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What It's About
Today's caller wants to know if they're hearing the right potential reselling headphones.
Notes from Chris
Episode 1570
Welcome to a new week! This listener has gone all-in with reselling headphones, and is making a good profit! Should they focus on this category and try to scale, *or* use what they’ve learned to enter other categories?"Hi Chris this is Kelly from Detroit. I started reselling during the pandemic and have hit on a speciality item: headphones. I learned all about the various models, from Bose to Sony to the new Apple Airpods Max that cost way too much money. Believe it or not, even though those are really new, there's already an active reseller market for them! I'm doing pretty well, bringing in around $1,500 a month in profit, but now it's decision time: do I keep doing this (and potentially do it better, with more inventory), or do I take what I've learned and start selling items in other categories? I can see arguments both ways, so I know there are pros and cons ... but if you had to choose, which is better?"Listen to today's episode to learn more...
SEE ALSO:
- Business Students Make $125,000 Selling Headphone Attachments: Two friends always talked about starting a business. But it wasn’t until a run-in with some expensive headphones that they finally found the idea they’d been waiting for.
- Government Analyst Builds Six-Figure Reselling Business: How a government analyst goes from collecting Frequent Flyer miles to collecting money through a reselling side hustle.
- TBT: P.E. Teacher Becomes Full-Time Sports Gear Reseller: In this week’s “Throwback Thursday / Where are they now?” segment, we hear from a teacher who buys and resells sports equipment, earning up to $8,000 month.
