Reselling Shoes: How I Make $10,000 a Month Flipping Sneakers

Reselling Shoes: How I Make $10,000 a Month Flipping Sneakers

After spending hours of research and using the little money that I had saved, I bought my first pair of shoes to resell. It was a pair of Jordans that I bought for $190. I sold them hours later for $300 — an $80 profit after shipping and fees.

It was the quickest and easiest money I had ever made. I had finally found a product that met all of my criteria: high ticket items with good margins that sold quickly. Sneakers checked those boxes very nicely.

226: Earn Your First $500 on the Side in the Next 7 Days – No More Excuses!

226: Earn Your First $500 on the Side in the Next 7 Days – No More Excuses!

Scott Voelker is the host of the super popular Amazing Seller podcast, where he’s recorded more than 300 episodes about the Amazon FBA business model.

He’s a family man and a serial hustler, having been involved with a number of businesses ranging from construction to photography to ecommerce.

His latest project is the 1k FastTrack Challenge, where he takes a group of students through the paces of making their first $1000 selling online.

221: Wholesale on Amazon: From Part-Time Hobby to $13 Million in Amazon FBA Sales

221: Wholesale on Amazon: From Part-Time Hobby to $13 Million in Amazon FBA Sales

Dan Meadors is one-half of TheWholesaleFormula.com. He and his partner Eric Lambert began selling on Amazon as a hobby with an original investment of only $600.

They would work nights and weekends buying products on clearance at local retail stores and selling them on Amazon for profit.

It took only a few months before they saw the potential to turn this hobby into a business and they both left their day jobs to sell on Amazon full-time.

217: Crowdfunding 101: How to Raise Money for Your Next Project

217: Crowdfunding 101: How to Raise Money for Your Next Project

Nathan Chan is the founder of FoundrMag.com. The digital magazine started as a side hustle in 2013, and has since transformed into a multi-million dollar media company.

Nathan is perhaps best-known for growing his business through Instagram, a platform where Foundr now has almost a million followers.

But today I want to dive into a different angle of Nathan’s business, and that’s crowdfunding.

209: Amazon FBA Private Label Strategies for 2017 – Featuring Two 7-Figure Sellers

209: Amazon FBA Private Label Strategies for 2017 – Featuring Two 7-Figure Sellers

As a private label seller on Amazon, Andy has seen his revenue grow from $400k in year one, to $900k in year two, and he is closing in on $1.8 million for year three!

I last spoke with Andy Slamans on episode 84 of The Side Hustle Show back in late 2014. At that time, he was wrapping up his first year as a full-time Amazon seller. Today he and his partner Liran (also a 7-figure Amazon seller) join me to discuss what’s working on Amazon NOW in terms of product research and marketing.

194: A 6-Figure Amazon FBA Business in 7 Months

194: A 6-Figure Amazon FBA Business in 7 Months

“Find a hot trend and piggyback on it,” Toni Anderson told me.

And that’s exactly what she did in launching her ecommerce business last year in the jewelry niche. It’s not just generic jewelry, but jewelry designed to specifically ride on the “essential oils” trend.

Toni said 90% of her business comes through Amazon vs. her own storefront, but that she and her partner did $190k in sales in their first 7 months!

192: Starting an Ecommerce Empire on Etsy

192: Starting an Ecommerce Empire on Etsy

Kara Lamerato is a work-at-home-mom of 2, but runs a successful business in her spare time. Kara’s Vineyard Wedding supplies brides with wine-themed wedding decorations, and has shipped thousands of orders.

Kara started the business before having kids while she was still working full-time in private banking. The idea came from her own wedding and thinking there might be other brides out there looking for similar DIY-style items.

She put a listing up on Etsy, and a couple weeks later, she had her first order!

Usually Hustling, Occasionally Social

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