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An Unusual Way to Get Rich – Create a Flea Market Small-Business Empire With Wholesale Products
FACT: Many people make $1,000 a day (that’s $104,000 a year) just by selling at flea markets and swapping dates on weekends. (I’ve actually done more than that some days.) Most people think we’re just a bunch of poor people trying to make an extra dollar, and that’s exactly what we want them to think.
What do we know that you don’t? What are our secrets? Can you do it?
Yes. Anyone can sell at flea markets and get rich…and I’ll show you exactly how here.
Becoming a flea market vendor is easy and affordable. Your expenses will be the cost of your merchandise and the rent of the space. Daily rent for an outdoor space can be as little as $5-$10 per day. Many people start by selling used items and move on to selling brand new items purchased from wholesale companies. New items outsell used items two to one and have a higher profit ratio.
Most people already have a table or two that they can bring with them. I actually started my own flea market and flipping business with just $200 and a few card tables I borrowed. Now I earn thousands of dollars every month without fail. (Of course, the more money you have to buy goods, the faster your new business will grow.)
The key is to let your new business grow. Don’t kill it by taking away all the profits! I suggest that you have a job or other source of income to cover your living expenses for at least the first six months after starting your new business.
There is an old saying in this business: “The more you have, the more you sell.” Trust me, it’s true! Take this to heart and put all your profits into buying more merchandise, so you’ll have even more to sell next weekend.
Who do you think most shoppers will go for, the guy sitting there with four items on a single card table or three spaces across the aisle from him, literally loaded with a million different items? If you think you have enough goods, you don’t.
If you use your earnings to build your business and buy more merchandise each week, it won’t be more than a few months before your sales skyrocket and you can start keeping some of the earnings for yourself. without killing him.
If you live in a northern climate that is cold in the winter or a southern climate that is hot and humid in the summer, you may want to consider renting a space inside a flea market building. Yes, your space rent will go up a bit, but you’ll have the advantage of heating and air conditioning (comfortable shoppers spend more money), as well as a secure enclosure for your tables and merchandise during the week when the market is closed .
After your first small business is doing well, use the profits from it to open a second small business in the same small market or exchange meetings, selling a different type of goods. Expansion is as simple as renting another space and hiring someone to run it for you. Again, your costs will only be freight and space rental and whatever you pay your help for. (Be good to them and they will be very good to you.) As with your first business, put the profits back into your second business and let it build.
Profits from two small businesses will allow you to open a third small business with ease. Do the same as before and let your third business grow. Put money into it by buying more goods.
Then open a fourth, fifth, and sixth small business at the same flea market. It is not only possible, but almost guaranteed that if you do this, you will build your small business empire in less than a year and have an annual income of over $100,000 after expenses.
If you simply put the profit back into your first new business, it will grow without another penny out of your pocket. Earnings will allow you to open a second, a third and so on. You don’t need a small business loan to get started.
Plus, you’re not limited to just one market or exchange meeting. There may be other markets within 20 or 30 miles of you where you can do the same thing and multiply your profits.
If you follow this simple but effective formula, it won’t be long before you stop selling at flea markets yourself and just become a manager, overseeing your small business empire and stepping in to give your employees holidays.
Once you have a very good income, consider other ways to invest your money to make even more profit, such as opening your wholesale house and selling goods to flea market vendors and earn even more.
Flea markets and swap meets are a great place where the average person can start their own small business and become rich by creating a small business empire.
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