Ep. 10 - Does Your Phone Flipping Business Own You?

Ep. 10 - Does Your Phone Flipping Business Own You?

Creating a business is one of the toughest things you could ever attempt, however the benefits of owning your business, and more importantly, your time are worth the risks and stress! When I first decided to start my own phone flipping business I knew that I didn't want to get lost in the money side of things. I created my phone flipping business so that it would afford me freedom to go and do as I wanted or needed. Is your phone flipping side hustle set up to allow you to have freedom when you want it? If it doesn't, is money the only reason you are in business?   Want to learn how to flip phones and create your own phone flipping business? You can find my FREE Phone Flipping Mini Course at http://www.phones2freedom.com/    Make sure to also join my FREE Facebook group where hundreds of other phone flippers collaborate and grow together!    Phones2Freedom Facebook Group - https://www.facebook.com/groups/phones2freedom   Subscribe to the Channel - https://www.youtube.com/c/Phones2Freedom?sub_confirmation=1   TikTok - https://www.tiktok.com/@phones2freedom   Reddit - https://www.reddit.com/r/phones2freedom/   Instagram - https://www.instagram.com/phones2freedom/   Apple Podcast - https://podcasts.apple.com/us/podcast/phones2freedom-podcast/id1622735824   Spotify Podcast - https://open.spotify.com/show/5fg97VMMCMg7nlyJMUNsFa   Google Podcast - https://podcasts.google.com/feed/aHR0cHM6Ly9hcHAua2FqYWJpLmNvbS9wb2RjYXN0cy8yMTQ3NDk3MzgxL2ZlZWQ

Ep. 9 Consistency Is Key

Consistency is the key to every single business on earth. Consistency is one of the most important skills to continue not only the survival of a phone flipping business but the growth of your phone flipping Business. Today I talk about the different things you can be doing in your phone flipping business to drive consistency. Every phone flipper knows that the phone market is a bit shaky at the moment with Rsim being down. Prices on carrier locked phones are low and people are feeling the pinch. In this episode I outline how things like getting reviews and posting to Instagram can have huge effects on your business. Building relationships with other business owner's in your area by interacting with them on Instagram can funnel customer's directly to you. The best part is it is free to do! Getting reviews on Facebook and Google My Business for your Phone Flipping Business can have a huge impact on the trust that the public has in your business and the authority you have in the market share for your area. Many phone flippers seem to gloss over building the local brand and while the market is down, staying consistent on the back end of your business is sure to pay dividends when the market picks back up.

Ep. 7 - Do You Have A Capital Management Problem?

Are you struggling with managing the working capital in your phone flipping business? Today I discuss some of the issues that I see many new and seasoned phone flippers struggle with when it comes to money. It is important to manage your working capital appropriately if you want your business to grow.   How much money do you need to flip phones? Well that all depends on where you are at in your phone flipping journey. A new rookie won't need a ton to get started. I started flipping phones with only $136. After that first flip though I was very careful to manage my capital appropriately.  This has allowed me to scale my phone flipping business at a much faster rate than those people that mismanage their money. Some tips to keeping your working capital healthy is to move your phones or devices as quickly as possible. Sometimes this means taking a little less profit from each phone. What you gain from selling for a little less is the ability to get your money back very quickly. Getting your working capital back quickly affords you the opportunity to buy more deals and make more profit. Want to learn how to flip phones? You can find my FREE Mini Course HERE [http://www.phones2freedom.com/] Make sure to also join my FREE Facebook group where hundreds of other phone flippers collaborate and grow together!  Phones2Freedom Facebook Group HERE [https://www.facebook.com/groups/phones2freedom] YouTube [https://www.youtube.com/c/Phones2Freedom?sub_confirmation=1] Channel! TikTok [https://www.tiktok.com/@phones2freedom] Reddit [https://www.reddit.com/r/phones2freedom/] Instagram [https://www.instagram.com/phones2freedom/] Apple Podcast [https://podcasts.apple.com/us/podcast/phones2freedom-podcast/id1622735824] Spotify [https://open.spotify.com/show/5fg97VMMCMg7nlyJMUNsFa] Google Podcast [https://podcasts.google.com/feed/aHR0cHM6Ly9hcHAua2FqYWJpLmNvbS9wb2RjYXN0cy8yMTQ3NDk3MzgxL2ZlZWQ]

Ep. 6 - Is Buying Carrier Locked Phones Dead?

Ray and I discuss the fact that RSIM has went down and how it has drastically crashed the cell phone market. We go on to discuss why RSIM is so important to the carrier locked market and what has happened in the past when RSIM has went down.   What can you do as a street level cell phone flipper to keep your business moving in the green direction during this wild time in the market?   How long will RSIM be down and what can we expect in the future?   If you are holding phones now in your inventory, should you sell or should you hold?   How does having a healthy amount of Capital effect the decision to sell or hold current stock?   What other items can you buy to flip to help get you and your business through these unstable times?   What tips and strategies can you use to help negotiate the lower prices for carrier locked devices?   Will RSIM and the launch of the Apple iPhone 14 overlap? What are the possible outcomes if this happens?   New model for the iPhone 14?   Ray was a FedEx driver when he first started and was meeting people in the middle of his route!    Ray has been arrested and robbed when he was flipping phones in the street.   How to flip phones safely -    Listen closely for Ray’s actionable negotiation tip that he has used to make more money from sellers.   Perspective can play a major roll in how much profit you are willing to make flipping a phone.   Let’s talk competition in your local market and who will still be standing once RSIM is back up.   Ray Baubach Whatsapp - (+1 727-729-9628 )   Ray brings The Most Epic Dad Joke   Make sure to Subscribe so you don’t miss a future episode with Ray where we plan to discuss what exactly a direct buyer does and what that process looks like.   Want to learn how to flip phones? You can find my FREE Mini Course HERE [http://www.phones2freedom.com/]! Make sure to also join my FREE Facebook group where hundreds of other phone flippers collaborate and grow together! You can find it HERE [https://www.facebook.com/groups/phones2freedom]! YouTube [https://www.youtube.com/channel/UCqVaplhtvJRYk9vaTVy9URQ] TikTok [https://www.tiktok.com/@phones2freedom] Reddit [https://www.reddit.com/r/phones2freedom/] Instagram [https://www.instagram.com/phones2freedom/]

Ep. 5 - How To Flip Phones Safely

Heard of any stories of people getting robbed while flipping phones? Today we dive in to that very issue. I talk about what types of things may be driving an uptick in phone flippers getting robbed. I read from a post from a fellow phone flipper who was recently robbed. This is what he had to say about the experience, the mistakes he made, and what he will be doing moving forward. I discuss how you can tell if a place is safe to meet What checkbox’s I need to check to insure mine and my customer’s safety I share some tips that I use to help insure that I don’t get robbed and what I would do if I do ever get robbed when meeting sellers to buy their phones. Places to avoid when meeting sellers. Even though people talk negatively about it, Profiling sellers before the meetup is a must. I talk about what I do once I get to the meetup spot. When someone wants to meet at a place you don’t feel safe, I have some tips on how to get someone to meet where you want to meet them.   This was an edited and enhanced audio version of a live Facebook event inside of my free Facebook group. Want to learn how to flip phones? You can find my FREE Mini Course HERE [http://www.phones2freedom.com/]! Make sure to also join my FREE Facebook group where hundreds of other phone flippers collaborate and grow together! You can find it HERE [https://www.facebook.com/groups/phones2freedom]! YouTube [https://www.youtube.com/c/Phones2Freedom] TikTok [https://www.tiktok.com/@phones2freedom] Reddit [https://www.reddit.com/r/phones2freedom/] Instagram [https://www.instagram.com/phones2freedom/]