How We turned £35 To Multiple Six Figures in Reselling

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Summary In this episode, Daz Smith shares his personal journey in the reselling business, from experiencing success and failures in various ventures to transitioning into reselling. He emphasizes the importance of personal development, mentorship, and adopting a growth mindset. Daz discusses how he started with £35 and no knowledge in reselling, but through continuous learning and leveraging mentorship, he scaled his business to multiple six-figures on eBay. He also talks about his experience with the Whatnot app and his goals for the future. The podcast aims to provide actionable insights and strategies to help resellers grow their businesses. Keywords reselling, personal development, mentorship, growth mindset, scaling, eBay, Whatnot app, goals Takeaways * Personal development and mentorship are crucial for success in the reselling business. * Starting with limited resources and knowledge is possible, but continuous learning and leveraging mentorship are key to scaling the business. * Niche specialization and efficient systems are important for scalability. * The Whatnot app offers opportunities for live selling and growth. * The podcast aims to provide valuable insights and strategies for resellers. Titles * From Successes and Failures to Reselling * Scaling a Business with Limited Resources Sound Bites * "Learning from people who were ahead of me in business was crucial to success." * "We literally had to start again that took everything we had and more." * "From the 1st of April 2021 to the 1st of April 2022 we did 100,000 in revenue on eBay." Chapters 00:00 Introduction and Personal Journey 04:04 Scaling a Business with Limited Resources 05:58 The Impact of COVID-19 on the Business 09:20 Starting Anew with Reselling 11:13 Discovering Reselling and Learning from Others 16:24 Exploring the Opportunities of the Whatnot App Expert advice on scaling your business on eBay and Whatnot.Proven strategies for sourcing products and maximising profits.Mindset and personal development insights to overcome obstacles.Interviews with successful resellers and industry experts. Join the R3vive Community! Get exclusive access to valuable resources, mentorship, and a supportive network of resellers.Stay updated with the latest trends and strategies in the reselling industry.Connect with like-minded individuals and share your journey. 🌟 Join the R3vive Free Community or Membership Group: ⁠r3vive.com⁠ 🎤 Record Your Own High-Quality Podcasts with Riverside: ⁠https://www.riverside.fm/?via=r3vive⁠ [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbjRKVnk4MldXNTA1VzJPSVNURzlZcFpvLXUzZ3xBQ3Jtc0tuUDlCT3R6VDhuWTI4bkVDUHVhejNNekpQaW41VUdYT19XaXRvUWxFRTJrV082UmlvMEloc0ZWZmlPR2t2eDVTa2RRQTVKWkdwRHpBQUlzQUJNQVJ3U0FGYzdFLVVPWDItTHpSanVGaGU5RHNTMl9wbw&q=https%3A%2F%2Fwww.riverside.fm%2F%3Fvia%3Dr3vive%E2%81%A0&v=U5LXjSnN6uA] 📱 Follow Us on Social Media: Instagram: ⁠@Flippin.Success ⁠Instagram: @Dazsmithreal⁠ Twitter/ X: ⁠@Dazsmithreal⁠ Join Whatnot to get £10 To Spend https://whatnot.com/invite/r3vive Want to sell on Whatnot, let us help https://whatnot.com/invite/seller/r3vive 🔔 Subscribe now and join us on this exciting journey to reselling success. Get ready to flip your success into high gear with Daz Smith and the Flippin’ Success podcast!

The Importance of Listing Quality Items + Team Q&A | Ep 4

🌟 Join the R3vive Free Community or Membership Group: ⁠r3vive.com⁠ 🎤 Record Your Own High-Quality Podcasts with Riverside: ⁠https://www.riverside.fm/?via=r3vive⁠ (https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa19OdUlPTUhDNXc0UUs0bFFWNVpDbmxBSU5BUXxBQ3Jtc0ttaVFVMGFjMmE3SWVhVllvWGNrYnd4cDE1Rkg1RTM0T0dJOWpDTEtXajRQbTRPRlNpVXRtdTZxYmpyOHRfRFdUNjBTeFExR1V4dnJfTUxjWVJOSWtBaXdfWnZMUVNLU2NrUHhlZHVsUzF6SGJjcEtwQQ&q=https%3A%2F%2Fwww.riverside.fm%2F%3Fvia%3Dr3vive%E2%81%A0&v=xRYttBIvKhI) 📱 Follow Us on Social Media: Instagram: ⁠@Flippin.Success ⁠Instagram: @Dazsmithreal⁠ Twitter/ X: ⁠@Dazsmithreal⁠ Join Whatnot to get £10 To Spend https://whatnot.com/invite/r3vive Want to sell on Whatnot, let us help https://whatnot.com/invite/seller/r3vive Summary The conversation covers various topics including reselling, pricing strategies, focusing on quality over quantity, and the importance of building connections. The hosts discuss the benefits of sticking to one platform, such as eBay, and mastering it before branching out to other platforms. They also emphasize the importance of understanding the target market and pricing items accordingly. The conversation provides insights into the reselling business and offers advice on listing items effectively on eBay. The conversation focuses on the importance of niche specialization in reselling, particularly in the context of selling sports-related items like football and rugby shirts. The speakers emphasize the need to focus on quality products and target audiences, rather than trying to diversify too much. They discuss the value of building knowledge and expertise in a specific niche, as well as the potential for growth and profitability in selling football and rugby shirts. The conversation also touches on the challenges of returns and cash flow management in reselling. In this conversation, Darren Smith discusses the importance of finding the best use of your time in reselling. He emphasizes the need to focus on a niche, choose the right platform, and source quality items. Darren also talks about the challenges and potential of selling on Whatnot, highlighting the need to set higher prices and avoid gambling with low-profit items. He shares his own journey in reselling and offers advice to others, emphasizing the importance of setting goals and constantly evaluating the best use of your time. Keywords reselling, pricing strategies, quality over quantity, building connections, eBay, target market, reselling, niche specialization, quality products, target audience, football shirts, rugby shirts, knowledge building, returns, cash flow management, reselling, time management, niche, platform, sourcing, Whatnot, higher prices, quality items, goals Takeaways * Focus on quality over quantity when reselling * Stick to one platform and master it before branching out * Understand the target market and price items accordingly * Building connections and networking is crucial for success * List items effectively on eBay by providing accurate descriptions and photos Focusing on a specific niche and delivering quality products is key to success in reselling. * Building knowledge and expertise in a niche, such as football or rugby shirts, can lead to increased profitability. * Returns are a common challenge in reselling, and it's important to manage cash flow and be conservative with spending. * Engaging with the reselling community and learning from successful sellers can provide valuable insights and inspiration. * Finding the right platform and audience for your reselling business is crucial for growth and success. Find the best use of your time in reselling by focusing on a niche and choosing the right platform. * Set higher prices on Whatnot to increase profitability and avoid gambling with low-profit items. * Constantly evaluate the best use of your time as your business grows and your knowledge and network expand. * Set goals and have a clear direction in order to make progress in your reselling business. Titles * Mastering the Art of Reselling * Pricing Strategies for Success Learning from Successful Resellers * Managing Returns and Cash Flow in Reselling Finding the Best Use of Your Time in Reselling * Constantly Evaluating the Best Use of Your Time Sound Bites * "Quality over quantity is the key to success." * "Networking opens doors to new opportunities." * "Pricing higher can sometimes lead to faster sales." * "Focusing on finding quality items...is going to be based on the quality." * "Football shirts don't go down in value, they only go up." * "Most people should niche down...but it comes down to getting the supply." * "Where does the stock go? So the, that now it's got to be like, if you've got eBay, eBay has got to have its own stock and what not's got to have his own stock." * "The best use of your time element will shift as you become more knowledgeable, as your network grows, as you learn more things that will shift." * "The best use of my time right now is to go out and find stock. Maybe even the better use of my time would be to be create content to build our brand." Chapters 00:00 Introduction and Casual Conversation 04:26 Opening Up for Q&A and Discussion 05:23 Managing eBay and Holiday Mode 06:46 Debunking eBay Myths and Urban Legends 10:08 The Importance of Listing Quality Items 13:19 Trends in Sneaker Reselling 16:27 Networking and Building Connections 21:26 Focusing on Quality Items and eBay 23:35 Exploring New Opportunities and Connections 29:14 The Value of Networking and Opportunity 31:05 Choosing the Right Platform and Niche 35:19 Gaining Knowledge and Expanding into New Brands 37:42 Pricing Strategies for Success 45:31 Understanding the Target Market and Pricing Accordingly 48:41 The Importance of Quality Listings on eBay 49:39 The Power of Niche Specialization 52:05 The Profit Potential of Football and Rugby Shirts 56:45 Managing Returns and Cash Flow 01:09:13 Learning from Successful Resellers 01:25:18 Choosing the Right Platform 01:39:30 Finding the Best Use of Your Time in Reselling 01:44:15 Constantly Evaluating the Best Use of Your Time 01:49:11 Setting Higher Prices on Whatnot for Increased Profitability 02:08:25 Setting Goals and Having a Clear Direction in Reselling 02:25:04 Conclusion

6. aug. 20242 h 7 min

How We turned £35 To Multiple Six Figures in Reselling | Ep 1 - Jun 23, 2024 001

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