We’re inspired by this concept from Gary Vaynerchuk, one of the entrepreneurs we follow online, of “flipping” products you find for cheap and selling it for more online. Another term for “flipping online” is online arbitrage or retail arbitrage. It’s perfect timing as we were planning to go through our 30-years-in-the-same-house clutter, finally! And… are already converting clutter to cash!
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If you’re looking to earn some extra cash–and/or earn cash from clearing your clutter–this could be perfect for you too.
Caption from Gary’s video:
“This is how ANYONE watching this video can make an extra $100 – $1,000 on the weekends… Whether it’s garage sales, or craigslist free, or eBay, if you just spend your Saturdays and Sundays taking the time to do this, you can CRUSH 2019.”
Here are some extra resources for getting started:
- Finding easy selling products for ebay
- How to find FREE stuff to sell on Facebook Marketplace, Craigslist, and eBay
Warning: Gary swears a lot. However, he’s entertaining, full of practical advice, and could be a great way to remove clutter and make extra cash!
What is Arbitrage?
Arbitrage is about acquiring a commodity and selling it in a different marketplace with the goal of earning more than you paid for the product. While the word can sometimes be hard to say, the concept is fairly simple to grasp. Khan Academy has a great training on the basics of arbitrage which you can watch here!
“Every second you spend thinking about what somebody else has, is taking away time that you could create something for yourself.”
~Gary Vaynerchuk, entrepreneur, visionary
Hey! I’m Devani, a multi-passionate creator who enjoys honing the craft of writing (mostly;)), photography, cooking, podcasting, learning about business, and growing brands. I co-host the iCreateDaily Podcast with LeAura Alderson (my mom), and co-own the iCreateDaily brand. I hope through the content and products we produce, you will be inspired to start, sustain, and succeed in your goals.
My non-business and artistic hobbies include: enjoying a good movie, discovering obscure but epic music, obsessing over The Beatles, and developing fictional stories in my head. My Maltese dog, Caspian, provides an insane amount of creative inspiration by just being his adorable self. #HeWokeUpLikeThat. 😉
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