How To Resell Sneakers In 2024 *UPDATED*

Summary

In this insightful video, the speaker shares valuable strategies for success in sneaker reselling. Emphasizing the importance of joining a cook group, they advocate for investing in knowledge to simplify the buying and selling process. By identifying personal motivations, the speaker highlights how to maintain focus and overcome challenges. They stress the significance of automation, networking, and mentorship, noting that learning from experienced individuals accelerates growth. With a call to action for viewers to engage and join their inner circle, the speaker encourages a supportive community for aspiring resellers.

Takeaways

• 😀 Joining a cook group can significantly ease the challenges of starting a sneaker reselling business, providing essential knowledge and support.
• 😀 An investment of $40-$50 in a cook group is comparable to small monthly expenses, making it a worthwhile investment for beginners.
• 😀 Writing down your personal 'why' for reselling sneakers can help maintain motivation and focus during tough times.
• 😀 Overcoming laziness and fatigue is possible when you have a strong reason driving your efforts in the sneaker reselling business.
• 😀 Automating up to 90% of your reselling operations allows for efficient time management, freeing up hours for mentoring others.
• 😀 Mentorship is crucial for accelerated growth, as learning from experienced individuals can significantly shorten the learning curve.
• 😀 The speaker emphasizes that hard work and adaptability are essential for success in sneaker reselling.
• 😀 Cross-listing products on multiple platforms increases visibility and sales opportunities.
• 😀 Networking and attending events can lead to valuable connections and insights within the sneaker reselling community.
• 😀 Taking action and making changes is necessary for progress; without willingness to adapt, nothing will improve.

Q & A

What is the primary benefit of automating a sneaker reselling business?

Automation allows the business owner to focus on essential tasks while minimizing the time spent on daily operations, making the business more efficient.

Why does the speaker recommend joining a cook group?

Joining a cook group can provide valuable knowledge on where and how to buy and sell sneakers, effectively solving many common issues faced by beginners.

How much does the speaker suggest investing in a cook group?

The speaker suggests that investing around $50 in a cook group is reasonable and can lead to substantial knowledge and support.

What does the speaker identify as a crucial factor for maintaining motivation?

Writing down and remembering one's 'why'—the underlying reason for pursuing the sneaker reselling business—is essential for maintaining motivation, especially during challenging times.

How does the speaker view their own earnings in relation to others?

The speaker acknowledges that while they may earn significant amounts, these figures can be life-changing for many people, and it's important to recognize the impact of those earnings.

What is the speaker's approach to helping others in the sneaker reselling community?

The speaker prioritizes helping students in their inner circle by sharing experiences and knowledge to provide value and support.

What role does mentorship play in the speaker's business strategy?

Mentorship is crucial for the speaker, who has invested over $20,000 in mentorships to accelerate their growth and gain insights from more experienced individuals.

What are some key steps the speaker suggests for success in sneaker reselling?

Key steps include maintaining a strong mindset, working hard, joining a supportive group, cross-listing products, and networking through events.

How does the speaker define their daily tasks in the sneaker reselling business?

The speaker typically spends 2-3 hours daily on communication, primarily texting suppliers and clients, and focusing on bigger deals.

What does the speaker hope to achieve by sharing their journey and insights?

The speaker aims to provide transparency and authenticity in their journey, offering real-life insights that can inspire and guide others in their sneaker reselling efforts.