How To Become a Successful Sneaker Reseller In 2023

Sneaker Invest
25 Jan 202338:27

Summary

TLDRこのスクリプトは、スニーカーのリセラーシップに関する情報交換を中心とした動画の内容です。主人公は、自分のリセリングの経験や、将来のスニーカー市場の予測、さらにリセリングの成功法則を共有しています。彼は、リセリングのビジネスを拡大し、より多くの人々がその成功を享受できるようにすることを目指しています。また、彼は若いリセラーに向けて、自信を持って自分の道を進むことを奨励しています。

Takeaways

  • 📈スニーカーの投資にはリスクがあり、最も良い投資先をすぐには見つけることはできない。
  • 👟Nike Dunkなど、2020年から2021年のモデルは予想外に人気があり、売上が良いだった。
  • 💰今是最好的スニーカー投資は、学年のJordan 4(サイズ5.5〜7、価格200ドル)とDunk Low USCだ。
  • 🔄スニーカーのリセリングは今後20年間は続くと予想され、市場のシフトが見込まれる。
  • 🛍️地元のコンシグネーションショップがなければ、3〜4ヶ月待って新しいショップが開業するまで待つべきだ。
  • 💸スニーカー投資に始めるには最低8,000〜10,000ドルが必要である。
  • 📈急激な資金調達の方法として、Facebook MarketplaceやeBay、アウトレットなどで安価に購入し、高値で販売する。
  • 🏆最悪の投資はPanda Dunkで、市場が下がり、損失を被った。
  • 🤝信頼できるコンシグネーションショップを選ぶためには、オーナーとの関係を築くことが重要。
  • 🌐海外のセラーを探すには、Instagramが効果的である。
  • 🚀将来的には、コンシグネーションショップのチェーンを展開する計画がある。

Q & A

  • 何年からスニーカーのリセリングを始めましたか?

    -11歳からスニーカーのリセリングを始めました。

  • あなたが推薦するおすすめの書籍は何ですか?

    -「The Power of Habit」や「The Subconscious Mind」、そしてPhil Knight、Elon Musk、Matthew McConaugheyなどの伝記を推薦します。

  • リセリングで最も成功した投資は何でしたか?

    -最も成功した投資は、ブラックキャンバスのJordanスニーカーでした。それらは利益として3万5千から4万円を獲得しました。

  • リセリングビジネスを拡大するためにどのような戦略を立てていますか?

    -私は将来、世界中のスニーカーリセラーを豊かにする大きな計画を持っています。2023年の目標は、100人以上のリセラーを年間100万円以上の収益をもたらすことです。

  • あなたが得た最も重要な教訓は何ですか?

    -最も重要な教訓は、自分の父親から学んだことです。父親は私に、自分が間違っていると気づかせてくれ、それを普通の方法で伝えました。父親は私を信じてくれ、私は彼の助けを得ることができました。

  • リセリングで失敗した経験は何ですか?

    -失敗した経験としては、大きな注文を受け入れた際に商品を受け取ることができなかった経験があります。その結果、関係が壊れ、その後のビジネスに影響が出ました。

  • あなたがスニーカーのリセリングで最も後悔していることは何ですか?

    -Travis ScottのJordanスニーカーを100足以上買う機会があったが、実際には55足しか買わなかったことです。100足以上買っていたらもっと良い結果が出たと思います。

  • リセリングの始め方についてアドバイスをいただけますか?

    -リセリングを始めるとは、あなたが知っていることを最大限に活用し、それを通じて収益を上げることです。資金源を見つけ、信頼できる販売者とつながり、その2つを組み合わせて多くの靴を購入することが重要です。

  • あなたのビジネス構造と税务に関する戦略は何ですか?

    -私のビジネス構造はS corpで、毎月S corpに報酬を支払い、税金を効率的に管理しています。また、2022年のスニーカーの在庫に対して、売却した品と未売却の在庫を適切に扱うことで、税金の負担を軽減しています。

  • リセリングで成功するために必要なスキルは何ですか?

    -リセリングで成功するために必要なスキルは、市場分析の能力、人との信頼関係を築く能力、そして自己成長への承認です。市場の動向を理解し、適切なタイミングで購入と売却を行い、他者との良好な関係を築くことで、ビジネスを成功させることができます。

  • あなたがスニーカーリセリングで最も大きなヒットは何でしたか?

    -私が経験した最大のヒットは、ブラックキャンバスのJordanスニーカーでした。それらを利益を得て3万5千から4万ドルを得ることができました。

  • リセリングビジネスを維持するために必要なことは何ですか?

    -リセリングビジネスを維持するためには、信頼できるチームを構築することが重要です。また、市場の動向を把握し、適切なタイミングで購入と売却を行うことが大切です。そして、税金の管理も重要です。これらの要素を適切にバランスさせることが、ビジネスを維持する上で不可欠です。

Outlines

00:00

🤔 クイズ企画の成功と投資について

この段落では、自分が行ったクイズ企画の成功と、その成功が予想外であったことを説明しています。また、最も人気のあるスニーカー投資について質問されることが多く、その投資のベストプラクティスを紹介しています。特に、リサイズルのJordan 4や、新しいリリースのJordan 4のリセール価格についても触れています。

05:02

📈 ビジネス関係の築き方と販売戦略

この段落では、ビジネス関係を築く方法と、それを通じてどのように利益を上げることができるかについて話しています。また、リセール市場の動向と、その市場の将来についても見ています。特に、Consignmentの重要性や、将来的にどのような变化が起こる可能性があるかについて詳細に説明しています。

10:02

💡 投資の始め方と成功の秘訣

この段落では、スニーカー投資の始め方について詳しく説明しています。特に、リセールを始めることの難しさや、どのようにして足跡を築けば成功が見られるかについて話しています。また、リセールの成功に必要な資金の額や、その資金をどのように使うかについても触れています。

15:04

🚀 ビジネスの拡大と将来の展望

この段落では、スニーカービジネスを拡大する方法と、将来的にどのようなビジネスを展開したいかについて述べています。特に、Consignmentの将来展望や、自分自身がその分野でどのような役割を果たしていきたいかについて詳細に説明しています。また、自分が取り組んでいる新しいプロジェクトについても触れています。

20:05

💸 収益の最大化と投資戦略

この段落では、スニーカー投資で収益を最大化するための戦略について詳しく説明しています。特に、リセール価格の設定や、どのタイミングで売却すべきかについて具体的にアドバイスを提供しています。また、自分自身の投資事例や、その成功の秘訣についても語っています。

25:06

🌟 人生の価値とビジネスの影響

この段落では、ビジネスが人生にどのような影響を与えるかについて深く掘り下げています。特に、成功体験や失敗体験から得られた教訓、そしてそれらが自分や読者/視聴者にどのように影響するかについて話しています。また、将来の目標や、自分自身のビジネスのビジョンについても述べています。

Mindmap

Keywords

💡sneaker reselling

This term refers to the business of buying limited edition or in-demand sneakers and selling them at a higher price than the retail value. In the video, the speaker discusses his experiences and strategies in the sneaker reselling market, highlighting its potential for profit and the importance of understanding market trends and consumer demand.

💡Consignment

Consignment is a business model where the seller (consignor) entrusts their goods to a third party (consignee) for sale. The consignee does not pay the consignor upfront but instead sells the goods and later pays the consignor a percentage of the sale price. In the context of the video, the speaker talks about his preference for consignment as a method of selling sneakers, emphasizing its higher returns compared to platforms like StockX and GOAT.

💡Jordan 4

The 'Jordan 4' refers to a specific model of sneakers from the Air Jordan series, which is a popular choice among sneaker resellers and collectors. The speaker discusses the potential for these sneakers to increase in value over time, making them a good investment for resellers. The 'Jordan 4' is used as an example to illustrate the speaker's investment strategies and predictions for the sneaker market.

💡investment

In the context of the video, investment refers to the act of putting money into a particular asset or venture (such as sneakers) with the expectation of making a profit in the future. The speaker shares his insights on what makes a good investment in the sneaker world, emphasizing the importance of understanding the market and choosing the right products to invest in.

💡market trends

Market trends refer to the general direction or pattern in which the prices of goods or services, in this case sneakers, are moving in the market. The speaker discusses his observations and predictions about market trends in the sneaker reselling industry, including shifts from certain platforms to consignment models.

💡capital

Capital, in the context of the video, refers to the initial funds or assets that an individual uses to start and grow their sneaker reselling business. The speaker emphasizes the importance of having sufficient capital to purchase inventory and to split investments between quick flips and long-term holds.

💡returns

Returns in this context refer to the profit or financial gain that a reseller makes from the sale of their sneakers. The speaker discusses the potential returns on different types of sneaker investments, highlighting the importance of understanding how to maximize these returns through strategic buying and selling.

💡risk management

Risk management involves the process of identifying, assessing, and prioritizing risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events. In the video, the speaker shares his experiences and strategies for managing risks in the unpredictable sneaker market, such as holding onto certain sneakers or diversifying investments.

💡building relationships

This concept refers to the process of establishing and nurturing positive connections with others, which is crucial in business for mutual benefit and long-term success. The speaker emphasizes the importance of building solid relationships with sellers and buyers in the sneaker reselling industry, suggesting that giving more in the beginning can lead to better outcomes over time.

💡recession

A recession is a period of negative economic growth that lasts for at least two consecutive quarters. In the video, the speaker discusses the impact of a potential recession on the sneaker reselling market, expressing skepticism that a recession would significantly affect the industry. He suggests strategies for navigating a recession, such as focusing on lower-priced sneakers.

Highlights

The speaker discusses the surprising success of Nike Dunks from 2020 and 2021, which defied expectations.

The best sneaker to invest in currently is grade school Jordan fours in certain sizes, according to the speaker's opinion.

The future of sneaker reselling is predicted to last for another 20 years, with a shift from platforms like StockX and GOAT to consignment.

StockX and GOAT may not be sustainable in the long term due to low returns for resellers.

The speaker's advice for those without local consignment shops is to wait and build connections, as they are working on expanding consignment opportunities.

A suggested starting capital for holding shoes or investing is around $8,000 to $10,000.

The speaker's worst investment experience was with the Panda Dunk, which market value dropped significantly.

Building solid relationships in business involves giving more than you receive initially, leaving money on the table in deals.

The speaker's strategy for quick money without bots and limited capital is to find shoes for cheap on platforms like Facebook, eBay, and at outlets, then sell them for more.

The speaker predicts that the new release Jordan 4 Messy Room may not surpass $220 in resell value.

For those looking to sell high-value sneakers, consignment shops like Stadium Goods are recommended for potentially higher returns.

The speaker emphasizes the importance of starting early in the sneaker reselling business and building capital over time.

The speaker shares personal experiences of scaling from a small initial investment to a substantial net worth over a decade.

The speaker's goal is to develop methods that will help resellers make significant income, aiming to make many resellers rich in the coming years.

The speaker believes the sneaker market will remain stable and is confident in its future.

The speaker advises on using platforms like eBay for sourcing and flipping shoes for profit, especially older Jordans.

The speaker shares personal stories of overcoming obstacles such as being young and without transportation to pursue reselling opportunities.

The speaker's tax structure involves an S corp and paying taxes on profits while carrying over unsold inventory to reduce tax liability.

The speaker expresses regret over not buying more of a particular sneaker model when given the opportunity, highlighting the importance of seizing opportunities.

The speaker concludes with advice for young resellers to trust the process, be patient, and believe in their ability to succeed in the long term.

Transcripts

play00:01

three hours ago I posted a thing on my

play00:05

story that says doing a q a ask anything

play00:09

and we got a lot of questions we're

play00:11

gonna do a q a I haven't done one like

play00:13

three years

play00:14

what's a shoe you never thought would do

play00:17

crazy numbers but did I'd probably say

play00:19

like half the Nike Dunks from like 20 21

play00:23

2020. a lot of those should not have

play00:25

done well but they did good which is

play00:27

which is surprising seller hold medium

play00:29

Olive dunks I mean personally right now

play00:31

I would just get rid of them I got rid

play00:33

of most of my pairs I think Peak is

play00:35

probably going to be like 250. what is

play00:37

the best sneaker to invest to right now

play00:38

guys I'm gonna be completely honest with

play00:40

you I get this question every single day

play00:42

and it's probably the worst question I

play00:45

consistently get because what is the

play00:47

best stock to invest into right now what

play00:49

is the best crypto to invest in right

play00:50

now there's like 50 to 100 and I think

play00:53

you just won't get one like off the bat

play00:55

but I think that if you want to get into

play00:57

investing a gold mine is just grade

play00:59

school Jordan fours size five and a half

play01:00

to size seven at two hundred uh dunk low

play01:03

USC I think that if you have pairs you

play01:06

could hold them for a bit more but I

play01:08

don't think they're gonna surpass 220 in

play01:11

my personal opinion will there always be

play01:13

sneaker reselling I think that sneaker

play01:15

reselling will probably be around for

play01:17

another

play01:18

20 years I'd say like 20 years I do

play01:21

think there's going to be a big shift

play01:22

from stockx and goat to Consignment like

play01:26

I think that can set like stockx I think

play01:28

is going to die out stockx resellers I

play01:30

don't think they really understand that

play01:32

without the resellers on their app there

play01:34

is no stockx regardless of like the

play01:37

customers they have there is no stockx

play01:39

and I think that the returns are so low

play01:41

for resellers on stockx and go that

play01:44

resellers are literally making nothing

play01:46

like literally nothing the people who

play01:48

made the most money in reselling before

play01:49

stockx and goat they were doing

play01:51

Consignment that's what they're doing

play01:53

what do I do if I have no local

play01:54

consignment shops so this is actually a

play01:57

big problem a lot of people have been

play01:58

telling me like they have no local

play01:59

consignment shops I would say if you

play02:02

have no local shops that do Consignment

play02:05

wait like three to four months so right

play02:07

now I'm working on getting every store

play02:10

into Consignment also in UK and Europe

play02:13

as well and like other countries what's

play02:15

a good amount of money to start holding

play02:17

shoes or start investing with I would

play02:20

say nothing lower than eight to ten

play02:22

thousand dollars because you wanna have

play02:23

like half investing half quick flips and

play02:26

so you really don't you you want to

play02:27

split you know investing maybe like 30

play02:30

of your money and like right now to be

play02:33

honest with you guys I have a lot of

play02:34

cash you know comparing it to shoes I

play02:38

probably have like 1700 pairs of shoes

play02:41

which is like over half a mil

play02:45

um

play02:46

in shoes but like I had close to 4 000

play02:49

pairs just like two months ago I had

play02:51

close to four thousand just like two

play02:53

months ago and so I think I had like

play02:54

over a mill in shoes but now it's like I

play02:57

have more cash than shoes because I'm

play02:59

getting ready to reinvest like crazy

play03:01

really soon will the new release Jordan

play03:03

4 messy room go up for resell I actually

play03:05

don't know typically what goes up in

play03:07

resell until they release so I have to

play03:09

see what Market looks like when they

play03:11

release do you think 2023 Jordan 4s will

play03:14

do numbers holding compared to the last

play03:15

two years I think that grade school like

play03:18

right here Jordan fours will do very

play03:22

well just pay like 150 to 200 in a five

play03:25

in a five and a half to size seven and

play03:27

they'll do great any tips on how to rack

play03:29

up money fairly quick without Bots and

play03:31

limited amount of money go on offer up

play03:33

go on Facebook go on eBay go to outlets

play03:36

and find shoes for cheap and then sell

play03:39

them for more honestly like I said like

play03:41

I'd say Consignment but if you want to

play03:43

make quick money and you have low

play03:44

Capital sell them on go to stockx and

play03:48

make your money or get a credit card go

play03:50

to the outlet if you have a car I'm

play03:51

gonna have a video where I made like 500

play03:53

in a day off an outlet you can do it

play03:55

pretty pretty easily so I would say that

play03:57

is a really quick way to rack up money

play03:59

uh if you're young because that's what I

play04:01

did also what I did when I was younger

play04:02

was like

play04:03

I would clean shoes up for like days and

play04:06

stuff and then resell them and make like

play04:09

30 40 bucks

play04:10

but again

play04:12

it's only worth it if you're new in

play04:13

reselling should I sell my Jordan one

play04:15

high Chicago lost and found I think that

play04:18

Peak will be at like 600 Max so I think

play04:22

that if you want Capital now I'd sell

play04:23

them at like that four 450 range and

play04:25

reinvest honestly that's what I would do

play04:27

but again I don't have any lost and

play04:30

founds because I think it's too high of

play04:32

a buy-in and not that high of a return

play04:34

looking at its peak if it Peaks at 600

play04:37

I'm making like 150 a pair if I'm paying

play04:40

like four 450. when I'd rather just buy

play04:42

a Jordan 4 for 200 and it goes up to

play04:45

350. like I did with the military blacks

play04:47

best way to form a solid relationship

play04:49

the best way to form a solid

play04:51

relationship is literally just give more

play04:53

in the beginning than you're given to

play04:56

pretty much just like give people more

play04:58

in a relationship leave money on the

play05:01

table in deals let them win like

play05:04

continuously like give them more than

play05:06

like you would receive yourself because

play05:07

it's a long game every single person

play05:09

that I do business with today I knew

play05:12

eight years ago every single person I

play05:14

can't name a single person that I didn't

play05:15

know I'd say six to eight years ago even

play05:17

on new projects right now I knew these

play05:20

people like eight years ago so

play05:21

definitely definitely definitely like

play05:23

leave money on the table for any

play05:25

beginning deals that you do with people

play05:27

always if you know you can do it long

play05:29

term

play05:30

do that and I promise you the

play05:32

relationship will take you further than

play05:33

you can imagine where should we sell

play05:35

faster and higher I think that faster

play05:38

obviously stockx and goat higher

play05:40

Consignment if you want the two together

play05:42

I would say honestly a bigger

play05:44

Consignment so Stadium Goods you'd get

play05:47

faster and higher but if you want really

play05:49

high but not that fast probably local

play05:51

Consignment it's typically a 50 to 100

play05:54

difference in return block canvas will

play05:56

continue to go up I think that they will

play05:58

I think that black canvas fours in men's

play06:00

will go up to like 450. I have a lot of

play06:03

grade school that are in my storage unit

play06:05

right now like hundreds of pairs I think

play06:07

those will probably hit like 350 but

play06:09

they're at 300 now so I'm making a

play06:11

hundred dollars a pair but I still think

play06:12

that like I might hold for a bit more

play06:14

but black canvas fours and men's they're

play06:16

going to 450. best place to Source

play06:18

locally I think building connections and

play06:20

like making sure that everything is in

play06:23

place with your local connections or

play06:26

Facebook Marketplace is probably best

play06:28

bed and then building connections with

play06:30

the people on Facebook Marketplace who

play06:32

have bulk or Instagram Instagram

play06:34

typically does really well best way to

play06:36

start making money with 10K in 2023 so

play06:38

I'm going to do a little plug for what

play06:41

our team does we actually scale people

play06:43

to 10 grand anywhere from 5 to 10K a

play06:45

month you do need to have eight thousand

play06:47

dollars in capital I'd say like the

play06:48

basic way to get to 10K is buying shoes

play06:52

in the beginning as singles if you're

play06:53

new building relationships with the

play06:55

people who sell you singles and then

play06:57

eventually buying bulk from them that's

play06:59

the most like logical like

play07:01

straightforward path to making 10K I

play07:03

don't think botting will get you there

play07:04

and I don't think that holds will also

play07:06

get you I think it's only quick flips

play07:08

only quick flips can do that for you do

play07:10

you do anything outside of reselling

play07:13

sneakers if you're talking like hobbies

play07:15

and stuff uh I'm into cars I'm into

play07:19

snowboarding the cameraman's doing

play07:21

something behind the camera but I don't

play07:23

think I want to show that what he's

play07:24

showing me what's your worst investment

play07:26

and how did you deal with it and move on

play07:27

I think my worst investment would

play07:29

probably be the panda dunk investment I

play07:31

bought sixty thousand dollars worth of

play07:33

panda dunks Market went down from like

play07:36

300 to like 200. luckily I consigned a

play07:40

majority if not all of them and got a

play07:42

return of I think it was like 320 to

play07:44

like 350. some of them were like 280 as

play07:47

well but I didn't lose any money but

play07:49

that shoe went down the most out of any

play07:51

shoe that I've ever had and that's like

play07:53

rare for shoes to go down in my personal

play07:55

opinion where do you find the most

play07:56

useful consignment shops most

play07:58

consignment shops to be quite honest

play08:00

with you could be a bit sus

play08:02

um just because they don't know how to

play08:03

manage your stuff and like they don't

play08:05

have the foundations down but I think

play08:07

that the best ones would be like ones

play08:09

that you can build a personal

play08:09

relationship with the owner because

play08:11

that's when you know like they're not

play08:13

going to screw you over and like they're

play08:14

not going to steal from you other than

play08:16

that just go with the big ones I'd say

play08:18

like Stadium Goods um I mean there's a

play08:20

lot that you could do but I think the

play08:22

most important thing is like just build

play08:23

some relationships with local ones and

play08:25

they will always sell your stuff for the

play08:27

High um best place to sell sneakers that

play08:29

don't move for high on concern I would

play08:30

say if you can build a clientele you

play08:32

could sell for the high locally and such

play08:35

but other than that I think that it's

play08:37

really simple like this thing is a

play08:39

really simple game and I think that most

play08:41

people typically complicate it around

play08:43

how much Capital should you have before

play08:46

you start consigning I think that you

play08:48

could have three hundred dollars if you

play08:50

have 300 buy a lightning four for 300

play08:53

and then sell It On consignment for 450.

play08:56

you put it on consignment for 450 it

play08:58

would sell at 450 store takes 20 percent

play09:00

you would get 360 and you make sixty

play09:03

dollars on a lightning four you do that

play09:05

10 times you make 600. so that's why I

play09:07

always say I pay resale and it makes

play09:09

more money every single time so yeah

play09:12

Will Jordan fours go back to how they

play09:14

were I remember back in 2019 cool gray

play09:16

and red fours I think that they probably

play09:19

won't go that low for another like six

play09:22

seven years it's so weird how I like

play09:23

make these predictions like six seven

play09:25

years but then like it actually happens

play09:27

but we're not gonna wait six I'm not

play09:28

waiting six seven years to make point

play09:30

but like point is I think in six seven

play09:32

years they're going to be not going for

play09:34

as much as they go for now how do you

play09:35

know whether to hold or not I think that

play09:38

I could go into like a

play09:39

12-hour video discussion for that but

play09:42

I'm just gonna say I do have a product

play09:44

out and it'd be pretty dumb for me not

play09:46

to say like I have a product on how to

play09:48

hold shoes so yeah I have I literally

play09:50

have a book that's essentially how you

play09:53

would learn how to hold shoes but I

play09:54

think that just educate yourself and

play09:56

watch all my videos from 2019 or 2018

play09:59

and that'll probably teach you a lot are

play10:01

the lobsters a good hold so looking at

play10:03

the lobster dunk right now I mean this

play10:05

shoe goes for 500 uh sales volume is

play10:08

decent 5 000 sales I think that in like

play10:11

four years this could be a thousand

play10:13

dollar shoe but right now I don't see

play10:15

any potential of people paying 500 for a

play10:18

shoe when you know they're scared of

play10:20

like a recession which I don't think a

play10:21

recession will affect sneaker reselling

play10:23

because I've noticed that a lot of shops

play10:25

are selling a lot of shoes and like

play10:27

people are still buying shoes regardless

play10:29

but personally like I wouldn't hold

play10:31

lobsters oh and the next question how

play10:33

are you adapting to the recession I

play10:36

don't really see any recession with like

play10:37

my business I think that shoes are still

play10:39

moving I sold close to 2 000 pairs a lot

play10:43

of pairs over like the last couple of

play10:45

months and so all them sold for the high

play10:48

I don't I don't see like what a

play10:51

recession could do to sneakers if you're

play10:53

really wary I would just say buy lower

play10:55

priced shoes like Jordan 4 grade school

play10:57

and like don't buy lobsters like that's

play10:59

a shoe you wouldn't want to buy in a

play11:01

recession how do you acquire Sellers

play11:03

from overseas where do you find them

play11:04

normally this one's actually pretty good

play11:06

A lot of people wouldn't talk about this

play11:07

but if you just go on Instagram you can

play11:09

find a lot of sellers overseas literally

play11:12

just Instagram just find them I can't

play11:14

say how exactly because it would just

play11:16

ruin what I have but just go on

play11:18

Instagram I'm sure you'll find stuff and

play11:20

funny people wouldn't even say Instagram

play11:21

they're just gonna say like oh like

play11:24

WeChat or something random but like yeah

play11:26

it's they're they're all on Instagram do

play11:28

you think I can turn my thousand to a

play11:30

hundred thousand before I'm done with

play11:31

high school if I'm a freshman right now

play11:34

I think yes if you work very hard you

play11:37

only have to make twenty five thousand

play11:39

dollars for each of those years I think

play11:42

that you can easily make a hundred

play11:43

thousand dollars with that thousand I

play11:45

would say buy a little bulk buy out for

play11:46

a thousand

play11:47

flip that to like 1500 take that 15 flip

play11:51

it to like two take that two flip it to

play11:53

like 28 and so forth just keep doing

play11:56

that and doing that and you'd make

play11:58

twenty five thousand dollars easily and

play12:00

the more money you have the more money

play12:01

you're gonna typically make do you have

play12:03

tips for people in the UK I know that UK

play12:05

has a lot of shops that will do

play12:07

Consignment uh it's just a matter of

play12:09

like if you can trust the shop also in

play12:12

the UK I know the market is higher in

play12:14

the US that's what I heard it's higher

play12:16

in the US than it is

play12:18

um so maybe buy from the US and take it

play12:20

to the UK if you can get cheap shipping

play12:22

rates and then make money that way what

play12:24

was your family's opinion now and then

play12:27

of how much money you're making out of

play12:29

reselling so I'm gonna bring my cousin

play12:31

behind the camera over here so this is

play12:34

my cousin and you can kind of tell them

play12:36

the dynamic of like how our family works

play12:38

when we for me at least for me at least

play12:41

you kind of know how it works

play12:43

so like any time I feel like I've like

play12:46

one-up myself or made more money in

play12:48

reselling what is the typical answer

play12:50

okay like so what yeah like typically

play12:53

it's just like which is good it is

play12:55

because I feel like it keeps it keeps me

play12:57

like keep keeps me humble it's like the

play12:59

whole airport ordeal you said yeah what

play13:02

was that recognizing up here maybe he's

play13:03

like watching this yeah some guy

play13:05

recognized him at the airport was like

play13:06

oh are you from my videos and like I've

play13:09

had a lot of people come up to me with

play13:11

you with me as well just like saying

play13:13

what's good and stuff I feel like the

play13:14

fact that my family was always just like

play13:17

it's not that big of a deal

play13:19

I guess it just wired in my brain that

play13:21

like it's really not like it's literally

play13:24

I'm a reseller like even when you told

play13:26

me like I didn't really care yeah

play13:27

they're they're a bigger there are

play13:29

bigger things in the world than being a

play13:30

sneaker reseller and I think that it's

play13:32

the smallest like of the smallest things

play13:35

you know what I mean yeah there's way

play13:37

bigger things than just being a reseller

play13:39

yes it's not that that cool it's not

play13:41

that crazy if I'm being honest I feel

play13:43

like stacking this much it's it's

play13:45

cool when you first do it after you do

play13:47

it a hundred times it's just like it's

play13:49

exhausting it's pretty tiring yeah but

play13:51

it's kind of fun sometimes too so yeah I

play13:53

mean to kind of conclude my family

play13:55

didn't really give two

play13:57

two shits to be honest with you which is

play13:59

good I think that it will really help

play14:02

you in the long term to understand that

play14:03

like this doesn't really matter I think

play14:05

what matters human connection and family

play14:07

really I mean I I think that as much

play14:10

money as you have it does not matter

play14:12

unless you have like a backbone of

play14:15

people that care about you if you didn't

play14:17

have this so I think that's the most

play14:19

important how do I start reselling I

play14:20

don't want to pay stockx fees but I

play14:22

don't want to get scammed so if you

play14:23

don't want to pay stockx fees just get a

play14:25

reselling permit swipe your taxes off uh

play14:28

and if you don't want to get scammed

play14:29

then buy from reputable reputable people

play14:32

be careful when you buy new stuff is

play14:34

there any app available to list all the

play14:36

inventory so I use Scout but I don't

play14:39

know if they're open right now to the

play14:40

public they might be soon but I think

play14:42

like stockx bottom so it's kind of hard

play14:44

to get in but scout scout AI app that's

play14:47

the app for inventory what was the

play14:49

hardest thing you had to face when

play14:51

starting and what is the hardest thing

play14:53

now that is an amazing question so I

play14:55

think the hardest thing when I started

play14:56

out is is getting a lot of capital and

play14:59

like propelling myself forward and like

play15:01

I've made every single method that I do

play15:03

right now are like methods that I have

play15:05

made myself they're not methods that I

play15:07

found on YouTube they're not methods

play15:09

that I got from anyone else and

play15:10

something I've never mentioned is that

play15:12

like there are so many people on YouTube

play15:14

not to like say I'm like a big shot or

play15:16

anything like that but there are so many

play15:18

people on YouTube who have taken my

play15:19

methods that I've made four years ago

play15:21

and just repurpose it just repurpose

play15:24

everything that I do just like try and

play15:26

teach people when it's like all of this

play15:28

stuff if you go back to my first book

play15:29

all the stuff I was talking about four

play15:31

years ago all of it was stuff I pretty

play15:33

much just like had to really make up and

play15:35

just trial and error with but I think

play15:36

the hardest part back then was just like

play15:38

building those methods that actually

play15:40

work I think the hardest part now is

play15:42

just like I know it sounds weird but I

play15:44

feel like knowing who to trust is

play15:46

probably the hardest part now because

play15:47

when you're starting as a reseller I

play15:50

mean you'll trust anyone to be honest

play15:53

with you because you need to get a start

play15:54

I mean I think that I don't do business

play15:56

with like 99 of people so probably that

play15:59

um that's like the hardest thing but

play16:00

overall like this is really nothing

play16:02

compared to like most most other things

play16:04

so I don't think it's that hard have you

play16:06

ever had nine to five so I had a job

play16:09

when I was 13 and I worked there for

play16:12

five dollars an hour and every single

play16:14

time I got off of work I I worked for

play16:17

four hours I took that twenty dollars

play16:18

and I spent it all on food I quit after

play16:20

a week because obviously they're not

play16:22

gonna make any money with twenty dollars

play16:24

every day and then spending it all on

play16:25

food it just won't work so I quit that

play16:28

job when I was 13 I never had another

play16:29

job after that again I've literally

play16:32

since 13 been reselling so it's been 10

play16:34

years is it easy to start I think it's

play16:36

really easy to start especially now with

play16:38

all the information online back then

play16:40

there used to be a thing where like you

play16:42

had to be in group Chats on like

play16:44

Facebook Messenger to know what to do um

play16:46

that was like you're kind of way into

play16:47

like connecting with people but now you

play16:50

can literally join any community and

play16:52

you're going to know how to start it

play16:53

just watch YouTube videos for free and

play16:55

back when I started YouTube I used to

play16:56

look up like sneaker resellers kind of

play16:58

like what what I was posting and there

play17:00

was no one on YouTube at that time which

play17:01

was like four or five years ago so I

play17:03

guess now it's pretty easy to start how

play17:06

much Capital you need to start joining

play17:07

discords that I that have the methods

play17:09

well I don't have a Discord but if you

play17:10

want to join our one-on-one you probably

play17:12

need like eight thousand dollars in

play17:13

capital have you ever got fake shoes if

play17:15

so what did you do I have got in a pair

play17:19

of fake shoes when I was 14 I got

play17:21

scammed for like 400 I was never able to

play17:24

sell those shoes I don't think I did so

play17:26

I just lost like 400. come to the UK

play17:29

honestly I might have to come to the UK

play17:31

because

play17:32

um I got I pretty much want to get every

play17:35

store into Consignment so I'm probably

play17:36

literally going to go to like every

play17:38

country I know most people from every

play17:41

big store Stadium Goods Flight Club un

play17:43

so I know how the foundation goes I know

play17:46

how stores can scale up to like I mean

play17:48

flight sold for 50 mil Stadium Goods got

play17:51

like 200. Urban's worth 30. like I've

play17:55

been doing it for almost 10 years so I

play17:56

know how most of this stuff works so

play17:59

um yeah I mean that's really like what

play18:01

I'm gonna probably do in the next like

play18:03

couple of years and just make resellers

play18:05

Rich again because literally I don't

play18:06

think you guys understand how breaded

play18:10

so many of my reseller friends were like

play18:12

five to six years ago seven years ago

play18:14

when we were all pushing consignment

play18:17

I don't think you guys understand if you

play18:18

guys were a reseller in 2014 15 16 17.

play18:22

maybe even 18. it's so hard to explain

play18:25

to you guys but like Consignment goat

play18:27

and stockx ruined everything when I tell

play18:29

you they ruined everything for resellers

play18:31

resellers are making a minimum of a

play18:34

hundred thousand dollars a year minimum

play18:36

I don't know a single reseller friend

play18:39

I knew plenty I had a 15 year old friend

play18:41

who was making I think he made like

play18:42

eight hundred thousand dollars within

play18:44

the span of like three years or

play18:46

something like that so I'm telling you

play18:48

guys the golden years were 2014 15 16 17

play18:51

and I'm gonna bring that back honestly

play18:53

like I am not a fan of this whole stockx

play18:55

goat thing and like resellers not making

play18:57

that much money so yeah it's gonna come

play19:00

back and every all these resellers we're

play19:03

all gonna make a huge comeback have you

play19:05

ever considered opening your own store I

play19:07

actually thought about opening up a

play19:08

chain of like 10 consignment stores

play19:11

because I think that if you want to exit

play19:14

out of a shoe business or a shoe store

play19:16

you need to do Consignment there's

play19:18

really no value in just having like a

play19:20

shoe store where you buy because then

play19:23

like if someone buys it then they're

play19:24

like oh wait well now we have to buy all

play19:26

the inventory whereas the value comes

play19:28

and having hundreds and hundreds of

play19:29

consigners that'll bring you the product

play19:31

and you make a 20 margin on that day in

play19:34

and day out so I think that's really the

play19:37

value of uh opening a store and if I do

play19:39

that's what I'm gonna do that's exactly

play19:40

what I'm gonna do open up a chain of

play19:42

consignment stores

play19:44

um who's that crackhead Nathan they're

play19:46

talking about you

play19:48

come show yourself

play19:51

this is uh this is the crackhead in the

play19:54

in the photo

play19:55

all right that's it

play19:58

um how long does it usually take for you

play20:00

to get money from Consignment typically

play20:02

anywhere from I'd say like a week to two

play20:04

weeks some of them will do it like

play20:06

instantly but it's quite rare if you had

play20:09

to sell all your inventory right now how

play20:11

would you invest that money

play20:12

I would buy 500 to a thousand pairs of

play20:16

grade school Jordan fours like every

play20:18

release primarily invest into grade

play20:20

school Jordan fours and make 50 to 100

play20:23

return on investments your sneaker

play20:26

rotation if you currently have an

play20:28

all-time one Nathan bring the mags so

play20:31

a shoe I wear every day are these Nike

play20:35

mags I wear these to the gym I wear

play20:37

these everywhere no I'm just kidding I

play20:39

don't wear these at the gym I don't

play20:40

actually wear these at all my daily

play20:42

rotation is literally these shoes right

play20:44

here and then a pair of Air Forces

play20:46

Valentine Day Air Forces yeah these

play20:49

Valentine's Day Air Forces these are the

play20:52

ones I wear they're so beat but yeah

play20:54

thank you for thank you for showing them

play20:56

Nathan what's your favorite video you

play20:58

made oh my God that's a good question I

play21:00

think probably my outlet video or like

play21:02

my Pine green Jordan one video or

play21:05

selling Rocky 200 000 worth of shoes

play21:07

it's one of those videos it's like one

play21:09

of my big videos who do you do the most

play21:11

business with I'd say rocky probably

play21:13

is your YouTube Revenue still really bad

play21:16

I probably made like four thousand

play21:18

dollars in the last like two years off

play21:20

YouTube so yeah I I I barely even post

play21:23

on YouTube Instagram is mainly where I

play21:25

stay if you had to restart your

play21:27

reselling Journey what would you do to

play21:29

maximize your profits I would say

play21:31

maximize relationships and then I would

play21:34

say probably just start with Consignment

play21:37

and then maybe some holds I wouldn't do

play21:39

any other method Consignment and holds

play21:41

if you're given five thousand to start

play21:42

up your business what would you do with

play21:44

it if I was given five thousand dollars

play21:46

I would go and buy probably close to 20

play21:50

pairs of shoes and then I would flip

play21:55

that five thousand probably like 6 500

play21:57

take that 65 flip it to like 75 and then

play22:01

to 10. I wouldn't look for more than 30

play22:04

margins with five thousand dollars in

play22:06

capital so three most important lessons

play22:09

you could tell your younger self so I

play22:12

got really lucky and I got blessed with

play22:16

the best dad in the world shout out to

play22:19

my dad number one

play22:21

um he really taught me like every lesson

play22:24

that I know today like there's really

play22:26

nothing that I would be like oh like

play22:28

tell my younger self I would probably

play22:30

just say like listen to my dad dad

play22:32

literally be like keep listening to my

play22:34

dad because the thing about my dad is

play22:36

like he never gave me like loads of

play22:39

money to like start my business or like

play22:41

do what I'm gonna do the number one

play22:42

thing he gave me was just like I guess

play22:45

who I am today like letting me know when

play22:47

I'm wrong and doing it in a way where in

play22:50

a normal way I feel like a lot of people

play22:52

I guess a lot of dads are I don't know

play22:55

like he always just wanted the best for

play22:56

me it's really weird to say but like

play22:58

he's really been like the only person

play23:00

who's like I feel like believed in me

play23:02

from day one and I cannot say the same

play23:06

about anyone else in my family I mean

play23:07

Nathan also believed in me yeah Nathan

play23:10

didn't believe in me either but now he

play23:11

did I think to some degree like after a

play23:14

while most people did but like my dad

play23:16

was really the only one who believed in

play23:17

me when I had literally nothing like I

play23:19

had I had no Foundation I had like no

play23:22

shoes he would drive me like three hours

play23:24

to do big buyouts when I had no car he'd

play23:27

help me with a lot and so I think that

play23:29

he's really like what a lot of my

play23:31

thinking and like the way I look at

play23:33

things in life being grounded and

play23:34

everything comes from so I think that

play23:36

he's the number one person I'd say like

play23:38

my younger self just keep listening to

play23:40

my dad and also be more humble because

play23:43

when I was younger I don't think I was

play23:44

that humble but now I think that I'm

play23:46

pretty pretty mellowed down with a lot

play23:48

of this stuff best versus worst choices

play23:50

you've made and the valuable Lessons

play23:52

Learned From such Stories the worst

play23:54

decision I ever made was taking too much

play23:57

money off the table in a relationship

play24:00

because I wanted to gain money short

play24:03

term and in the long term it damaged me

play24:05

and I could have made far more money one

play24:07

story I'll tell you is there's a guy a

play24:09

lot of people know him on Facebook I'm

play24:11

not going to say his name but if you

play24:12

know you probably know him he gets

play24:14

thousands and thousands and thousands of

play24:16

shoes and I remember this was five years

play24:18

ago he had like a thousand black cement

play24:21

threes that he could have got me from

play24:22

overseas for like 180 a pop or like 200

play24:25

a pop and I told him I didn't have money

play24:28

but I'd have it in like a week or two I

play24:30

was like 17 or 18 or 18 I think and I

play24:33

was like I'll buy 100 pairs he was like

play24:35

okay I'm gonna front the money for you

play24:36

and then order it and then you just pay

play24:38

me when it gets here or something

play24:41

he did that the shoes came and I was

play24:45

scared to put my money into it I I was

play24:48

simply just scared like I have never

play24:49

spent that much money it was like 20

play24:50

something thousand I was scared and I

play24:52

told him like I I'm so sorry but like I

play24:55

can't do this anymore he already fronted

play24:57

the money and if you know who this guy

play24:59

is today he is pretty low-key but he's

play25:02

like the biggest if not the biggest like

play25:04

reseller right now in terms of just like

play25:05

volume and everything and so I ruined

play25:07

that relationship with them and the

play25:09

funny thing is I knew him since I was

play25:10

like 14. so it would have been the

play25:12

probably the I would have known him now

play25:14

for like nine years ten years probably

play25:15

would have been the best relationship

play25:16

I've had and I probably would have been

play25:18

getting a load of more volume now

play25:21

because now he gets like 10 000 pairs if

play25:23

not more for deals like these black

play25:26

canvas fours I heard from a friend that

play25:28

he was selling them for like 230 or

play25:31

something like 240. I had to pay 260. so

play25:33

like and he was getting him in thousands

play25:35

and thousands of pairs so

play25:37

that just kind of goes to show that like

play25:39

I played myself I was young and I played

play25:41

myself do you have fun moving the boxes

play25:43

bro uh well not necessarily but I'm

play25:48

doing this video for you guys so I have

play25:50

fun when you guys enjoy my videos so I'm

play25:52

gonna say not moving the boxes but I

play25:54

have fun when uh you guys enjoy the

play25:56

videos and making videos do you do this

play25:58

full-time versus and how do you maintain

play26:00

all the struggles on the market I do

play26:02

this full-time and how do I maintain it

play26:04

I don't try and maintain it

play26:06

um I simply just go about what I do on

play26:08

the daily I have a team of like five to

play26:10

eight people I think I don't know

play26:12

exactly but they're all kind of like

play26:13

managed under other people um and they

play26:15

definitely helped me a lot so I think

play26:17

that just like having great great great

play26:19

people on my team will help you long

play26:21

term I've had some some snake ass people

play26:24

on my team a while back so I guess like

play26:27

now I'm just super blessed to have a

play26:29

solid like five to eight people who are

play26:32

who are just amazing your experience

play26:34

with sneaker dunk it's pretty simple I

play26:35

mean I could just buy pairs off there

play26:37

there comes in like a week and a half

play26:38

and then I give it to Consignment and I

play26:40

make 50 plus dollars per pair primarily

play26:43

on Jordans though where do you sell your

play26:44

big Investments 100 pairs plus honestly

play26:47

I used to sell a lot to cool kicks uh

play26:49

sold a lot to Rocky I sell a lot on big

play26:52

consignment shops but I think like cool

play26:54

cake slowki used to pay me like overpay

play26:56

me like back then now they don't do it

play26:58

so much but um I'd say like Consignment

play27:01

more so 100 plus pairs how do you

play27:03

lowball on a shoe so if a shoe cost like

play27:07

200 and you could make 250 on it but you

play27:11

still want a low ball just offer 150 the

play27:13

guy's probably gonna say no but he's

play27:15

also probably not going to sell it so

play27:17

then come back two weeks later and say

play27:19

150 if he says no just wait one more

play27:22

week and then he'll say yes this has

play27:24

worked every single time I've ever done

play27:26

it back then and it does work today

play27:28

because I've told my friends to do it as

play27:29

well so that's how you lowball

play27:32

um

play27:33

are you Ebro Ebro best resellers in the

play27:36

world I have no idea what that means but

play27:40

I'm gonna look into that I want to meet

play27:41

some of the best resellers in the world

play27:43

the ebreu

play27:44

resized

play27:47

um

play27:48

how much time did it take you to build

play27:50

the capital you have now how much did

play27:51

you start with I think I started with

play27:53

like 30 it was like 30 or 60 60 when I

play27:57

was uh 11 or something like pretty young

play28:00

and 10 years later yeah I mean I built

play28:03

it up 10 years later so it took a decade

play28:05

but I think I started with like 60 or

play28:07

something something really small um and

play28:09

that's also the thing about reselling is

play28:11

start early because like look where it

play28:12

took me and so like if you're young

play28:14

right now just start now even if you're

play28:15

20 start now how do you acquire so many

play28:18

pairs you got to have Capital number one

play28:20

and you gotta have sellers number two

play28:22

mix the two together you can buy a lot

play28:25

of pairs it's really not rocket science

play28:27

I feel like people think it's like this

play28:29

huge like submath equation of like how

play28:31

to buy bulk you just buy pairs if you

play28:33

have money you don't have a lot of money

play28:35

buy less Pairs and build yourself up do

play28:37

you use a spreadsheet to keep your

play28:39

inventory I do use a spreadsheet no I

play28:41

don't use a spreadsheet I use an app

play28:44

called Scout but I don't think they're

play28:46

public right now to like everyone what's

play28:49

your biggest hit uh I mean I've had

play28:51

Investments that have made me like

play28:52

thirty five forty thousand dollars

play28:54

probably in the black canvases but I

play28:56

don't know the exact math on that talk

play28:58

about how you scaled your business from

play28:59

the ground up in your daily routine you

play29:01

don't really need a daily routine for

play29:03

reselling I think back then I used to

play29:06

wake up pretty late and go to bed pretty

play29:07

late but I think now now that I'm

play29:09

juggling more things I have to wake up

play29:11

pretty early closer to like seven and

play29:13

then I just work all day because there's

play29:15

like more like more things I need to

play29:17

manage taxes inventory people that work

play29:21

for me work with me

play29:22

communication YouTube Instagram pretty

play29:26

much the whole thing is like oh it takes

play29:28

a lot so I'd say my daily routine is

play29:30

just like wake up work and then go to

play29:32

the I don't know go go get some food or

play29:34

something and go back to bed do you want

play29:36

to go in front of the camera and just

play29:38

show what you did come come show what

play29:39

you did come show what you did just do

play29:42

it come on come on come on show them

play29:44

show them show them what you just did

play29:46

for my daily routine show them come on

play29:49

show them they want to see they want to

play29:51

see come on

play29:52

show them what I do come on what do I do

play29:54

after I get food

play29:56

exactly that's what I thought he's doing

play29:58

stuff behind the camera that like if you

play30:01

guys saw he'd get canceled you'd get

play30:03

canceled what are you developing

play30:06

man if you guys knew what's what's going

play30:09

on but I'll probably tell you guys in

play30:12

like a month once it's done everyone

play30:14

will know and all resellers will get

play30:17

will get really rich and we're all going

play30:18

to cancel stockx and go and uh it's

play30:21

gonna go back to the golden days of 2014

play30:23

to 2017 and uh you guys will see what I

play30:25

mean all resellers will start making

play30:27

hundreds of thousands of dollars how

play30:30

much do you make a year after taxes I

play30:32

think it's like pretty high six figures

play30:34

I don't actually know I just have the

play30:36

tax guy do it for me I don't really look

play30:39

into that kind of stuff because it just

play30:40

takes forever to actually do but

play30:43

somewhere there I believe but I can do

play30:45

the math if you guys want like a

play30:47

breakdown of my of my net worth is

play30:49

buying shoes off eBay a good idea I

play30:52

think that it's a good idea if you know

play30:54

to Source there are certain skus that

play30:55

you can Source on eBay and then flip for

play30:58

like 100 margins sometimes 150 margins

play31:01

but

play31:02

you just have to know what to source and

play31:04

typically that's older Jordans older

play31:06

than 2018 just because Market has

play31:07

settled actually older than 2020 just

play31:09

because Market is settled and it's not

play31:11

going to be volatile and stuff and you

play31:12

can make pretty high margins off of

play31:14

stuff like that how can I meet up and

play31:16

buy shoes so my parents won't take me

play31:18

and won't let me go by myself this is

play31:20

actually a huge problem I had when I was

play31:22

like 13 14 15. I would literally just

play31:26

get a bike and just bike to the Meetup

play31:29

or take a bus like that's what I would

play31:30

do I would just like go and bike to the

play31:32

Meetup don't tell them obviously don't

play31:34

meet up with sketchy people but like I

play31:36

would bike and bus for like an hour

play31:39

round trip if not more just to do a

play31:41

meet-up I think one time I bike three

play31:43

hours round trip just to do a meet up

play31:45

and I made like 50 bucks but I was

play31:46

really young so for me it was worth it

play31:48

uh but

play31:50

if you really want it you're going to do

play31:51

it like you're not going to be I feel

play31:53

like asking me if you really want to do

play31:55

uh this whole reselling thing books you

play31:58

recommend obviously out of the hold yeah

play32:00

are the hold it's a great book other

play32:02

books you can read power the

play32:04

subconscious mind any biography I've

play32:06

read the Phil Knight biography of Nike

play32:09

Walmart guy Elon Musk biography elon's a

play32:13

g like actually Matthew McConaughey uh

play32:16

biography any biography literally just

play32:18

read it because it'll just like show you

play32:20

what to do in situations that most

play32:22

people get into and how they went

play32:23

through certain situations so

play32:25

literally just read biographies that's

play32:27

all I would recommend you're a g

play32:30

thank you for uh thank you thank you for

play32:33

the kind words where do you see yourself

play32:35

in one year

play32:36

um I see myself playing a huge role in

play32:40

making resellers very rich I think that

play32:43

literally every video I have is a way

play32:46

for resellers to make money I think that

play32:48

in one year I I think I I will at least

play32:51

make a hundred people probably more than

play32:53

100 I think I'd at least make like a

play32:55

thousand people a hundred thousand

play32:57

dollars a year in like reselling and

play32:59

then I think I'd 100 make like a decent

play33:02

amount of resellers millionaires because

play33:04

like now that I'm there like I know how

play33:06

to do it you know what I mean and I

play33:07

think if I can just like make the

play33:08

information

play33:10

so everyone has that information the

play33:12

ones who take advantage of it will get

play33:15

there and it's like I'm just gonna tell

play33:16

people the ones who do it do it the ones

play33:18

who don't don't so I guess it'd really

play33:20

just be up to the person

play33:22

um do you think the sneaker Market will

play33:23

stay stable for the next couple of years

play33:24

or will it die I think that the sneaker

play33:26

Market is going to be stable for a while

play33:28

to be honest with you

play33:30

so I wouldn't worry if I were you what

play33:32

if Consignment isn't selling you could

play33:33

just withdraw your shoes and then sell

play33:35

them locally or sell them elsewhere or

play33:37

lower your price undercut do you help

play33:39

people from Europe to resell I think

play33:42

soon I mean I'm probably gonna have

play33:44

really good methods for people in Europe

play33:46

goals for 2023

play33:49

I feel like when I say my goals they

play33:51

don't happen so I'm just going to keep

play33:52

them to myself but I'll say that

play33:54

obviously the general goals would be

play33:56

like have at least like five

play33:59

50 to 100 return on investment holds

play34:03

with like a minimum buying of like

play34:05

minimum quantity of like I don't know

play34:07

like 100 to like 500 that would be

play34:09

pretty sick because now I have a lot of

play34:11

capital to uh buy a lot of pairs top

play34:13

five Investments to make shoes cars real

play34:15

estate I think that obviously real

play34:17

estate's pretty good but I also think

play34:19

that shoes are very very good as well if

play34:21

you know what you're doing what is your

play34:23

current business structure for tax

play34:24

purposes so the way my accountant has it

play34:27

set up is he has like an S corp for me

play34:28

and like I pay myself every single month

play34:30

to the S Corp and then he does something

play34:33

with that I guess I pay less taxes and

play34:35

it's pretty basic with sneakers it's

play34:37

just like if I buy a bunch of shoes

play34:40

throughout the year let's say I buy I

play34:42

don't know a million dollars in shoes

play34:43

for 2022 I profit a certain amount on

play34:47

that the stuff I profit on I pay taxes

play34:50

on and then the inventory that I still

play34:52

have left over I would follow it over to

play34:55

the next year so I would basically still

play34:56

pay less taxes if I haven't sold all my

play34:59

inventory story in the year of 2022

play35:01

that's kind of how my accountant does it

play35:03

but to be honest with you guys like I

play35:05

would probably need to ask him what to

play35:07

do with grade school Chicago's I would

play35:09

say if you can get them at like 180 to

play35:11

200 probably hold him but I think there

play35:13

are 200 when they first dropped that's

play35:15

all I would do with Grade School uh

play35:17

Chicago lost and founds shoe that you

play35:20

regret not to buy so I actually had the

play35:22

chance to buy I think it was like over

play35:25

100 pairs of Travis Scott fours but I

play35:27

only bought

play35:28

55. I think if I bought over 100 that

play35:32

would have been a lot cooler it is what

play35:33

it is I think that everything happens

play35:35

for a reason a lot of these questions

play35:38

seem the same but I think overall if you

play35:41

want to grow as a reseller and if you

play35:43

want to grow as a person I guess that's

play35:45

like the main point of this q a

play35:47

is number one obviously if you're young

play35:50

if you're like 17 16 15 18 even even 19.

play35:54

you're not gonna know everything and

play35:56

it's okay to just know that you won't

play35:58

know everything I personally didn't have

play36:00

if I could go back to being 14 15 16 17

play36:04

even 18 and I think that what I learned

play36:06

from those times are just like just

play36:08

trust the process of what you're doing

play36:09

and believe in yourself number One never

play36:11

like honestly like I hope I like I would

play36:14

never want to go back to those years

play36:15

because to be quite honest with you as I

play36:17

got older a lot of stuff just started to

play36:19

make sense for me and click and I think

play36:21

that if you're a reseller wanting to

play36:24

grow be patient it's it's a long game

play36:26

it's not going to be short and if you

play36:27

really want to do it always leave stuff

play36:29

on the table for other people the more

play36:31

you give the more you get and I think

play36:33

that too many people are like I need to

play36:36

get everything first if you can give

play36:37

before you get you will make far more

play36:40

than you could have imagined and then

play36:41

another thing is that like at the very

play36:43

end of the day every single physical

play36:45

item we have or see it's it was all made

play36:49

up by a human before and so who's to say

play36:51

that you can't do what you want to do if

play36:53

everything else is made up if you really

play36:55

look at it in like a perspective like

play36:57

that then the sky is really the limit

play36:59

and that's really how I've been looking

play37:01

at stuff for the last couple of years

play37:02

was just like everything that we see in

play37:04

the physical world was once not there

play37:08

and now it's here because someone

play37:10

decided to

play37:13

do it simple as that so if millions of

play37:17

people have been able to do what we have

play37:19

today and create something who's to say

play37:21

that you can't do it who's to say like

play37:23

there's no one to say that if millions

play37:25

of people they're no different than

play37:26

either of us no one's different

play37:28

some of us may have you know better

play37:31

strengths or weaknesses and that's where

play37:33

you can work with people together and so

play37:35

never think for a second that you can't

play37:37

do something because you can really do

play37:40

whatever you want So yeah thank you for

play37:42

watching today's video If you guys

play37:44

enjoyed this video please give it a big

play37:45

thumbs up we literally have to take this

play37:48

and like get rid of it let's get this

play37:49

video to how many likes Nathan 150

play37:54

000 likes let's get this video to 150

play37:56

000 likes if you enjoyed this video

play37:59

again 150 000 likes like Nathan said if

play38:01

you don't get it to 150 000

play38:04

Nathan's gonna cry he said he said he's

play38:06

gonna cry and you guys I you don't want

play38:08

to see him ugly cry I've seen him ugly

play38:10

cry no one wants to see that so yeah

play38:12

thanks for watching and uh uh now follow

play38:16

me at Sneaker invest it's like five and

play38:17

I'm still drinking coffee but anyways

play38:19

yeah thanks for watching and I'll see

play38:22

you guys for the next video

Rate This

5.0 / 5 (0 votes)

Related Tags
スニーカー投資リセリング収益アップ市場分析投資戦略リスク管理ビジネスビルディング成功者インタビュートレンド予測初心者ガイド
Do you need a summary in English?