Unconventional Entrepreneur

Shannon Jean

I swear this is true.

$1,812,984 worth of industrial supplies just sold for $13,050

All new product.

I quickly researched one line item and found the best price to be around $15K.

But lets separate the facts from fiction on this deal.

Is it really worth $1.8M?

Hell no.

Since you have learned from me that the Retail Price is a Lie, lets agree that the retail price is 50% of what the supplier says.

$906,492

But lets be even more cynical and cut that in half again for 25% of the store price:

$453,246

You invested $13K to buy this deal. Your freight, storage, and holding costs will add another $ 5K- $ 10K.

$23K.

I looked up the most expensive item on the manifest, and the best price I could find is around $10K. Home Depot had them for $12K and change.

Then you jump to the 2^nd most expensive item on the list, which sells for around $8K. There are 3 of them.

Selling four products brings in $34K.

You are $11K in the black.

And you still own everything else. 3,163 items.

Now you see why I love these deals so much.

Is this a lot of work? Oh, hell, yes, it is.

Are there lots of problems to solve? You betcha.

Will it be challenging selling those four big water valves? Yep!

Should you buy a deal like this if you are just getting started with auctions? NO.

This type of deal is for a more experienced reseller. That could be you after some time.

But I hope you can see the potential of deals like these that happen daily.

SPONSOR THE DIFFERENT WEEKLY by JUSTIN WISE Helping entrepreneurs and experts unlock their expertise so they can get paid for what they know, not just what they do. One simple insight delivered straight to your inbox every Saturday. Actionable strategies to turn your knowledge into revenue Proven systems to attract high-value clients Business growth without overcomplication Justin Wise is a marketing genius. ~ Mike Michalowicz

The best place to start learning about liquidation auctions is in our $5 Mastermind. Join 140 students who are learning where to buy and how to sell products like this.

When you join the $5MM, you also qualify for a call so I can learn more about how I can help you achieve more.

I had a great call with Mike McCabe last week!

Enjoy your week, and cheers to your success!

~ Shannon

How I can help you today Join the $5 Mastermind Grab a Free Guide! Subscribers always get exclusive coupons to access my guides. The Costco Liquidation Auction Guide. The Xccelerator Guide for growing on the platform. Take my Poshmark Unlocked course to start selling today. Book a call! Need help or want to explore a business opportunity? Follow me on X for daily inspiration and strategies to live an uncommon life.

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