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An Unusual Way to Get Rich – Create a Flea Market Small-Business Empire With Wholesale Products
FACT: Many people make $1,000 a day (that’s $104,000 a year) just selling at flea markets and gatherings on the weekends. (I actually did more than that a few days.) Most people think we’re just a bunch of poor people trying to make an extra dollar, and that’s what we want them to think.
What do we know that you don’t? What are our secrets? Can you do it?
Yes. Anyone can sell on the stock market and get rich…and I’m here to tell you exactly how.
Becoming a flea market vendor is easy and affordable. Your expenses will include the cost of renting your merchandise and your space. Daily rent for outdoor space can be as low as $5-10 per day. Many people start by selling used items and move on to selling new items purchased from wholesalers. New items sell for twice as much as used items and have a higher profit margin.
Most people already have a table or two that they can bring with them. I literally started my own flea market and turned my business around with just $200 and some card stock I borrowed. I am now earning thousands of dollars every month. (Of course, the more money you have for your marketing, the faster your new business will grow.)
The key is to let your new business grow. Don’t kill it by taking out all the profits! I recommend that you have a job or other source of income to cover living expenses for at least the first six months after starting your new business.
There is an old saying in this business: ‘The more you have, the more you will sell.’ Trust me, it’s true! Take it to heart and put all your profits into buying more merchandise, so you’ll sell even more next weekend.
Who do you think most buyers will go to, the guy sitting there with four items on a single card table or the three places in front of him loaded with literally a million different items? If you think you have enough trading, you don’t.
If you use your profits to build your business and buy more merchandise every week, it won’t take more than a few months for your sales to skyrocket and you can start picking up some profits for yourself without killing it.
If you live in a northern climate that is cold in the winter or a southern climate that is hot and humid in the summer, you may want to consider renting a space inside a market building. Yes, your rent will go up a bit, but you’ll benefit from heat and air conditioning (convenient buyers spend more money), as well as a safe place for your desks and furniture during the week when the market is closed. .
When your first small business is doing well, use the profits from it to open a second small business in the same market. Expanding is as easy as renting another space and hiring someone to run it for you. Again, your only expenses will be the rent and space and anything else you can help yourself to. (Be good to them and they will be good to you.) As with your first business, put the profits back into your second business and let it build.
Profits from two small businesses will allow you to easily open a third small business. Do the same as you did before and let your third party business grow. Cash back into it by buying more merchandise.
Then open a fourth, fifth, sixth small business in the same market. It is not only possible but almost guaranteed that if you do this you will create your own small business empire in less than a year and have an income of over $100,000 after annual expenses.
If you just put the profit into your first new business, it will grow without any extra money out of your pocket. Earnings will allow you to unlock the second, third and so on. You don’t need a small business loan to get started.
Plus, you’re not limited to just one flea market or swap meet. There may be other markets within 20 or 30 miles of you, where you can do the same thing and increase your earnings.
If you follow this simple yet effective formula, it won’t be long before you stop selling at flea markets yourself and just become a manager, overseeing your small business empire and stepping in to fire your employees.
When you are making a good income, look for other ways to invest your money to make even more profit, such as opening your own retail store and selling merchandise to market vendors and make more.
Flea markets and swap meets are a great place where the average person can start their own small business and become rich by creating a small business empire.
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