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Truck N' Hustle

#115 - How To Make 5 To 6 Figures Flipping Pallets - Ashley Johnson | #1 The Trucking Podcast

Truck N' Hustle

Rahmel Wattley

Investing, Entrepreneurship, Business

5661 Ratings

🗓️ 26 October 2021

⏱️ 55 minutes

🧾️ Download transcript

Summary

#trucknhustle #trucknhustlepodcast Join us this fall at Freight Fest, Trucking Conference Of The Year brought to you by Truck N’ Hustle November 4th-6th Houston TX! Special Offer https://freightfest.com Special thanks to our sponsors for collaborating with us for the FreightFest 2022. You check our Sponsors on the link below, https://linktr.ee/trucknhustlepodcast Ashley Johnson is a mother, full time entrepreneur and the Queen of “Flipping Pallets.” The concept is quite simple. Purchase pallets of products wholesale by piece or truckload from liqudation warehouses and other distribution centers. Then, re package the products and sell them individually or in full for profit. Ashley has developed her own system for doing this which includes, how to source and find the best pallets, how to identify which pallets to purchase and which ones to pass on and most importantly how to position these products for re sale to make the most margin in the shortest amount of time. This can be a great 5 to 6 figure “side hustle” or even turn into a full time business, depending on your goals. With e-commerce booming more than ever, there are tons of products that fall into the category of returned, re shelved, damages, etc. Whereas these products may no longer have the same retail value to the original big box distributor, there is a huge second hand market of people looking for deals and rare finds. Make sure you tune in Tuesday at 3am EST to learn more about “Flipping Pallets” and Ashleys journey into full time entrepreneurship. Here is our affiliate link also Learn more about flipping pallets here: https://gumroad.com/a/506172531

Transcript

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0:00.0

What's up y'all? This is Ramel Watley and welcome to Truck and Hustle, the podcast for trucking entrepreneurs.

0:07.0

If you want to learn about the trucking industry from the business side of things, you're in the right place.

0:12.0

Every week, I interview the people who are making it happen on a daily basis.

0:16.0

I get them to share their successes, their failures, and sometimes even their secrets.

0:21.6

The goal is to show you how you two can create financial freedom in the booming trucking

0:25.9

industry.

0:26.6

So sit back, relax, and enjoy the show.

0:30.1

So we was living in her back room.

0:32.9

At the time, I was doing Shopify websites for my brother.

0:36.0

I was doing DoorDash.

0:37.1

I was doing anything. I started flipping pallets was doing DoorDash. I was doing anything.

0:38.3

I started flipping pallets and stuff to stay above the waters. Like, I was broke. We don't want to put

0:42.9

the items back on the shelf. We want to set, like, we got to get rid of this stuff because we have

0:46.5

new stuff coming in every single day. So instead of putting it back on shelf, we can just sell it. Buy the palettes, buy the truckload, buy whatever. So you get a truckload, bring it to your house, your warehouse, wherever,

0:57.8

and then you start selling by the palette. You become, you're not the middleman anymore.

1:01.8

And it's like when you get a taste of freedom of you having a business but not having to work

1:06.8

in your business, that's true freedom. You know what I mean? People have good jobs making

1:11.0

six, seven figures, but they're tied to a desk. They're tied to, you know, their time is

1:15.7

tied up. Turn my mic up. Take there. Yeah, yeah. On the road to the riches, life takes a toe

1:26.8

like bridges. Good friends will come foes and snitches.

1:30.4

Better watch you nose in your biz, biz, biz, biz, business.

1:34.4

All right, Hustle fam, we are back with another amazing episode.

...

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