#1774 - Consignment Sale Secrets: Ask to Sell Your Grandma’s Stuff
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 9 November 2021
⏱️ ? minutes
🧾️ Download transcript
Summary
In need of extra money, an enterprising grad student starts selling his unused items online. He then branches out into consignment sales, with a twist: most of his inventory comes from friends and family.
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Transcript
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| 0:35.0 | We have had a lot of stories over the years of people selling on eBay or Facebook Marketplace |
| 0:39.9 | or similar networks. I kind of have a soft spot for them because, you know, that's how I got my |
| 0:44.4 | start more than 20 years ago. We have also had a few stories of consignment sellers who acquire |
| 0:49.8 | items for sale from other people. And then they manage the selling process and divide the proceeds |
| 0:54.2 | somehow. So this story fits into that second category. Consignment sales, but with a bit of a |
| 0:59.8 | unique twist. Consignment sales secrets, we're going to call it, ask to sell your grandma's stuff. |
| 1:05.4 | That's because the seller here utilizes his existing relationships, especially with friends and |
| 1:09.6 | family, to source his inventory. I noticed some people out there who are interested in getting into |
| 1:13.7 | this, who are just trying to find their way to their first side hustle. This is something very simple. |
| 1:17.7 | Everyone can do. And if you have the inventory problem, which is, okay, well, what exactly do I sell? |
| 1:24.0 | Well, this might be your answer. Okay, so consignment sales secrets, ask to sell your grandma's |
| 1:28.4 | stuff. That's the episode coming up after this brief shout out to our sponsor. |
| 1:33.9 | This episode is brought to you by Slack. With Slack, you can bring all your people and tools |
| 1:39.2 | together in one place. It's your digital HQ where you can increase productivity, enable flexibility |
... |
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