#2511 - TBT: The Midwest Car Parts Mogul
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 16 November 2023
⏱️ 6 minutes
🧾️ Download transcript
Summary
In this week’s “Throwback Thursday / Where are they now?” segment, we hear from a car parts reseller in Missouri who’s been growing his side hustle all the way to six-figures. What can we learn from his story?
Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:16.1 | Hey Sidesolzcoleco listeners, let's talk about the Midwest Car Parts Mogul. Welcome to the podcast. |
| 0:17.6 | My name's Chris Gallipo. |
| 0:18.6 | This is Throwback Thursday, a weekly segment, where we take a look at someone whose story has evolved since we first featured them. |
| 0:24.7 | And today specifically we're going to hear from a car parts reseller in Missouri. He's been growing his |
| 0:29.7 | side hustle all the way to six figures. Last week it was a Las Vegas local. She helps |
| 0:35.3 | tourists save on their visits to the city. Profitable business for her |
| 0:39.0 | bringing up to $5,000 a month part-time. But of course today from Las Vegas to Missouri, what can we learn from Tom's story? |
| 0:48.6 | So let's just hand it over to him, let him tell the story. Tom, what do you got for us? |
| 0:54.2 | How's life in Missouri? |
| 0:55.8 | Tell us about your car parts reselling side hustle. Hey there folks, Tom from Missouri, smack in the middle of the Midwest. For the past |
| 1:17.1 | few years I've been enjoying the world of car parts reselling and boy what a ride |
| 1:21.6 | it's been. I want to give you an update in the middle stage of my journey where the rubber really meets the road. |
| 1:28.0 | When I started I was mostly scouring junkyards and online marketplaces for car parts. It was a hit or mess kind of a thing. |
| 1:35.6 | Fast forward a couple years and my business model has evolved. I started forming |
| 1:40.6 | relationships with local mechanics and auto repair shops, negotiating deals to buy parts in bulk. |
| 1:47.0 | Why let those valuable components sit around gathering rust when they could be put to good use. |
| 1:53.0 | Here's a tip for you. |
| 1:54.0 | Learn to develop an eye for high demand parts that are easier to store and ship. |
| 1:59.0 | I found a niche in alternators and starters. |
| 2:02.0 | They sell quickly and can be stored easily in my garage. |
| 2:06.9 | I implemented a tiered pricing system offering discounts on bulk purchases. |
| 2:12.1 | This brought in local |
... |
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