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Side Hustle School

#2743 - Failure Friday: A Lego Reseller's Lesson in Integrity

Side Hustle School

Chris Guillebeau / Onward Project

Business, Entrepreneurship, Careers

4.83.3K Ratings

🗓️ 5 July 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

In this week's Failure Friday segment, we hear from a Lego reseller who learns the hard way that if a deal seems too good to be true, it pro 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: [email protected] 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.substack.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. 😎 🙏🏼 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

The Case of the Stolen Lego. We're going to hear a story from a LEGO rese Stolen LEGO.

0:13.0

We're going to hear a story from a LEGO reseller's lesson in integrity.

0:16.0

Welcome to Side-School.

0:17.0

My name's Chris Gallopoe,

0:18.0

welcome as well to this week's failure Friday segment.

0:21.0

In this segment, we look at mistakes, missteps, disasters, all the things

0:25.0

that don't go so well. So not big success stories, usually stories in adjustment, adjustment

0:31.2

of expectations, adjustment of

0:33.0

behavior in some cases. We got to do something different. In this case it's more like if a deal seems too good to be true it probably is.

0:40.0

And so basically what happens here well I'm going to let Brian from Anaheim, California tell the story.

0:46.4

He is the LEGO reseller, I think he sells some other stuff too, but he's been buying and reselling

0:52.0

stuff, often a good business model.

0:54.3

I encourage people who are new to side hustling.

0:56.4

If you're just trying to get started, think about buying stuff and selling it.

0:59.4

You learn a lot along the way, and you can go on and do something else after that. But in this case the

1:03.9

side-us-luring question Brian had a unique challenge so let's hear the story from

1:07.7

him along with what he learned. I'll come back at the end with a quick wrap-up but for

1:12.2

now here's Brian. Hey there fellow side hustlers. I'm Brian and today I want to share with you a cautionary tale from my early days as a LEGO reseller.

1:38.6

It's a story of how my eagerness for a good deal led me down a path I never intended to take and the big

1:44.5

lesson I learned along the way. It all started when I discovered the world of

1:48.9

LEGO reselling. As a lifelong LEGO enthusiast I was thrilled at the idea of turning my passion into profit.

1:55.6

I began by purchasing sets on sale and reselling them online for a markup.

...

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