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Side Hustle School

#679 - College Student Pays Off Loans by Flipping Classic Video Games

Side Hustle School

Chris Guillebeau

Business, Side Hustle, Entrepreneurship,, Careers, Entrepreneurship, Small Business

4.73.3K Ratings

🗓️ 10 November 2018

⏱️ 8 minutes

🧾️ Download transcript

Summary

Wanting to get out of debt, a college student pays off a $4,000 student loan by buying and reselling classic video games. 

Side Hustle School features a new story EVERY DAY of someone who started a hustle without quitting their job. You’ll learn how they got the idea, how they overcame challenges along the way, and what the results are.  Share: #SideHustleSchoolShow notes: SideHustleSchool.comTwitter: @chrisguillebeau

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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.


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Transcript

Click on a timestamp to play from that location

0:00.0

Did you know choosing the train over your car can cut your carbon footprint by up to two thirds?

0:06.0

So, one family outing at a time, one little adventurer at a time, one trip to the museum, one dinner in the city, one nap on the way home at a time.

0:18.0

One train journey at a time can help create a greener future.

0:23.0

So when will you take your next trip? Find out more at nationalrail.co.uk slash greener.

0:38.0

Hey, hey, what's up? Welcome to Side of the School. This is Chris Gillibot, your host.

0:42.0

I'm really excited about today's story because it's all about classic video games.

0:46.0

Video games were basically my parental guardians when I was growing up and I have such fond memories of so many different games and classic systems.

0:53.0

Now you may not care about that, but that's okay because this story is about somebody who makes money with flipping classic video games.

0:59.0

It's actually a college student who's got some loans, he's got some debt, in fact, and he wants to pay off that debt.

1:04.0

So he looks at something that he already knows about, already actually has a bunch of games to begin with,

1:08.0

but then he goes much further than just selling his own games, figures out how to buy and resell these games, ends up paying off a $4,000 loan in a really short period of time.

1:16.0

And then goes on to make a lot more money as well. Now the principles of reselling are the same regardless of what market you're looking at.

1:23.0

So even if you don't care about video games, there's probably something else out there that you might be interested in buying and selling or something that you already have.

1:29.0

If you too need to pay off a loan or make some quick cash or just learn more about the world of side hustling, reselling can be a great entry point.

1:36.0

So I'll tell you all about that. This whole story is coming up after this quick thank you to our sponsor.

1:45.0

We're going to start with the charging. Installing a high-electric vehicle charger at home. Simply plug in your car when you're driving. It connects to the high-vap.

1:52.0

And with our special EV tariff, you can schedule it to charge when it's cheaper, putting you in control.

2:00.0

Plus you can get 10 months interest-free credit when installed by us at British Gas. Search high-vv charging.

2:07.0

TZS applies subject to status and minimum spend.

2:19.0

TZS was born in 1986. A year after the Nintendo Entertainment System, also known as NES, launched in North America.

2:27.0

I remember that time very well myself. I was seven years old and when I got an Nintendo, my life changed.

2:32.0

I spent hours upon hours playing the very early NES classics, Super Mario Bros, Duck Hunt, Excitebike, Ice Climber, and the list goes on all the way to Legend of Zelda, the original one, and Final Fantasy, the original one, and more.

...

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