731: Unlocking Big Profits from Liquidation and Government Auctions

The Side Hustle Show

Nick Loper

How To, Entrepreneurship, Business, Education

4.7 • 1.6K Ratings

🗓️ 2 April 2026

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What if you could turn a single dollar into $5,000 in under a month? That's exactly what happened to Mindy, a member of Shannon Jean's reselling mastermind community. She bought two pallets of books from a government auction for $1 total, discovered they were packed with medical and curriculum books selling for $200 to $400 each, and turned that dollar into $5,000 within about a month. And she's still selling the books today. Deals like that are hiding in plain sight — on government auction sites and retail liquidation platforms that most people have never heard of. Shannon Jean has been buying and flipping product this way for decades, and in this episode he walks through exactly how it works. Shannon is a serial entrepreneur, bestselling author, and creator of the $5 Reseller Mastermind, a community that has grown to more than 3,000 members over the past year. His motto: "Buy with math, sell with emotion." You can find him at ShannonJean.com. Tune in to Episode 731 of the Side Hustle Show to learn: where to find government and retail liquidation auctions and how to get registered why your selling system matters more than finding great deals how to research before you bid so you never buy blind (Get the auction starter guide at shannonjean.com/auction) Full Show Notes: Unlocking Big Profits from Liquidation and Government Auctions New to the Show? Get your personalized money-making playlist ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠! Sponsors: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Indeed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – Start hiring NOW with a $75 sponsored job credit to upgrade your job post! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Quo (formerly OpenPhone)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Get 20% off of your first 6 months! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Shopify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Sign up for a $1 per month trial! ⁠⁠Gusto⁠⁠ — Get 3 months free of the leading payroll, benefits, and HR provider for modern small businesses! About The Side Hustle Show This is the entrepreneurship podcast you can actually apply! The award-winning small business show covers the best side hustles and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠side hustle ideas⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. We share how to start a business and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠make money online⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and offline, including online business, side gigs, freelancing, marketing, sales funnels, investing, and much more. Join 100,000+ listeners and get legit business ideas and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠passive income⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ strategies straight to your earbuds. No BS, just actionable tips on how to start and grow your side hustle. Hosted by Nick Loper of ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Side Hustle Nation⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

Transcript

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0:00.0	There's a side hustle that's exploding right now, and that's live selling on What Not.
0:05.1	I've seen What Not climb to the top of the app store. I've seen the seller earnings,
0:09.2	everything from small part-time projects to multi-million dollar businesses.
0:13.2	The What Not is the largest dedicated live shopping platform, whether you're selling
0:18.1	beauty products, collectibles, electronics, thrift store fines,
0:21.8	luxury fashion, even food products like cookies, sellers are building real thriving businesses.
0:27.7	So how about this? People selling on whatnot sell 10 times more than on other major marketplaces.
0:33.0	That's because you're not just listing products and hoping somebody finds them. You're building real connections with buyers.
0:39.7	And those buyers, they're spending more than an hour a day in the app.
0:43.2	They're not just browsing.
0:44.2	They're bidding, they're buying, and they're coming back.
0:46.9	You go live, show off your products in real time, and then turn what you love into real
0:50.9	income.
0:51.3	And for a limited time, What Not is matching your first $150 sold in the first
0:56.2	month. Visit Whatnot.com slash sell to start selling. That's W-H-A-T-N-O-T-com slash sell. What-N-O-com
1:06.7	slash sell. Buy low, sell high. It's a strategy behind a lot of different side hustles. The trick is finding
1:14.5	a steady stream of stuff where you can buy low. Today you're going to learn how to score deals
1:19.1	for pennies on the dollar and flip those items for big profits from somebody who's literally
1:24.6	made millions doing this. We are diving into the exciting world of
1:28.9	auctions and liquidation deals, Costco pallets, government surplus. My guest is a serial entrepreneur,
1:36.5	bestselling author, and creator of the $5 reseller mastermind. His motto, buy with math, sell
1:43.7	with emotion. From shannonjean.com, Shannon
	...

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