There are so many people who make hundreds and thousands of dollars simply flipping things for profits on sites like Craigslist, eBay, thrift stores, pawn shops, garage sales, and so much more.
These people are absolutely killin’ it and happy with their results.
But then there’s the other side…
The group of people who simply start, but then quickly give up and quit because they weren’t able to make any money right away or… [INSERT EXCUSE HERE]
The problem is that they quit early.
You might even be one of them!
But rest assured. It’s not YOU who’s the problem, it simply may be a lack of knowledge on a few things.
I hope this article sheds some light on it.
Here are 5 reasons why you might be having trouble making money and being successful in this lucrative side hustle, aka flipping things for profits!
You’re not thinking big enough.
This is the most important thing that’s why it’s #1. You know, whenever I talk to most people who want to get into making money flipping things on their spare time, the number one reason they fail is because they’re simply thinking way too small.
This leads to quitting before they even start. They think thoughts like:
“I can’t do this.”
“I can’t make $500/month flipping things.”
“I don’t believe this will work.”
“Who would buy that for X dollars? I’m going to price it very low and hope someone does…”
And so many more. These self-defeating thoughts lead to quitting before they even start. They’re like mental barriers and cages, keeping you chained down from taking action…
From going out there, scouting, hunting, and bringing home a damn zebra every single day.
If you’re someone who wants to DETRACT and DIVERT money from your life — keep thinking small.
But if you’re after the big bucks and are ready to handle making lots of money in this business with very little time while being successful at it, you need to stop thinking small and start thinking on MASSIVE, BIG, GIANT levels.
As one of my mentors, Grant Cardone, says:
“Small thinking has, and always will be, punished in one way or another.”
You’re not tracking things.
You don’t track your profits and losses. This is vital. What you buy, when you buy it, how much you buy it for, how much time you spent doing the deal (driving, picking it up, posting it up for sale, etc).
Then, how much you sell it for.
Just like if you were on a weight loss journey, if you’re not tracking your progress (how much weight you’re losing/gaining every week), you could easily spend the next 1-5 years thinking you’re getting results when you’re actually not.
If you don’t know what your performance is like, if you’re not tracking the profits you’re making flipping things on Craigslist, eBay, and Thrift Stores, it’d be almost impossible to expand because you have no idea where you’re at and what to work off of.
The Flipping Ninja Blueprint contains a powerful tracking tool that lets you plug in all your details, then it automatically calculates all of your daily, weekly, monthly, and yearly profits.
Here’s what mine looked like last year (showing the monthly data):
You’re Not (Constantly) Improving Your Skill Sets and Knowledge.
Let’s face it: The more you improve your skills, the more money you’ll make.
The more knowledge you have, the more power and control you’ll have.
I once heard someone say “Learners are earners.” 100% true.
If you want to really succeed and learn this game, you need to invest time and energy into learning new skills and getting better. I show you exactly how to do this here.
You make excuses instead of taking action.
One of my mentors, Grant Cardone as mentioned before, always said —
“You can make money or you can make excuses, but you can’t make both.”
Stop coming up with reasons something WON’T work. Instead, train yourself to start thinking about solutions, and how to make it happen.
You’re Not Moving Fast Enough.
In the flipping business, the fast beat the big. When a deal shows up, you need to be able to jump on it quick. That means call the person, text them, email them — whatever means it takes to communicate as quickly as possible and close the deal.
Whether that means going to pick something up so you have first dibs, or being the first one to show up at a garage sale to get your hands on the hottest items — you need to be fast and be ready to move if you want to be truly successful.
Bonus: You don’t have a truck.
Having a pickup truck is one of the best investments you can make if you really want to make money flipping things (after investing in The Flipping Ninja Blueprint itself, of course ;)). The fact is, in a lot of cases large and bulky items like furniture, bookshelves, chairs, and even appliances like washers/dryers, fridges/stoves, etc., have very high profit margins.
That means that you’re making more on one flip than maybe a smaller item like a pair of shoes, piece of clothing, coffee mug, cell phone, or some other random item for example.
Once I invested in a cheap, “beater-style” pickup truck — it quickly paid for itself within 60 days because of all the things I was able to haul and flip with it. Plus, not only can you use your pickup truck for picking things up… you can also use it to offer delivery to buyers as an upsell.
Another great thing about having your own pickup truck is that you’ve now got speed.
Speed to pick things up quick so you won’t miss out on them.
Speed to jump on deals.
Speed and control. Huge in this game.
It’s not a MUST, but I absolutely recommend having one on-hand for those opportunities that may come up. You’re leaving a LOT of money on the table if you don’t.
If these tips helped you in anyway and you’re someone who is interested in learning how to start making money flipping things for profits — all around you — on places like on eBay, Craigslist, thrift stores, Pawn Shops, and much more, make sure you visit here to read about The Flipping Ninja Blueprint.
I used everything in this blueprint to make over $100,000 in sales flipping things on my spare time, and it’s the same exact blueprint that allowed me to be able to quit my full-time, day job and fully support myself all through flipping things for profits.
It’s also a great resource for someone who just wants to start making more cash every month on the side, outside of their day job. I started out making just $500 a month regularly with maybe a couple hours on the weekends. It quickly grew to $1,000, then $1,500, then $2,000, and so on — all with just a few hours per week.
Visit this page now to read more about how you can get started within the next 5 minutes.