Becoming A Flipping Ninja© While Working A Full Time Job. Is It Possible?
Whether you want to create a second income stream for yourself to pay off your debts or you want to work towards your own financial goals of building your wealth and investing, getting into the flipping business while you are working a full-time job is completely possible and can be highly profitable if you know what you’re doing and create a system for yourself. You can generate some serious revenue learning how to flip things for profits.
A lot of people like to make excuses or feel that making money with flipping things outside of their full-time jobs is unrealistic or isn’t possible. They see it as something they don’t have time for, or simply something that doesn’t work — yet at the same time these same people will jump on a ‘part-time job’ working for an employer in a heartbeat.
But the fact is — there’s nothing to be skeptical about.
The truth is that getting into the flipping business while working a full-time job is how MOST people start. They decide they want to start making money outside of their day job so they start it part-time — after work and on their weekends. That’s how I started and that’s also how I became a Master flipper.
In one year I made over $100,000 in sales while working a full-time job just flipping things and being creative.
Stop listening to the naysayers. Even if you don’t believe in yourself at this very moment, I need you to believe in 2 things:
1. Believe that it’s possible and that people are doing it right now.
2. Believe in me.
That’s it. Starting out, you might have trouble believing in or seeing yourself making a lot of money buying and reselling things for profits. Don’t worry about that now. I did too starting out. For now, believe that it’s possible and believe in me. I want to be your coach and mentor, and my mission is to train you to be a lethal, money-making, deal-finding, Flipping Ninja©.
Making anywhere from $500-$2500+ per month just by flipping things is highly doable, and the sooner you can get into it and get started, the faster you’ll be able to master it and really maximize your profits.
Here are 5 things you can do to get started:
1. Know your schedule.
First determine and figure out your schedule with work. Get completely clear with it. What days do work, how many hours, and when do you have free time?
If you work Monday through Friday 7 AM to 4 PM for example, you can find time to flip things say from 4:30 PM to 9 PM. That’s four and a half hours of time everyday after work you can spend searching for, buying, and reselling things for profits instead of coming home and wasting five hours watching TV or doing random things. A total of 22.5 hours per week.
Even if you’re at work, on your lunch breaks you can search for things to buy low online and on Craigslist and schedule them out to pick up right after work. Now you’re maximizing your time and making good use of it.
And of course you have your weekends. Spend anywhere from as little as 2 hours to as much as 8 hours per weekend day getting your hustle on and you’ve just added another 4-16+ hours of available time you can use to make money flipping things. Which by the way — even if you were to just spend your weekends flipping things, you can make several hundred dollars per month or even several thousand dollars per month just by learning how to buy things and flip them for cash. The difference between becoming a Flipping Ninja© and picking up a part-time job is that as a flipper, you’re not trading hours and hours of your time for mediocre pay.
As a Flipping Ninja©, you’re working for profits, not wages. Wages will make you a living, but profits can make you a fortune. So for example, the amount of money you make working 25 hours at a ‘part-time job’, may only take you 60 minutes of ‘work’ flipping things for profits (finding items, picking them up, reposting them for higher prices and earning a profit).
It’s completely possible and realistic, but you have to get completely clear on your schedule and free time. Don’t fool yourself either. You have more time than you might think. Figure out your schedule and determine how much time you’ve got available that you can use.
2. Find Your Niche.
Almost every flipper that I know of, started out in a specific niche. And you already know what yours is.
You probably already have a passion: a sports team, fishing, running, reading, music, etc. Whatever it is, there’s something in there that includes stuff you can sell.
List your interests, the things you get excited about and the subjects you know something about. From that you’ll get ideas about what your niche is. The best part is, once you realize this, the excitement will start building for you to start making money.
My specific niche that I started with was Yamaha Keyboards. I play piano, and since I was young, I got my first basic model and I kinda kept upgrading over the years. So I’ve been very familiar with them, all their features, all the models, with the quality of their piano sound and how authentic it sounds (it’s got one of the best piano sounds you can find).
But I was already familiar with them. I remember when I first sold my first Yamaha keyboard and made a profit, I was able to really SELL them. I’m talking in-the-trenches, straight up just raw selling people on how great this keyboard is. It wasn’t hard, I didn’t have to fake it, because I believed in what I was selling and it was infectious. They felt my passion and enthusiasm, so they were willing to pay the price that I asked for.
I started to go on the hunt for Yamaha keyboards and they pop up all the time, they’re EVERYWHERE! Isn’t it weird how that happens when you’re consciously looking for something?
The most common thing is parents with kids who they tried to sign up for piano lessons, the kids either got sick of it, or grew up or moved out, and now they’ve got this Yamaha keyboard sitting there that they’re looking to just sell, just to make some quick cash. And a lot of times they sell them for very low prices, they just wanna get rid of it as it’s just been sitting there collecting dust.
So what I do is I typically search for these keyboards, and negotiate with the sellers for the lowest price possible. Usually the keyboards I buy range from $100 – $500. And almost every Yamaha keyboard I buy, I make at LEAST $100 easily, usually $200-$300 profit per keyboard that I get because that’s my niche. If I see someone posting a specific model Yamaha keyboard for $100 when I know that I can easily sell it for $200 or $250, I jump on it immediately buy it, take it home, take some awesome photos, and repost it.
Here’s the thing, because it’s my niche and I’m so familiar with every different Yamaha keyboard model, I’ve actually already got a template ad I made that basically sells the HECK out of the keyboard and completely educates the person on the benefits and features of it too. What I also do is I inject my expertise and knowledge into the ad, which allows me to:
- Educate and help out buyers who may not know much about keyboards/what to look for
- Demand higher prices for the keyboard
- Really showcase the keyboard in its best light and create the perception of a very high value buy and item
- Create an overall better and more satisfying buyer experience (they feel good about their purchase because of it)
Creating template ads for each model has saved me tons of time and made me tons of money from keyboards. I really show you the proper way to crafting/writing/creating your ads so that your item will SELL in my Flipping Ninja Blueprint©.
Start thinking about your niche. What do you know or what kinds of products are you familiar with that you feel you can sell for profits?
Whether it’s some kind of electronics, car parts, furniture sets, board games, TV’s, video games, cell phones, or even cars if you want to go big and get very profitable, try and find your niche, and then really focus on it and master it.
3. Get Rich Beyond Your Niche: Expand Your Pipeline.
Now that you know got 20+ hours of free time available per week (or however much you calculated from step 1) dedicated to flipping things, you will need to expand your pipeline and get into different niches.
Now if you focused on just one niche you might not be able to fill up all your time and hours on that product because maybe inventory is just low or you aren’t finding enough of deals around to buy. Sometimes I find just one keyboard for the whole month — and if I just focused on that one niche, I’m limiting myself to profits and potential.
So in order to expand your profits you need to expand your pipeline and start getting into different niches. Don’t limit yourself to just one niche. Focus on really exploiting other markets of product and don’t be afraid to go into unfamiliar territory. Try buying something you’re not too familiar with and attempt to flip it for a profit. Have the courage to buy and you will see that everything sells.
If you work a full-time job and you want to start making more money outside of work and create a second income stream for yourself, then learning how to flip things for money can be highly profitable. The great part about it is that there really is no ceiling to how much you can make, and that it’s not a “trade your time for money” type of work. I’ve made $2,500 per month regularly outside of my day job just by flipping things while investing less than 20 hours per week doing it. However, if you’re not ready to invest the time, energy and effort to learn these skill sets that will serve you forever no matter where you go or what your situation is, and basically create “money on tap” for you, ignore everything I just said. However, think about your situation, how much drive you have and if getting into flipping is the right decision.
featured image by: Erik Rosenberg