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Cheat Sheet- Making Money 01

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Make Money Flipping iPhones

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There are over 98 million Americans have given up looking for jobs.  Yet, the government is only too proud to state that the unemployment rate is only 5 percent.

This is best time to start your own business than looking for a job.  Chances are very high that may be successful in your own venture.

You are likely to ask, where do I start?  How do I start?

Of course, there are many ways to start.  Most importantly, you must start a business to fulfill what people want.  You must address their wants or needs.  You must fulfill their emotional needs and/or gratification.

There are many people want iPhone as they are in demand.  They are high priced and often many people can’t afford to buy new ones.  Sometimes people want them because they have lost their new one. Whatever their reasons may be, bottom line is people are looking for iPhone but they do not want to pay high price.

Do you speak English? Would you like to get paid just for speaking English?

Wouldn’t be good idea if you were able to get them iPhone for lower price?

How do I do that, you ask.

Of course, there are many folks sell them online.  At the end of the day, people are busy. They have a lot of stuff to do, and they don’t want to go through the hassle and deal with “selling online” folks.

Most importantly, you need to seek folks who want to sell their iPhone.  Many of these folks want quick cash.  You are the person who is going to give them quick cash in exchange for their iPhone.  As they say, it is the American way.  You leverage this convenience by offering less that what you both know the phone could go for.

Believe it or not, it can be a really profitable venture. You may be able to scoop up an iPhone 4 for $60 and sell it for $100. Don’t be surprised if you buy an iPhone 6 for $350 and sell it for $550 the same day.  Don’t count on it happening every day!

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Here are few steps for you to follow for iPhone Buy & Sell Venture.

Step 1:

You will need cash (to buy phone (s)).

Step 2:

Start Marketing. Fliers, Facebook, Instagram, etc.  Fliers do wonders if you prefer to market locally.
Simple flier: “Want to make up to $300 for 15 minutes of your time? Sell that old iPhone collecting dust in your drawer. Accepting all models and carriers. Text XXX-XXXX.”

Step 3:

Setting Price for Purchase of iPhone

Have a logical system to determine your purchase price for various type of iPhone.  You can find by doing research on the internet. Check ebay (or other auction sites). NOTE: Remember “Buy LOW, Sell HIGH”.

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Step 4:

Buying iPhones

You must inspect the phone.  Check for screen, camera, audio, apps, power button.  If phone is malfunctioning, walk away or offer real low price.  Suggested price for totally functional phone- 60% of the auction prices you have checked.

Step 5:

Sell (“Flip”)

Once you buy the phone, repost it on Craigslist or eBay. If you wish to sell local, perhaps Craigslist is best choice.

There is no guarantee that you will be millionaire with Buy and Sell iPhone venture.  But once you get in the groove, it is possible to at least buy and sell 5 phones per day.

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