Been away from blogging for a while... I'll explain why very soon. But, now, I want to explain why I love Black Friday shopping.
Typically, people are divided into two categries:
- Those who love Black Friday shopping
- Those who are wrong
There was a time where I loved getting up at 3am, waiting in long lines and getting the latest shiny bauble at ridiculous prices. Fortunately, I've grown out of that phase of my life. I think it was getting rained on multiple times in the middle of the night in 35 degree weather that changed my mind.
But I still love Black Friday shopping.
The primary reason I love it now is because it gives me the ability to do a couple of things:
- See what the "hot items" are this year.
- Use that information to pick up some great "reselling" deals both retail and thrifting.
Now, there's a fine line between reselling and scalping and I don't want to get into that. Suffice to say, it's a rare moment when I buy something to resell above retail price. That's why I love thrifting. I can buy something used for $1 and sell it used for $10. I love retail arbitrage because I can buy something on clearance for $3 and sell it online for regular retail prices.
One of the things I teach peple in my Income Hackers Facebook group (shameless plug) is that you can have a very lucrative full time (or part time) business simply living your life and keeping your eyes open for opportunity.
There's a saying – luck is simply preparedness plus opportunity. People always tell me I'm lucky when I find a 4 pack of LED recessed bulbs for $2 and they normally sell for $12. It's not luck at all. I know what I'm looking for and I'm always prepared when I find it.
It's very much like my YouTube video I just posted recently where I explain how the subconscious mind choses what to focus on and "bring to the forefront" those things I find important. Where someone might walk by a clearance sticker selling an item for $2 but the regular price is $20, I'm always focused on finding those things.
What I do isn't difficult. It's just living life, looking for opportunity, and capitalizing on it. That's why Black Friday is so awesome. Today, we rolled out at 10:30 and just had a leisurely stroll through the different shopping areas. When I found something that I thought might be useful or profitable, I'd scan it to see what it's doing on Amazon and eBay. If the margins were right, I'd pick it up.
Meanwhile, I'm hanging out with my family and having a good time. It's not work. It's living life.
If this interests you, swing by my Facebook group and introduce yourself. We talk about this all the time.