Love this. Respect the hustle. $6.5million in one year.

Absolutely NO Way He Made $6.5 Milloon Profit In A Year 'Thrifting' Stop With Thr Fucking Lies...

I follow Technsports for a few years. His peak earnings were 2020 -2022 when much of retail was shut down except Florida where he is located. He has liquidated much of his eBay business and moved into education, real estate, and wholesale.

Interesting

I have used his method. It works. Most of that business has gone to online live selling. You can start a business with zero dollars. The peak time was during the pandemic. With inflation, it would probably still work.

@MPelletierCIO Where do you see the online live selling happening mostly? Which platforms, and is it individuals selling used or do you see brands doing it?

@MPelletierCIO Whatnot has been a rising star. I believe they will be doing a IPO soon. eBay is the largest because it sales everything. Poshmark is second. Then Whatnot.

@MPelletierCIO Boomers in Florida do it for a supplemental income. They are allowed to make so much money per year before they are taxed on their income through social security. Brands do some of it to get rid of their excess inventory. It is still a small portion of their business.

For people that didn't watch the video, the guy makes his money wholesale. He (or his team) does the thrifting, they wash the clothes, price it out, then sell it to businesses who then go on to sell it on ebay, etc. He's the middleman between thrift and the third party seller.

Selling $17,808 a day worth of used clothes 365 days a year, sounds like bullshit to me.

Start scalping pre owned clothing that’s meant for the less fortunate. The American dream.

What's really amazing is how many people believe this.

He’s buying stolen goods and selling them on eBay? Oh wow.

When eBay first started in the 1990s, I was a Power Seller on the site. It was so easy to make money. Thrift stores, garage sales, etc. were filled with discount stuff. Bought a book for five cents, sold it for $27 in two days. But now, those sources have been picked clean.

This is the K Shape economy in one video. Yes respect the hustle but alarm bells are ringing.

Where is the video where he's having dinner with his wife and kids enjoying life?

When I was a Nashville business reporter, I knew a guy who would cruise rich Nashville neighborhoods and inspect large garbage items on the curb. If it could resell, he would haul it off. He made a lot of money b/c the rich throw away a lot of stuff.

Ive actually sold my own high line clothes on ebay…. Um, this guy is kind of fl of shit

I dislike this because it makes it hard to find deals. All market inefficiencies get squished.

Some of those numbers he's throwing out on the individual clothing pieces are not grounded in reality; there's no way those items sell for what he claims.

just because you say that jacket will sell for 200 doesn't mean you sold it for 200

Who the fuck masks 6.5m and still does it all by hand themselves...

He’s also in south Florida where excess wealth is highly flaunted and forgotten. If you try flea markets in middle America, you sure ain’t gonna find Hermes, Burberry so easily.

I promise you no one is paying $100 for that raggedy ass a&f coat

Lmao eBay takes 40% goodluck using eBay.

So basically, no Americans work at the flea markets nowadays? It’s a bunch of Africans and Mexicans?

This is great. In '97/98 I was #1 seller of Beanie Babies on eBay. It was wild. This guy's business is more sustainable, though. Mine was based on a fad.

So many of us had eBay as our incubator. Our MBA. Our eBay customers were our seed investors.

"I can't seem to get ahead" *8 hours on Netflix a day*

my mom always tells me never buy second hand anything from anyone this is the reason get it cheap but no corporation return policy new might be more expensive but if something goes wrong with it can always take it back

I doubt that number. If he was doing that, he wouldn't be filming it and he wouldn't be in education now selling courses. He would hire a talented team to scale even bigger.

If they stop making money, I stop making money because they stop coming

"My grandfather worked, he stopped working and 2 weeks later he died. I can't stop." Respect the hustle, not sure he got the correct lesson from that story though.

I think one of the most eye opening things is the true cost of clothes . Not the value but the real front end cost. Now when I got to a mall . I’m literally blown away by 100$ shirts 40 boxers . It’s almost like ppl love to be scammed. But s/o to dude . Respect

Love this. It amazes me what people find in niches to create wealth.

He would literally have to find and sell a 100 items everyday with a profit of at least $200 per item that’s a lot of work

he said it perfectly, we all need to make some money, if the guy selling on the flee market does not make money he gets out of business, and then I get out of business i.o.w. > dont be to greedy. make sure there is a balance...

Respect the number. Revenue isn't profit though. What were margins and churn?

My wife sold used clothes online. Like a cancer, the crap took over the whole house.

bull fucking shit. he buys for $5, sells for $75 and he still finds a wholesaler that'll turn around and sell that $75 for what $100-$150?