Make Money Online Experiment # 1
Hi,
In my journey to make money online I did take the first step couple of days ago, yes I know it took me more than 2 months to overcome the initial hump, you can call it beginners anxiety, fear of unknown etc but I think it was the information overload.
I had been reading many blogs, ebooks, magazine articles etc. to be fully prepared, these are my recommended ebooks, well my brake came when I read somewhere on shoemoney.com blog about taking risk and capitalizing on the market inefficiencies .
I immediately took action and last week bought 3 LG bluetooth headsets from woot, at the price they were selling I had inclination that I might be able to sell them for a profit. I bought them for roughly $50.00 including shipping, till date I have been able to sell one of them at $29.00 so far I have recovered 60% on my investment and I am pretty sure to sell the remaining 2 pieces. Encouraged by that I even bought a MS Zune for $150.00 which I will sell for a small profit margin.
Lessons learned:
- Get enough knowledge, there is no point in getting all the information.
- Take action immediately, as you know just do it.
- Invest back into the business (Boy I am tempted so many times to use the bluetooth and now the zune)
- Have a Goal/Dream to follow.
Please leave your comments/suggestions.
Note: I have one more online success story to share in the next posts ….
Vijay
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Do you have some sort of display where we can see the goods, we might want to buy something off you.