How To Resell Clothes: Ebay, Poshmark and Mercari

How To Resell Clothes and Get Rid Of Clothes
How To Resell Clothes and Get Rid Of Clothes

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I’ve been going through a phase of cleaning out my closet to get rid of extra clothes. OBSESSIVELY. I literally wear maybe 10% of my clothes. And I think most of us are like that. We buy something maybe we wear it once, or there’s some feature that we just didn’t like about it and then we never wear it again. We hope we might but we never wear it again. I have so many things that I do this with it’s not even funny. Clothes, shoes, jewelry, random knickknacks, you name it. I’m also the type of personality that enjoys going to fleamarkets. I enjoyed sifting through racks for hours and then trying to get the best price. So of course I really enjoy the whole reselling used clothes/items thing that’s going on right now and wanted to learn how to resell clothes on eBay, Poshmark and Mercari.

And it seems like there’s more people buying used clothes. The public is more aware of how devastating the fast fashion industry has been on our environment as well as the wastefulness of constantly buying clothes. So in a way, buying used clothes, as long as they’re in good condition, is fine.

So here is my review on the three platforms (ebay, Mercari, Poshmark) and how to resell clothes on them. So far I’ve sold 3 items in 2 weeks!

eBay

eBay, oh eBay how I love you. Literally the OG of all reselling companies. I started dabbling with online selling in 2016, just selling a few things that were in my closet. Now here I am again, trying to learn how to resell the clothes out of my closet and maybe more if it works out.

The positive of selling on eBay is that it is a MASSIVE platform to sell to people. Since it’s older than both Mercari and Poshmark, it has more pull in terms of being the most familiar. The only issue I have with it is the auction feature. Of course eBay sold itself as being an online auction house first for basic things like electronics, games, clothes etc. And people are very used to getting REALLY good deals from this. In other words, the users are really cheap. Which is fine if you have the right product and can price it low enough.

For me, I’m selling clothes and some jewelry that I’ve already worn so I don’t need such a high markup. I’m pricing most of my clothes at $10-$40 depending on how worn they are or if it’s new with tags.

I didn’t use Ebay’s auction feature but did use it’s “buy now” feature. Here I can set the price, determine shipping costs and describe the item. They have this new option to “promote” where for an additional 10% fee you can get the listing promoted. They also take 10% fee when it sells. After 50 zero insertion fee listings, the insertion fee is $.35.
For the most part, this seems reasonable. I don’t opt to promote it because traffic on eBay is wonky. Sometimes an item will be priced well and sit, or sometimes priced high and move. If someone wants your product, they’ll buy it or at least send you an offer.

The one item I sold on eBay, someone submitted an offer. And since I wasn’t losing money, I took it. I just wanted to get rid of the clothes.

Shipping is probably their best feature. After you’re done selling, you just ship it off using their prepaid shipping label. Their vendor is USPS, it comes with tracking and I find their rates VERY competitive. So for the most part you don’t have to worry about shipping. I don’t include shipping in my listings but I never charge higher than $4.99. Pretty much the best place to start if you want to learn how to resell clothes.

Mercari

This is a very similar website to eBay. I mean, other than not having an auction feature, they’re almost identical. It’s basically the “Buy Now” feature only.

I did find that the traffic there is a little bit better for clothes whereas, EBay it was limited. Views kind of trickle in on eBay.

One main difference is in promoting your listing- just lower the price. The new listings show up on the top of the search but discounted ones get kind of a refresh button and show up on the top too with a down arrow indicating prices are dropped. This type of promoting definitely encourages people to kind of wait and see if prices lower. HOWEVER, there is a “like” feature similar to eBay’s “watching” feature that allows buyers to know if there are other interested buyers. This can create a sense of urgency that could help move a listing along and get rid of clothes that you’re selling.

I sold one item on Mercari and would rate the the shipping as fair, not too expensive but not as good as eBay. For some reason, I feel compelled to offer free shipping on products. That probably plays into why I get a little more views on Mercari than I do on eBay. Sales-wise they’re pretty equal. Fee-wise similar to eBay with 10% commission and no listing fees.

Payment processing is a bit different. eBay indicates the payment has been made immediately, and if there are any issues buyers can dispute after. Mercari only shows payment once the buyer has received the item. And then they have 3 days after delivery to confirm the product is as described and it was delivered. If they don’t, the funds get automatically deposited to the seller’s account.

Honestly not sure how I feel about this. Because I’m only selling small items and clothes, this doesn’t feel too risky. If I was selling electronics, I think it would cause issues to delay payment like that.

Overall a good platform that compliments eBay.

Poshmark

I have yet to get a sale here, but I’m giving it an honest chance because I really want to know how to resell clothes on this website.

Overall, it’s definitely a more social platform. Poshers (aka sellers) have to share each other’s listings as part of the platform’s structure. There’s also a follower and following section of your profile that is above your listings. I’ve been on Poshmark for less than 2 weeks and I have over 4K followers. It’s customary to follow back here. There are tons of sellers that have over 100K followers and following.

Because of this social aspect, it’s more time consuming.

But there’s definitely a hustle to this platform.
Like both eBay and Mercari, you can cover shipping, offer discounts, etc., but on Poshmark you can suggest an item if someone has something of yours in their bundle (shopping cart). This is how you can sweeten the deal. You can offer an addition item be taken with a 5% discount and also offer to cover part or all of the shipping. It’s a sweet deal for them and sweet for you.

However, Poshmark has to be the more expensive platform of the 3 with a 20% commission fee and a buyer shipping cost of $6.79. That $6.79 shipping cost the buyer has to pay will in turn make them more price conscious and the 20% cut that the seller has to pay makes the products more expensive.

I do believe that the clientele on Poshmark is willing to spend and, in a way, they’re more stylish. Unlike eBay and Mercari where you can sell anything, Poshmark is only clothes, shoes, accessories, makeup, and perfumes. It’s rare to see anything outside of that there. Since the clientele is more stylish, they’re going to appreciate good marketing and will likely pay more for it. At least you can get rid of clothes and make a pretty penny from it.

I don’t know much about their shipping because I haven’t sold anything yet.

I will definitely keep Poshmark in my pocket as a contending selling platform.

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Overall I think you can make a killing reselling and get rid of clothes in the process. The most important thing is to work all 3 of these platforms. The likelihood that an item will sell on 2 or all platforms at the same time is rare (as long as you price correctly), in which case you can cancel a sale on one of them, but using all 3 makes it easier to get your items to a buyer who will love it.

Hope you enjoyed this guide on how to get rid of clothes by reselling. Happy selling!

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Should You Go To College? Is A Good College Degree Enough?

Should you go to college? good college degree
Should you go to college? good college degree

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Ten years ago, no one would have asked this question of “should you go to college?,” the idea of not getting a college education seemed ludicrous. But recently, many disadvantages of going to college have come to light and it has everyone questioning, “is it really necessary? And a good college degree worth the money?”

I graduated high school in 2007, when prosperity was flowing and the economy booming. As young high school graduates we were all excited to start our college careers. My last year of high school was devoted to college applications, college tours and college nights where we would be courted by local universities. It all seemed so exciting. Here I was, about to embark on this new adventure. I imagined that my college would literally hand me a job after and that I’d be pretty much set for life after that. Honestly, I don’t know why I made that assumption, maybe it was all the statistics the colleges threw at me, but I really did believe that.

And I think a majority of us believed it, 90% of my class went on to get a higher education and the rest either joined the military or picked up a trade.

I didn’t have much debt after undergrad, it was law school that put me WAYY under. It was the one year I took but couldn’t finish. But we all make mistakes. Whether you go to college or not is a personal and financial decision that only YOU can consider and answer.

Here are my thoughts on why you should go to college:

Your parents are footing a majority of the bill. Or you have a scholarship equal to 50% or more.

College is freaking expensive. A lot of private universities cost $30K annually or more, not including housing, food and books. Certain schools will give really good scholarships if you’re in the top 20% of your class. If you were blessed enough to get a partial (50% or better) or full scholarship, I’d say that the benefits of the college degree beats the cost. If your parents are able to cover at least 50% of the costs then I’d say go for it as well.

Most white collar jobs want a college graduate and even if you get a degree in basketweaving, most basic positions require a degree. And if you’re able to get a degree cheap from either your parent’s support or from a scholarship, I’d say the risk is minimized enough to guarantee reward.

You got into a really good college program

At my university there were certain programs that were really competitive. It was the pharmacy and physician’s assistant programs but at some universities it might be nursing, finance or mathematics.

If you get into a reputable program in a high paying field it might be worth taking on the loans as long as you have a plan to pay it back. Don’t go taking out huge loans for a degree in the arts or humanitarian sciences. That’s just a joke.

You plan to make sacrifices to pay for your schooling

It’s not for everyone but even a high cost school can be manageable if you make some lifestyle changes.

I read somewhere that there was this guy that was able to come out of his Ivy League university education with only 10K in debt. You know what he did? He made a home out of his van and lived there, then he showered at the school gym. He also worked weekends to make ends meet.

Now most likely you don’t have to go so far, but little changes like going to a community college and then transferring out to a better school or living with your parents from 18-22 years of age can really save you a lot of money.

Here are reasons you should not go to college

You Just Want To Party

Some people from my high school went to party schools. They studied humanities or liberal arts but what they really majored in was how to party. I don’t know about you but $30K annually is a LOT of money to just party. I actually partied a bit during my college years but I also took my education seriously. There were some friends of mine who took their party hard college career very seriously.

A lot of people believe that the sorority/fraternity party experience is an essential part of college. Puking on the lawn, wild sexy nights with hot students, and drugs and alcohol are a huge part of that culture. I remember being brainwashed about the importance of partying in college. Movies like Van Wilder, American Pie and Road Trip were some of my favorite movies that supported that belief, but some of us took the college partying lifestyle to heart. The truth is, $30K is WAYYYYY too much to spend to just get wasted. And if you think you can drink like a rockstar AND get good grades, you’re just kidding yourself.

You don’t want to go or don’t know what you want to do with your life

I always thought it was crazy and kind of sick that our society expects 18 year olds to decide what they want to do with the rest of their lives. I remember being in my junior and senior year of high school and everyone asking me, “What are you going to major in?” It’s like how the hell am I supposed to know? How am I supposed to decide on a major when I have literally NO real life experience? At times it felt like I was taking a stab in the dark. One month I’d be sold on psychology, next journalism, then legal studies.

My advice to young adults graduating high school today is if you don’t know what you want to do and have no clue, take a year off. Don’t go to college. Try your hand at different industries. Figure it out.

You don’t have to go to college right away. You can take a year to decipher your interests. That would be better than taking another year at college because you can’t decide on a major and finding yourself wasting money on prerequisites that you didn’t need for a major that you thought you wanted.

I had an old roommate, she graduated in teaching and then decided to transfer to another private school in the city ($$$) and dorm in the city ($$$$) for another degree in liberal arts (????). Well guess what! Now she has two low paying degrees and tons and tons of loans tied to her. She’s a slave to her degrees now.

So think about what you want to do, don’t just float around taking loans hoping against the odds you can pay them off easily with lackluster degrees.

You aren’t good at school

The truth is that there are a lot of people who just aren’t good at school. Like, it’s just not for them for whatever reason, whether it’s not having the motivation to study, not knowing what you’re supposed to do or not wanting to get into debt.

That’s totally fine. I don’t think our society values people who choose not to get a college degree enough. Actually there a ton of things you can do without a college degree.

-Join the military: here you can learn different trades or build a military career that is equivalent or better than a college degree

-learn a trade: plumbing, cosmetology, cooking, electrician, bookkeeping, hvac technician, mechanic etc. A lot of these are really well paying and if you’re able to get a jump on a trade early and without debt, chances are you’ll be just as well off as someone who went to college.

You’re a hustler

Become an entrepreneur. If you think of how much in loans you need to take out for college as well as the high interest rate and then you put that money towards a business endeavor and put as many hours into it as you would college, I guarantee you’ll have a successful
business at the end of 4 years.

Of course this isn’t for everyone but if you have a motivated and competitive personality, college isn’t the only option for you. Most people consider a business as a gamble, since it can fail, but isn’t college a gamble too? Especially since you’re not guaranteed a great job at the end… think about that.
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So there you have it, all the reasons you should or shouldn’t go to college. Hopefully you can take my advice to heart. I wish I had someone in my life who could kind of shake me and help me make these kind of decisions about my education, career and finances, because going to college on a loan is a big deal.

Unfortunately my guidance counselor didn’t do shit for me at the time. They were more motivated to get as many kids into college, since that determined the school’s success rate, than finding the right path for students. And my parents were just as brainwashed as me into believing that college was worth it no matter what the cost.

So hopefully you can take this advice and use it to better yourself, figure out your path and make the best financial decision about your career, happiness and life.

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Way of The Wolf By Jordan Belfort ~Full Book Review

Way Of The Wolf Jordan Belfort Book Review
Way Of The Wolf Jordan Belfort Book Review

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My company requires me to read two developmental books as part of my performance goals so I picked up “The Way Of The Wolf” by Jordan Belfort. It’s supposed to be a look at his sales strategy on how to increase closing. At first I was thinking, I hope this is appropriate for work, Wolf of Wall Street wasn’t rated PG and it was basically a movie about how these sleazy stock broker salespeople screwed people out of money. I wondered whether the book would have legitimate sales advice or technique on how to scam. Then I thought, well, he went to federal prison and then came out and wrote a book on his experience, then made it a bestseller, then sold the rights to the film, sooooooo he might actually know a thing or two.

And he does. I would describe his selling technique as a bit old school but it definitely works. If you’re a seasoned salesperson, you might recognize some of these tricks and maybe pick up a few new ones. I definitely did.

I liked how he made references to the movie to help me conceptualize his technique because it kind of ties everything together.

The main takeaway is that he uses what he calls “The Straightline System” for selling. The Straightline System is basically getting people from being uncertain about the thing you’re selling to absolutely certain. He shows you how to get them there in the most efficient fashion.

Jordan Belfort says that people can be emotionally certain or logically certain, but unless you have both a sale isn’t made. Looking back at all the deals that fell through for me, I always missed either the emotional aspect or the logical. But Jordan explains that it’s actually quite easy to get people to feel 100% like their emotional and logical decision is to buy what you’re selling. In this way, I found Way Of The Wolf as very old school. A lot of these techniques I’ve seen from very seasoned salespeople who are successful in their field.

Some of the highlights that I found useful:

That selling is more of an art. It’s more than just saying “buy this because of reason’s X,Y and Z.” It’s actually a very complex process, which Jordan Belfort breaks down for you, one with many layers.

Here he teaches you how to make a good first impression and stresses the importance of respecting the first impression and giving it your all. I used to be the type of person who thought that first impressions were a myth and that initial impressions can change over time. That is true, but it requires a LOT of work. Way Of The Wolf makes it easy to give an amazing first impression.

Tonality and Body Language was an essential chapter. Personally, I think that’s how Jordan Belfort really persuaded people to buy into his penny stocks and business ideas. He truly is the master on how to give off the right tone coupled with perfect body language. The obvious truth is that a majority of our communication is in verbal tone and body language. So how do we tap into this incredible communication resource?

Jordan Belfort masters this with his concept of future pacing and establishing an empowered state. Basically imagining yourself as already achieving a certain outcome and getting in the state you feel when you’ve accomplished something incredible. Once you achieve that and are able to tap into those two things on demand, your tonality and body language will reflect the confidence you need to persuade people to do anything!

To be honest, I used this technique before so it was nice to see that Jordan knew this little trick. It’s more than a “just fake it till you make it” ideology. The core concept is that you truly believe you’ve made it so that others can believe in it too.

Then he goes into how to prospect properly and touches on the ONE mistake all sales novices make.

That is, trying to close anyone and everyone without knowing if they’re truly capable of closing, without screening or qualifying them.

Jordan Belfort goes into detail on how to properly qualify them so that you know exactly whether they’re a prospect worth pursuing or not.

Way Of The Wolf also stresses the importance of having a good script. At first I kind of scoffed at the idea. I mean, seriously, a script?!? When I think of a script I think of canned words from a cold calling salesperson that doesn’t know his hand from his foot. But Jordan Belfort convinced me. Here’s what he said about it, “Since the day you were old enough to talk, every single movie or TV show that made you scream, laugh, cry, or shout or got you so deeply invested in the characters that you ended up binge watching the entire series in a single weekend, every last one of them was scripted.”

And it’s true, movies can capture our hearts and yet they require scripts to do that. The actors put in hours and hours, days upon days to perfect their lines and create the perfect scene. Now imagine if as a salesperson you could be as persuasive as those actors selling you those scenes? That’s why I think it’s time for me to come up with a sales script and give it a second chance.

Overall I found Way Of The Wolf as an excellent guide on how to sell, especially for beginners just starting out. Being able to think back on certain scenes of The Wolf Of Wall Street and see how he used these techniques really helped put his sales tactics into perspective. Would recommend for all novice salespeople and veterans refreshing on their sales chops.

My favorite quotes:
“Every word, every phrase, every question you ask, every tonality you use; every single one of them should have the same ultimate goal in mind, which is to increase the prospect’s level of certainty as much as humanly possible so that by the time you get to the close he’s feeling so incredibly certain that he almost has to say yes. That’s the goal.” Quote from Inventing The Straightline

“Either you’re being judged as a person who is sharp, on the ball, someone they want to do business with or you’re being judged as someone they do not want to do business with.” Quote from Advanced Body Language.

“When I say, ‘extremely powerful,’ what I mean is that once you become even reasonably proficient with this strategy you can actually get people to buy things they shouldn’t buy, and do things they shouldn’t do, without them even realizing that an extraordinary amount of influence was brought to bear.” Quote from Advanced Tonality

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Status Update: I’m Still Not Vibing At Work

Things have settled in my job quite a bit since I last posted about it.  I’m actually about to go on vacation which I 1000% deserve considering how hard I worked in April and May covering the whole office while people were leaving this company left and right.

And yes, I was showered with praise and gratitude during that time.  I showed what I was truly made of despite being undermined by my coworker.  But people in this company forget and now that things have settled down, all that gratitude is being eroded.

They had approved some time off for me WAYYYY before the whole transition of the previous manager leaving and the new one being hired.   Then they hired the new manager who required the same vacation time.  So now here we are in August about to leave the office in the hands of our Director and another property’s manager.

I take so many issues with the company I’m at now, with how they treat their employees. Last time I checked Paid Time Off was part of the benefits program and each employee was entitled to it.

My Director has the gall to tell me:

“You know, Our Director of Operations, really wanted you to cover those days your manager (N) had off.”  “I know we approved those days but your lucky we let you keep them.  Technically your time off is voluntary, it’s not a necessary part of running the business.”

I was like WTF is she telling me right now??? Am I slave?   This is crazy!  I can’t believe she said that to me.

I respond, “Well, this time was approved before the previous manager left.  I honestly don’t consider working 7 days straight and then having 5 days off a vacation.  Our vacations are well deserved, I especially since I worked very hard this year.”

She let it go after that.

You’re probably reading this right now like why the hell am I still at the company.  They obviously don’t respect their employees and would rather abuse them.  But it’s a good paying job, great benefits and a steady paycheck.  (shrugs).  A job is a job.

It doesn’t help that my new manager, N, doesn’t know how to navigate the whole political landscape that is part of the role.  In less than 3 months he’s got our marketing director, director and some of the other departments upset with his attitude towards their requests and the changes he wants made.  Apparently making changes that would be efficient would create work for other departments, which they HATE.

You see the corporate environment doesn’t care about your individual contribution.  Every single employee, except for ownership, is replaceable.  We are to produce more and more each year.  There’s no “rah, rah, hoorah!” for meeting last years quota in a bad market.

But you know from my previous posts that I know how to be an entrepreneur so that’s the hard part for me.  I KNOW things can be better.  I KNOW I don’t have to be treated like crap.  I KNOW I could start my own business tomorrow and in 5 years be somewhere with it.   And I am going to start a business, I’m going to start taking this writing thing and motivational shit seriously.  But right now I just need this paycheck and benefits before I get the ball rolling.

I honestly feel more uneasy about my career at this company than I every felt while working for myself.  I’m constantly reminded that things can change in an instant and the office life I got used to could be taken from me by the “powers that be.”  At least when I was self-employed I could rely mainly on myself.  I am probably the most reliable person I know.

So my Director spent the whole day talking about how she hated our new manager.  Then she went on to me and how she thought the old manager ‘walked all over me.”  She had repeated this in front of all my colleagues.  Those were her literal words.  It was rude and uncalled for, and definitely inappropriate.  I could tell she was just trying to get under my skin and find out how far SHE could push me.  I wish I could go to HR, but honestly I don’t trust HR.  The HR here does the BARE MINIMUM.

You’re only bitter because you’re a sad and lonely woman.  I feel sorry for you.  Now I wish I said that but I was like, let me keep my job today.  Please.  I need to pay off the remaining $25K of my student loans.  And I didn’t want to stoop to her level.  You know, karma and stuff.  Then she went on to brag about how she fired our weekend receptionist because she couldn’t print labels.

I think the best strategy when working with cocky, difficult and challenging bosses is just to keep it moving. We are so over worked at this company, no one even has to stand up to the bosses and make a case for themselves.  The level of manipulation here is so painful and obvious but it works.  Enough people are quiet.

I personally think a lot of work environments allow this type of toxic behavior.  Anywhere you have people vying for their own economic interests you’ll have people fighting dirty.

I also got to meet the manager of one of the other departments.  I never met someone so inauthentic.  I didn’t get good vibes. She’s covering while N and I are out of the office and she didn’t seem too thrilled with the task.

Looking at her, I realized I’ll never go up in value in this company.  They don’t value their employees and the people they bring in to manage…just can’t.  I don’t want to be part of a management team that uses threats and manipulation to keep their employees in line.  And as a result, I don’t want to be part of any management team because almost all corporate environments require a cut throat demeanor.

But there are still many people who don’t need to stoop so low or cut down their teams to  feel productive and feel important.  I’ve seen them.

Thats why I vowed to return to being an entrepreneur and help teach others how to be entrepreneurs.  Because at the end of the day no one is going to give it to you,  The only person who can get it is you.  The days of working for a company and being respected and treated with dignity are over.

Please check out my other posts:

  1. My Job is Killing Me….
  2. Never Believe The Propaganda, Create Your Own Purpose
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  4. Stand Up For Yourself, Even When You Have Everything To Lose

 

 

 

 

Top Lessons I learned In Business & As A Salesperson

The first “Job” Job I ever had

When I was 21, I started an online distribution company on Amazon.  I was working for this shady distribution company acting as their “Purchasing Manager” for like $15 dollars an hour.  They wanted me to get contacts for brands like MAC cosmetics, designer fragrances, coach bags, and other high end accounts.  My role was to buy at wholesale then ship oversees where the product was scarce and make a huge markup at the other offices.  It was super shady because we were dealing with an international Singapore office and selling goods that were unauthorized by the brands in certain locations.  Basically dealing in a gray market.  Turns out the whole beauty distribution industry is super shady in this regard.  Rather than discount certain goods to the public, companies like MAC cosmetics or Proctor & Gamble will sell to third party distributors old and unsold products, who will then sell it again to online sellers, third party shops and overseas.  So all those Ebay and Amazon stores selling cosmetics and goods are not necessarily fake, but are likely old product that’s been cycled through different distributors.

 I eventually had a contact for MAC cosmetics and decided to be bold and use it for my own use and become an Amazon pro-seller.  The money was just calling me.  I couldn’t help but think if I start selling this stuff people would buy it.  This was my first experience working for myself and being an entrepreneur.   My online store  was for cosmetics and our main item for sale was MAC Cosmetics. You wouldn’t believe how popular MAC is online, we had this wholesaler who would sell it to us. (I swear it was authentic). That was literally the only thing we would sell. I sold 80k worth of it within the first year.

Well I guess we didn’t tip the wholesaler enough because he stiffed us on the product and wouldn’t sell to us any more.

All the other product out there to buy was pretty much garbage and not giving us a high enough profit margin to make the effort.

After that I closed the business but I learned a few good lessons about owning a business:

  1. Never go into business with a friend.
    1. It sounds fun at first but it’sa recipe for disaster. I had worked with her at the distribution company and it was a lot of fun.  I felt guilty for taking the contact and profiting on my own, when my best friend was sitting right next to me.  We had very different approaches to the business though.  She wanted to cash out too early so we were never able to reinvest or grow the company. If our orders were growing, it would have been more worthwhile for the supplier and he would have been less likely to drop us like that. We were unknowingly wasting his time by making him fill our small orders twice a month.
  2. Always tip the people who help you make money
    1. It’s just good karma and it good at relationship building. You won’t believe how good “You’ll scratch my back, I’ll scratch yours” strategy works.  I was so stupid to not give a nice Christmas bonus, like it’s such an obvious thing to do. When when your young and trying to start a business with absolutely no money, every dollar counts, but the dollars you spend on the people who help you be successful are the most important to spend.
  3. Never rely on one source of income or client for your business.
    1. When the MAC supply ran dry so did our business. We never bothered to diversify. We could have done videos on makeup or promoted our own products. But we never got that far.
    2. I’ve also read about other people making this mistake like YouTubers and Insta Influencers using only one platform to make their connections.  This is obviously risky since you are not in charge of the overall platform and if they decide to shut you down because of a “policy violation,” well then you’re SOL.

Lessons I learned From Being A Salesperson

When I stopped doing what the other salespeople were doing that’s when it clicked and I started to do so much more business.  There are 10,000 licensed real estate salespeople in  NYC.  There are only so many rental and sales deals for all those agents.  The reality is that not everyone will be successful in this industry and many are living hand to mouth and deal to deal.

They say 5% of salespeople make 80% of deals. To be the top sales person you need to do things other people aren’t willing to do or are too lazy to do.

In real estate that meant doing a mailing list. Many agents were too preoccupied with finding their next deal, they didn’t think ahead to do long term prospecting like email blasts and promotions.

I also prospected by cold calling leads for exclusives and following up relentlessly. All I needed was to have one door open and then I would snowball that opportunity into other opportunities.

Over time you want to create a snowball effect of success. Promoting yourself and showing off your accomplishments helps you get the confidence and business you need from new customers.  The snowball effect is probably the most important lesson I learned.  The more time you spend on a business, the more it should grow.  It should never be stagnant  unless there is a catastrophic economic collapse or recession.  The issue is that no one teaches you how to start the snowball.  In the beginning, it looks very small and almost useless to keep rolling.  Maybe a piece breaks off here and again there but over time all the cumulative effort you made over the years will be worth something, it will get stronger, and next thing you know you have a giant business! (Snowball!)

Once the snowball is huge, that’s when people notice you and give you more business with little prospecting.

Things that will help you grow your snowball:

  • Mailing lists and email blasts with all the contacts you’ve ever had
  • Cold calls
  • Holiday cards
  • Quality business cards
  • Neat  work space
  • Requesting referrals
  • Gifts at closing
  • Following up with service, doing surveys
  • Having a business plan and marketing plan
  • Being consistent with the above items

I hope you’ve found this post really useful. It was actually a discussion that I first started on Quora but it was so popular there, I decided to expand on the discussion.

Let me know your thoughts and feedback and feel free to follow, share and like.

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