Double To A Million - It All Ads Up :)

It's true, it all ads up !
I've sold another few torches and cd-roms and I'm creeping up to $800.

It occurred to me when I looked at my feedback on Trademe that it's taken about 100 transactions to get to this level.
If I were to keep this up, I would have to do 125,000 transactions to get to a million !
Ideally, I would like to source a product or information item that will consistantly sell for around $100..... The more profit margin the better !

This brings me to my next project.

What is worth less than it's worth. Is tossed aside, but creates joy when it's found ?

I've always thought the simple coin was highly under-rated. My next item for sale will feature this much loved item :D

Oh, and before I forget... Just wanted to mention a great place to get your Website names/addresses from.

They only cost $4.95 USD (for a year) and come with free hosting.
Check it out by clicking the little red sign !!


Rachel.

Double Your Way To A Million - Dog Related Setback...

Three days ago I was quietly answering auction questions and counting my gold...(kidding !) when I noticed my Bullmastiff pup doing something odd.

She was quiet !
I turned around and she was in a pool of blood and was happily licking her paw.
On closer inspection it looked more like the Texas Chainsaw Massacre so I got something to stop the bleeding.
After about 15mins and the bleeding not stopping, I called the vet who just happened to be in town right then !

He wrapped it, but I had to run her into the surgery (1/2 hour away) to get 5 stiches put in her foot, just above the pad.

After having a good look around, I realised the little monster had tried to "dig" a broken bonsai pot. The glaze would have sliced right through her paw.

It turned out to be a pretty deep cut and now we are just trying to keep her busy so she doesn't chew on the bandages.

Poor Chloe.
She, of course, milked it for all she's worth :D

On the plus side, I found 80c and sold another CD-ROM.
OK, there's a pic up now...Pathetic, huh ??!!

Rachel.

Double To A Million - How To's...

My stake is gradually creeping up by $10-$20 per day now which is nice.
If you look at my total sometimes, it looks as if I'm lower than the level I say I'm at.
This is due to me investing some of my Stake money into goods that will sell, to bring me to the next level.

I just wanted to clarify this for the uninitiated :)

Reading a reveiw that was done on this site, I also thought I should clear up a few things also.

Even though I'm in New Zealand, most if not all of the things I have done to reach this level are do-able in any country.

You may notice that the bulk of my funds come through selling on TradeMe (The New Zealand version of eBay).
What I don't mention is that everytime I consider buying something, I search through all the live listings and then all the expired auctions to get a good idea of whether the item will sell.

• I'll get the number of closed auctions for the item I am considering selling.
• The number of goods that have sold above or at reserve and the amount of times they were re-listed until sold.
• Run the numbers to see the probability of easy sales
• Check current selling prices against RRP in shops and determine if I can undercut the market.
• Put yourself in the Buyers shoes. Wouldn't you prefer the same item for a huge discount ?!
  

These are things that anyone in any country can do.
Considering that America is my primary buying country, I think all you US people could get far better deals...I have to pay for international shipping !!

This concept also applies with things like my mosaic plate lots and beach china.
My advice is simply read the market and give it what it wants.

Later...
Rachel.

Double Your Way To A Million - New Assets

A few days ago I tracked down something that i thought might sell well.
I was right.

As you can see from my accounting on the side, this was quite a windfall !!

While I'd love to share all the impressive details with the world....You'll all just have to wait for the book :D

On this journey you learn a lot of things, but one I'm just hitting now is "the trade secret". My father defines this as something you find out due to dumb luck and keep it secret for fear of losing the advantage. I concur !

With a little "luck" and some aggressive marketing I could reach the next level in a few weeks.
Good Luck everyone !

Rachel.

Double Your Way To A Million - Easter Update

So, yesterday I spent $23.50 of the stake money on the goods in the previous post. It would have been less, but I decided not to interfere (I didn't haggle when I normally would have...very difficult :D).
The reason for not haggling was simply to prove that anyone can make a profit by selling anything.
You don't have to be hugely creative or innovative...Just buy something that will somehow make a return on investment.

I've already sold the digital phone for $8 which puts me ahead a few dollars as I also sold one of the silicone cake moulds.

I'm also thinking of having a $1 RESERVE week on my auctions to bump my stake up a bit.
I want to be at the next level soon !

Later,
Rachel.

Doubling Strategy - Just Double It !

Today was our annual Lions market day in my town.

Basically, the Lions club collects stuff from people and sells it or auctions it on Easter weekend.
What I wanted to do was get a bunch of things...quite a random selection... and simply see how easy it is for absolutely anyone to make double their money.
I'm giving myself a week !!

So what did I get ?

• 1 Fax/Copier
• 1 digital cordless phone
• 1 Atari System with 2 joysticks & 2 games
• 5-6 sets of plates to be cut into mosaic tile pieces
• 2 CDs
• 1 bag of knitting needles
• 7 Woods & Soms plates
• 3 photo albums

An unusual mix of things, but I figured if I could double my money on these, then there would be no excuse for anyone !

Funnily enough, as one pair of women walked past me they said, "Oh, a tent full of junk we can't use" I had to laugh to myself.

Anyway, I'll update this little experiment in a week including prices ect...

Stay Tuned,
Rachel.

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Double Your Way To A Million ! Sales

Well, I've sold a couple more watches which brings my total up to $722.

I went into town yesterday (We travel 75km to the nearest
city to do food shopping) and came accross a few things that I knew were popular on Trademe. I've listed a couple of Audio Books and a couple of other things....

If you want to check out my auctions my personal ID is Abeyance and the auctions are HERE

I've also gotten some great ideas to lead me into the next step.

More later...

Rachel.

Double Your Way To A Million - Help From The Universe

I kinda' want to share something that happened 2+ weeks ago so that if anyone reading this is in the same position, they can have hope !

About 20 days ago, due to my doing a small course, I realised I had to pay off my debts and become totally debt free...and quickly. (If you've read the same course, you'll know what I'm talking about !)
I made that decision vocal, I told my Father and went straight about making it happen.
9am the next morning I got a call from one of our local cafes and they asked me if I could work for them for 4 weeks or so as they needed a fill in Chef.

Due to my decision, I wasn't about to say no to an extra 20 hrs a week so I said Yes !
The next day I got a call from a market research company who were coming out to my town and wanted to pay me $50 for an hour & a half of opinions.
Again, I said yes.

Some of you will have seen the doc/film The Secret, and the past 3 weeks have really made me think more about this law of attraction.
The strange thing is, this kind of "co-incidence' has happened all my life ! It's just now I'm really starting to realise what can be done with this.

So now, after my second week working 4 hrs a day x 5 days, let me just say
"I am Jacks' aching feet...." But it's worth it, all the money goes to paying off any debts I have in order to become debt free.

I know this is a little off the doubling track, but if one person gets something from this, then good :D

Must go rest now and plan on a delicious sleep in :)

Rachel.

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