Making $3000/Day with 100K

Discussion in 'Making Money' started by jimmyjames, Mar 12, 2018.

  1. jimmyjames

    jimmyjames Newbie

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    I know there are a lot of trolls on this forum. Many people who think $3000/day isn't possible.

    I'd like to point out the fact that about 1/10th of America is worth over 1 million.

    I will be actively responding to everyone's thoughts and saying what's wrong with your idea because this isn't an easy task. Hopefully someone can provide me something I can use.

    Now, to the point, let's brainstorm the ideas that can potentially make $3000/Day. With this in mind...it must be wholesale.

    For example, you buy 100,000 worth of shoes from China, distribute to local stores for 110,000.
    Do that everyday, boom you make $10K/day.

    BUT if you can tell, that's not possible.
    1. Shoes take time to make.
    2. Shipping from China takes time.

    NOW here is an alternative.
    Just buy from local brand, then sell to local stores. - This is possible scenario. Do I like it? Not really.

    Here is something I know that works

    There are a lot of cell phone buyers. The buyers buy the phones with the intention of instantly selling to a wholesaler. Phones being expensive $300-500, quickly can add up to about $100K.

    If every phone buyer you know buys $2000 worth of phones a day and you can get 15 phone buyers, you now spend $30K and then sell the phones for 33K.
    Boom you made 3K.

    So if your smart, you thought to yourself, how can you sell it so fast?
    Because, there is another buyer offering 10% higher. So you offered 10% less than him to all your phone buyers

    I'm looking for scenario's like the one above.

    And to the fools that want to troll, please be mature.

    EDIT just thought of another scenario.

    First think about all the liquor store's. All of them have distributors. Then their is the manufacturer.

    The manufacturer of Twix sells the Twix at 0.25.
    Let's say we buy $25000 worth.

    We now find 10 distributors who distribute to 10 people *$250 worth to everyone.
    So 10*10*250=$25000

    Keep in mind, twix was just an example, it would have to be multiple candies.

    How can I get in touch with people who distribute to liquor stores anyone know?
     
    Last edited: Mar 12, 2018
  2. Asif WILSON Khan

    Asif WILSON Khan OG Blue Tick Exec VIP Jr. VIP

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    How much do you have in your bank account right now to invest in this project?
     
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  3. king master

    king master Jr. VIP Jr. VIP

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    Great Idea, let's Make it ..

    ooh , i don't have 100K to invest ..

    But still Good idea
     
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  4. dbk03

    dbk03 Regular Member

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    1. Createa hot but cheap product in China. By creating the product I mean ask the Chinese manufacturer to design, produce and brand your product according to your requests.

    2. Spend 50k on paying the Chinese manufacturer, bringing the product to the main markets (US, EU, AUS etc.), arranging your physical (local) distribution channels (nobody will wait 3-4 weeks for a 'hot' product to arrive)

    3. Invest the other 50K in aggresive marketing to convince your customers that your product is hot.

    4. Sell the product on the local markets by multiplying the cost you pay for it with 5 or 7...or even 10.

    5. Bank 3K/ day...maybe :)

    PS: it's nothing new here, indeed, that's what most of the small and big fishes in the e-commerce industry are doing and have done it for a good amount of time.
    The difference appears in the way each and every one is implementing this strategy and how is he handling the small details (supplier, fees, advertising channels etc).
     
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    Last edited: Mar 12, 2018
  5. Viniyois

    Viniyois Junior Member

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    Anyone who thinks that making 3k/day offline is impossible needs a face slap and a hard reality check. Online is different for an average joe, but anything is possible.
     
  6. jimmyjames

    jimmyjames Newbie

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    Remember, we want to do wholesale. I want to flip that money everyday.
    Buying from China makes us have very long shipping.
     
  7. davids355

    davids355 Moderator Staff Member Moderator Jr. VIP

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    So are you making $3k per day, or do you mean you want to make $3k per day?
     
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  8. jimmyjames

    jimmyjames Newbie

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    So I'm currently in the cell phone industry.
    I won't disclose my earnings, but I'm currently not making 3K a day.

    What I'm looking to do is take a few concepts like the cell phone industry, take 3-5 ideas, and do the same idea in multiple industries.
     
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  9. MisterF

    MisterF Moderator Staff Member Moderator Jr. VIP

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    I have read this 5 times and still am at a loss as to what you're saying here based on zero proof would even be written by Hans Christian Andersen as a work of fiction.

    I'm not sure if you've set up this account just to post this sort of 'info' as a bit of fun or actually believe what you're posting.
     
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  10. Jklmno

    Jklmno Regular Member

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    Huh, is it just me?? But why do I not understand your cell phone industry??
     
  11. jimmyjames

    jimmyjames Newbie

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    I had a feeling my post didn't make sense.

    Just updated with another scenario.

    Again, please let's not troll...this thread has very valuable information that could potentially change your life if you really do think about it.
     
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  12. Jklmno

    Jklmno Regular Member

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    You need to offer cheaper/ better quality Liquor obviously
     
  13. jimmyjames

    jimmyjames Newbie

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    You can't do that.
    That's why I focused on the candy side of things.
     
  14. Jklmno

    Jklmno Regular Member

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    What do you mean by candy?
     
  15. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator Jr. VIP

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  16. jimmyjames

    jimmyjames Newbie

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    Candy. Literally.

    Liquor stores need to fill their store with candy, beverages, iPhone accessories,etc.

    You think they contact the manufacturer and buy 1 buy 1?
    No.
    They go to a distributor.

    You think distributor goes to manufacturer? The big ones yes. The small ones no.

    Now, if we find 1 big one, and contact all the small ones. You don't think there is a 10% margin to be made? There is.
     
  17. dbk03

    dbk03 Regular Member

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    It makes sense now...sort of.
    But, as far as I know, distributors go and buy directly from the source...Mars Inc., in your example.

    That's why I suggested making some sort of Twix competitor in China :)
     
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  18. MisterF

    MisterF Moderator Staff Member Moderator Jr. VIP

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    "
    The manufacturer of Twix sells the Twix at 0.25.
    Let's say we buy $25000 worth.

    We now find 10 distributors who distribute to 10 people *$250 worth to everyone.
    So 10*10*250=$25000"

    --------------------------------------

    Using this example, I go to the manufacturer with a $50k order and tell him I want to pay 0.20.
    I can then sell half to you at 0.225 and half to another guy at 0.225 and let you both sell to your distributors.

    I make a little bit, you make a little bit more as you're buying cheaper.


    As per the quote from the movie Layercake ; The art of good business is being a good middleman.
     
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  19. jimmyjames

    jimmyjames Newbie

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    Those are liquor distributors. We want the candy, beverages, iPhone accessories,etc.

    Also, we need little distributors, not the big boys.

    The big boys are buying from manufacturers. We don't have enough cash for that. That's millions.

    Why would we build a brand when we can flip cash?

    Remember what I wrote,
    You think they contact the manufacturer and buy 1 buy 1?
    No.
    They go to a distributor.

    You think distributor goes to manufacturer? The big ones yes. The small ones no.
     
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  20. jimmyjames

    jimmyjames Newbie

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    Exactly my point! You got it!
    Just middleman transactions!
    But which industries and products is the million dollar question!
     
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  21. Nightwish666

    Nightwish666 Newbie

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    What a cool idea, i have to get this idea. Thank you
     
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