It is absolutely possible to make a living selling sneakers, but most people can’t or won’t dedicate the time or effort to do so. If you’re happy with your current job and would just like a fun way to cover a car payment or student loans, selling sneakers like Jordans or Yeezys is a great way to make money and you can absolutely have a good time doing it.
The opportunity is right in front of you . Obviously, a lot of people aren’t reselling sneakers like Jordans and Yeezy’s for money simply because they are unaware of the opportunity. Reading this article is putting you in the realm of being aware of the opportunity, that you can make anywhere from $50 to $500 and even $5,000 per month selling sneakers. It’s up to you to either act on this opportunity or ignore it. If you’d like to act on it and want to start out part time to test out the opportunity, this article will go over the basics of what it takes to begin this exciting hustle.
Firstly, if you want to make big money selling sneakers, you need to be obsessed. Selling sneakers full time requires you to be absolutely obsessed with it 24/7 because money never sleeps. Serious Jordan or Yeezy resellers have been known to be up at all times of the night checking deals on various platforms like eBay and StockX, or doing business with customers and sellers in different time zones. However, as a beginner, I don’t recommend trying to make big money right out of the gate. You’ll expose yourself to risks and mistakes, all of which are too long to explain in this article. So start with a smaller goal like selling your first pair of kicks at a profit, then scaling from there.
You can’t simply hope to make big money off of one release every month, as you’re not in control of which model of Jordans or Yeezys are coming out. So firstly, understand which opportunity exists at this moment. Yes you’ve just missed out on an amazing release, the Off-White Jordan drop, which was making people up to $2,000 per pair of shoes, but this doesn’t mean that this won’t happen again. These kind of big money releases happen multiple times a year so you can only be prepared in time for the next big round which will come around towards the end of 2017. So to make side money, enough to cover your student loan or car payments, you’re going to want to set a goal every week and make sure you hit it.
To make $500 per month, you’ll need to average over $100 per week, which you can do by either flipping one shoe per week at a $100+ profit or five shoes per week at $20+ profit each. Keep yourself accountable to these goals and carry them out. In order to be aware of the specifics of what goal to set, you need to pay attention to the news. Also, you need to constantly be sourcing sneakers from everywhere you can.
Some people make out flipping sneakers to be an incredibly easy side hustle, which it can be, and it’s some of the easiest money I’ve ever made in the shortest amount of time, but to get to the point of effortlessness, you’re going to need to put in the initial discipline to make flipping sneakers second nature to you.
One secret that those who are successfully and easily flipping sneakers don’t tell you is that the reason that it’s easy to them is because they took the time to educate themselves on the process of finding and selling sneakers to the point that it’s easy to them, and that it took a bit of time to come to this point.
Last but not least, the most important aspect to make money selling sneakers, whether you want to do it part time or full time, is knowledge. If you’re not aware of something, you simply are unable to act on it. Building your knowledge base so that your lens of opportunity is tinted so that you see things that others do not will give you a huge edge on the other people trying to sell sneakers. You can reach the point of very little competition and rise to the top quickly if you have the correct knowledge base.
There can be a steep and expensive learning curve when it comes to selling sneakers, so that’s why I’ve put together this guide which will not only quickly build your knowledge base and reveal insider secrets, but will allow you to have a reference guide that you can use to carry you through your sneaker reselling journey as you start at hundreds then scale to thousands of dollars.
It’s recommended to be patient at first and set the goal of $500 in profit your first month while selling sneakers. $500 is perfectly achievable, and it will give you the reward of a somewhat significant income that will incentivize you to continue with the shoe reselling hustle. You’ll see that the opportunity is real. If you’ve tried for a month and haven’t made $500, it’s simply because you don’t have the knowledge so you need to study up then go at it again. Teenagers are making thousands of dollars every month hustling kicks so there’s no reason that you can’t too. So set the first goal of making $500 per month. You can keep it here and gain the experience through discipline to make shoe reselling second nature for a fun way to get some bills paid every month, or you can scale the business to six figures as you build your shoe reselling empire. It’s up to you on how far you’d like to take this, and it all depends on your personal and career goals. If you are entrepreneurially minded, and it is your goal to be a successful entrepreneur, there is no reason you should not resell shoes for money as you’ll learn valuable skills that can carry on to any venture that you choose to transition to even if you eventually move on from selling shoes.
Be incredibly grateful that you live in an era where there is a large amount of information on the internet like this and that if you’re reading this, there is likely nothing stopping you from making side money selling shoes like Jordans or Yeezy’s or through any other method other than yourself and your own mindset.
For that reason, I challenge you to accomplish this goal of making $500 in one month selling sneakers, even if it’s just for a month. After doing this you’ll have the confidence to continue on with whatever venture you choose, even if it has nothing to do with shoes or reselling.
Good luck on your journey as an entrepreneur, and as always, I wish you all the best!