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Showing posts with label selling. Show all posts
Showing posts with label selling. Show all posts

Thursday, December 1, 2011

The Jig

Yesterday, after my Facebook posts about delivering Cook Out trays with a jig for $10 I received quite a response. 
I had two takers.
After some late night deliveries I ended up using my $5.18 to purchase a cook out tray.
After delivering the first I went and got another.
When the night was all said and done I made a total of $13.90!
My Profit: 168%
It's all in the jig! 

Wednesday, November 30, 2011

Facebook

I posted on Facebook that I would be willing to deliver a Cook Out tray with a smile and a special jig for $10.
It started some pretty good conversation.
35 comments! 
I think this might be profitable. 

Wednesday, November 16, 2011

Back At It With the Tootsie Rolls

Purchased two more Tootsie Rolls and I'm trying to find some buyers! 
Anybody wanna Tootsie Roll?
Spent: $0.04

Wednesday, November 2, 2011

Sold: First Profit!

I have just sold the Tootsie Roll! 
I thought it would be difficult to get the Tootsie Roll sold. I mean who really buys a single Tootsie Roll?
But after telling my goal to my roommate and doing a little bartering (agreeing to quit services rendered) I was able to sell the Tootsie Roll. 
Final selling price: $.25!!!!! 
That's a 1,150% profit!! 

Rules

You may be wondering what is going on? What is the point of this site?
The idea came from a desire to test just how far the lowest monetary unit could actually go.
I want to know how much effort it will take to turn two pennies into, well... more than just two pennies. Not to mention the thought of this being super successful is definitively attractive.

It's really nothing more than buying and selling.
I start with two pennies.
With the two pennies I will purchase my first item.
I then must sell that item for a higher price to make a profit or return on investment (ROI). My ROI's will be marked with each sell from each purchase.
I am only allowed to use the money that comes from the two pennies. I cannot stimulate my purchasing account.
I only have a year from the first purchase.

That being said, I will blog every time I make a purchase and consequently every time I sell that purchase.

Thats the game, those are the rules.

You can help by following and commenting on my purchases and sell price. Also, if you have ideas about what I should purchase next, those are welcomed comments as well.


Let the fun begin.