How should I finish making my first million dollars?

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compman25

Diamond Member
Jan 12, 2006
3,767
2
81
Loan $400 to wanna be millionaires at ridiculously high interest rate, kinda like a payday loan place.
 

Safeway

Lifer
Jun 22, 2004
12,075
11
81
Originally posted by: Platypus
Originally posted by: GodlessAstronomer
Originally posted by: Platypus
Originally posted by: GodlessAstronomer
Who ever made a million selling domains?

My friend has made multiple millions on buying/selling domain typos

I don't believe you.

I couldn't give a fuck less :)

I believe him. Look at all the typo domains Google has purchased to protect itself:

http://www.pronetadvertising.c...g-list-of-domains.html

There are a lot more out there worth lots of money.
 

chipy

Golden Member
Feb 17, 2003
1,469
2
81
Originally posted by: Safeway
Originally posted by: jjsole
Scan the internet and hotdeal sites incessantly, purchasing all items possible that are mistakenly way underpriced. Sue when your transactions aren't honored, ebay when they are.

It's free money!

Problem is, I can't find enough volume if I only target mistakes. Same goes for flipping items on Craigslist and eBay. I've made good money buying Herman Miller chairs for $6.99 and reselling them, but there isn't the kind of volume I need. In order to get that volume, I'd need to set up shop somewhere and deal in bulk discounted purchases. A friend of mine bought 10,000 Nike duffle bags for 5 cents each, then sold them to stores like Ross and Marshalls for a decent profit. Deals like that come around occasionally, but they aren't consistent enough! He eventually got out of the business because getting those types of deals involved quite a bit of luck.

hey Safeway, thanks for sharing your story. just curious as to where you bought the Herman Miller chairs so cheap. also, i say go with selling the domain names if you can... they seem like the easist way for you to get startup capital w/o having to borrow $$$.
 

fleabag

Banned
Oct 1, 2007
2,450
1
0
Originally posted by: chipy
Originally posted by: Safeway
Originally posted by: jjsole
Scan the internet and hotdeal sites incessantly, purchasing all items possible that are mistakenly way underpriced. Sue when your transactions aren't honored, ebay when they are.

It's free money!

Problem is, I can't find enough volume if I only target mistakes. Same goes for flipping items on Craigslist and eBay. I've made good money buying Herman Miller chairs for $6.99 and reselling them, but there isn't the kind of volume I need. In order to get that volume, I'd need to set up shop somewhere and deal in bulk discounted purchases. A friend of mine bought 10,000 Nike duffle bags for 5 cents each, then sold them to stores like Ross and Marshalls for a decent profit. Deals like that come around occasionally, but they aren't consistent enough! He eventually got out of the business because getting those types of deals involved quite a bit of luck.

hey Safeway, thanks for sharing your story. just curious as to where you bought the Herman Miller chairs so cheap. also, i say go with selling the domain names if you can... they seem like the easist way for you to get startup capital w/o having to borrow $$$.

lulz