What if you could make $110 per hour, from the comfort of your home? It sounds too good to be true, right? Well, it’s not! In this exclusive guide, I’m breaking down my exact side hustle strategy that generates real income. Ready to unlock a new level of financial freedom? Let's dive in!"
Whether you're looking for extra income or a full-time opportunity, this side hustle is changing lives!
Available worldwide – especially for those in Tier-1 countries looking to maximize their earning potential.
Spoiler Alert:
The steps are simpler than you think!
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#PassiveIncome
#WorkFromHome
#FinancialFreedom
#OnlineIncome
#EarnMore
#MakeMoneyOnline
#SideHustleSuccess
#110DollarsAnHour
#SideHustleTips
#DigitalNomad
#HighEarnings
#MakeMoneyNow
#PassiveIncomeStreams
#FreelanceLife
#FinancialIndependence
#ExtraCash
#MoneyMakingIdeas
#Tier1Countries
#DailymotionExclusive
Share this with a friend who needs extra income – they’ll thank you later!
Whether you're looking for extra income or a full-time opportunity, this side hustle is changing lives!
Available worldwide – especially for those in Tier-1 countries looking to maximize their earning potential.
Spoiler Alert:
The steps are simpler than you think!
#SideHustle
#PassiveIncome
#WorkFromHome
#FinancialFreedom
#OnlineIncome
#EarnMore
#MakeMoneyOnline
#SideHustleSuccess
#110DollarsAnHour
#SideHustleTips
#DigitalNomad
#HighEarnings
#MakeMoneyNow
#PassiveIncomeStreams
#FreelanceLife
#FinancialIndependence
#ExtraCash
#MoneyMakingIdeas
#Tier1Countries
#DailymotionExclusive
Share this with a friend who needs extra income – they’ll thank you later!
Category
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TravelTranscript
00:00You saw the title and thumbnail. Sounds clickbaity. Well, it's not. Yes, mom, $110 an hour.
00:06I swear, I'm not lying. Okay, bye. How do I make this much money reselling used clothes?
00:12Just some clothes, a computer, and a little bit of grade A organic elbow grease. If you want to
00:17learn how or potentially want to do this yourself, stick around. Real quick, please do not forget to
00:27obliterate the like button down below for the YouTube algorithm and subscribe to my channel if
00:30you're not already. It would really help me out a lot. Thank you guys. All right, you might be
00:34wondering, first impression, how do I even calculate this $110 profit an hour when the art of reselling
00:41is such an imperfect process run by humans and it's really drawn out. There's a lot of different steps.
00:45Let me tell you. The short answer is I Ford Model T'd my process. And what does T stand for?
00:51It stands for tailor. I model tailored my process. But let's start from the beginning. So five months
00:56ago, when I first started reselling, just as a hobby, something fun to do to fill my time while
01:00I had this basically gap year, I was not efficient. I would take an item out of my closet, photograph it,
01:06model it, edit the photos, and then list it online. And then I would do another one. I just did it as a
01:10hobby. It wasn't really an efficient, systematized process at all. I was just doing it for fun. And at
01:15the time that seemed totally fine. I was just learning the business. I was having fun with it,
01:19procrastinating a little bit here and there, but really just learning how to sell on Poshmark and eBay and
01:23kind of how the business worked. So I don't really care about being all that efficient in the beginning.
01:27However, when I started to make more sales and really scale my business, I wanted more of my
01:32time back because a lot of the time I would kind of do this inefficient process and really start to
01:37think, am I making like $5 an hour? Because I felt like I was procrastinating a lot and was really
01:41curious, okay, what am I actually making per hour here? Am I just wasting my time? And when I thought
01:46about it, I realized, okay, I am procrastinating a lot. I'm being pretty lazy most of the time. So how can I
01:51be better? How can I make this more efficient? There must be a better way. So I Ford Model T'd
01:57my process. What does this mean? To better understand my process, here is a 30 second history lesson.
02:02Before 1913, Ford cars were made one at a time, meaning one crew of men would work on one car at
02:08a time, complete it, and then work on assembling another car. Ford realized that this was an
02:13inefficient way to produce these cars. And in 1913, he introduced the assembly line to produce the Ford
02:19Model T cars in the most efficient way yet. With this new assembly line, each worker would
02:24specialize in one task. The cars would move on a conveyor belt and the workers would stay stationary,
02:29performing their specialized task on each car as it moved on the conveyor belt in front of them.
02:34This helped to cut down on wasted time caused by switching in between processes. While it's of course
02:39not the same exact thing with reselling, I realized that I could still adopt some of Ford's principles and
02:44apply them to my own business. All right, so I was actually always fascinated at how this conveyor belt
02:49and batch working process really revolutionized manufacturing. That sounds very nerdy, but I
02:53always thought it was pretty cool. I remember learning about it in history class. And anyway,
02:57I wanted to incorporate this into my own business. So one night when I was feeling extra lazy or not
03:02extra lazy, but where I, it really hit me that I was procrastinating a lot and the fear dawned on me
03:08that I might be making $5 an hour without even knowing it. So after having this existential crisis,
03:13I decided to try to find a way to apply Ford's principles to my own business. The first thing I did
03:18in this one night was I wrote down every single step of the reselling process in a very granular
03:24fashion. And this sounds boring writing it all down, but I would argue that this step is arguably
03:29more important than the actions themselves. And let me explain why. So I sat down and wrote out all the
03:35steps exactly how I do it. And when I started writing it out, I actually realized a lot of the places
03:40that I could cut out time and be more efficient. So when I wrote it all out, I thought about the steps in
03:44terms of steps that could be batch worked. So what I mean by that is same thing as for model T-ing it,
03:49model tailoring it. If I take 30 items of clothing, what is a step that I could do to all 30 items of
03:55clothing at once? And then another step I could do to all 30 and so on and so forth. So the list,
04:00at least how I do it came down to eight steps. One is sourcing, two processing, three photographing,
04:05four cataloging, five editing the photos, six drafting the items, seven listing the items,
04:12and then eight shipping the items to the customers. So all of these steps were things that I could do
04:16all at once to let's say 30 items, except for shipping, because I'm not going to sell all 30
04:20items at once, but every other step really could be batch worked. And once I wrote these steps out,
04:24it was time to start timing myself to see how long each step of the process took me. So let's break it
04:29down by time spent per item. So beginning with sourcing, step number one, that really varies for me,
04:34but usually I'd say on average, I spent about three hours per sourcing trip. And I usually come home with an
04:39average of 60 items or so. If it's a dollar tag day, I'll come home with like a hundred items.
04:43And if it's a different kind of day, I'll come home with maybe 40, but about an average of 60 items.
04:48So that's about three minutes per item on sourcing. The second step is processing. And what that means
04:53for me is one, taking a picture of the Goodwill tag, the price tag. So I know exactly how much each item
04:58costs me, cutting it off, and then throwing that article of clothing into a designated bin to categorize it.
05:03So I'll throw all tops or shirts into one bin, all bottoms and jeans into one bin, that kind of thing.
05:08So that way, when I get to the photographing step, I know I'm taking out, okay, we're going to do 30
05:12tops today. We're going to do 10 bottoms today. So the processing step only takes about 10 seconds
05:17per item. Cause it's really just cutting a tag off and throwing it in a bin. It's easy.
05:20The third step is photographing. So here I combine the steps of me modeling the item,
05:25as well as taking actual photos of the item itself. And this process, combining those two actually only
05:30takes about two minutes. And that includes me taking off the top and changing into another top.
05:35So I've really cut down a lot of time in this category. And in fact, I made a video
05:39on how I model my items. And in that video, you can kind of tell that I have the same five poses
05:43down for when I model items. So it really is a quick process for me. The fourth step is cataloging
05:47the item. So what that means for me is weighing each item, putting it into a bag with a number on
05:52it, and then inputting that into my Excel spreadsheet. And that takes about 44 seconds per item.
05:56The fifth step is editing. So I use Adobe Lightroom to edit my photos. I have created a preset
06:02myself that works really, really well for pretty much all the photos that I use. In fact,
06:06I'm going to have it up for sale very soon because people have been asking me about it. So
06:10might even have it for sale by the time this video goes out. I'll let you know.
06:13But basically in Lightroom and using my preset, I can literally just copy and paste the same setting
06:17on every single photo. So that only takes about 10 seconds per item to edit the photos. Not bad.
06:22The sixth step is drafting. And what that means for me is taking all the photos and putting them into,
06:27I use Vendoo, which is a cross listing platform. So from Vendoo, I can post on Poshmark, Mercari and
06:32eBay all at once. In fact, I have a link down below for Vendoo. If you want to use it, you get 25%
06:36off your first month. And then during the drafting stage, I also input the weight as well as my cost
06:40of goods. So what I paid for the item. And that takes about 40 seconds per item to draft. Seventh
06:45step is listing. And of course, what that means is filling out the description, filling out the color,
06:49all this item specifics, and then listing it on Poshmark, Mercari and eBay. And for me,
06:54that takes about two minutes and 30 seconds per item. And then finally shipping once the item
06:58actually sells, and then I pull it out of my inventory and then ship it to the customer,
07:02that only takes about 50 seconds per item. So the total adding up all these steps is 10 minutes
07:08and four seconds per item. For simplicity, let's call that 10 minutes. By the way, in case you're
07:12thinking about doing this, which I think you should, we'll get into pros and cons in just a little bit.
07:16But if you're thinking about doing this, I do not recommend timing yourself when you're doing it at robot
07:20speed. So all of these speeds that I just, and timing that I just explained to you guys,
07:25was not me doing it at an unrealistic speed. I was sure to time myself when I was doing it at a,
07:30you know, a good speed, but a sustainable speed, because there's no point in like trying to race
07:35the clock when you're timing yourself for this, because you know, you're not realistically going
07:39to be able to work that fast all the time. So that's how long it took me in each of these steps.
07:42If I was working robot speed, I probably could have cut these times in half, but that's not realistic.
07:46I'm never going to work super fast. Now let's get into the fun stuff. So I average about $18.40
07:53profit per item that I sell. Profit, not sales. My average sales price is about $30. Average profit,
08:00$18.40. So if I can, from start to finish, source an item, photograph it, get it listed,
08:06ship it out, all that good stuff that I just explained in 10 minutes per item average, which means
08:11I can do six of those an hour because 10 minutes and then 60 minutes an hour, I can do six of those
08:17an hour. Then six items per hour times an average of $18.40 profit per item equals a little over $110
08:26per hour. Yes, I realize this is assuming that all of my items will sell. So let's take a look at my
08:31sell through rate. Technically speaking, your sell through rate is the ratio of items that you sold
08:35over the items that you received from a manufacturer and business and how it's used in reselling
08:39practically is pretty much the same. It's just, you know, the items that you sell over the amount
08:42of items in my case that I listed in a certain period of time. And for me, I'm looking at my
08:47sell through rate in a 60 day window. So that's two months. You could use any amount of time for
08:51your sell through rate. You can use one month, 30 days. That makes a lot of sense too. But for me,
08:54I'm using 60 days, a two month period. And for me within a 60 day window, I sell about 80% of the items
09:01that I list within 60 days. So my sell through rate within 60 days is about 80%. And that varies
09:07month to month, but about 80%. So if you take 80% of my average profit of $18 and 40 cents,
09:13you get $14 and 72 cents. So within the very moment that I list an item on Poshmark eBay Mercari,
09:19I could realistically say that I could expect $14 and 72 cents of profit within 60 days. However,
09:26I'm confident that eventually all of my items will sell. So that's why I'm using kind of this 100%
09:31sell through rate and using my $18 and 40 cents profit per item to arrive at that $110 per hour.
09:37I hope that makes sense. So what if I made this a full time job? Well, $110 profit per hour times,
09:43let's say a 40 hour work week times, let's say 50 weeks a year to account for two weeks of doing
09:47nothing. That equals $220,000 a year profit. All right. Is this realistic? Absolutely not. For one,
09:55personally, I would get burnt out AF if I was working eight hours a day on reselling. Personally,
10:01just personally, especially in this like very efficient and systematized fashion. Yeah, no,
10:06couldn't do it. It already takes a little bit of the magic and the fun out of reselling if you do it
10:10in this model tailored, systematized fashion. So this kind of begs the question, what are the pros
10:15and cons of model tailoring your system? Spoiler alert though, I think there are more pros,
10:19but let's get into them. Pro number one, you can literally know exactly pretty much how much you're
10:24making and profiting per hour of your labor. Not that you should always be looking at reselling
10:28like on an hourly wage basis, but I personally think it's really helpful to look at it that way,
10:32especially because that one night when I was worried about, oh my God, I'm procrastinating so
10:37much. I'm only making $5 an hour. This literally tells you how much you're making per hour. And it was
10:42more than $5. Two, and I think this is the coolest one. You can literally predict how much fruit you can
10:47reap from your labor when you sit down and actually do it. Meaning if you sit down and list 30 items and you
10:52know your average profit per item and your sell through rate, you can pretty confidently say,
10:56wow, I just sat down and listed 30 items. Now within 60 days or 30 days or two days,
11:01I can expect X dollars of profit from the work that I just did. Sick. And this is especially useful
11:06in the business of reselling, which is a very delayed gratification focused business because,
11:11you know, your items don't usually don't sell the next day. It usually takes a month or two months
11:16or whatever it is for you. It takes time for items to sell. So this delayed gratification,
11:20it's really nice to be able to kind of predict your profit from sitting down and doing work now,
11:24predicting your profit that you'll see within a month or within two months. So there is that delay.
11:28And this is a really helpful tool to have knowing that there is that delay, if that makes sense.
11:32It's also cool because if you're ever saying, Oh, I don't feel like photographing. I don't feel like
11:37I don't feel like it, which I get. I almost never feel like it. You can tell yourself, well,
11:42I could work for 10 minutes or I could work for an hour and make $110 profit, or I could forego that and not
11:48make any money and be a potato. So that's a pretty big pro. Third, this is a little bit more of a
11:52flowery reason, but you really do learn about yourself, your business and kind of how you run
11:56it as a person. Plus, you can also identify bottlenecks and see where you could maybe outsource
12:00a certain step. A con is that, as I said before, it kills the magic just a little bit because, you
12:05know, reselling, at least for me, it started as a hobby. And when I started to really systematize and
12:10model tailor my process, it became more of a business for sure. I still have fun with it, but it definitely
12:14became more of a, okay, how can I look at this from a business and, you know, efficiency
12:18perspective? Because there is something kind of fun about listening to music and wasting a little
12:22bit of time here and there when you, you know, do your thing. And I still do plenty of that. Don't
12:26get me wrong, but that is a con. But personally, in case you can't tell yet, I think that this con
12:31pales in comparison to those big pros that I already mentioned. And I've learned a lot about myself as a
12:36business person and how I run my business and how I can outsource things and all that good stuff
12:40from doing this model tailoring process. So am I saying all this to brag $110 profit per hour?
12:47Maybe a little bit. But I'm also making this video and saying this to you guys because I know
12:51seeing this video would have been very helpful to me when I first started reselling. Because like I
12:55said, I used to lollygag a lot. I mean, I still do. But when I actually feared that I was making $5
13:00an hour, I needed this. I needed to systematize my process and really look at where I could cut out
13:05wasted time. So yes, I would recommend that you also go through this process, even if you have your
13:09business model already really nailed down. I still think there's a lot of value to be gained
13:13by model tailoring your business. Not that you should be aiming for the same exact time or same
13:18exact profit per item that I'm getting. Yours might be a lot higher than mine. But I still, like I said,
13:22think it's very helpful to do this to learn more about yourself as a business person, but also to be
13:26able to know your expected profit when you sit down and actually list an item. I think that's a really
13:30powerful thing to know. Sounds cheesy. And is it realistic to always be working in a 100% efficient way?
13:36Of course not. I really don't time myself anymore because I already know my baseline from doing this
13:40experiment. And a lot of the time I still find myself going down a YouTube rabbit hole when I
13:44should be listing items. But it is helpful to know my potential and to know that when I actually buckle
13:49down and do the work, I'm profiting about $110 per hour of my labor. Like I said, please obliterate the
13:55like button down below for the YouTube algorithm. I'd really appreciate it. And subscribe to my channel
13:59if you're not already. Again, big thank you to all of you guys who are here from watching me on
14:04Graham Steffen's podcast, The Iced Coffee Hour. I'll link it above if you haven't seen it already.
14:08I had a really nice time with them and it gave me a whole new audience, which is awesome. And as
14:13always, would love to hear from you guys in the comments. I respond to almost every single comment
14:16now. I'm getting a lot from my new audience members, which is so nice, but I love hearing from
14:21you guys. So leave me a comment down below as well. Whatever you want to say, just say hi. I don't
14:25care. But anyway, I will see you guys next time and thanks again for watching. Peace.
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