E34. How to Start & Scale a Six Figure Reselling Business
Manage episode 411696761 series 3560931
Milo Wilkinson is an entrepreneur. He co-founded Crep Chief, a brand that has made waves in the trainer and streetwear community. As a content creator, Milo shares his insights through podcasts and YouTube videos, engaging with a global audience. His passion for creativity, business, and community building shines through his work, making him a prominent figure in the industry. 🌟
Crep Chief is an industry-leading reselling tool that redefines the reselling market. It provides lightning-fast monitors, allowing users to be the first to know what to buy and when to sell, maximising profits. It's a game changer for side hustlers and people wanting to make quick cash with minimal time spent. Most products can be returned to the seller so little risk is involved. Listen to this podcast for all the things you need to know if you are looking to get into this new evolving industry, where Milo is at the forefront.
Milo sits down with four equally motivated entrepreneurs who all co-founded several successful businesses and together they give hints and tips and talk about all the pitfalls of being born hustlers with the fire of making money deep in their souls. If you want to feel the emotions of earning £17 000 per minute then put your earphones in and shhh! Don't tell everyone, you’ll start a stampede
Things discussed are:
3:10 Kevin the carrot, a viral Aldi stores mascot and the huge earnings people coined in.
4:36 What the covid era did to new business and how it changed the ecosystem of the side hustle and pushed people to get into reselling.
5:20 The money glitch.
7:25 Buying Yeezy trainers, why, where, when and how and the profit process.
11:25 Buying and reselling Airfryers in lockdown, how the economy when nuts.
14:00 Jake Waters discusses a side hustle with the emergence of online gambling incentives and how from playing the system he earned quick fire cash banking 1000’s, this led to him being refused a mortgage because his bank thought he was a raging gambling addict.
17:00 Buying on plastic, using credit card money to buy things interest free and the hustle of Amex points where you can transfer funds about to earn free money,
18:00 Being good in business is only half the battle, being in the right place at the right time also helps! Surround yourself with people who are motivated and hungry like you and don't be afraid to cut the dead weight.
23:20 Milo shares the buzz he felt with The Multipliers Club and how that almost hypnotic feeling of earning £17 000 a minute made him focus harder and work smarter.
32:40 The importance of reselling photos and how just short video clips that are well lit put you head and shoulders above the rest.
38:13 Sam Warrington tells the group about the hilarious story of when one of his rental businesses became compromised by the sex workers and how their entrepreneurial skill outsmarted him to get free rental bringing their overheads down, no pun intended.
The Multipliers Club is home to young and hungry entrepreneurs driven to achieve their very best through personal and business development. Join your hosts and best mates, construction entrepreneur Joe Todd, social media agency owners Luke Harvey and Sam Warrington, and luxury travel expert Jake Waters, who share their insights into the modern entrepreneurship journey as young founders and business operators who like to work hard and play hard. Plus you will hear the lessons and learnings from a selection of their handpicked, respected business expert guests.
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