BUYING AND SELLING, IT IS WORTH THE RISK?

PRECISE PURPOSE OF BUYING AND SELLING

Buy low, sell high. Every entrepreneur’s mindset before starting a buy-and-sell business must be to buy low and sell for higher price. A low capital Is needed to start a buy-and-sell business.

EASY TO MANAGE

Buy-and-sell business is easy to manage. It depends on the commitment of the owner. If he/she will manage it as a part-time or full-time job. Another reason why buying and selling is easy to manage is it can be managed from home. You can manage your own business and at the same time you can spend time with your family.

DO YOU THINK YOU DON’T HAVE THE SKILLS?

Honestly speaking, you need special skills in managing or starting some business and for it to grow and survive against competitors. But in the case of buying and selling, motivation and dedication is the key of success. With these two, you can be a successful entrepreneur.

HOW TO START AN ONLINE BUY-AND-SELL BUSINESS?

With a low cost of capital, you can start your own online buy-and-sell business. You can buy new cheap in-demand items that you can sell for higher price. You can also buy some used items and sell it for higher price. Got some things that you don’t need anymore? As long as it is in a good condition, you can sell it and earn yourself some extra cash. With the technology today, everything is online. It is up to you on how will you advertise your business every business is started from the bottom, for example, ikawna.com.ph is a buy-and-sell website in the Philippines with ads and different item categories today, ikawna.com.ph is composed by only buying and selling but it has now servicing photography and other media related work and different printing services. As I said a while ago, motivation and dedication is the key to success in this kind of business.

IS IT WORTH THE RISK?

Risking for any kind of business is a part of an entrepreneur’s career. If you don’t risk, you will never succeed. Your mindset must be always positive and always think that you will earn and all of your efforts will be paid off someday. In pursuing a business, there is only two outcome, either you will succeed or you will fail. If you succeed, then good for you, but if you fail, better luck next time. More importantly, buy-and-sell business has limited financial risk involved. If you decide to quit, or the business itself is not working, you can simply sell off the stock, in that case, eventually, you can get most of your investment, and try another business that will suits you the best.