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Wtrout

@wtrout

Challenge Entry

How to make $7000 in 3 weeks

1. Presell a Paraglider Experience for 8k with a $1000 dollar discount to the first 5 that buy. This covers time and any advertising you might do.

2. Flip cars on craigslist and or Marketplace

3. Coach mentor 7 people in a skill you have for 1k each for 3 weeks. Offer 2 1-2 hour meetings via zoom or in person if possible per week.

4. Offer the seller 8k payable in 60 days after you take possession of the paraglider and use the paraglider to offer rides and or training.

0 Like.4 Comments

196907

Comments (4)

kriscalulo89 @kriscalulo89

Oh I didn't know a Paraglider experience can cost up to $8,000. That would be a good business to do.

Reply0

wtrout @wtrout

I have seen similar experiences go for that range. It would depend on the package. Training/lessons, location and marketing would play a big factor in overall cost. Even preselling several packages as a lessor cost based on demand would work.

Reply0

chantelle @chantelle

When you flip cars, do you buy second-hand ones and fix it to sell it for a higher price?

Reply0

wtrout @wtrout

Generally it’s second hand cars. Have them checked mechanically for about $100 to not get a total lemon. Find someone motivated to sell and negotiate them down. A good wash, interior clean will do wonders. Small fixes if it will add enough return on investment, generally not worth it though. Look at the location and market to see what’s selling. Right now used cars are selling higher than ever so be on the lookout but don’t pay to much and be ready to deal in cash. Be safe and meet at a police station if there is any question in your mind for the exchange. Time is your friend if you have it. Buy low, sell high and be patient this market will bring you customers. Craigslist (free to list), Facebook marketplace (1 free listing per month then you pay), neighborhood (1 free listing then $5 per) are all apps to use or park it near a major highway. If you don’t know how to negotiate pickup Never split the difference by Chris Voss or listen to it for free on hoopla app. Start small and trade up and get experience. Again always be safe as it’s a cash business let people know where your going, if possible bring someone with and who your meeting and try to do exchanges at a police station.

Check your area, send me what you find for your first one and I will give you some pointers if you want. Then your off to the races.

Sorry if I missed anything I typed this real quick on my phone.

Best regards,
Wayne

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Wtrout

How to make $7000 in 3 weeks

1. Presell a Paraglider Experience for 8k with a $1000 dollar discount to the first 5 that buy. This covers time and any advertising you might do.

2. Flip cars on craigslist and or Marketplace

3. Coach mentor 7 people in a skill you have for 1k each for 3 weeks. Offer 2 1-2 hour meetings via zoom or in person if possible per week.

4. Offer the seller 8k payable in 60 days after you take possession of the paraglider and use the paraglider to offer rides and or training.

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