Profits Everywhere

The ability to sell lots of good quality very cheaply sourced books and to turn them over for profit just makes sense.

“There are so many opportunities out there when you take a peak outside the box.” ~ Unknown

One of the areas of growing interest in book arbitrage is local sourcing. By that I mean, attending local thrift bookstores, library sales, college campuses & book fairs etc. and picking up books for $0.50c – $1.00 and selling them online for $12.00-$15.00 in a lot of cases & for $80.00-$100.00 in fewer instances but those are still available.

photo of book collection on top of table

The profit margin on the smaller priced books in themselves (in small volume) are not earth shattering after fees etc, however from a business ROI standpoint are still pretty healthy.

As discussed in previous blogs, to date some of the main reasons US based Book Arb business owners local sourced was for the benefit of feedback which is incredibly valuable in your health score but also for the benefit of velocity of sales.

In short, a busy store brings more customers. Amazon rewards busy stores with more customers.

The ability to sell lots of good quality very cheaply sourced books and to turn them over for profit just makes sense. Increasingly some Book Arbers in (and outside) our community are specializing in this model as way of creating compounding sales and profits.

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It’s a question of volume with locally sourced books but you get the picture. Truckloads of good quality cheap books sold quickly and easily every day doesn’t take long to grow into a big operation and big success.

Our US Book Arb community have the ability to physically local source, very inexpensively, adding this wing to their business. They store the books at home then when sold they pick & pack and ship the books to the customers themselves saving costs & making money.

Obviously there is more effort off-line with this model in the U.S. but this too can be outsourced & automated over time which is another huge benefit to the book business.

“Always think outside the box and embrace opportunities that appear, wherever they might be.” — Lakshmi Mittal, Chairman & CEO of ArcelorMittal

Even we as internationals who cannot physically local source are working on ways of benefiting from this avenue of income because of the ability to automate it.

We are members of a team of international sellers (from our Book Arb community) who are actively working on cost effective ways to add this structure to our business.

Initially we didn’t focus on local sourcing as a form of additional income that was feasible for us. Now we realise the potential in it for our business especially as it is something that we can set up once and then enjoy automated profits and sales on a continuing basis.

apple devices books business coffee

As internationals we have even tighter margins involved in local sourcing (they’re already pretty tight). We have additional costs of paying locals to find the books for us, the warehouse costs to store the books then the pick & pack fees when the books sell.

However, this method once set up will be hands off for us which is a huge benefit. We love automation, it’s automatic, hands free success……

“If opportunity doesn’t knock, build a door.” ~ Milton Berle

In the next blog I will discuss the benefits of being mentored by the best in the Book Arb business & why it’s so important to continue learning and growing.

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Radio Silence Up to Speed

When challenges come they are what is best for us i.e. learning curve, correct and continue and when triumphs come, we enjoy more achievements which equally build character and that is what is best for us.

If you will allow me I would like to bring you from radio silence all the way up to speed by sharing with you our journey since the late fall of last year.

red and blue hot air balloon floating on air on body of water during night time

Firstly, I must apologize for the prolonged radio silence that has occurred here. It was neither planned nor expected. We experienced some curve balls at the end of last year and equally amazing breakthroughs in our book business which speak to the challenges and triumphs of being in a business that comes with such certainty.

Perhaps, curve balls concentrate the mind and lead to bigger strides than one might imagine. It certainly has in our case. But then we have had a lot of help with this.

“When life throws you a curve ball, don’t let it knock you down and keep you down. Get up, re-adjust, brush yourself off, and keep it moving forward.” ~ George Bronner

Firstly, the curve balls. We had set up a campaign to bring this opportunity to more people as it has changed our lives completely and yes we were to be financially compensated for that. Being paid to help people, my favourite thing!

Even though we worked with some very talented people, after a lot of work and thousands of euro the campaign completely failed. I mean tanked utterly. It was a surprise to us and obviously disappointing as we poured ourselves emotionally, professionally and financially into this project.

Project Empowerment i.e. our social marketing campaign surrounding this opportunity came to a temporary hard stop. We had failed to reach the people we desired to help the most.

Next, Amazon changed some of their algorithms which impacted widespread stores in their larger store. This change which has since been fixed but went on for 3 months or more really effected the sales and momentum of our relatively small store.

“Failure is not to be feared. It is from failure that most growth comes.” – Dee Hock

So, when challenges come they are what is best for us i.e. learning curve, correct and continue and when triumphs come, we enjoy more achievements which equally build character and that is what is best for us.

In retrospect, this algorithm change also took care of a lot of our competition as we rode the wave and emerged unscathed. In short, everything is always working out for the best.

person typing on laptop

With this business we have found that all that is required is an internet connection and a work ethic to ensure all but certain wealth. Let me explain further.

Right when the firestorm was raging and our funds had been diminished and our store was at a temporary standstill we went to Atlanta (we live in Ireland) to meet up with our Book Arb community for their first ever live event. Talk about another game changer.

Here we met with Jon Shugart & Luke Sample in person and they far exceeded our expectations yet again in their genuineness and approach of going above and beyond to help our community. These guys have already made it and yet they showed up just to help us grow and to share all their tips and tricks with us. And to knock down even more hurdles, more on this later.

Furthermore, we met their mentors who have become our friends since and we didn’t just meet them, we spent the entire weekend with them learning from the best of the best how to make even more money in this business.

“Find a great mentor, someone who has already been through the many challenges of being an entrepreneur.” ~ Jodi Levine

To me, it was like having multiple Bill Gates teach us exactly how to grow our individual businesses with specific tools that expanded our businesses there and then. Did I mention this event was free?

That weekend of collaborative wealth building was another game changer in a long line of game changing experiences on this journey. The momentum since that weekend is still being felt by us.

Into the New Year, roll on another bumper textbook season in January and more epic sales and momentum for us may be worth a mention as our recovery built up some speed.

Whilst textbooks sell all year, as I shared before in previous posts, there are three bumper seasons where hundreds of millions of students buy extra books for college courses. We know what they are looking for and where to sell them.

I haven’t even gotten to the best part yet. Whilst we were in Atlanta, Jon & Luke launched new software which expanded our ability to sell more products other than books on multiple sites.

Now, we can sell a much wider range of products using the skills we have already developed in selling books and on more sites and not just Amazon. I still love selling on Amazon but being able to sell any number of products on any number of platforms means that we can make more profits and are no longer dependent on Amazon as our only marketplace which takes care of our recent challenges. Did I mention there was no charge for this either?

Whilst we are still focusing on our bookstore right now, because we are mastering our skills in this first, our horizon is expanding before our very eyes as these opportunities are available to us and to everyone in our Book Arb community.

“I was lucky to be in the right place at the right time. But many others were also in the same place. The difference was that I took action.” ~ Bill Gates

Being in the right place at the right time doing the right thing with the right people totally rocks! I love it that it’s open to everyone too as there is no elitism in our community. Anyone with an internet connection and a work ethic can be as successful as they like.

There is still more to share about the past few months in the next post but I trust you are getting a sense of how blessed we feel to be where we are and to have the ability to do what we do. It isn’t rocket science, it’s step by step wealth creation with our friends.

Next, I will share more of our experiences that are thrusting us forward to our goals and how you can do it too.

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Success Made Certain

With our minds set for success and a phenomenal money making business model our success is inevitable. No stress, just success. It doesn’t mean we don’t meet challenges. It just means we move through them because we are on our way back to where we’ve been and we are enjoying the journey along the way.

“If you can see it in your mind you can hold it in your hand.” ~ Bob Proctor

Since we created in our minds what we desired to achieve with book arbitrage before we started we have a very clear vision of what that looks like and the ways to achieve that.

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Because this vision is so clear it is easy, well much easier at least to accomplish. We created a road map and it would feel way more painful to stop now than to keep going.

That is for a few reasons. First, we are creating more money everyday so why in the world would we stop? Second, the decision and triumph has been experienced internally that this is the easiest and fastest road to wealth creation for us so that is what we are living. Third, it would cause us more pain to stop now than to continue on the road to certain wealth.

Let’s just consider that last statement for a moment. It would cost us more to stop now. I’m not talking about the financial cost here although as I said why would we stop this money machine now? The internal price to ourselves would be too high. It would be like pulling out of the gold medal race when we were set to win.

As brilliant as the system is and it is brilliant, if there are doubts built into the mind then it can sabotage and delay results. It can cause frustration and hesitation. Without a clear map then it could be easy to get lost along the way and the mind could throw up excuses when challenges come and offer reasons to give up.

Can you imagine what that would feel like? You have the prize in your reach and you decide not to cross the finish line. Now that would be painful and illogical.

It would be very uncomfortable for us to even consider let alone do. When we apply that principle to achievement of success i.e. that it would be more painful to stop than to keep going then guess what? Success is certain.

“You get in life what you have the courage to ask for.” ~ Oprah Winfrey

Our minds have accepted it as done and lights up the path for us. Pulling out of the greatest opportunity we’ve ever encountered would make no sense on any level. That is the way to create certain wealth. With that kind of knowing. We’ve seen the end result in our minds so it is easy to reverse engineer the steps and then move forward.

With our minds set for success and a phenomenal money making business model our success is inevitable. No stress, just success.

We get up every morning and simply move the needle towards the next step, and the next and the next….

It doesn’t mean we don’t meet challenges. It just means we move through them because we are on our way back to where we’ve been and we are enjoying the journey along the way.

Be sure to be clear about the kind of success you desire to create with book arbitrage and every other opportunity in your life. Be certain that it brings happiness along the way as well as with the final destination.

Why go if the trip itself isn’t delicious? Time is the one thing we do not get back so it is important that you consider the time you give this as valuable and worthy of your attention and effort.

Once you are clear with this and with the outcome you desire then success is for certain for it is on your terms.

Next, I will discuss the power of going to give and the benefits of that in my journey so far with book arb.

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So What is Book Arbitrage?

Buy low, sell high! Can it be that simple? Yes!

In a nutshell,  we source good quality low cost used books for our customers, upgrade them and resell them at a great price. There are literally millions of books available to buy on-line.

pexels-photo-270571.jpegWe do not have any physical inventory. We buy books on-line and have them shipped to a book preparation centre (there are lots of great book prep centres to choose from) that confirms or denies the condition of the book, upgrades them where possible, and then send the books into Amazon and other on-line booksellers at our request. So far as international sellers we sell our books through Amazon and as we grow we will expand to include other sellers.

For your information used books are typically described in the following conditions, Used – Acceptable; Used – Good; Used – Very Good and finally Used – Like New. This is great information to have and you price accordingly for profits.

Where do you find books at great deals? The software offers allows you to find amazing offers at speed. Without it you could find great deals but it could take much longer. The software hones the search through filters that you set depending on your budget. This is what separates this software from others in the market along with the training and ongoing support.

Within two weeks of training you can be up and running. Where else in the world can you learn a completely new business model and be open for business in that time-frame? I don’t know of any and I have looked. That is what has been transformational about this business for us. From the very beginning we have been making money.

We sold our first book within 10 weeks of being open for business. 2017 12 15th - 1st SaleIt may not sound like much but after years of not making any money on-line we celebrated this sale with aplomb. When you can sell one book, you can sell any number of books. It hasn’t been all plain sailing and I’ll share more on that in another blog but this first sale changed our lives.

What I have found most astonishing about this training is the on-going support which has proved invaluable. Twice a week every week we have access to Jon and Luke with live training sessions via a webinar. This is unbelievably valuable because we learn something new from every session. All the most successful people who are using this business model say the same thing – keep learning.

On these sessions we can ask any questions and have them check our books live on air. Amazing! Experts looking over our shoulders at our inventory. Also, for an additional charge we have availed of our own private mentor which has accelerated our business understanding, growth and success.

Additionally, we are supported and support others through Facebook. This is a community of cheerleaders and everyone shares tips and tricks with everyone else. The market of book sales is so huge that there is an abundance of room for everyone, so everyone shares their wins, their challenges and within an hour most days we have any and all of our questions answered. Many programmes speak about an active community. This is by far the most generous, kind, informative community I have ever encountered.

So, in short, we signed on for training that had us up and running within two weeks, a whole new business. We receive on-going training every week. We have a community of cheerleaders who share their wealth of experience with us and us with them. We are in charge of our financial destiny – priceless!

Compound interest is the eighth wonder of the world. He who understands it, earns it….he who doesn’t…pays it. Compound interest is the most powerful force in the universe.           ~ Albert Einstein ~

Here’s the real kicker for any entrepreneur…this business is really about flipping money. The books are the vehicle for flipping. Where else can you buy stock starting at less than a dollar all the way up to $500-$600 and get an average of 100% ROI (return on investment) sometimes more and sometimes less. The compounding effect of this business is extraordinary. Where else can you place your money and receive that level of return in such a short space of time?

Whether you are starting off with a big budget or with a smaller budget, as we did, as long as you follow the system and keep rolling your money over and over you will be successful. The results of our fellow booksellers as well as our own is predictable and sustainable.

Book arbitrage has been a game-changer for us and I haven’t even shared the other insanely profitable side of the business yet – book trade-ins. Hint: Free money. That’s for the next blog. Welcome to the party!!!

Ask me any questions you have below and I’ll be happy to answer them.

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The Journey Begins

Documenting the creation of our online-business

Thanks for joining us!

The purpose of this blog is to document and create an easy path for others to follow who choose to create financial freedom through book arbitrage (buy books low and sell them high). My name is Yvette and I am married to Tom and we are successfully buying, trading & selling books on Amazon.JM4J8177BW

A little bit about us. We live in Ireland and have been married for 22 years. Tom works in broadcasting and my background is in personal development and serial if unsuccessful entrepreneurship. That was until last October.

“Good company in a journey makes the way seem shorter”   ~ Izaak Walton ~

We began our journey into book arbitrage and book trading after watching a webinar. So, what made this opportunity different from the many hundreds of emails promising financial freedom? Intuition and the guys themselves, Jon Shugart & Luke Sample. Previously, I had vowed that after a litany of failures in on-line business that it would take something really special to get me to saddle up again and this is that something special.

Over the years I trusted the sales person on the other end of the email, who promised an easy certain way to create financial freedom, but with no success. If that has been your story, then I can relate. However, I am happy to report that those days of disappointment are behind me and we are now in the exciting process of creating financial freedom and forever money for our families.

There is an unnecessary indignity experienced by those who cannot pay their bills on an ongoing basis that is very familiar to me. Maybe you know that all too well yourself. You are doing everything right and trying to pay your bills but it’s not enough. It’s not that you can’t afford a second holiday for the year, it’s that the bailiffs are coming to your door and you have no way of paying them. You are faced with another week of adding water to your stews to have another dinner for yourself and your partner.

When this is your experience for years, your lifetime and not a temporary dip your soul can feel suffocated and your dreams lie in shatters. Especially when you know that the only thing between you and financial magic is mindset and the right opportunity. Welcome home if that is your story. You could be about to write the dynamic chapter in the financial section of your biography.

Further on I will explain in detail what book arbitrage is and how we make money with it in step by step ways. I will share the mistakes we’ve made and the highs we experience as we make money with certainty from the comfort of our home, scale our business and create the life of our dreams.

So why blog about it? In short, because part of our purpose, mine and Tom’s is to empower others to create real world financial security. The best way we know to do that is self-creation and with book arbitrage as long as you have a computer and an open mind you can do it.  We love that. The reason we resonate so deeply with Jon and Luke is because of that common goal and in other blogs I will share how they have gone out of their way, in quiet ways to help us personally.

For the record, myself or Tom have not designed this training or software. That is what Jon and Luke have done. We are happy to ride on the shoulders of giants to facilitate our financial goals and to be the catalyst for you to reach yours. Our mission is to empower you to create the life of your dreams with the financial part taken care of through book arbitrage. We actively work on 13 different areas of our lives, more on that another time. Book arbitrage with the software the guys provide is the fastest and most successful way we have found to move the needle in the financial part of our lives with almost no capital and to scale it to unbelievable heights. Are we there yet? No. Are we on our way? Definitely.

Let me be clear. We have added an affiliate link below and should you feel inspired to purchase this software and training and change your life we would be very thankful for your trust. Beyond the bottom line of euro and dollar amount it is amazing to be creating our own financial destiny – at last and to empower you to benefit from the same opportunities and for you to gain from our experience is the holy grail of service and fulfilment.

What you can expect here is our full commitment in blogging our experience (mistakes and victories), blogs on mindset which keep us on track in an easy manner. The mindset piece proves key as we meet challenges along the way as we expand our definition of who we are and the expectations that we miss, meet and/or exceed. Also, we are happy to share tips and tricks we wish we had known early on as well as screenshots of our milestones along the way.

Welcome to the part of your life that could read LIFE CHANGE in a big way should you decide to come along and join us on our journey to financial happiness.

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