If you knew a way, a certain way, of making profits that begin at 30% and go all the way up to 250% and even way beyond, that’s without knowing what you were doing, would you jump in?
That’s where we found ourselves in the Textbook season at the beginning of the year. We simply could not believe the profits that were available to us even though we had heard about it in our training. At that point we understood very little about how to deliberately profit from it.
Now that we are coming into another textbook season and know what we’re doing we are primed to make even bigger profits. How fun is that?
We have joked that a trained monkey can make a lot of money in textbook season. ‘Jackpot city’ is a wonderful place to be when you are ready and the market is ready too.
Quite apart from the money that we made in the January/February textbook season and will make again shortly in the summer textbook season, it is exhilarating to watch the frenzy of sales and dynamic movement of profits on books.
The book market in July/August, when all the college kids return to school, is a hotbed of activity and I can only imagine (never having worked there) that it feels similar to the New York stock exchange on a bull run day, only the textbook market lasts over a month but with certain profitable outcomes.
There is no gambling. It’s purely a question of supply and demand and being in the right place at the right time to meet those factors. Since we keep building our inventory then textbook seasons to come will only grow in profitability. It’s a rinse and repeat system.
For example in our first textbook season we had 54 books in our inventory and we sold 22 of them which blew our minds at the time, one of our books was for a profit of 250% as mentioned above. For this season, August/September, we have 400 books so you do the math. Going forward it will only continue to grow.
It is exhilarating to source great quality books at great prices for our customers. To provide a service where they can get amazing value which then adds incredible profits to our bottom line is a win-win which is our lane for sure.
Book trading and arbitrage is a massively profitable business all year round as we are finding out but textbook season is a phenomenon which has to be experienced to be believed. It is amazing.
“The natural phenomenon of the universe is so mind-blowing, but you have to know about it. You have to be curious. You’ve got to find it on your own. If you’re lucky, you do.” ~ Richard Linklater ~
To create financial freedom and independence in such a systematic, certain and scalable way is magical to us. Our entry level was low and thereby risk free. The pace we go at is our choice. The rate of scalability is our choice.
Our profitability is in direct proportion to our application of what we have been taught. So we are in charge of where we are and where we go from here. The exciting textbook seasons are exhilarating focal points for the year that add incredible fun and profitability to this business for us.
Our ability to engage in this business from anywhere in the world and make money brings with it not only money freedom but time and location freedom too.
I don’t know about you but working for ourselves from anywhere in the world in a business that is so predictable and profitable not to mention easy is the sweet spot for us.
Next, I’d love to talk to you about the power of accountability and how that has directly accelerated our progress in book arbitrage.