Streamlining into a Slipstream

When we do the right things in the right order it makes them well, automatic. The trouble with habits or the way we habitually do things is that we do them on auto pilot. This can be very powerful when it is thought through and we choose our habits deliberately & our tasks on purpose.

When we started in Book Arbitrage we thought consciously about the importance of being organised because so much of this business can be systematized and handed over to let technology do a lot of the work for us. Love that! So we started this business with systems in mind.

arrows box business chalk

Recently, however, we realized that we needed to streamline (reorganize the way we perform our daily tasks) our business once again as we are getting ready to scale up to the next level i.e. automatically go from a multiple 5 figure business to a six figure business.

This was powerful & necessary to do so that any bottle necks (inefficiency in us or in our systems) could be removed to support maximum growth & eliminate any drag.

What we have done up until this point was necessary to reach this destination however,  new standards of operations are required for the next part of our journey. In becoming more conscious & efficient in our daily tasks & thus making them automatic, we are setting ourselves up for success in easier ways.

When we do the right things in the right order it makes them well, automatic. The trouble with habits or the way we habitually do things is that we do them on autopilot. This can be very powerful when it is thought through and we choose our habits deliberately & our tasks on purpose.

However, if our habits are unconscious, chaotic, disorganized or sporadic then those are the kinds of results we can expect in business too. Or even if were good up until this point, we require new habits to go to new places. Makes sense, right?

“A good system shortens the road to the goal.” ~ Orison Swett Marden

Scaling our business means scaling up our personal systems (the way we approach this) in addition to the required daily tasks.

How we have done this is? We formed a plan. Then we took action.

“Planning is bringing the future into the present so that you can do something about it now.” ~ Alan Lakein

Firstly, we looked at the way we were doing our daily tasks & made a plan to upgrade them. Without a clear plan, the way is not clear, it is a wish or a hope, but not a strategy. We had our goals when we started but we have revised them once again and are clear on our target, once again.

“The time to repair the roof is when the sun is shining.” ~ John F. Kennedy

Then, in order to maximize our return on our effort so far and to speed our book buying we culled the lists we were working from as we had set lots of Keepa alerts when we first started that were not profitable.

So that meant going through all our Keepa alerts (we had thousands of them) & deleting ones that were not profitable & resetting others to trigger in only good or better conditions. This was not sexy work but it is effective.

Next we culled our shopping lists. The monthly shopping lists we had set up where we kept record of what books to buy for the most profit in each month. We know this by looking at Keepa charts. This again was a laborious task but one that has made us much more efficient.

In the meantime, we changed our criteria for the ways in which we search for books. In this, our parameters are completely different now & much more profitable. It takes the same time to search for mediocre profit books and very profitable books. We chose the latter.

We worked on refining our searches with our mastermind group & we now all have become more disciplined & profitable in our searches.

“Deliberately seek the company of people who influence you to think & act on building the life you desire.” ~ Napoleon Hill

Next, knowing that a mini textbook season is coming up shortly, (May), where trade-ins are particularly profitable, using the Book Arb software, we have created our lists for trade-ins that we know can be very profitable so we are ready for that. Again, this took some time but is worth it.

Next, as I have discussed in a previous blog we changed our method for repricing and our daily objective with repricing which takes less time and is more profitable.

In participating in the Group Coaching and learning from world class coaches we have been fortunate enough to have found ourselves in their slipstream.

black and white nascar car

The definition of a Slipstream in “auto racing, it is the zone right behind a moving car. This zone has reduced air resistance and thus, allowing higher speeds…”

This has helped us to become very clear about where we are & what it takes to go to the next level.

This level of culling has inspired us to create a stop doing list as well. I have stopped answering emails & messages in the morning until I have both bought & sold (repriced) books. We are a book store, that’s what we do. This comes first every day.

Tom has been pivotal in all of these changes. We have been merciless in our approach to streamlining & streamlining once again until we have an efficient rinse & repeat operation working to maximum efficiency.

He has learned to load lists of books for sale & in our spreadsheets in one go as opposed to copy & pasting individually. This was thanks to a brilliant Book Arb community member who shared how to do this. This has saved hours of work.

person typing on laptop

He has overhauled our spreadsheets and we only have completely essential information on them now so the back end of our operations has become super efficient as well.

Our mindset has shifted so our approach to our tasks has become upgraded & streamlined. This has caused us to experience our own slip stream in addition to being buoyed by our amazing coaches in that we experience less resistance in our motion forward.

This is something that we can & will continuously revise, however, for now we are enjoying the feeling of freedom that comes with clarity & efficient success.

In my next blog I will share my daily work flow that has resulted………

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Book Buying Precision

The steps to the magic of buying, selling and trading books easily and consistently which is the same thing as saying making money easily and consistently.

“Nobody ever lost money taking a profit.”   ~ Bernard Baruch

Since this business is about flipping money which translates as buying and trading books for a profit it is important that you know how to buy the right books.blur book stack books bookshelves

Let me short cut that process for you now. Remember, the crux of this profit rolling business is buying and trading used books from merchant fulfilled say on Amazon and reselling them at a higher price on Amazon Prime. Customers who buy on prime will often pay much more for a book just to get it faster.

Also, please bear in mind that this process can be repeated with countless other booksellers too. It’s just that Amazon provide safety nets that are pretty extraordinary in terms of support and money back guarantees which is why we started here and advise others to as well.

With that in mind searching for profitable books on the software provided with this system makes this process so simple. We have found it most effective to place as few filters as we can to search for books in our desired price range.

For example, with book arbitrage we might put the setting at $3 to $20 in the Used price, $50 in the 6 month average price with a low sales rank of 400,000. This then displays pages and pages of potential books that meet that criteria. The deals really stand out this way.

Once we have seen a deal we check the prime prices of books already for sale and ensure that our desired profits are attainable within the first 3-5 listings of these books. We allow room to price up and down and this ensures that we know we can sell our books quickly and easily.

If this sounds simple, it is, and don’t let your mind throw wrenches at you. Making money easily and quickly is the best way to make money despite what we may have been told in the past.

The constant speed and repetition of sales is not only exciting but very profitable. As I mentioned before it is the compounding effect of rolling profits quickly that is the magic bullet with this and is why we are all able to become so wealthy so easily.

With trading books we simply open up a topic of study, say for example chemistry. We then press an extension button which instantly shows whether books on that page are eligible for profitable trade-ins that day or not. If they are we simply lock in the trade and the buy the book, send it to the bookseller and pocket the difference. If not then we simply repeat the process on the following pages.

accomplishment accuracy accurate achievement

There you have it. The steps to the magic of buying, selling and trading books easily and consistently which is the same thing as saying making money easily and consistently. Since there are unlimited filters available you can purchase an almost unlimited number of books to suit your budget. Then just rinse and repeat.

We really have to pinch ourselves with how powerfully and quickly our book business is taking off using this no-brainer system. We are incredibly thankful for this opportunity which again as we mentioned before is changing our lives.

“Compounding is the magic of investing.”  ~ Jim Rogers

We have been able to flip money beginning with as little as $5 on books which is growing into multiple figures now. Where else in the world is it possible to make such big returns from such humble beginnings? This is the system whereby the everyman/woman on the street can become wealthy.

In the next blog I will share some of our sales numbers from textbook season which is upon us which should really emphasize the momentum of compounding sales and profits.

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Book Trade-In’s/BuyBacks = Free Money

Would you believe they give you free money to build your business!

I explained book arbitrage in the last blog. Now to the other side of this easy business where you read it right, they give you free money to build your business. Yes, actual dollar amounts into your account. I couldn’t believe it when I first saw it in action.

How does it work? Again, we mostly focus on Amazon, at the moment, so that is the primary focus of this blog, but many of the on-line booksellers provide the same service. It saves them time and makes you money. Amazon call it trade-ins and the other booksellers call it buybacks. It’s the same thing.pexels-photo-970198.jpeg

Trade-ins work by sourcing high demand books and sending them into Amazon who offer a trade-in price that you can lock in at the click of the mouse. As long as the book meets the desired condition the money is guaranteed.

When Amazon are low in stock in a certain book this is when they offer trade-ins. The beauty of this system is you can source these books on Amazon itself as well as other online outlets and if you can buy the book at a cheaper price than the trade-in price then you keep the difference. Sometimes this amount can be as low as $2 or $3 up to $80-$120 which we have received.

Amazon award you a gift card with the difference which you can then use to buy books to sell and grow your business. It is insanely easy and really powerful for building your inventory. I believe you can cash the gift cards but why would you when they pay you to build your inventory?

I don’t know of any other business where they actually give you gift cards or credit on your account to buy more stock. The accumulative effect of this is awesome and builds into thousands of dollars over a very short amount of time.

How do you find these trades? The software that we use with bookarb.booktrades.biz finds these trades for us. How simple is that? We put in a topic e.g. chemistry and then the software identifies the deals. We literally log on and find free money. No, there’s no catch. Yes, it is that simple!

Since we have combined the two sides of this business, Book Arbitrage and Book Trade-In’s, we have seen a significant increase in our sales and profits. As I have stated before this is by far the easiest and most powerful system I have ever seen for building real world success. The only way this doesn’t work is if you don’t do it or don’t follow the training.

The training is pretty comprehensive, and the support has exceeded our expectations by a country mile. I will speak more about these in the next blog but for now you have all the knowledge necessary to start a new business model that could change your life as it has ours and begin making real world money.

If you are interested in making money and being in charge of your financial destiny or even adding another income stream that works into your life then for me this is the thing you could be looking for. No, it isn’t too good to be true. It is working for us.

Next, I’ll describe the amazing world class support and the incredible value and leverage that has added to our experience.

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