I tried reselling sneakers for a year... here’s how much I made!
Вставка
- Опубліковано 26 сер 2024
- Hope this was helpful for y’all!
Also I use a chrome extension Rakuten where they usually offer 8% cashback for Nike, if y'all are interested its in my linktree! linktr.ee/Kick...
Make sure y’all Follow my Socials!!
IG: @stayfocusedfrank
Reselling IG: @kickswithfrank
Subscribe to the yt toooo!
Ignore this ;p
how to resell sneakers,reselling sneakers,how to resell sneakers for beginners,how to resell sneakers as a teenager,how to resell sneakers with no money,how to make money as a teenager,reselling sneaker business,reselling shoes,reselling business,profit,sneaker invest,sneaker investment,sneaker hustle,finesse,sneaker meetup,sneaker meetup gone bad,thrift store finds,thrift finds,yard sale,fake sneakers,ua sneakers,fake shoes,unauthorized shoes,tiktok, cook group,sneaker reselling,how to resell sneakers,sneaker cook group,how to join a cook group,discord cook group,discord cook group sneakers,best sneaker cook groups 2021,best free sneaker cook group,how to resell sneakers for beginners,how to resell sneakers as a teenager,reselling sneakers,sneakers,how to resell sneakers with no money,how to make money as a teenager,reselling sneaker business,reselling shoes,reselling business,profit,hustle,sneaker invest, how to resell sneakers,how to resell sneakers for beginners,how to resell sneakers as a teenager,reselling sneakers,sneakers,how to resell sneakers with no money,how to make money as a teenager,reselling sneaker business,reselling shoes,reselling business,profit,hustle,sneaker invest,sneaker investment,sneaker hustle,finesse,sneaker meetup,sneaker meetup steals,sneaker meetup gone bad,how to start a business,how to start a side hustle,sneaker side hustle
Just so everyone knows. He hasn’t net any profit yet. He’s just getting that $21k profit number from the pairs he’s sold so far but since he has inventory he hasn’t sold yet he hasn’t made any technical profit yet. He’s actually negative profit atm.
Yes technically speaking but the profits from which I do get from my sold shoes is used to reinvest it, and if I were to stop buying new pairs and just sell all my inventory then that would in turn show the profit, but right now I’m constantly reinvesting
@@StayFocusedFrank you also did say you started with $500! Good shit bro!
@@matthewblizniak9661 fax started with $500 and reaching six figure sales is insane
@@StayFocusedFrank do you know what the definition of the word “profit” is? LoL
@@jemeljordan-butler4510 yes but the only reason that my sales are lower than the money is spent is because I haven’t sold all my inventory and I’m always reinvesting into my business
Don’t be fooled by this guy, only the best will survive in the reselling game. A lot of people will end up losing money due to lack of knowledge.
Ong shoes really be half off+ 24/7 if y’all ain’t know
@@dguwopo7079 how u get cheaper shoes?
@@dguwopo7079 facts. How you get em cheaper. Asking for a friend. He asked are they real too
@@itsdemonz9814 managers at shoe stores be giving they homies the best deals (50%-100% discounts) usually on any Nikes and other non limited shoes. Also people who steal them from real sellers will usually sell them for the low. Scammers be hitting for them with the ccvs and giving them away for drugs. Wake up
@@dguwopo7079 nigga said wake up after telling me to either buy illegal shoes or become friends with every manager at a shoes store. Nevermind bro you got it
I love how he doesn’t say anything about legit checking them when your getting them off of Facebook marketplace and offer up
It was hard to fit into a 60 second clip, but I would only buy with either a proof of purchase or if there a trusted seller before I knew how to legit check
I might be wrong but I'm pretty sure he has a video where he did get a knock off pair that were really close to the originals and he explained that he got a full refund from the seller
ua-cam.com/users/shortsj4GiUT8t1uw?feature=share
@@StayFocusedFrank is check check a god way to legit check?
why the fuck would he start reselling and post this video if hes flipping fake shoes how old are you bro 4? 🤣🤣🤣
The video was interesting, I think it’s profit after inventory / stock sales but that weird kiss thing at the end killed me 😂
😂😂😂😂
That’s an awesome side hustle! The key is you took the steps are started only way is up. I started with only 200.00 in silver and 60.00 in hair bows. I now have 10k in silver and 2k in bows.
The man still in the negative ya’ll, also, 20k-ish is like avg retail work for a year if you making around 13-15 an hour I think. And keep in mind all this is talking about before taxes. So if he doing this on the side I guess it keeps em occupied, but if its main job, then it sounds fun but keep in mind, once again, he still a bit in the red, so ya’ll can look at these big numbers but its the margins that matter most until you in the green. After that you can worry a little less, but still work to keep big ROI lol.
No taxes if it’s cash 💰
He woulda made more money working at Foot Locker. And had less headaches. Just in shipping
@@Hustlertimez619 the government is on that Zelle shit. They are gonna start sending you a statement soon
working a retail job you might get a little raise if you're lucky but your income is basically capped, if you work for yourself the sky is the limit.. the harder and smarter you work, the more you can make. I went from making about minimum wage with my first business to over 150k a year and got to choose my own hours and how I wanted to do business with, which you can't do working for someone else.
Bro. 1 year. Scaled up to 120k sales. Yea of course he don't show net profit after 1 year, it's awesome he's only as negative as he is with as much inventory as he has. Imo this is absolutely crushing it for a year 1 side hustle.
Where is that profit from. Didn’t he show he’s spent more than he’s made? 🤔 😂
because he has inventory which he has not sold yet. The profit is included with his inventory value.
Must have 25k worth of shoes
He's not going to break even or make any money, he's gonna be negative and go bankrupt
He been doing it for a year and hasn't made his money back yet forget a double up.
He still has thousands of inventory left. From the shoes he has sold not including what’s in his inventory sitting he’s made 21k profit.
Start with 500. Buy and sell. Flip.
Over all spend 127,000. Sell for 124,000. In reality spending 3 grand of your own. End up with a 21,000 dollar profit based on your starting point. Something is off
He’s bought more shoes than he has made
It’s people like you that makes it so hard for me to get retail price on shoes
How ? In this video I talked about buying used shoes from other people, not retailers.
What do u use to buy used shoes??
anyone can get shoes for cheap dude
No way found an old gem. You really movin up in the world Frank stay focused 🙏🏽
Starting from 500 and ending up there is crazy and that’s without UA-cam keep grinding
Nice side hustle man. Keep making money
appreciate it my man!
@@StayFocusedFrankyou are just too naive
I get profit and understand the formula. My problem is having to spend 130k for a 20k profit. I'm good on that. And a slow iffy return at that
❗️
Depends on the shoes you buy
He actually hadn’t profited anything that’s what he will make if he sells everything for what he lists it as not taking into account most people won’t buy used shoes for a large amount L
Most resold nikes are brand new. Most only buy them to resell.
This isn’t an L you are literally brain dead he started with 500 and has like 20k in stock after a year, considering I’ve sold a similar amount as him in used shoes it’s not an L in the slightest
@@evanborgeson2140 i agree with u, people be so quick to hate on another dudes hustle
@@frankfarts fr mans had 500$ now he has 20k worth of shoes. Why people gotta be so ugly 😂
@@evanborgeson2140 yeah how do you think he bought 20k worth of stock it wasn’t from selling shoes. He started with $500 worth then constantly kept investing his own personal money into this until he had 20k worth after 1 year.
I'm a reseller but I stay away from sneakers. There is alot of potential resales out there that are not just sneakers. But shout out to the cooks out there 😉
Any ideas you getting into, I’d love to know as I’m planning on starting out but I don’t wanna go into sneakers yet as it might fall off
Resellers… y’all fu$&ed the sneaker game up way to go
Facts. Resellers are vampires on the culture. Fugg’em
Gotta understand it my boy
How to say your stupid without saying it
How did they screw the game
Def fkd the game up I hate resellers
That's impressive! I lost a lot in the stock market, too. Now you've got to hire younger teens to do the cleaning and 10x the number you buy and sell next year.
What an awesome side (whole) hustle, i hope he doesn't milk the price dry and beg for people to buy them...
I love the fact that you were very transparent and honest about your ROI. Keep grindin 🫡
Awesome bro keep it up but that ending did you want a kiss or something? 😂😂😂😂
Aye man, screw what all these people say. They lack brain cells lol. I appreciate you showing us this and teaching us daily. The real ones understand what you’re doing and the work you put in. Definitely going to watch more and need more of this. 💯💯
You can do anything you put your mind to. Don't let no one stop you even though that's easier said than done.
Bro he has grown so much love your vid’s btw and sneaker info ❤
Real hustler right here. Keep going!
Hustler? He aint sellin ass or drugs bro
He’s not really selling anything. More buying. He is in the negative. He is relying on a firm price of the shoes he has yet to sell.
I was gonna say wow that’s amazing but I’m pretty sure people at McDonald’s make more, cool hobby though
Honestly they might be making more, but back when Covid sent everyone in lockdown no one was able to work and Im proud of how far I've gone!
@@StayFocusedFrank its good that u earned 20,000$ man. But be real. That 120,000$ wasnt yours, your parents gave you to make 20,000$ for a whole year so u can buy yourself car for example. And u pay them back the 120,000$. We all know it man :)
@@StayFocusedFrank anyway its 15-20% profit only.
@@encryptedcode3432 are you drunk, that 120k he made from the sneakers. dude said he started with 500 and he just snowballed from there reinvesting the money and buying more and more shoes so his inventory is worth 120k which anyone can do like he did granted you have the knowledge
@@encryptedcode3432 Watch your throat G
This man deserves every single penny 💪🏽
Not bad for the year, as specially if you got a part time to go with that your golden dude. love seeing people actually bet on themselves
Good shit. Although that profit number doesnt take into account tax. The IRS wants their cut too. Be careful about 😉
@@alexestrella7103 💯
Unless I'm missing something here, you've spent $120k, just to make $20k profit? Either you're hoarding inventory to resale later, or you've just made the worst financial decision of your life.
He is putting all his money back to buying shoes. So if he would sell off all his shoes and not buy new ones,his profit would be much higher
He only started with 500$ too, that’s crazy he made 500 into 6 figures
@@chrxme9075 6 figured of inventory. You don't collect unless you can sell for more than you bought it for, plus your time and labor has value as well.
As long as the market supports folks overspending on shoes, you got yourself a business :) All the big brands love the hype because anytime they have a release they sell out and make their money and the culture continues to push that. At some point you would imagine they want to take as much of their own cut as they can. If this means re-releasing shoes constantly or providing so much stock that resellers market shrinks to nothing who knows.
Take advantage while you can though, props to resellers becoming the car dealerships of the shoe world :)
Yo luv u keep coming out with fire vids
I read a lot of the comments on this post😂😂.. I definitely learned a thing or two about profit/assets/losses.. seen a few accountants on here(just in case I need for tax season)But all in all I would say you’re on the right path Lil bro!! Keep doing you!!! You have the right mind set from what I see and you’re grinding!! Just keep learning as you go and you’ll be great!! Good luck and congrats on your success so far!!!
This means a lot brotha 🥺. Imma keep grinding no worries, people like you just add fuel to keep me going 😤 thank youuuuuu for real!!
I suppose I’m condfused how he has $500 in his account but bought $100k+ of shoes lol. That’s the part I need to learn damn the shoes!
You don’t just start off with 100 pairs of shoes you start slow buy 1 or 2 sell them buy 3 or 4 and so on
Surely it wasnt that hard to figure out
@@Thauo91823 who you calling Shirley?
jesus christ are you ok?
Astronauts in the ocean is wild frank 😂
Dang man I need to get my shit together I work my ass off and can't even save that much, keep on keeping on man, good for you, earned my subscription, and I been looking for nice cheaper shoes lol
Cant save up $500 and you got a job? Time to start budgeting better my boy or cut down some of those living expenses
@@ZayBoyyy na I have bills a house cars guns stuff I like to do vs look cool how bout ppl that can afford it go for it but I got more important things than 500 dollar shoes lmao
So thats where those carolina jordans went that i couldnt get. Thanks
And he’s still sick with them
😂 that’s what he gets fro trying to get over
You looked soo much better with hair
Ya bro you my inspiration seriously. I started a few months ago, buying shoes and cleaning them up for more I started with 200$ and now I’m at around 2500 value in my inventory. Thanks for explaining everything so great man 🫡
Thanks for the video my guy now I wanna start reselling 💪🏼
It all starts with a pair of J’s. Amen 🙏
Amen 🙏
It is not working nobody wants to buy my shoes
Watchu got?
Yeah this a load of malarky ive been reselling shoes for six years, hes either lying about the money or lying about starting a year ago. To come across that much inventory and gain a large enough following, even in “market places” online, you would need at least two years. Unless this kid had a following previous to starting this, in which case it is a TERRIBLE example 😂
He probably lives in a big city or something
I live in Sydney and it's the same story all used pairs go for such over inflated prices so it's only worth while to hit on new pairs because even heavily discounted used pairs may not sell
Nah he negative. What he showed was IF he sells his inventory
it was during covid, lowkey pretty easy to build a following if you started then
@LONE WULF IN THE CUT and before you say bot aswell and make the same volume you need 30k in capitol first to get bots that beat security and to actually afford the shoes itself just to not be able to sell it unless you have a store
Irs is loving the content
Bro that’s what I was thinking of doinggg🔥
This makes me wanna try reselling
Yes try it!!
It will change ur life
Don’t
@@miles9421 stfu already lmao
@@miles9421 why?
All untaxed aslong as you haven’t been declaring your earnings you my dude a smart kid
Hi Frank I've been watching many of your videos and started reselling lately partly inspired by you. Awesome job man, I can see you are skyrocking! Besides that how could you earn 599000% on a pair of shoes that ROI is insane😂
About $20k profit for a year is pretty decent but expenses like gas can take a good bit monthly & also holding that many sneakers if you aren’t planning on opening a store is slick risky. By the time you start selling, you’ll be spending that money faster then it’s coming in especially selling individual, even with bulk. Your profit margins getting cut & it don’t be worth holding for that long. Making sells consistently + holding helps. Either way, reselling can be fun. Keep it up.
What cleaner did u use??
I use Jason markk or creep cleaner!
Thanks, you're the reason i cant afford shoes i like
Supply and demand 🤷♂️
@@StayFocusedFrank Nah bruh, that’s not “supply and demand” that’s scalping. 😑
@@AdmiralColdhead but the thing is I’m not even using bots to get them for retail, I’m getting them from other people.
Fr dude I really wanted the j balvin ones I couldn’t buy them for retail at the time and now they’re going for more than $500 it’s fucking ridiculous
@@StayFocusedFrank You don't have to use bots to get these just to be a scalper. Scalping also includes raising the prices to ridiculous measures so that the seller is gaining more profit than retail.
Finally a video of you being serious
Good job bro this shit low key got me inspired keep doing yo shit ignore the haters.👍👍👍🔥🔥
What apps/websites would be good for reselling?
Best for selling is selling locally in fb groups, marketplace, and offerup
You know you doing well when you get the haters 😏. hope you succeed well in life, keep up the good work.
Lost a lot of money in the stock market... that trailing stop loss could of prevented that, it's your best friend💯
Just remember kids to pay your taxes, that 21k looks all cool til Uncle Sam comes a knocking
If you're buying with cash and selling with cash you would be stupid to pay taxes... the government doesn't need to know about any of that.
If you want to make money, buy property or stocks. Unless its a quick strike release or friends and family type release, shoe flipping is a waste of time once you factor in everything. Time is money, just wear the shoes.
Im just as of today gonna start re selling shoes. I'm 14yrs old 9th grade and I got a pair of air Jordan 1 mids pine green. I finessed some idiot at my school his name is David, I got the shoes for 95 dollars. They cost 200 brand new. Used is about 145. I'm gonna sell them for about 150 and buy some better shoes to then keep trading up until I can sell and buy more shoes than keep going. Wish me well!!!
According to his spread sheet he’s at a net loss and never made any money just working a year for free spending $127k
The profits he used is reinvested into more shoes thats why there is more of spent $ than there is on sales
Truly inspiring!
Yeah its so inspiring buying shoes then selling them for way higher price fuck resellers
Fuck no
@LONE WULF IN THE CUT The problem is that people buy shoes just to sell them for even more money who the fuck wants to buy a shoe for hundreds and hundreds of dollars above retail
*IRS has started watching this video*
Right now I am just proving my self so some family will hopefully invest into me
How is your sales less than your spent, and you have 21k profit… without doing accounting work
I got this question a lot. Basically it’s because I still have shoes that haven’t sold yet, so that goes into how much money I’ve spent and I haven’t sold them yet so I can’t mark the sales of it if that makes sense?
@@StayFocusedFrank how can you count those unsold shoes as profit, then?
Those shoes are unsold merchandise, not profit.
Yes exactly I never count them as profit, just money spent, and since I haven’t sold all my shoes yet, that’s why the sales is lower than money spent
@@StayFocusedFrank you should study balance sheets and income statements. You have alot of assets. That's as important as cash. Nice work.
@@jemeljordan-butler4510 yes but Assets = Equity and Liabilities. The shoes that haven't been sold are equity and have value.
Needed to see this video 🙌
glad to hear that! keep grinding with whatever your doing!
That face at the end is a no go
Rumble young man rumble ..I love it 👏🏾👏🏾
Don’t ever explain yourself to people who ain’t doing shit and will never be on your level of mindset so don’t waste your time. Keep moving there are plenty of people who want to learn and take in what your giving.
I respect this but please don't post about it, we got enough kids trying to resell and bricking the market 😭😭😭
I know what you mean boss but there’s enough for everyone to eat no cap 🙏
Fax why can’t people at least customise the shoes before selling
@@LNCGG cuz i wont by your art but nikes one
@@Malwat440 *buy*
Love those blue 4's. Still never had a pair of Jordans I've only wanted a pair since the mid 90's. One day.
Glad to see your grind
Spent 130k on shoes to make 20k back you in the wrong business 😂
It’s actually a better investment than stocks if you think about it percentage wise
@@jackmerrithew8012 lol investing that money in the stock market u wouldve made +100% gains from lsst year so that 100k could be 200k
@@L0CALDRUGMAN yes that’s true, it’s always good to diversify investments tho. Gains like that in the stock market so quick only happen once in a great while but gains on sneakers is very consistent. Also it is easier to start building capital with sneakers because with only 200 dollars you can continue flipping and make multiple thousands within a year which percentage wise is a lot better than the market
For a whole year? Big L
he improved at least!
Swimming August 3rd!
Dude worked 60 hours a week scamming equally dumb sneaker heads for basically $7 an hour 💀
@@downfromthereeefters (echo) August 3rd, Third, third.
@@matt8847 doubt he worked 60 hours a week mate, ur both absolute fucking losers and the kid is hustling
I’ve been reselling, restoring, and customizing sneakers for about 5 years now. I stay away from high end sneakers ( only restoration for those ). I buy shoes at Ross, Burlington, and Marshals. I make a minimum of $50 profit a shoe. The most I ever made off a $40 shoe was $350. I reinvest all my profits into buying more shoes. When I get my inventory up to 300 shoes, I average 3 shoe sales a day. Sometimes that’s $150 a day, sometimes more. $150 day (avg.) times 365 days = almost $55k a year. Now add the customized and restored shoes and I make another $20k a year. $75k a year is better than I made as a teacher with a masters degree. However, this model is not sustainable, because sourcing shoes is about consistency and luck. Your not the only one sourcing shoes. Plenty of resellers to compete with. This is a great side hustle. Not for a family man that depends on consistency.
Great moves homie👏🏼
Calling 🧢 major 💨💀
Brah ain’t no way he has $500 and ends up spending over $100k
the snowball effect 🙏
That only works for areas where you can sell shoes and get shoes at a decent price. Where I live most people ain't into buying expensive shoes
i dont always sell expensive shoes
The total spent and sales are like the same number? I’m confused how he is saying he profited 27k?
Just started re selling in January and I’ve already made over $1.5k 🔥😃
Love to see it 🙏
Cringe
@@miles9421 how
@@jacobbelone8725 resellers suck and ruin everything for people who actually want to buy shoes
@@miles9421 so? We making bread that’s all that matter.
Don't forget to pay that tax bill. Uncle Sam wants a piece of that profit
What tax bill?
What tax
I need that spreadsheet ma boy 🫴🏾
Your a very wise guy. Keep it up bro .
Wowww that's cool 🔥
Sus boi as fuhk at end wtf 💀
I cut lawns and make that in 2-3 weeks.
dayumm and you be doing yt too so extra money
He only had 500$ turned it into 127000 of inventory? That cocaine math
Fax 📠 he definitely had help from his parents 😭😭😭😭
20K in a year. Wow. That’s my mortgage payment every month. Put that in perspective for you
ur mortgage isn’t 20,000 a month lmfao post a vid of ur house
@@marlyndhunt6740 50 Winsor way Weston ma. Video from the sale.
@Keith Hunt core et
Correct
@@johnnigro6426 u def a kid 😂
Doubt you'll see this question, but how did you get the confidence in your own legit checks? Did you use outside help with any of it? Love the content
Ur hair cut looks great buddy
So what you’re saying is you don’t care about sneakers or the history you just wanna turn a prophet
Yup...that's precisely what he's saying, and you know what...there's nothing wrong with that. Your passion isn't everyone's passion.
Who the fuck cares about the history of some sneakers?
@@syrityflo5130 😂
All these fools would be out of business if they let everyone pre order shoes like we do our phones, they would have to go punch a clock like everyone else then lmao
@@mrbigtymer78 Lmao
Pretty sure when you spend more than you make, there's ni way you're making a profit. Simple math. Could be wrong tho.
i think its cuz he invests his profits back into more shoes, thats why theres more spent then sold cuz he still has inventory
Dude I would love a pair of shoes
He adds a lot to sneaker culture
In less than 2 years you claim to have 'profits' in excess of 20k from selling used sneakers. Haha ok kid you go with that 🤭
you dont know the reselling strategy do you?
The waffle house has found its new host
Nike is about to shut the reselling game down 🙌🏼
I sold my first pair of shoes yesterday, now I don't have any shoes and walk around barefoot but I made some money
What sites/marketplaces do you recommend to find/buy older shoes? I mean, shoes that were released years ago like 2012, like that.
I see your doing your thing