http://passiveearners.com Get Rich with Passive Income Streams Wed, 02 Nov 2011 17:36:18 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://passiveearners.com/pursue-the-first-venture-that-succeeds/ http://passiveearners.com/pursue-the-first-venture-that-succeeds/#comments Mon, 05 May 2008 12:17:06 +0000 admin http://passiveearners.com/pursue-the-first-venture-that-succeeds/ I’ve always promised myself that I would direct all my efforts into the first Internet Marketing venture that showed consistent success. Well it turns out to be selling second hand books on Amazon which has become an important part on my income; I hope to receive a record amount this fortnight. Of course it doesn’t have the capacity to make me rich overnight as is possible if you get it right selling a $97 eBook, but I can still do that later. The major disadvantage of bookselling is the space to store them and also the packing & posting can be a bit like hard work. I’ve been been selling on Amazon seriously for about 18 months and am gradually improving my ability to spot valuable books. Once I find a book/DVD which is in hot demand I have become skilfull in sourcing it cheaply either from ebay or importing from abroad.  I am starting to be an expert in flipping items that I buy cheaply in one market and selling more expensively in another this is also called arbitrage.

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