Turning $20 Into $5000 - Jeffreys Challenge

**jeffrey** · 08-26-2005, 09:14 PM

Re: Turning $20 Into $5000 - Jeffreys Challenge

Previous Total: $318.71

Current Total: $347.59

Inventory:

Half Ownership - 7 sake bottles, 45 sake cups

Full Ownership - 5 mini trays - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556086307">1 wood sake cup set</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556670522">1 flag</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082416">1 pair of pants</A> - 2 under garments (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556100514">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101058">two</A>) - 3 belts (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101770">one</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104050">two</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104945">three</A>) - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556098438">1 officer's cap</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556105206">1 pair of gators</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099003">1 winter coat</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099967">1 winter coat cap</A> - 2 helmets (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082040">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556083122">two</A>) - 7 hunting badges (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556679264">one</A>)

Time Spent Since Last Post: 1 hours 47 minutes

Time Spent Total: 23 hour 46 minutes

Wow. I'm close to a full day of working on this project (or three full days of work). It was a busy morning here. I managed to place another 11 cups up for auction as well as one of the hunting license badges and the flag from the trunk. I also placed another of the Star Wars card sets on auction. The listing fee was $9.70 of which $6.40 is my responsibility. I'm looking forward to seeing how these turn out.

I also had 5 cups sell today for a total of $80.09 with $9.53 in ebay and paypal fees for a profit of $70.56 and an additional $35.28 to my total. So with all the items sold and placed on auction, I was able to add $28.88 to the total today.

While I'm a bit disappointed that my current total still being in the $300s, I do have quite a bit of inventory which will hopefully increase that amount quickly when it starts to sell.

**jeffrey** · 08-28-2005, 09:06 AM

Re: Turning $20 Into $5000 - Jeffreys Challenge

Previous Total: $347.59

Current Total: $347.59

Inventory:

Half Ownership - 7 sake bottles, 45 sake cups

Full Ownership - 5 mini trays - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556086307">1 wood sake cup set</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556670522">1 flag</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082416">1 pair of pants</A> - 2 under garments (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556100514">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101058">two</A>) - 3 belts (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101770">one</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104050">two</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104945">three</A>) - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556098438">1 officer's cap</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556105206">1 pair of gators</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099003">1 winter coat</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099967">1 winter coat cap</A> - 2 helmets (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082040">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556083122">two</A>) - 7 hunting badges (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556679264">one</A>)

Time Spent Since Last Post: 0 hours 23 minutes

Time Spent Total: 1 day 0 hour 09 minutes

I've been thinking a lot about how I could sell more of my items outside of ebay. I could start up a store, but that takes just as much time and work as listing the items on eBay and there are still fees to be paid. I could set up an area on the main site (which I had been planning to do) but loading the photos onto the server and all just takes a lot of time and effort. Then it came to me!

Why not set up a blog and use that as my selling platform. It's easy to load photos into the blogs now, there are no fees for doing so and no final price fees - 100% free and easy to do and manage.

The way I plan to use it is whenever I get new items in, I'll load up the photos as a preview. In the preview, I'll give the cup or other item a unique number and a "buy it now" price. Then if someone wants the cup, I can sell it quickly with no fees involved. If nobody wants it for the buy it now price, then I will list it on auction whenever I can.

Of course, I'll also place adsense ads so there is a chance to add a bit of money there too (what a concept...getting paid to list items for sale instead of the other way around!)

I think this will work perfect for previews of items I will be listing. I don't think it will be difficult to get people to go and see...I will just use a list of past winners and let them know I will be previewing my items from now on. I'm hoping this will help the turnover of the cups (since I'm not wrapping them) to generate a bigger income in less time.

You can take a look at the new preview blog at http://sakecups.blogspot.com/ - very basic set up and only a bunch of test posts at the moment, but I will work on it a bit tomorrow and hopefully have a few preview items up.

**DivaJen** · 08-28-2005, 08:21 PM

Re: Turning $20 Into $5000 - Jeffreys Challenge

Have you looked into Froogle at all? You might be able to list your cups from your blog that way. I started setting up a froogle account for myself this evening.

**jeffrey** · 08-28-2005, 08:53 PM

Re: Turning $20 Into $5000 - Jeffreys Challenge

Previous Total: $347.59

Current Total: $347.59

Inventory:

Half Ownership - 7 sake bottles, 45 sake cups

Full Ownership - 5 mini trays - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556086307">1 wood sake cup set</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556670522">1 flag</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082416">1 pair of pants</A> - 2 under garments (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556100514">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101058">two</A>) - 3 belts (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101770">one</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104050">two</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104945">three</A>) - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556098438">1 officer's cap</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556105206">1 pair of gators</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099003">1 winter coat</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099967">1 winter coat cap</A> - 2 helmets (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082040">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556083122">two</A>) - 7 hunting badges (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556679264">one</A>)

Time Spent Since Last Post: 0 hours 7 minutes

Time Spent Total: 1 day 0 hour 16 minutes

Taking DivaJen's advice, I headed over to froogle to set up a free merchant account. Very easy to do and took me a little over 5 minutes to complete everything. Now I am waiting for the feed to be processed - while I don't know if it will bring any sales, it's bound to bring a bit more traffic and that can never be a bad thing. I figure that I will get some pretty specific hits from it if it all gets set up correctly because I know there aren't a whole lot of people selling what I am. Another fun experiment to play with.

**jeffrey** · 08-28-2005, 10:13 PM

Re: Turning $20 Into $5000 - Jeffreys Challenge

Previous Total: $347.59

Current Total: $347.59

Inventory:

Half Ownership - 7 sake bottles, 45 sake cups

Full Ownership - 5 mini trays - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556086307">1 wood sake cup set</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556670522">1 flag</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082416">1 pair of pants</A> - 2 under garments (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556100514">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101058">two</A>) - 3 belts (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101770">one</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104050">two</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104945">three</A>) - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556098438">1 officer's cap</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556105206">1 pair of gators</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099003">1 winter coat</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099967">1 winter coat cap</A> - 2 helmets (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082040">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556083122">two</A>) - 7 hunting badges (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556679264">one</A>)

Time Spent Since Last Post: 0 hours o minutes

Time Spent Total: 1 day 0 hour 16 minutes

Strange things on ebay. It just goes to show that what you think is complete junk others won't view in quite the same way. The leg warmer gators (link above) that came from the trunk of all the things I put on auction are selling for the most money currently at $22. They are the one item I thought would sell for a low price if at all. In fact, I almost threw them out due to their condition and thinking there was no way anyone would want them. Sure glad I didn't. I do hope the other items I thought would sell well, do a little better though.

**jeffrey** · 08-30-2005, 05:20 AM

Re: Turning $20 Into $5000 - Jeffreys Challenge

Previous Total: $347.59

Current Total: $347.59

Inventory:

Half Ownership - 7 sake bottles, 45 sake cups

Full Ownership - 5 mini trays - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556086307">1 wood sake cup set</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556670522">1 flag</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082416">1 pair of pants</A> - 2 under garments (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556100514">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101058">two</A>) - 3 belts (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101770">one</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104050">two</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104945">three</A>) - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556098438">1 officer's cap</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556105206">1 pair of gators</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099003">1 winter coat</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099967">1 winter coat cap</A> - 2 helmets (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082040">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556083122">two</A>) - 7 hunting badges (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556679264">one</A>)

Time Spent Since Last Post: 0 hours o minutes

Time Spent Total: 1 day 0 hour 16 minutes

It doesn't look like the froogle thing is going to work out for this challenge. It's not a bad concept, but it's meant for online stores and since the items I'm going to be placing in the blogs are only temporary previews of auctions (with an opportunity for a quick sell), it's not quite what I need. The main problem is that you need to load up a bunch of information about each product -- exactly what I was trying to avoid -- which will take as long as putting the items on auction. I will certainly keep it in mind for another time...

**jeffrey** · 08-31-2005, 08:03 AM

Re: Turning $20 Into $5000 - Jeffreys Challenge

Previous Total: $347.59

Current Total: $361.78

Inventory:

Half Ownership - 7 sake bottles, 45 sake cups

Full Ownership - 5 mini trays - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556086307">1 wood sake cup set</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556670522">1 flag</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082416">1 pair of pants</A> - 2 under garments (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556100514">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101058">two</A>) - 3 belts (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101770">one</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104050">two</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104945">three</A>) - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556098438">1 officer's cap</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556105206">1 pair of gators</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099003">1 winter coat</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099967">1 winter coat cap</A> - 2 helmets (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082040">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556083122">two</A>) - 7 hunting badges (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556679264">one</A>)

Time Spent Since Last Post: 0 hours 10 minutes

Time Spent Total: 1 day 0 hour 26 minutes

I placed 3 more Olympic medals (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=5233843672">one</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=5233842886">two</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=5233841388">three</A>) on auction last week for my friend and they all sold for a total of $56.76 of which I get 25% (and he takes care of all the fees). That adds $14.19 to the total.

I have mixed feelings about the auctions ending tomorrow for this challenge. The trunk of goods has done wonderfully - the items from it are above $200 already. The sake cup set has me a bit worried. It is still at $10 with less than 12 hours left. My fingers are crossed that there is some last minute bidding on that or I will take a loss on that particular item.

**jeffrey** · 08-31-2005, 08:47 AM

Re: Turning $20 Into $5000 - Jeffreys Challenge

Previous Total: $361.78

Current Total: $368.96

Inventory:

Half Ownership - 7 sake bottles, 45 sake cups

Full Ownership - 5 mini trays - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556086307">1 wood sake cup set</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556670522">1 flag</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082416">1 pair of pants</A> - 2 under garments (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556100514">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101058">two</A>) - 3 belts (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101770">one</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104050">two</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104945">three</A>) - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556098438">1 officer's cap</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556105206">1 pair of gators</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099003">1 winter coat</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099967">1 winter coat cap</A> - 2 helmets (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082040">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556083122">two</A>) - 7 hunting badges (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556679264">one</A>)

Time Spent Since Last Post: 0 hours 5 minutes

Time Spent Total: 1 day 0 hour 31 minutes

Just received an email noticed that the Star Wars set was purchased with a buy it now. Take away $0.52 final value fee + $0.75 paypal fee + $2.50 for the set + $2.00 shipping and I can add another $7.17 to the total. Will have to pick up the set tomorrow when I do the grocery shopping and place another one up for auction.

I've been thinking. The hobby shop has a lot of different cards, but most I don't think would sell for much on ebay (and after listing fees, final value fees, paypal fees I don't think there would be much profit there) and that is why I haven't taken more time to take photos and list like I have with this set. I may, however, set up a blog with the photos and offer to sell them through that avoiding all the fees. Again, if I can get the photos, then there is little risk on my part and no initial investment. It would simply take time (something I seem to always be short of) to set it up.

**CJsoccerchic** · 08-31-2005, 02:31 PM

Re: Turning $20 Into $5000 - Jeffreys Challenge

WOW - I am relaly interested in how things turn out for you, Jeffrey! Good luck!!!

**jeffrey** · 08-31-2005, 07:30 PM

Re: Turning $20 Into $5000 - Jeffreys Challenge

Previous Total: $368.96

Current Total: $368.96

Inventory:

Half Ownership - 7 sake bottles, 45 sake cups

Full Ownership - 5 mini trays - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556086307">1 wood sake cup set</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556670522">1 flag</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082416">1 pair of pants</A> - 2 under garments (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556100514">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101058">two</A>) - 3 belts (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101770">one</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104050">two</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104945">three</A>) - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556098438">1 officer's cap</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556105206">1 pair of gators</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099003">1 winter coat</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099967">1 winter coat cap</A> - 2 helmets (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082040">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556083122">two</A>) - 7 hunting badges (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556679264">one</A>)

Time Spent Since Last Post: 0 hours 13 minutes

Time Spent Total: 1 day 0 hour 44 minutes

CJsoccerchic - Thank you for the kind comments

A very busy day today and I will start working on all the details after this post. I had most of the items from the trunk sell today and they came in at over $400 and that isn't counting the flag that ends in a couple of days which I figured would cover the cost of the entire trunk. It's very good news and hopefully I can continue the trend.

The last minute bidders also came through on the sake cup set which ended above $80 meaning I made some money there, too.

I also had some sake cups ending today with half the profits going here - and another $100 cup sold. I don't think I'll reach $1000 today, but I will be a lot closer.

**jeffrey** · 09-02-2005, 06:16 AM

Re: Turning $20 Into $5000 - Jeffreys Challenge

Previous Total: $368.96

Current Total: $450.40

Inventory:

Half Ownership - 7 sake bottles, 45 sake cups

Full Ownership - 5 mini trays - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556670522">1 flag</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082416">1 pair of pants</A> - 2 under garments (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556100514">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101058">two</A>) - 3 belts (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556101770">one</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104050">two</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556104945">three</A>) - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556098438">1 officer's cap</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556105206">1 pair of gators</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099003">1 winter coat</A> - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556099967">1 winter coat cap</A> - 2 helmets (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556082040">one</A> & <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556083122">two</A>) - 7 hunting badges (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556679264">one</A>)

Time Spent Since Last Post: 4 hours 11 minutes

Time Spent Total: 1 day 4 hour 55 minutes

I will be making a number of posts to update the account - mainly for my own sanity and keeping things straight. The last couple of days have been busy and I remember why it's nice having a partner to wrap the items - while the gains are better for me doing it on my own, wrapping is by far my least favorite part of selling on eBay.

First, the sake cup set. It sold for $87.77 with $6.33 in ebay and paypal fees for a total of $81.44 to add to the pot (and about a $30 overal profit on that pick).

**jeffrey** · 09-02-2005, 06:31 AM

Re: Turning $20 Into $5000 - Jeffreys Challenge

Previous Total: $450.40

Current Total: $876.33

Inventory:

Half Ownership - 7 sake bottles, 45 sake cups

Full Ownership - 5 mini trays - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556670522">1 flag</A> - 7 hunting badges (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556679264">one</A>)

Time Spent Since Last Post: 0 hours 0 minutes

Time Spent Total: 1 day 4 hour 55 minutes

The trunk of items I purchased for $50 was extremely kind to me on auction. In fact, a number of the items went for more than what I paid for the entire trunk even though all the items were in poor condition. i will have to keep my eyes open for more deals like that in the future.

The best move I made was seperating the wool coat and the wool coat cap into seperate auction. The wool cap went for a surprising $61.99 while the coat only went for $36. I don't think the combined 2 would have gone for nearly as much. That more than made up for one of the undergarments that sold for $0.01.

All the items from the trunk sold for $474.29 (with the flag not counted which will be ending today) with ebay and paypal fees taking away $48.36. That adds another $425.93 to the total which basically doubles my current profit for the challenge. I need to create more days like today!

**jeffrey** · 09-02-2005, 06:49 AM

Re: Turning $20 Into $5000 - Jeffreys Challenge

Previous Total: $876.33

Current Total: $990.51

Inventory:

Half Ownership - 7 sake bottles, 34 sake cups

Full Ownership - 5 mini trays - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556670522">1 flag</A> - 7 hunting badges (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556679264">one</A>)

Time Spent Since Last Post: 0 hours 0 minutes

Time Spent Total: 1 day 4 hour 55 minutes

In addition to the sake cup set and the trunk items which I had full ownership of, I also had 11 sake cups which I had half ownership in end. Again, one cup made the listing worthwhile selling for $103.50, well above what I thought it would sell for. The 11 cups sold for a total of $260.38 with $32.02 in ebay and paypal fees (those two companies must be enjoying this challenge as much as me!) for a total profit of $228.36. That gets split in half with my partner for an additional $114.18 into the saving pot.

That brings me to nearly $1000 - I will pass that mark today when the rest of the auctions end. That gives me 4 months to earn $4000 if I'm make the goal. Finding more lots and big ticket items I can sell for a nice profit will be esential in order to make it.

With a good solid money base now, it will allow me to take a bit more risk to go with my gutt feeling on items that may turn a big profit since it won't mean absolute disaster if they don't sell well.

**jeffrey** · 09-02-2005, 07:10 AM

Re: Turning $20 Into $5000 - Jeffreys Challenge

Previous Total: $990.51

Current Total: $994.73

Inventory:

Half Ownership - 7 sake bottles, 34 sake cups

Full Ownership - 5 mini trays - <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556670522">1 flag</A> - 7 hunting badges (<A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=6556679264">one</A>)

Time Spent Since Last Post: 0 hours 0 minutes

Time Spent Total: 1 day 4 hour 55 minutes

The two blogs that I set up (<A HREF="http://5000challenge.blogspot.com/">$5000 Challenge</A> and <A HREF="http://sakecups.blogspot.com/">Sake Cup Blog</A>) generated $4.22 in advertising income - not a whole lot, but better than nothing. Considering the sake cup blog was only up a few days and still hasn't been set up properly and the $5000 Challenge blog is a simple cut and paste job, I'm happy with that amount for now. Especially since traffic to the two is minimal at the moment. I would like to see that increased to $10 this next month if possible - will work on that.

**DivaJen** · 09-02-2005, 08:44 AM

Re: Turning $20 Into $5000 - Jeffreys Challenge

Your total is amazing Jeffrey - I am in awe.

Turning $20 Into $5000 - Jeffreys Challenge

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