How to Make Money Flipping Products

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Make money flipping

Ever want to ditch the 9-5 but don’t have the money? Ever need money to fund another goal? Then, here’s how you can make money by flipping products. Have more money to flip with by starting to get rid of any credit card debt with the free 7-Step Credit Card Debt Slasher.

Make money flipping, then make that money grow

Reselling is the process of buying merchandise and then reselling it for a higher price. This might seem tedious or give the impression that the payoff wouldn’t be big enough to pursue, but with the right amount of attention and dedication, reselling can do anything from paying for your Christmas shopping to providing a full-time job.

Tom Brickman of The Frugal Gay is an entrepreneur that dedicates himself to teaching people how to achieve financial independence by reselling products and real estate investing.

On this episode of Queer Money®, Tom joins us to discuss how reselling has transformed his life and how you can get started on your journey to financial freedom. Listen in as Tom drops tons of tips for scaling your business, knowing what products will sell well, buying wholesale products, and more.

Tom’s tips for making money flipping:

Topics covered about making flipping money

Tom’s experience in personal finance and starting his reselling business
What reselling is and how it can transform from a side hustle into a full-time job
Tips on where to buy wholesale products
Product flaws to look out for and what to do if you procure damaged goods
Tom’s journey from flipping bras to buying a full condo in cash
Products Tom has had success selling and what products tend to flop
Tips on planning for tax filings
When you need to collect sales tax vs. when you don’t
Packaging and shipping logistics with resale products
Reinvesting in your reselling business

You can ruminate all day about what is going to be the most perfect thing for you to sell... You're not going to get it right. So just pick something and start. - Tom Brickman of The Frugal GayClick To Tweet

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Resources about talking about annuities and money

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Pirate Ship
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We’re David and John Auten-Schneider, the Debt Free Guys and hosts of the Queer Money® podcast. We help queer people (and allies) live fabulously not fabulously broke by helping them 1) pay off credit card debt, 2) become part- or full-time entrepreneurs, and 3) save and invest for retirement.

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