A WOMAN shared her business journey of going from £100 to £10k by buying and selling trainers. TikToker Prep for Creps, explained that she was taking on the challenge of increasing her cash by a hundred times just with her trainer business. She intended to purchase specially selected sports shoes and sell them on at […]
A WOMAN shared her business journey of going from £100 to £10k by buying and selling trainers.
TikToker Prep for Creps, explained that she was taking on the challenge of increasing her cash by a hundred times just with her trainer business.
She intended to purchase specially selected sports shoes and sell them on at a profit.
She said: “I’m going to be starting with just £100 and working my way up to £10,000.”
She started by buying a used pair of blue Jordan racer trainers at £100.
She ironed out the creases at the front and gave the bottoms a thorough clean before selling them on for £156.
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After PayPal fee and the shipping costs she had already made a tidy profit of £46.78.
Next up she bought a £50 pair of red Jordans and managed to sell them on doubling her original investment of £100 to almost £200.
In her third sale, she bought a pair of black and white Nike dunks from a shop and managed to sell them on for £195, ending the third sale with £287.55 to play with.
She continued in this way until she hit transaction 13 of the experiment when she bought a pair of rare Jordans for £375 and sold them on for £545.
Leaving her with a whopping £998 to take forward in the experiment.
Fellow TikTokers were keen to know her tricks of the trade.
One said: “How are you getting them for so cheap?”
To which she replied: “These were eBay, just have to keep a look out!”
Another asked: “Makes no sense surley the person selling them would of sent them to stock x themselves for more money?”
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To which she replied: “Some people just want a quick cash out!”
For amateurs hoping to make some cash, there were some shoes she suggested holding on to as they are likely to increase in value.
Although do watch out – there’s obviously no guarantee that you would make a profit if you tried to do the same.
So make sure you know your stuff to avoid losing money.
