[danpalmer]

The question is: could you take the $100 to a wholesale distributor, buy a bunch of cheap things, and then go and sell them at a market stall for more than $400. My guess is yes, especially if you have 16 days of selling to make your $400. That operation would scale about as well, possibly better, than the one described in the blog post. This idea ignores the pay for labour, but so does the blog post.

[iliketosleep]

I tried buying goods wholesale and selling at a market stall :) Failed dismally and lost money :( Need to have the right personality. The guys who were natural extroverts and spoke with a booming voice got most of the sales. It's the same in this blog post. He's a marketing guy and very tactful. He's good with people. Most other people who tried his "business" idea probably wouldn't get a single sale. So for the average person, it's even worse than what you suggest.

[wfunction]

Did you fail at the buying end or the selling end? (i.e. did you have to pay a higher price compared to these people, or were you unable to sell at a high price compared to these people?)

[iliketosleep]

I failed at the selling end. I just wasn't able to attract people to come to my stall. The aggressive sellers got most of the customers.

[tomcam]

I love the fact that you gave it a shot. Most people don't get nearly that far. It's much better experience than most college classes.

[iliketosleep]

Yeah I think the difference is that in college you can keep your hands clean. But REAL business involves a lot of hustling, stuff that can only been seen and learned in the real world.

[viperchill]

I have no idea. Please try it and let me know.

Happy to pay for your costs, Dan. Will be following your updates.