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by paulhauggis 5263 days ago
This is how I've been paying my bills while I'm working on my startup (it's much better than consulting/freelancing). It's not as easy as it sounds. It took me almost a year to figure out the whole process (it's more than just software development), but I now just need to maintain my site and process orders. It takes about 2 hours of work a day.

You also need some sort of cash flow (or credit cards) to do any sort of arbitrage and you have to learn to not worry about the unknowns.

As an example, if you are arbitraging services and your service provider does a bad job, you are responsible for cleaning up. This may mean returning the customer's money (and getting your money back). But, after doing it for awhile, you can find good people to work with and reduce your risks.

1 comments

I know that there is probably a reason for not doing that, but could you elaborate on your business a little?
I resell services. I found a couple of good providers after months of testing (and failing) and advertise on many sites like Craigslist. It pays the bills, but it's something I don't want to do forever.