Hey a while ago someone started a thread about side gigs. My wife sells a lot of stuff online. Crazy stuff, from plants to washing machines. Televisions are big sellers as well. Anyway I recently started an online watch store. I’m pretty much selling RADOS right now which are entry level “luxury” Swiss watches although I sold one Rolex Cellini at a decent profit. FYI Rolex sell well but the Cellini models are hard to move. If you have a side hobby that you can turn into a little business it’s pretty cool and can be fun. Basically you are dealing with arbitrage. It does take time, one night I spent 8 hrs online hunting deals and came up with nada. For me watches have always been fascinating. Ever since my grandfather gave me some ancient bulovas are was hooked. It takes a lot of study and working on a watch is seriously hard as hell. Especially the mechanical ones that are energized by your hand movent. They are so damn intricate and you actually need a microscope to do something like oiling it which sounds simple. Competition is brutal as well. Sometimes people overprice stuff by a thousand dollars and you know it’s worth about three hundred feel odd making an offer. You gotta realize you need to check out the watch and service it. @Master are you familiar with the Rado watch they are very popular in India.
So I couple people knocked me for my interest in watches but I’m quite pleased with with the opportunity's in starting a little business. Anyway I’m not suggesting anyway get into watch dealing. I have two 1970s rado at this time and I’m servicing then. These automatic watches take a lot of study and time. I’m still doing stocks and a little crypto but i like to give people a heads up on things on certain ones, only those who hahe showed interest in the past and I make clear I don’t recommend buying just suggest looking into things. If I can turn and burn a five percent profit I’ll go for it but crypto is pure speculation. Some of them really have some possibility of being widely adopted but it’s pure speculationl which I highly recommend anyone who has a bit of struggle stay away from. So I’m expecting a two three hundred return turn on my rados but that is really based on how I do with my repairs. This internet sales has really opened up a decent second economy for people and I know one guy who turned a small thing to a 150,000 Bucks a year business. It also always me to put money aside for my grail watch which is an omega. I avoid taking price on watches on here but I found a couple for 1,500 to 1,750. I’m also on a watch forum where we put up pics of our watches and some dudes own watches that honestly go for 150,000 thousand and more. I’m looking at one, not the 150k one, a dealer in England is selling. He is asking 200 and here in the US it can go for over 300 here but I need to factor in shipping and what not which would prob but me at a 50 dollar profit. So basically I’m not here bragging about money just explaining the business. It’s a lot of fun with a lot of risk if you don’t educate yourself.
Anyway just wondering how people are doing with side
Gigs at this point.
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