Yeah it was the revenue, margin is probably 15%. It's probably not something he is going to do long term but who knows. I think it's a good learning experience and involve a lot market analysis, searching for trends, buyers, etc. |
Got it. Reminds of my kid's friend who resells sneakers. Buys the latest "drop" from Nike et al for $500 and resells for $1,000+. There are real businesses that exist for this, but it's interesting and relatively low-risk for the kid and parents (not out buying 10,000 pairs at a time which is impossible to do anyway) and this kid can clear $10,000+ of profit in a year. |