Jun
25

How To Find Out Exactly What To Sell On eBay For Insane Profits (Part 1.1)

By Duane Hope

 

The Near Fatal $251,093.51 Judgmental Mistake

 

True ebay Story

Okay, so several years ago when I was making out my DHIP list trying to figure out what to sell on eBay, I didn’t follow my own advice. I allowed many negative thoughts to cause me to be pre-judgmental which ultimately controlled my actions. Negative thoughts like…..

  • “This won’t work”
  • “That’s a really stupid idea”
  • “There’s no market for that one”
  • “Who in the world would buy that”
  • “I see everybody else on ebay trying to sell that”
  • “I don’t know anybody who would be interested in that”
  • “There ain’t no way I can make money on eBay selling that”

….would enter my mind almost instantly. It seemed like I had something negative to say on just about every thing I wrote down on my list.

And as it turned out, those little negative thoughts that I allowed to control my actions cost me six more months of not making money on eBay – plus misery, frustrations and nearly my first six-figure eBay business.

Here’s How The Story Went Down….

One of the things that I was very passionate about and wrote down on my DHIP list was drag racing (years ago I used to race professionally on the NHRA tour and I did this for about 10 years). I didn’t write anything in particular down on my DHIP list other than the words “drag racing”.

Now instead of “exploring” each one like you should so you can find out what to sell on eBay , I just briefly looked (and I mean briefly) over “drag racing”. I had pretty much convinced myself from those negative thoughts that there wasn’t a market there for anything to do with drag racing - so I marked it off my DHIP list (big dumb, stupid mistake!).

Well, to make a long story short I was very ignorant and judgmental. I had no vision to see past the door of the words “drag racing” to see the opportunities on the other side. I didn’t think far enough out-of-the-box to realize that there was a world of opportunity waiting on me.

And the reason why is because……

My mind was totally saturated with those negative thoughts. In other words, my mind was in a state of “poverty consciousness” instead of being in a state of “prosperity consciousness” (BIG difference). And when that happens you will totally miss the opportunities that are right in front of you.

About six months later, after I had failed miserably from trying to sell what everybody else was selling on eBay and watching my family go without, I pulled out my master DHIP list that I had it mark off of and invested several days “exploring the market”.

At the end of the third day I had stumbled upon a hungry market that had their wallets wide open which I found buried deep in a sub-sub-sub-sub-category of my root search for “drag racing”.

And this itty-bitty tiny market that I stumbled upon was “automotive racing carburetors”. And that small market went on to gross $251,093.51 in less than 12 months. (Notice I said gross ….our actual profits was only about $105,000.00)

Here’s what happened next….

Since that fateful day of realizing what I was doing wrong, Heather and I have gone on to build over 5 six-figure eBay businesses, all in different markets. And here’s the really scary part ….3 of those businesses were also scratched off of our original DHIP list.

I didn’t share our story with you to be brag or be boastful in any way. I shared it simply because I want you to understand how powerful YOUR DHIP list really is.

And if you’re serious about finding out what to sell on eBay then YOUR goal here is to create a master DHIP list of about 10-20 different desires, hobbies, interests or passions that you have in life (don’t worry, I’ll show you exactly what to do with them soon).

And whatever you do – DO NOT mark any of them off your DHIP list until we’ve had the chance to “research” each one of them.

Okay – that’s it for this post.

And if you haven’t already done so, make sure that you’ve signed up directly below to receive the Advanced Blog Notifications and claim YOUR FREE copy of ……

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Chat Soon,

Blessings – Duane Hope

P.S. Go ahead and post a comment below and let me know your thoughts about todays training. And if you think this information will help someone else make money on eBay – then feel free to share it with them by using the “Share/Save” button directly below 8-) .

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5 Comments »

Comment by sandra407
2009-09-09 12:03:46

Hi! I was surfing and found your blog post… nice! I love your blog. :) Cheers! Sandra. R.

 
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