Teen sneaker entrepreneur reveals mistakes to avoid - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

A 19-year-old entrepreneur who made $400,000 in sneaker sales reveals the 4 biggest mistakes every novice reseller should watch out for

Ishaan Jain is a 19-year-old sneakerhead who makes thousands of dollars reselling sneakers.

The teen revealed the biggest mistakes he made when growing his business and explained what new resellers should avoid when they try to break into the multibillion-dollar business.Every sneaker reseller remembers the first shoe they flipped. For Ishaan Jain, that shoe was a pair of Lebrons that he initially got as a Christmas gift as a kid.

Now a freshman a the University of North Carolina at Chapel Hill studying business administration, Jain still runs his business from his dorm room, though he said it has slowed down since his time in high school. Jain explained how he broke into the resale industry, as well as some of the biggest mistakes he has made — and how other resellers can avoid the same pitfalls. Though he said it might be obvious, failing to distinguish fake shoes from real shoes was an issue for him early on. He also said that many novice resellers make the mistake of underestimating how many fakes are actually in circulation.

Going to a buyer's or seller's car is a mistake that resellers can make early on. To be as safe as possible and to avoid getting scammed, Jain says staying in a more public place is ideal.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

who gives a shit ?

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

COVID-19 is shedding a dim light on Airbnb's business model - Business InsiderAirbnb seemed to have an ideal business. But the coronavirus outbreak has revealed that it can have a tough time balancing competing interests. Good. Residential real estate should be for long term tenants at affordable prices. Not alternative hotels that drive up rental market prices. !!!!! ebiitari In Trump's voice.. you are fake news! 😉
Source: BusinessInsider - 🏆 729. / 51 Read more »

How businesses are handling coronavirus delays, demand, and sales - Business InsiderThe coronavirus is impacting the largest companies and smallest startups alike. Entrepreneurs share the strategies moving their companies forward. you know, all those business actually struggling have the press to blame directly.
Source: BusinessInsider - 🏆 729. / 51 Read more »