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Terry: Beautiful. So that was really the first big break for you then; the toy collecting and the toy business.
Ty: Yea that was actually one of my first big breaks. I’ve had a few since then, but that was actually the first big break for me.
Terry: Now let’s just back up for a moment. These ads that you’re placing in the toy magazines… are they ads for people to order a specific toy or to order a catalogue?
Ty: Well, no, I didn’t have a catalogue; it wasn’t that advanced at that time. I placed two types of ads. The first was a want ad where I would buy collections from people to sell to other people. So, let’s say that you had a collection in your basement and you wanted to get rid of it, you could call up and say, “Ty, I have this collection and I want to get rid of it. I don’t know how much it’s worth or anything, it’s a bunch of junk/toys, how much would you give me for it?” I’d say, “Ship it to me.” When they sent it to me, I’d look at it and I’d give them an assessment and an honest opinion of what it was worth and I’d usually pay half of what the resale value was on those collectables. That was the first type of ad I made: want ads.
At first I was spending more money than I was making, because it was a hobby for me; I wasn’t business minded at that point. It’s like a lot of Internet marketers who spend more than they make because they are jumping in on all the new ways to make money or to get traffic to your site or some new way to get leads. You’re always spending more money initially until you get those “ah-ha” moments. The “ah-ha” moment for me was when I realized that I should be placing want ads as well as sell ads.
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- License: Private Label Rights
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- Tags:2009 Ebooks With Audios Private Label Rights