Liquidation flipping is one of the simplest online business models most people overlook. In this episode, Ben Knegendorf and Jon Warren sit down with Shannon Jean — a serial entrepreneur who’s built multiple seven figure businesses and now dominates the liquidation and closeout game.

Shannon breaks down the entire process step by step: how liquidation auctions actually work, where to find deals from retailers like Costco and Target, how to price inventory using data (not emotion), and why “boring products” often make the most money. He also shares real examples from his mastermind — including people turning $2K into $10K flips and building six-figure resale operations from their garages.

Whether you’re in ecommerce, dropshipping, or just want to build a scrappy side business, this episode is a crash course in turning excess inventory into cash.

Business is simple. People are lazy.

https://lowbarpod.com/

Join the private Low Bar Pod community and hang out with BK and Jon plus all of our other awesome members! — https://low-bar-pod.circle.so/checkout/membership

Find Shannon Jean's Auction Starter Guide at https://shannonjean.com/auctions

Find Shannon Jean's Mastermind at https://shannonjean.com/mastermind

Sponsor:

The only sponsor today is us.

If you like this episode, subscribe to the channel, leave a review, and share it with someone who loves business, can't turn it off and can't imagine why you'd ever want to.

Timestamps:

00:16 - How to get started in the liquidation game

05:40 - What liquidation deals really are and where to find them

10:23 - Step-by-step: how the liquidation process actually works

17:44 - Live walkthrough of real auction sites

23:10 - The categories Shannon avoids and the ones he loves

33:33 - How liquidation and dropshipping overlap

41:49 - Where to sell: inside Shannon’s Reseller Mastermind

51:30 - The biggest misconceptions Shannon has seen in the industry

Follow us on Social

Instagram — https://www.instagram.com/lowbarpod/

Facebook — https://www.facebook.com/LowBarPod

X — https://x.com/LowBarPodcast

TikTok — https://www.tiktok.com/@lowbarpodcast

A Second Minneapolis ICE Shooting, A U.S.-Denmark-Greenland Meeting, An Update on Iran, & More | 01.16.2026

The Pour Over

Debate Over AI-Generated Singer

The AI-powered Podcast Player