731: Unlocking Big Profits from Liquidation and Government Auctions
The Side Hustle Show
Why suppliers sell so cheap
Shannon explains inventory pressure, environmental concerns, and why suppliers prioritize clearing warehouse stock quickly.
What if you could turn a single dollar into $5,000 in under a month? That's exactly what happened to Mindy, a member of Shannon Jean's reselling mastermind community.
She bought two pallets of books from a government auction for $1 total, discovered they were packed with medical and curriculum books selling for $200 to $400 each, and turned that dollar into $5,000 within about a month. And she's still selling the books today.
Deals like that are hiding in plain sight — on government auction sites and retail liquidation platforms that most people have never heard of. Shannon Jean has been buying and flipping product this way for decades, and in this episode he walks through exactly how it works.
Shannon is a serial entrepreneur, bestselling author, and creator of the $5 Reseller Mastermind, a community that has grown to more than 3,000 members over the past year.
His motto: "Buy with math, sell with emotion." You can find him at ShannonJean.com.
Tune in to Episode 731 of the Side Hustle Show to learn:
- where to find government and retail liquidation auctions and how to get registered
- why your selling system matters more than finding great deals
- how to research before you bid so you never buy blind
(Get the auction starter guide at shannonjean.com/auction)
Full Show Notes: Unlocking Big Profits from Liquidation and Government Auctions
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About The Side Hustle Show
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Hosted by Nick Loper of Side Hustle Nation.
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