Sunday, November 15, 2009

I can't run a business because subtraction gives me hives.

Last Sunday I finally managed to drag myself out of bed and scrounge the area garage sales for books. I figured while I was looking for a job I might as well occupy myself by seeing if reselling for fun and profit is a possibility. So far it's been fun (found a number of fantasy titles, including some obscure Tolkien paperbacks) but there's no telling whether or not it will be profitable. Thanks to the internet I have a better chance of selling, but no thanks to the internet everything is cheaper now that it is all more available.

None the less I received my first order via Amazon for a near new copy of Green Eggs and Ham, have packed it up, and am all set to ship it tomorrow. I bought the book for 75c, charged one dollar (There were 50 some listings for the same book, the uncontested mean of which was 1 buck) and am hoping that Amazon's packing credit will help me break even. In other words I don't think I'm making any money out of this book at all. But I'm not surprised. I figure I'll test the waters, get a feel for what moves and what doesn't, and if I think I can make a profit of any sort out of it I'll keep going. The used book business is a business of high volume and spotty return if my research is correct, so having only 5 or 6 titles available means that the likeliness of my seeing any real activity is very low indeed. I could buy up the tons of romance crap that seems to litter flea markets, but I don't know the market, don't care to, and have a feeling that most of those books are worthless simply due to the fact that they have over saturated the market.

Ideally I'd like to work at (or own!) a store something like Between Books in Delaware, where there is a focus on Fantasy and Sci-Fi titles. That is, if I end up in the bulk used book business and not in antiquarian books or archival etc...

And while all this is going on I'm still waiting to hear back from the office job, and still hemming and hawing about whether or not I want to forgo a very good salary and a decent position to pursue a much less lucrative but much more fun profession... or just go to graduate school.

Decisions decisions.

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