About this video

• Video Title: Laid Off 2 Days Before Christmas, Now He Makes $60k/Month
• Channel: Chris Koerner on The Koerner Office Podcast
• Speakers: Chris Koerner, Jim Row
• Duration: 1 hour 7 minutes 4 seconds

Overview

This video features an interview with Jim Row, who shares his journey from being laid off before Christmas to achieving significant monthly income through reselling. He discusses various business ventures, including restaurants, reselling used items, and leveraging online platforms, detailing his strategies, lessons learned, and mindset for success.

Key takeaways

• Overcoming Adversity: Jim was laid off two days before Christmas, which served as a catalyst for him to stop working for others and take control of his income.
• Reselling Success: He found success by reselling various items like furniture, appliances, and restaurant equipment, often acquiring them at low costs and significantly marking them up.
• Strategic Sales Tactics: Jim utilized platforms like Facebook Marketplace and leveraged existing sales networks (like food distributors to restaurants) to find buyers and increase sales.
• Learning and Adapting: He transitioned through different businesses, learning from each experience, and adapted his strategies based on market opportunities and personal goals, like buying a boat.
• The Power of Problem-Solving: Jim identifies problem-solving as a key trait that has driven his success across various entrepreneurial endeavors.