HeartRockSingapore
New member
At that time, I sold the VW bugs for 4K and Chevrolet for 7K.... 1970 price for 2nd car.
Never underestimate a person's age
- Thread starter DoubleBlade
- Start date
yup... double blade .. on the straits times newspaper ... almost every day there will be piano classifieds. People who have done this for ages buy/sell/trade pianos.
If you want to earn even a small margin. The customer wont choose you because if anything were to happen you are simply too young to be held fully responsible. He will have to look for your Daddy...
Say the guy sells the piano to a buyer you sourced. and the cheque bounces , if he cant find the buyer. You will be held responsible , but who is responsible for you?
Did you think about the increase in your transport?? to meet "clients" will your time schedule allow? having school and all? ...you wanna do it in your free time? if you wanna earn money in free time , do some MLM or take up a part time job.
Will your earnings pay off simple stuff like increased handphone bills due to discussing with clients. How many of your friends/family members own pianos and wanna sell them? If they wanted to sell they "would" probably entrust you to do it for a tiny commission fee. But how many pianos do they have? how much family do you have?
HAHA have you thought that if both seller and buyer get a chance to communicate. You will be cut out of the loop in an instant. How you going to arrange transport?... hire movers? Trust me no one will let you move their 3.5k item to an unknown location with no money up front. And nobody will pay money upfront for a piano they cant see and play.
If you can keep both sides blind. You will have to function more like a trader... buy first. then sell for profit. But you have no startup capital , no storage space , no experience.
Anyway this kinda things you gotta think bigger. how much you are planning to earn by just being the middle man? If you let your customers quote the price they WILL quote high. If you ask them to reduce their price. they would much rather just post on classifieds for 50-60bucks to a wayy wayy bigger pool of potential buyers., unless you can promise something like a sale in a certain time frame. But do you have the customer base , skills , knowledge of product , time to take on such responsibility??
Its good to have interest in learning to make some money on your own. But you have to do it sensibly. Something that i feel only comes with age. im 23 and im still getting there.
If you want to earn even a small margin. The customer wont choose you because if anything were to happen you are simply too young to be held fully responsible. He will have to look for your Daddy...
Say the guy sells the piano to a buyer you sourced. and the cheque bounces , if he cant find the buyer. You will be held responsible , but who is responsible for you?
Did you think about the increase in your transport?? to meet "clients" will your time schedule allow? having school and all? ...you wanna do it in your free time? if you wanna earn money in free time , do some MLM or take up a part time job.
Will your earnings pay off simple stuff like increased handphone bills due to discussing with clients. How many of your friends/family members own pianos and wanna sell them? If they wanted to sell they "would" probably entrust you to do it for a tiny commission fee. But how many pianos do they have? how much family do you have?
HAHA have you thought that if both seller and buyer get a chance to communicate. You will be cut out of the loop in an instant. How you going to arrange transport?... hire movers? Trust me no one will let you move their 3.5k item to an unknown location with no money up front. And nobody will pay money upfront for a piano they cant see and play.
If you can keep both sides blind. You will have to function more like a trader... buy first. then sell for profit. But you have no startup capital , no storage space , no experience.
Anyway this kinda things you gotta think bigger. how much you are planning to earn by just being the middle man? If you let your customers quote the price they WILL quote high. If you ask them to reduce their price. they would much rather just post on classifieds for 50-60bucks to a wayy wayy bigger pool of potential buyers., unless you can promise something like a sale in a certain time frame. But do you have the customer base , skills , knowledge of product , time to take on such responsibility??
Its good to have interest in learning to make some money on your own. But you have to do it sensibly. Something that i feel only comes with age. im 23 and im still getting there.
DoubleBlade
New member
Thanks Chanmin for the input 
Really food for thought here 
Basically I'm limiting my so called business to my entire circle of friends.
Anything further than my "friend's friend" i would not dare do it
It would not be so much of a headache finding a seller among my circle of friends but when it comes to sourcing for a buyer , I might be tempted to source for buyers outside my circle of friends because all of them are around my age and I doubt they won't like go "eh Julius , i wanna take piano lessons , got any pianos to sell? i wanna buy a 2nd hand piano!!!!"
It's good that you posted this thread because I surely need some sort of eye opener in dealing with Pianos...
Really food for thought here Basically I'm limiting my so called business to my entire circle of friends.
Anything further than my "friend's friend" i would not dare do it
It would not be so much of a headache finding a seller among my circle of friends but when it comes to sourcing for a buyer , I might be tempted to source for buyers outside my circle of friends because all of them are around my age and I doubt they won't like go "eh Julius , i wanna take piano lessons , got any pianos to sell? i wanna buy a 2nd hand piano!!!!"
It's good that you posted this thread because I surely need some sort of eye opener in dealing with Pianos...
thats the thing. pianos arent cheap at all. When the money involved is high , so is decision making level and commitment level.
its not very nice to earn a cut off your friends who dont know any better. Better to let their parents do their own homework , cus if something screw up... you kana problem again. i guess you can do your bit to educate them with the knowledge you possess.. and not make this a profitable thing.
Whenever you wanna make some money off somebody. you need to think , what issit you can offer that will be percieved as value-added. If its 2-3yrs of piano lessons/playing experience etc... i think you better try not to influence any body as you still in beginning stages.
" Kiang... jiu Ho. Mai Gey Kiang! "
its not very nice to earn a cut off your friends who dont know any better. Better to let their parents do their own homework , cus if something screw up... you kana problem again. i guess you can do your bit to educate them with the knowledge you possess.. and not make this a profitable thing.
Whenever you wanna make some money off somebody. you need to think , what issit you can offer that will be percieved as value-added. If its 2-3yrs of piano lessons/playing experience etc... i think you better try not to influence any body as you still in beginning stages.
" Kiang... jiu Ho. Mai Gey Kiang! "
DoubleBlade
New member
Actually i was never intending to earn a quick buck outta it UNTIL i got fired by Marina Mandarin over that stupid prawn sauce incident which people think it was a freaking minor accident as compared to serving pork to a muslim table...
I really don't mind educating people on Pianos without making a quick buck but maybe once in a while I get Ang Pows from them that's all :lol:
I really don't mind educating people on Pianos without making a quick buck but maybe once in a while I get Ang Pows from them that's all :lol:
age a problem? There was an article in the New Paper 3 weeks ago about this 25 year old who designed and built a world class recording studio for Catholic high school and an 18 year old coaching the students on studio work, go read that! If you want a copy of the article, leave your requests here and i'll post it
DoubleBlade
New member
yeah sure i would love to read about it and in fact my cousin who's in that school told me about a recording studio in his school....
Elvin-Seraphim
New member
pianos?
wow..this is pretty interesting..so perhaps the trade here is on knowledge and experience fer money? anyways, abt entrepeneurship..u basically need capital and alot of trust to make it things happen man..
wow..this is pretty interesting..so perhaps the trade here is on knowledge and experience fer money? anyways, abt entrepeneurship..u basically need capital and alot of trust to make it things happen man..
DoubleBlade
New member
I don't have any money to start a capital 
