470: $1K/Week: How to Flip Phones for Profit

<p>Can you really make money flipping phones?</p> <p>To find out, I sat down with pro cell phone flipper Jeff Duhon from <a href="https://www.facebook.com/groups/627004321574545" target="_blank" rel="noopener">the Smart Flippers Facebook group</a>. In a typical week, Jeff resells 20-30 used iPhones with a target profit of <strong>$100 per flip.</strong></p> <p>If if you did half that volume, you could be earning $1000 a week.</p> <p>Flipping phones for profit can be a lucrative side hustle or grow into a full-time income stream, but, like any business, there are some pros and cons.</p> <p>The used cell phone industry is already huge, and growing bigger all the time. <a href= "https://www.statista.com/statistics/744281/worldwide-market-revenue-used-smartphone/" target="_blank" rel="noopener">Estimates project</a> the global market for secondhand phones to be worth between $39 and $52 billion by 2025.</p> <p>Here's how to carve out your piece of that massive pie.</p> <p>Tune in to The Side Hustle Show interview to learn:</p> <ul> <li aria-level="1">How to source profitable inventory</li> <li aria-level="1">The easiest places to resell your phones</li> <li aria-level="1">How to not get scammed</li> </ul> <p>After all, being able to go out into the world and find profit is a skill to <a href= "https://www.sidehustlenation.com/recession-proof-businesses/">recession-proof</a> your life.</p> <p><a href="https://www.sidehustlenation.com/flipping-phones/">Full show notes</a></p>