Liquidation flipping is one of the simplest online business models most people overlook. In this episode, Ben Knegendorf and Jon Warren sit down with Shannon Jean — a serial entrepreneur who’s built multiple seven figure businesses and now dominates the liquidation and closeout game.
Shannon breaks down the entire process step by step: how liquidation auctions actually work, where to find deals from retailers like Costco and Target, how to price inventory using data (not emotion), and why “boring products” often make the most money. He also shares real examples from his mastermind — including people turning $2K into $10K flips and building six-figure resale operations from their garages.
Whether you’re in ecommerce, dropshipping, or just want to build a scrappy side business, this episode is a crash course in turning excess inventory into cash.
Business is simple. People are lazy.
Find Shannon Jean's Auction Starter Guide at https://shannonjean.com/auctions
Find Shannon Jean's Mastermind at https://shannonjean.com/mastermind
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Timestamps:
00:16 - How to get started in the liquidation game
05:40 - What liquidation deals really are and where to find them
10:23 - Step-by-step: how the liquidation process actually works
17:44 - Live walkthrough of real auction sites
23:10 - The categories Shannon avoids and the ones he loves
33:33 - How liquidation and dropshipping overlap
41:49 - Where to sell: inside Shannon’s Reseller Mastermind
51:30 - The biggest misconceptions Shannon has seen in the industry
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