This is part two of my conversation with Shannon Jean, and it’s somehow even better than part one. Shannon’s a seasoned flipper, reseller, and liquidator who’s built real wealth by buying pallets of returned or surplus goods and reselling them, sometimes flipping phones for $9 million in profit.
In this episode, we talk about advanced tactics. Shannon breaks down how to build trust in an industry full of scams, how to spot undervalued products, why you should be okay with others making more money off your deals, and the mental frameworks that make resellers unstoppable. He shares wild stories, like the time he bought $2M worth of iPhones and sold them back to China for $11M.
We also talk about Facebook Marketplace testing, niche reselling and more. Whether you're trying to make $100 or $100,000 extra this year, the blueprint is in this episode.
If you missed it, go back and check out Part 1 (Ep. #156), and if you’re hooked, listen to his other appearances in Ep. #38, #41, #61, and #64.
You can find Shannon Jean on X at @shannonjean (https://x.com/shannonjean) - he posts about his $5 mastermind there, where he shares deals, advice, and great opportunities. He’s also the cohost of the Business Brain podcast, which you can find at businessbrain.show.
Timestamps below. Enjoy!
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00:00 The Power of Reselling
04:56 Building Credibility and Relationships
10:06 Learning Through Experimentation
14:53 Finding Your Niche in Reselling
20:09 Scaling and Managing Risks
24:51 Success Stories and Lessons Learned
The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs