Adventures in Aeron Chair Arbitrage
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Adventures in Aeron Chair Arbitrage
1–10 of 111 posts
Re: Adventures in Aeron Chair Arbitrage
#2One additional point not mentioned in the post (written by me). If you buy a used Aeron chair, it's very likely you can sell it for the same price a couple of years later. Essentially you can lease the chair for free.
Re: Adventures in Aeron Chair Arbitrage
#3It's worth noting that $300 for a day of manual work is considered a good salary in many parts of the country (and even in San Francisco).
Re: Adventures in Aeron Chair Arbitrage
#4It's worth noting that $300 for a day of manual work is considered a good salary in many parts of the country (and even in San Francisco).
Agree 100%. However we had to front $1500 in capital and we nearly lost it all when the check initially wouldn't clear.
Re: Adventures in Aeron Chair Arbitrage
#5Great post. I think this is one of the fundamental lessons that all startups going through an incubator should learn: have a product, find a customer.
The most basic, lowest-common-denominator example of this is arbitrage. Buy one product for X and sell it for X + 10%. If you can't do that with one product successfully that you know there is already a market demand for (e.g. chairs) then how on earth are you going to do it for your startup?
Re: Adventures in Aeron Chair Arbitrage
#6One additional point not mentioned in the post (written by me). If you buy a used Aeron chair, it's very likely you can sell it for the same price a couple of years later. Essentially you can lease the chair for free.
This point also applies to the $1 chair.
Re: Adventures in Aeron Chair Arbitrage
#7It's worth noting that $300 for a day of manual work is considered a good salary in many parts of the country (and even in San Francisco).
Agree 100%. However we had to front $1500 in capital and we nearly lost it all when the check initially wouldn't clear.
I used to do lots of reselling and arbitrage on Craigslist during my poor student days. Here's my experience.
As a general rule of thumb, always ask for cash. Or ask for a cashier's check if the buyer is not comfortable with carrying large of cash around. Don't accept anything else (e.g. personal check or even paypal).
Re: Adventures in Aeron Chair Arbitrage
#8It's worth noting that $300 for a day of manual work is considered a good salary in many parts of the country (and even in San Francisco).
In this case the $300 was for 2 (maybe 3?) people. Not to say one person couldn't have done the work on their own, though.
Re: Adventures in Aeron Chair Arbitrage
#9Any news from craigslist RE:bot policy update?
That low altitude you're flying at can only keep you off radar for so long and you're building your entire business on shaky ground.
Re: Adventures in Aeron Chair Arbitrage
#10Great post. I think this is one of the fundamental lessons that all startups going through an incubator should learn: have a product, find a customer. The most basic, lowest-common-denominator example of this is arbitrage. Buy one product for X and sell it for X + 10%. If you can't do that with one product successfully that you know there is already a market demand for (e.g. chairs) then how on earth are you going to…
If you can't do that with one product successfully that you know there is already a market demand for (e.g. chairs) then how on earth are you going to do it for your startup?
umm, by building something new, not reselling existing stuff?