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<p>[QUOTE=&quot;Blaubart, post: 1662485, member: 37498&quot;]At first, I was thinking Tim was trolling.&nbsp; How on Earth could anyone, even Tim, say that a pawn shop is probably the best way to get money when you&#039;re in a bind?&nbsp; They offer you pennies on the dollar for your wares and then charge you 20% interest in a single month for the money they lend you.&nbsp; My first thought is: &quot;Run Away!&quot;&nbsp; But the more I think of it, I do think Tim might have found his niche.&nbsp; He does seem to enjoy bartering, he likes to buy old stuff and try to flip it for a profit, etc.&nbsp; I suppose it&#039;s possible to get a job working in a pawn shop, but most of them around here seem to be family run.</p><p><br /></p><p>I do know a couple that owned a pawn shop for a few years and did very well.&nbsp; They had really good business smarts and they worked their butts off, but they did very well in the end.</p><p><br /></p><p>For example, they didn&#039;t just sit behind the counter and wait for business to come to them.&nbsp; They went out and hit yard/garage sales bright and early on saturday mornings.&nbsp; They&#039;d buy CDs &amp; DVDs for $0.25-.50 each and sell them in their store for $3-5 each.&nbsp; They&#039;d buy up children&#039;s clothes and furniture for pennies on the dollar too.</p><p><br /></p><p>And the way they got their store up and running was nothing short of awesome.&nbsp; The first business they owned was a used car lot.&nbsp; Shortly after getting that profitable, they built a car wash next door to their used car lot.&nbsp; They ran those for a few years and did pretty well.&nbsp; They eventually sold the used car lot to buy the land on the other side of their car wash and they built a small strip mall.&nbsp; Since most of the spaces in the strip mall were empty and were probably not all going to be rented for a couple of years, they opened a pawn shop in one of the vacant units.&nbsp; They got it up to speed and when the rest of the strip mall filled up, they sold the pawn shop to another family.&nbsp; Not only did they earn a good profit on the sale of the store, they got a tenant out of the deal too.&nbsp; Now that&#039;s what I call good business sense.</p><p><br /></p><p>How many pawn shops do you have in your area Tim?&nbsp; You should inquire at all of them to see if they want to hire some help.&nbsp; Get some experience, find out if its something you&#039;d enjoy, bank up some money, and then open up your own pawn shop.&nbsp; Maybe even advertise that you specialize in coins.&nbsp; Just imagine: People come to you to pawn their coins for pennies on the dollar.&nbsp; If they actually come to buy them back, you&#039;ve made a tidy 20% profit in one month.&nbsp; If they don&#039;t, then you just scored some coins for dirt cheap.[/QUOTE]</p><p><br /></p>

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