Friday, October 7, 2011
Elementary School Books
In the early days of the textbook business I made many costly mistakes. One of those mistakes was when I traveled 125 miles from my home to secure a load of elementary school books. Though the books were in practically new condition I was only able to sell a few of them. The small amount of the books that I was eventually able to sell went mostly to home-schooled children. In addition, the books which sold went for almost nothing. I lost money on the venture in every way. The only bright side was that I was ultimately able to sell the remaining books to a paper recycling company. This allowed me to recover a tiny fraction of the money I lost in truck rental, fuel and time. Avoid going after elementary school books. They just don’t pay.