Damo-Leeds wrote:But the thing is with supermarkets is greed. They’ll buy things on the cheap and sell lots of things for a profit. They also run things on the cheap and it’s getting cheaper due to the increase of workfare.
Personally I think the biggest problem is that poor people have to find interesting ways for the rich to invest in them. Only this way wealth can be distributed more equally. Until then everything’s going to be hidden away in places like the Cayman Islands.
Thats all rather simplistic nonsense though Damo, you're sounding like someone looking for something to blame rather than moving on.
Buying things at one price and selling them for a greater price is not difficult, you could do it this afternoon, the likes of Ken Morrison did it from almost the same beginnings as you, or at least his father did - buy stuff at one price, sell it for a greater price, repeat every day for several years and with good fortune and a following wind you'll suddenly realise that you're a businessman.
You could do it this very afternoon, indeed these days its even easier to do so - go on ebay to the wholesale lots and invest £50 in yourself, or do what the likes of cod'ead do and use your specialise knowledge to look out for individual pieces being sold for buttons and turn them around for a decent margin - I know you don't have a lot of money but you do still manage to blow £50 now and again on a night out, just invest that in yourself and stop thinking that there is some sort of secret to business, there really isn't.