Friday, May 20, 2011

When to Depend on Instinct & Intuition

When to Depend on

Instinct & Intuition

You Snooze, You Lose!…

Getting over a painful experience of failing to bid higher on an auction shed jamb-packed with business equipment worth many thousands of dollars which sold for only $605 haunts me at every auction.

Call an associate…

Do your research ahead as to what’s being offered in a particular shed. A cell phone call to an associate in that business could resolve the storage issue or he/she may have interest in buying the product. Consulting and reviewing your pre-game plan and possible liquidation source could provide a reason to continue bidding–and potentially making additional profits before the bidding starts.

A time for bidding beyond your budget…

The time to bid beyond your budget is when you already have a liquidation source and you know the contents’ worth -- and you know that your liquidation source is financially sound.


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