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This is why i DO NOT believe in consignments

Check this out . SUPER HOT TOPIC .

The story goes something like ..

A wants to sell X guitar at Y’s price

B posted X guitar at 2Y’s price, without paying A , and B managed to sell it .

A found out . Whole thing mess up.

Look , i am not saying who is wrong or who is right . But ,

I always put my money in , before i sell ‘em.

I rather my gears get stuck (which isn’t so bad , because i can play them)

than causing problems like this .

remember , if there is NO formal written agreement or business relationship ( like selling used guitars ) , always sell what belongs to you . Follow this rule and you will not get screwed . If you have no capital , then my advice is to live within your means and don’t play around with the market .

Last year , a very well known guitar shop that sells high end gears got closed down . Why ? because they cannot sell . Why they cannot sell ? Because they started the business by CONSIGNMENTS basics.By the time they realized their mistake , it was too late. Everybody wants to buy from the source , not the middleman . duh .

Is it worth it ? You think low risk high return eh ? the truth is , your risk is MUCH higher . Risk is not measured by MONEY ALONE .

“If every business in this world , operates by COD . There will be no business politics anymore”