Money grow money :)
Recently i found out a way to earn xtra money and has the potential of expanding it. All thanks to my opticians (couple). It happened 1month+ ago. I went to the optical shop which i frequent to for a new pair of specs. Because i always recommend ppl to their shop, they always gif me discount and soon we became frens. They asked abt my family, my life and we chatted for quite awhile. Then they ask me to help them buy fish if its convenient coz their mum likes to eat Jin Mu Lu (Goldeneye Fish, direct translation) and they always buy nt fresh and expensive de. Altho i tell them ok, in my mind i didnt hav the intention to help them buy. Coz its veri veri veri troublesome. I need to help them put ice, den pack properly, den carry all the way frm my work place to home, handle for them everyting den put in my freezer at night den bring to their shop.
One day we had a very huge quantity of Jin Mu Lu so i tot “aiyah since gt so much stock help them bring abit back to woodlands lar. since they always gif me discount.” Mayb im a business person :X i suddenly hav an idea of earning money whereby its a win-win situation for both parties. Imagine for example one kg of fish, my capital is $5 we usually sell to neighbourhood market de fish mongers for around $8-9. Den they sell to u ppl for $17-18. As a trader, i earn money by selling in huge quantity tats y hav to sell cheap (compare selling $3-4 bucks higher of my cost price than fish mongers who sell $9-10 higher frm their cost price), while fish mongers earn by selling alot higher price but in lower quantity. In other words, the fishmongers r actually the middleman who is earning the “so-called” comission.
So i plan to sell around $5-8 higher than my cost price to my optician which i earn more than selling in the fishery port. And they buy it cheaper frm me than frm fishmongers. The first time, i test abit of water by selling them $4 higher than my cost price and they were quite happy coz its damn cheap. They even wanted to pay me more but i declined. At least i noe my idea works. After few times, i increase the price by another $1-2 bucks depending on the quality and they r still very happy, afterall the freshness is there and indonesia fish r always nicer than malaysia, thailand, etc.
Each time, i sell them around 4kg which i made a profit of $20-$30 bucks out of nth. The bad ting is tat i need to carry until sibeh jialat. coz + ice its v heavy. But to tink of it, xin ku abit to earn tis free money its difinately worth it, treat it as i carry weight each time to train my muscles
When i first brought back the fish, my mum oso say veri cheap and even wanted me to sell her “aunties clan” coz the aunties always complain market sell v exp. So i asked my mum to take order frm the “aunties clan” and everyday earn tis free money. imagine by doing so daily, it bcum a constant xtra income. I belif aunties de mouth r veri powerful, i will have free advertising and news will spread to more ppl so tat i hav more orders. haha im like out to destroy woodlands market de fish mongers. Now i only wan to hurry get my car liscense after i complete my malay course so tat i can take more orders n earn more. If nt i can only carry limited Kgs of fish back. And when i hav my own car, mayb i can upgrade to hsehold delivery den charge service charge. Or even bcum a part time agent for restaurants coz i get fishes cheaper than other agents and i sell cheaper to restaurants i belif they will rather buy frm me. With 2 source of income (frm supplying fish in fishery port and supplying outside), i will b able to hit my 30k target earlier than i plan.
SORRY FOR THIS LOONNNNNNNNNNNG POST


