Part 4/5:
A crucial aspect of this method is restraint: do not touch the profits you make from your sales. Each pound earned should be reinvested into more stock that meets your 100% profit criterion. This discipline is vital for building a sustainable business.
Building Your Cash Kitty
For those who are just starting out and may only want to engage in this as a part-time venture, it’s a good idea to start by building what I call a "cash kitty." If, for example, you begin with £100, the same doubling principle applies. You can either invest the entire amount into stock that can be flipped for £200 or build your kitty up gradually by keeping your initial investment intact.