Ryan Wallace is the creator of iphoneantidote.com. He started the company because he believed there were too many online companies that would rip off people who were looking to trade in their used or broken iphones. Ryan had a particularly bad experience himself when he sent his broken iphone into a buy back company and they sent him a check for a measly 45 bucks. This experience so incensed Ryan that he formed his own company.
Ryan learned some simple skills concerning iphone repair and built a simple 4 or 5 page website and the rest is history.
The business is based on a 3 step process. First, iphoneantidote.com sends you a prepaid box to ship your phone. Second, you ship your phone. Third, you get paid for your phone. Needless to say, Ryan is a success because he found a gap between $45.00 and a respectable number which is much higher but still leaves a healthy profit margin for Ryan.
There are some simple concepts we can learn from Ryan's success. First, you don't have to dream up a new product or service. Ryan just took an existing service idea and improved upon it greatly. Second, you don't have to have a brick and mortar facility to start a second income source. Ryan's website is simple and the concept is equally simple.
I hope Ryan's story inspires you to pursue your ideas for extra income.
Ryan learned some simple skills concerning iphone repair and built a simple 4 or 5 page website and the rest is history.
The business is based on a 3 step process. First, iphoneantidote.com sends you a prepaid box to ship your phone. Second, you ship your phone. Third, you get paid for your phone. Needless to say, Ryan is a success because he found a gap between $45.00 and a respectable number which is much higher but still leaves a healthy profit margin for Ryan.
I hope Ryan's story inspires you to pursue your ideas for extra income.
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