Rob- since I have been a full time dealer since 1983, maybe I can put some perspective on your quest. If you are able to get a full time job with an auction house or grading service, that sounds like a reasonable way to go. But those jobs don't last very long. The turnover is great and you may find yourself unemployed in a couple of years.
Starting your own business gives your more control but it is not as easy as it looks. Back in the 90's I could, for example, buy a T206 set at auction, break it up, and come pretty close to doubling my money. And I could do it regularly. Not anymore, however. Those days are over. Today, you might find yourself paying closer to 80% of retail, and sometimes even more, for most large groups of cards. It's a grind. Add the fact that the economy stinks, and I can assure you at times you will buy inventory for a dollar, and sell it for ninety cents. It's happening to everybody these days. So if you have a solid job right now, don't give it up. You'll find yourself having to sell your collection to make ends meet, and when that is gone your love of the hobby will diminish greatly.
And what about benefits? If your job offers medical benefits, and you give them up and then get sick, you will be in really big trouble. If you have a medical emergency and don't have insurance, you can get wiped out. Not worth the risk. If you have a wife who has benefits for the family at her job, then you are okay.
My advice is bite the bullet and keep your job, and see if you can make a little money on the side to supplement your income, and your hobby. I know working sucks, I gave it up a long time ago, but I think you should stick with it as long as you can.
Last edited by barrysloate; 02-04-2010 at 06:00 AM.
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02-04-2010, 05:45 AM
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