Retail

From Side Hustle to Multi-Million Dollar Empire: The QuickFlips Success Story in Video Game Resale

Caleb Ashton embarked on his journey into the resale sector with modest origins, a path typical for many entering this domain. In 2019, while his wife pursued her law degree, Ashton, then residing in a compact apartment, initiated the practice of trading various items such as textbooks, action figures, and sports equipment. His primary motivation was to establish an additional revenue stream.

Ashton's initial capital, a mere $500 accumulated from birthday and holiday gifts, served as his foundational investment. He cultivated his expertise in acquiring and reselling goods through online tutorials, concentrating on inexpensive finds like books from estate sales. This supplementary activity evolved into a full-time commitment after his unexpected dismissal from a friend's numismatic enterprise. It was at this juncture that Ashton identified a lucrative niche in physical video games, recognizing their potential for rapid and consistent returns.

The enterprise experienced swift expansion, leading Ashton to establish QuickFlips in 2024. This online platform enables individuals to liquidate their video game collections, gaming consoles, and collectible cards. QuickFlips differentiates itself through a streamlined process: users submit their items for an immediate valuation, ship them after inspection, and receive payment within a day. Subsequently, QuickFlips revitalizes these items for sale on major e-commerce sites like Amazon and eBay. By 2025, the company further broadened its reach with the inauguration of a physical retail location in Lexington, Kentucky. In the current year, the business reported $4 million in earnings and has distributed over $5 million to its clientele since its inception.

The growth of QuickFlips necessitated the transition from a home-based operation to a dedicated commercial space. Ashton's initial hires joined him in his residence, but the overwhelming volume of inventory and the constraints of a basement workspace prompted the move to a retail complex. Now employing 33 individuals across its digital and physical operations, QuickFlips prides itself on a transparent and efficient payment model, encapsulated by its principle: 'Pay well, Sell fast.' This approach prioritizes high sales volume and consistent profits over maximizing individual item returns.

In an increasingly digital landscape, the market for physical video games and consoles thrives on nostalgia. Ashton observes that consumers, particularly younger demographics, are gravitating towards tangible media as a counterbalance to the ubiquity of digital content. The retro appeal of consoles like the Nintendo DS exemplifies this trend. Furthermore, a growing dissatisfaction with the ephemeral nature of digital licenses, highlighted by instances of game server shutdowns, reinforces the appeal of owning physical media. QuickFlips leverages its substantial online presence, with over 661,000 followers across various social media platforms, to engage with a broad community of collectors and resellers. Ashton's YouTube channel, Phoenix Resale, documents the company's evolution and entrepreneurial insights, providing both educational and entertainment value, which in turn fosters customer loyalty and drives business growth. This strategic blend of honoring the past while embracing contemporary digital outreach underscores QuickFlips' unique position in the resale market, demonstrating that traditional products can flourish through innovative business models and a deep understanding of consumer sentiment.

The Cold LinkedIn Message That Secured a Job Interview

In an era saturated with digital communication, crafting a message that truly captures the attention of high-level executives is a significant challenge. However, a recent success story from Fishwife CEO Becca Millstein demonstrates that a well-executed cold outreach on LinkedIn can indeed lead to remarkable opportunities, even a job offer. This particular message cut through the noise by being exceptionally clear, concise, and backed by solid professional achievements, proving that quality and precision can overcome the sheer volume of daily communications.

Becca Millstein, co-founder and CEO of the renowned tinned seafood company Fishwife, frequently receives a high volume of direct messages on LinkedIn. She openly admits that the majority of these messages go unread or are quickly dismissed due to their generic nature or overwhelming quantity. However, a specific message from a job applicant several months ago managed to stand out significantly. This applicant's approach was so effective that Millstein not only noticed it but also forwarded the candidate's profile to her hiring manager, ultimately resulting in the candidate being hired.

The successful message distinguished itself through its structured and impactful content. The candidate immediately identified the role they were applying for, followed by a succinct summary of their relevant experience. Crucially, they quantified their past achievements, providing concrete figures such as scaling operations to a certain number of orders per year and managing substantial budgets. The message also highlighted key responsibilities like overseeing end-to-end processes, managing client relationships, and utilizing data for forecasting and optimization. Furthermore, the candidate emphasized their collaborative skills, mentioning cross-functional teamwork. The message concluded with a direct request for a conversation and an attachment of their resume, reinforcing their genuine interest and preparedness.

Millstein noted that the message's specificity and directness were key factors in grabbing her attention. She appreciated that the candidate was not a "robot," meaning the message was clearly personalized and thoughtfully composed, contrasting sharply with the many superficial or automated messages she typically receives. The inclusion of quantifiable achievements and a clear statement of interest in a particular role, coupled with the prior submission of an official application, made the candidate's outreach particularly compelling. This example serves as a powerful testament to the effectiveness of a targeted, data-driven, and personal approach in professional networking and job seeking.

This incident underscores the critical importance of being both precise and proactive in job applications. Simply sending a direct message without having first formally applied for an open position is often ineffective. The combination of a strong, detailed application and a concise, personalized outreach message, rich with quantifiable accomplishments, significantly increases a candidate's visibility and potential for success in a competitive job market.

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NYC Extends Pied-à-Terre Tax Exemption Deadline for Wealthy Homeowners

Wealthy property owners in New York City now have more time to navigate the intricacies of Mayor Zohran Mamdani's proposed pied-à-terre tax. The initial deadline for exemption applications has been pushed back by four weeks, moving from August 21 to September 18.

This extension was announced jointly by Mayor Mamdani and Department of Finance Commissioner Richard Lee. Their statement highlighted that the additional time is intended to allow homeowners to firmly establish their primary residency or otherwise demonstrate their ineligibility for the surcharge. The city also plans to use this period to enhance communication and provide increased support to residents facing questions about the application process. This move comes in response to earlier criticisms from some New Yorkers who found the tax's implementation confusing and the exemption process burdensome.

Introduced in April, the pied-à-terre tax is a key component of Mayor Mamdani's broader initiative to increase revenue from high-net-worth individuals, which also includes proposals for higher income taxes on top earners and increased corporate tax rates. This particular levy targets owners of secondary homes in New York City valued above $5 million and is projected to bring in approximately $500 million annually. The Department of Finance began notifying potentially affected property owners in July. The tax has drawn considerable opposition from some affluent residents and prominent figures, including business leaders and former President Donald Trump, who have voiced concerns about its potential impact on the city. Despite the backlash, Mayor Mamdani emphasized that the tax is a vital instrument for securing necessary funds to support essential urban services like public safety and park maintenance, reiterating the city's commitment to ensuring all eligible residents have the time and resources to comply.

This policy reflects a larger effort to address New York City's significant budget deficit, a concern also supported by Governor Kathy Hochul. By extending the deadline and enhancing homeowner support, the city aims to ensure a smoother implementation of this critical revenue-generating measure, balancing fiscal needs with a responsive approach to citizen concerns.

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