What business idea is this called? - 1
If I were too. (Just for example). Sell my iPhone online for $500.
Then go find two more for $200 locally, and then keep one and sell one for another $500, and keep repeating the process. What is this called?
I know you're all going to think it is flawed, but just trust me, and answer my question please.
That's simply a reselling scheme or compounding of your investment. There's no special name for it.
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