Highly Effective Habits of Successful Auctioneers.
Submitted by admin on Mon, 23/01/2012 - 07:47
Today’s Newsletter is brought to you by the legendary Markco of
JustMyTwoCopper fame, and he will be broaching the subject of what
it takes to be a highly successful Auction House Millionaire.
If you would like to find out more about his trio of WoW study
courses, make sure you check out the intriguing video below.
Post by Markco : Highly Effective Habits of Successful Auctioneers.
The large majority of players using the auction house are one time
shoppers/sellers who are unaware of the ebb and flow of the river
they are temporarily traveling. Nor do they understand the dangers
of attempting to cross without understanding the factors involved.
Luckily, you are not one of those people. You came to this blog and
the hundreds like it because you wanted to unlock the 'secrets' to
making gold but mostly because you want to understand.
There are three 'pieces' to making gold that you need which mirror
the factors required for success in real life:
1. Motivated to Learn
2. Organization
3. Determination to Stick to a Plan
Being motivated to learn is what will begin your quest for gold
domination as well as keep it healthy and growing. If you ever stop
learning you will soon fall prey to the person that didn't stop.
When you first start out you want to be a voracious reader and be
like a sponge to a current of knowledge.
Experimentation is also part of being motivated, so feel free to
take big risks and remember that even if you lose out you still
learned something in the process.
Organization is what separates two well learnt auctioneers from
each other. If you have everything planned out into a system then
you will not only save time but your customers will come to expect
your goods. Organization is the key to creating a consistent
income, as well as helps you learn your own markets because you are
always present in them.
Determination to stick to your organized and motivated plan for
success is what allows you survive tough times. Don't mistake
determination for stupidity however, as a wise man once said:
Consistency is a virtue if you aren't a screw up!
What should you do with this post?
First, get a piece of paper out and organize everything down to
running to the mailbox for all your characters. Create a day by day
to-do list as well as organize any cooldowns you might have on
various cycles. Try to focus on a Tuesday to Tuesday cycle that you
can follow along and repeat. Write down everything including which
characters you log on, what you will sell and in what quantities,
time you will spend farming, etc. In other words become a well
oiled machine following an intricate plan for success.
Second, stick to your plan and ride the tough days out. Think long
term, and always look to take advantage of those that aren't. Look
for price gougers, people dumping stocks, etc.
Finally, keep learning and experimenting. You'll find that the time
you save with your organization will allow you to mill around the
auction house looking for deals or taste markets. Find farmers,
play in trade chat, or do anything else you can think of to
continue learning and exploring.
Most importantly... HAVE FUN!
And that rounds up our newsletter of the day, thanks for reading.
If you would like to know more about Markco and his famous
achievements in WoW, make sure you take 2 minutes of your time to
watch this.
Rooting For You
Tony ‘T Dub” Sanders
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