Making Progress

February is going good so far - in some ways. As far as money made, not so good. However, I have made progress with my projects.

Poker
Haven't really played much this month. I did play enough to lose about $300 playing higher stakes games. The last two days I have played about 5 different types of tournaments and won them all. So in a few hours I made it all back. I'm up slightly for the month.

Project K (selling car product)
This project is going really well. I sold my first one. As I mentioned in my previous post, the price range for this product was going to be $15-$20. I sold the first one for $35. There seems to be quite a demand.

I'm going to continue selling these on ebay while I market them on forums and myspace. Eventually this will payoff when I make a website for these parts. I'm even in talks with a guy about him possibly being a reseller. My goal was to try and sell 50 this month. I'm not sure if that will happen, but I think this project is one of those that will snowball once it gets going.

Project Combo (user friendly kit)
I'll be working on this project as I get free time. I did some initial part sourcing research and there seems to be a nice profit margin there. The tough part with this project will be reaching the consumers. I'm not really sure how I'll market this one. I'll update when I put some more work into it.

All in all not much profit, but there's a good outlook.

Totals to date: $1,260 profit. $23,740 to go.