I'm Tired Of LOSING Money on Sports Cards

I'm Tired Of LOSING Money on Sports Cards. I have SOLVED the PROBLEM at Dallas Card Show
Welcome to the Dallas Card Show Day 1. Today we are here at VIP night with a $10,000 budget to spend on sports cards. In today's video I run through how I keep my deals, and finances organized when I buy sports cards whether its a $1 deal or a $10,000 deal. Keeping everything is organized is a key to building your sports card business. Through the years I have been unorganized, but its been a learning process to get to where we're at today.
The biggest mistake I've made is I will either forget the price I paid because I hadn't sold the card until months later, or I will not calculate the deals properly which will lead to me to lose money on deals in the long run.
Either way, if you do it as a collector, flipper, or investor.... Just keep track of everything. Even as a hobby, its good to track your hobby spend.
I am not an expert, but just sharing experiences.
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Topps Chrome Shirt: homage.sjv.io/eK9mqr
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Caitlyn Clark Shirt: homage.sjv.io/XYbJdo
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🚨NEW Fan Mail Address Below. Want a Sticker? Send me an SASE with a stamp on it:
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PO Box 251589
Los Angeles, CA 90025
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#sportscards #sportscardollector #sportscardinvestor #sportscardflipping

[@mojo_sports]

Want the FREE Lebron James National Exclusive. Join The OnMantel Collecting Community below FOR FREE for an entry in the giveaway: link.onmantel.com/mojosports Welcome to the Dallas Card Show Day 1. Today we are here at VIP night with a $10,000 budget to spend on sports cards. In today's video I run through how I keep my deals, and finances organized when I buy sports cards whether its a $1 deal or a $10,000 deal. Keeping everything is organized is a key to building your sports card business. Through the years I have been unorganized, but its been a learning process to get to where we're at today. The biggest mistake I've made is I will either forget the price I paid because I hadn't sold the card until months later, or I will not calculate the deals properly which will lead to me to lose money on deals in the long run. Either way, if you do it as a collector, flipper, or investor.... Just keep track of everything. Even as a hobby, its good to track your hobby spend. I am not an expert, but just sharing experiences. Join The OnMantel Collecting Community and chat sports cards for an entry in the lebron james national exclusive card giveaway: link.onmantel.com/mojosports Want $25 Off Your PSA Grading Submission? Use my link below: psacard-web.app.link/e/lzGP5NYinKb?$3p=a_hasoffers&$affiliate_json=https%3A%2F%2Fpsacard.go2cloud.org%2Faff_c%3Foffer_id%3D18%26aff_id%3D6%26format%3Djson Please don't forget to drop a LIKE and Comment down below Want $15 FREE From Whatnot? Join using my link. Best spot to buy single cards, breaks, and more. Link below: whatnot.com/invite/mojosports We're live on whatnot with $1 singles and breaks. Our schedule is below: 9/6/2024 3:00 PM: www.whatnot.com/live/84361484-3980-4442-b735-136f64fd02bd 9/7/2024 4:00 PM: www.whatnot.com/live/48c19bda-5b51-4b2b-b963-0fdf62cafd1b Grab an HOMAGE T-Shirt Feature in the video: Paul Skenes Shirt: homage.sjv.io/5g64Aj Topps Chrome Shirt: homage.sjv.io/eK9mqr Topps Red Shirt: homage.sjv.io/AW94mj Topps Red Hoodie: homage.sjv.io/GmeLnV 1984 Green Topps Shirt: homage.sjv.io/VmE1ZA Rodgers Jets Shirt: homage.sjv.io/g1j3Dr Caitlyn Clark Shirt: homage.sjv.io/XYbJdo De'Aaron Fox Shirt: homage.sjv.io/oq1rzb Submit with CGC Today. Use my Discount Code: CGC15 www.cgccards.com/ New users can use code MOJO25 on the link in the below for more details: bit.ly/3VL96lY Want a stand up display? Use the link below. Take 15% off with code: mojosports standupdisplays.co/?dt_id=1523361 🚨NEW Fan Mail Address Below. Want a Sticker? Send me an SASE with a stamp on it: Jaysen Moslehi PO Box 251589 Los Angeles, CA 90025 Zion Case. Use My Code: MOJO10 zioncases.com/?ref=mojosports #sportscards #sportscardollector #sportscardinvestor #sportscardflipping

[@Andrew-hq2ku]

Tired of losing money? Stop buying…..

[@Mr.paint123]

Don’t state common sense * people don’t understand it

[@RobertLee-wi5kc]

Mnn analyze. Why are you losing money? Are you paying too much? No normal wholesale is 70% of comps and in fact with the whole repack you can wholesale out up to 90/95%. The answer I believe is you are selling not to real buyers but when you sell on ebay or whatnot it is a rush to the bottom. You sell cheap or you don't sell. Try setting up at tables to both buy and sell and I suspect you will do much better. P.S. take a business course. Use invoices (IRS necessity) Also for large items easy to use inventory programs on your computer. Run it like a business. Hey you make 7K a month on youtube you are doing great on the content!!

[@scarpfish]

Yeah, but the card bro crowd can't make a KZbin video about responsible behavior like that. Well, I suppose someone could, but why bother. No one wants to watch that.

[@ferriswheeler08]

Or listening to Geoff.. who ruined the hobby I love ;)

[@MigzTwoRaw]

Just waste money on key players all stars only not random prospects that's just dumb

[@DocCVS1901]

MJ auto card for $90k or a down payment on a huge house, hmm.

[@mojo_sports]

Where we buying the house at 😂

[@RobertLee-wi5kc]

@@mojo_sports for 90K it will be a really nice shack:)

[@jessecantu5130]

@@mojo_sportsChicago 🤣 then u can find boosters who can get you 5k in retail for 500 worth of flinstone boulders

[@sethprice-ez2vr]

Definitely not out here in California💵🤯

[@DocCVS1901]

@@sethprice-ez2vr down payment and who said Cali I did not lose a bet.

[@mikenunya3655]

Quit buying ultra modern garbage.

[@MigzTwoRaw]

Waste money on only all stars and key players

[@TheYourname12345]

Will Levi’s is the future ! Titan up 🔝

[@kobechromerefractor7093]

thanks for bringing us along to the show. For those who cannot travel to shows, these videos bring us closer to the hobby

[@mojo_sports]

much love bro. thanks for tagging along

[@George_Gilbert]

“Leave me some room?” Nah man you can keep walking if you don’t like the price

[@mojo_sports]

lol

[@wahoosportscards]

Damn I need to buy at 68%

[@awesomelara10]

That guy with the 1/1 in no top loader is crazyy

[@chrismalone4491]

What not has ruined me I spent over $2,700 bucks on the past 8 days not even realizing I spent that much rookie mistake I guess I did hit on a $1,500 MJ tho and a CJ stroud

[@SoundQuestROB]

I'm feeling that Seattle fan Vince. I'm never using PWCC or Fanatics whatever it's called now, there auctions are giving away our slabs for peanuts 27 slabs of mine PSA & Beckett sold for $16 or less some for $5 what an absolute joke. Wish I could sue em'

[@RobertLee-wi5kc]

Guess I would ask why you sold them without a reserve? Obviously you won't be selling more there.

[@SoundQuestROB]

@@RobertLee-wi5kc They don't have a reserve it sells for whatever it sells for. 3 sold for $5 the cost for slabbing is $15 it's a scam they prob have people buying the cards for a super discount, 27 of them sold for $16 or less in other words cards for a Dollar.

[@ShadysRECOVERY]

It's not necesarrily an easier way to doo it but just a tip, IDK how many photos you take with that phone, but i'd put all the deal photos into their own album that way you dont lose any of them

[@HotBox009]

I do the same when i buy cards… take pic and write the total on the pic. Thanks Mojo for what you do for the card community, my son took a few pics with you. 👍

[@OlivasProductions]

Keep the hobby healthy

[@mojo_sports]

Facts

[@nikonuggage]

@@mojo_sportsthey were talking about you…..people who are solely in it to try to make money

[@trevorscheer7544]

@@nikonuggage the best part is he's such a narcissist that he doesn't understand that lmfao

[@Kenneth-nVA]

99% of the modern “ high dollar “ cards will eventually settle down to way below what you paid for them!

[@alexpluzington]

I just started my card business this year and I also find it hard to keep my stuff documented. I do have my excel sheet broken down by month with inventory carrying over to the next month that isn’t sold.

[@RAG718]

i will never understand dealers selling to dealers ...... and talking right in front of the dealer , that gave you deal , and saying how you will profit on whatnot ,,, huh?

[@Andrew-hq2ku]

This Mojo guy is….”special”

[@shoheigoat4329]

That "excel" document is the notes app.....

[@mojo_sports]

@@shoheigoat4329 we have one on sheets

[@chrismalone4491]

What not has ruined me I spent over $2,700 bucks on the past 8 days not even realizing I spent that much rookie mistake I guess I did hit on a $1,500 MJ tho and a CJ stroud that guy with his mom and wife is awesome I just watched one of his streams and bought some cards pig something lol I’m still new but great cards

[@jesscastillo3691]

community coffee is bomb; I got the yellow box tho

[@AstrosTom]

Great to see you at the show, Jay! I am glad I could give you a card for your PC. Stay safe!

[@thedeplorableone9240]

For me, watching this content puts the hobby into perspective. I’ve been collecting for 25+ years and I realize how insignificant my collection REALLY is.

[@emazonreviews6269]

So am I the whole thing has gone to 💩

[@mojo_sports]

Which part of

[@nikonuggage]

Lmfao You bought Pickett and Ridder, now you’re buying Hurts and Levis? You have HORRIBLE prospecting skills 😂😂😂😂😂

[@nikonuggage]

You’re doing these sellers huge favors buying them

[@mojo_sports]

Bro who are you buying

[@robertogato]

That Herbert/Love card around 16:20 🔥 I went to high school with guy who was college QB coach for both of them...he went from coaching Love at Utah State to going to Oregon with Herbert.

[@mojo_sports]

wow thats incredible. u must have known the coach was gonna be a beast? or was he a good player

[@robertogato]

@mojo_sports he was just an OK player...I think he was a student coach while still in school. In addition to Love and Herbert he was QB coach for Missouri that sent 3 guys to NFL incl Gabbert on the Bucs. He found his lane and is one of the best at what he does.

[@Mintacious]

Avoid will levis, next pickett

[@jasonking971]

Ya I wasn't in on Pickett and def not on levis either. Idk what people saw....he was good in 2 games then he was garbage all the rest

[@NamekCards]

That Rookie Gold Auto Mahomes at 65K sounds like a steal tbh 9:41

[@mojo_sports]

@@NamekCards I think it’s a 100k card

[@somedude414]

It's really just a gamble with guys like Levis or last years Ridder. You're better off spending your money on the old vintage greats or high end deals

[@calinaganking]

Love Josh Jacobs 🇵🇭 Green Bay LFG!

[@b-nuciproductions8313]

Or don’t buy stupidity lots / cards

[@AnimaUnda]

Kenny Pickett looked like a bust from the beginning when all the people were getting his cards I felt bad for them cuz he never seemed like he would be good sorry for your loss

[@user-mp9cd7sd4t]

Leave me some room. Not the dealer's problem that you have to resell them. Had to stop watching at that point.

[@FierceCards]

Love this video seeing your process and what your buying! Keep these coming.

[@DirtysockEOD]

I did all the steps for the lebron

[@Jz0000]

Levi’s is not good

[@Mr.paint123]

9:35 When you have a card of that “huck-Tu” girl and it’s going for $150 that’s when you know your in the wrong business * if y’all wanna call yourselves professionals and be taken seriously then things like that card make a mockery of what you do and what your business is all about

[@clauspage]

Great video

[@jeffblack4092]

Mayo boy

[@Mintacious]

Selling slabs and bangers at the trade night.🔥🔥🔥🔥🔥

[@chrismartinez8393]

Start stacking gold and silver coins

[@EdwinLap]

Damn..I got soccer games amigo U-14...no go this time around in Dallas

[@MrHarco77]

Mojo I was at Burbank but couldn't find you. I had a Sacramento Kings card 4 ya. I'll catch ya in Texas some time. Moving out of California now

[@mojo_sports]

ayyyy repsect bro. see u around

[@joedill4311]

The biggest way to not lose money is to never hold anything and to flip them QUICK! Holding cards in as rissssssky as playing scratch off's!

[@RobertLee-wi5kc]

Really so you sold all your LeBrons like the second year he was in the league? When did you sell your Jordan's and Tom Brady's?

[@mojo_sports]

its tough

[@joedill4311]

@@RobertLee-wi5kc i don't really think its fair to compare the sports card market in 1986 or 2004 to the market that we've lived in since 2019-2020. I was speaking of the present and I really believe that's the play TODAY unless it's like a Paul Skenes, Anthony Edwards, maaaayyyybe C.J. Stroud type of talent, is to sell QUICKLY. A good comparison would be Ethan Salas (18 year old top prospect, San Diego Padres).....the week 2023 Bowman Chrome came out, his Bowman First Auto was selling for $500. A year later it's $100 or less and he's still considered a top 10 prospect in all of MLB. Unless you have a project able card 1/1 or 1/5 (or some parallel that's been highly valued for years), it's almost not even worth it to gamble anymore. In 95% of cases, I'd sell a big hit TODAY!

[@scottwallace3945]

Thanks for the Shoutout to my son Tanner. Great meeting you and getting a deal done with you. You made the trip well worth it brother! Deal #4 ❤ my kid is on cloud 9!

[@livelycardcollector]

community coffee is a solid 6.5/10

[@mojo_sports]

Haha oh snap

[@livelycardcollector]

@@mojo_sports respectfully of course.

[@tas466]

It’s called being a bad business man

[@mojo_sports]

Lmfao what

[@studiocollector1061]

😂 I stopped reading the titles of your videos. Gets me every time 😅

[@mojo_sports]

lol

[@matthewkennard1166]

I see the mahomes and jordan cards posted on facebook quite a bit, always enjoy looking at them. This is the first time i saw them in a video very impressive collection there

[@mojo_sports]

right? theyre insane. thanks for watching. theyre very nice guys

[@jessecantu5130]

So glad I haven’t lost a dollar 💵!!! I get all my blasters Megas u name it for the best price in the world 🌍 🤣

[@PurpleTrees007]

How much income can a person make doing this full time?

[@mojo_sports]

50-250k a year

[@PurpleTrees007]

@@mojo_sports so I would just go to card shows and buy cards from 10-30% off and resell them on Whatnot?

[@papatrott8360]

Mojo, in the building! 🙏

[@mojo_sports]

whats good

[@papatrott8360]

@@mojo_sports 🤣

[@chrisrivas31]

Hey was up mojo hope u having fun my guy .I have a graded card signed for your pc idk if u have p.o box where I can send it ..I saw a. Mojo card signed by u in eBay for 50$ 😂😂😂

[@robinrahmani4705]

You’re doing the same thing many of us did and have done many many times, which worked out between 2019 and 2021, but will no longer work out. You’re trying to time the market by speculating on who the next big shot player is gonna be. Stop with the speculation. Buy solid cards of solid, proven, future Hall of Famer’s. Yes, those cards will not increase in value like a more speculative player will, but at least the likelihood of that card diminishing in value is substantially less. For example., if you have a choice between a Steph Curry rookie or a Shai Gilgeous Alexander/Jaylen Bronson rookie, pick the Steph. Ask yourself “ what have Shai and Jalen accomplished aside from currently playing at an All Star level?” Not a goddamn thing. So why invest in their cards? Because we’re trying to catch lightning in a bottle. It’s too scary, too risky, and too speculative. Just stick to the proven players. I guarantee you a Tom Brady rookie will be worth a lot more in 10 years than an equivalent Josh Allen/Joe Burrow rookie. I speculated a lot and lost a lot of money. I’ve stopped doing that. Win a championship first and then we consider paying good money to buy one of your cards. Playing at an Allstar level is not good enough because you have a thousand different variations of a rookie card. So the only thing that can help a player stand out is if they become a champion. Only exception is if they do things that has never been seen before (ex: Shohei Ohtani). Otherwise, no championship, no pay money for card.

[@mojo_sports]

@@robinrahmani4705 well said. Sheesh.

[@justinneilsonn2665]

Im all about the vibes

[@mojo_sports]

🙌

[@mrvirtue2181]

Great having you back @Whatnot 😊

[@mikolajstan1661]

Great video as always! Crazy how the market works but you got to risk it for the biscuit!

[@mojo_sports]

my g. thanks for watching

[@brianconrow5281]

Bro, you missed me? i’d love to get that Marino brother we gotta do something. Probably won’t see you till next year.

[@mojo_sports]

yoooo next time.

[@jyoungga]

The kung fu kenny t shirt is nice bro. Football season is brutal sometimes. Like That guy with 1 of 1 sheild if your in it for the money. But collect what you love like you said.

[@mojo_sports]

Thanks bro!! He’s awesome. Exactly buy what you like

[@cckiko888]

When you’re writing the total deal price on your photos you can choose text if you prefer, just press the “+” on the right side of the pens/pencils and an option for “text” will show up and you can just type in the amount instead of having to write it

[@mojo_sports]

Man that helps wow

[@kennyg8529]

I need that kung fu Kenny shirt

[@mojo_sports]

eBay! I love this shirt

[@lisazdankiewicz8846]

Lovve that Skenes ! Sweek Ohtani cards. I wish sooooo bad I could goto the Dallas show. Its like a glass of water in front of you in the desert and iit just out of reach LOL Glad you do these vlogs so we dont miss anything. Great deals today, thanks for sharing !!

[@sergeanen7149]

Hi Mojo, again a good video; and i feel the passion of ouer hobby 👍😊

[@mojo_sports]

Hey, thanks!

[@ARMENASSATURIAN]

Ultra modern garbage ANYONE WHO BUYS PICKKET KNOWS NOTHING ABOUT FOOTBALL

[@mojo_sports]

who u buying

[@ARMENASSATURIAN]

@@mojo_sports mj kobe especially kobe autos some lebrons

[@ericvonwiegen5672]

Nice 👍

[@mojo_sports]

thanks for watching eric

[@PickSixCards]

What up Mojo

[@mojo_sports]

suppppp

[@TXRANGER5]

Are you gonna be there tomorrow?

[@KK-pm7ud]

If you're sorry about losing money, just talk about cards you used to own that went up in value like Geoff. They don't tax unrealized gains yet so you're golden.

[@angel-ij4xv]

stop buying cards then

[@ferriswheeler08]

He ruined the hobby I love.. with his bullshtt...

[@KK-pm7ud]

@@ferriswheeler08 Next Thursday is going to be lit on the live. I heard they're going to have a special guest and Geoff will respond about his StarCard by then.

[@ivan.1923]

Hey brother MO

[@mojo_sports]

whats good

[@Tdog8803]

Good vibes as always!!

[@mojo_sports]

🥳🥳🥳

[@s.macintosh-jc9rf]

Hi Jay, I’m just checking in with your channel after a little while. You have really increased your presence in the hobby and I take my hat off to you. I remember about 18 months ago and you have exploded since then. Never quit and thanks for your efforts in the hobby. Much love bro, Peter

[@mojo_sports]

ayyy peter. thanks for checking in. Preciate ya

[@thedj7710]

Nice lebron! Great content. Signed up for mantel and followed.

[@mojo_sports]

Welcome aboard!

[@cbadcali]

Great video again, Mega Vibs! Appreciate the accounting tips simple but effective. Quick follow-up how do you track trades in your spreadsheets (card for card or card for card/cash)?

[@callmekoolaid4245]

nice sweatshirt

[@mojo_sports]

Thanks

[@PickSixCards]

Awesome video

[@mojo_sports]

Thanks dude