Selling Medical Equipments and Supplies

I live in a country where rice is the staple food. And what does it mean? It means that a major percentage of the population are diabetics. Rice when processed by our digestive system become glucose. So that means too much sugar in our bodies. Anyways, how do we see that as a money making opportunity as well as helping diabetics? It’s really pretty simple. This is how my cousin and I did it.

My cousin works for a multinational company that deals with medical equipments and supplies. He got a huge discount if he purchases merchandise from where he worked. He supplied me with blood glucose monitoring systems (the portable ones) and test strips. ( the paper strip where in you put trickles of your blood to be inserted in the portable machine to know you blood sugar level.)

I made money selling those monitoring systems for a profit or I charged for a fee if a person wants to know his or her blood sugar level or I sold the test strips only. I got like residual income from people with diabetes who buy test strips because they have to keep monitoring their blood sugar over and over again, and that means they keep buying test strips from me over and over again.

It was a pretty neat way to earn money. It was conducted in a very small and experimental scale so we never really bother with the legalities. Six months into our small business my cousin quit his job, was lured into the high stakes world of real estate and I no longer have a supplier. Thus, my medical supplies peddling days were over.

The bottomline here is , there are opportunities and ways to make money around us , everyday.We just have to be very keen and sensitive and take advantage of it.

Comments

Charlie Electra said…
You are very lucky to have a cousin who works in a the industry where he gets discounts on medical supplies and equipments. I wish I could also get the equipments at cheaper price. Thank you for sharing your tips. I found your article very interesting.

Regards,
Charlie
Used Laboratory Equipment For Sale
2:09 AM
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