It’s Just Shoe Business! Final

Clinton Wilhight

Project 2: Literacy Stories

October 15, 2013

Basketball has been a love of mine since a young age. I grew up in Westchester, Illinois, which holds a rich tradition of basketball. The high school located in my town was St. Joseph High School. St. Joseph High School had a rich alumni base highlighted by NBA Hall of Famer Isaiah Thomas and current NBA player Evan Turner. It was now my junior year and the basketball season was rapidly approaching.

Before the schoolwork got really rigorous and the season started, my parents booked me a plane ticket to visit my cousins in Atlanta and there I saw my older cousin Jeff was a retro shoe collector.air-jordan-sneaker-collection Jeff had an extensive shoe collection and some of his shoes weren’t even worn. Jeff had many types of Jordan’s in a wide variety of colors. I was amazed by his collection and I wanted to build a shoe collection of my own. My cousin Jeff had a pair of shoes that he just got and didn’t even wear yet. The shoe was called the Jordan 3 “True Blue.” The pair of shoes looked really expensive and I had never seen them before.

Jeff had a friend named Glenn that constantly talked about the True Blues. He told me they were rare and hard to get a pair. Jeff and Glenn wore the same size and Glenn constantly nagged my cousin about selling his brand new pair of shoes to him. Glenn asked to buy the shoes from him for retail, $160. My cousin said no to the offer. Two days later, Glenn proposed another offer and this time he wanted to buy them from my cousin for $195. My cousin refused the offer again. At the conclusion of stay, Glenn came with his final offer and it was $215. My cousin wanted to refuse it so bad, but he accepted the offer and ended up with a $55 dollar profit. I was shocked that someone was willing to spend so much on a pair of shoes.

I soon returned home and it was time to get started with school. Two months later it was basketball season. Our first game was in a week and our team was practicing like crazy. Devastating news struck our family during that week of practice. My father was downsized from his job at Pepsi Co. My parents were saddened and immediately implemented a family budget to cut out all unnecessary expenses. The shopping spree that my parents had planned for me was cancelled. I started looking into options to bring in money so that I didn’t have to ask my parents for any. I explored the option of getting a job, with the basketball season starting and the strenuous homework; I simply didn’t have any time. I thought back to when my cousin sold a pair of shoes. How he gained a solid profit from one pair of shoes. I thought deep and hard, and it hit me. The idea that I should start a small business where I buy retro Jordan’s similar to my cousin’s and sell them for a profit hit me. I knew it wasn’t going to be easy but I had to figure out a way to tap into the shoe market.

If this whole idea was going to work, I knew that I had to do a lot of research to make this successful. air_jor_collI spent countless hours on the computer. I started my research by searching all the different types of Jordan’s and learning their names and number classifications. There were 21 different types of retro Jordan’s and I did so much research, I was able to identify each type by just looking at them.  After I learned the names of the shoes, I had to research and learn about which shoes were more profitable than others. I discovered at the time that Jordan 11’s, Jordan 4’s, and Jordan 3’s were the most profitable. These shoes were the most profitable because the demand for them was crazy. There were limited amounts of them made and distributed. Also these shoes had the best of color ways. The average profit on each of those shoes was roughly around $50-$60.

My next steps to make my business were to find a way to get these rare shoes and learn the terminology when selling the shoes. I started with the terminology. In order to sell the shoes, I made to make sure that I knew the terminology. I discovered that abbreviations like DS meant Dead Stock. Dead Stock meant that the shoes were never worn and were in mint condition. Dead Stock shoes were the most profitable. Also while doing research, I learned some aspects of business. I learned supply and demand curves in regards to shoes. I learned which shoes were the most in demand along with how many shoes were being made. As for securing the shoes I wanted to sell, one of my friends got a job at Footlocker and basically he had the power to hold some of the rare shoes for me to buy. We tag teamed and my business was created. I found a list of many of many shoes that were coming out. I successfully bought my first pair of Jordan’s, the Bred Jordan 4’s,  for $160.  These shoes were really special because they had the original Chicago Bulls color way of Black and Red. I learned to market my shoes in the 21st century. I created Twitter and Facebook accounts where I posted my shoes. I gained followers and friends that would follow these accounts and bid for the shoes. After marketing my shoes on Twitter and Facebook, I successfully found a bidder. I messaged the winning bidder back and forth until we decided on a place to meet up and trade the shoes for cash. My first transaction took place at my neighborhood’s local Costco, where I met the bidder and sold my shoes for $205. Now it wasn’t a lot of money but it was a nice little $45 profit. Since my first shoe transaction, I have continued to run my business. I have made over 20 transactions resulting in more than $1000 in profit. The highlight of my shoe sale came when I sold a pair of shoes for $250 when I originally bought them for $140.

I still am successfully running my business even though I have transitioned into college. I still to this day, read up on the latest shoes and which shoes are selling for the most. Also I stay up to date on the current demand for certain shoes. Thanks to my cousin, he inspired me without even knowing it. I not only started a successful business, but I successfully financed myself while my parents were looking for jobs. I have learned some of the basics to business as well as being fluent in sneaker language. Shoes have been a huge part of my life and have led me to want to pursue Finance in college at Purdue University.

It’s Just Shoe Business!

Clinton Wilhight

Project 2: Literacy Stories

October 11, 2013

Basketball has been a love of mine since a young age. I grew up in Westchester, Illinois, which holds a rich tradition of basketball. The high school located in my town was St. Joseph High School. St. Joseph High School had a rich alumni base highlighted by NBA Hall of Famer Isaiah Thomas and current NBA player Evan Turner. Growing up I wanted to be the next great player and play for the best coach in the state, so I decided to go to St. Joseph. My junior year the basketball season was approaching and it was going to be my first year on Varsity. I was really excited.

Before the schoolwork got really strenuous and the season started, my parents booked me a plane ticket to visit my cousins in Atlanta and there I saw my older cousin Jeff was a retro shoe collector. Jeff had an extensive shoe collection and some of his shoes weren’t even worn.Jeff had many types of Jordan’s in a wide variety of colors. I was amazed by his collection and I wanted to build a shoe collection of my own. My cousin Jeff had a pair of shoes that he just got and didn’t even wear yet. The shoe was called the Jordan 3 “True Blue.” The pair of shoes looked really expensive and I had never seen them before.

Jeff had a friend named Glenn that constantly talked about the True Blues. He told me they were rare and hard to get a pair. Jeff and Glenn wore the same size and Glenn constantly nagged my cousin about selling his brand new pair of shoes to him. Glenn asked to buy the shoes from him for retail, $160. My cousin said no to the offer. Two days later, Glenn proposed another offer and this time he wanted to buy them from my cousin for $195. My cousin refused the offer again. At the conclusion of stay, Glenn came with his final offer and it was $215. My cousin wanted to refuse it so bad, but he accepted the offer and ended up with a $55 dollar profit. I was shocked that someone was willing to spend so much on a pair of shoes.

I soon returned home and it was time to get started with school. Two months later it was basketball season. Our first game was in a week and our team was practicing like crazy. Devastating news struck our family during that week of practice. My father was downsized from his job at Pepsi Co. My parents were saddened and immediately implemented a family budget to cut out all unnecessary expenses. The shopping spree that my parents had planned for me was cancelled. I started looking into options to bring in money so that I didn’t have to ask my parents for any. I explored the option of getting a job, with the basketball season starting and the strenuous homework; I simply didn’t have any time. I thought back to when my cousin sold a pair of shoes. How he gained a solid profit from one pair of shoes. I thought deep and hard, and it hit me. The idea that I should start a small business where I buy retro Jordan’s similar to my cousin’s and sell them for a profit hit me. I knew it wasn’t going to be easy but I had to figure out a way to tap into the shoe market.

If this whole idea was going to work, I knew that I had to do a lot of research to make this successful.I spent countless hours on the computer. I started my research by searching all the different types of Jordan’s and learning their names and number classifications. There were 21 different types of retro Jordan’s and I did so much research, I was able to identify each type by just looking at them.  After I learned the names of the shoes, I had to research and learn about which shoes were more profitable than others. I discovered at the time that Jordan 11’s, Jordan 4’s, and Jordan 3’s were the most profitable. The average profit on each of those shoes was roughly around $50-$60.

My next steps to make my business were to find a way to get these rare shoes and learn the terminology when selling the shoes. I started with the terminology. In order to sell the shoes, I made to make sure that I knew the terminology. I discovered that abbreviations like DS meant Dead Stock. Dead Stock meant that the shoes were never worn and were in mint condition. Dead Stock shoes were the most profitable. Also while doing research, I learned some aspects of business. I learned supply and demand curves in regards to shoes. I learned which shoes were the most in demand along with how many shoes were being made. As for securing the shoes I wanted to sell, one of my friends got a job at Footlocker and basically he had the power to hold some of the rare shoes for me to buy. We tag teamed and my business was created. I found a list of many of many shoes that were coming out. I successfully bought a pair of Bred Jordan 4’s for $160.  I learned to market my shoes in the 21st century. I created a Twitter and Facebook accounts where I posted my shoes. I gained followers and friends that would follow these accounts and bid for the shoes. After marketing my shoes on Twitter and Facebook, I successfully found a bidder and sold my shoes for $205. Not a lot of money but it was a nice little $45 profit. Since my first shoe sale, I continued to run my business. I have made over 20 transactions resulting in more than $1000 in profit. The highlight of my shoe sale came when I sold a pair of shoes for $250 when I originally bought them for $140.

I still am successfully running my business even though I have transitioned into college. I still to this day, read up on the latest shoes and which shoes are selling for the most. Also I stay up to date on the current demand for certain shoes. Thanks to my cousin, he inspired me without even knowing it. I not only started a successful business, but I successfully financed myself while my parents were looking for jobs. I have learned some of the basics to business as well as being fluent in sneaker language. Shoes have been a huge part of my life and have led me to want to pursue Finance in college at Purdue University.

MY FIRST APPLE PRODUCT

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I received my first Apple electronic product in 2008. I was in the 8th grade and I was 13 years old. The first Apple product I ever bought was the Ipod Touch 1st Generation. I fell in love with my new Ipod. The quality of the product was amazing and almost instantly I dedicated my life to only buying Apple products. Since buying my first Ipod, I have had 2 Iphones, an Ipad, and 2 Apple Macbooks. The simplicity of Apple’s products makes me want to keep buying them. Apple is a company that is constantly coming out with new products. Also I am one of those tech people that like having the latest and greatest of products. Ever since buying my first product, I now do extensive research towards their new products. I read up on their new products to see if I want to upgrade and buy the newest devices. Ever since being exposed to my first Apple product, I have spent countless hours reading articles about their products and future products. Apple has opened my mind up to the technological world and now I read a lot on technology in general.

UNDERSTANDING MUSIC

 

 

 

Music has been in my life for a long time. I enjoy listening to music on a daily basis. My love for music originated back in 4th grade, the year 2004, when I started playing the trumpet. I didn’t really like playing trumpet but I did it because it made my parents happy. Basketball was my main love. I vividly remember in 2006, when my dad took me to Starbucks and my love for music and reading music changed. While in Starbucks there were Miles Davis CD’s on sale. My dad bought one for me. When I got home, I listened to it and I fell in love with it. Listening to the beautiful music, that CD inspired me to want to improve my trumpet skills. When I returned to school, I worked really hard to be able to read music and play it to the best of my ability. I saw improvement in my playing ability and reading ability. I quit playing the trumpet when I got to high school but that never stopped me from understanding and reading music. From time to time, I pull out some of my old sheet music to help me remember how to read music. I quiz myself on the different scales and notes. Ultimately, the Miles Davis CD really inspired me to be a better trumpet player as well as improve my music reading skills.

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I DONT KNOW HOW TO PLAY

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Video games have been a part of my life for a long time. I started playing video games at the age of 5.  My dad bought me the PlayStation One. I still remember the first game I ever played. The first game my dad ever bought me was NBA 2000. It was a really fun game. Looking back, I can really see the graphics of video games has really evolved. When I first got the game, I didn’t know where to start. I was terrible at the game. While looking at the game packaging, I noticed a little booklet. In the booklet I saw all the controls for the games and an explanation of each game mode. Although I was only 5, I used the basic controls such as pass and shoot to guide me through the game. Ever since that day, I have made it a practice to read the instruction manual of every video game. The competitive edge in me makes me want to know every control in the game and be better than everybody. I’ve owned hundreds of video games and many of the game controls differ. I have developed a passion for video games and I will continue to read the instruction manuals.

A 2nd LANGUAGE

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I first started Spanish in the 7th grade.  I was so excited to try and learn a new language. I felt that if I could speak Spanish, it would make me unique. My first Spanish textbook was, Bienvenidos. The book taught me the basics of Spanish. The basics consisted of how to say hello and goodbye. The book progressed towards the different tenses and more advanced stuff in regards to Spanish. Ever since taking that 7th grade Spanish class, I have been really inspired to be able to learn the language. I want to be able to fluently read it and write it. In high school I took Spanish and I plan to continue in college. Spanish is something that really interests me and I will continue to learn how to read and speak it.

FROM PROJECT TO INTEREST

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My passion for computer coding started in the summer of 2013.  In the summer of 2013, I took a semester worth of classes. One of the classes I was taking was Management 390. It was a class that introduced students to the different Microsoft Office products as well as basic computer coding. As a final project for the class, we each had to do some computer coding and build a website. At first, I found computer coding to be very challenging. As I started to get the hang of it, coding started to become fun. I successfully built the website and I got an A on the project. Since I took that class, my passion for coding has increased. I went out and bought a book that explained coding more in depth and showed more advanced codes to help improve my website. Coding in a sense is a language. When I code, it feels like I am writing in a different language. I continue to read my book from time to time to help me understand coding better. Since the world is starting to revolve around computers, I am thinking about minoring in computer science.