Daryle Lambert: Man on a Mission Daryle Lambert, whose fresh perspective on the Antiques & Collectible Industry appears on his daily blog at www.31corp.blogspot.com, has been featured in December's Discover Mid-America trade paper.
News-Antique.com - Dec 07,2007 - Reprinted by permission of Discover-Mid America. (www.discoverpub.com)
by Bruce Rodgers
Daryle S. Lambert has got to be the most optimistic guy in the antiques and collectibles business. And to prove it, he’s written 31 Steps to Your Millions in Antiques & Collectibles, released earlier this year.
He says he’s a “man on a mission” to create millionaires, and he sure talks like it. Though a collector and dealer for 40 years, Lambert also worked in the oil and gas industry, real estate and financial services.
“Anyone can choose to be wealthy,” he said in a September press release. “And, they can do it right here in the antiques and collectibles market, whether they are seasoned dealers, collectors or weekend garage sale shoppers looking to sell items on eBay for extra money. Sometimes, people just need a fresh perspective and some guidance to change the way they work and think.”
Lambert, who lives in the Chicago area, is just as positive over the phone, and in his email responses to the questions we sent him in October.
DMA: If there's one attribute a collector/dealer must have to become wealthy using your 31 Steps, what is it?
LAMBERT: Patience is the one attribute that is needed to finish the “31 Steps to your Millions” as described in my book. Without it, you will buy too many items that don’t meet the criteria that I have set and then it will be difficult to compound your money. The compounding will be the secret to your success.
If you get in a hurry with your purchases, there will be too many mistakes made and these will be hard to overcome. Always remember that as long as you have money, there will be things to buy. Just be sure that the things you purchase have been bought using our formula for success and watch your money grow.
By acquiring patience, you will find that your knowledge will keep up with your buying power. What I mean by this is that initially you will be buying the more common antiques and collectibles, but when your money has increased by compounding, you must be looking for rarer and rarer items. To do this your knowledge base must also be increasing.
Slow down and enjoy your journey.
DMA: You rule out luck in talking about your plan. Many a dealer would attest to luck in discovering something worth more than what the seller is selling it for. Can you really discount luck in using your plan?
LAMBERT: Luck plays no part in our plan for success. The control of how you spend your money and the knowledge you acquire will be the determining factors in your success. In fact if you don’t believe me I will give you a example of why luck isn’t important in your search..
My friend Cecil visited a mall in Kentucky and as he was passing a showcase when he noticed this drinking glass that thousands of people had passed by but it