5 Dealer Traits You Must Have To Succeed!
Introduction
Let’s be blunt!
Most people who dream of being a professional antiques dealer … are destined to fail.
Not because they lack money, or contacts, or even knowledge …
but because they are missing the five essential traits, without which, success is impossible ...
and if I’m being honest and I realise it sounds harsh, I know most of you reading this blog will not have and never will have, all five traits.
So, by definition, you will fail!
That’s why this blog matters. It just might save you time, energy and money … lots of money!
Because in the antiques trade, survival really isn’t just about being polite and accommodating.
It’s about being opportunistic and predatory.
It’s about being focused and ruthless ...
and the only dealers who survive, are the ones who embody these traits in every transaction, every negotiation and every glance across that dusty auction room.
So today, I’m not going to give you vague advice or recycled clichés about "passion" and "loving history."
That’s ultimately, distracting and when you’re talking about making a profit … irrelevant!
Being passionate, doesn’t pay the bills!
Loving history, doesn’t deliver a profit …
and simply wanting to be an antiques dealer, doesn’t a successful business make!
So, instead of feeding you platitudes and wasting your time, I’m going to reveal five, uncomfortable, un-negotiable traits that separate the professional dealers, who survive and prosper… from the amateur or ‘citizen’ dealers, who eventually fail and vanish into obscurity.
So, we begin.
Trait Number One
Trait number one, begins and ends … where most of you will have already failed!
It’s what I call, ‘The Uncompromising Eye’ ...
and by, the ‘uncompromising eye’, I’m not talking about simply ‘liking or being interested in antiques.
Quite honestly, that’s not difficult, anyone can do that!
What I’m talking about, is having the kind of vision or insight, that slices through the noise and interference that’s everywhere around you.
In its most basic sense, ‘the uncompromising eye’ is all about the ability to spot quality and authenticity, hidden amongst a landscape of fakes, forgeries and to put it frankly … cheap old rubbish!
To make a profit, it’s all about identifying value, when everyone else walks blindly past, oblivious and unknowing ... and make no mistake.
An ‘uncompromising eye’ is not trained in a weekend or handed to you for free.
There are no shortcuts.
It’s earned.
It’s hard fought for.
It’s forged through mistakes, losses, and I’m sorry to break the bad news, through total and utter frustration …
and if you do not learn this technique, ‘the ability to see differently’, you will never deal successfully!
Deep down, every profitable dealer knows this: their eye is the window to opportunity and ultimately, the tool to generate success and profit.
Without the ability to see the world differently to the average ‘citizen dealer’, you are blind to profit!
Still with me?
Good.
Because trait one means nothing without trait two … and this is the point where most aspiring dealers, fold under the pressure.
Trait two sounds brutal, and it is.
Trait Number Two
In short, it’s ‘Clinical and Calculated Ruthlessness’.
Forget the fantasy of the benevolent antique dealer.
This business rewards predators who calculate risk, strip sentiment and negotiate with surgical indifference.
The dealer who hesitates in this cut throat world, loses profit.
The dealer who pities, loses margins.
And the dealer who mixes business with charity, is already dead in the water.
Sounds harsh, but if you cannot detach emotion from value and profit … you become the prey!
The reality is; your ‘friends’ in the trade are actually ‘competitors’, your suppliers are out to ‘exploit you for profit’ and your customers will be focused on wiping out your profit margin, if you let them!
Sounds brutal and negative.
Yes.
But if you enter the antiques trade with rose tinted spectacles, you will soon get found out and exploited and the likelihood is, you will lose a lot of money!
As they say, ‘careful what you wish for!’
Trait Number Three
Trait three on our list, is the need for ‘Relentless Curiosity’.
This is the irony of antique dealing.
To master the art, you must know more than anyone else, yet admit every day how much you still don’t know!
Relentless curiosity keeps a profitable dealer awake at night; researching obscure makers, learning forgotten hallmarks and tracing provenance through Google, crumbling ledgers and textbooks.
Without ‘relentless curiosity’, you become stagnant. And once mired in stagnation or apathy, you sink without trace.
So, be prepared to be consumed by questions, by doubts that pierce the bubble of certainty and by the relentless pursuit of truth. Sounds exhausting and it can be but ‘relentless curiosity’ is both a curse and a joy when you commit to being a professional antiques dealer.
Now, if you’ve followed me this far, you’re either hopefully learning something or you’re already becoming uncomfortable.
Good!
Because trait four is where the game changes, from skill… to survival.
Trait Number Four
Trait four can be described as having, ‘An Iron Stomach for Risk’.
Every deal in the antiques game is a gamble.
Every auction a battlefield.
You will overpay.
You will be wrong.
You will lose money ...
and if your stomach turns at the thought of financial blood on the floor, your financial blood, you should quit now!
Because profitable dealers embrace the volatility.
They take calculated risks not to survive, but to dominate and prosper.
The amateur or ‘citizen’ dealer plays safe and stays small … or fails.
The professional dealer risks failure but by learning the traits we have discussed so far, has the ability to win … big.
The difference between the winner and the loser is not courage.
The difference is tolerance for pain.
If you think I’m exaggerating, trait five will destroy your misconception.
Because this final trait is the one most would-be dealers will never acquire… and without it, nothing else matters!
Trait Number Five
Trait five is ‘Relentless Discipline’.
Knowledge without discipline is noise.
Ruthlessness without discipline is chaos.
Risk without discipline is ruin.
The antiques trade demands ritual precision: waking early for markets, cataloguing every item, tracking every penny, building systems so strong they appear invisible to everyone but you.
Discipline is not glamorous. It’s not exciting. It’s not romantic.
So, what is it?
It’s the foundation on which every profitable dealer builds their business empire.
Without discipline, you will most certainly lose.
With discipline, you cannot be stopped.
Summary
So here we have it.
Five brutal traits.
No romantic illusions.
No comforting myths.
No platitudes.
If you do not have them—you fail.
If you do, you endure.
Always remember.
The antiques trade does not care about your dreams or aspirations, because ….
there is no fairness or equality!
There is just, ‘the business’ and it is brutal.
It only rewards the eye, the ruthlessness, the curiosity, the risk and the discipline.
Everything else is distraction and noise.
So now you know why most will never make it.
My name’s Mark.
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