HOW I MAKE MONEY AS A SMALL BUSINESS OWNER

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  • Опубликовано: 13 ноя 2023
  • Hey guys, this is how I make money in my small business here in South London... I'm sharing everything I've learnt the past 3 years and the various income streams I've built up in this time. I hope you find it useful! Comment down below! Lily x
    Join my online how to build a micro bakery course here: 033888-2.myshopify.com/produc...
    Buy my ebook here: 033888-2.myshopify.com/collec...
    My RM2020 oven 🇬🇧: bit.ly/44IuImz
    Some of my favourite bakery products: www.amazon.co.uk/shop/lilysloaf
    My RM2020 oven 🇺🇸: www.pntrs.com/t/8-12416-28646...
    * These are affiliate links which means I make a small percentage from any sales *
    follow Lily's Loaf here: / lilys_loaf
    order from my micro bakery here: www.lilysloaf.com/
    Buy a community loaf here: www.lilysloaf.com/product-pag...

Комментарии • 41

  • @polokucoch8112
    @polokucoch8112 7 месяцев назад +13

    I realize how important it is to buy from Micro business owners. Also, It's important for everyone to watch Lily's videos from beginning to end. It really helps the algorithm.

    • @LilysLoaf
      @LilysLoaf  7 месяцев назад +1

      thank you so much☺️

  • @amyprofitspecialist
    @amyprofitspecialist 7 месяцев назад +2

    Thanks for sharing the nitty-gritty details, Lily! Your journey as a small business owner is so relatable, and your pie charts give a clear picture of the diverse income streams.

  • @Captain-Max
    @Captain-Max 7 месяцев назад +2

    You are a Rock Star! 15 yrs ago, I took up content writing looking to make passive income to supplement my pending retirement. Unfortunately, after I reached the point where it was lucrative, the online company was sold and shortly dissolved. I love the plan of diversity in business plans. Make the most of every opportunity. I'm so looking forward to seeing you in the new shop.

  • @lauriecortess
    @lauriecortess 7 месяцев назад +1

    Hi, Lily 😊. Thank you for sharing your journey during this 3 years working in your home bakery. Every time, I watched your videos: Instagram stories or post i get inspired by your hard work and perseverance. Hoping to see your new bakery when all the paper work and construction is done. You´re an inspiration thanks 🍞💖

    • @LilysLoaf
      @LilysLoaf  7 месяцев назад +1

      Thank you so much Laurie! So lovely of you to say and so appreciate your support!

  • @davidwpinkston4226
    @davidwpinkston4226 7 месяцев назад

    i feel you are talking directly to me. that skill can also pay off in the feature.

  • @kitcat9447
    @kitcat9447 7 месяцев назад

    I really love this type of video. Challenges me to grow and expand my little cottage bakery.

  • @mattmallecoccio8378
    @mattmallecoccio8378 7 месяцев назад +1

    I feel bad that I was so hard on passive income. I just thought it meant you earned money from doing nothing at all like some people like to do. Thank you for explaining passive income

  • @sammahoney904
    @sammahoney904 5 месяцев назад

    Really interesting. Thank you.

  • @MrsJax304
    @MrsJax304 7 месяцев назад +1

    This is an awesome video. Thank you for the insights.

    • @LilysLoaf
      @LilysLoaf  7 месяцев назад +1

      my pleasure!!

  • @bracknellsewingbees6732
    @bracknellsewingbees6732 7 месяцев назад +2

    As always Lily, great video ❤. Cat wait for you to move into your new premises 🎉

    • @LilysLoaf
      @LilysLoaf  7 месяцев назад

      Thank you so much 💕

  • @mattmallecoccio8378
    @mattmallecoccio8378 7 месяцев назад +2

    Hi Lily! Love your videos and prayers for your brick and mortar shop

    • @LilysLoaf
      @LilysLoaf  7 месяцев назад +1

      Thank you so much!

    • @mattmallecoccio8378
      @mattmallecoccio8378 4 месяца назад

      @@LilysLoaf I feel bad that you didn't get to keep your bakery going, but I know that it's probably better for your well being

  • @tejalkaji3790
    @tejalkaji3790 6 месяцев назад +1

    Lily! I love watching your videos. I would love to hear how you manage (and started) the Wholesale side of your business. I run an at home GF cottage bakery in NY (USA) and find your videos super informative. Can't wait to see your new space!

    • @LilysLoaf
      @LilysLoaf  6 месяцев назад +1

      hey!! ooh awesome shout! Maybe I'll set time aside to create a course purely as a guide on wholesale business :) best of luck to you!

  • @PCRoss2469
    @PCRoss2469 7 месяцев назад

    Keep diversity in the income streams and try and balance them so you are not too dependent on any single one. It's tricky but is less stressful if you can keep balance.

  • @mwflanagan1
    @mwflanagan1 7 месяцев назад

    I’ve always been happy to be subscribed, and have enjoyed rooting for you. I imagine your RUclips subscribership will increase after you get in your own shop, along with increased business. Wish I were there to have some of your gluten-free products. Thanks for your quality content.

    • @LilysLoaf
      @LilysLoaf  7 месяцев назад

      Thank you so much 😊

  • @Lee_Mon_Tree
    @Lee_Mon_Tree 7 месяцев назад

    Thanks for opening about this process,and inspire! :) i'll have an eye on you course just for getting ideas about how i want to finance myself in the future! You do a lot of work just by ypurself, big up on that!i have one question if it is not invasive, with your income you think it is posible to live in London independet without struggle? thanks anayway!🥰

  • @frannypeony2076
    @frannypeony2076 7 месяцев назад

    Hope all is progressing well in relation to the new bakery.
    🤞🏼👩🏻‍🍳🍀

    • @LilysLoaf
      @LilysLoaf  7 месяцев назад

      Thank you so much

  • @rebeccadarling2155
    @rebeccadarling2155 2 месяца назад

  • @michelleperia920
    @michelleperia920 7 месяцев назад

    Your small business website is stunning. Is that Shopify? Or a combination of different platforms? Thank you. Have been watching since the beginning...aspiring entrepreneur. Thank you for the inspiration!

    • @LilysLoaf
      @LilysLoaf  7 месяцев назад +1

      Hey Michelle thank you! I use shopify for my online products (ebook & course etc) & wix for my local deliveries of bakes to customers :)

  • @user-xb2iy9or6x
    @user-xb2iy9or6x 5 месяцев назад

    you've done such a great work as a young entrepreneur that run her business by herself!!! you are such an inspiration for me. How do you calculate your price for wholesale? I think this could be helpful for us to know if we want to be a supplier:) thank you!!!

    • @LilysLoaf
      @LilysLoaf  5 месяцев назад

      thank you :) I go through pricing in my online course which might be helpful to you!
      033888-2.myshopify.com/products/how-to-build-a-micro-bakery-business

  • @jklphoto
    @jklphoto 7 месяцев назад

    Hey Lil, what smaller oven is that at 8:15? I'm looking for something, not quite ready for an RM2020 tho.

    • @LilysLoaf
      @LilysLoaf  7 месяцев назад +1

      Hey! It’s a eurofours convection oven which I use for my buns/ pastries/ cookies alongside my rm2020 :)

  • @GTAVBM
    @GTAVBM 7 месяцев назад

    1:01 Nice Morning Buns. ;)

  • @amdg01007
    @amdg01007 5 месяцев назад

    How much is she making overall tho? What’s the monthly profit #? Thinking of turning my hobby into this

  • @davidwalters9462
    @davidwalters9462 7 месяцев назад

    Seems your best cost saving is working from home! That will change if you do your lease of a bakery. It will be a big bite out of your income!

    • @markbolam1383
      @markbolam1383 7 месяцев назад

      i agree once you open a shop the costs will rocket and no guarntee of success either its a gamble

    • @LilysLoaf
      @LilysLoaf  7 месяцев назад +4

      Yes for sure, it will be a massive transition but am going to give it my absolute all to succeed 💪☺️

    • @markbolam1383
      @markbolam1383 7 месяцев назад

      good luck

  • @PCRoss2469
    @PCRoss2469 7 месяцев назад

    So how about we, your 13K subscribers all go on a mission to get 5 more subscribed to you channel each.

    • @LilysLoaf
      @LilysLoaf  7 месяцев назад

      Yes please!

    • @PCRoss2469
      @PCRoss2469 7 месяцев назад

      Ok guys. Let’s do it.