I love how the badminton centre is his "fun side project" even though at least where i'm standing it has a clearer path to profitability than labs does
i genuinely feel like a separate channel just dedicated to documenting and looking at the business side of LMG would be *incredibly* interesting if it ever happened. these clips as well as the ltt videos about how lmg is run are amongst the most intriguing to me, at least
okay but which company is going to produce that? is that a job of floatplane, of LMG Clips or do they need to creat a new channel under a new company name which is than called Linus Buisness Records?
It stands for Light Machine Gun and are typically mounted weapons of an intermediate cartridge used to damage large targets and suppress enemy infantry.
That's a Heavy Machine Gun. An LMG can be mounted but are designed to be man-portable and operated by a single infantryman, and they usually fire cartridges that are similar to the ones used in a normal infantry rifle.
@@robertc.9503 They do use intermediate cartridges. I'll correct that. But, they're almost always designed to be mounted to a vehicle of some kind. Particularly 4 wheeled and 6 wheeled vehicles and helicopters. Edit: I though the XM806 was considered an LMG so I'll edit both comments accordingly.
@@BAR0NSATURDAY once again, that's an HMG/MMG. An LMG uses an intermediate cartridge (basically just 5.56x45) and is very rarely mounted to a vehicle. What you're referring to is something like the M240 or PKM which uses a full-size rifle round and is almost always mounted to a vehicle
They should start a management company and name it Media Operations Management and make Yvonne the CEO of it so she can be the official full-time M.O.M. of the company
I love that his millionaire mega project which his career leads up to is creating a normal as community center. He just wants his own primary school gym so he can play badminton and host LANs without dealing with a school board
Because then they have to call it YAG - Yvonne Accounting Group! Linus is the guy who can barely remember his own phone number - what makes you think he could possibly do accounting??
I automatically imagined the black couch lmao. But it actually would be sweet to recreate the casting couch scene, call it the smash couch, and it actually is just an innocent area to play smash bros
Linus: “I want to name my thing ‘smash club’” Also Linus: I have done zero work to hold this name yet and am telling the entire world. INB4 trademark troll 😂 Edit: didn’t even get to the point where Luke asks why did you just say this publicly 😂😂
To be honest, "Smash Club" invokes thoughts of Squash, not of Badminton. That said, if any sport deserves a name with a double entendre, it's the sport with shuttlecocks.
I'm not sure there's another company/RUclips channel that is quite the product that all this is. This video is a great example. Like, I've never had such insight into any company in quite the same way. Pure entertainment, and also a great learning experience. Also I just registered Smash Club. You can have it for one million billion dollars.
@@philipwrighton soooo... does that mean that there's also a RUclips Premium-type subscription, or do you have to pay each video maker individually, or are some videos "free" and some not?
@@Herfinnur Last I checked, you pay per creator. But you get a higher definition, and I even think you can download the videos there easier. You support the creator directly too though
For neon night, you could play the critically acclaimed Valve software original: ricochet! Everyone is talking about it Definitely a good, relevant option
A LMG (light machine gun ) is a light-weight machine gun designed to be operated by a single infantryman, with or without an assistant, as an infantry support weapon. LMGs firing cartridges of the same caliber as the other riflemen of the same combat unit are often referred to as squad automatic weapons.
when i was like 8 years old an blacklight event was held at a camping in france i was visitting. The Nets, the field lines, the rackets and the shuttles were UV reflective. TBH it looked awesome and it was better visability than a normal lit room would be.
The greatest thinkers likely have multiple amazing ideas many times a day but the rare moments I can think one consistent train of thought for most of the day is when I get the most done.
4:20 (nice) you're describing transfer pricing where a big Co. sets up smaller supply chain orgs and gets billed for 2x the worth of the product in order to increase cost of goods therefore it's a tax deductable from sales profit.
For the projector using a UST projector might be your best bet since it wouldn't need to be ceiling mounted. Also then if using an ALR screen you wouldn't have to worry about the screen being washed out by the regular lights before midnight.
You could have a special 1 vs 1 or 2 vs 2 or whatever where people choose to play a game that will be shown on the wall by the projector. Y ou could challenge anyone to a public duel and others could either watch it or play their own things.
How does the accounting work for a web shop for the badminton centre? Easy, LMG/CW subcontracts their services to the badminton centre at a fixed monthly rate.
Accounting for separate subsidiaries. Keep everything separate. Note any related party transactions (like lab with warehouse for example) and when consolidating, eliminate those.
LMG is a marketing group. Linus has gone over this before on other WAN shows. Across their channels, for most their content, they make commercials or otherwise generate mostly positive attention for sponsors. Both low key where they don't acknowledge it, or high key where they do. You don't have this kind of staff or offices, or frankly, a new inground pool and sports car, if you're doing "business" otherwise. It's a business, and because you're not paying for this content - you can guaranteed you're being marketed and pitched to in some fashion.
This isn't financial advisement, but the accounting depends on the format of your organization and the services it provides, either of itself, or via distinct entities. Sounds like Linus has a number of primarily service-based concepts in mind; these could be handled/offered by divisions using DBA configuration, where taxes and accounting duties are consolidated into a singular entity with multiple faces - each specializing in distinct areas of business. This approach generally simplifies administrative workloads and more easily allows common resources to be shared or transferred according to whatever needs your organization may have. Because all the DBA divisions are *one* legal entity rather than distinct persons ("person" in the legal sense; entity), it is worth noting that any liability incurred by any of the DBAs also belongs to the others, asthey are legally one person acting under distinct business names - or trademarks. It may make more sense to isolate the most legally and financially risky or demanding as its own service, even if as a series LLC held by a holding company. Whatever path is chosen, I hope it works out famously.
Halo custom edition getting a shoutout by a big youtube channel is pretty cool. Shame its kinda dead nowadays but there is nothing stopping people from hosting servers and playing.
Why can't the Badminton center not just rent the Physical space in Creator warehouse and the man power to run the Web store.... So its like The Badminton center still is the main Dignitary for the Profits from the web-store, but pay Creator warehouse for the Manpower and Storage and fulfillment required to run the online store...
Isn't it betterto just sponsor a social activity program, a Babington hall in the near location, and have city manage it as a non-profit under your companies name
i swear in 4 to 5 years linus will start an electric car brand followed by a company that makes deep sea drilling equipment and as the final frontier, he will colonise mars before musk or nasa get there. all as a personal side project, naturally. apart from the last one, that last one will just be for the memes
Make a parent parent company and call it Yvonne Media Group
The mother group :P
Don't even use Media, just Yvonne Holdings or Enterprises.
Ah, pull an Alphabet haha
YMG
@@survil321 YMG Yvonne management company
I love how the badminton centre is his "fun side project" even though at least where i'm standing it has a clearer path to profitability than labs does
profitacility?
hot take.
Lab may attract more viewers that care about precise tests
I think labs could be a revenue generator... if they institute third-party testing/certification it could easily generate profit.
@@danc6882 They have talked about how they will not do this dozens of times
i genuinely feel like a separate channel just dedicated to documenting and looking at the business side of LMG would be *incredibly* interesting if it ever happened. these clips as well as the ltt videos about how lmg is run are amongst the most intriguing to me, at least
okay but which company is going to produce that? is that a job of floatplane, of LMG Clips or do they need to creat a new channel under a new company name which is than called Linus Buisness Records?
More content about Creator Warehouse would also be interesting to see.
wholeheartedly agree, really appreciate the nuggets we get, but I always end up feeling teased lol
very meta
Then the whole company ends up being a company documenting how the company works and does no other work except documenting itself
If Linus started making counterfeit money in the lab, he could start a "bad mintin' racket"...
I'll see myself out...
No no, come back here. These are great
How dare you, and also thank you, that was the first thing that made me laugh today 😂
I ACTUALLY LAUGHED OUT LOUDDDD
It stands for Light Machine Gun and are typically mounted weapons of an intermediate cartridge used to damage large targets and suppress enemy infantry.
No shit.
LOL was just going to say that
That's a Heavy Machine Gun. An LMG can be mounted but are designed to be man-portable and operated by a single infantryman, and they usually fire cartridges that are similar to the ones used in a normal infantry rifle.
@@robertc.9503 They do use intermediate cartridges. I'll correct that. But, they're almost always designed to be mounted to a vehicle of some kind. Particularly 4 wheeled and 6 wheeled vehicles and helicopters.
Edit: I though the XM806 was considered an LMG so I'll edit both comments accordingly.
@@BAR0NSATURDAY once again, that's an HMG/MMG. An LMG uses an intermediate cartridge (basically just 5.56x45) and is very rarely mounted to a vehicle. What you're referring to is something like the M240 or PKM which uses a full-size rifle round and is almost always mounted to a vehicle
They should start a management company and name it Media Operations Management and make Yvonne the CEO of it so she can be the official full-time M.O.M. of the company
Linus needs to read this.
That would be hilarious!
@@ajbp95
l
I love the idea of M.O.M. has a nice ring to it...
Recursive acronym!
LMG stands for LMG Media Group.
love it
Or even better... LMG stands for "LTT Media Group", and LTT stands for "LMG Tech Tips"
I LOVE recursive acronyms
@@RoseAbramsdouble recursive
GNU
I love that his millionaire mega project which his career leads up to is creating a normal as community center. He just wants his own primary school gym so he can play badminton and host LANs without dealing with a school board
That’s when you just start an accounting firm…lol LAG (Linus accounting group)
he'll be able to blame lag for all of his problems
Because then they have to call it YAG - Yvonne Accounting Group!
Linus is the guy who can barely remember his own phone number - what makes you think he could possibly do accounting??
@@drdarkeny YAGI as in, Yvonne Accounting Group Inc, also a kind of directional antenna ;)
Lukes joke about the whole lab tensile strength thing needs far more appreciation that was amazing thank you
Took me way too long to realize that the "badminton club" is a front for Linus' want to have his own lan center.
I love how Luke immediately goes into panic damage control mode and starts looking things up and pulling out his phone at 7:40
I automatically imagined the black couch lmao. But it actually would be sweet to recreate the casting couch scene, call it the smash couch, and it actually is just an innocent area to play smash bros
Linus: “I want to name my thing ‘smash club’”
Also Linus: I have done zero work to hold this name yet and am telling the entire world.
INB4 trademark troll 😂
Edit: didn’t even get to the point where Luke asks why did you just say this publicly 😂😂
you should name it Uncle Linus' Badminton Center
I second this
I think the end goal is to have a venue for LMG events such as LTX and such. That’s a smart move
Call it an LLC, a Linus and Luke Coporation.
>Badminton center with video games and laser sports
you're one step away from the arcade scene, buddy. i'll see you there, credits in hand.
I love the energy from the work friendship that's built over time you both bring to the show.. It's truly fun to watch ^5
7:33 Poor Luke T-T prob tryin to lookup and buy up any available domain names for smashclub on the spot
Man's always gotta be rdy for dmg control xD
To be honest, "Smash Club" invokes thoughts of Squash, not of Badminton. That said, if any sport deserves a name with a double entendre, it's the sport with shuttlecocks.
Jokes on you, that's the sport with birdies. It remains pure and innocent 😇
I think you need a Group Business Team to manage your other teams...
Perhaps you could call it Linus Group Business Team.
What’s not unique about bs262825
I'm not sure there's another company/RUclips channel that is quite the product that all this is. This video is a great example. Like, I've never had such insight into any company in quite the same way. Pure entertainment, and also a great learning experience.
Also I just registered Smash Club. You can have it for one million billion dollars.
Linus has completed the game and is going for the side quests now
Hard R badminton center
I'm just going to repeat my request: please finally make a proper video explaining what floatplane is and how it works!
It's a company/streaming service that is exactly like Patreon and youtube combined so that they can have independence from separate companies.
@@philipwrighton soooo... does that mean that there's also a RUclips Premium-type subscription, or do you have to pay each video maker individually, or are some videos "free" and some not?
@@Herfinnur Last I checked, you pay per creator. But you get a higher definition, and I even think you can download the videos there easier.
You support the creator directly too though
Luke saying that the mark of success for a video game event was the time they weren't playing video games explains so much about Floatplane
jump to 15:30 for that point
what do you mean about floatplane?
just don't put the blacklight near the smash couch
Linus's Next Racket (spelling intentional.)
Smash Club is the club that Uncle Jesse owned. You might have to fight him for the domain.
What is LMG? A miserable little pile of secrets. But enough talk... have at you!
For neon night, you could play the critically acclaimed Valve software original: ricochet!
Everyone is talking about it
Definitely a good, relevant option
Just had a flashback..
Linus, LTT was a personal side project of yours at one point, that doesn't mean much
I love how being a grownup conglomerate has caught up to them. Now they have to be real IT people.
You can do stuff for free, you can bill it to each company as $0 and or include a discount on the services.
A LMG (light machine gun ) is a light-weight machine gun designed to be operated by a single infantryman, with or without an assistant, as an infantry support weapon. LMGs firing cartridges of the same caliber as the other riflemen of the same combat unit are often referred to as squad automatic weapons.
when i was like 8 years old an blacklight event was held at a camping in france i was visitting. The Nets, the field lines, the rackets and the shuttles were UV reflective. TBH it looked awesome and it was better visability than a normal lit room would be.
I immediately thought of a Light Machine Gun and wondered what Linus needed one for.
almost all the old mods for Halo CE are on Halo MCC now with workshop support btw.
The greatest thinkers likely have multiple amazing ideas many times a day but the rare moments I can think one consistent train of thought for most of the day is when I get the most done.
4:20 (nice) you're describing transfer pricing where a big Co. sets up smaller supply chain orgs and gets billed for 2x the worth of the product in order to increase cost of goods therefore it's a tax deductable from sales profit.
Baddie Club should be a real consideration 😂
Baddie Batter Buddy Club! B3C ™
For the projector using a UST projector might be your best bet since it wouldn't need to be ceiling mounted. Also then if using an ALR screen you wouldn't have to worry about the screen being washed out by the regular lights before midnight.
You could have a special 1 vs 1 or 2 vs 2 or whatever where people choose to play a game that will be shown on the wall by the projector. Y ou could challenge anyone to a public duel and others could either watch it or play their own things.
@luke at 11:25, Armagettron is the best one I can think of on the spot
Linus: We're building a badminton center.
Also Linus: The whole design is based around everything other than badminton.
"Linus, I'm afraid you've gone mad with power!"
Linus: "Of course I have. Have you ever tried going mad without power? No-one listens to you!"
3:26 has to be top 3 best "I don't know:s" I've heard :D
All I can think of as a center name is BadminTRON with the Blacklight games!
How does the accounting work for a web shop for the badminton centre? Easy, LMG/CW subcontracts their services to the badminton centre at a fixed monthly rate.
You could also call it “Banging club”, and to make it profitable get Nike as a sponsorship, hang up some “Just do it!” signs all over t he place
I would think that Linus would know better than to announce any kind of naming idea until it's been acquired.
Accounting for separate subsidiaries. Keep everything separate. Note any related party transactions (like lab with warehouse for example) and when consolidating, eliminate those.
Yvonneminton Center ?
Does anyone get the feeling that 10 years from now Linus is going to accidentally own half of Vancouver?
Why would he want half of Toronto? He lives in Vancouver!
@drdarkeny couldn't remember which city,
LMG is a marketing group. Linus has gone over this before on other WAN shows. Across their channels, for most their content, they make commercials or otherwise generate mostly positive attention for sponsors. Both low key where they don't acknowledge it, or high key where they do. You don't have this kind of staff or offices, or frankly, a new inground pool and sports car, if you're doing "business" otherwise. It's a business, and because you're not paying for this content - you can guaranteed you're being marketed and pitched to in some fashion.
The new company is called Smash Step Brother since he wasn't able to register the domain.
Call it something with "Monster" in the Name!
LMG making two of my very different hobbies into one corporation lmao
And the club only plays the song All Star by smash mouth 24/7
Luke's absolute disapointment when hearing Linus didnt get the domain is hilarious.
Smash Bros on the TV, black leather couch, every single reference you can throw in
Call what it is Bad-investmenton
This isn't financial advisement, but the accounting depends on the format of your organization and the services it provides, either of itself, or via distinct entities. Sounds like Linus has a number of primarily service-based concepts in mind; these could be handled/offered by divisions using DBA configuration, where taxes and accounting duties are consolidated into a singular entity with multiple faces - each specializing in distinct areas of business. This approach generally simplifies administrative workloads and more easily allows common resources to be shared or transferred according to whatever needs your organization may have. Because all the DBA divisions are *one* legal entity rather than distinct persons ("person" in the legal sense; entity), it is worth noting that any liability incurred by any of the DBAs also belongs to the others, asthey are legally one person acting under distinct business names - or trademarks.
It may make more sense to isolate the most legally and financially risky or demanding as its own service, even if as a series LLC held by a holding company. Whatever path is chosen, I hope it works out famously.
Linus still hasn't got over the UV Style 😂
the smash chlub in combo with ass... this is hilarious
the idea with the lanparty and the blacklights is all fun and games until the peripherals have stains
Halo custom edition getting a shoutout by a big youtube channel is pretty cool. Shame its kinda dead nowadays but there is nothing stopping people from hosting servers and playing.
Linus went straight "idea man" in this clip! Lol
Make it a double-recursive acronym - LMG stands for "LTT Media Group" and LTT stands for "LMG Tech Tips"
Obviously a badminton centre should be called "Goodminton"
Smash Club sounds AMAZING! I love that name!
There's always TRON 2.0 for a neon LAN game. It's got deathmatch *and* cycle wars, like everything your kids ever wanted.
The badminton center for kids who don't play badminton so well...
For ants
The UV lights at midnight will clear out the gamers if they borrow the arena the days after the swingersclub used it.
6:33 "Smashclub" sounds for me like you're going there doing something completely different than badminton...
Smash Club USM Gagny is a badminton club in Gagny, France. So you’re going to confuse French people. If they live in or near Gagny.
5:00 holy shit every job I've ever had
Looks like "Smash Club" is used by a badminton club in Edmonton and a club in San Diego.
Why can't the Badminton center not just rent the Physical space in Creator warehouse and the man power to run the Web store.... So its like The Badminton center still is the main Dignitary for the Profits from the web-store, but pay Creator warehouse for the Manpower and Storage and fulfillment required to run the online store...
LMG hosting a Chess Badminton Tournament.
There would be a lot of shuttlecocks flying around the smash club
"The Sebastian-Ho Corporation"
oh wait, that could be interpreted as something completely different
Create a job agency that exclusively hires for your companies and only contracts out to your companies.
"I have a power supply tester thats taller than you" weird flex but ok?
Isn't it betterto just sponsor a social activity program, a Babington hall in the near location, and have city manage it as a non-profit under your companies name
I wanna see linus go ham on the badmintelon court
gotta play Robot Roller-Derby Disco Dodgeball at blacklight time
Can we get an org chart of all the branches?
Did Linus mention where this badminton club is going to be located?
i swear in 4 to 5 years linus will start an electric car brand followed by a company that makes deep sea drilling equipment and as the final frontier, he will colonise mars before musk or nasa get there. all as a personal side project, naturally. apart from the last one, that last one will just be for the memes
Just throw a few more courts for pickleball, fun games in lobby area, after-school, summer, winter, etc programs.
If my video game knowledge serves me right, an LMG is a Light Machine Gun.
BZFlag is an EPIC old school lan game and very neon line/light thing...
Yvonne is awesome 🤣
Does Smash club will have a room with not much light so its dark and some "chilling" couches
Midnight, lights off, black lights on. Everyone plays PacMan!
There’s a badminton Center in Calgary called SmashCity
Thought I’d check, all variations of Smash Club is taken.
Reform the Creator Warehouse to the general fulfilment company of the group?