Great video. But let me talk about something important, I see a lot of young people and less young people making mistakes that I think they shouldn't be making. I believe that everyone, young or old, should have a business plan that will boost their financial return from three figures to six figures. The investment can be your retirement plan or your future plan, whatever you want, but the most important thing is that you have an investment that is worthwhile.
When you are ignorant, you cannot change your financial situation. While the wise accumulate wealth through high yielding investments, the unwary remain poor because they always have an excuse not to invest. I have achieved high returns on my investment and a steady stream of income working with an investment advisor (Larry Kent Burton).
I'm surprised to see Larry's name here. I was able to create a source of passive income by allowing him to manage my investments as well as financial planning. In my experience, working with an investment advisor is much more resourceful than relying on investing RUclips videos or reading investing books.
Thanks for the channel and being so honest with everything. 6% profit kind of says to me that your business will always struggle. You need way more margin to stay afloat. If it’s not possible, then maybe it’s just not a profitable product.
For sure but I think a lot of people start e commerce as a side gig that morphs into a full time business. It's easy to go 🤷 when you start with 50-200$ in sales on Etsy/ebay a month or something. Then sales grow until s hits the fan.
Hows cash flow going now that money isn't free? I don't think I heard any % on debt. Not sure if I missed a vid on if you just use loans or any credit with vendors etc. Not in business myself at the moment but I'm a business process nerd and love your content. Love how candid you are
Excellent video! But- I am a little concerned about that $20k course you took- sounds like you should ask for a refund- you can’t grow a 10 million $ company if you can’t manage a $1 million company- sorry to break it to you…
Great video. But let me talk about something important, I see a lot of young people and less young people making mistakes that I think they shouldn't be making. I believe that everyone, young or old, should have a business plan that will boost their financial return from three figures to six figures. The investment can be your retirement plan or your future plan, whatever you want, but the most important thing is that you have an investment that is worthwhile.
When you are ignorant, you cannot change your financial situation. While the wise accumulate wealth through high yielding investments, the unwary remain poor because they always have an excuse not to invest. I have achieved high returns on my investment and a steady stream of income working with an investment advisor (Larry Kent Burton).
I'm surprised to see Larry's name here. I was able to create a source of passive income by allowing him to manage my investments as well as financial planning. In my experience, working with an investment advisor is much more resourceful than relying on investing RUclips videos or reading investing books.
He's on Instagram ***
@ Larry Kent Nick Trading ***
Thanks for the channel and being so honest with everything. 6% profit kind of says to me that your business will always struggle. You need way more margin to stay afloat. If it’s not possible, then maybe it’s just not a profitable product.
Hiring a bookkeeper from day 1 or doing it yourself from day one is a better approach rather than doing it 6-12 months down the road...isn't it?
For sure but I think a lot of people start e commerce as a side gig that morphs into a full time business. It's easy to go 🤷 when you start with 50-200$ in sales on Etsy/ebay a month or something. Then sales grow until s hits the fan.
Hows cash flow going now that money isn't free? I don't think I heard any % on debt. Not sure if I missed a vid on if you just use loans or any credit with vendors etc.
Not in business myself at the moment but I'm a business process nerd and love your content. Love how candid you are
You have to be careful with looking at profit to base spending on.
Growth can be greatly stunted, and future profits
You forgot to edit the last part but we got the idea and that’s valuable, thanks 🙏🏻
I heard nothing but facts here.
I love watching your posts. I learn something every time. Pleaee send me the sheet. Thanks
Who do you have manage your Amazon PPC?
Howdy sir! I’m just starting. I’d love to partner with you someday. Keep going! Love the drive.
I’m following you brother, really looking into tik tok shop
Margin 🎉
Do you figure in taxes?
Not if he stopped at EBITDA (net profit), which is before taxes. 😱
Lol he is probably just making a point and was not that dumb.
Excellent video! But- I am a little concerned about that $20k course you took- sounds like you should ask for a refund- you can’t grow a 10 million $ company if you can’t manage a $1 million company- sorry to break it to you…
Irrelevant … 👎
Margin
Margin
Mergin
Margin