I am SPECIAL - 2020 Edition

[@josephs.4813]

A 38 minute whiteboard video?!? Christmas came early this year!

[@RustyShackleford000]

This is what we needed!

[@TheScantraaxx]

:D

[@samueljohnson7121]

Solves all my lockdown problems when Rudy gives us a good chat

[@Chillmvster]

We just gotta stay the course lol

[@muchotothepoint401]

RUDY 2020

[@ChiliOfDestiny]

I found myself super engaged with this video; appreciated the honesty and realistic examples and analysis. Thank you for the video and putting in the time.

[@sirgeilington]

They should teach you this in school

[@devinanni8117]

I honestly think rudy was a bit too generous with some things and not generous enough with others.

[@Metawatt13]

Why is the scout from tf2 watching a mtg video?

[@LibraryObscura]

ive learned more about personal finance from rudy than all of my years in school.

[@pattyg5502]

What kind of school did you go to? Lmao. I learned about all of this in an intro to business class. I didn't even go for business, I went for hardware engineering.

[@LibraryObscura]

@@pattyg5502 i had the required personal finance class of highschool and a business law class in highschool as well. Both of them were not helpful in actual finance. I am a history major on my last semester, i havent had any other finance classes.

[@ALISHISNOIUS]

@@pattyg5502 where did you waste money on info you can learn for free?

[@lasbulletv3]

If you went back for a business degree you would learn all of this and much more I guarantee

[@flutebasket4294]

It really is alarming what our education system _doesn't_ teach us

[@RossCampoli]

This video still rocks, two years later

[@ManuYoCom]

Min 19:00 Rudy: what did we did wrong? Me, an intellectual who follows this channel for years: we opened a card store

[@johncraig5979]

Pretty much. You could operate in Mom's Basement Emporium and cut $2350 out of the example. But in reality, what place are you going to find with rent that low?

[@andrewnelson9570]

I thought " you decided to become encumbered by rent and utilities".

[@CeliosNetwork]

LOL

[@robert48044]

it was about that time I realized maybe a pizza place would be a better idea

[@Aeoxmusic]

greed combined with fomo is one helluva drug

[@JV-ko6ov]

I was self employed, caught me stealing and had to let myself go :(

[@DemagogueBibleStudy]

Should have done what most employers do and made up the difference in wage theft.

[@mathewfrance5165]

I bet the business was really profitable after that with no salary costs!

[@supersaiyanstallone3132]

@@mathewfrance5165 nope cause they couldnt move product anymore lol

[@piparaven1]

Lets be honest, everybody who watches this channel is a bit special

[@darthsnarf]

Riding the Short Bus to Pound Town

[@captianmurphy6207]

does the bus to poundtown stop at tocobell

[@fsmoura]

This is Magic, everyone here is a _lot_ special ( o _ o)

[@fernandoorozco3751]

My mama told me I'm special.

[@settlersshop6244]

White board video algorithm post :)

[@alainpbat3903]

I never realized how tight the margins are and I've grown a new appreciation for my local game store owner. Thank you so much for making this video.

[@docschmenke]

These are the best, accurate and brings the reality of running a business to the front. Keep them going.

[@tola6327]

it's a great video showing how higher minimum wages absolutely destroy small businesses and help out the largest businesses by destroying the smaller competition, and also just how much the government makes it hard to run a business with crazy taxes and labor laws.

[@FatBoyzAreUs]

@@tola6327 If you're going to point to raising minimum wage as an issue, and not even to point out to the fact that raising the floor for income has a linear progression effect on the price of goods and services around the nation (we will ignore this point, and just look at the EXACT example Rudy game). Ignoring all of this, if we raise the floor of labor costs what will happen is that we get some generally better quality employees. You can look at actual case study after case study of small businesses that experimented with this over the years (I've personally done 3 businesses in my local city as some case studies), and see that what happens when you RAISE the wages, you also RAISE the quality of employee. In Rudy's example, if he were hiring 2 part time employees at $7.25 (min wage in Florida), you'd see him with more than likely 2 low quality employees (be it their work ethics, effort, intelligence, age, etc.). Someone that needs to work to put food on the table for their family will NOT work for minimum wage at a location like this - what you will get instead is high school/college kids looking for part time work, or low intelligence employees that are unfortunate enough to not get much better elsewhere. Using Rudy's own words, there is an INVERSE effect of employee wage/labor costs vs theft. The reason he mentions this, and I'm sure he would agree, is that with hiring higher quality employees will lower the risk of theft, and this is the REAL business risks that you won't learn from college, books, or your choice of news information.

[@tola6327]

@@FatBoyzAreUs doesn't matter how amazing your employees are if you're paying them so much that you're destroying your already razor thin profit margins, as a tiny retailer selling standardized products, you can't just raise prices to cover for the increased cost, your customers will go elsewhere, reducing your shrink a bit isn't going to make up for the difference.

[@godly111]

@@tola6327 The other end of things is if the market values its workforce and pays them more as a whole then people, as a whole, have more money and businesses make more money. The goal of an economy is to be balanced, where the demand is met by the supply. If the demand for services and products is stagnant because a large percentage (20% is large) are unable to buy non essential goods and services this is bad economics. Yes, you don't want everyone to be a millionaire, because then demand is crazy high, but the supply is crazy low. This would cause inflation and would be unbalanced as well.

[@nekrataali]

@@tola6327 If you cannot afford to pay your employees a living wage because it destroys your razor thin profit margins, you do not deserve to succeed as a retailer for a niche product. And if your employees are on minimum wage, they then qualify for government programs like Section 8 Housing or SNAP. You're asking the government to subsidize your small business because you won't fork over a reasonable income. But that doesn't matter because raising minimum wage has a positive effect on the overall economy as people making minimum wage have to spend their money immediately on survival, instead of hiding it away in an offshore bank account. More people spending money means more people making money. The idea raising minimum wage is somehow punishing to small business is a spook created by libertarian think tanks funded by the Kochs and Waltons. Higher wages means more disposable income, which is important for a niche market like trading cards. It's also really dumb to trust people making minimum wage to not do shady shit with your inventory that's easily transported, hidden, stolen, and sells for hundreds (sometimes thousands) of dollars. Do you want to get pissed off customers because your booster boxes are mapped? Because paying people $7.50 an hour and then handing them hundreds of dollars of easily tampered with merchandise is how you get pissed off customers from boxes that are mapped.

[@MarieCrossbow]

This is definitely the most impactful type of video you produce. It's the type of video someone will watch and come away from thinking about or have a lasting impact -- Timmy doesn't remember the myriad of unboxings he watched.

[@johezeylemonsqueezy]

🔥 video! Someone give Rudy a Ted Talk, or Netflix special, or an episode on Adam ruins Everything.

[@polleyb6838]

"Is that legal!? At Timmy's emporium its legal."

[@randomsanctum]

@@brokengames9020 "MTG is a scam in plain sight. Gambling. Scam. Buzzword. You're being priced out of life by Illuminati Corporations that nobody forces you to buy from. Follow my recommendations for conspiracy theory anti-vaxxer KZbinrs for more details. "Magic The Gambling". God, I'm so clever. Large companies are evil, hence why I feed one's algorithms daily. Argue? Ad Hominem. Proof? Watch videos. I provide nothing. Artificial. Rigged. "Industrial Surveillance Corporatism". More empty phrases to make myself feel smart. Life is too short, but comment every day about things you claim to not care about. Be like me. Global Elites. Artificial Intelligence. I listen to anti-vaxxers. You replied? Not everything is about you. It's all about me, hence my clamoring for attention. Wizards is harvesting personal metadata through their sales of cardboard. Bacteria is what drives you to purchase things. Your cloth masks have RFID chips. A blind Bulgarian "psychic" was correct about everything around you. Yes, I've publicly stated these things. Argue? Ad Hominem. For more information, I'll recommend books then admit I never read them. I don't understand "supply and demand" or "optional purchases". FOMO. Inflation. Another Buzzword. Call me out? I'm not looking for attention, I'm just here every day. I don't hunt specific comments out, yet you'll see me there every video. Total coincidence. I'm totally not an attention wh*re. You have no free will, but I do since I choose not to buy cards. (PLEASE NOTICE ME PAPA SENPAI RUDY.) MTG is a scam in plain sight. My CTRL+V keys are worn to the nubs." --- Broken Games, every comment he's ever made in the past YEAR on this channel (and growing!) NOTE: Despite what Broken Bitter Salty Stalker Games claims, everything in this wonderful little paragraph comes from statements he himself has made over the course of his numerous comments on this channel. Take a dig, you'll find them ALL. Make a game of it!

[@DragonBud2490]

@@randomsanctum How much do you want to bet that @Brokengames is Dan or some other disgruntled employee from Mystical Games & Collectibles? In case you're one of the lucky ones who never ordered from MG&C, they're the company Rudy keeps alluding to in some of his videos (see 35:45 when he mentions "Really Magical Games"). They stole massive amounts of money from customers, myself included, and then months later charged customer's cards a second time, myself included. With that said, I'm going to pretend from here on out that @BrokenGames is a representative of Mystical Games and Collectibles. That makes me smile, and brings joy to my heart, to be able to treat both entities as one, and immerse all of my hatred and loathing into a single place :D Have a great day! And remember, the only thing broken and worthless, is @BrokenGames...

[@randomsanctum]

@@DragonBud2490 In before his inevitable "ad hominem" reply to your comment, lol

[@fsmoura]

Rudy, please redo the same analysis, but adjusted to better fit my situation: $0 in the bank and ten high-interest credit cards ready to go.

[@amerixantrash3620]

Got to sell your house first.

[@shawnchuang1450]

a person only needs one kidney

[@Jacksonh_56]

@@shawnchuang1450 still own both your kidneys but lease one

[@michaelstokes4469]

wait....your card isn't deferred interest for 18 months for all life's bad decisions?

[@JasonUmbergerLordofnothing]

As a store manager, please keep these coming. Not just for me watching but so newbies entering the card slinging world understand what their getting into.

[@ObstagoonGuy]

I watch a channel called Collect Pokémon with around 7,000 subscribers. That person gets around 15 - 20 messages per 2 hour stream (daily stream) of people requesting information on how to buy directly from distributors. Since I am no store owner I can only imagine how much work you have to put in to break even. If only 2 or 3 of those people asking each day seriously want to get into the business, a lot of them will bankrupt themselves. In Germany, even established LGS' have had huge problems surviving those past few years.

[@anblueboot5364]

@@ObstagoonGuylet's be honest LGS in Germany are next to non existant,... I have 1 LGS in a 1 hour driving distance one way, I don't think there's a place in any reasonable distance left for me when it comes to playing yu-gi-oh. So I gotta support that 1 store I have if I want to attend prereleases and not drive 2+ hours one way.

[@Chris3015]

@MrTheoneandonly Where do you life?

[@zacharyuphold5663]

These are my favorite videos! As one of your Patreons, I'm glad to see that you sacrifice your time and brain power to cover this important and underappreciated content.

[@dcnole]

Giant flaw in this video: Timmy's Emporium AND Taco Stand. Guaranteed success.

[@iudexumbra609]

I am not kidding. Every game store that succeeds where I am is next to a taco place of some kind. Seriously.

[@darlantro]

Free yuhglio card with every 🌮

[@fsmoura]

Right next to a card de-greasing service. Cha ching. The money doesn't ever even leave the circuit.

[@KrepsyK]

Give this Timmy a store!!!!

[@muxfisch7143]

Magic the Taco truck.

[@Dj87887]

"Three rares, three foils, and three tacos per pack."

[@Yggdrasi7]

Id definitely buy that XD

[@aggrodoom]

Manager of a game shop here with a very important message: Make sure your employees are happy.

[@randallferguson1981]

OMG THE 1%ER

[@Aeoxmusic]

Life sucks overall, it's okay to not be happy

[@happyeggroll5267]

People keep asking.. when I'm going to open a store front. I say never. Instead I networked with stores and pay them 5-10% upcharge for distro pricing. 40% profits 4 months in a row embracing whatnot and direct sales vs eBay. Awesome video, thank you thank you for the insights!!

[@malvarado9912]

I made it to the end Rudy, "Urza's legacy case repackaged with star wars boxes". I look forward to it

[@take87chris]

37:17 I'm watching... casual fan but man, this should be a required course for every high school student... good stuff man

[@nekrataali]

I like how Rudy is basically a 1980s NYC Yuppie stockbroker high on cocaine without actually being in NYC or high on coke.

[@jovdam]

don't be deceived

[@MeridionWanderer]

i am not sure about coke part :D

[@silbernerritter5834]

To be honest, I love this videos, but I usually leave them until I have enough time to watch the whole thing. Please keep making them

[@theoreowhisperer2560]

Hey Rudy, in Jacksonville you have to pay personal property taxes on that grass and palm tree also.

[@helgesonwa]

A company loss prevention manager once told me, "If I can get the employees to stop stealing from me, I'd let the customers take whatever they want."

[@Aeoxmusic]

They have cameras

[@helgesonwa]

@Aeoxmusic at the mentioned company, this was one in 2005. It was also more about employees, either purposefully or accidentally, ringing things up wrong.

[@arenm7127]

You didn't deduct the monthly expenses in month three. Bank account should still be sub $50k.... but I know that's not the point of the video. Thanks for bringing back whiteboards Rudy!

[@twig1777]

I noticed the same thing, but I thought I must have missed it.

[@leeroy5639]

I really appreciate you putting the time in and making this video/information available to all for free. Thank you Rudy.

[@gohomescrub]

Please do more of these, the minority really appreciates them!

[@rogero8443]

Thank you Rudy. I'm going to go say thank you to all the small businesses that have helped me more than they needed to this year.

[@pillow855]

7:13, I occasionally watch your regular content, but it is these types of videos I subscribed in the first place.

[@Sakuscribe]

I want to say thank you for being down to earth and patient in explaining all of this. I never knew how much went into this, and I appreciate the real world scenarios that you give. You've taught me something invaluable.

[@spazmatCc]

"These type of videos are probably the most important videos on this chanel..." *CUT TO COMMERCIAL*

[@pbg2025]

Rudy I know these take a lot of work on your part and frankly you've been clear about why you focus on higher view video formats, but man I come back for the white boards. I also fine in to the box openings not because I truly care about the opening but because of the small knowledge points I can gleen from them. Thanks for putting in the work you're a G.

[@darthsnarf]

You might say the cheetos market is Flamin' Hot.

[@jasoncollins218]

I didn’t really care for you when I first seen a video you had made, Rudy. I am very impressed about the knowledge that you have and that you are willing to share it with people. I love the way you break things down into funny , quirky bits. It is amazing. I salute you sir. And I will continue to watch your vids.

[@vakuzar]

So what ur saying is that I should open my own store

[@89eyes]

I sold my magic collection, these videos are the reason I still watch this channel. I hope you keep making them!

[@nirtheart]

This was exactly what I was waiting for. Been refreshing my KZbin's for an hour now and here it is

[@BeholdTheCraqueNetwork]

Nothing better than your lessons on reality. I love it, Thanks Rudy.

[@bobsnow4890]

This type of video is why I became a fan of the channel.

[@twig1777]

Same!

[@poofypeanut0221]

Alpha investments is the best life class you didn’t get in high school

[@Verlisify]

OH. BOY. This is gonna be a good one

[@nirtheart]

Definitely was!

[@randomsanctum]

@@brokengames9020 "MTG is a scam in plain sight. Gambling. Scam. Buzzword. You're being priced out of life by Illuminati Corporations that nobody forces you to buy from. Follow my recommendations for conspiracy theory anti-vaxxer KZbinrs for more details. "Magic The Gambling". God, I'm so clever. Large companies are evil, hence why I feed one's algorithms daily. Argue? Ad Hominem. Proof? Watch videos. I provide nothing. Artificial. Rigged. "Industrial Surveillance Corporatism". More empty phrases to make myself feel smart. Life is too short, but comment every day about things you claim to not care about. Be like me. Global Elites. Artificial Intelligence. I listen to anti-vaxxers. You replied? Not everything is about you. It's all about me, hence my clamoring for attention. Wizards is harvesting personal metadata through their sales of cardboard. Bacteria is what drives you to purchase things. Your cloth masks have RFID chips. A blind Bulgarian "psychic" was correct about everything around you. Yes, I've publicly stated these things. Argue? Ad Hominem. For more information, I'll recommend books then admit I never read them. I don't understand "supply and demand" or "optional purchases". FOMO. Inflation. Another Buzzword. Call me out? I'm not looking for attention, I'm just here every day. I don't hunt specific comments out, yet you'll see me there every video. Total coincidence. I'm totally not an attention wh*re. You have no free will, but I do since I choose not to buy cards. (PLEASE NOTICE ME PAPA SENPAI RUDY.) MTG is a scam in plain sight. My CTRL+V keys are worn to the nubs." --- Broken Games, every comment he's ever made in the past YEAR on this channel (and growing!) NOTE: Despite what Broken Bitter Salty Stalker Games claims, everything in this wonderful little paragraph comes from statements he himself has made over the course of his numerous comments on this channel. Take a dig, you'll find them ALL. Make a game of it!

[@ghostunit9]

@@randomsanctum does that guy live in your head? 🤭

[@DragonBud2490]

@@brokengames9020 I would bet money that you are Dan or some other human failure from Mystical Games & Collectibles. That would explain your negativity and hate for magic and life in general.

[@randomsanctum]

@@ghostunit9 Nope. I spend my days, y'know... LIVING. The only time I give Broke n' Salty any thought is when I decide to continue to poke and pester him. After that, it's back to my daily routine. It's almost like being able to interact with a Jerry Springer or Maury episode; you do your own thing, then once a day take a few minutes to laugh at idiots, then go back to your day. It's quite cathartic.

[@STSxAkira42]

Really appreciate you taking the time to break everything down even tho most people will just skip this video.

[@VincentVeak]

PLEASE make more of these. I prefer these over box openings 100% of the time. To me, this is the content I subscribed for

[@spazmatCc]

Yes

[@ginonava7836]

100% agree I like the pep talks on box openings too though.

[@ReedStiles]

Day 1: Open my Timmys Emp Too store. Day 2: Still can't understand why my store is so dark and the AC won't work. I swear I paid my "utilites" like Rudy told me. Day 3: Everyone's sweating and I hand out flashlights to patrons when they walk in. Day 4: Batteries die on my flashlights. Decide to burn Theros Collector Boxes for more stable lighting. Day 5: Live the dream.

[@bennettniizawa7200]

"...the surest way to become a millionaire is to start off as a billionaire." Mostly though, I'm hungry for tacos and Cheetos

[@TheZebracakez]

I love this. And I love watching someone who knows how a business works.

[@Exstefandotoman]

Remember this: white board rudy is best rudy video format.

[@zaksaturday1693]

Watching this again, can just really appreciate all the effort you put into this and the emotion you show. Running a business like this is obviously really tough. Hang in there, Rudy, get those tacos!

[@verlisifiancesatire6344]

Thank you for the free community college course!

[@WolleWip]

Timmy Talks.

[@cowonavuwus8758]

I got the ''i'm special'' feeling for hearing Rudy saying no one watches the long videos through and through

[@tophergoeson]

i'm sitting on 2 sealed cases of cheetos.

[@weirdwesteros1109]

💰💰💰

[@hcpwnography6157]

Buyer beware! Unless it's got STOP tape, its probably just repacked with expired taco shells

[@nekrataali]

You should check the cereal (hue) number to see if your bags are miscuts and miscrunches.

[@fsmoura]

how much for the cheetos cases??? ( o.o)

[@MTGMasteringTheGame]

Are they first edition?

[@goldneyes7120]

I can’t thank you enough for making these videos….I’m one of the crazy ones dreaming of opening a game store. Reality is so very important. Thank you.

[@jeremyellis3411]

We appreciate you making these videos ❤️

[@DrApplesauce]

With 1.4K comments, I doubt you’ll see this, but This was fantastic man. Your vids have popped up on my feed from time to time, but I watched this one in it’s entirety and subbed. Great information. I am always looking for channels that do more than open flashy crap, but teach and educate. That is something I try to do and feel is important. Keep doing these videos man! Even if it’s just every once in a while

[@jovdam]

"We need to calculate what we need to break even , what we need to do to go home and make.. $0 a month." Nice

[@LemonGingerHoney]

Thank you for your work! I remember talking to graduate of business management college. He was very dismissive and hostile to the thought of workers stealing inventory. Yet this is a reallity.

[@tylersevener4354]

"A boats a boat but a mystery box could be anything... It could even be a boat!" - Peter Griffin

[@mrtd8679]

Almost 2 years later, great content. Videos like this are definitely useful and super insightful, especially for those dreaming of starting a business like this 👍

[@brewcrew7550]

I think the philosophy of opening a business in 2020 is the same as Rudy's Philosophy of buying vintage cards when they were down at the beginning of 2020. If you have a great business plan and a unique idea or if you are in the right location, now is a great time to open a business because competition has been cut tremendously. Is there risk? Yes. And higher than normal risk. People need to assess that risk and understand if the timing is still good. In person Brick in Mortar stores really need to assess that risk, especially in the US because of shut downs.

[@michaeledwards1644]

agree

[@pbg2025]

The difference in the philosophy of buying RL cards and opening a business right now is there is much more market data on RL card price trends and the market data for new business opening is almost non-existent. Also if it's a bear market on RL cards it wouldn't matter because Rudy isn't selling and if you open a store and then get shut down from covid you are so far behind the 8-ball good luck getting around it.

[@mistercakes]

Thanks and this is why I'll always "rip myself off" a little bit when I go to a local store. I'd be more sad if the local store wasn't around than if I didn't buy a few things I wanted because it was a few bucks more at the LGS. Brick and mortar will have to redefine itself and do multiple other things to move forward. e.g. If you have a large place and you're open during weekdays, consider renting out some of your space for startups so they don't have to overcommit to rent. Might not be a huge amount, but it could cover some of your expenses. (especially Monday through Thursday daytime where most LGS are like graveyards.) Ideally you can offer something that an online shop cannot. Make best use of the space! Buying singles will go far, but be more innovative. Might not be the dream of owning a LGS, but it's better than going broke.

[@moisesmontecillo7570]

This puts the whole "stores selling there product to rudy" in perspective it must be really hard for some stores

[@andyruvalcaba7275]

@Austin Duke It's even more painstakingly annoying that Wizards only sells sealed product to brick and mortar stores. At least with Pokemon you can continue to work out of your basement.

[@AdiAdi-bf6sj]

Your charisma mixed with your extensive knowledge and ability to explain properly is genuinely the most attractive thing I’ve ever seen, and I’m straight

[@Jon-Jon309]

"Noooo I dont know him, that is not my professor doooouuntttttt let emmm innnn" *Rudy puts on visor* "OHHHHH its you Rudy, hahahaha come on in"

[@TheBobtheratkiller]

I specifcally come back to your channel for these videos. I really appreciate them man.

[@Pokevolver]

Did anybody else notice the giant impending cash flow problem with Timmy's Em? They are buying/selling $27,000 worth of product with only $45-50K in the bank... That means they only have enough cash to withstand less than two months of expenses (inventory is an expense Rudy didn't mention). This means they have to sell through EVERYTHING they buy every month in less than two months. Market crashes can come at any time, especially with how hot the market is when Timmy's Em opened. If their sales dive 50+% for a few months at a time, they are done. Many stores learning this the hard way recently. That's why a lot of people recommend to have 3-12 months of expenses in cash for emergencies like that to limit risk.

[@sisterserenity3825]

Thank you so much for these educational videos. I bet long after your magic time, people will come back for these videos. Then they will become the most watched. The value will keep on growing with time :)

[@philngreatgaming5481]

Ahhh the pink visor. All is good with the world.

[@juliosamaniego2206]

Hi Rudy! So glad to hear you say that the government doesn’t believe in the free market. 👍🏻 Rudy, always keeping it 💯

[@hawkteflon]

"...and your girlfriend comes in." Now hold on. You had me for the first 32 minutes of the video, but that's just blatantly outlandish.

[@roarbertbearatheon8565]

She is your girlfriend but SHE just doesn't know it yet. We've all had girlfriends like that

[@hadlkj1]

How is it that the most educational videos are the least viewed? These are actually my favorite type of video.

[@returnoftheduelist9790]

“Dr. Rudy of the 3rd testicle dynasty” lmao 😂

[@chriscash782]

One of the realest videos I’ve ever seen regarding running a business. That fraud is very demotivating. Facts

[@Chepakishui]

I'm still watching at "almost 40 minutes"

[@GeekandGlory]

As someone who ran a business back in the early 2010s and was smart enough to get out of it when it was fizzling out, I love seeing these finance and behind the business videos. They are truthful and tell it like it is and don't sugar coat anything.

[@xquizate8777]

"lets bet half the money.... deal?" me: "WAIT, WHAT, NO!"

[@kylebremer1557]

It is my plan to open a LGS within the next 3 to 4 years. Its been a lifelong dream. I have saved this video to a playlist, so that I can watch it once a month. This will be my blueprint when I open my store. Thank you for being so honest Rudy. I have learnt so much from your channel over these last few years!

[@adamdarrar121]

Ya people don’t know. I own a restaurant and people are surprised when I tell them my rent is 3,500 a month lol

[@gunterlauch2241]

wtf how huge is your restaurant?

[@phoenixgods1]

@@gunterlauch2241 prolly lives in a functional city location, shits expensive

[@madmax875]

That's typical for a medium sized city. Gould be 10k+ in popular spots

[@adamdarrar121]

Günter Lauch 5,000 sq feet. I used to own a restaurant inside a mall. In Atlanta Lenox square my rent was 10k A MONTH. And I was doing a tidy profit. But they upped it to 18K a month and I decided to sell and start another one that’s stand alone.

[@nekrataali]

The largest city in my state has studio apartments going for $1,500/month downtown. A decently sized restaurant paying only $3,500 in a major metropolitan area is a fucking steal lmao.

[@ericsmiley1266]

These types of videos are by far my favorite videos on your channel! It's always a quality time when the visor comes out

[@antimime666]

And he didn't even include the biggest cost, TAX!

[@gunnermac3570]

Also cleaning and maintenance is maybe $50-$100 a month.

[@5corponok]

@@gunnermac3570 If you've seen the inside of some LGS's, you can tell they spend a big $0 on cleaning.

[@tmpJason]

Thanks for the honesty Rudy. Enlightening and Entertaining as usual. Don't stop making these longer format videos...they make a difference.

[@jarrybryant718]

NO ONE: lets eat at chilies People who eat at timmys EM: THERE IS A MAGIC CARD IN EVERY TACO!

[@gmpd4191]

Thank you for being the real slap of realism people need.

[@spikmin]

"triple masters" LMFAO Yeah, please never stop making these.

[@Dimensionaught]

I am personally only subscribed for these longform business class style videos. Thank you Rudy, keep em coming.

[@stevekeenan9673]

I'd like to think all the fallen empires was coincidence....

[@Solarstein]

Rudy would have been such a fun teacher to have in school. Really a born teacher

[@MottCorsair]

I'm concerned about how many people are in Rudy's basement.

[@hcpwnography6157]

Based on Timmy's income, I'd be more worried that his wife is hanging out in the basement with the accountant.

[@fsmoura]

No one ever set foot in the basement and lived to see the sun again.

[@GameUnCrafter]

These are my favorite vids, I typically learn something that's forever useful

[@NekoDavid]

TLDR: Its hard to run an LGS

[@ReedStiles]

Maybe impossible with the exception of a few powerhouses

[@dreadmoc12]

I managed a Liquor store for a few years. That store made .50 on beer and 1.00 on bottles of wine or liquor. Distributors always had a special on wine and liquor, rarely beer. Always buy five cases get one free. We could pass the savings on to the customer or catch up if we were behind. Sadly, the fact that alcoholics drink every day and always the same thing was what made it profitable. Holidays were good to us, too. I worked overtime for cash under the table.

[@gelectrode89]

All of that and you still aren't including taxes, unless thats reflected in a reduced profit

[@maemorri]

Sales and activities taxes would be included in the product gross margin calculation. Income taxes would be paid on (non-existent) profits.

[@gelectrode89]

@@maemorri with the month-to-month calculation i was expecting him to pull off the packing sheet and go "bam, quarter one taxes due"

[@devinearhart6390]

I'm assuming he took sales tax out, if you don't make net profit the only tax you're paying is employment tax.

[@EvilDMJosh]

I love your pink visor videos! I learn something from every single one of them. Please keep making them, Rudy!

[@MTGBlackSet]

27:56 wait what? Did I miss something? Do we Not pay rent or employes in Month 3 oO

[@gunterlauch2241]

yeah i thought the same

[@WolleWip]

And instead of paying yourself three grand, you subsisted on expired cheetos & energy drinks diluted with rain water.

[@DasShaten]

yhea he did the math wrong... shop still hasn't recovered the bank account.10-3-5.5 on leaves 1.5 to the bank. So the bank ends at 46k

[@andyruvalcaba7275]

@@DasShaten We still made 5k in profit from the sealed and single products. So it's actual 15k-3-5.5= ~7k

[@MTGBlackSet]

@@andyruvalcaba7275 5 in cards 5 in triple Master where are the traditional 5 coming from? XD

[@walter85]

These videos are the most real life videos on the internet ever ever. I love when Rudy makes these.

[@TheDhammaHub]

Do more financial advisor pink hat Rudy stuff... that's why I am here. No offense, but I care 0 about magic. I am willing to dig through the "from my POV crap" to see these here =)

[@magemarshall3139]

You are more than correct! Employees cause inventory to disappear! Everything from not giving correct change, letting friends have things, just taking things they want, to eating a case of rice crispy treats!

[@stephencowan990]

Not necessarily brick and motor but I’ve had business on my mind heavily this year, and this has been very eye opening and I’m happy I stopped to watch the entire thing.

[@sam1127x]

When I was in HS I worked at a card shop. We sold magic, pokemon, baseball cards and other collectibles. We were located in a high foot traffic shopping mall with a movie theater, and we still went out of business in 2004. Most of the mom&pop shows around here that are in business today are less than 5 years old.

[@AngryArgie]

When is the "I want to open an LGS in a third world inflation-slaughtered non-dollar based location" video coming?

[@whatevaandevaandeva]

Step 1 - Join your local Warlord/Resistance/Rebels to throw down your corrupt government und bring back democracy back. Step 2 - Find out the new government is equally corrupt Step 3 - Step 1

[@nekrataali]

Opening a gameshop in North Korea probably isn't a bad idea tbh. You don't have to mess with singles because you can just make counterfeits to spite the capitalist pigs at WotC.

[@jinxsiemcdeath6250]

The TLDR reply is I agree with the gist but the expenses and problems are too different to discuss briefly. ...being the distributor however :D t. from the Philippines, working for the sole WotC distributor

[@AngryArgie]

@Shadow Justice I'm quite aware of that

[@kronnix5686]

Watched all 38mins, really appreciate the great advice.