The best way to start is a business is to learn through trial and error. Don’t be afraid to make mistakes. It happens and it makes you stronger. I have failed so many times but I still pick my ass up and try try again. ☺️
@StanBanks3 жыл бұрын
That’s the best way to succeed! Fail to success!
@junea66172 жыл бұрын
🙏🏽
@cablekingtv65573 жыл бұрын
Setting up an LLC or Filling out a W9 for a TIN if you are a freelancer will open you up to doing corporate work and high paying jobs. You can do anything from dealing with big companies to bidding on city jobs, vending, etc. The other benefit is getting access to the top tier distributors which in turn opens you up to the best prices. You become the middle man. I used Zen Business to set up my LLC 2 years ago and I haven’t regretted it. There’s a lot of responsibilities that comes with this.
@distinctperformancellc3 жыл бұрын
Stan Your are correct. You don't want to play with IRS.. I owned a trucking company for 15 years in New Jersey and Florida till I parked my trucks in feb 2020. Had my llc and all my insurance that I needed. the insurance is to cover your but if your going to have a store, so get it. Never know if someone wants to sue you because of the shirts not being what they expected, which can happen. If that costumer want to be evil they can contact the BBB and that will strike a red flag with IRS. So If you are receiving any amount in check or credit cards it must be claimed. Their is always a paper trail that the government follows. They may not get you now, but they will wait till its a decent amount to go after you. I got audit twice in the 15 years so always keep your files and receipt straight by month and years, they can go back 7 years on your paperwork. Because I had an LLC already it was easy to transfer to my new business and get a resale lic. Listen to Stan he is tell the truth go legit and pay your taxes.. Talk to an accountant and he will steer you in the right direction.. Better to be safe than sorry! God bless everyone and have a safe New Years!
@StanBanks3 жыл бұрын
Thanks for stopping by!!!
@lightningtreeband3 жыл бұрын
Thank you for the information. My first try was foiled by a bad printer that only made one transfer before it died. I want to try again. My daughter just had my second grand kid she asked me to design a logo for her dive biz and encouraged me to try again. The people I designed the logo for were very happy with it and the big magnetic signs for their truck but I was unable to deliver on the T Shirts because of the printer.
@EE-dn9og2 жыл бұрын
Good vid, I was with a big cartel and ig page. After 2 months was moving 40 shirts a week but then the printer started bugging me for legitimacy and stuff which then made my hobby fizzle out. Good points here to keep in mind and hopefully it reinspires me
@Itsmy4te3 жыл бұрын
After watching yiur episode with the Tax Guy, I went and got myself a DBA. Great info. Definitely don't want to go sideways with IRS
@StanBanks3 жыл бұрын
Get a separate account for the business as well
@Itsmy4te3 жыл бұрын
@@StanBanks Cool. Thanks again bro
@brandons80263 жыл бұрын
Love all the game you been giving out, I been studying and taking notes, soon as I get back from my vacation I’m getting my dba, than get my sellers license, and getting my hot press machine, my Roland vinyl cutter, my printer etc.. I look forward to starting and one day I’m going to fuck with you I promise remember me Brandon Sykes
@StanBanks3 жыл бұрын
Let’s get it!!!
@reginatheblackqueen598411 күн бұрын
Just found your channel. I have never worked do I need a EIN for selling T Shirts Print on Demand. I have searching for this answer for a month.
@AOD924 ай бұрын
This was a very informative. Thanks for sharing your knowledge with us. Definitely checking the self employed tax guy after ur video. All i know is that i wanna b legitimate if I wanna get those big contracts.
@JuztN_Illuxion2 жыл бұрын
I buy a lot of shirts that are blank and hoodies and I put my own designs on them and I don't need a license or anything to sell them if I don't sell online. People contact me by phone or email and want to buy one of my shirts. I meet up with the and they buy one of my shirts with cash and I'm California you are allowed to do that.
@therealkiyut45853 жыл бұрын
Most of the time if you get a llc . you have to have an operational agreement which helps them not sue you personally.
@StanBanks3 жыл бұрын
Yes true
@bingo87893 жыл бұрын
My man said Delaware. I had to stop the video 😄😄😄😄 I forgot that was in America 😂😂😂😂
@StanBanks3 жыл бұрын
The First State! And if you’re not FIRST, you’re LAST!
@kuskatanmorales54533 жыл бұрын
good info . did you get any business credit cards and are the worth it ?
@designhub360customapparel3 жыл бұрын
Paying creditors out of personal bank accounts is called piercing the corporate veil.
@StanBanks3 жыл бұрын
That’s why I need you guys smarter then me around lol.
@designhub360customapparel3 жыл бұрын
@@StanBanks No I'm not smarter. I just started building business credit a year ago. I still do dumb things that can get me caught up like paying out of my personal bank account to creditors but I'm getting ready to stop.
@american_nightmar3 Жыл бұрын
Wait you’re not supposed to pay out you’re personal account why?
@designhub360customapparel Жыл бұрын
@@american_nightmar3 No
@Lifeasthemustardseed3 жыл бұрын
What is the best t shirt distributor to start with?
@StanBanks3 жыл бұрын
I got you here
@daniellejohnson51983 жыл бұрын
You’ve given me enough info in a few videos I became a subscriber. Thanks hun.
@StanBanks3 жыл бұрын
Thank you.
@EJPlayz222 жыл бұрын
What kind of license i need in order to sell copyrighted things like marvel etc because i see alot of people selling these type of tshirts all over the internet.
@xxjaydog71xx3 жыл бұрын
The no hands driving kills me everytime.😂😂😂
@StanBanks3 жыл бұрын
Lol
@jkdortch23083 жыл бұрын
KNEES
@larryhammond232 жыл бұрын
Yo did you say Delaware?
@lylturningpoint33583 жыл бұрын
I want to start my T Shirt side Hussle ASAP. I already have many designs and I BELIEVE I want to use SUPACOLOR. Can you Make a HOMEWORK Check List or Playlist for Beginners like myself who are starting from SQUARE 1 to follow and start a heat press shirt business
@StanBanks3 жыл бұрын
That will be the imma course soon but you can find a all you need on the channel.
@ronlan19849 ай бұрын
Do you need resellers license and business license for better prices on shirts and hoodies
@robertt82793 жыл бұрын
Don’t even need to watch, of course you do. If you don’t, you’re just a hobbyist not a business person.
@StanBanks3 жыл бұрын
True but i like to consider my folk hustlers!!!
@everetteallen31563 жыл бұрын
This was solid!! Thank you for always sharing consistent and relavant content.
@StanBanks3 жыл бұрын
No doubt
@justchillin_052 жыл бұрын
Everyone passing you up G. Speed it up. Lol. Good video bro. Appreciate the knowledge.
@StanBanks2 жыл бұрын
What that’s me? Who is everyone and what’s being passed up?
@justchillin_052 жыл бұрын
@@StanBanks lol. I was referring to all the cars on the road.
@StanBanks2 жыл бұрын
Oh lol
@johnnyducosrodriguez7855 Жыл бұрын
Do I need some sort of permit from the town if I run my t- shirt business in my backyard-shed
@yaweh073 жыл бұрын
I'm about to launch my business in March via Printful and shopify. How did you market you merch the best?
Your curious as to why I haven’t made this kind of video?
@StanBanks3 жыл бұрын
But I’m going to be making a video on my opinions and soon I will have a expert on to cover the topic.
@BloodSweatnBass3 жыл бұрын
@@StanBanks Thanks....there are a whole lot of folks out here who are misinformed about etsy files they purchase, google images, different types of fonts etc. Also about companies who actually look for folks using their brands images and profitting from it. As more and mor folks get into building business who have zero design skill and or design software. It’s important folks be informed before all they run out and get vinyl cutters heat press, printers etc. the 1st investment should not be equipment it should be made into getting some real design skills down perhaps classes and software on how to create and not how to grab an image slap some words and all of a sudden you can open up a design studio and start a business. That’s probably the worst business strategy for a printing, t shirt, sublimation silk screening or any kind of business
@dericvaughngolden-bolden28753 жыл бұрын
Hello I have a couple T-shirt’s made up that I’m trying to get going is there any way I can DM you?
@simonheywood12863 жыл бұрын
👍🏾🍷Thanks 4 Sharing Brotha. Blessings🙏🏾
@edwardtaylor67423 жыл бұрын
I just got my LLC and watched this but banks are asking for my business structure and i dont know exactly what to be under because i print t-shirts, business cards, business custom stickers etc. can you help me with this
@StanBanks3 жыл бұрын
What are your options?
@hydra16303 жыл бұрын
great video bro very informational keep up the good worrk my g
@bbbla763 жыл бұрын
Big Ups and Mahalo for the info.
@gwendolynlee58603 жыл бұрын
I have my Cricut Machine and I have my pressure what kind of vinyl did I need for t-shirts like in a bulk
@lambo72662 жыл бұрын
Heres my thing, im designing custom shirts and im going to have them sold from out of of local clothing stores NO ONLINE would i need a license to sell my clothes from someone else’s store?
@dspinoy3 жыл бұрын
Real hustler that's what it is..
@cassiustyler94373 жыл бұрын
What if you have multiple business can you put them under the same umbrella I have a tshirt and a sock business same name besides tshirts and socks name
@StanBanks3 жыл бұрын
Yes once’s you have one you do a dba on that one to have others and just separate the bank accounts for both.
@koreivan66853 жыл бұрын
I made that same mistake thinking I had a LLC 🤣 Learn as we go✌
@ev45813 жыл бұрын
Can you craft your own t shirts like cutting a long sleeve and putting a design on it. Is it illegal? Is it okay to just buy it from a store and sell it.
@StanBanks3 жыл бұрын
You buy it you can do what you want with it
@busabusa54073 жыл бұрын
Great information bro thank you
@yuvesyoung97933 жыл бұрын
Is trademarking logical for beginners?
@StanBanks3 жыл бұрын
Video will come but no.
@memyselfi86042 жыл бұрын
Great information. So real. Thanks
@tamarapretlor16723 жыл бұрын
Your a distributor for sublimation things as well?
@StanBanks3 жыл бұрын
No, I don’t distribute anything at the moment.
@JulianNapoles2 жыл бұрын
Anybody know the requirements for Cali?
@majordynamic86413 жыл бұрын
Don't forget DEA lmao... Good content I appreciate the knowledge 🙏
@StanBanks3 жыл бұрын
Them 2 but they come with an illegal life and that worry is In The past
Can you do a video on vinyl cutter speed and pressure settings? I adjusted my settings from the default settings on the cutter to lower speed and higher pressure but I don't really see a difference. What's the speed and pressure difference between htv and car decals?
@StanBanks3 жыл бұрын
Care decal should be on the lowest like all 1s Most regular HTV will be blade 3 or 4 and depth of like 8x
@FRVNKDUHTVNK3 жыл бұрын
I got a dilemma, I'm fairly new to the t shirt game. I'm having issues on deciding how much t shirts should you stock up on when your brand new, and how many different sizes.
@StanBanks3 жыл бұрын
I made a video on this search my name and inventory
@codysmith40383 жыл бұрын
If you dont have a video yet on it im using windows MSI laptop 32 ram what is the best design software to use to design my tshirt logos?
@StanBanks3 жыл бұрын
Adobe suite illustrator and photoshop. But there are others out now
@cassiustyler94373 жыл бұрын
So you supply tshirts what are the prices trying to find a good supplier
@StanBanks3 жыл бұрын
Video coming soon
@TwelveGoneApparel3 жыл бұрын
How do you get wholesale accounts in a state where you dont need resell certificate? My state doesn't require it but I've been denied from some places because of it
@StanBanks3 жыл бұрын
I put state doesn’t require it in the field
@prezescargo33893 жыл бұрын
JT Hustlez sent me here
@StanBanks3 жыл бұрын
That’s my guy!!! Welcome I got to get the red carpet if he sent you!
@BrittanyBrewer-i4f22 күн бұрын
Who is the tax guy? Would love to subscribe to him also.
@Roctv3 жыл бұрын
What brand hoodie is that ?
@StanBanks3 жыл бұрын
Circle clothing perfect hoodie. Circle.tshirtsidehustle.com
@theantichrist65243 жыл бұрын
Great advice
@ln15073732 жыл бұрын
Thanks
@Tyler-sk1bj6 ай бұрын
Yo dude just a friendly reminder distracted driving is super dangerous and illegal. Keep up the hustling but please be safe.
@KT-kk1gt3 жыл бұрын
Do you sell more women or men tee shirts?
@StanBanks3 жыл бұрын
Men’s but women buy both fits that why
@KT-kk1gt3 жыл бұрын
@@StanBanks Thank you for your quick reply, I just found your channel and it is very informative. Thanks again
@StanBanks3 жыл бұрын
No problem
@dwaynejoseph75923 жыл бұрын
Can you file your stuff that you buy for your t shirt business ?
@StanBanks3 жыл бұрын
Yes
@motleyassortment5512 Жыл бұрын
Do you need a Register Agent to handle all your incoming business mail , is it required by law when applying for LLC? Just want to make sure it is not an "up sell" option when people tried to file for LLC online!
@robertolivares4700 Жыл бұрын
Yea it’s required by law to have a register agent when having an LLC and that register agent can be anyone but they just need to be available from 9-5 business hours and be on top of their shit incase any important documents or emails come in. And they have to be available those hours because you never know when you’re be contacted or it’s easier to just have whatever LLC company you go with be your register agent cuz those people are trained for that job and will for sure be available during those hours
@LilMizzLae3 жыл бұрын
Can I have two personal checking accounts? One for my personal spending and the other for my beginner online TeePublic t-shirt store? Not sure if a business account is necessary just yet
@matthewequalizer21903 жыл бұрын
Yes dear. They should have different routing/checking #s
@enviousstylezboutique6023 Жыл бұрын
Hello i have an ein number and registered my business name but im trying to sell custom sweat suits what business license do i need to do that
@dericvaughngolden-bolden28753 жыл бұрын
Hello! Do you have an Instagram??
@richardcastro1663 жыл бұрын
I registered my business name ,do I need to register it as a logo also ,I’m new to this ,I’m trying start a shirt company ..
@matthewequalizer21903 жыл бұрын
Only if you think someone gonna steal your logo. Keep track of places u are selling this item so incase u have to sue u can prove u was using logo 1st