how i got rich off clothing and why you never will be

[@1chromosome]

very possible, just not for everybody. there's no get rich quick and i wish the new "brands" would realize that

[@DaveNash]

yep. delayed gratification is very real.

[@Nether-b4o]

I know, been doing this for 6 months everyday and haven't got a single sale, i'm still figuring stuff out

[@julyfirst]

I have a successful clothing brand, this is literally the truth, what you can do though is if you do a successful drop, cut a nice 2-4k cut per drop and diversify your products so that new items are landing every month, get into 2-4week drop schedule (even if it’s a T-shirt or one product or a restock) and you can sort your personal finances out so you can still live and not starve because you have to reinvest

[@DaveNash]

yep, this is really good advice. thanks for the comment brotha

[@prodnxbu]

You can't plant a seed and expect it to produce fruit immediately. The seed must be nourished so it can sprout, it must be watered and taken cared of, and after time it will produce a yield of fruit. Once harvested, if continued to be nourished, it will continue to produce fruit and so on and so on

[@AnuEletu]

here to take notes

[@DaveNash]

this vid gonna hit like crazy for you bro 😂

[@AnuEletu]

@@DaveNash dang I really wanted to quit my corporate job next year

[@jenny.octobers]

I would also say that the first 4 months might take even longer if you are trying to establish a trustworthy brand with a mission, vision and concept as it’s pretty hard to analyze your ideal customer and do all the marketing research.

[@jpppptrade]

i made 2million raw cash from trading last year and i would say getting rich from clothing is probably 10x hard than trading but if you make it big you can be making 10mil + a year which is still pretty hard and thats why your title is right, i'm way too lazy to do those kind of work

[@thomasdrews-k5y]

you do day trading? where did you learn it?

[@jpppptrade]

@@thomasdrews-k5y self taught day trade/swingtrade anything trading related . If you want to get rich I suggest you find a decent job and then start learning how to trade / invest. Don’t trade if you’re broke. You will end up homeless if you fucked up. Trust me I was broke and the worst decision I ever made is not getting a decent job and dropout of college. I did end up retiring at 26 but the process is hard. I probably would get there quicker if I had a well paying job. There is a reason you hear software engineers retiring early and just live off from their investment

[@oostmadeit]

I had a brand that failed over the course of 10 months. I put in 9-10 hours every single day and still didn’t work. I made a new brand and now I am making 5-10k month profit at 17. But it isn’t a money printer. It is one of the hardest markets in the world.

[@DaveNash]

amazing bro. check out scalefashion.co/ if you're looking to scale that consistently with me directly!! thanks for sharing your story.

[@akananogei4641]

what’s ur brand name

[@2Kaju54]

Thanks you ur the only person that doesent say the same things as other people

[@DaveNash]

Thank u for watching! I try to be different

[@Goshakovski]

Love that your showing the dark side! keep dropping gems

[@DaveNash]

Gotchu

[@jakeluang]

the most insane title I’ve ever read

[@DaveNash]

💀💀💀💀💀

[@willia_mbrown]

agreed

[@TrapThompson]

so you need a permanent part time job for bills for 3 years while hustling the brand essentially 60-70 work weeks minimum without some course shit or social media money got it

[@misti090]

My man dave finale droped a new video 🐐

[@DaveNash]

hell yeah!!

[@sierrali9261]

2 things I’m curious about So it sounds like you prefer doing 3-4 drops a year & not every month like most fast fashion brands? (I prefer minimal drops & well executed stuff) Secondly - do people just order stock ahead of time or do people do a pre order method ? Can’t seem to figure this out cos the average person isn’t gonna wait 5-6 weeks for their product since everyone’s wired for things now

[@DaveNash]

i personally prefer to do one drop per month. the video describes a hypothetical situation in which you start from scratch so you have to wait the entire product lifecycle time (4 months) since you dont really have capital to do otherwise. a ton of ppl do preorders. but for longevity and customer satisfaction, repeat order rate etc, i do premade.

[@sierrali9261]

@@DaveNash thanks bro! Completely understood the hypothetical scenario as well. Loving the content !!!

[@maximakezak1188]

Currently 15 months in - my man Dave always talking facts!!

[@DaveNash]

lets go!!! only 2 more years to go until you can start to take money out. lolol

[@179421asdfgh]

You mentioned in another video that you manage multiple drops at the same time with your clothing brand. If you plan in advance and do monthly drops since you're running multiple drop campaigns, is it safe to assume you can accelerate your revenue in your first year? For example sake, how realistic is it to expect to reach 150k profit within the first year of clothing if you're pushing for more frequent drops?

[@DaveNash]

@@179421asdfgh its possible , but you'll have to start with way more capital to invest into MOQs of several drops at a time.

[@jalenyoung6637]

Hey Dave, I noticed in your example you mentioned reinvesting both profit and COGS. Could you clarify how you're able to reinvest COGS? My understanding is that COGS are already spent on producing goods or services, so wouldn't it just be profit that’s available for reinvestment?

[@DaveNash]

from a cash perspective...COGS was already pre-bought. so you aren't subtracting it from $15k went it comes in. only $5k in ads is the extra expense during and after drop. so you get $15k back CASH, even though profit is $5k

[@1234saldasld]

Amazing advise Nash! Hope one day in the future i can reflect on this moment with a smile. If you dont mind, i have a question i cant figure out. Rn im waiting for my clothing to be manufactured, and the thing is, i have my instagram frozen, i dont know what to post when i dont have anyting new to show, even when i get the clothes and i get to do some photoshooting, i post that and the im back at this page, nothing new to show, any advise?

[@devallanxd]

thank you Dave i hope i can get me a rolex one day too

[@DaveNash]

I believe in u

[@visionlol4769]

the title is true tho 😂 most people think they're gonna make 100 bands first drop. My question for you is how long did it take you before you were able to live comfortably, and how often were u dropping when u first started? Also if you ur doing drops instead of having clothes available for purchase year-round, how would you go about optimizing advertising (how long prior to the drop should you begin running ads and for how much?) Thanks for making these videos and keeping it real 🤞🏼

[@aaronrummycruz]

You’re the man Dave ❤️🔥

[@DaveNash]

thank you my man!

[@250kmonths]

question about the program, is it for people who already have experience in clothing/already have a brand ? or also for people not in clothing yet but want to start a clothing brand ?

[@DaveNash]

Must have a brand already with at least $10k revenue!

[@OMMCOMHD]

i remember the old dave nash, the snapchat ads dave nash, the crypto pump dave nash

[@OMMCOMHD]

first of your videos ive seen in 4 years subbed GG I like the comeback brother

[@DaveNash]

thank u sir

[@chmujeeb7758]

Hi dave appreciate you the information you’re sharing is amazing and second I’ve a question first time like you told you spend 5k$ on marketing expense with 5k$ inventory and next time you spend same on marketing with 10k$ inventory is it possible you can spend same expense on marketing in 1st and 2nd drop and in 3rd drop you make 25k$ inventory with 20k$ marketing expense but you have 30K$ capital so that mean you add 15k$ more in capital and 4th time you make 55k$ inventory with 50k$ marketing expense but you have 75k$ Capital so I can’t understand how you manage this?

[@rlashow6248]

Gotta keep feeding the baby til it’s mature. Noted, thanks man!

[@DaveNash]

such a creative analogy lol. that's exactly it !! thanks for watching :)

[@Stephun]

Love this guy

[@DaveNash]

thank you sir!~

[@teitch6483]

Could you make a video on how taxes work with e-commerce? I currently have been selling my clothing and starting to get to the point I need to start learning how that goes. Thank you!

[@willia_mbrown]

Awesome video bud

[@betafishie]

nice rolex

[@DaveNash]

thank u sir

[@DanielleMoraYT]

Off topic question… do you do mewing? Cause your facial structure is beautiful

[@DaveNash]

yes, i actually mew and chew gum daily lol. been about 4-5 months now. so funny that it's been showing

[@DanielleMoraYT]

@@DaveNashwow you’re looking amazing, keep up the good work!

[@jimpodolski7871]

Bro a Millie in sales? How much did you spend though is the real question

[@ProdigyKabir]

He said in another video he spends roughly 1k a day on ads and makes back around 3k revenue a day. He might’ve increased spend but he does have a solid model of marketing.

[@jimpodolski7871]

@@ProdigyKabir 1k a day is wild and unachievable for many. Only big big brands can do that not starters like us. So this video should be tailored to those big brand owners learning Also I meant how much did production cost for sales of a million?

[@DaveNash]

my brand operates between 15-20% net margin. 33% for marketing, 45% for product/shipping. 6% for operations

[@ii.xx.secondtonone]

What if I wanted to do a drop every two months? Only maybe 5-6 pieces each drop? Would that be a better workflow, than doing seasonal drops?

[@DaveNash]

you can do whatever u want as long as u can hit the MOQs on 2-3 drops at the same time all at once. the more capital u have the more options u got

[@AlexDjordjevic]

Sauce 🍯

[@Prim1806]

Fact !!! What do you think about drop every two month at the beginner

[@19712986]

how to price your products and make a flow between all products with price how and when make sales and offers I asked this question many time but you ignore it Thanks for giving value

[@instantturn3998]

sorry bro but who does 5k profit with the first drop and 15k with the second, its surreal.

[@DaveNash]

yep, surreal indeed. it takes 1-2 years to even see any money from clothing, and this is a perfect hypothetical situation

[@Motovationtimez]

Could my brand become successful if my manufacturer is in my city instead of it being from china so it saves time.

[@19712986]

How much quantity should make for every product and sizes

[@DaveNash]

100 units hoodie 10 S 30 M 35 L 20 XL 5 2XL

[@byndlmtsco]

Ayoko na ata pre 😂 jk

[@jimpodolski7871]

But what you failed to explain is how do you pay for marketing, Influencer etc if you don’t have the profit made yet? Like do yo take a loan for that while waiting to make profit off your sales?

[@DaveNash]

You can use a credit card with a low limit. $5-10k.

[@proTRUMPproREALMADRID]

nice!!

[@DaveNash]

Thanks!

[@jakeluang]

🙏🏼🙂‍↕️

[@WinnerTube]

Those who can go the starve the longest will win

[@DaveNash]

Exactly. Ramenmode

[@essaalbasrawi3214]

I disagree dave, I usually agree with your content, however your being unrealstic as a fellow brand owner I can say it does not take 4 months to achieve a drop. Also the other thing is if you scale you will achieve economics of scale with marketing, your marketing costs wont keep increasing

[@DaveNash]

sorry but you're wrong. most big companies are developing drops 12-24 months in advanced. 4 months barely leaves you time to sample. i say this fully respectfully but you have no clue what you're talking about.

[@idekneo]

Bro hates brez 😂

[@DaveNash]

😭😭😭😭😭😭😭😭😭😭😭

[@skrtbang8075]

Who cares I have an AP now

[@DaveNash]

Jealous bro cooler tham my rolly

[@skrtbang8075]

@@DaveNash in all seriousness. I have been looking for a reliable manufacturing place overseas for months who can do it all, at the moment I have things made in various factories but ideally I want mostly everything under one roof. Not to be that guy but, who is your supplier? I will also pay for this info if needed

[@rsstig]

bro it does not take 4 months to design, sample & manufacture a drop. I pump out a new drop every month without the use of pre-orders.

[@eddiegttb]

how

[@rsstig]

@@eddiegttb i live in the UK so that might affect my shipping times from the manufacturer, but it usually takes 14 days to produce and receive a sample. Takes around 28 days for a bulk order including shipping. I receive my samples, place the bulk order & market for 28 days then drop at the end of every month. You just need to be around 3+ months ahead always. I have already sampled all my items I’ll be dropping through Q4 and have all the dates planned out. Alls I need to do is order the bulk & market each specific product for a month.

[@juicyjosh2097]

@@rsstigwhat’s your brand name

[@patrykfudali9284]

@@rsstig agreed. you just need to play smart and stay ahead of your drops. Plan ahead like the next 2 drops out with samples.

[@DaveNash]

my video exhibits a hypothetical situation in which you start with limited capital and dump it fully into inventory for every drop. its a simple objective fact that a product development lifecycle takes about 4 months on average. when you have enough capital you can obviously stagger inventory to drop more frequently. and btw drop the ego, you're not special because you figured out how to drop on a monthly basis. i drop 2-4 times per month. this is a video for beginners to align them on the reality of situation.

[@anthonyalum5659]

Lol kids

[@oopsySeason]

So it seems like the key here is. Start with 50,000.

[@DaveNash]

the more the better