How They Make $6,000,000 / Year Selling Pokémon Cards

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Күн бұрын

Пікірлер: 112

@James30711 2 ай бұрын

I’ve tried to visit numerous times during their operating hours, and not once were they open. Finally caught one of the employees/manager leaving and he said that they were way under staffed, wasn’t very friendly. All i wanted was to buy some pokeman cards 😢

@KK-pm7ud 2 ай бұрын

Thank you for sharing. Much appreciated. Lots of other stores in LA.

@Zlatans 2 ай бұрын

Remember Make does not mean net profit, costs could be 6.1 mil, but good luck to them.

@PMTCards 2 ай бұрын

Yeah I hate the lack of transparency with videos like this. 6 million is great but buying the product, grading fees, building fees, etc etc etc.. and with such low margins on so many of these cards.. I’d love to see how much actual profit they make.

@somesteak6100 2 ай бұрын

Considering they have like 15 people on payroll, I’d say they’re doing pretty good

@KK-pm7ud 2 ай бұрын

If their cost numbers are correct, I wouldn't be surprised if the two of them clear about a million in profit per year together. However, the challenge is that if the market turns, that profit of a million can turn into a loss of a million quickly.

@miatheimmortal 2 ай бұрын

@@PMTCards if you make 6mil revenue you are making money. We have one of the bigger TCG stores in Europe and we made just a bit over 5mil this year. Our clean net averages around 13,7% This includes 10 employees, 3 Locations,taxes and everything you can imagine. As you mentioned above, small margins on cards and product gets compensated with sheer amount you a re able to sell. I can tell you there are some stores in EU that easily make 10s of milions p.a. This is one of the very few businesses where your margin goes up the more you do. Sure its very competetive space and requires a chunky investment and expertise in more than just cards, but it is very viable and profitable if you have what it takes.

@bluebanisters2889 2 ай бұрын

These guys are so in love with themselves

@PocketmonTrapper 2 ай бұрын

It’s called buying at 60-90% and reselling. 😂

@anonymousamerican4580 2 ай бұрын

And selling trash products through fancy looking mystery products. 😂 repackage trash with fancy boxes and it sells like hot cakes.

@KK-pm7ud 2 ай бұрын

Do they do a lot of repacks?

@shousegaming4709 2 ай бұрын

@@KK-pm7ud kind of, anthony rivera, their biggest tiktok streamer mentioned in the video, does mystery boxes for $199/box, 50 boxes with 10 box "chases" that range $200-$2000, 9 of those chases will be in the 200-600 range with one being in the 2000 range. while the other 40 boxes "floors" will be valued at $10-$30. insane profit margin that also gives people a chance at a card they otherwise wouldn't be able to get.

@shousegaming4709 2 ай бұрын

@@KK-pm7ud so roughly 5000 net profit each 50 boxes they do, which he used to sell a new 50 boxes every stream but it's been taking him a week+ to do 50 boxes the last few months. theyve been pushing the new boxes that are $30 that have a 1/500 chance of a card worth $30-100 but average 7-15 for every other box. much more lucrative on their side lol

@claraalahmmar3174 2 ай бұрын

@@KK-pm7udofcouse they do their scammers 😂

@hawkteflon 2 ай бұрын

Me watching this: "...I should open a card shop." Me in reality: "That seems like a lot of work."

@bryceflickss 2 ай бұрын

Some of these comments are childish lol. Majority of the stream slabs/packs are made for fun, obviously they need to make a profit regardless. There is ways to buy on these streams and make profit as a viewer if you do it strategically. Great video Brandon, Love to see the behind the scenes of a company I love

@Rosiegoldberg2423 Ай бұрын

Your inspiration has led me to embark on a new journey as a content creator! Thank you for being such a positive influence ❤

@le_med 2 ай бұрын

They don t make 6 millions they sell $6 millions worth of products...not the same thing

@KK-pm7ud 2 ай бұрын

They make $6 million in revenue. The word "make" has no meaning in business or accounting. It is clear their net income or operating profit will be significantly less than $6 million this year. Although, their revenue this year might be higher or lower than $6 million because the November and December months are the most seasonally strong parts of the year generally.

@RandomVideosWithRandomMusic 2 ай бұрын

@KK-pm7ud I'm afraid u don't seem to understand @le_med 's point here. He's pointing out the lack of transparency in these "entrepreneurs", stating that they "make" $6.2 Millions, which is obviously just their revenue. What is their net profit? Why aren't they revealing that? I'm not being a hater on them, but scammers could be "making" $6.2M, but spending $6M on the operating costs (or even more). Thus, a well aware individual will never fall for these people lacking transparency. It is in fact dangerous as they could negatively influence the younger generation On a hindsight, the real rich people don't reveal how much they earn😊

@Fox_Mccloud11 2 ай бұрын

@@KK-pm7ud net could be below zero too. Title is pretty misleading, and 'make' in general means realised profit.

@SkinnyBrotha 2 ай бұрын

4:25 that's me I'm D and I work for Lucky Vault.

@stinklerton 2 ай бұрын

Operator D😂🎉

@ericbenaim4297 2 ай бұрын

Thanks for helping them scam the community consistently!

@bob89388 2 ай бұрын

@@ericbenaim4297 how is this a scam

@collectibletags 2 ай бұрын

Love seeing people crush it in this game can't wait to see where the journey takes us too

@MrAmadeus1998 4 күн бұрын

Finally a positive comment. These guys are getting way too much hate.

@VerdugoPaints 7 сағат бұрын

Tyler is a mood fr

@Willprintforfood 6 күн бұрын

Everyone loves to pretend that they’re some sort of business genius because they sell Pokémon cards when in reality Pokémon cards sell themselves. You just have to have enough money to get into that business.

@BlazeCru 2 ай бұрын

Making 6mil a year off of a product you know nothing about, sounds like a great fit for the pokemon community! -_-

@rodneytristan8075 2 ай бұрын

so much respect for them especially since they believe theres enough room for everyone in the busines game. Im a firm believer in that there is room for everyone at the table. much respect

@es4628 24 күн бұрын

What an adorable couple!

@MrAmadeus1998 4 күн бұрын

I can’t be the only one who got couple vibes from them.

@jimmykash5217 2 ай бұрын

if their profit margins are anywhere near 15%, it’s still pretty good profit for everyone in the company

@Thaivestor999 2 ай бұрын

This make me really want to start a pokemon business in Thailand ! Amazing .... This space is enough for everyone

@Nyk_Style 2 ай бұрын

The classic buy low sell high

@austin4829 2 ай бұрын

I’m a regular on their eBay live streams. Used to get some STEALS. Now they’re getting big haha. Absolutely love these guys. Joe, Mario, Gary, and Mich! You guys are awesome

@UrAveragePlayer0 2 ай бұрын

Gary is one of the best most wholesome dudes ❤

@MetroidMango7 2 ай бұрын

This is just sneaker resellers that transferred over to cards because they needed a new “hype” outlet.😂

@KK-pm7ud 2 ай бұрын

How do you know this?

@mikeydubbz 2 ай бұрын

That part.

@shogunvirgil6208 2 ай бұрын

pretty sure they just love pokemon and wanna make a business out of it they dont even look like typical shoe resellers they fit the pokemon owners vibe

@stickyblanket 2 ай бұрын

Honestly speaking, he shared a lot of nuanced and sophisticated insight that your usual sneaker reseller can't even comprehend, let alone speak to in a graceful and articulate way.

@Raine247 2 ай бұрын

@@shogunvirgil6208 Asian dude in the video literally said he knows nothing about Pokemon

@PocketLion Ай бұрын

Love this video. Very insightful. Deep pocket monster had a different take these guys say diversify

@LavaDude 2 ай бұрын

The foresight to create a space like this is a huge bet on yourself. Kudos to these guys. Great video 🔥

@PokeGamersCollectors 2 ай бұрын

Hey Brandon what happened to the mystic rips channel no logo and header on your page and no recent uploads

@Midou___ 2 ай бұрын

So inspiring! Thanks for the content, and thanks to Joe and Gary for sharing this with us

@ramiuszsohan3661 2 ай бұрын

Yooo dude just found your channel and im addicted haha love the content!!

@danial-shargabi8204 2 ай бұрын

Love this channel this is more entertaining personally keep it up❤

@sirmigdizzle5709 2 ай бұрын

I started a rip N ship business on TT and it has been fun I def have slow days and busy days but it’s a hobby more than a business. There is def a lot of room for more sellers, there are alway more buyers than sellers

@lostpokejay 2 ай бұрын

All I know is that the guy that spoke throughout the entire video spoke really well. Very knowledgeable and definitely came to the interview prepared.💯💯💯💯💯💯💯

@MrAmadeus1998 4 күн бұрын

It’s almost like you need to be smart to run a big operation like this.

@DeqzNW 2 ай бұрын

gorgeous bengal!

@ATCardz 2 ай бұрын

Great video!

@pauloarede3917 2 ай бұрын

Super informative video. Nice to know dreams and hard work can still work out.

@JoshDJX 2 ай бұрын

These informative videos are great but I miss the day to day vlogs in the mystic rips office.

@horatiocaine9241 2 ай бұрын

Gary gave me great percentages on buying part of my sealed collection. Very fair!

@PokeDev726 2 ай бұрын

What happened to whatnot? Everything is gone

@derrekdesnoyers90 2 ай бұрын

In the display window in the front they have multiple card set up on each other at an angle what the displayer called? 21:56

@ssj2trunks103 2 ай бұрын

Yeah it takes a lot of work to make something like this to work! If they are doing okay I’ll say they should have money invested just to protect their staff

@manofgoat 12 күн бұрын

he explains everything at 32:00

@IamArloFischer 2 ай бұрын

The fact that Lucky the Cat gets a whole room! We love that.

@chialor1945 2 ай бұрын

$6M * 15% (realistic) = $900k gross profit = $700k net profit. I am saying 15% gross profits because moving $6M, they are probably more focus on volume rather that margin. Therefore, they risk margin, but they have volume so it doesn't matter. I don't doubt with their connections and how they buy in large bulks and deals, they probably make 20-25% gross profit. So over $1M in gross profits. You're welcome.

@holohunterinigo 2 ай бұрын

Love the CONTENT!, if you ever have opportunities to work with your team where would we find them?

@natesisk3896 2 ай бұрын

this was so cool!!

@somesteak6100 2 ай бұрын

This is amazing wow. Thank you for this content

@guisteh11 2 ай бұрын

Im going crazy hearing the shop musics singer mixed with the added background music.

@isaacwanta3847 2 ай бұрын

Excellent content 🎉

@kristenburkett4274 2 ай бұрын

I think Brandons becoming more of a cat guy instead of a wolf dog guy.😊

@fprocks2415 2 ай бұрын

Do you guys even like Pokémon?

@alexisxg 2 ай бұрын

Probably NOT

@gisiregar 2 ай бұрын

Lovin the content! Learning something new

@Johto-Jake 2 ай бұрын

Gary is the goat

@LatiasVro 2 ай бұрын

17:25 is the single best piece of advice in the video, regardless of your goals in life, he is so right

@PokeRelativity 2 ай бұрын

I loooove this content! BUT.. what I need to know is how the average person starts this journey. How anyone (with the blood sweat and tears required) can get here.

@UrAveragePlayer0 2 ай бұрын

You’ll need to work hard and it gets harder by the day, but remember all of these people are human just the way you and I are

@irishangelfromheaven 2 ай бұрын

You have to market yourself well and never let stress deter you from your goals! It’s hard work but with the right mindset and good credit you can do anything 🙏

@KK-pm7ud 2 ай бұрын

The average person gets there through years of hard work and some luck. These guys clearly have connections and took some risks. This is the good times. What you don't see is the potential risk of bad times. If you want to understand the business, search for Alpha Investments' channel and look for Rudy's videos on how to run a card store or his stories on how card stores are having troubles. My suggestion is to focus on making as much money as you can by making yourself more technically proficient. This kind of business is hard and very risky. And it requires a lot of capital or some edge. Like connections or celebrity.

@henrylee8539 2 ай бұрын

I only clicked cuz I thought it was Logic lol

@obiwon76 2 ай бұрын

Yeah Mystic Rips just doesn’t understand how the title should simply be changed to “sells” and not “make”.

@IamArloFischer 2 ай бұрын

"Around 3 people in China and around 3 people in Japan" - how can you not be specific and remember 3 people, Gary? hahahah.

@notabot5733 2 ай бұрын

Interview krakenhits or goingtwice next i think they do a million a month.

@jimmykash5217 2 ай бұрын

lol

@Dabberz1 2 ай бұрын

How they make 6mil a yr selling pokemon cards... plot twist they don't. No one makes that much on pokemon cards.

@Raine247 2 ай бұрын

Seems like the Asian dude comes from money tbh which is what likely makes all this possible

@juanbarriga2828 Ай бұрын

Plus his partner bro, guys knows business

@pokiewrestler 2 ай бұрын

I make money every month but no profit cos I put it straight it back in to buy better stuff making profit is a dream

@ItsTheDon27 Ай бұрын

I guess it’ll get to the point where you feel like it’s big enough and the rest would be profit. Unless you want to expand

@VerdugoPaints 7 сағат бұрын

This mf giving all the sauce… ah look 👀

@oriondrawf 2 ай бұрын

scalper

@Dabberz1 2 ай бұрын

Bros like 22 and hes talking about working retail in his "younger years"

@MrAmadeus1998 4 күн бұрын

Well he was younger….

@Iamstevenyang 2 ай бұрын

I promise you anyone gross profit $6M a year isn't going to open a retail brick and mortar store at one of the most expensive city (Los Angeles) and in one of the most expensive neighborhood Hollywood. I'd like to know how much they net profit after all expenses.