Been operating my business for 3 years now, real stuff here no fluff…biggest lesson i learned is buying all this inventory and not having a demand for it. Still sitting on 10k worth of inventory to this day 😅
@yngviifromspace7 ай бұрын
Damn brother in the same situation ! really wanna do it again and better this time so hopefully this video has some good keys 🔑 hows your journey going for now ?
@Ideethomp3 ай бұрын
You can create demand by marketing it better or do a giveaway to promote some engagement. Sell it at local pop up shows and events that have vendors.. there’s 0 reason to have inventory and no demand either product isn’t good or you’re not marketing it right! Hope this helps…
@NursesToRiches11 ай бұрын
Just randomly found your videos on KZbin. I already knew all of this info but I appreciate you for breaking it down and reminding me how important it is to know understand all of it.
@talkingthattalk925 Жыл бұрын
Thanks for this bro. I make dope designs and I'm learning the finances of it. This was helpful. Appreciate you.
@Tsunami_Swami10 ай бұрын
I really enjoy your insight to brand building and teaching how to start a successful business. I started a brand years ago that failed because I didn’t know half of this stuff. I’m in the process of starting a new one and this time around I’m already on a better path. Thank you
@artsf61616 ай бұрын
First asian who sucks at math
@hkrumble10 ай бұрын
12:16 “Your margins are crazy!! 1,000% or 100%” 😂😂😂 The theoretical limit is 100% margins. That means every $1 of revenue is pure profit. You have zero expenses. Anything above 100% margins is impossible.
@TheOverpowered110 ай бұрын
true🤣🤣, but he means say your cost of goods for producing a product is 5 dollars each then you sell it for 1000% of that
@TheOverpowered110 ай бұрын
Sometimes you could sell things at a 10 or 20% profit margin even to scale your brand and grow your consumer base very fast, like special deals etc
@carllane65217 ай бұрын
I've been trying to find a place where I can buy wholesale rolls of good denim. I'm not sure where to look.
@srtwizzy85358 ай бұрын
man this stuff stressful i aint even create anything yet
@uhuruabdulsaleem-clifton1596 Жыл бұрын
whats a middle price brand $ amount. being crushed is crazy !
@joercaban-vargas623210 ай бұрын
the shipping tip is wrong because if you order more = more package which is more shipping
@TheOverpowered110 ай бұрын
nope, it will cost more but the dollar cost average will be Much lower. For example you order 5 shirts and the shipping is 20 dollars, then u order 50 shirts the shipping is 80 dollars. the shipping in total is much much cheaper
@ilfouco1541Ай бұрын
How much is a good profit margin, considering cost of productions, samples, Advertising and Marketing?
@TBR4646 ай бұрын
If you buy something for $10 and sell it for $20, your profit is 100 %
@GjuggernautАй бұрын
This was very helpful.
@makkarimoorpheus Жыл бұрын
Super official!!! Valuable information!! Thank you!!! Bless you and your business!!!
@loganosborne9794 Жыл бұрын
Yo - can you make a video on size chart grading please?
@cesarcorrea2566Ай бұрын
Yo what was the instrumental you used at 4:55
@rmoods754410 ай бұрын
Thank you for doing the things you don't have to. I truly appreciate you like a real friend💪🏾💪🏾
@ShaKing7776 ай бұрын
A lot of good info here. The shipping on 1 is NOT the same as on 100, though.
@matthewmatthew75172 ай бұрын
More finance and funnel videos.
@papneja10 ай бұрын
You just did gross margins, not net margins at gross margins, 70% would be more economical, you have fix expenses that you cannot control or bring down, these usually would be 50% of the 70% you have. your number of 10-15% that is net. I would have said to focus on gross margins and not net margins, this way you can attempt your best to run as lean as possible. I would also recommend, that the net margins should be after you take your income out of the business, as a viable business still needs a stockpile of money. anything less than 15% net after owners have taken income as well is not a viable business
@Breezy_frm2529 ай бұрын
This might be racist but I believe you and will use this because of your race I typed this before the video even started during the ad no hate just wanted to say this
@srtwizzy85358 ай бұрын
😂 u weird as hell bruh
@AMPProf10 ай бұрын
Gettin Vibes like this guy saw profit and The other guy was like Idk mehhhh. SUGGESTION: Add Merch tag or title or hashtag.. Cuse this is 100% applicable to Branded Merch sales
@clifforddean2325 ай бұрын
Always been a dream of mine, I had passion but with zero to little time. Now that I do I wonder if 38 is to old to try selling a clothing line/brand.
@joelperalta609810 ай бұрын
Would this business model apply for other stuff other than clothing? For example mousepads or other stuff.
@Ramellosugahill Жыл бұрын
Yeah sea shipping is the way with bulk
@superlinenetwork Жыл бұрын
facts but it just takes forever
@julesbowen22439 ай бұрын
Please more more more finances pleeeease
@Willaymhiighco Жыл бұрын
thanks for this bro really needed it. business is business. do another in-depth video on operating expense and all that
@superlinenetwork Жыл бұрын
We have more coming next week!!!
@jaejae41178 ай бұрын
hello, Im confused, don't you add labor in the pricing of the goods?
@kloster2p3 ай бұрын
This is free game! This video can sabe your business… Wish i watched it sooner though 😅
@sgcompany20174 ай бұрын
그래도 현실적이네요 규모의경제
@yougotgroove9 ай бұрын
You worked at the bay? Your in Canada? Oh I need to talk to you guys!!!
@zakieldin11 ай бұрын
where would you nike/adidas/puma fit in that profit diagram? top or bottom?
@babysynego Жыл бұрын
heat video my guy good speaking
@dablackxican59787 ай бұрын
Can you be my mentor?😅
@tommygamba1709 ай бұрын
Multiplication and division is not math. Vector calculus is math
@bornke2220 күн бұрын
thanks man
@statictrey2 ай бұрын
Thanks bro
@AMPProf10 ай бұрын
hmm Debit adds to good credit if you pay off on time hmmm
@Franchize_OooWEEE7 ай бұрын
This was soo dope bro! I'm very appreciative for this content.
@alexanhellberg10 ай бұрын
I f love you man, your energy and persona is something else, high high level, thank you for this.
@jukboxx01 Жыл бұрын
Gold
@superlinenetwork Жыл бұрын
Thank you!
@Averagecollectorchris11 ай бұрын
Great vid. Very informative ❤
@superlinenetwork11 ай бұрын
Glad you liked it
@Igobyyungalex Жыл бұрын
Free Game🔥
@superlinenetwork Жыл бұрын
Yesssssir
@snehadey62515 ай бұрын
Really so useful content.❤
@Lyropimp Жыл бұрын
where do they do $12 shipping for 100 tees?
@superlinenetwork Жыл бұрын
Alphabroder and major distributors offer free shipping over $300
@aqrambukenya2444 ай бұрын
Great video
@tonetone7693 Жыл бұрын
Do I need a wholesale license to purchase products from you?
@superlinenetwork Жыл бұрын
No you do not! We offer wholesale pricing for everyone.
@tonetone7693 Жыл бұрын
@@superlinenetwork Ok. That’s good.
@TheOverpowered110 ай бұрын
this was crazy game
@lioxel.official6 ай бұрын
SOLID INSIGHT!!!
@NotSoNaturalLife9 ай бұрын
Such a good video
@Boxnoob5 ай бұрын
Thanks mate!
@MONTgetmoney15 Жыл бұрын
❤❤ appreciate that king
@sayitaintso5267 Жыл бұрын
You’re dropping some gems Bruh!!!! Thank you!
@superlinenetwork Жыл бұрын
thank you!! we will be dropping crazier gems next week
@TheOverpowered110 ай бұрын
11:30 💯💯
@Rayray_714 Жыл бұрын
💥💥💥
@kaleudias6642 Жыл бұрын
🔥
@estherkim1765 Жыл бұрын
❤❤❤
@Stayflyclothes Жыл бұрын
💎💎
@Unserious.xclusive Жыл бұрын
thanks for the insight
@superlinenetwork Жыл бұрын
That's what we're here for!
@lamarhightower1985 Жыл бұрын
🔥🔥🔥
@Aboveallwithkevin Жыл бұрын
You the 🐐 my boy
@superlinenetwork Жыл бұрын
thank you!!
@trenadalemize8398 ай бұрын
Free game, definitely liked n subscribed 🫡
@angusamongus756610 ай бұрын
My question for you is, do you create an LLC or S Corp?