Is opening a Pokemon TCG business a BAD IDEA in 2023?

[@DannyPhantump]

Congratulations to the winners: @blakesmith1993 @thrax2421 @TheCardCommando

[@tayloradams245]

Haircut.

[@aaronscott2278]

Congratulations winners really appreciate the chance Danny 🙏

[@MrSneakyrich]

Congratulations 🎉

[@poke_warrior]

congrats guys!

[@3_x_plus_1]

Weird not my @ all good next time.

[@Chadderboxhobby]

I just had my brick and mortar grand opening on Saturday the 7th! I was online only for about 2 years and then started selling at the local farmers market to warm up the community to my shop before it opened. Our opening day was a huge success! Danny, you've always been a huge motivation booster for me so thank you!

[@BenWritesThings]

Congrats on the launch! That’s awesome.

[@VRule1]

As a small business owner myself, I can tell others it is a big commitment even as a small side hustle it takes a lot more hard work than people think. Nothing is impossible though. My mantra is "Do the work"

[@Nicegram-Me-Kwite-Page]

Hey 🎉🎉🎉..,.

[@Peanut_butter101]

That mantra sounds familiar 🤔

[@VRule1]

@Peanut_butter101 it's a popular one and not my creation but simple and solid.

[@djsano23]

Looking to start something on the side. Any tips?

[@VRule1]

@djsano23 people often say to do what you love. I follow the idea: do things that you don't hate but will bring you to the goal of doing what you love. I've done many tasks and many jobs and taking many clients that I wasn't excited about but it was a stepping stone to getting to the more successful side of my business. Another thing you'll often hear is to Niche down. Get specific about your goals and keep pursuing those specifics. F.O.C.U.S (follow one course until success)

[@rigzzz]

i used to collect a bunch more but school has taken priority so waiting to see some stuff before i can go and buy stuff again

[@alltexgaming8573]

I’ve been back in the hobby since 2020 and have sold bulk for cheap but am looking into selling singles and starting a business possibly a brick and mortar. It’s now a hobby, sorting, researching, I love it. Reminds me of the days where I would sit in the living room with hundreds of cards around me in a circle all around the room sorting. This is great info thank you.

[@Nicegram-Me-Kwite-Page]

Hey 🎉🎉🎉..,.

[@simthegeek1428]

It's making it's work in my head. Still hesitating before starting a TCG Business in Quebec, Canada. But love to watch contents and learn about it. Your're a great help

[@Melobane_TCG]

I would love to have the time to open a tcg business. But I’ll stick to making small opening videos and making small gains where I can. Keep up the good work Danny! Love the content.

[@Nicegram-Me-Kwite-Page]

Hey 🎉🎉🎉..,.

[@cooltrainer_chris]

Hey Danny, recent subscriber and fan here - wanted to share a funny story with ya. Long story short, I’m pretty much brand new to Pokémon collecting. In fact, it’s basically been over twenty years since I’ve bought anything Pokémon. However, after recently finding my old collection and cards only a few months ago at my parents’ place, I’ve since discovered a newfound appreciation and love for Pokémon and the thrill/nostalgia of collecting again. I randomly came across your channel while looking at Pokémon collecting videos one day, and how to “get back into it”. It was then that I began to realize how much my collection was worth, but also how I could start to enjoy and look at Pokémon not just as a hobby again, but as a means of investment. So after 20+ years of not opening or buying anything Pokémon related, I asked for “whatever the newest pack is” and ended up purchasing a handful of Silver Tempest packs at a local card store. Not knowing really any single Pokémon of these newer generations, I had to Google nearly every card I pulled. Well, one of those very pulls just happened to be (what I now realize is) the highly sought after Lugia card... “beginners luck” I guess am I right? Anyways since that moment, I’ve worked on learning more about the trading card game itself and the art of collecting, investing, and possibly in my case, maybe even starting a side business down the road. So I just wanted to say, your videos have been instrumental in recapturing my love for this game, twenty some odd years later, so thank you. I also realize now, that this was anything but a “long story short” - but again, many thanks Danny, and keep up the great work. Sincerely, New Pokémon fan

[@NayleeWammieSethany]

Yeah sticking to selling my extra singles on tcg seems to be the way to go for me. Just enough time sunk in to make a couple bucks on the side to make some back from opening, not enough to super stress. Your videos definitely help with that though! Always looking out for commons and uncommons you call out to pull for value. Thanks Danny!

[@Nicegram-Me-Kwite-Page]

Hey 🎉🎉🎉..,.

[@brandoc04]

I would say no, unless this is a full time gig it’s hard to make this a consistent stream of income. Reason being, the IRS this year, has recognized $600 or more as being taxable for reselling . This used to be 22,000. So if you buy a lot of cards for 500 on eBay and let’s say you spend a month flipping it to 1000. When tax season comes, that 1000 is up for taxing, which you should expect to give up at least 400 of those dollars. Leaving you with an actual 100 profit. Now I’m not sure how you could possibly fill out “expenses” for a business if this is your part time gig and you’re selling cards individually. But this is my two cents as a successful reseller last year.

[@timokthy]

Love how you're always educating the community in all aspects of the hobby. Thanks Danny

[@Nicegram-Me-Kwite-Page]

Hey 🎉🎉🎉..,.

[@Chris-qt6dn]

I've been considering becoming a Pokemon bulk seller because of your videos, along with a few other content creators. Thank you for the vids!

[@stevens22589]

I wanted to open a shop during 2020, really glad I DIDNT

[@Nicegram-Me-Kwite-Page]

Hey 🎉🎉🎉..,.

[@ssubzerofn]

Why?

[@haitham1789]

Why tho

[@thomasaquinas601]

Thank you for touching on this topic. I really appreciate your insight on this that I just don't hear anywhere else...much appreciated.

[@yumecards_ca]

Luckily, Scarlet & Violet base set looks good for now 😊

[@Nicegram-Me-Kwite-Page]

Hey 🎉🎉🎉..,.

[@Silas_Games]

Working to start my business currently :) Thankful for the advice.

[@Fureverhomes812]

I plan on opening up my shop in 2023, your videos have been huge for others like me! Thanks man! Appreciate it for sure!

[@pokeredandblue2383]

Amazing video Danny. I'm a small business owner in Aus. And videos like this really help me out mate. Keep doing you and being awesome. Appreciate the insight!

[@sterlingcards]

great video! super informative and really hits on the main points of running a TCG hustle/business!

[@Southwest1]

Tysm for being a chill guy and not screaming every 2 seconds

[@King13Amar]

I’ve been looking into opening a TCG business for a few months now. I came across your channel and it’s given me a lot of insight. Seems like a lot of agro for small margins. But I will keep at it and see if there is a way to make it happen.

[@beanypdx9150]

Love the honesty and transparency -- you're one of a kind in this biz! Keep it up!

[@thecardmerchant4930]

love these kinds of pokemon business vids, super insightful!

[@CoachJDDesigns]

Starting a business is something I’ve thought about doing! Awesome video thanks!!

[@gunn3d207]

Loving the content. Really connected with this one, started a TCG business 10 months ago and still going strong!

[@oreolag5753]

Thank you for the video! I definitely want to start a business this year for 2023. I have yet to decide what business I would like, but a TCG is one I’ve been considering.

[@JusZard]

Much love Danny !!!

[@15blows]

Wow, so informative thank you!! Seems so easy watching some of these guys do it but when you break it down its definitely a grind!

[@CFronTV]

happy 2023!!! hoping to get a box!! thanks for everything you do for the community!!

[@orlandoalvarez214]

Thank you for you business expertise! Definitely looking forward to your videos in 2023.

[@mirkamon8768]

Sounds tough to get up and running with a Pokemon TCG business. Great info in this video. Thanks much.

[@MrMeanGrinch]

Thanks for the info. Have been playing with the idea of this and have taken some of the first steps. Need to understand the competitive side better for sure for some of the singles I have.

[@jonpfingsten25]

Thank you for all you do for the community!

[@alltexgaming8573]

Been watching you since your garage and still love it keep up the good work

[@DannyM7207]

Thanks for the honest info! I’m looking to open up a brick and mortar in my local area this year and this was very helpful!

[@jeffwards]

Super excited to get into Pokémon! Thanks for the advice.

[@claytonfrusco6460]

Thanks for all the informational videos!! I’ve just started looking into trying to make a little money on the side with the hobby. These videos are a huge help!

[@michaelfanton205]

As always, thanks for the advice! It's so hard to find good deals on eBay anymore. This is true for anything really, not just Pokemon.

[@CP-kx7oi]

Came across your Videos 2 month ago and really appreciate your content ! Keep up the good work !

[@yexiong85]

appreciate how you are giving back to the community. i like your content.

[@czarpoooop]

These vids are few and far between with good info, thanks man!

[@dustinheer9702]

Your generosity is insane! The community thanks you

[@JustACrumble]

Thanks for the info! Love learning about the seller side of things

[@nevercold808]

This is a great vid to ground people who have their head in the clouds. I think a ton of new "stores" flame out quick because they don't realize how much work goes into running an LGS. Good luck to anyone chasing their dreams. Just know what you're getting into.

[@morrisgindi4890]

Just re-started my Pokémon journey and this video helps a lot

[@PokeBeardTCG]

HELP!!! Extremely overwhelmed. When you type in starting a business in your state it's not that simple. There's so many different things and options and most ask for money. Please help. I'm your neighbor in Minnesota. If you could tell me what you recommend for a eBay store and possibly my own website soon?? I buy big lots online and sell them individually only right now. Would like to sell some sealed from distributor also eventually.

[@StrikeCards]

Love these analytical vids Danny! Keep ‘em coming!

[@titusgaming07]

Bro thank you! This is so informative! I'm thinking about opening a business but I might just stay with ebay due to the simplicity of it!

[@williamlaur86]

Very good information here. Have never really looked into starting a Pokemon TCG business, so cool to learn about it.

[@robd9359]

Thanks for the insight. Not really looking to start a business, but definitely want to start selling on tcgplayer.

[@wavywynaut]

Was also thinking of opening up a business more as a hobby, great info!!

[@yangsue07]

Thanks for the information! I do plan on expanding from just selling singles!

[@kdufflive]

Thank you for all the consistant content. Looking forward to your streamsstarting back up man!

[@urbanaltar]

its tough to start any business long hours and small growth to start, props to you for sticking through the stagnant periods!

[@yojimbojack777]

Very pragmatic view of opening up a TCG business. Thanks for sharing your views and info about the business side of things. And 90K subs just around the corner with 100K on the horizon.

[@dazzybee3]

Thanks as always, love this side of the hobby.

[@reelgangsta1851]

Love the content, the transparency, and the passion.

[@russell4781]

Congrats to the winners! Thanks Danny for all ya do

[@espressoman1234]

Thanks Danny. So down to earth. Really like this content.

[@larryfrostgiver4933]

Seems like a tough biz. You do a great job. Thanks for keeping us informed.

[@brettcook7787]

I’ve dabbled on eBay for the past few years buying and selling… hard to pull a profit! Time consuming like heck but fun!! Hoping to expand one day?? Appreciate all your advice and truth bombs! ❤

[@AmaraCantHurt]

Definitely a ton of work. I’m content buying a case every time a new set drops, rip a couple, sell a couple, hold a few. Congrats on your success.

[@BlueSakura256]

Wow some really good insight here! Thanks for the nice overview!

[@luisrodriguez402]

I’ve legit been watching your videos for the past couple of months and reason I got back into pokemon

[@Otoczak_]

Very interesting material! I was thinking about opening an online store lately and the video is very helpful!

[@Packfresh]

I’ve been waiting for a video with this type of content!!

[@R4M3N_Noodles]

Great video!

[@StockhouseGames]

Thanks for the great content Danny Phantump. Giving some insights on your journey and giving some reality checks on starting a business with the Pokemon trading card game! I look forward to consuming some more content from you.

[@dakidfresh1197]

this video is everything i was looking for! i really wanted to start one in 2021 when i got back into it. thanks for this!

[@justthebreaksgaming]

We appreciate you're informative process. We're just trying to start something out and hope to generate a following thanks to you and many other Pokemon fans!

[@sooty87]

Really interesting, shows the importance of getting the volume through with such small margins. Good luck to anyone who gives it a go!

[@ezrawinget8109]

Danny you’re so generous with these boxes we really appreciate it man. Thanks for being transparent about why you started your business you rock dude🔥

[@Nicegram-Me-Kwite-Page]

Hey 🎉🎉🎉..,.

[@EggRollNinjutsu]

I'm jumping Inn now and having this video really helps, cheers

[@acetrainerjoe7860]

Great story how you started, sounds like good work but a lot of work. Love the passion!

[@poketherapy2020]

I honestly can't thank you enough. I have been thinking of having my own business for Pokemon cards but didn't realize what it really meant. Ever since I've been following you I have learned so much about everything Pokemon and I can't tell you "thank you" enough. You're Arceus sent🤩

[@swoopgg3720]

I’ve been selling on TCGplayer for 5-6 months and it’s great, but it’s a lot of work and I have such a small inventory. There’s way more to it than it seems and can become overwhelming. But I do love Pokémon, collecting and helping others with their collections!!

[@sauceey8789]

Thank you again for all the insight heading into 2023

[@purgatory322]

love the channel and the business aspect of Pokemon!

[@djflare87]

Always a thought in my head to open up shop but never took that first step. Thanks for all the info, and the courage to possibly pursue this dream.

[@Nicegram-Me-Kwite-Page]

Hey 🎉🎉🎉..,.

[@sampruden4987]

These are always my favorite type of video thank you!

[@lottstosea]

Interesting info! Never considering doing Pokémon as a side hustle but this was still really cool, thanks!

[@JonesDrew72]

Thanks for giving back to the community!

[@Where.jos.]

Very grateful and respect people that decided to open business to provide for the community while still doing something they enjoy

[@Nicegram-Me-Kwite-Page]

Hey 🎉🎉🎉..,.

[@jimmyboii5001]

Awesome content, like the fact it’s not all openings, you give some great insight

[@XxphizzyxX]

Been thinking about starting a business in the future. Thank you for the insights.

[@Yeeeee928]

Danny Phantump, you always have such a good insight on Pokémon, thanks for the heads up on the biz!! Love the vids!!

[@cerebralslayer486]

Keep the business videos coming!

[@sirdactyl]

The breakeven percentages were interesting to know, thanks Danny!

[@Rockologist]

Thanks for the video detailing these things Danny! I would never plan on opening a TCG store, but very neat! Still a worthwhile video to watch.

[@tripleppp01]

Always appreciate your work!

[@mauroelbers]

Thanks for this amazing video! Keep up the good work!

[@JHJ_hits]

Always great info and content, I’m not interested in opening a store but opens my eyes to what my lgs has to do to survive in the midst of a lot of competition, always gotta support local!

[@Zappro74]

i'm going to start working on the business over the summer, i love pokemon so it will be worth the wait

[@AngryEightDC]

Thanks for the vids Danny! Keep ‘em coming!

[@ben_litt603]

This video hit at exactly the right time for me. Thanks

[@rigosol7836]

Thanks Danny, for the view behind the scenes of a store 🥰

[@sirventagod]

I love how informative these videos are

[@carlosanaya558]

Appreciate this videos. Really helped out with what I’m looking for

[@jonathanvisintin9600]

Thanks for the great video !!! Always informative.

[@anklez8623]

My 12 year old is the president of their middle school shop. They sell little things like pencils, fidgets, small stuff like that. The group decided they want to start selling Pokémon cards. I have no idea how they plan on getting started on that since it will be expensive to get inventory.