The Profit In 10 Minutes: Detroit Denim | CNBC Prime

"The Profit" episode "Detroit Denim" is now available to watch in just 10 minutes! Hear the Full Episode with The Profit Podcast: megaphone.link/CNBC4071064868
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About The Profit:
When Marcus Lemonis isn’t running his multi-billion dollar company, Camping World, he goes on the hunt for struggling businesses that are desperate for cash and ripe for a deal. In each one-hour episode of The Profit, Lemonis makes an offer that’s impossible to refuse; his cash for a piece of the business and a percentage of the profits. And once inside these companies, he’ll do almost anything to save the business and make himself a profit; even if it means firing the president, promoting the secretary or doing the work himself.
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The Profit In 10 Minutes: Detroit Denim | CNBC Prime

[@Rick-tb4so]

I Am a CPA but I don't want to be here......If your not a asset your a liability.....YOU'RE FIRED....

[@Je.rone_]

From the first 10% of the video you gotta wonder how they made it this far😀

[@DaydreamAboutNiceThings]

One of my favorite deals you have done ! Great company and you are an awesome investor that actually jumps in and shows them how to take a great idea and make it awesome !

[@judasplow25]

Wow! This was really cool to watch. Go Detroit Denim!

[@sm-bp7fg]

She runs the business actually technically

[@NoName-uz7gf]

Saying you don't want to get into selling to women is like saying you don't want to get into being profitable

[@LittleHatori]

*THIS LOOKS LIKE A FORMULA TO LAUNCH A ROCKET.*

[@cdoublejj]

this company sells womans jeans and they make good quality products and are still growing

[@marcelnz]

nice one!

[@rushabhshah8552]

Too early here for the comment that says, "I looked online, it's our of business."

[@anaheimswillyg2238]

AIDS? Nobody has AIDS! I don’t wanna hear that word used in here again! Awesome show 👏🏼

[@rathauneek2953]

hahaah what? Why are your quoting tony soprano

[@chartreusecircle1546]

@@rathauneek2953 Go easy on him. He never had the makings of a varsity commenter.

[@bryanluntz1603]

Congratulations on your business

[@askurmom1]

Who are the 2 that gave this a 👎, and why? For once I would like to see a video without that.

[@gcoyne8078]

Wow. There is really bad energy in this company

[@detroitbloodrunsinme8194]

Simply bad energy in Detroit

[@cindygibbish4448]

💘

[@srreventon]

So my fav story about jeans has to be this.... a guy decides he wants tonhavehis own denim brand..... he fails Then he tried again and FAILED again Thats 2 times folks And yes.. he went for it a 3 time He actually made it and he was the founder of true religion jeans!!!!!! Thats 1 in a million and trying 3 times is simply insane He sold the company for about 400 million

[@cdoublejj]

interesting he still works there as of last year

[@Swa1nTrain]

Yes finally first!

[@Swa1nTrain]

Yes I am lol 🤣🤣🤣🤣🤣🤣💯

[@Swa1nTrain]

Third myself in comments!

[@Swa1nTrain]

Yiiuuuuuu!

[@Swa1nTrain]

@@TRUTHaintHATING lol, but im still first lol

[@evelyntsukiyomi1944]

Alguien que lo subtítule al spanish please uwu

[@LittleHatori]

Yo acuerdo amigo.. yo puedo hablar español pequeño pero no puedo traducir para tú... lo siento...

[@AmirMirouCasanova]

I'm third

[@toyotrading7054]

How does Marcus value these businesses??? He does NOT follow any investment or accounting parameters!!!

[@mohitdhanwani6431]

Generally there is no parameters in business valuation only a educated guess, even listed stocks don't follow any specific valuation it is just supply and demand to keep it simple

[@toyotrading7054]

@@mohitdhanwani6431 I honestly don't know how to reply without turning this into a mud fight... I'm a CPA sitting here gobsmacked wondering if this is some sort of joke!!!! Why does the entire investment banking, accounting & finance industry in general exist if not perform tasks like valuing businesses & asset classes like equity stocks?????

[@mohitdhanwani6431]

@@toyotrading7054 I myself am CFA lvl2 candidate and working in Mutual Fund Industry from past 2yrs , when you work inside the industry you get to know all this isn't such a big deal as people make it out and 90% of investment strategies don't work even risk management fails in case of unexpected scenarios. Finance industry is there to make everything complicated and make money out of it just like Lawyers do, atleast that is what i think

[@NaveedAliShahRealtorNVAR]

@@mohitdhanwani6431 “there is no parameters in business valuation” False. Truth: en.wikipedia.org/wiki/Pre-money_valuation?wprov=sfti1

[@NaveedAliShahRealtorNVAR]

In the video at 06:30 he explains his parameters