/biz/ - Business & Finance

>>17651527
Sure why not. I wanted to get into the youtube space for a while. Here's my discord XEyPpv

>>17637353
All private label. RA and dropshipping are low hanging fruit with meh margins.

First product cost nothing, makes $13-15k/month. I invested nothing into it as they were samples.

Second product coming back online in a couple weeks. $12.99 retail, $1.7 cogs. Net is $6, so 3.5x on that. $16k/month sales, 3x yearly turnover. Original investment of $8500.

Third product online cost $48, I net $130, so 2.7x. Total investment $38k, 2x/earnings turnover currently but sales have only been going 3 months so I expect sales to triple with a 6x turnover. Like $30k/month when it starts selling, only about $5k now.

Final product in pre production cost $2.85, price is $15.99, net like ~$8. Around 2.8x on that. $22k/month, original investment approx $7500. 6x turnover.

Mind you this all started from my original product profit, so I count this all as part of my original roi.

If I assumed just original investment amounts, I paid $55k and will generate around $985k/year of which around 40% is take home money net of reinvesting into inventory.

Not bad for starting with around $2k of living money and some samples 2 years ago.