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How To Run A Profitable Clothing Business u0026 Make Money

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Gimmie more of these vids brotha
Comment from : @1JHurley

Great video As someone whos been running an apparel brand for 8 years no id advise people not to forget about the impact your business decisions make on other people Its very easy to make strong profit margins on apparel if you are buying from south east asian factories Bulk buying can be as little as 2 or 3 dollars per shirt This is great for your own personal profit but dont forget, when you buy blanks at this price, almost certainly you are supporting sweatshops which utilise child labour while also having no regard for environmental damage Just something to think about it There are lots of production factories out there that follow UN guidelines on safe and healthy working environments which pay their staff well and dont use child labour They also wont absorb too much of your profict margin
Comment from : @CharlieKavanagh-j2n

Contact for bangladeshi clothes
Comment from : @Garments_and_wigs_Bangladesh

Are looking for bangladeshi Manufacturer?
Comment from : @Garments_and_wigs_Bangladesh

30 profit margin means there is $30 of net income for every $100 of revenuebrbrGawd your markup lessons are great yet the percents used are wrong brbr$10 cost to $40 retail is 300 markupbrbrbest way to figure true profitbris take $10 cost and divide by 70 if you want 30 markupbryour chart allows for dealers though
Comment from : @cardinalsellingservices4462

Good stuff thanks
Comment from : @lonewolfgangliveforever

You ae gambling with stock volumes so how are you midigating risks? Any risk kpi you have to guide you in your decitions?
Comment from : @tommytuomaala9087

But how are you creating value for the customer? You decide the prize and customer the value
Comment from : @tommytuomaala9087

thanks man
Comment from : @bornke22

How much is a good profit margin, considering cost of productions, samples, Advertising and Marketing?
Comment from : @ilfouco1541

Yo what was the instrumental you used at 4:55
Comment from : @cesarcorrea2566

This was very helpful
Comment from : @demigoddessgeorgee

Thanks bro
Comment from : @statictrey

More finance and funnel videos
Comment from : @matthewmatthew7517

그래도 현실적이네요 규모의경제
Comment from : @sgcompany2017

Great video
Comment from : @aqrambukenya244

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
Comment from : @clifforddean232

All this stuff with fast fashion, tik tok shop etc stresses me out bc nobody wants to pay $20 for a shirt anymore 🥲
Comment from : @natatattat2474

Really so useful content❤
Comment from : @snehadey6251

Thanks mate!
Comment from : @Boxnoob

First asian who sucks at math
Comment from : @artsf6161

If you buy something for $10 and sell it for $20, your profit is 100
Comment from : @TBR464

A lot of good info here The shipping on 1 is NOT the same as on 100, though
Comment from : @ShaKing777

SOLID INSIGHT!!!
Comment from : @lioxelofficial

This was soo dope bro! I'm very appreciative for this content
Comment from : @Franchize_OooWEEE

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Comment from : @tariqansari8547

Can you be my mentor?😅
Comment from : @dablackxican

hello, Im confused, don't you add labor in the pricing of the goods?
Comment from : @jaejae4117

man this stuff stressful i aint even create anything yet
Comment from : @srtwizzy8535

Such a good video
Comment from : @NotSoNaturalLife

You worked at the bay? Your in Canada? Oh I need to talk to you guys!!!
Comment from : @yougotgroove

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
Comment from : @Breezy_frm252

Your video is so basic it's for people that are idiots and know nothing
Comment from : @tommygamba170

this was crazy game
Comment from : @TheOverpowered1

11:30 💯💯
Comment from : @TheOverpowered1

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
Comment from : @TheOverpowered1

Thank you for doing the things you don't have to I truly appreciate you like a real friend💪🏾💪🏾
Comment from : @rmoods7544

hmm Debit adds to good credit if you pay off on time hmmm
Comment from : @AMPProf

Gettin Vibes like this guy saw profit and The other guy was like Idk mehhhh brSUGGESTION: Add Merch tag or title or hashtag Cuse this is 100 applicable to Branded Merch sales
Comment from : @AMPProf

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 😅
Comment from : @Mehfame_

You just did gross margins, not net marginsbrat 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 havebryour number of 10-15 that is netbrI 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 brI 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
Comment from : @papneja

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
Comment from : @Tsunami_Swami

Would this business model apply for other stuff other than clothing? For example mousepads or other stuff
Comment from : @joelperalta6098

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
Comment from : @hkrumble

My question for you is, do you create an LLC or S Corp?
Comment from : @angusamongus7566

Just randomly found your videos on YouTube 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
Comment from : @NursesToRiches