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$270k/month with a booze subscription box
- thaumasiotes 7y agoWait, why do I care about $270k / month revenue? Retail means lots of revenue that is totally independent of the amount of money you're making. How much of the $270k goes right back out buying the booze?
- TrackerFF 7y agoThat's the thing with these entrepreneurship forums, they (almost) only reveal their revenue. I've heard many different reasonings to this: "Profit margins are a private matter" "Showing profits open up to competition" "Profits don't matter at this stage, as we haven't scaled or optimized yet" And it just makes for a better story.
- y4mi 7y agoDoes it matter, really? It sounds like a nice enterprise to me. It might not be the highway to billionaire but definitely sounds well paying enough to have a nice and pretty easy life. And he doesn't need to live in a high cost areas either as the shop only needs a smallish warehouse/cellar for the alcohol. it's basically a story and was probably never intended to be a recipe to duplicating what he's done. I think it's a little of bragging and maybe even a little advertisement for his service. Just read it like that and it's a perfectly fine story
- epanchin 7y agoIt matters if they’re selling a dollar for 90c and calling it successful. In this case, they’ve explicitly stated they’re profitable.
- 55555 7y agoYeah this isn't a VC funded company, it's a small business. With 270k a month in rev you can almost always carve out a very nice profit margin for yourself.
- westondeboer 7y agoSeems like a super scam to me to try and resell it quickly