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he calls himself a serial entrepreneur even though he's still on his first business and his second is going to be T-shirts (notoriously bad business sector)? I

he calls himself a serial entrepreneur even though he's still on his first business and his second is going to be T-shirts (notoriously bad business sector)? I forsee bad things in the future.

clistctrl 17y ago
That was my thought too
jeromec 17y ago
In his first business he noticed a profitable demand and filled it. Now he has the advantage of capital to try other ventures, as well as real world business experience. He may do well. I love stories like this.
cruise02 17y ago
He's been successful one time in a row. I admit that that's a better success rate than I currently have to my credit, but it did make for a rather lame ending to an otherwise good story.
icefox 17y ago
I was also thinking this falls under the luck category also. ~8 years ago I got into selling Transformers on ebay. Classic G1 toys were going for a lot and I was making a nice margin. And then Hasbro and Takara started re-releasing the toys. My bad luck.
jasonlbaptiste 17y ago
He's been successful, which I'm pretty sure gives him the right. Whether he'll do it again, is yet to be seen. I bet people would have said selling coins would be a notoriously bad idea/sector,etc. but he did well. I foresee good things in his future.
jamesbressi 17y ago
HAHA... I thought that too until I finally understood what he meant. Remember, he started off with just Marine coins, then... "In the past five years, Morin has expanded his coin business beyond the Marines to include other service branches, weddings, sports teams, and corporations such as Starbucks, Delta Air Lines and United Parcel Service. He hired a Web designer to jazz up the online site. He changed his company name from Marine Corps Coins to Coins for Anything and has expanded into trophies, pins and lanyards (the neck straps to which security badges or credentials are attached)." So you say, "he expanded", but he views these expansions as additional businesses and treated them as such "... estimate that Morin's companies earn a net profit of around $1 million; he didn't deny that estimate. He is rolling most of that profit back into his enterprises. A competitor offered to buy the coin company for $4 million a couple of years back." Furthermore, I wouldn't downplay the t-shirt business everyone. I would have said the same thing about the coin business until I read this. Only difference is I know a bit more about the t-shirt business and the money is there.

he calls himself a serial entrepreneur even though he's still on his first business and his second is going to be T-shirts (notoriously bad business sector)? I forsee bad things in the future.

clistctrl 17y ago

That was my thought too

jeromec 17y ago

In his first business he noticed a profitable demand and filled it. Now he has the advantage of capital to try other ventures, as well as real world business experience. He may do well. I love stories like this.

cruise02 17y ago

He's been successful one time in a row. I admit that that's a better success rate than I currently have to my credit, but it did make for a rather lame ending to an otherwise good story.

icefox 17y ago

I was also thinking this falls under the luck category also. ~8 years ago I got into selling Transformers on ebay. Classic G1 toys were going for a lot and I was making a nice margin. And then Hasbro and Takara started re-releasing the toys. My bad luck.

jasonlbaptiste 17y ago

He's been successful, which I'm pretty sure gives him the right. Whether he'll do it again, is yet to be seen. I bet people would have said selling coins would be a notoriously bad idea/sector,etc. but he did well. I foresee good things in his future.

jamesbressi 17y ago

HAHA... I thought that too until I finally understood what he meant. Remember, he started off with just Marine coins, then... "In the past five years, Morin has expanded his coin business beyond the Marines to include other service branches, weddings, sports teams, and corporations such as Starbucks, Delta Air Lines and United Parcel Service. He hired a Web designer to jazz up the online site. He changed his company name from Marine Corps Coins to Coins for Anything and has expanded into trophies, pins and lanyards (the neck straps to which security badges or credentials are attached)." So you say, "he expanded", but he views these expansions as additional businesses and treated them as such "... estimate that Morin's companies earn a net profit of around $1 million; he didn't deny that estimate. He is rolling most of that profit back into his enterprises. A competitor offered to buy the coin company for $4 million a couple of years back." Furthermore, I wouldn't downplay the t-shirt business everyone. I would have said the same thing about the coin business until I read this. Only difference is I know a bit more about the t-shirt business and the money is there.