“There's a lot of reporting showing that the gross profits for serving the models are, you know, the gross margins are positive.”
GL
Garrison Lovely
Future of Life Institute Podcast ·
Making Chips Podcast for Manufacturing Leaders · How to Grow Existing Accounts, Win New Customers, and Take Control of Your Revenue | Ep. 547
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states typical profit margins for machine shops
average 8%, top 16-17%
“There's a lot of reporting showing that the gross profits for serving the models are, you know, the gross margins are positive.”
“He explained that becoming a minority or passive owner in an asset management firm, a GP, has three distinct benefits… management fee typically around 2% per year… firm typically gets 20% of the profits.”
“One of them is an example is we've found a way to methodically get data on brand new LLCs in the state of Texas. So we will have them go run at brand new entities that have spun up in the last typically seven to 14 days.”
“We're going to invent a product that sells for exactly $100. And this is actually a really good TikTok shop product because it has 70% gross margins, meeting our landed product cost is $30”
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