“Our top tier providers are over 20% net margins, right? And just getting started, we want them to at least make 10% margin on their businesses.”
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Said on Dropping Bombs
Corey Ganim · 7-Figure Leap with Dustin Riechmann · Stop Guessing What to Sell. Let Customers Show You. with Corey Ganim
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sold VHS-to-DVD conversion service with 99% net margin for 10 years
99% net margin
“Our top tier providers are over 20% net margins, right? And just getting started, we want them to at least make 10% margin on their businesses.”
“We actually built a servicer first, built the technology alongside that servicer… when the market made it clear we'd proven our point, we sold the servicer and today we're just a pure play.”
“The smart bidding algorithm can't really tell the difference between a 300 euro order that has a 40% margin and the 300 order that had a 10% margin”
“Full funnel conversion rate... was 10.4 percent”
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