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Dan Fleyshman

👤 Speaker
3433 total appearances

Appearances Over Time

Podcast Appearances

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

You actually might be calling us for more money because when it works on green t-shirts, if it's 1.2 million sales, you probably need to spend 400K to 600K on the actual shirts, the inventory. You probably spent $200,000 on paid ads. You probably had Bowski help you do it. He still had to spend the money for you, even if he's more efficient at it, still spent it.

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

So four to 600K on the inventory, 200K on the paid ads. You've got an office for five grand a month. You've got three employees at four grand a month each. That's another 12 grand a month. You went to the trade shows at the convention called Magic in Las Vegas. You went to the ASR show, the Action Sports Retail Show in Huntington Beach.

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

So four to 600K on the inventory, 200K on the paid ads. You've got an office for five grand a month. You've got three employees at four grand a month each. That's another 12 grand a month. You went to the trade shows at the convention called Magic in Las Vegas. You went to the ASR show, the Action Sports Retail Show in Huntington Beach.

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

Bada bing, bada boom, that's 30 grand here, 50 grand here, 20 grand here. You paid some taxes. And then you hired an accounting firm. You hired a law firm. That's 40 grand. That's 20 grand. You see where I'm going? Even when you crushed it at 1.2 million, we're proud of you. Your valuation went up. Maybe you're worth 3 to 5 million now, so kudos to us. But for you, you made zero.

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

Bada bing, bada boom, that's 30 grand here, 50 grand here, 20 grand here. You paid some taxes. And then you hired an accounting firm. You hired a law firm. That's 40 grand. That's 20 grand. You see where I'm going? Even when you crushed it at 1.2 million, we're proud of you. Your valuation went up. Maybe you're worth 3 to 5 million now, so kudos to us. But for you, you made zero.

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

And then next year, you really crush it. 1.2, you jumped to $3 million. Guess how much you made? Rhymes with zero again. Why? Because now you spent 1.2 to 1.5 million in inventory. You spent $600,000 of paid ads. You got a bigger booth at the convention. You went from four employees to 15 employees. You see where I'm going?

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

And then next year, you really crush it. 1.2, you jumped to $3 million. Guess how much you made? Rhymes with zero again. Why? Because now you spent 1.2 to 1.5 million in inventory. You spent $600,000 of paid ads. You got a bigger booth at the convention. You went from four employees to 15 employees. You see where I'm going?

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

You're going to keep pouring the gas on the fire because that's what you should be doing. How dare you try to pull out 50 grand when that 50 grand has turned into 200? Why would you pull the money out to cover your overhead? What if you didn't quit your day job? What if you had money saved up? And then once you had the money saved up for a year or two of overhead, then you made the leap.

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

You're going to keep pouring the gas on the fire because that's what you should be doing. How dare you try to pull out 50 grand when that 50 grand has turned into 200? Why would you pull the money out to cover your overhead? What if you didn't quit your day job? What if you had money saved up? And then once you had the money saved up for a year or two of overhead, then you made the leap.

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

We would actually like you even more because we felt more comfortable for you. We want you to be able to pull out some money later, not at the beginning. First, we're protecting our investment. Second, we want you to start making some money.

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

We would actually like you even more because we felt more comfortable for you. We want you to be able to pull out some money later, not at the beginning. First, we're protecting our investment. Second, we want you to start making some money.

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

But if you go out there and start pulling out 50 grand, 100 grand, 200 grand for your overhead, you're going to be literally hurting your own business and hurting the scale and hurting the valuation. That 50 grand, 100 grand is worth $300,000 in sales. That $300,000 in sales is worth a million dollars to valuation. So what's the 50 grand worth it?

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

But if you go out there and start pulling out 50 grand, 100 grand, 200 grand for your overhead, you're going to be literally hurting your own business and hurting the scale and hurting the valuation. That 50 grand, 100 grand is worth $300,000 in sales. That $300,000 in sales is worth a million dollars to valuation. So what's the 50 grand worth it?

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

For sure.

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

For sure.

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

So on the make money side, last question before we go to the investing side, you've mentioned insurance a few times.

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

So on the make money side, last question before we go to the investing side, you've mentioned insurance a few times.

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

We have mutual friends and some of my friends that have insurance companies or working on insurance or going to work with some of our friends. Why is insurance space a good business to go work maybe as someone's first job in sales?

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

We have mutual friends and some of my friends that have insurance companies or working on insurance or going to work with some of our friends. Why is insurance space a good business to go work maybe as someone's first job in sales?

The Money Mondays
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120

i don't like sell a course on it i'm not like out here trying to train people on it but it really is one of the best ways all right so now they made the money they listened to you they took the leap they went and sold insurance they got into that space they made six figures they got some money to invest but there's real estate the stock market cryptocurrency angel investing there's so many different options how can someone research or decide what the heck to invest into