Daymond John
๐ค SpeakerAppearances Over Time
Podcast Appearances
So you're doing eight stores and every one of the stores doing $20,000.
So you're doing eight stores and every one of the stores doing $20,000 a piece.
Let's do an even number, $25,000 a piece.
Let's do an even number, $25,000 a piece.
All right, you're doing $200,000 out of the stores.
All right, you're doing $200,000 out of the stores.
And let's say you're making a 20% margin on $200,000.
And let's say you're making a 20% margin on $200,000.
It's approximately $40,000.
It's approximately $40,000.
OK, going and adding another eight stores around the country, not going to relate to more of a net than 40, because now you're spending a lot of time and energy.
OK, going and adding another eight stores around the country, not going to relate to more of a net than 40, because now you're spending a lot of time and energy.
It's eating up your initial eight and it's expanding you a little bit.
It's eating up your initial eight and it's expanding you a little bit.
But what you're not doing, you're really not figuring it out instead of concentrating on that eight.
But what you're not doing, you're really not figuring it out instead of concentrating on that eight.
I can say that when I was dating.
I can say that when I was dating.
I used to, I'm not a person who loves to date, you know, like one night stands and all that kind of wild stuff.
I used to, I'm not a person who loves to date, you know, like one night stands and all that kind of wild stuff.