ilmscore | Let's Start A Business Together! (Yes, you!) - Part 1

Let's Start A Business Together! (Yes, you!) - Part 1

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
The speaker is launching a merchandise line for his YouTube channel, encouraging viewers to submit designs and purchase products from investmentjoystore.com. The success of these products will determine their popularity.
"we're going to find out together and to do that get on discord join there's some merch chats on there the the website is investment joy store.com it's already set up it's live people can order products if they want but if you have an idea for merchandise and one of several of the people have already sent us these really cool concepts these really cool designs on merchandise like Spoony the spoon and brandon likes to cook which I can't it blows my mind that somebody went through that much that level of effort because they're phenomenally designed products"
Merchandise Sales
Pending
The speaker plans to use the merchandise business as a case study, making the 'gory back-end stuff' available for viewers to observe the operational aspects of a business from its inception.
"so the idea is this let's do an investment joist or let's sell merchandise or any product related to the YouTube channel and our license investment to a to anybody that wants it the brand name or whatever it you would consider it I'm all license it and everybody can take the money from me as long as I get a little like royalty fee or whatever and it'll be promoted on my youtube channel"
Business Case Study
Pending
The speaker's long-term goal for physical products is to develop items specifically for people in skilled trades.
"the only thing that I would like to do would be to try and figure out some products that people in skilled trades use that's like the only long-term thing that I want to do with physical products"
Product Development (Skilled Trades)
Pending
The revenue from merchandise sales will be split among product creators, the mod team, and the speaker will receive 25% of the net profit as a licensing fee.
"we're going to split the revenue between the product creators and the mod team that does the backend crap and then I get 25% of whatever the net is which I hear is a really good licensing term"
Merchandise Sales Revenue Split
Pending
The speaker's laundromat business is experiencing increasing revenue, with significant coin collections.
"which I keep saying it's the biggest collection we've done on quarters and I keep saying it's the biggest collection ever because most of the time it is because our revenue is going up"
Laundromat Business
Pending