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  1. MitchM

    Is this warehouse F*cking me? It smells like complete bullshit...

    PEOPLE 
    Yeah, I’m definitely going to have to step up my game here. They’re a reputable company in the states, but that doesn’t mean they won’t try to pull one over on you. After my conversations with my other warehouse that I work with - as well as my supplier - they’re clearly exaggerating their...
  2. MitchM

    Is this warehouse F*cking me? It smells like complete bullshit...

    PEOPLE 
    The warehouse I am working with made a big mistake with customs and a bunch of orders got sent back at once. It led to like $5k+ in charges. It was their fault so they said they'd cover it. So, I considered the whole situation reconciled. A few weeks later - after about 20 pallets were...
  3. MitchM

    Why can't I succeed already? Is something's wrong with me?

    17 year old financial advisors :rofl: All I can do is facepalm.
  4. MitchM

    Why can't I succeed already? Is something's wrong with me?

    You've got a massive head-start. You may feel like you've failed, but if you open up your perspective you'll see that you're at a huge advantage. Don't let social media fool you. Almost nobody your age is running a successful business. The ones who are, are probably telling other kids that...
  5. MitchM

    A complete rollercoaster: Lessons I learned from raising over $350,000 through crowdfunding and launching on Amazon (today!)

    EXECUTION 
    As far as getting backers goes, I played the standard game of getting qualified leads for a launch list via FaceBook ads. Gaining these qualified leads also helped hone who to target during the campaign, but really it was a matter of pumping the Kickstarter up with traffic and sales as hard as...
  6. MitchM

    A complete rollercoaster: Lessons I learned from raising over $350,000 through crowdfunding and launching on Amazon (today!)

    EXECUTION 
    Also, sorry for the bump - but if anyone wants my advice on doing a Kickstarter or even amazon launches - feel free to ask :)
  7. MitchM

    A complete rollercoaster: Lessons I learned from raising over $350,000 through crowdfunding and launching on Amazon (today!)

    EXECUTION 
    Hey guys! This past year has been absolutely crazy, but I’m so excited to announce that EVO Gym is launching today on Amazon. I wanted to make this post as a bit of a summary of the big ups and downs of the past year, and what I’ve learned from them. I hope you can take something from it too...
  8. MitchM

    Freight costs from China to the U.S. From $8000 to $24,000 per 40 foot container in the past month.

    SOURCING 
    Yes, that's the one positive for me. I can definitely take the hit on my margins without raising price at all as well. It's just a bit frustrating since I already over-extended with this round of production.
  9. MitchM

    Freight costs from China to the U.S. From $8000 to $24,000 per 40 foot container in the past month.

    SOURCING 
    Hey Walter! Thanks a lot for the reply. That would be great. I definitely can't go with air freight right now, but if you have any companies you can recommend me for consolidation I would really appreciate it.
  10. MitchM

    Freight costs from China to the U.S. From $8000 to $24,000 per 40 foot container in the past month.

    SOURCING 
    I'm sorry to hear that man. I was thinking about how much it would suck if I sold large products. It actually looks like I'm getting better quotes by doing several LCL shipments than full container shipments.. which is odd. My suppliers themselves have contracts with some companies and they...
  11. MitchM

    Freight costs from China to the U.S. From $8000 to $24,000 per 40 foot container in the past month.

    SOURCING 
    Hey guys. I'm sure that I'm not the only one dealing with this right now and that's why I wanted to make this thread. In the past month I have seen the cost to ship one full container basically triple. From $8,000 to $24,000. (and of course, it was lower than $8000 not long ago) While my...
  12. MitchM

    [RANT]: Raise the minimum wage! This is so unfair!

    GOLD! EXECUTION 
    Like with so many issues, I think we try to fix a social problem with a policy solution. I'm not an idealist who believes that everyone can be well off, but if you see the economic landscape of the U.S. as one where there is mobility for those with valuable skills - a hierarchy that rewards...
  13. MitchM

    Clothing Brand start-up, first business

    HOT! 
    Sounds good! Yeah, I pointed out the marketing thing because often marketing first becomes manipulation. Product first with strong marketing is just conversion. Focus on a great product or service and then worry about marketing. That is basically all I mean to say.
  14. MitchM

    Clothing Brand start-up, first business

    HOT! 
    I agree with the others. I definitely always try to be on the side of positivity when it comes to starting something new, but testing first won't hurt. Everyone wants to do clothing, and I honestly cringe inside when I have friends telling me they want to do the same thing. Remember CENTS...
  15. MitchM

    Hitting the escape button, running for the life boats... Unscripting as a young Millenial!

    INTRO 
    Hey man. It sounds like you've got a great head on your shoulders and are in a good position to make great progress. I dealt with some family money issues myself early on and understand what that kind of pressure can feel like, although of course our circumstances aren't exactly the same. You...
  16. MitchM

    Holy $H!T, I'm launching my new kickstarter project tomorrow!

    HOT! EXECUTION 
    That's strange. For some reason I can't edit the original post. Thanks for letting me know :) https://www.kickstarter.com/projects/131983378/evo-gym-all-in-one-portable-exercise-solution That link should work.
  17. MitchM

    Holy $H!T, I'm launching my new kickstarter project tomorrow!

    HOT! EXECUTION 
    Hey guys! Just posting an update on this. I ended up with about $350,000 in funding. It actually wasn't super profitable with the current cost of goods and the price point I sold at. The cost of materials has all gone up over the past several months, but it isn't a big deal. I didn't need...
  18. MitchM

    Holy $H!T, I'm launching my new kickstarter project tomorrow!

    HOT! EXECUTION 
    Thank you very much! The ads are already performing pretty well. I set aside a budget to hit $400k, but not sure how that will go. Right now sitting at $35k at 4 days in. I think we should comfortably hit at least $100k, which will allow me to fund additional inventory for my first round...
  19. MitchM

    Holy $H!T, I'm launching my new kickstarter project tomorrow!

    HOT! EXECUTION 
    Yes, just a wider base is certainly an option.. although it is the most expensive part on my end. I think that after the Kickstarter finishes and after the first round of Amazon I'll have a better idea of what I need to offer on my end. Definitely a big advantage of doing a kickstarter first :)
  20. MitchM

    Holy $H!T, I'm launching my new kickstarter project tomorrow!

    HOT! EXECUTION 
    To be honest, I didn't focus on a social media presence at all. I just went clean cut with Facebook ads for a pre-launch campaign. I'm not saying you should do that, because it certainly would have helped... but I basically started running the pre-launch as soon as I had the digital assets in...

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