I mean coming into butte

Montana

Butte is neat

it has the world's biggest open pit full of mining sludge

👌

@fallot taking measures

one measure is paying only 30% up front

another is the fact that a lot of this is off of Global Sources, which has higher standards than a joint like alibaba

you've read that 4chan post yes?

of course

alright, good luck

I know what morlocks are about

it may be worth their while to cheat you out of 30% is what I was thinking

so currently what I am selling will be for a goal price of $30, I can get them manufactured for like $6.50/unit so far

well the places I'm going through are brokers almost, they have a sort of insurance against that kind of thing

so in theory if that happened I would have recourse

so $6.50 per unit to the port... then probably another 0.6-1 for shipping... so about $7-8 to get my $30 product from China to the shipping warehouse

so hopefully I get a fat margin off this

what's the shipping cost from warehouse to customer

from warehouse to customer, I'm not sure but it's incorporated in amazon costs. I think that ends up being like another $7

I have to review my calculations but it's like... (price) - (shipping + amazon fees + ads) = margin. In my case that looks something like $30-(7+7+1)=$15

probably will end up more like $10 when all is said and done, stuff has a way of adding up, but making $10 on something that sells 1000 units a month is fine by me

it doesn't even have to be perfect, because I'm going to turn around and start another product as immediately as possible and repeat until ballin'

repeat until ballin' lol

literally is that

if it makes remotely that much money then I will buy more software tools to help me do this with less effort, thus be able to scale it up more easily

like crap that will calculate reorders for me

so my profit will momentarily go down due to the new expense, but then double as I add more products that I can now responsibly manage

one time, in my errant youth, I grew magic mushrooms

and the way I did it was so easy and scalable that i sold everything I grew for like $3000 to this dude I knew that was moving tons of drugs

and then I thought about how easy it would be to do 10 or 100 times that much and got freaked out and quit

it basically takes brass balls to have money

it almost requires spiritual enlightenment to have hundreds of thousands of dollars invested in something and watch it ride out the peaks and troughs

Yeah. But drug money seemed too tricky ultimately. I had other options so I discarded the idea

who knows, maybe you would be able to proceed now

in my case, I've basically always been like I'm on cocaine, all grandiose and narcissistic and ballsy

I feel like I was born to do this kind of crap, I don't even feel alive unless I am

I literally need to be taking some kind of risk almost every day or I feel dead inside

I'm very risk averse.

naturally

there comes a time I believe when every man realizes he is taking risks every single day he's alive whether he wants to or not, and that he will one day eventually die no matter how careful he is