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9 contributions to reTHINK RICH Academy
Cash or trash
CASH OR TRASH Cash or trash for sale deal evaluator Of the day.... is this a good deal or not and why WHATS THE VALUE OF THIS BUSINESS IN YOUR OPINION
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New comment Jul 9
Cash or trash
0 likes • Jul 9
I would say this CASHHHHH. 42 units at $2,300 per unit is $96,000 gross revenue. I would go to the bank and get the money for the down payment and renovations. Being that this is a seller financing deal with 0% interest is insane. Once this building is fully occupied and renovated I believe it could be worth $7M-$10am. At that point you could borrow 70% of the property’s value from the bank to pay off down payment renovation cost and pay off seller finance balance possibly.
This Is How I Helped A Streetwear Brand Go From $1000/month to $40k/Month In Less Than 30 Days!!!
I do digital marketing and consulting. I also just recently just started buying real estate. I teach businesses how to generate more leads and sales to their business and close them. How I helped a street wear brand go from $1000/month to $40k per month. Here's what I did..... I identified the market... I dialed into his demographics. I figured out that the type of apparel he was selling was directed to an age group from 18-30 years old. Did market research... I researched and was able to determine that most of the people that the brand wanted to reach were into hip hop. I begin to target rappers like Lil Wayne, French Montana and Jay Z on Facebook. I analyzed previous campaigns. I noticed that a particular design that the client used performed really well in the past. I then got with my designers and we created similar style campaigns with other products that the brand owner was selling and it worked phenomenally. 1. I ran $20 per day ads on Facebook.... After running ads for about 5 days I was able to identify winning ads and audiences. I then told the client that it was time to invest more money into his business so that we can scale. The client was able to do his first $1,000/day within a week. 1. Started Scaling... Once the client started to generate $1,000/day we started to create similar ads and only focus on ads that were generating 3-4X Return on ad spend. My client was able to do his first $3k day in less than 2 weeks of running the campaign. 1. Remarketing Campaigns... I then started retargeting and remarketing to people who added a product to cart but did not purchase for $15 per day in adspend. Here is the ad copy. Your (product name) is expiring soon.... Come back and use code "10OFF" and get $10OFF. This code will expire in 24 hours. Shop now or forever hold your peace. Shop now👉(website url) 2. 1. Client had to shutdown his Shopify Store... We were able to scale his brand so much that the client actually ran out of product and had to shutdown his store because he ran out of inventory. I advised him to pause his ad campaigns because he would possibly run into chargebacks due to the delay in shipping times due to manufacturer in China.
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Let's think
If someone gave you 1 million dollars today. What is the first thing you would do?
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New comment Sep 23
1 like • Jun 10
I’d actually purchase a business. An example would be an apartment complex or hotel that may cost $10M that has at least an 15% cap rate. That would have an NOI of about $1.5M after expenses. Then I’d probably make $300k yearly net after debt service is paid. I’d get my $1M back in less than 4 years.
FREE CYCLING WORKS
70 in 3d tv , Found this t v on the side of the road, About to sell it 3 hundred 😳 plus delivery
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New comment Jun 9
FREE CYCLING WORKS
0 likes • Jun 9
Boss
Buying a business
Fun fact: 10,000 baby boomers retire each day. A lot of them own businesses and over 50% of them have no succession plan. Which means they will be looking for someone to take over... It can be you if you follow simple steps. It's not complicated and requires a lot less money than you think. Here are the advantages of buying a business using OPM: ✅ You get straight into 7 or 8 figures in revenue without years or decades of startup struggle ✅ You can borrow money against the business so you don't have to risk your own capital ✅ There is oversupply of Baby Boomer businesses out there so you can pick and choose ✅ It's a buyers' market meaning that the prices are low ✅ Investors and banks are looking to deploy money into proven and tested businesses with steady cashflow ✅ And many more... We are an investment and consulting firm looking to be at the forefront of this transfer of wealth. We helped hundreds of entrepreneurs achieve their dreams by acquiring those businesses and building their portfolio. Nothing compares to this strategy. We've prepared a program that goes in depth on the strategy that works now in 2024 and that allowed our members to acquire different cash flowing assets ...
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New comment Jun 9
Buying a business
1 like • Jun 9
This is very true Mr. Richard. I actually just started reaching out to businesses to see if they want to sell their businesses. I came across a pizza shop that was doing about $120k. I asked them why they were selling and I was shocked to hear that they are retiring and their children don’t want to have nothing with the business. I believe there are a bunch of opportunities out there. People just have to apply themselves.
1-9 of 9
Dishawn Smith
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10points to level up
@dishawn-smith-2210
Digital Marketing Expert I Help Businesses Generate Leads & Sales VIA FB & IG Ads I Successfully Managed Over $2M/Monthly Adspend I DM Your Questions!

Active 2d ago
Joined May 24, 2024
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