LTT should expand

[Kamjam21xx]

They got enough money to personally buy very expensive things and then purchase stuff like a red camera and whatnot for the business. 

 

Should totally expand into online retail or something. Maybe i just have that business mindset. i always want to invest my money to make better things, whether it be better 3D motion vfx, video production, audio, concrete, carpentry, etc. I love making money.

[Kamjam21xx]

After thought... They could totally themselves have an online computer parts store. But then it would be hard to trust that they wouldnt be bias...

[Lathlaer]

Online retail is something completely different from what they do, why would they consider this "expansion"? If Linus wanted to sell stuff, he would be selling stuff, not leading an internet media company.

[Kamjam21xx]

Just now, Lathlaer said:

Online retail is something completely different from what they do, why would they consider this "expansion"? If Linus wanted to sell stuff, he would be selling stuff, not leading an internet media company.

No i just mean like anything, start a concrete company for all i care. It woyld be cool to watch him have buku bucks to do stuff.

[Guest]

You know Linus comes across as a "casual" business guy, but he's a very savvy and intelligent business man, as is the team with him. We'd all love to see LMG continue to grow and expand and who know's, Linus might very well have some kind of customer orientated business model in the works, even if it's just on paper. If you look at some of his projects, he's definitely displayed the characteristics of development, with all the crazy builds and things he does.

 

One thing about Linus though that separates him from all his counterparts in the YouTube scene, he is VERY diverse. He doesn't stick to on spectrum such as reviews, unboxing's, mods etc...he does it all, I think that Is why he is so popular, oh and he's a pretty cool guy too ;-).

 

So I would say taking into consideration all his videos, their context and content, Linus expands every single day the team uploads a new video. It's always something different. And in a way, he is generating revenue from his many ideas we see in the videos. Revenue from new sponsors, viewers, partnerships etc who see his YouTube content and want to invest in LMG.

 

[Kamjam21xx]

Diversifying is how you stay alive. I started off originally doing videography, but i had to learn a lot of other stuff, eventually came time that a client wanted me to 3D model for them for a straight month.

[Tcrumpen]

I remember Linus saying that he'd make a joke Crytocurrency of Linus Coin for Floatplane; was that a foreshadow of a crytobased side company  i wonder

[Princess Luna]

Yeah totally, give it a few years and they are NCIX number 2.... seriously why change a working model? Floatplane will end up making Linus rich he doesn't have to take his chances with different segments of the market.

[Kamjam21xx]

3 minutes ago, Princess Cadence said:

Yeah totally, give it a few years and they are NCIX number 2.... seriously why change a working model? Floatplane will end up making Linus rich he doesn't have to take his chances with different segments of the market.

I kindof wanna start my own channel now, i made how to videos for advanced vfx stuff. But when only 14 people on earth made use of them, i took them down xD. 

 

 

[TetraSky]

They can "buy" all that fancy stuff, because they have access to a bigger credit line due to being a business. It's not like they have a couple millions laying around that let them just waltz into a store and buy whatever they want.

[Syntaxvgm]

I don't think you grasp the cost of running a business like that. Millions not hundred of thousands.

[Zodiark1593]

I could see Linus starting up his own auction website to pawn off unnecessary electronics, though as far as an actual retail store goes, I don't think that's happening.

[AshleyAshes]

5 hours ago, Kamjam21xx said:

I love making money.

 

4 hours ago, Kamjam21xx said:

start a concrete company for all i care. It woyld be cool to watch him have buku bucks to do stuff.

I'm pretty sure that LMG is a business that is not about 'MAKE ALL THE DOLLARS ANYWAY ANYHOW!' and more 'Do the cool stuff we like and get paid doing it' kinda business.  In short, LMG isn't a business that exists to make money for the sake of making money, it exists to make LMG content because that's what they enjoy doing (But they def want to get PAID for doing what they enjoy).

 

Not everyone is in their career or business just to make more money, for many it's about doing what they do.  In my industry I like sitting behind a computer and making visual effects magic happen.  Know what I don't want to do?  Sit behind a desk and MANAGE other VFX artists even a management position because I couldn't actually enjoy it.

[Unhelpful]

5 hours ago, Kamjam21xx said:

Maybe i just have that business mindset.

Actually I suspect that you don't. Being ambitious and having a business mindset are two very different things. The online retail business is extremely difficult to break into. You need to offer something that is unique to lure in customers, and offer on-par service to the massive giants that exist today to keep them. They also don't have the warehouse space, or the capital for a hope at breaking into it.

[Eduard the weeb]

like while to use they have alot of stuff, compared to any decent retailer they have pretty much nothing also by doing something like this it makes it harder, if not impossible to work with brand like Amazon or Memory Express for example if to them there not promoters they are competition.

 

Also if they do invest everything they have, in the 95% percent chance it fails they pretty much have to start from scratch and its likely they wouldn't be able to do that. The farthest I see them right now going they could hire like 5+ people and assemble computer for people 

[Kamjam21xx]

42 minutes ago, JoeyDM said:

Actually I suspect that you don't. Being ambitious and having a business mindset are two very different things. The online retail business is extremely difficult to break into. You need to offer something that is unique to lure in customers, and offer on-par service to the massive giants that exist today to keep them. They also don't have the warehouse space, or the capital for a hope at breaking into it.

Maybe youre just unimaginative.

You can get into online retail for with a decent stock, account, DBA, and all that for under $200???

[AshleyAshes]

23 minutes ago, Kamjam21xx said:

Maybe youre just unimaginative.

You can get into online retail for with a decent stock, account, DBA, and all that for under $200???

...Wait... You think that with enough 'imagination' you can start an entire online PC store for $200...?

[Unhelpful]

25 minutes ago, Kamjam21xx said:

Maybe youre just unimaginative.

You can get into online retail for with a decent stock, account, DBA, and all that for under $200???

You sound like a kid. That's insanely naive.

[Kamjam21xx]

You can do online retail with $200 to start.... are you guys joking? Ive sat down with business owners selling $50,000 installations and ones selling tshirts and talked about how they do business and if my services make economic sense for them. 

 

Im just kindof dissapointed that you guys think that honestly... 

[Kamjam21xx]

1 hour ago, AshleyAshes said:

 

I'm pretty sure that LMG is a business that is not about 'MAKE ALL THE DOLLARS ANYWAY ANYHOW!' and more 'Do the cool stuff we like and get paid doing it' kinda business.  In short, LMG isn't a business that exists to make money for the sake of making money, it exists to make LMG content because that's what they enjoy doing (But they def want to get PAID for doing what they enjoy).

 

Not everyone is in their career or business just to make more money, for many it's about doing what they do.  In my industry I like sitting behind a computer and making visual effects magic happen.  Know what I don't want to do?  Sit behind a desk and MANAGE other VFX artists even a management position because I couldn't actually enjoy it.

Why cant they start an LLC with a seperate name? ... im not impressed with everyones lack of value in economic growth.

[AshleyAshes]

5 minutes ago, Kamjam21xx said:

Why cant they start an LLC with a seperate name? ... im not impressed with everyones lack of value in economic growth.

I feel like the part where I explained to you that not everyone is motivated by a single minded objective of 'more money' went right over your head...

[Guest]

4 hours ago, JoeyDM said:

You sound like a kid. That's insanely naive.

That's a very defeatest attitude. Look at Amazon, started by a man in a small office with just himself, a computer and knowledge of what people NEED. PayPal was the same, driven by customer needs.

 

So it's entirely possible to start an online retail business for afew hundred dollars. Alibaba has given many people a profitable business with only a small initial startup cost. Do research into products people want and need, buy them cheap and sell them on. Look at fidget spinners, classic example. Buy in bulk and sell cheap, skin care and health products are another example.

 

A young man in my country is making hundreds of thousands selling baby formular to Chinese customers, just regular off the shelf baby formular. He's running his business out of his home. Another guy is selling health detox teas etc, very small setup cost but is now earning him buckets of cash. 

 

People think TOO BIG. The majority of consumer products are small and cheap. So it's not naive at all, it's very possible and many people are doing it. Do research into what people want and need, buy a few hundred dollars worth of product, sell with a small mark up and away you go. The real key to making big bucks is MULTIPLE products, thus widening your consumer audience.

 

 

[RoyalGamer1]

you know they do a ton more then just make videos right? look on their website its lists what they all do. im pretty sure they are busy enough 

[Kamjam21xx]

Yeah theres people who support their families by selling one dollar trinkets.

 

You could go buy $100 in books, go to the court house and get your DBA for $100, and start programming. thats a $150,000 a year some places.

[AshleyAshes]

46 minutes ago, Kamjam21xx said:

Yeah theres people who support their families by selling one dollar trinkets.

 

You could go buy $100 in books, go to the court house and get your DBA for $100, and start programming. thats a $150,000 a year some places.

It's like you're literally not engaging in any actual conversation in this thread or meaningfully responding to any posts but instead just blurting out additional 'get rich' plans of yours.