Mistakes and Failures of a 7-Figure Pokemon Card Business Owner
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I own a 7-Figure Online Pokemon Card Business out of my Basement. My channel teaches you how to do the same. I also talk about typical Pokemon content and updates. Shop my site PokeNE.com
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CHAIRS:
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Пікірлер: 68
Shop Pokemon & One Piece: www.pokene.com Visit Us on KZread - @pokene_pokemon kzread.info/dron/msaaIoiGBvvt22HELiqlfA.html BUILD YOUR OWN ONLINE BUSINESS WEBSITE: Our website was build by me on WIX - a drag & drop website-builder. 🔥Click this Link to Build your own Wix Site - I get a commission bonus when you do!🔥 wixstats.com/?a=77910&oc=660&c=2782&s1=
Starting a business while you’re 24 and have two children is extremely challenging. I basically have no time to focus on the business and create growth. However I still push and have been selling singles on tcgplayer and making content related to Pokemon cards, eventually I plan to rip and ship as my next step in order to start building up some money and actually place some orders I can profit from
@Pokeqr
Ай бұрын
You’re better off than you think. Your youth is on your side. Every little bit helps. Keep going, you’ll get the snowball effect with your combined, consistent efforts.
@pokene_pokemon
29 күн бұрын
I agree with the comment below/ you’re further along than 99% of my viewers who want to start. keep it up
@pokene_pokemon
29 күн бұрын
Nailed it
Fascinating. I am trying to wrap my brain around needing to transfer $100k each week just to move products. You live an interesting life, my friend. Thank you for sharing your experiences. It is helpful. Even if I am in a different industry, I can still relate to making costly mistakes and needing to learn from them.
Admitting mistakes and losses takes a lot. Good job, as always, with transparency.
@pokene_pokemon
29 күн бұрын
I try! Thanks for watching 🙏🏻
Appreciate the info. will be tuning in.
Great video Brian! As someone who’s been following you since the ghetto website days, it’s amazing seeing how much you’ve grown as a person, as you’ve grown this business (and your biceps 👀) Much respect brother 💪
Very informative! Watching these while sorting out bulk and going to take selling it a lot more seriously now, so this contents been extremely helpful! Going to keep at it and we'll see where this goes in the future
Thankfully the boxes came down in the meantime. Makes this side of it a lot easier. Mistakes will happen and what matters most is the response to the mistakes. Nice to hear them broken down and reflected on instead of buried or ignored for sure.
Good stuff as always. You're single-handedly instilling the confidence to just start the business for hundreds of people who've been thinking about it for a year or more.
I watch all your videos now that I found your channel and I appreciate all the great information you shared. Thank you!
@pokene_pokemon
29 күн бұрын
Well thanks so much for watching - appreciate it 🙏🏻
Great vid man, great insights!
@pokene_pokemon
29 күн бұрын
Appreciate it 🙏🏻
Not being liquid has bitten us in the ass already, so definitely a lesson learned and seems to be common early on lol. Thank you for sharing your other lessons!
Decided to subscribe today. I honestly didn't connect with the channel in the beginning but I always valued your thoughts on the various market situations. It seems like you've found a better connection with the audience in the past few weeks; maybe since the Japanese 151 preorder stuff? Anyway, I appreciate what I've learned from you over the months and I hope to put these tips into action myself one day.
@pokene_pokemon
29 күн бұрын
I’m always trying to pivot and evolve to make myself the most helpful/ glad to earn your subscription- thx 🙏🏻
Thanks for the tips
@pokene_pokemon
29 күн бұрын
You bet!
Thank you
I saw you on VICE, didn't know you had a channel. But i will take a look on your videos.
NGL...the fact that you have millions in pokemon in your basement, for the world to see and made yourself and easy target with that car wrap....dont care how many cameras you have man. You're a brave soul. I would have all of my inventory offsite completely secure. That's like having cash in your basement.
@pokene_pokemon
29 күн бұрын
I have good insurance- honestly someone come rob me so I can cash in- half this stuff is sitting dead 😂
im starting a buisness as we speak through shopify so whats the best route for me?
I usually only buy from Amazon because I'm international. But I found your site through KZread and took the plunge. I figured I'd get my order and so said so done. Dealing with low reputation sellers online is scary as well, worse as a foreigner because I dont have much recourse if something goes wrong.
@pokene_pokemon
29 күн бұрын
Yea it’s a scary industry as far as trust goes/ tons of fraud
@MrWhitmen1981
29 күн бұрын
@@pokene_pokemondo you sell to Australia? It’s so hard to get 151 English in Australia, without being extorted.
Awesome tips man ! Love your content. What percentage of your business would you recommend to keep liquid? I’m a very new tcgplayer seller and content creator (instagram mainly) but I would like to buy and hold sealed product too.
@pokene_pokemon
29 күн бұрын
I don’t really measure on percentage at this point because of how large my inventory is and how much it transfers year to year. I think $1000 at any given time is plenty in the beginning stages
@TheCardChef
29 күн бұрын
@@pokene_pokemonI really appreciate the response! This was my thinking as well. Back to the grind💪
I’m averaging 2 Pokémon cards sold a day I’m happy just keep grinding!
@pokene_pokemon
29 күн бұрын
Keep it up 🔥🔥🔥
Don’t change it, but your personality… it’s great.
@pokene_pokemon
29 күн бұрын
Haha glad someone thinks so 😂
Great insights! Btw, has he ever covered how to get a Japanese distributor?
@pokene_pokemon
29 күн бұрын
Made a few videos on the topic in the playlist- need to make a more indepth one next week
@Hbrixx
29 күн бұрын
@@pokene_pokemon cool thanks! I remember when you first started making vids on the subject but you put out so much good content since that it got lost in the weeds for me and knew I likely missed it. Looking forward to it!
holy shit this guys bicep fucking jacked
Hey man, first of all I want to say congratulations on the news that you are going to be a "girl-daddy", extremely happy for you. Secondly, your content is liquid gold. Thankful that you are spreading your business wisdom with everyone! Amazing tips. Thirdly, Have you ever been to a collect-a-con before?
@pokene_pokemon
29 күн бұрын
Hey I really appreciate it - making the content is super fun. And yea I’ve been to a bunch of! Going to KC next week
You would not use ACH trasnfer via Wise? I use it and there's no transfer fee since it's not a wire.
@pokene_pokemon
29 күн бұрын
I used to do that but for some reason my goofy ass local Nebraska bank doesn’t connect with ach - it’s a small biz- really annoying
I think even with your mistakes you've done a very good job mitigating them.
@pokene_pokemon
29 күн бұрын
Hey i appreciate that 🙏🏻
🙏 my goat
Does wise offer buyer protections? have you been scamming before via wise and got your money back?
@pokene_pokemon
29 күн бұрын
NOPE it’s allll on you
Caught my first credit card scammer the other day. Honestly wouldn’t have caught it without you sharing your previous experiences in past videos
@pokene_pokemon
29 күн бұрын
Damn that’s awesome to hear! They can all go straight to hell
where did the videos about making a pokemon store go? that died real quick
@pokene_pokemon
29 күн бұрын
I realized I was stupid for thinking I could run 2 businesses at the same time - especially now that I have my first kid on the way. I’ll try and make up for it with more good, generalized content
@Evo_Me
29 күн бұрын
@@pokene_pokemon all good i was just wondering is all. Thanks for the content!
the tai lopez of pokemon cards lolololololol
Nice video! You've made a subscriber out of me :)
I'd be too embarrased to email and say I forgot to add something so I take the L and pay shipping again lmfao
@pokene_pokemon
Ай бұрын
😂 my email inbox is a safe place
Can you explain how you actually make money with a distributor that forces junk product on you? In your example you had to buy 5k of junk just to get more of brilliant stars.. does your profit margin change that much on popular products? Just to “break even” on that set you’d have to sell 50k on a 10% profit or 25k for 20% profit. Are you really selling 100k+ of sets that come out? Margins just seem so low on these cards to be forced to sit on stuff that won’t sell
@pokene_pokemon
Ай бұрын
In the early days, my goal was to simply break even. You only “should” take those bundles to build your account up… once you start spending some good $$$ with a distro, they stop with the BS and only give you stuff you’ll profit on. It’s a long game
7-Figure Business with warehouse in basement with family employee. Yeah sure mate. Nice one.
@garagebreaks
Ай бұрын
What’s your understanding of the term ‘7 figure’?
@ToGoBox69
Ай бұрын
lol is there something you don’t understand??
@The_Owl10
Ай бұрын
He’s just hating lol
@pokene_pokemon
Ай бұрын
I see you’ve watched other videos, which tells me you’re not new to the channel. So imma guess you don’t understand what gross revenue is. It’s okay, you’ll get there one day
@kedjfj798
Ай бұрын
not saying hes not making good money but really a 7 figure business could really mean u only make about 50k a year XD in profit (hes prob making lot more than that but u get the point)