The Profit In 10 Minutes: Detroit Denim | CNBC Prime

Birt 13 nóv 2020
"The Profit" episode "Detroit Denim" is now available to watch in just 10 minutes! Hear the Full Episode with The Profit Podcast: megaphone.link/CNBC4071064868
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About The Profit:
When Marcus Lemonis isn’t running his multi-billion dollar company, Camping World, he goes on the hunt for struggling businesses that are desperate for cash and ripe for a deal. In each one-hour episode of The Profit, Lemonis makes an offer that’s impossible to refuse; his cash for a piece of the business and a percentage of the profits. And once inside these companies, he’ll do almost anything to save the business and make himself a profit; even if it means firing the president, promoting the secretary or doing the work himself.
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The Profit In 10 Minutes: Detroit Denim | CNBC Prime

Ummæli

  • Wow! This was really cool to watch. Go Detroit Denim!

  • Saying you don't want to get into selling to women is like saying you don't want to get into being profitable

  • Wooooooooooooooooow joylavita.com

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  • She runs the business actually technically

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  • AIDS? Nobody has AIDS! I don’t wanna hear that word used in here again! Awesome show 👏🏼

  • So my fav story about jeans has to be this.... a guy decides he wants tonhavehis own denim brand..... he fails Then he tried again and FAILED again Thats 2 times folks And yes.. he went for it a 3 time He actually made it and he was the founder of true religion jeans!!!!!! Thats 1 in a million and trying 3 times is simply insane He sold the company for about 400 million

  • Who are the 2 that gave this a 👎, and why? For once I would like to see a video without that.

  • Wow. There is really bad energy in this company

  • nice one!

  • The guy owner sounds sexist

  • The big money is in gambling. You should make very large wagers on who will win the Presidential election with your Republican friends :-)

  • Congratulations on your business

  • Too early here for the comment that says, "I looked online, it's our of business."

  • How does Marcus value these businesses??? He does NOT follow any investment or accounting parameters!!!

    • @Mohit Dhanwani you're basically a genius. Anyone who goes for a cfa will atleast retire with 10 million

    • @Mohit Dhanwani Simplified, the primary purpose of listing companies is in a public stock exchange is price discovery. The share price rises & falls based of financial results & public sentiment amongst investors in the stock. Private Limited Companies are valued on Profit & loss statement & balance sheet! There's a reason the accounting, finance & investment disciplines exist!!!

    • @Naveed A. Shah That reasoning is hogwash. A business is not valued by start up capital rather current metrics such as profit & loss, balance sheet. Anyway, I guess this is investment made for TV!!!

    • @Naveed A. Shah Their are parameters for valuation but do they work? Take any major company stock be it Reliance, HDFC ,ITC etc and tell me which valuation method justifies their share value. Everything works on educated guess and what is the value that you perceive of it

    • In the video at 06:30 he explains his parameters

  • I Am a CPA but I don't want to be here......If your not a asset your a liability.....YOU'RE FIRED....

  • From the first 10% of the video you gotta wonder how they made it this far😀

  • I'm third

  • I'm second

  • Yes finally first!

    • @Mr Swa1nTra1n loll

    • @Kirk Bond lol, but im still first lol

    • @Mr Swa1nTra1n you don't count I was watching before I comnented

    • Yiiuuuuuu!

    • Third myself in comments!