Turn Down A Million Dollars Brehette

[Tres Leches]

If I sale $50 worth of my hats, but it cost me $10 to make those hats,

Sales = $50
Revenue = $40

Refuse to understand simple business brehs

You’re confusing revenue with profit or income breh

 

[CrimsonTider]

If I sale $50 worth of my hats, but it cost me $10 to make those hats,

Sales = $50
Revenue = $40

Refuse to understand simple business brehs

No

SALES REVENUE $50

COST OF GOODS SOLD $40

GROSS PROFIT $10

PROFIT MARIGN 20%

 

[MaxBundles]

Actually they were smart.

The biggest craze in food is impossible beef. It is plant-based beef. KFC just signed a deal with those creators. My grocery store advertised it in their paper. They are predicting that this is the future of "meat".

Hence why Mark offered her a mil plus 10% for the entire thing. He knows they will get more than 100 mil, especially since beef is doing so well.

This exactly. OP is a dumbass

 

[L68]

Difference Between Sales and Revenue (with Comparison Chart) - Key Differences

 

[CrimsonTider]

Difference Between Sales and Revenue (with Comparison Chart) - Key Differences

So this claims Revenue is the sum of all sales

the words are interchangeable

 

[ORDER_66]

I tried one of those beyond meat burgers and it WAS fukkING NASTY...

 

[Savvir]

If I sale $50 worth of my hats, but it cost me $10 to make those hats,

Sales = $50
Revenue = $40

Refuse to understand simple business brehs

revenue = gross
$50 in sales = $50 revenue
$40 is net

 

[chosenaledge13]

All y'all nikkas in here breaking down terms and criticizing her decision... Post ya links to your businesses and discuss your experience as an entrepreneur

 

[PikaDaDon]

bump

 

[Goombreh]

Sounds like she was getting lowballed.

 

[Ethnic Vagina Finder]

Sales and revenue is the same thing

Sales is a type of revenue. So technically speaking that's not 100% accurate. Your wording is off.

 

[CrimsonTider]

Sales is a type of revenue. So technically speaking that's not 100% accurate. Your wording is off.

What type of revenue is sales?

 

[killacal]

40 for a six piece

Of man made meat in a science lab

White people never cease to amaze me

 

[Ethnic Vagina Finder]

Cliffs:
- Black couple starts a fried chicken business called 'Atlas Monroe' (stupid name)
- Refuses to hire copackers to protect 'secret recipe'
- Cost them $2.67 to make 6 pieces of chicken but the costs to the consumer is $44 (chicken, packaging, shipping, etc.)
- Brehette doesn't know the difference between sales and revenue.
- Thinks that because she made 12k one day that she'll make 12 everyday (um it doesn't work like that)
- The chicken isn't real chicken. It's some plant-based sciency thing (didn't understand the details)
- In spite of the confusing presentation receives an offer of 1 million dollars plus 10% lifetime royalty

Website: ATLAS MONROE | Vegan Delivery Now Offering Nationwide Shipping!
Instagram: ATLAS MONROE (@atlas.monroe) • Instagram photos and videos
Followup: Why this plant-based meat company turned down a $1 million from Mark Cuban on 'Shark Tank'

(inb4 all the posts are on how attractive she is)

Honestly it's too early for them to sell. The fact they they were offered a buy out speaks to the level of potential growth.

But her valuation (as with most people who go on that show) was off. She made the right decision though.

 

[kj614]

Sales and revenue is the same thing

Revenue is what you made, sales is what you sold. Revenue is profit. Profit is total sales - expenses