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Aug 2, 2020
08/20
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lemonis: you need to cut the... my name is marcus lemonis. and i risk my own money to save struggling businesses. we're not gonna wake up every morning wondering if we have a job. we're gonna wake up every morning wondering how many jobs we have to do. it's not always pretty. everything's gonna change. everything. but i do it to save jobs, and i do it to make money. this... let's go to work. ...is "the profit." ♪ in 2008, california native max kater founded murchison-hume, a maker of nontoxic cleaning products. max: this is an all-purpose plant-based cleaner. lemonis: a former fashion editor, max was living in australia when her son became allergic to ordinary cleaning products. max: i just needed something that i could clean the house with that looked good, that smelled great, that i could trust. lemonis: she saw the need for products without harsh chemicals. murchison-hume was born. max: can you send me the new images that i did? taylor: yeah, that you shot over the weekend? max: yeah. lemonis: the business grew fast. and as revenue approac
lemonis: you need to cut the... my name is marcus lemonis. and i risk my own money to save struggling businesses. we're not gonna wake up every morning wondering if we have a job. we're gonna wake up every morning wondering how many jobs we have to do. it's not always pretty. everything's gonna change. everything. but i do it to save jobs, and i do it to make money. this... let's go to work. ...is "the profit." ♪ in 2008, california native max kater founded murchison-hume, a maker...
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Aug 23, 2020
08/20
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lemonis: okay. steve: all right. lemonis: can i get a tour? steve: let's do it. lemonis: awesome.ve: so, this is our roastery. this is where we roast it all. we're roasting fresh every day. and this is jared. jared: hey, i'm jared. lemonis: jared, i'm marcus. nice to meet you. steve: he's our head roastmaster. lemonis: so, can you walk me through the whole process, how it works? jared: absolutely. lemonis: okay. jared: so, this is green coffee. we start with the green, raw coffee. each batch is weighed precisely for consistency, and then you throw it into the hopper of the roaster. it roasts for about 13 minutes. lemonis: so, do you do all the roasting for the entire company here, or is it just for this shop? jared: everything for the entire company is on this roaster. lemonis: so, if you grew your wholesale accounts, how would you fulfill that demand? ronnie: we're almost maxing this thing out. so, we're like -- we're like right at the breaking point. lemonis: oftentimes, i go into businesses, and they have capacity, but they don't have the product. that is not their problem here
lemonis: okay. steve: all right. lemonis: can i get a tour? steve: let's do it. lemonis: awesome.ve: so, this is our roastery. this is where we roast it all. we're roasting fresh every day. and this is jared. jared: hey, i'm jared. lemonis: jared, i'm marcus. nice to meet you. steve: he's our head roastmaster. lemonis: so, can you walk me through the whole process, how it works? jared: absolutely. lemonis: okay. jared: so, this is green coffee. we start with the green, raw coffee. each batch is...
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Aug 23, 2020
08/20
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-lemonis: no.shouldn't be embarrassing, because the reason that it exists is because of the sacrifice you've made to be an entrepreneur. i would say it's the opposite of embarrassing. i would say i'm impressed. and that's why i'm sitting here today. now, let's talk about business. you have a good idea. there's a need for the product. this business could use it. so i know it fills a void. and the people around you are loyal. so i'm willing to make an investment in the business. i'm willing to put up $200,000. that'll go towards providing a wage of each of you making $1,000 a week, a reasonable amount of working capital to ensure that raw materials can exist and inventory can be made. and i'll give you all the resources you would possibly need. but it's a big risk for me. so i'd like to own 50%. and i want the two of you to share 50%. brad: so each of us would have 25%. lemonis: it's not for me to decide. you guys work it out between the two of you. brad: to give up more than 50%, because really that
-lemonis: no.shouldn't be embarrassing, because the reason that it exists is because of the sacrifice you've made to be an entrepreneur. i would say it's the opposite of embarrassing. i would say i'm impressed. and that's why i'm sitting here today. now, let's talk about business. you have a good idea. there's a need for the product. this business could use it. so i know it fills a void. and the people around you are loyal. so i'm willing to make an investment in the business. i'm willing to...
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Aug 30, 2020
08/20
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lemonis: wow.built for you -- you're the one that taught everybody everything -- i would like you to be the one to turn the sign. -george: okay. -lemonis: okay, are you ready? george: i'm ready. ♪ [ bells jingle ] -zoe: hello. welcome. -lemonis: go around. you can sample anything you want. welcome. this is zoe. zoe: hi. very nice to meet you. pantelis: we have a hazelnut for you. it's hazelnut with roasted hazelnuts on top. you like that? good, good. lemonis: there are tons of people coming through the doors, and for me, this is the start of something really big and new. petros did an amazing job with the new flavors. zoe did an amazing job getting the store set up. and pantelis put in a great process. how were the pretzels? were the pretzels good? -woman: amazing! -man: potato chips were better. lemonis: potato chips were better? and the pretzels were? -woman: oh, awesome. -lemonis: pretzels were good. -zoe: awesome. pantelis: we'd like to take a quick second to say thank you to you, big guy. -pan
lemonis: wow.built for you -- you're the one that taught everybody everything -- i would like you to be the one to turn the sign. -george: okay. -lemonis: okay, are you ready? george: i'm ready. ♪ [ bells jingle ] -zoe: hello. welcome. -lemonis: go around. you can sample anything you want. welcome. this is zoe. zoe: hi. very nice to meet you. pantelis: we have a hazelnut for you. it's hazelnut with roasted hazelnuts on top. you like that? good, good. lemonis: there are tons of people coming...
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Aug 19, 2020
08/20
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lemonis: yeah. paul: it's a lie. lemonis: okay.letter from the bank of him authorizing me to close that account. lemonis: do you have that letter? paul: i do. the day before he resigned, and i have some e-mail backups, too. what he presented to you a couple of days ago i knew was wrong. lemonis: hello. so, mike, you know, paul came by and brought me a bunch of files and a bunch of paper. paul: and what you brought a couple of days ago was not true. i didn't have the proof. you do this to me time and time again. mike: well again, you've got documents there. i've got e-mails. let's take a break. lemonis: no. mike: i've got e-mails. lemonis: just deal with this issue, please. well, i'm just saying. all i can tell you, paul, all i can tell you -- paul: first, it's not the financial stuff. you brought that up again on monday. that's a lie. mike: paul, i'm not gonna go back 6 months and try to remember... there was so much that's happened. i don't know. lemonis: he did not defend himself, as usual. he's bringing this letter to the table
lemonis: yeah. paul: it's a lie. lemonis: okay.letter from the bank of him authorizing me to close that account. lemonis: do you have that letter? paul: i do. the day before he resigned, and i have some e-mail backups, too. what he presented to you a couple of days ago i knew was wrong. lemonis: hello. so, mike, you know, paul came by and brought me a bunch of files and a bunch of paper. paul: and what you brought a couple of days ago was not true. i didn't have the proof. you do this to me...
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Aug 23, 2020
08/20
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lemonis: ever? tony: nope. lemonis: okay.y business that i invest in, for the owner to be there, so that he could protect my investment and his investment. i don't invest in businesses, i invest in people who operate businesses. and if he wants to be an absentee owner, then he's got the wrong guy. tony: hey, folks, how are you? woman: hi. tony: what can i get for you guys tonight? woman: can i get a milkshake, please? tony: milkshake. sure. woman: a mango milkshake. tony: mango? sure. absolutely. lemonis: how long does it take to make a milkshake? tony: five minutes. lemonis: five minutes?! lemonis: anything for you, sir? man: mango popsicle. lemonis: okay, do you want it dipped in chocolate? man: sure, yeah. woman: thank you. woman: hazelnut ice cream in milk chocolate. lemonis: you said "milk"? so it's gelato on monday, karate on fridays. what can i get ya? woman: i want the chocolate with the white chocolate. lemonis: thank you for your business. man: may i have a vanilla bean, shredded coconut? lemonis: thank you. good se
lemonis: ever? tony: nope. lemonis: okay.y business that i invest in, for the owner to be there, so that he could protect my investment and his investment. i don't invest in businesses, i invest in people who operate businesses. and if he wants to be an absentee owner, then he's got the wrong guy. tony: hey, folks, how are you? woman: hi. tony: what can i get for you guys tonight? woman: can i get a milkshake, please? tony: milkshake. sure. woman: a mango milkshake. tony: mango? sure....
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Aug 5, 2020
08/20
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lemonis: hi. lulu: how are you? lemonis: good.manufacturing issue, i'm not sure what the next step is because there's the show coming and production that needs to happen. i thought it would be good just to sit down and work it out. i know that there was... i don't know how you say it in french, drama. florence: not really drama. frank: drama? lulu: well, you were incredibly mad that day, and i get it. and i was also really... florence: i don't think you get it. i just wanted you to be understanding, which you were not. lemonis: what got relayed from her to me was, it doesn't matter how many we make. the price is gonna be the same no matter what. i was like, "how could it be the same?" florence: you know, we are handmade, one piece by one piece. lemonis: but if it only works for her, you're not gonna do it. florence: yep. lemonis: if it only works for you, she's not gonna do it. and if it doesn't work for the customer, nobody is gonna do it. florence: i don't want to work for nothing. ♪ lulu: we're kind of playing around with diffe
lemonis: hi. lulu: how are you? lemonis: good.manufacturing issue, i'm not sure what the next step is because there's the show coming and production that needs to happen. i thought it would be good just to sit down and work it out. i know that there was... i don't know how you say it in french, drama. florence: not really drama. frank: drama? lulu: well, you were incredibly mad that day, and i get it. and i was also really... florence: i don't think you get it. i just wanted you to be...
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Aug 12, 2020
08/20
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lemonis: yeah.u know... she was the best. she was great. we had the greatest life you could imagine. lemonis: how long were you married? jimmy: 19 years. we had everything. we had two beautiful kids. [voice breaking] you know, we had a good marriage. and...it was very hard. her father got ill, and she was gonna visit him at the hospital. so she didn't go to work, and she had important meetings that she was gonna be missing. she said, "i'm gonna run across to the world trade center and check on the people that were supposed to be at the meeting, and then i'll come back to the hospital." so she went there for a few minutes, and that's what happened. ♪ so, what little compensation i got for them, i gave it to them because they lost their mother. ♪ i'm sorry. lemonis: don't be sorry. jimmy: and that's why i felt he could do business 'cause he had some money from that, and i said, "go ahead." lemonis: and so the money that you bought the business with was part of the money that came from your mom's passi
lemonis: yeah.u know... she was the best. she was great. we had the greatest life you could imagine. lemonis: how long were you married? jimmy: 19 years. we had everything. we had two beautiful kids. [voice breaking] you know, we had a good marriage. and...it was very hard. her father got ill, and she was gonna visit him at the hospital. so she didn't go to work, and she had important meetings that she was gonna be missing. she said, "i'm gonna run across to the world trade center and...
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Aug 9, 2020
08/20
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lemonis: stay away from it. roger: yeah. lemonis: or you get cut.ou get screamed at, you know. lemonis: when he's here. roger: when he's here. lemonis: is that a big issue for some of the employees, honestly? roger: we actually quite like it when he's not here, to be perfectly honest. lemonis: you do? roger: yeah. 'cause howie can come in and say, "i don't want that there," you know, "get rid of it." lemonis: you do it and you spend all day on it, and the you turn around and it's... roger: that is so soul-destroying. ♪ lemonis: could you grab all of your financial data? and i'd like to sit down and go over it all with you. howard: okay. all right. lemonis: all right? you want to go ahead and grab it? howard: yeah, yeah. lemonis: all right, great. ♪ let's start with the profit and loss statement. howard: so january through december 2015. lemonis: total revenue -- $3,136,00. the cost of goods is $1,381,000. gross profit -- $1,755,000. total expenses -- $1,876,000. leaving you with a loss of $121,000 last year. the two single biggest expenses are the p
lemonis: stay away from it. roger: yeah. lemonis: or you get cut.ou get screamed at, you know. lemonis: when he's here. roger: when he's here. lemonis: is that a big issue for some of the employees, honestly? roger: we actually quite like it when he's not here, to be perfectly honest. lemonis: you do? roger: yeah. 'cause howie can come in and say, "i don't want that there," you know, "get rid of it." lemonis: you do it and you spend all day on it, and the you turn around and...
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Aug 16, 2020
08/20
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-lemonis: sell something. ♪ lemonis: tonight on "the profit"...'ve pretty much established that this whole thing sucks. at an iconic snowboard-and-skate shop in chicago... chris: in the summertime we do skateboards, stand-up paddleboards. lemonis: ...the owners are headed a nasty collision. this business looks like it's on life support. chris: i think things kind of fell apart pretty quickly up here. lemonis: their new location loses money hand over fist. there's nobody here. it's empty. their original location suffers from low margins and the wrong inventory. salena: it's about creating a reputation. lemonis: this business doesn't have a good reputation. did you know that? and now, their partnership is spinning out of control with two of the owners sidelining the third. chris: it felt like we financed your pregnancy with my money and our time. lemonis: if i can't help them fix their process and their relationship... you guys picked this location. chris: yeah. lemonis: you guys did it. ...this board shop will have to board up its doors. my name is
-lemonis: sell something. ♪ lemonis: tonight on "the profit"...'ve pretty much established that this whole thing sucks. at an iconic snowboard-and-skate shop in chicago... chris: in the summertime we do skateboards, stand-up paddleboards. lemonis: ...the owners are headed a nasty collision. this business looks like it's on life support. chris: i think things kind of fell apart pretty quickly up here. lemonis: their new location loses money hand over fist. there's nobody here. it's...
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Aug 2, 2020
08/20
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lemonis: okay. jeff: i didn't get to do a lot of stuff that i wish i had while he was growing up. just wasn't around. lemonis: where were you? jeff: messing around, trying to figure out my life. i didn't get to watch him play t-ball, softball, soccer. taylor: i mean, it is weird. we started kind of going fishing when i was about 18. we're trying to learn each other. this has allowed us to build a relationship. jeff: you know, i wanted to bring my son on board not only to teach him -- lemonis: so you guys started this business together? jeff: well, i started it in 2012. lemonis: so, when did you come on board? taylor: the summer of '13, i left school. lemonis: you left college to start a tea business with your dad? where'd you go to college? taylor: university of texas in austin. lemonis: why did you think it was a good idea to leave college? taylor: because he asked me to. lemonis: that's why you left? taylor: i mean, that was the start, but then ultimately, i saw opportunity. lemonis: so, how far a
lemonis: okay. jeff: i didn't get to do a lot of stuff that i wish i had while he was growing up. just wasn't around. lemonis: where were you? jeff: messing around, trying to figure out my life. i didn't get to watch him play t-ball, softball, soccer. taylor: i mean, it is weird. we started kind of going fishing when i was about 18. we're trying to learn each other. this has allowed us to build a relationship. jeff: you know, i wanted to bring my son on board not only to teach him -- lemonis:...
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Aug 12, 2020
08/20
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lemonis: really? rachel: yeah. lemonis: how old was he?s 47 and just dropped dead, so... he was a great dad, and it was a real, real rocky, crazy -- lemonis: how did he end up passing? i mean, what -- rachel: we think it was a heart attack. i had a call on the freeway that -- "pull over. i have something to tell you." i think that first year, i was in a blur. i have two kids. they had to start school in a week. just had to go. lemonis: you just have to go into survival mode, right? "i have to take care of my kids, and i have to, like --" rachel: it's just wild. lemonis: i'm really sorry, by the way. rachel: yeah, thank you. lemonis: i really respect rachel and the fact that she lost her husband, she's raising kids, and she's running a business, and it shows me that she's willing to do whatever it takes. and for me, that's enough to actually dig in. ♪ so, the balance sheet's pretty interesting. when you go to the revenue -- 2016, $230,000. but then you go to cogs... rachel: right, it's a lot. lemonis: ...and $484,000 means it was costing yo
lemonis: really? rachel: yeah. lemonis: how old was he?s 47 and just dropped dead, so... he was a great dad, and it was a real, real rocky, crazy -- lemonis: how did he end up passing? i mean, what -- rachel: we think it was a heart attack. i had a call on the freeway that -- "pull over. i have something to tell you." i think that first year, i was in a blur. i have two kids. they had to start school in a week. just had to go. lemonis: you just have to go into survival mode, right?...
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Aug 16, 2020
08/20
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lemonis: okay.ust wanted to clarify that. it doesn't say, "swim by charlie handy." chuck: no. lemonis: do you have a business card? charlie: yes. lemonis: vice president, that's you. and then... mary ellen: fit, tech production, and sometimes sales at the trade shows. -lemonis: how about yourself? -mary lou: i'm a teacher. -lemonis: okay. -mary lou: full-time teacher. lemonis: this is a side job. mary lou: this is nights. lemonis: and so how did you get into the swim business? -chuck: great question. -mary lou: chuck got a job with another company to do their sale. they wanted to expand to their swimwear. he was there 20 years. he made a lot of money doing really well in sales, so he came up with a concept that's a swimwear with a matching cover-up. and they didn't want that, so he's always had this dream to have his own company with his children working with him. i'm overweight, and i always used to lament, "there's not fashion suits for larger women." chuck recognized that, so he said, "let's focu
lemonis: okay.ust wanted to clarify that. it doesn't say, "swim by charlie handy." chuck: no. lemonis: do you have a business card? charlie: yes. lemonis: vice president, that's you. and then... mary ellen: fit, tech production, and sometimes sales at the trade shows. -lemonis: how about yourself? -mary lou: i'm a teacher. -lemonis: okay. -mary lou: full-time teacher. lemonis: this is a side job. mary lou: this is nights. lemonis: and so how did you get into the swim business? -chuck:...
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Aug 19, 2020
08/20
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lemonis: damn. chris: yeah. lemonis: that's a lot.little odd to me that they have no working capital to buy boards, but when i look around this giant showroom, there is merchandise everywhere. so, did they buy the wrong stuff? i'm gonna walk around this store and kind of study it some more. jess: okay. cool. go for it. salena: salena. lemonis: salena. what do you guys do here? salena: i do everything from sales associate, retail -- this is my passion, so -- lemonis: it is? salena: yeah. ♪ lemonis: i'm marcus. cody: hey, marcus. how you doing, man? lemonis: nice to meet you. what is your name? cody: cody. lemonis: nice to meet you. you run this basement? cody: yeah. what i do is -- we do the shipping down here. lemonis: are these online shipping orders you're sending out? cody: yeah. lemonis: how long have you worked here? cody: six going on seven? lemonis: do you love it? cody: i did. everybody has to do so much that there is no fun time. but i miss that part and the three p's, i guess -- the fun part. i've looked into your personal b
lemonis: damn. chris: yeah. lemonis: that's a lot.little odd to me that they have no working capital to buy boards, but when i look around this giant showroom, there is merchandise everywhere. so, did they buy the wrong stuff? i'm gonna walk around this store and kind of study it some more. jess: okay. cool. go for it. salena: salena. lemonis: salena. what do you guys do here? salena: i do everything from sales associate, retail -- this is my passion, so -- lemonis: it is? salena: yeah. ♪...
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Aug 5, 2020
08/20
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lemonis: $5. $10 or $11, i think that the perceived value difference between plain one and this, it's got to be $15 or $20. flex's watches used to cost them $5 to make, and they would sell them for $35. licensing printed village designs will cost as additional $5, bringing the total to $10. but it will also boost the perceived value of the watch, allowing us to raise the price of the watch by as much as $20. so that $5 investment will end up yielding the company an additional $15 in gross profit. trevor: all right. like this. i like that it's different. i think the skull thing is kind of fun. brad: i don't think skulls and the edginess and the darkness -- i-i'm not a fan of it. just don't like the skulls. travis: it's a "no" for me. brad: no. trevor: i still like it. brad: how does that have to do anything with who we are? trevor: well, people love halloween, though. i could argue that this is a fun thing to launch in october. travis: in october. you lost your mom to breast cancer, so i don't thin
lemonis: $5. $10 or $11, i think that the perceived value difference between plain one and this, it's got to be $15 or $20. flex's watches used to cost them $5 to make, and they would sell them for $35. licensing printed village designs will cost as additional $5, bringing the total to $10. but it will also boost the perceived value of the watch, allowing us to raise the price of the watch by as much as $20. so that $5 investment will end up yielding the company an additional $15 in gross...
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Aug 9, 2020
08/20
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lemonis: i'm marcus. nice to meet you. adelo: mr. lemonis, i mean. lemonis: no, marcus.delo: oh, marcus, okay. lemonis: nice meeting you, adelo. adelo: nice meeting you. lemonis: this is a big place. adelo: it is. lemonis: what's all the wood for? adelo: we actually cook carne asada ribs and chicken. this is the wood oven. lemonis: oh, so you literally do it like a straight-up campfire. adelo: yeah. and this is it. this is our kitchen. i have this passion to cook. and i've been in the cooking business since i was 14 years old. i love it. you know, we're -- we're not the tex-mex kind of place. lemonis: yeah. adelo: we're more authentic. and we want to keep it that way. lemonis: yeah. adelo: the articles always talk about how authentic it is. this. this is when we first opened. lemonis: where did you get the money to open this? adelo: i worked 3 years. lemonis: saved up money. adelo: and saved all that money. i used to sleep for 4 hours. i had my route at 18, my produce route. lemonis: so you were delivery. adelo: yes. then i also had a full-time job as a deli clerk from 6
lemonis: i'm marcus. nice to meet you. adelo: mr. lemonis, i mean. lemonis: no, marcus.delo: oh, marcus, okay. lemonis: nice meeting you, adelo. adelo: nice meeting you. lemonis: this is a big place. adelo: it is. lemonis: what's all the wood for? adelo: we actually cook carne asada ribs and chicken. this is the wood oven. lemonis: oh, so you literally do it like a straight-up campfire. adelo: yeah. and this is it. this is our kitchen. i have this passion to cook. and i've been in the cooking...
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Aug 9, 2020
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lemonis: okay. anna: marcus, this is susana. lemonis: oh, hi, susana. susana: hi. lemonis: marcus. susana: hi, marcus. nice to meet you. lemonis: how are you? nice to meet you. susana: yeah. lemonis: don't be nervous. you guys manufacture your own stuff? anna: yes. susana: yes. anna: we manufacture in our new jersey factory. sue is responsible for design, and i'm responsible for all operations and sales. lemonis: so you handle production and sales? anna: yes. i'm very capable. lemonis: that's interesting. susana: the front stuff is too emotional for me. anna: sue is the creative engine of the company. susana: yeah. anna: so we don't want to expose her to all the -- you know, all the unpleasant stuff. susana: i don't like to be in the front of things. lemonis: okay. susana: i like to be in my world working. lemonis: you're the artist. susana: yes. i just... anna: she's very -- takes everything very close to heart. and, you know, in operations, every day there is a problem. there is -- i mean, every second there is a problem. not every day -- every five minutes. lemonis: right away i
lemonis: okay. anna: marcus, this is susana. lemonis: oh, hi, susana. susana: hi. lemonis: marcus. susana: hi, marcus. nice to meet you. lemonis: how are you? nice to meet you. susana: yeah. lemonis: don't be nervous. you guys manufacture your own stuff? anna: yes. susana: yes. anna: we manufacture in our new jersey factory. sue is responsible for design, and i'm responsible for all operations and sales. lemonis: so you handle production and sales? anna: yes. i'm very capable. lemonis: that's...
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Aug 2, 2020
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lemonis: great job. lemonis: hello, guys. steve: hey. ana: hey. good morning. lemonis: how are you? after seeing the presentations that both steve and ana put on for sam for the simple greek, it's clear to me that each of them have their strengths and their weaknesses. so i wanted to sit down with them and discuss how we're going to handle design going forward. you know, ana, initially, when i first came to you, it was a pretty simple idea. invest in pacific, have it be part of grafton, and go on down its merry way. but things, i think, have taken a different turn for me, especially after seeing the simple greek pitch. ana really opened my eyes. your presentation was what i'm always looking for in business leaders. what sam felt and what i felt is that you had one goal in mind, and that was to make that business successful and add value in any way that you could. so, ana, the way i'd like to be have it structured going forward is pacific and grafton will be one company. you'll be in charge of design for that whole business, and steve will be in charge of the manufacturing and the sa
lemonis: great job. lemonis: hello, guys. steve: hey. ana: hey. good morning. lemonis: how are you? after seeing the presentations that both steve and ana put on for sam for the simple greek, it's clear to me that each of them have their strengths and their weaknesses. so i wanted to sit down with them and discuss how we're going to handle design going forward. you know, ana, initially, when i first came to you, it was a pretty simple idea. invest in pacific, have it be part of grafton, and go...
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Aug 16, 2020
08/20
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lemonis: okay. thank you. jess: thank you, marcus. ♪ ♪ tonight on "the profit"... oh, my gosh! look at that hair. at a family-run hair-care business in north carolina... you have a business that does a $1.5 million a year. ...the profits are going right down the drain. ramona: we almost lost everything. lemonis: one of the owners won't stop pursuing expensive side projects. michael: we have corporate events, weddings. we did a television station. lemonis: ...leaving his wife and partner at wits' end... ramona: i have to cross every "t," dot every "i." lemonis: you mean do the work. ramona: yes. lemonis: ...and his daughter questioning her role in the company. taylore: it's tough when you have all these ideas, but you get this war in order to implement them. michael: you can't throw these away. lemonis: if i can't find a way to get him focused... michael: shake it! lemonis: ...and help his daughter come into her own... i know you're capable of more. ...this great family success story may not continue
lemonis: okay. thank you. jess: thank you, marcus. ♪ ♪ tonight on "the profit"... oh, my gosh! look at that hair. at a family-run hair-care business in north carolina... you have a business that does a $1.5 million a year. ...the profits are going right down the drain. ramona: we almost lost everything. lemonis: one of the owners won't stop pursuing expensive side projects. michael: we have corporate events, weddings. we did a television station. lemonis: ...leaving his wife and...
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Aug 5, 2020
08/20
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lemonis: yes or no. matthew: yes. lemonis: okay.me a piece of [ bleep ], so, it's not that i'm trying to extract or exploit. i'm trying to protect myself. i have to buy some schmuck insurance. i don't know if i trust your presentation of the reality. matthew: what can i do? lemonis: just don't exaggerate. that's all. matthew: all right. lemonis: you know the business. you are super talented, but you scare me. matthew: fair enough. lemonis: would you like me to wire you 150,000 tomorrow? do you have your wire instructions? skyler: yeah. i'll print it out. lemonis: that's gonna pay the vendors. charlotte: we really all appreciate that. lemonis: okay. charlotte: thank you. lemonis: okay, guys. i'll see you soon. ♪ well, hey, guys. aimee: hi, i'm aimee. nice to meet you. lemonis: i brought the team to jd customs -- it's a company i invested in a year ago -- to build the display that would be specific and unique for t-mobile. aimee: so, we wanted to come up with something a little bit different. charlotte: i really like the pink outline.
lemonis: yes or no. matthew: yes. lemonis: okay.me a piece of [ bleep ], so, it's not that i'm trying to extract or exploit. i'm trying to protect myself. i have to buy some schmuck insurance. i don't know if i trust your presentation of the reality. matthew: what can i do? lemonis: just don't exaggerate. that's all. matthew: all right. lemonis: you know the business. you are super talented, but you scare me. matthew: fair enough. lemonis: would you like me to wire you 150,000 tomorrow? do you...
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Aug 19, 2020
08/20
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-lemonis: great husband? -laurie: yes. -lemonis: great father? -laurie: yes. -lemonis: good boss?initely. ♪ -lemonis: nice to see you. -laurie: hi. good to see you. -corey: what's up, boss? lemonis: my man, what's happening? -corey: good to see you, man. -lemonis: good seeing you. what is this chain you're wearing? corey: it's a whole solid gold bagel with diamonds for the salt. lemonis: where'd you get that? corey: laurie got it for me 25 years ago. lemonis: that's how long you've been in the business? corey: probably longer than that. laurie: you've been in the business since the day you were born. come on. it's in your blood. -corey: probably. lemonis: you're a bagel man through and through. corey: that's where it started. originally, the stores were corey's bagels. laurie: which i like better than nyc, but that's okay. corey: but i'm gonna come back to that, okay? corey's bagels for years and years and years. when we came here, it was new york bagel deli, which i'd purchased from a friend of mine. the name came with it. lemonis: you bought one location. -corey: i bought one lo
-lemonis: great husband? -laurie: yes. -lemonis: great father? -laurie: yes. -lemonis: good boss?initely. ♪ -lemonis: nice to see you. -laurie: hi. good to see you. -corey: what's up, boss? lemonis: my man, what's happening? -corey: good to see you, man. -lemonis: good seeing you. what is this chain you're wearing? corey: it's a whole solid gold bagel with diamonds for the salt. lemonis: where'd you get that? corey: laurie got it for me 25 years ago. lemonis: that's how long you've been in...
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Aug 12, 2020
08/20
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lemonis: okay. caity: yeah, it is. lemonis: awesome. monica: yeah. lemonis: caity? caity: mm-hmm? the three of us can just sit down for a minute? caity: sure. jessica: yeah. lemonis: we've made some really good progress in narrowing down the four categories, and now jess, caity, and i are gonna sit down to understand what's jess' role gonna be going forward. jessica: i'm all screwed up. lemonis: so i thought maybe the two of you guys could just talk about, how do we make this work for everybody? caity: we have had issues in the past with the dynamic between jess and monica that has caused chaos across the board because of the arguments or whatever that you have on a personal level, being sisters. if jessica is around, monica will call her and say, "what's going on?" or, "facetime me. i want to see everybody's desks." jessica: it does put me in a bad -- lemonis: stop it. monica! monica: yeah. lemonis: so, we were just talking about, in order for this relationship to work between jess and caity, they have to be able to communicate without any outside distractions. monica: that's gre
lemonis: okay. caity: yeah, it is. lemonis: awesome. monica: yeah. lemonis: caity? caity: mm-hmm? the three of us can just sit down for a minute? caity: sure. jessica: yeah. lemonis: we've made some really good progress in narrowing down the four categories, and now jess, caity, and i are gonna sit down to understand what's jess' role gonna be going forward. jessica: i'm all screwed up. lemonis: so i thought maybe the two of you guys could just talk about, how do we make this work for...
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Aug 19, 2020
08/20
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lemonis: okay.n a growing facet of a multibillion-dollar industry... breanne: it's grown 540%. lemonis: ...they're struggling to refine their process... people are like, "i came to you because i like seeing staple guns." ...and their van-conversion business has stalled out. breanne: we can't afford our rent. we need to do something to survive. lemonis: their amateur workmanship... the finishing of the inside is really important, not having sharp edges by your head. ...and family drama... breanne: i know there's a lot going on. that is not an excuse for not communicating. alan: mm-hmm. lemonis: ...lead to a shocking twist that you've never seen before. laurie: i'm not gonna be blamed here. lacey: i'm not blaming you. laurie: i'm -- i'm done. lemonis: no, no, no. please. i'm marcus lemonis, and i risk my own money to help businesses. i love investing in american businesses. woman: these people are here because they care. lemonis: it's not always easy, but i do it to create jobs, and i do it to make mo
lemonis: okay.n a growing facet of a multibillion-dollar industry... breanne: it's grown 540%. lemonis: ...they're struggling to refine their process... people are like, "i came to you because i like seeing staple guns." ...and their van-conversion business has stalled out. breanne: we can't afford our rent. we need to do something to survive. lemonis: their amateur workmanship... the finishing of the inside is really important, not having sharp edges by your head. ...and family...
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Aug 30, 2020
08/20
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lemonis: tonight on a special episode here's the deal... there's a new sheriff, it's me. ...it's my blueprint for success in business. if you don't like money, don't follow my process. i look back on all the deals i've made... my offer is $1.7 million. ...and the people i've met. how are you? i'm marcus. the biggest triumphs... all: opa! lemonis: ...and the total fiascoes... [ shouts ] guys, shut up! ...and put everything i've learned... -ching-ching. -...into 10 key lessons... we got to come up with a better process. if you don't evolve, you will die. ...sharing some shocking updates throughout. are you the grim reaper, or...? sometimes. after dozens of investments and nearly $60 million spent, this is "the profit," my top 10 rules for success. my name is marcus lemonis and i risk my own money to save struggling businesses. lemonis: we're not going to wake up every morning wondering if we have a job, we're going to wake up every morning wondering how many jobs we have to do. it's not always pretty... everything's going to change. everythin
lemonis: tonight on a special episode here's the deal... there's a new sheriff, it's me. ...it's my blueprint for success in business. if you don't like money, don't follow my process. i look back on all the deals i've made... my offer is $1.7 million. ...and the people i've met. how are you? i'm marcus. the biggest triumphs... all: opa! lemonis: ...and the total fiascoes... [ shouts ] guys, shut up! ...and put everything i've learned... -ching-ching. -...into 10 key lessons... we got to come...
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Aug 30, 2020
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lemonis: fast forward.made this acquisition, we went from four stores to like 11 stores. and then gio went on this, like, crazy tear of, like, signing up every acquisition that -- he's sort of, like, a deal junkie. $37,600,000 later, we have a business that does $100 million of revenue with 82 or 83 locations. and the business will make about $4 million or $5 million in profit. most people don't have the courage to do what you do, you should be very proud of yourself. i don't say this out of disrespect to lisa and gio, but when i met them, they did not have their own home, they were struggling, but they always had a smile on their face, and they always put their son and their business in front of everybody. in seven years, people got bonuses. we didn't get paid. which is probably why i fell in love with them, okay? today, they own their own home, their family's all together, they've adopted another son. how do you not just... i don't know. like, i definitely get choked up when i talk about this business --
lemonis: fast forward.made this acquisition, we went from four stores to like 11 stores. and then gio went on this, like, crazy tear of, like, signing up every acquisition that -- he's sort of, like, a deal junkie. $37,600,000 later, we have a business that does $100 million of revenue with 82 or 83 locations. and the business will make about $4 million or $5 million in profit. most people don't have the courage to do what you do, you should be very proud of yourself. i don't say this out of...
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Aug 12, 2020
08/20
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lemonis: keep in touch, okay? jessica: thank you. lemonis: but sometimes it's better to get out while you're ahead. . >> tonight on the profit... >> marcus, nice to meet you. >> i go inside jacob maarse, a high-end florist and gift shop in pasadena, california that hasn't earned a profit since its founder died in 2010. how much money will this business lose this year? >> close to 200,000. >> sloppy business practices... do you have an inventory system? >> no. >> together with lax management has driven down sales and piled up debt. so are we going the right way? >> i believe so. >> we need to know where we're going. if they don't make changes, this 47-year-old family business will be forced to close its doors. this business is a total mess. i'm fighting against time to light a fire under these people... this is the thing that will help us go from the red to the black in one month. before this business crumbles and dozens of employees are out on the street. you don't know how to manage this place. >> well...[blathers] >> my name is mar
lemonis: keep in touch, okay? jessica: thank you. lemonis: but sometimes it's better to get out while you're ahead. . >> tonight on the profit... >> marcus, nice to meet you. >> i go inside jacob maarse, a high-end florist and gift shop in pasadena, california that hasn't earned a profit since its founder died in 2010. how much money will this business lose this year? >> close to 200,000. >> sloppy business practices... do you have an inventory system? >> no....
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Aug 23, 2020
08/20
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lemonis: okay, buddy. tony: thanks, man. lemonis: good luck to you. tony: be well. thank you. lemonis: i thought giving him his dignity and respect may be the thing that he actually needs more than anything. >>> happy friday everybody it's time for "options action. i'm not melissa lee. i'm brian sul vachblt here's what's on deck. >>> don't let this fry your charge controller. carter worth thinks tex la stock is about to shift into neutral. >>> then everyone is also getting amped up about tesla's stock splichlt's not the first company to do so or the last and there's a ton of corporate actions that could impact anybody's stock. professor cho has a lesson on "options action." >>> plus, hold onto your hammers. home depot already reported earnings, but that's not stopping tony from building a trade right now. time to risk less and make more. "options action"s starts right now. >> risk less, make more. sounds pretty good let ee get right to it okay it has been an electric year for tesla and its investors. the stock rallying again stored. it's up nearly 400% in 2020. pandemic be dar
lemonis: okay, buddy. tony: thanks, man. lemonis: good luck to you. tony: be well. thank you. lemonis: i thought giving him his dignity and respect may be the thing that he actually needs more than anything. >>> happy friday everybody it's time for "options action. i'm not melissa lee. i'm brian sul vachblt here's what's on deck. >>> don't let this fry your charge controller. carter worth thinks tex la stock is about to shift into neutral. >>> then everyone is...
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Aug 9, 2020
08/20
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lemonis: good luck. susana: thank you, marcus. lemonis: i'll see you tomorrow. susana: okay. >>> happy friday, "options action" fans we've got a big show lined up for you. here's what we've got on deck. >> announcer: breakouts and backhoes >> whatever you want to call it. >> carter werth is cracking open his copy of the farmer's almanac to explain why there could soon be a bountiful harvest for deere. >>> then, it's not the one that supplies food or the one tha sings about underwear. oh, it's the tech giant cisco. >> there's a lot of potential here >> tony zhang is networking together a way to play ahead of earnings >>> plus, the original story of alibaba is one of both greed and redemption right now, the same could be said about the internet stock. >> this is an interesting situation. >> mike khouw explains to how to avoid the thieves. it's time to risk less and make more "options action" starts right now. >>> let's get right to it. it's been a wild ride for the market since the march bottom, but it's the commodities that have really taken off. gold and silver
lemonis: good luck. susana: thank you, marcus. lemonis: i'll see you tomorrow. susana: okay. >>> happy friday, "options action" fans we've got a big show lined up for you. here's what we've got on deck. >> announcer: breakouts and backhoes >> whatever you want to call it. >> carter werth is cracking open his copy of the farmer's almanac to explain why there could soon be a bountiful harvest for deere. >>> then, it's not the one that supplies food or...
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Aug 6, 2020
08/20
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lemony are out now i come to out of the committee not done so by many other that have so many. men. think i don't know how to. make a hassle so i shake up with the woman he then minhinnick of her that how the so. she had to call the thought that a lot of the un osha. 6 of the theater will politely and he shops at that and have them on the telly. and mischka that in. a letter he had. known can and. a law and this yes most or whoever is directed know how tough it will be by his delicate admirable. 0 roach to shake him and saw through u.a.e. company of which he is a board member. it just him if as patron of censuring investments he was aware of the high debt position of n m c health. it also asked if shakman saw could comment on dr his assertion that quote serious fraud and wrongdoing appears to have taken place at an mc chipman saw did not reply. via. that that i love been hacking me how you judge who knock on about what the hell you are to not. be a limit out there on and to have coffee have the via hell you sure do like that our nanny and on the other highly likely jethro you should
lemony are out now i come to out of the committee not done so by many other that have so many. men. think i don't know how to. make a hassle so i shake up with the woman he then minhinnick of her that how the so. she had to call the thought that a lot of the un osha. 6 of the theater will politely and he shops at that and have them on the telly. and mischka that in. a letter he had. known can and. a law and this yes most or whoever is directed know how tough it will be by his delicate...
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Aug 14, 2020
08/20
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they work to standards to make sure the lemony other diseases, such as listeria, but also to make sureheir way to and from work, we know a large proportion of the race use public transport, hence the importance of using social distancing and face mask on public transport was that we know a number of employees live in houses with multiple occupancy. sadly, it is mission is much more likely when there is a number of people living ina single there is a number of people living in a single dwelling. we also know that this group of people socialise frequently out of work. at the moment, the other hypothesis is that these sort of social movements are these sort of social movements are the cause for the significant increase in the cases and the speed at which this has been transmitted. now before i go — let me introduce you to sammy. sammy's a seal — but not like other seals. he loves to hitch a ride with paddle boarders in weymouth. since appearing in the area sammy has captured the heart of the locals — and a group of volunteers have drawn up a plan to look after him. who is having more fun
they work to standards to make sure the lemony other diseases, such as listeria, but also to make sureheir way to and from work, we know a large proportion of the race use public transport, hence the importance of using social distancing and face mask on public transport was that we know a number of employees live in houses with multiple occupancy. sadly, it is mission is much more likely when there is a number of people living ina single there is a number of people living in a single dwelling....