01- Understanding Cell Phone Repair Profits – Entendendo os lucros nos reparos de celulares

01- Understanding Cell Phone Repair Profits – Entendendo os lucros nos reparos de celulares

Hi, I'm Josh Gray and I'm the president of Repair School for five years we trained thousands of students to launch their own businesses FAST and in this video I want to show your potential to be a repairman of mobile and other mobile devices a current formula of what you can win and most importantly: how to calculate to achieve the lifestyle of your dreams we'll see a lot today, so check out the action guide in pdf, take notes and follow up How much money can I make? Hi, I'm Frank Smith I'm running my own cell phone repair business I've been making money in this business for 5 years now I think I'm so good at this I could do with my eyes closed The best thing about having my own repair business is that it allows me time to do the things I love and as you can see I spend time with my family, with my car, my motorcycle, I have time for my friends having the flexibility to do all this or anything I want at the same time I learned how to have my own business supplying products and services in my city even without services or demand, I can overcome and adapt to new situations When can I earn money in the mobile phone repair business? (SHOW ME THE MONEY!) I'm Frank Smith and I'm going to show you now how much money you can make with the cell phone repair business but first, before we dive into that theme of how much money we can make we first have to understand what money means here what I mean by that is that we need to understand gross sales VS net profit, right? and the reason this is important is because when people say, "I'll show you when money you can make, I made 3,000 in sales" that does not mean that they actually made $ 3,000 now, if they say they made 3,000 in profits, it's something else, I'll show you that the money is in the profits! the purpose of this video is to show you how much money you can actually put in your pocket that is profit So let me show you how to understand the profits and when people say "I made $ 3,000," you might politely ask, "Was it in gross sales or was it profit?" but before we get into the profit theme, there's one thing you need to know you need to know COGS What is COGS? you ask means: Costs of Goods Sold now this is how we get your profit you take your gross sales and subtract the cost of sales (COGS) that are your parts that you will always need for the repairs then you pick up your gross sales minus the sales costs, which are your parts and that is your profit again: profit is the money you put in your pocket and take it home to your family so let's take a look at this all the numbers I'm using in this presentation are real-world numbers that are 30% The average cost of sales is 30% Where did I get the number from? we got to that number after a survey of stores nationwide and I also got to that number after more than 5 years doing repairs in my own structure and 30% is a well tested number now this does not mean that every repair will cost 30% but now when we take the average of the repairs that you do on average a month will probably give around 30% if you are pricing your service correctly, this is what you should get that means that for every $ 100 in repairs sold, you'll put $ 70 in your pocket 30% of 100 is 70 (it's wrong this is hehehe) we're going to use $ 100 here, and you think, "Okay, $ 100 is a real world number, something I can earn by repairs

" Yes! Yes it is! $ 100 is actually probably the lowest value on the scale it's a pretty conservative number actually Most of the time I charge more than $ 100 in repairs but in fact $ 100 is by far a realistic number, maybe even a little conservative because nowadays the repairs are a little more expensive The point is: you'll put $ 70 in your pocket now let me show you how it is Then you say, "Okay, great, I still want to know how much I can do" so let's continue on this I'm going to show you some real world examples, these people are actually doing it now the examples I'm going to show you are not things I just did for this presentation are real, are my colleagues, are our students, people who are close, who are in business and in fact some of that numbers may be from my own business, I'll talk about it in the end too but I'll show you some real-world examples, okay? But now, what I'm going to talk about is part of the day: so doing only three repairs a week, which is very easy to do, and you ask, "How much work is this?" three hours a week, each repair on average takes 1 hour this is actually the point where if you are super slow, you just get into the branch, we estimate 3h most repairs take 30min, so if you want to do the math and get an idea of ​​what you are really doing you even say that depending on the repair you're doing an hour and a half, but for that example we're going in the slowest step When I joined the branch I spent 1h to make a repair

Then again: three hours a week, less than half a period, okay? $ 840 goes to your pocket per month working less than half a period if you have a job, still working full-time, you can take 3h a week and make an extra $ 840 a month that you never had / would that is corresponds to more than 10 thousand dollars a year in profits that you pocket now, I bet this is going to make your family happy, I bet this will make your life a lot easier so you say ok Frank let me see how this works, show this math ok, so here we go, here's the example: 3 x 100 dollars equal to 300 dollars we have 4 weeks in a month, that equals $ 1,200 now we have to take into account the parts that we have to buy to make the repairs now we take and subtract 30% that equals $ 840 for you, every and every month if you want to do only 3 repairs and if you just want 3 hours of work per week think about how much time you have and if that's all you want to do for those who say "this, you know this sounds great! I want to know how much I can earn if I make more than 3 repairs per week" so let's see how much this gives: only 12 repairs per week, which gives 12 hours per week Who would like to work only 12 hours a week? I'd like, of course, and I'll do it and now that I have my business and repairs being made, see how much this gives: $ 3,360 per month This is just you, working alone, less than part time, doing 12 repairs per week using only 12 hours of your week

Think about how much time you have and how much you will have available for your family or whatever you want and working only 12 hours per week gives more than $ 40,000 per year of profit working 12 hours a week, a weekly work of 12 hours okay? let's take a look at the numbers to prove to you how this works 12 repairs per week X 100 dollars = 1200 dollars OK? we have 4 weeks in a month equals $ 4,800, we continue and subtract 30% of the cash cost of the pieces, we get out of there and we get you $ 3,600 a month for you every month Now, how does this work if I work full time? How much can I do? then let me continue, I repeat: in this example are people working part time, two examples: Now, if you do 8 repairs a day, normal work 8 hours a day, 5 days a week, right? 8 hours, it will take 8 hours, 800 dollars x 5 days a week will give 4,000 dollars now our $ 4000 minus 30% of costs we leave with $ 11,200 per month working full time, many people work full time if you want to work full time, working 40 hours full time this is the earning potential, it's there for you I know people, personally, who have repair shops well, you may consider them my competitors, but I do not consider them my competitors they already made $ 15,000 a month, working full-time, $ 15,000 I know people who have 1 employee, a team, they make 20,000 dollars in a month there are shops out there with 1 owner and 2 technicians, they make anywhere between 20 and 30 thousand dollars a month these results are from different people but working full time now, you work as you want, little or much according to the size you want but there are people who have great points of sale, bursting into the market these people are making $ 15,000 a month, people I know and are doing it for in the real world, a common situation is that a lot of people do not want a business the only thing they want is: "You know, I just want a job, to work for myself I just want to work 12 hours a week and do 40mil "and that's fine if that's what you want to do It's real, people are doing it every day, that's what I wanted to show you: BAM! I just showed you the money

if you're watching this, you probably fit into one of these 3 categories: First, you already have a business or want to build a second: you're in the repair business but you have not reached the potential you know you have to reach your goals the third category: you're starting from scratch, you do not have a business, maybe that's just an idea you're not sure yet in fact I was like this when I started the point is, it does not matter what stage you are at, understand where the profits are or the potential of it lays the foundation for growth that allows you to reach your goals that ultimately will allow you to have the life of your dreams right, we saw a lot in this video, take a deep breath, you do not have to know everything in fact this video is about yourself finding where your goals are and unrolling in your head what this opportunity is, it's about you finding your way so I'd love to know: where are you in your area of ​​business? What kind of repair business will you open? and what actions will you take to get started? leave it in the comments below, if you saw any value in this video, please share it with 3 people you know especially if they have the will and set up their own businesses I know from experience that this training can and will change the lives of many entrepreneurs Now I want to tell you about the next video we'll see there are major changes coming into the repair industry at that time and if you are new to the business, there are many opportunities for you to position yourself and capitalize on those changes and if you're already in that business you can learn about those changes and protect yourself by taking advantage of the competition now roll down and first of all give a like because: who does not like to win likes? 🙂 and leave your comment, tell me who you are, where you are from, what you want to do, and what the repair business can do for your life let me ask you a question: if I had found you 3 years ago What would your life be like now if you were already in the repair business? Leave your comment to me down here now I'll see you in the next video

Source: Youtube

Md. Elias
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