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Reason why you need to manufacture your products yourself

we're going to discuss why you need to manufacture your products yourself now I know I've been talking a lot about manufacturing in the previous videos any advantages of how much money you can make by yourself and that you don't need anybody else in this day and age but Want to go into a little detail here so let's say you do have a simple plastic product that you want to make you don't make it yourself what you do is you design it yourself and then you farm out all the injection molding processes you're not going to bring in some giant injection molding machine to get start edit's a waste of time you don't have the space. You have to know the business current affairs to be success.

Those machinesare really expensive they take a lot of skill to run you need to make the moldsand it goes on and on and on the electric bill the employees you don'twant all that you're an inventor looking to make good money in the simplest waypossible I call people lazy for coming up with their ideas and then not doingaging with them other than trying to sell them to other people but the reality of it is we also don't want to work too hard either we want to work efficiently for the maximum amount of money and we do that by manufacturingthem ourselves think about this even a 30 $40 item through business news. 

If you can make $10 on eachitem after you've shipped it out the door to your distributor reseller oreven retail imagine how much money you can make simply just selling you know to300 units to 300 units at a $10 profit each is two to three thousand dollarsfor very little effort if all you're doing is slapping labels on and you needa bedroom or a basement or a garage somewhere just to store a few of them asthey arrive from whoever's manufacturing them for you this is a win win it shouldbe a dream come true for you guys. 

It's the way I started when I first started Iwas making a hundred pieces out of aluminum at a time I had a bunch oflittle aluminum parts I would have a made at the machine shop take them overto the anodized pick him up from there bring him homeand my wife and I would sit at a table in my garage and we'd put them togetherit really it was just a weekend and part time job but here's a thing about whenyou price your products correctly now those products of mine were sellingfor two three four hundred dollars apiecethey took me about 10 15 minutes to assemble but I was doubling triplingquadrupling what it was actually costing me to make them so when I was sellingthem at a few hundred dollars and only selling twenty thirty of them a week Iwas making thousands of dollars I mean literally out the gate. 

I started makingfifty a hundred thousand dollars with my first it was one product that I didn'tspun off to two products to raise the revenue a little bit more that went tothree then went to four five six products and then that was it and I didthat for god I think five six seven years by the time I was done with thatsimple product that only cost me a few thousand dollars for that initial run ofa hundred pieces I made close to a million dollars in the life of that oneseries of product that was it that was a five year run and a million dollars overfive years is pretty darn good when you consider. 

I was working fulltime in the movie industry and then coming home and just doing that as aside thing instead of watching TV those products they took me two days to makein my garage the original prototypes and then a fewhours to drill out the parts and also go over to the machine shop and talk withthem but once the machine shop had it in her hands they did all the workit was easy it was just me picking up the parts when they were done takingthem to the anodized ER waiting a few days getting the colored parts back andyou've seen anodizing in the previous videos I talked about it but you cangoogle it or look here on YouTube if you're not sure what I mean it's ahardening colouring process that they use onaluminum and some other materials it's actually a ceramic coating which isinteresting in fact aluminum becomes non conductive after you anodized it whichis really interesting because of the coating it's a process that you justdrop the parts off you wait you wait for them to be done you pick them up youtake everything home you buy your screws whatever else you need you keep them inbags on a shelf and you assemble them as you go it's kind of a no-brainer but nowyou can control your destiny with your products and here's the other thing weneed to talk about this. 

And I'm not gonna go just pro-america here I'm gonnatalk about America and I'm gonna talk about Europe and I'm even gonna talk tomy Indian friends because I seem to have a lot of like 5% of the people on hereare from India and I know they're coming from croire and that's one of the othervideos that I showed you on how you can use Quora to attract video views so Iknow that about 5% is Indian you guys have the opportunity in India with allyour little manufacturing facilities around you to make anything you wantcheaply and then put them on eBay and sell them worldwide and then us inAmerica forget about what they have available to them we have everythingavailable to us in every state I will be surprised if you guys in any state inthe United States cannot find a machine shop and an anodized er I guarantee youcan find both and if you need screws and all that other stuff you order it onlineit's you know that everything's right there it comes in the mail here. 

If Iorder from McMaster Claire in the morning my screws are here within fourhours so you have no excuse in America everything is available to you in aninstant it's really convenient and great for you to grow your business now allyou need is a small space in your apartment or house realistically couldbe a closet I mean my wife you know she didn't mind the garage but as thebusiness started to grow it took over the house so she would complain aboutthat but so I did have to move beyond thehouse pretty quickly but it was easy for years just to stock boxes on the shelvesand ship them after about five years of doing that I was looking for the biggeryou know the bigger revenue and that's when I came up with the product attractstick the last one I was talking about was hobby camp and that's no longeraround so I really didn't mention it but track stick you can go to the websitewhen I started thinking about track stick it was a couple years after 9/11and I knew there was some concern in the world about terrorism so that's whatgave me the idea for track stick it was a product that I designed completelyhands-off when I made track stick I knew I wanted it to be big and there wereonly two ways I could do that one way would have been to invest in equipmentlike you see here but this isn't even really high speed equipment this is justfor me to do small batch runs when we're talking high speed thousands of boardsyou need much bigger pick-and-place machines and I didn't want to get intoall that I'm in California I didn't want the rent the electricity to theemployees all the insurance all the retirement expenses the medical and itgoes on and on and on I was young I was like got 32 years old. 

I wanted to stillbe able to have fun travel the world it's what you want to do it's up to youif you want that responsibility I know a lot of guys that just drive off of thatI didn't want that I didn't want the risk of going out of business I didn'twant the risk of not being able to pay the rent those types of things but Icould tell you one thing I learned if you do it you will figure out a way topay the bills no matter how much more they are than the bills you have nowit's an amazing thing I've been saying I'm worried about the rent or themortgages or all the other costs for 20 years now I haven't gone bankrupt yetin fact I've done quite well I may not have you know the huge facilities likeyou see on some of these youtube channels with the manufacturing but mostof them aren't in California where real estate is really expensive and there area few like one of the guys I love is Titan C&C look him up he talks aboutmanufacturing in in America I could not take the pressureof his responsibilities he's actually talked about how he's going bankrupt afew time his credit is bad he's nearly lost his businesses I I would I wouldlose my hair that. 

I love it would all turn gray first and that's not what I'mlooking to do it's up to you if you have the money if you have the balls to beable to put up with that go for it I don't have it and I'm not ashamed toadmit that I don't have that kind of risk taking ability I tend to just do itlittle baby steps at the time and as I make profits pay my taxes that's anotherthing when you make money taxes are coming so don't forget that I can't tellyou how many Kickstarter projects I've seen go under not because they didn'tship a product but because of the taxes you and you're an inventor you're abusinessman too this is another thing we will talk about it in the future but notonly are there responsibilities for bills the taxes can be hugeand in California believe me they come knocking they come looking for youso you need to think about that that as you become successful you are a targetfor the taxman so prepare for it and these are the realities of manufacturingand it's really not manufacturing we're talking about in most cases here we'retalking about micro manufacturing we're talking about 100 200 500 pieces at atime we're talking about not big investments for you guys I know theprices if you do all aluminum products if you do injection molded parts you canmany times get in depending on your product to three to five thousanddollars at the most for your first product I think that's a good risktolerance and then as you grow you take on a little more maybe a fifteenthousand dollar product here's another hint so my most successful products andthis has been pretty consistent I have products that have cost meanywhere from $2,000 to make up to a quarter of a millionand I will tell you a little secret my most successful products this is true mymost successful products have cost me anywhere from $3,000 to $10,000 to makenow I have made hundreds of thousands of dollars in mistakes along the way takingthose $3,000 products to market I don't have to make those mistakes anymore butI did in the beginning I mean my track stick technically cost me less than$10,000 to invent but I blew twenty thousand dollars of my own money makingmy first mold that was useless because I wound up hiring people that had nevermade molds before and they were like two thousand miles away and here's thekicker so I blew twenty thousand dollars on that mold and I was so upset about itand I started googling there was a mold maker within walking distance of myhouse in California then. 

I wound up hiring and I think he did my first moldit was about 15,000 I told him I went broke for 20 grand could he please makemy next fold for 15 and I promised that I would give him more business which Idid I made about 10 molds with the guy it was just incredible the learningexperience and how much I could have saved if I knew ahead of time but that'slife and that's why we talked about you need to get out there and you need tostart talking to these people and learning the processes so you don't makethe same mistakes that I made in the beginning and if you are learningsomething from these videos I hope you're subscribing you're leavingcomments below you're giving me a thumbs up because I want to help I also want togrow this channel and you know I want to be here for you guys because it'sexciting as you guys are making things and talking to me it really encouragesme to keep going even when I have such a low view countright now thanks to YouTube and its new algorithms but we'll getthat if you just keep on leaving me comments so that I know were punchingthrough the slow views I don't care how many people are viewing this what I careabout is that the ones that are viewing this channel are learning something andimplementing it that's what you need to do because if you just start doing somemicro manufacturing invest a few thousand maybe and I know this in Indiayou guys are probably investing a few hundred the equivalent of a few hundreddollars with your friends and they're making you product so anybody can dothis in America it's gonna cost us a little more because we do have differentlaws and restrictions that don't allow us to be that cheap Europe the same wayEurope's going to be a little more expensive for manufacturing than inAmerica and definitely more than it's gonna cost in Asia but it doesn't matterit depends on what your interests are where you want to make your productswhat your commitment is I am like 100 percent make it in America butunfortunately in California because of all the environmental laws and all theother restrictions most of the time I get prices that are three times the costof what they are to make in Asia so you know if they can't compete you can'tjust say oh okay. 

I'll pay three times more that three timesrepresents the entire cost of my product which means that they've raised theprice by three times at the same C shops my retail is going to double my cost tothe distributors is probably going to triple I'm gonna price myself right outof the market so when it comes to manufacturing you'regonna have to pick all different places if you know something's cheap to makearound the corner do it around the corner don't send it to Asia you know doit locally but at the same time if you're good if you have a part that'smachined and let's say it'll cost you 75 dollars to make in the US but China willsell to you for $30 a piece in a quantity of 100 where do you think youhave to go you're going to have to go to Asia toChina and I'm going to mention Titan C&C again because I'm watching his videosthis guy gets me pumped up I mean he's different he's differentjust like I'm different big guy big strong guy I'll put a link down belowand he he's a genius I know a genius when I see one this guy's so smart andthe way he looks he may not even realize how smart he is because he talks aboutmachining like I've never heard it talked about before and I know machinisthe has beautiful shops Titan C&C has shops that you could eat off the floorseverything is pristine when I look at his machines they shine there's no chipsthere's no oil they're beautiful and it's not because he's not using them andthey're brand new this guy loves what he's doing and he's pumping me upbecause I gotta say he's making stuff in the US I'm saying make stuff in the USwe're both doing it and you can too and if you're in Asia make it in Asia ifyou're in Europe make it in Europe make your commitment to the people around youthat's all that's important it's not about nationalism it's aboutmanufacturing because manufacturing is what made America great we all need tomanufacture if we want to see our countries do well so look at Titan andwhat he says the only way that America is going to compete in the world is ifthe machines make the parts quicker we already know that especially inCalifornia labor is expensive and the liability that goes with itit is prohibitive for companies. 

it does create a burden for companies so what hesays is you hire less people but you make the machines run quicker you buynewer machines you program so they're fastyou make efficient ways to manufacture so you can get more product out the doornow I should listen to this advice because the stuff that I run on thesemachines many times gets back ordered by days by weeks it's frustrating for mebecause I can never predict the amount of sales that I'm going to get and nomatter what I put on the Shelf it seems to sell out so you can actually and thisis a weird thing about business even though my profits on purpose are high Ican actually put myself out of business by making too much product yes I knowthat people are going to buy it but at what cost to me in terms of stocking iton the shelves Titan talked about this too we're a company said we need to stopour orders but he kept going and these were expensive millions of dollars inparts it was actually a hundred million dollar contract you can look at hisvideo he just said you know what they're gonna come back and they're gonna ordermore so I'll just start keep making them for weeks maybe months he went on and hemade all these parts they never came back for them so when you do this yougot to watch how many you put on yourself manufacturing is a game youjuggle how many do I make versus how many I think are going to sell not howmany are actually selling because remember there's a delay after orderparts from Asia I order parts from down the street they all take time to come inthen there's processes like anodizing painting whatever processes you add tothat they all take time and god forbid one of those manufacturers get busybecause then the time that you normally get them in becomes longer so when itcomes to manufacturing start thinking of a plan because that's how you're gonnamake your money you.

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Making of  traditional food item.

Hey guys, my recent trip to Israel and Jordan was a phenomenal trip and was known about this thorugh VISHLOGIC. And I'm still going through the 2,000 plus photos I took so that I can do a proper blog post recap. (upbeat electronic music)But in the meantime, I wanted to share with you one of my favorite recipes that I ate over and over, in Israel. And that's Shaka. Shaka is a traditional, Middle Eastern and North African dish that can be eaten for breakfast, lunch, or dinner.(akujudi)

 And it's a simple combination of simmering tomatoes, onions, garlic, spices, and poached eggs. I love this recipe because it's nourishing, filling, easy to makewith everyday ingredients. And it's just one of those recipes that you will make time and again. So let me show you how to make it. The word shakshukaliterally means a mixture. And that's what we're gonna do. Just mix a handful of ingredients together in a saute pan. So we'll start with dicing one onion and one red bell pepper. You can dice them as largeor fine as you'd like, depending on how chunky you'd like your shakshuka to turn out. And after you've diced up the red bell pepper, dice up four garlic cloves. Also everyone should be concern about their health vefore prepare or eat anything.For this they can easily visit health news.

 (upbeat electronic music) Once everything is all chopped up, grab a large saute pan, and turn on your stove to medium. Heat up two tablespoons of olive oil and add the chopped onionand bell pepper to the pan. Give these a stir for about five minutes or until the onion has become translucent. Next, add your chopped garlic and your spices. Shakshuka spices may vary a bit, depending on where in theworld you're eating it. But I'm using a combination of paprika, cumin, and chilipowder, which is most common. So add two teaspoons ofpaprika, one teaspoon of cumin, and a quarter teaspoon of chili powder. Then, stir that togetherfor another minute, to really bring out theflavors in the spices and let them work their magic. For the tomatoes in this recipe, I like to use whole peeled tomatoes as it makes this processexceptionally easy and fast. And you don't have to wait for fresh tomatoes to break down. But you could certainlyuse fresh tomatoes as well. 

So dump the entire 28 ouncecan of tomatoes into your pan. And then, use a large spoon or spatula to break up the tomatoes. My only word of caution, here, is to be careful not to have tomato juice squirt down the front of you.(upbeat electronic music) After a few minutes, your sauceshould be simmering again. And that's when it's time to add the eggs. So create little wellsin the tomato mixture, and crack an egg into each well. In total, you'll wanna cracksix eggs into the sauce. (daftar situs judi poker)

And I do five around theedge and one in the middle. Once all the eggs are in the saute pan, reduce the heat to low, cover the pan, and set the timer forfive to eight minutes, depending on how soft orfirm you like your eggs. I always start with five minutes and then, check to see if theyneed a little bit more time. (upbeat electronic music)While the shakshuka is simmering, you'll wanna chop up some fresh herbs for the top. You could use fresh parsley or cilantro or a combination of bothas I'm doing, today. 

And when it comes to this dish, I say the more fresh herbs, the better. Your shakshuka should be justabout done at this point. So remove the lid, check on your eggs. And if they're cooked to yourliking, you're good to go. Because all that's left to do is season with salt and pepper and generously sprinkleyour fresh herbs on top. (upbeat electronic music) I like my eggs with firm whites but still a bit runny on the yoke. And I'd say this lookspretty darn perfect. You can see where this makessuch a great meal for families, holidays, and really,just any day of the week. It's super easy, packed withflavor, and very delicious. On the blog post for this recipe, I also show you a single serving portion that I enjoyed, while in Tel Aviv. So yes, you could scale this down for easy, individual servings as well. (upbeat electronic music) 

I hope you guys enjoyed today's video. And if you did, make sureto give it a thumbs up as that helps to support my channel. And if you're not already subscribed, make sure to hit thatsubscribe button, below. I will see you, again,in next week's video. (upbeat electronic music)