Comments on: Why Our Online Store Profits Are Only Up 41% Year Over Year

By: Why Being Frugal Can Only Take You So Far On Your Path To Wealth | Wizpress.com

Mon, 08 Feb 2010 17:31:20 +0000

[...] cutting loose a little bit more. On the other hand, if you look at our business, our profits grew 41% last year. And this profit increase should have been around 75% had my wife and I not shut down the store to [...]

By: Frank

Frank — Tue, 19 Jan 2010 09:15:24 +0000

You have done amazingly well – and its great to read something that clearly isn’t geared towards you making money from your readers.

By: Mark McCulloch

Mark McCulloch — Sat, 09 Jan 2010 14:51:39 +0000

Great Blog With Amazing Content

I always enjoy my visit over here

Mark McCulloch

By: George

George — Thu, 07 Jan 2010 22:48:48 +0000

Hi Steve,

We are still looking for funding, and developing our business at the same time. We just released our eBook.
I think 100% is a good goal. But I don’t know what you are thinking!

By: Steve

Steve — Thu, 07 Jan 2010 05:08:43 +0000

Hey Tyler,
If you consider these numbers nerdish number crunching, you should check out my wife’s spreadsheet. She has numbers for every product we sell along with projections and trends. Thanks for the kind words and here’s to a great 2010 for the both of us!

By: Steve

Steve — Thu, 07 Jan 2010 05:07:13 +0000

Hey George
Thanks for supporting the blog. it was my pleasure to hear your presentation. Did you ever get funding BTW? It’s really hard to tell whether the economy affected our business or not because we are still growing. I hope you are correct in that profits will be up 100% for 2010. Take care and keep me posted on your Infinite Money Machine!

By: Tyler

Tyler — Tue, 05 Jan 2010 17:40:56 +0000

Steve,
I love nerdish number crunching! It’s refreshing to see you take a look at the numbers, extract the information that is important to you and to analyze it and come up with interpretations. I believe this to be a very important process to do periodically.
Congratulations on sales being up and here’s to steady improvement in 2010.

By: George

George — Tue, 05 Jan 2010 15:08:19 +0000

Hi Steve,

Thanks for sharing. Have you tried outsourcing more of your work, a la 4 hour work-week? It seems like deja vu, but that’s great that your margins increased. (I think I said that last year! How time flies when you’re having fun…)

I am sorry about your father. Congratulations on Kyle! I think you must be very happy! Like you, I plan to have one daughter and one son. And, like you, by the time they are old enough to know what is going on, I will have the financial resources so that we will never need to worry about money. That’s why I love to read your blog. It is so inspirational!

And, by the way, thanks again for taking the time to listen to my presentation for the Infinite Money Machine. That was so nice of you to make time for me!

I wonder if the economy had an effect on your sales as well. Do you products sell better in good economic times? I can see how the economy would have an affect, as people have more money to spend on linens and stuff. But, at the same time, less money means people are motivated to find better ways of shopping, like your store.

Considering the adverse and infrequent happenings last year, your profits should be way up this year! I guess at least 100%. It is exciting to see what happens! Thanks for sharing all the details with us!