How My Desktop CNC Made Over $500,000 in 2 Years

What's the link to buy the same machine? Thank you sir

Long story short , good god… 😂

Thanks for the long, long talk and personal bragging, that you showed us absolutely nothing. Do you really believe there is someone who could like this I subscribed

$500,000 thats more than I will male in my entire life working for a company and you made it as a student wow!
thanks for sharing your actual products and ideas most people talk about attitude but never show what they actual make!

Very informative. If you want to cut, what depth does it cut? Which materials ?

The net profit is what matters, not the gross profit. You're bragging about $1,000,000 in gross sales over 4 years. Okay. $250,000 per year gross, $200,000 in costs, and what $50,000 per year? How many hours did you work for that net profit?

"I started with nothing but a $10,000 loan and an old horse barn" 😂
Still, I don't hate the video

If it is the same speed as the 300k machine then why have it? What does the 300k machine do that the other doesn't?

blablabla thumbs down next

bro.. lol I DONT believe you. lol there are so many stupid wood docking stations there is no way you sold 50,000.
and even if you did sell anywhere near that... how much did the material cost? or the cost to run the machine? what is the actual profit?

You could have made this video in 2 minutes, not 12 minutes. I guess you need the revenue from you tube.

Did he seriously just call his customers “fools”?

CNC is for woodworking?

And the $500K he earned was used to buy 100 bitcoins at $5K each during the covid crash. That's worth $3 million today!

If you make 8 of these docks every hour
To make 50 000 you need 781 days working 8 hour every single day for 2.1 years.
Monday to Sunday working 56 hours per week.
To make those 50.000 you claim you made.
These calculations exclude, finishing up, varnishing and wrapping each unit. Then you need to send the parcels too..

and let’s not forget about admin, keeping up with Etsys costumers etc…

And also this machines are expensive. And they break, how many did you break? How much in repair costs? How much did you spend in materials too?

To recap for you to have “earned” 500 000
With your calculations:
You must of worked 781 days non-stop at an average of 10-11 hours a day.
It would be $58 per hour before taxes.
Excluding expenses, and material costs and machine repairs, without forgetting the cost of hiring staff..

your thinking is what made you the money, you asked the right questions for example asking how instead of why.

total bs

Would you be interested in exporting your products or just sending them abroad? I am thinking of a partnership or franchise type business. We could sort out the best method to benefit both. I believe there is a big market where I live and no competition.

You are a good looking dude, and are blessed to have a head shape and face that make you handsome on their own. Those furry spider legs dangling all the way from your crown to your eyebrows are fooling nobody brother. Time to embrace the fact that you will look awesome bald. I guarantee that if you shave it you will feel better about yourself than when you're looking in the mirror desperately clinging to what doesn't exist of your hair. I know it hurts to have MPB happen to you, shit ain't fair. But the thing you're afraid of happening - being a bald guy - already happened a long time ago. You don't want people to see you as the bald guy, but they already do. So now you're just a bald guy who won't accept it. The only reason it still hurts is because you're holding on. Shave it bro. Do it for yourself. You will look great, and feel better.

Ryan, dont forget to turn the water pump on and off lol great stuff bud

Great thinking process

can't stand liars

Meh meh meh my parents have money

wonder how your old/current employees feel about watching this video..

Feels like a native Etsy ad.. smh..

Did you marry the girl?

I just realized how many people do not know how small businesses run and why most businesses fail within the first few years. The proof is in the comments.

Did he say friends, family and fools? Fools? Please correct me if I’m wrong! Anybody that buys your products or services is not a fool! If that’s what he said that this kid is an idiot! Please tell me that I’m wrong.

"my parents horse barn" ohhh. I see

Nobody wanted to see you talking ….

What machine can most easily be loaded an aluminum plate and make say RC car parts?

$10 for 5 mins is $120/hr
... Not $180
... Not factoring setup time
... Not factoring consumeables
... Not factoring running costs

Being the original maker of the product is huge in being successful on this project. Making it efficient on your end is how you make it last.

Now so many people are making things like it that pretty much no one is making any money at it.

Wow, man, this is truly motivating! You did a great job and thank you for sharing this!

Business 101: No company becomes successful by inviting competitors to enter their market segment to eat away at their profits and market share.

In fact it is exactly the reverse... as you get more successful, you buy out and shut down your competitors so you become dominant.

That's why all these "how to get rich" videos are 100% frauds

I know he is simplifying numbers! There is no way he was charging only 10 dollars 💵 because it does not leave a profit like that! He is paying the loan to his in laws, paying the electric bill if he runs the machine one hour at a time for 8 pieces, plus all the tools needed (end-mills, tape, glue, etc). So maybe if he put 20 he was charging 30 more dollars?! That can leave some profit. Remember my Dad saying “if you sell pennies, you make pennies. if you sell thousands of dollars, you make thousands in profits” 😅

bulldust

No drags brother 😂😂😂😂. 500 000 🤣🤣🤣🤣

Sweet, did you create all the graphics for the cutting boards?

Do you think college was all worthwhile investment for you?

Liar

Very funny but I didnt laugh. I wont even buy this at $100

The entire key is that he was first to market with a nice product. All credit to him though , super impressive

Considering Costs of Goods, shipping, electrical, other overhead, I’m guessing he made profit margin of around 30-40% depending on if they asked for the customization he offered, which would put his net around $150-200K taxable income, after taxes I’m guessing he made between $100-135K… which is not bad money for anyone, let alone a kid in college.

This is great. I recommend a communications class.

I made 750k with my stapler 😮

The IRS is watching

Where do I buy your docking station?