How I Went from $500 to $25 million Per Month
Вставка
- Опубліковано 17 чер 2024
- Hey guys, Davie here 🙂
I founded The Oodie three years ago and now have over 10 brands worth millions. I want to share with you my top success tips I have learned on my way to making $20 million a month. I wish someone was telling me this kind of stuff when I first started so I hope these tips will help you grow your business and find financial freedom.
Timestamps:
00:00 My top 10 success tips
00:18 Always be learning, always be curious
01:45 Constantly reinvest your money
04:43 Invest in your team early
06:51 Learn when to quit
07:39 Block out hate
08:19 Invest in family and friends
09:24 Find a mentor
10:34 Stay focused
11:17 Learn from every single person
11:55 Avoid burnout
Join my Mentorship Program: 👇
/ @daviefogarty
These are the successful business people I mentioned:
Naveen Jain
Steve Jobs
Books mentioned:
A Random Walk Down Wall Street - Burton G. Malkiel
Rich Dad Poor Dad - Robert T. Kiyosaki
The Intelligent Investor - Benjamin Graham
Drop a comment below if you've got any questions, feedback or videos you'd like to see in the future! I'd love to know.
DISCLAIMER: The content provided in this UA-cam video is for informational purposes only and should not be considered as professional advice. Any recommendations, reviews, or opinions expressed are based on personal experiences and research, and individual results may vary. Viewers are encouraged to conduct their own due diligence and consult with relevant professionals before making any purchasing decisions or implementing strategies discussed in this video. The creator of this content shall not be held liable for any direct, indirect, incidental, or consequential damages arising from the use of information presented herein.
Don't forget to Subscribe on UA-cam and follow me here:
Instagram: / daviefogarty
TikTok: / daviefogarty
Facebook: / davieventures
Twitter: / daviefogarty
LinkedIn: / daviefogarty
#successtips #ecommerce #ecommercebusiness #daviefogarty #millionaire #millionairemindset
So much value you're dropping right now Davie!! Please keep it up! This is invaluable content for myself and other aspiring business owners!! Thank you so much!
Thank you! Will do!
Davie don't be too harsh on yourself. I really love your videos because its very authentic, honest, and genuine! That makes it great. If one looks closely, one can see that you are not comfortable yet but in the next few months that will change very fast. Just do keep on doing it and it will start to flow. Thats how I started and now I have a huge audience on tiktok. - I would love to get in contact with you once I start my second shop this year. I am sure you might be able to help me with a problem I will run in to while operating.. Take care and looking forward to more of your shop building videos!
Absolutely agree! Yeah I haven’t taken a single penny out of my stores, just constantly reinvesting 🤙🏻
Great knowledge. Thanks so much Davie. I'll apply all of these tips.
Oufff Davie that was uplifting and calming thank you for sharing your experience and knowledge... Bless you and your beloveds
Such an inspiring story, and thanks for being so transparent and also vulnerable with us along the way Davie! Keep up these gems!
Probably one of the most down-to-Earth and useful videos I've come across on UA-cam :) rock on man!
Glad it was helpful!
Hi Davie, keep the content coming you are 100% real and a beacon of inspiration to entrepueners! i love the honesty and holistic approach!
Hi Davie! That’s amazing!! I’m on my way to my first sale, I appreciate your knowledge and expertise :))
Amazing video, Davie!! You are the best! Always looking forward to your videos.
Thank you, I'm glad you like them :)
What an inspiring young man . My son is 22 and I am going to send him a link to your channel .
thanks for your generosity men, so good to have this is here in youtube... this is positive vibe
Great work, Davie! You really provide lots of useful contents in your video. I just ordered some books you mentioned in the other video. Can’t wait to read them. By the way, my OODIES are on the way 😀. Keep up the good work and wish you all the best👍🏻
Thanks for the value as always! This opened my eyes - even being successful with e-commerce i will lack in a lot of these areas. Team building is my biggest bottleneck.
Hit me up for proper consultant👉
Such nice video as always! Thank you to share you mindset and your tips!
These tips really resonate with me!
I’m in my 20’s with 2 kids under 3 and everyone thinks when you have kids your life is over. You cop a lot of hate for chasing entrepreneurship and putting everything on the line because “it will never work”. We now run a 7 figure online business, my family and friends don’t even know. Coming from a low economic background it’s hard to find good mentors but these videos really help! I’ve learnt a lot from you in such a short time.
Thank you for your mentor ship! One day we will meet and I’ll thank you in person (and also pick your brain to bits 😂)
Awesome stuff bro!
Hey Davie, loving your value bombs - its not going to solve every problem for everyone but it does help plenty of people! Here's a niche question - you mentioned in this video you wished you took on VC funding earlier -- I suppose your companies were really profitable so there were no immediate need. Where do you think is the line to draw between taking in outside capital vs using your own funds ( assuming the business is breakeven but growing in revenue )
Currently 21 started investing in index funds last year and doing many of the things your saying in my e-commerce journey. Love to hear real world validation ✌🏾
Great work starting early - don’t stop now
Great advice as always. Love your videos man!
LOVE your videos and tips, thank you!
Great video!! Your content is by far the most honest, direct and useful
Thanks Patrick
Amazing video, Davie ! Love how you are open to speak about the fact that you weren't confortable speaking in public at first. We couldn't guess it at all by watching you today but that's so inspiring and important to show people what work and improvement can bring in ALL aspect of life. Thanks you for all this content.
Great tips, thank you, Davie!
Hey Davie, I just wanted to say that I love how humble you are and how you're not doing these videos to glorify yourself. It's such a breath of fresh air and you really stand out from the rest. I have just started with ecom and I'm really loving your videos and learning a lot from you! Keep up the good content!
I appreciate that!
Hey Davie! I binge watch all your videos last couple of days and took notes, THANK YOU! 😇
Glad you like them!
@@DavieFogarty yes, you are inspiration, I already had one business, but now I'm shifting online. Keep the videos going please. 😀🌻
Love the video Davie. Thanks mate
Thanks for the great Tips Davie. Can you make a video about your daily routine?
Such a gentleman. You’re doing a awesome job at public speaking Davie, keep it up. Thank you for sharing.
Thanks so much :)
Hey Davie, could you do a video on managing people and leadership? I'd really appreciate it!
Sure!
@@DavieFogarty Can you also go more into how to find the right people to hire. My business is at a point where I want someone to look after my social media/content creation, but not sure where these people who fit my criteria are hiding
Id love to see that
@@willkrasch1900 we can help you
Awesome video! thanks Davie! :)
It was great to hear about reinvesting everything. I've been getting down on myself because I haven't been able to take a large amount out of my business even with 500% growth yoy. We've been having to reinvest in inventory and ads. Good to hear this is a normal thing.
Great work! It's definitely normal :)
@@DavieFogarty Thanks! I enjoy your content and the value that you bring. I have a few suggestions for videos if you don't mind.
1. Shopify plus, is it worth it?
2. Raising money from investors. What's an appropriate interest rate to offer?
3. Going abroad for manufacturing and maintaining trade secrets.
Bro your video fast tracked my journey as an entrepreneur by like 10x thank you so much 🙌 I hope in the future I can find some way to repay you
Great tips, Davie! I think it's super important to invest within ourselves into things like public speaking. Being the leader of your companies, you need to be able to be confident and have clear communication and public speaking is great for both of those aspects! 💪🏻
Agreed!
Can't thank you enough. I really appreciate the free information you are offering to us♥️♥️
Happy to help!
Didn’t expect to see investment advice here but fully agree and love the book recommendations. All fantastic books.
A youtuber e-commerce coach giving "boring" but very good advice on investing in index funds vs buying fancy cars! Level 100 credibility from me!
Great vid. Cheers.
Thank you so much for the value you are providing. Your tips are super inspiring. Could you recommend a book on digital marketing? Cheers
You helped me realize I'm on the right path in the first minute davie, thank you.
😊😊We are waiting for the full tutorial on creating a shopify store. Thank you 😊
What an absolute lad!
Love your videos man, keep them coming
Thank you!
I feel super lucky to watch your videos, thanks Davie
You are amazing and thank you for sharing your success
You're great at speaking to the camera for the YT videos. Thanks for the knowledge Davie, the new titles are great.
Great video as always.
From my side i can add great book to read. "Atomic Habits" was life changer for me. Iam only 1 month after adding some of habits and boi they work. Really recommend it and please be patient big things dont come over night.
Good stuff man! Also can you make a video of starting from scratch and advertising?
Hi, Davie, can you give tips about how to create the production cycle?
Marketing, selling, finding the right products is for me the half of the job, but producing them or finding people who can give the quality you need is another.
How to balance cost/quality in a reasonable timelapse?
Most of the producers don't want to produce low amount of goods, as its not worth the cost, making it a bit harder to startup your first sales. (especially textile)
yes, i found my mentor right here, awesome Davie
Thanks for this. Could you do a deeper dive into the metrics you use to determine what is a success and how you set it us as a dashboard easily
The amount of knowledge in this video is mindblowing thanks for giving up this amazing life advices!
Glad you enjoyed it!
tips are very useful !! goodstuff thanx
Glad it was helpful!
Awesome tips mate!
Glad you like them!
Bro you're massive! I live in a smallish town along the coast in NSW and everyone has an Oodie haha! I just wanna say congrats and im sure there was many years of struggle, learning and hardwork before this. I just have one question, how did you come up with the product and how did you make it?
Great content as always! Thank you
Thanks :)
Great tips as usual mate
Love Oodie and love Davie. Thanks for the advice.
You're welcome! Thanks for watching :)
Great content as always. I hope to share a success story with you one day =)
Hey David loving the vids. I was wondering if you could make a video on the right people to hire in depth and all the legal stuff of creating a business in Australia. Thanks
Great ideas, I'll add these to the list :)
I'm currently going in full bro, thanks for the value ✌️
More awesome content as usual, thank you Davie! I'm curious as to whom such a successful person would have as a mentor? Care to share? :)
Thanks for this one, super valuable
Thanks mate 🙏🏻
My favourite Jordan here
I love you opening the flood gates! You’re such a real person man listening to you in my oodie haha love your tips!!!!!!
Love it Jack - thanks for the support
So down to earth and inspiring :)
Very good advice. Thank you
My pleasure!
Bruh I love all these value boom!
But your video got me goosebumps by the weird underlying sounds lol
Was in my room by myself while traditional Chinese ghost month ( an Chinese version of Halloween but no celebration) LOL
Still thank you for all this information!
Quick question about Tip 7: Mentorship
Where do you find a mentor? I understand the easy to find ones that dominate their industry, but as you said those people don't have time to mentor a stranger. Do you find mentorship works well if you are paying for their knowledge?
Honestly a whole video on mentor/mentee stuff would be super interesting.
Davie, if you started from scratch but with all the knowledge you have now, how long do you think it would take to reach your current level? Like if you were doing a speedrun of e commerce?
Thank you Davie your an inspiration for us u are teaching me a lot
Can't be more happy with this video
This video is invincible
But I will be grateful if you can also make some videos on ecommerce
Everything you think of it's most likely been tried you just got to want it more and do it better 🚀🚀🚀🚀🍾
Thanks for your videos
Maybe I missed it but can you do a video on how to run ads? Plz mentor me!! Out of anyone I've watched videos on you are the only person I would trust! Thanks for the content!
I commented this mid video before you mentioned mentors in your video and said you can't 🤣 🤦♂️
Thank you Davie.
Great humble soul🙏
I agree with some of the other comments. Would love to know more about your talent acquisition process. How do you decide on the requirements for a role, how do you attract talent/advertise your companies as a great opportunity to the right people, how do you screen applications and onboard new hires?
Noah Kagan did some great posts on the topic but sadly stopped doing so.
Thanks a lot in advance!
"If you're the smartest person in the room, you're in the wrong room". 💯💯💯
Thanks!
Next video idea: Apps/softwares you need for your store.
Thanks mate
Very insightful video, although most traders are searching for that elusive method where they never lose or can win eight or nine trades out of 10, amassing huge profits in a short amount of time with little or no risk.
successful trading takes time. There is always a risk, and it needs to be defined and controlled
Trading is like anything in this life...if you go unprepared, you will be burnt. only a few have turned $1,000 into hundreds of thousands. Most people will not.
The thing is some strategies are extremely hard to understand and it’s not really easy to incorporate into my trading plan, it’s really exhausting tbh.
@@johanlars4250 it’s best you try out what works for you, understand it and stick to it. Trading is mentally tasking, you should probably get an expert to trade for you. Its a surer way to mitigate risk and earn while you learn
Having professional help is quite underrated in these parts, meanwhile most high net-worth individuals leave the hassle of trading to experts and make big bank every other year. Skepticism is often the killer of progress.
Hey Davie, are you going to make a branded dropping course or what departments you should hire people in. thanks !
Take a look at his UA-cam banner 😉…
Hey Davie, your journey is truly inspiring! Love watching your videos mate! Quick question, Is there any bookkeepers you recommend in Australia that specialise in ecommerce? We are close to become a 7 figure brand, our accountant lacks experience in ecommerce so we have been having issues getting an accurate profit and loss report. Your recommendation is really appreciated!
"If you're the smartest person in the room, you're in the wrong room" ... That's golden
Imma replay this everyday
Hey Davie, do you think we should be have knowledge on the industry/ area of the product we're selling / drop shipping? e.g. to sell a curling wand i should have like makeup or hair styling expereince, or if i were to choose to sell a a pet bed i need to have abed. I know you said to observe the market, and see the trends and also what is currently in emand, but is that enough? or should we do products that we should specialise in? Of course research before hand is necessary and i know that for sure
its amazing to see you grow live - been following your youtube since your first two videos!
Hi chef, really appreciate your video, one question please..is Facebook ads the only platform you're using to advertise ? Thanks in advance
It's kinda ironic how the one person whom I want to be my mentor is the person who doesn't sell course 😂
But then again that's what I love from you and your channel 🥰
Same lol
Me too!
It’s awesome
I like your style bro
Hey Davie, did you do any courses or do you have any mentors you recommend? Or did you mainly learn from your mistakes?
Hi Davie, I think you said in a recent video that you spent $3 million on FB ads last month. So your ROAS is about 7? That is amazing!
Do your thing
Great video dav would love your to know your best free traffic source
Hi Davie - have you used Professional Designers for any of your products and if so, at what stage in the process did you engage them? Also, where did you source them from? Thank you
Tip 11: keep your office clean, tidy and vacuum up after your puppy.
Hey,
When hiring an agency to take care of your campaigns, how do you know which agency to hire? What sort of questions do you think we need to ask?
Thank you.
You are the most popular person in Australia because of oodies.
Hey Davie, I really enjoy the content you upload and I get a lot of value from each video. I find it refreshing your a legit entrepreneur that isn’t trying to sell a course. Keep up the great work!!
Glad you're liking the videos :)
How long should a recharge last like a day to recharge or should there be small recharged throughout the day also I hope this message reaches you well and I would like to thank you on helping with some of my uncertainties
amazing thanks
Good Luck sir For 100k Subs ❤️ i am From sri lanka Good luck...my Drem is some Day meet you sir...💪❤️