Holy Crap, I actually made money in 2023! Breakdown of all business income and expenses for 2023

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  • Опубліковано 2 жов 2024
  • My eBay Store: ebay.us/9lAvWu
    September 17th, 2024 Whatnot Show: whatnot.pxf.io/eK3AGQ
    Get Resale Rabbit Merch Here: resalerabbit.com/
    My Online Auction Company: titletownaucti...
    Second Channel: ‪@whatsjohndoing‬
    Instagram: / resalerabbit
    Facebook: / resalerabbit
    My email: ResaleRabbit@gmail.com (I can't promise a response to every email)
    If you’d like to send us fan mail
    Mailing Address:
    Resale Rabbit
    C/O JLN Distributing
    3049 Ramada Way
    STE 400
    Green Bay, WI 54304

КОМЕНТАРІ • 44

  • @nickmoney
    @nickmoney 20 днів тому +12

    Way more transparent than most. Nobody would say they lost money publicly and remind people of that.

  • @rswartz6578
    @rswartz6578 20 днів тому +3

    Thanks for the insight John

  • @kimfrommn7162
    @kimfrommn7162 20 днів тому +1

    Excellente !!!!!! Thank You for Sharing!! 🤗❤️👍🙋🏻‍♀️

  • @lifelongcollector1737
    @lifelongcollector1737 20 днів тому +6

    You could make a video "What mail has been sitting in my P.O. Box for the last six years?".

    • @ResaleRabbit
      @ResaleRabbit  20 днів тому +3

      It’s likely all just junk mail. I’ve only used it as the return address on other peoples Amazon shipments.

    • @OriginalNethead
      @OriginalNethead 20 днів тому +3

      @@ResaleRabbit Might be worth cleaning it out just for the giggles. Heck, you might even find something worth ...ten cents.

  • @mariushmedias
    @mariushmedias 15 днів тому +1

    Would have been interesting to hear from you what you're disappointment about, what you feel it's more hassle than it's worth (ex give up on dealing with amazon because it's not profitable enough), what was better than expected, where you think you could optimize (for example if it's worth buying packaging once a year instead of three times a year to get a bigger discount but downside you waste more warehouse space on packaging) ... are you at the point where it would be worth hiring a person and buying a truck/trailer to do the shipping yourself instead of paying various companies to ship the stuff to your warehouse? curious if you have considered using cheap shipping containers as starting point for a "warehouse" ....

  • @lisasorce2258
    @lisasorce2258 20 днів тому +3

    Great info! Thanks for sharing! I prefer excel sheets as well. I have all of my business finances on a master excel sheet.

  • @rjmaloney7295
    @rjmaloney7295 20 днів тому +2

    Green Bay crime reports lady cookoo sound made me laugh out loud, If you know you know. I'm from GB BTW

  • @terenceseymour-tf8rptassie725
    @terenceseymour-tf8rptassie725 20 днів тому +3

    I noticed last night that unclaimed mail is now being sold in Australia for $3 a box . I am not sure how long this has been happening but when I saw this on facebook I thought of you
    The Australian Post Office has been corporatised but is still a Government Business Enterprise.

  • @bokhaled6680
    @bokhaled6680 20 днів тому +3

    ebay sales being down is shocking to me

  • @amyslaughter395
    @amyslaughter395 20 днів тому +3

    Wow that's a lot Rabbit 😅 still love the video

  • @tjbrower
    @tjbrower 20 днів тому +3

    Your SBA loan couldn't be forgiven? That's too bad, so many HUGE companies took advantage of it.

    • @ResaleRabbit
      @ResaleRabbit  20 днів тому +8

      Maybe it could have. I never looked into it because I don’t think it’s right.

  • @QuivaRPG
    @QuivaRPG 20 днів тому +2

    What limited my buying during your WhatNot streams:
    It wasn't that you only allowed 10 seconds to bid, but you started the bidding before you showed us what the item was, in its entirety. There were, at my count, 4 more items I'd have bought (and been happy to bid up on) during the second stream, if you had shown us the item completely before starting the bidding. I'm not going to take a chance on an item when what we can see initially (this is just a fake example) is just a bunch of green straps and metal pieces in a plastic bag. But if you were to take it out of the bag, hold it up, and I can see that it looks like a large dog harness, I'd be happy to spend $15-$20 on that, and consider myself to have gotten a amazing deal. As someone who has organized fast-paced, small-town charity auctions, I had a couple thoughts on how you could streamline the flow, between opening items, taking bids, and Christiana writing down the winners, but this reply is way to long already (sorry). Let me know if you'd like me to add those ideas.

    • @annettesonneson3468
      @annettesonneson3468 20 днів тому +1

      Sometimes items are listed prior to the auction and you can check the particular channel to see what will be up for auction. And 10 seconds is short....we usually do 30 seconds. But 10 seconds makes for way more spontaneous bids and buys, therefore all rationale goes out the window!

  • @GarageSaleMonster
    @GarageSaleMonster 20 днів тому +2

    Thanks. Watched the whole video. Nicely timed commercial placement. I'm a numbers nerd even though I hate tracking my own. Have you done one of these with UA-cam income? I know you want to keep your personal income private even though I think you put it out there with this video. If ever in NE Ohio...

    • @ResaleRabbit
      @ResaleRabbit  20 днів тому +2

      Where was the ad? I don’t pick out where they go, UA-cam does that.
      I really don’t have any overhead with UA-cam so it would be a pretty short video lol

  • @terenceseymour-tf8rptassie725
    @terenceseymour-tf8rptassie725 20 днів тому +3

    Thank you for doing these annual reports.
    Are you are a private or a public company?

    • @ResaleRabbit
      @ResaleRabbit  20 днів тому +3

      Private. I’m the sole shareholder.

    • @terenceseymour-tf8rptassie725
      @terenceseymour-tf8rptassie725 20 днів тому +2

      @ResaleRabbit ok thanks so you have no obligation to make any of your financial reports public , just the normal reporting to the Tax Department same as any citizen or entity .

    • @ResaleRabbit
      @ResaleRabbit  20 днів тому +4

      I know. I do it for transparency on the channel. I like to show every part of running a business like this - the wins and the losses.

  • @robertachristenson6916
    @robertachristenson6916 20 днів тому +3

    😢

  • @terryshannon369
    @terryshannon369 20 днів тому +2

    Rabbit Brother, you need to bring in some young MBA student from U of Wisconsin, a real hot head who can start slashing some of that Colby cheese wheel sized fat from the organization. 11 grand for software! Yikes!

    • @ResaleRabbit
      @ResaleRabbit  20 днів тому +2

      That software runs the auction. There aren’t a lot of options to change it.

    • @pcon
      @pcon 20 днів тому +1

      that does seem high for software. Can you explain why its so high?

  • @pcon
    @pcon 20 днів тому +1

    a good company report a lost...

  • @frankdee4987
    @frankdee4987 19 днів тому +1

    Very interesting thanks for sharing

  • @Vans294
    @Vans294 20 днів тому +1

    Boring as shite but love listening to your voice just rambling on😍

    • @pcon
      @pcon 20 днів тому +1

      ?

  • @Tyler-pq4xs
    @Tyler-pq4xs 19 днів тому +1

    I had no idea you can write off audible.
    Is it just for business books or all books you buy plus the monthly fee?

    • @ResaleRabbit
      @ResaleRabbit  18 днів тому +2

      Sometimes I use it to help me stay focused while I’m working. I should probably get rid of it because the credits disappear after a year and I don’t use it much, but when I do use it, it comes in handy.

    • @Tyler-pq4xs
      @Tyler-pq4xs 18 днів тому +1

      @ResaleRabbit then thst should definitely quality for my uses as well. I even have a few business books but a lot of it is just listening to books while I list.
      Thanks!

  • @albertpaulo6079
    @albertpaulo6079 20 днів тому +1

    You can take off per diem for travel ask your accountant

    • @pcon
      @pcon 20 днів тому +1

      giving yourself allot for food etc? THink that what the receipt for food, hotel etc are.

  • @groggboy
    @groggboy 20 днів тому +1

    Give yourself a 15,000 pay raise and pay for a wedding

  • @pcon
    @pcon 20 днів тому +1

    you need a cheaper accountant!

    • @ResaleRabbit
      @ResaleRabbit  19 днів тому +2

      I feel like that’s a pretty competitive price for yearly taxes, quarterly reports, 1099s, w2s and biweekly payroll.

  • @SHERRY0010
    @SHERRY0010 20 днів тому +6

    Thank you for the update front honesty on how your business does . I must say I always appreciate how optimistic you are when your warehouse sales are on . I don’t know if I could be that way .

  • @haroldsicilian
    @haroldsicilian 16 днів тому +1

    Ha! I knew you made no money because you didnt make at least $100,000 on every deal! Must be a rough life!.... 🤣😂🤣😂🤣😂 For anyone who isn't bright enough to realize, I'm kidding...

  • @TheChristianna321
    @TheChristianna321 20 днів тому +5

    ❤❤❤