How Much Money Does My Ice Cream Factory Make?

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  • Опубліковано 19 гру 2024

КОМЕНТАРІ • 123

  • @dgriley7280
    @dgriley7280 22 години тому +48

    Again…. This is absolute gold. I run a 7 figure business and I listen to this like a kid In class! 🎉 thank you boss

    • @roathripper
      @roathripper 22 години тому

      same sector?

    • @dgriley7280
      @dgriley7280 22 години тому +1

      @ nope. building services! (Legionella control) but I’m using his whole eco-system idea to generate side projects that actually feed my main business and visa versa. Already seen it working and I’ve not automated the systems yet!

    • @WizzWins
      @WizzWins 14 годин тому

      What business?

    • @danieloleary6730
      @danieloleary6730 10 годин тому

      Exact same, great to see real examples of the similar difficulties we all have

  • @Sams_adventuress
    @Sams_adventuress 21 годину тому +29

    Name a better and more down to earth person in this space, great :)

    • @CharlesAccountancy
      @CharlesAccountancy 4 години тому

      James Sinclair and Daniel Priestley - both top of my watch list

  • @ojr8331
    @ojr8331 23 години тому +16

    Love these videos James. Thank you. Just recovering from knee surgery - can’t move and have watched back to back videos . Going through low and stagnate period in my own business/career so grateful to have come across you.

    • @MrFlyingguy
      @MrFlyingguy 21 годину тому

      you sound like a good person. so i commented as such

  • @ChildrensClub-me9me
    @ChildrensClub-me9me 10 годин тому +3

    An excellent video. Everything looks so clean and tidy, as one would expect from James. I will be buying some icecream for Christmas now I've seen the video. Your videos are excellent and I find you very motivatiing . I like to watch your videos regularly for this reason and the excellent content. Since stumbling across your channel I have been able to start to completely transform my own business Beebooh. Your enthusiasm is infectious in such a positive way. Finding your channel has simply been the best thing that has happened in the last couple of months. I'm also glad you keep making these videos and offering such quality insight from your own personal experience. This channel is gold. Thank you.

  • @lukesaunders9321
    @lukesaunders9321 21 годину тому +5

    Found this channel the past week. Great honest content and love the insights

  • @TejTalks
    @TejTalks 22 години тому +9

    Another super engaging video! Well done James and Chuds

  • @eugenegallen8444
    @eugenegallen8444 20 годин тому +4

    Brilliant James , I started a ready meal brand & manufacturing company 3 years ago just broke the 1.5m this year running 15% net still loads to do but the 5m the target great to hear another food manufacturer thanks

    • @jonathansmyth4260
      @jonathansmyth4260 Годину тому

      That's amazing! What's the name of the brand, if you ship to the UK I'd be happy to place and order and try them out.

  • @阿福-z9w
    @阿福-z9w День тому +7

    Love it, keep up the great work

  • @nickedmondson1583
    @nickedmondson1583 9 годин тому +1

    yes, a new video. i love these so much, the honesty, the approach, the knowledge. I've turned into a right fanboy. haha.. i start each day with a video/podcast or something, its almost a motivational tool in its self...

  • @tryoskar
    @tryoskar 14 годин тому +2

    James you are my favourite channel. Thank you and your team for the fantastic content!!

  • @Radictor44
    @Radictor44 20 годин тому +3

    Really interesting, watched this out of the blue. Love your mind mapping, makes me think of how I can use that to better map out ideas and strategy.

  • @robwhite6147
    @robwhite6147 5 годин тому +2

    Only recently I randomly came across James’s video about his hotel. Since then I’ve been recommended the kids play business, flats and now this. How many business do you have?! 😂

  • @stuartgavin8821
    @stuartgavin8821 23 години тому +5

    This guy is brilliant!

  • @SamuelCoupland
    @SamuelCoupland 23 години тому +4

    Super video, a bit of a surprise content but great depth into the business, really enjoying your videos mate!

  • @WatchingTheo
    @WatchingTheo 21 годину тому +4

    Can’t beat them so join them. He bought his own food services company. Love it.

  • @leightonhughes1635
    @leightonhughes1635 21 годину тому +3

    love the acknowledgement of the history of Rossis just like Joes do in Swansea. Thats what baffles me in what Jaguar are doing

  • @davidbanford8705
    @davidbanford8705 8 годин тому

    I watch your vlogs when things are hard in my business. you always seem to help me open a new door to ideas. It all started with the Christmas bomb on your ice cream shop, I bombed my shops, a few years later and you have helped give me the path, its been really tuff this year with two tourist shops in Cornwall. But I have a plan for the future, and sir a lot of that is down to you. So a merry Christmas and bless your cotton sock!

  • @hownowdairypalmer1881
    @hownowdairypalmer1881 16 годин тому +1

    l own a unique dairy business in Australia. The first cow & calf together dairy. Early days for us. finance is a killer in Aus if you're in dairy and not a big believer player. Banks are terrified as the industry diminishes in size, but my business is building. so it was great to hear your ideas on synergies as we are looking into new products and our first retail sight with a tourism angle . 👏👏👏

  • @Furzepark-c8j
    @Furzepark-c8j 11 годин тому

    Superb video James. I run a v small reselling business, whilst nowhere near your scale a lot of your lessons can be applied. All the best Ian

  • @theawfulgambler
    @theawfulgambler 15 годин тому

    Could listen to you talk for hours mate. Fantastic content again!

  • @rosstecrebuilds5811
    @rosstecrebuilds5811 23 години тому +1

    Nice video James love the honesty 👍👍

  • @john-francis-robinson
    @john-francis-robinson 23 години тому +3

    P T Barnum has almost a 100 reasons to be proud of you James. Keep up the good work ;-)

  • @sahartechnical
    @sahartechnical 19 годин тому +1

    We built a few blast freezers in dubai for icecream factories and meat processing factories. icecream industry is very competitive , but if you can get the right niche, eg yogurt icecream or wieghtloss low calorie icecream, or maybe caffinated one, it can work. get your marketing team on it

  • @hammerhammer4896
    @hammerhammer4896 5 годин тому

    Hi James, wonderful content. Apart from entrepreneur you are a fantastic producer and presenter. As someone who works in comms and branding I wonder why you don’t lean more into the heritage of the brand. For ice cream it seems like something that would be a perfect fit. By the way I can only imagine how many people said ahhhhh when you mentioned the 99. Great stuff!

  • @backacheache
    @backacheache 20 годин тому +2

    As they in the same building could he recycle the unwanted heat from the freezers to heat the roller disco? Saving heating costs and being green

  • @JayTG123
    @JayTG123 10 годин тому

    "Im very proud to own the Rossi ice cream company" speaks a thousand words alone ! Great video Sir !

  • @davida2653
    @davida2653 23 години тому +1

    A great business with great potential but very tight margins demand exceptional management 24/7. I think James is cleverly building his entire 'eco system' with a view to being acquired by a major player or at least a company thats already mid sized but wants to grow fast

  • @HudsonLighting
    @HudsonLighting 22 години тому

    It's only been since I've been watching James... probably absorbing over 80 or so videos at the minute for the first time I'm thinking in future of acquiring a metal stockholders. It's an interesting idea I'd never considered

  • @chriswinslow
    @chriswinslow 22 години тому +13

    You could run a massive campaign to celebrate the 99 the on the 99th year in only 8 years time from now and bring back the original flavours and designs for a limited time of say 99 days!?

  • @tonyhigginson8534
    @tonyhigginson8534 5 годин тому +1

    brilliant as ever.

  • @BunDMC
    @BunDMC Годину тому

    Your UA-cam channel will blow up massive soon mate

  • @LucretiusEldritch
    @LucretiusEldritch 17 годин тому

    Another great video James. The food business has really tight margins.

  • @PreciseRadiology
    @PreciseRadiology 20 годин тому

    You have taken my business to the next level. Thank you

  • @backacheache
    @backacheache 20 годин тому +2

    We get milk delivered by "milk and more" who use the quietness of thier electric vans to deliver throughout the night, could he use the same idea to keep his vans working longer hours?

  • @ShapeyFiend
    @ShapeyFiend 7 годин тому

    Trying to do ice cream at scale supplying supermarkets while competing with all the multinational conglomerates must be a nightmare. There was one indepedent supermarket brand in Ireland called Darina Allens ice cream that was delicious but it's gone kaput. There was another before that made near me called Leadmore, also kaput. There are some fantastic ice cream shops like Murphy's that use real eggs but I'm guessing they wouldn't be able sell them for home consumption without using all those emulsifiers and stabalisers you need to get extended shelf life and ending up with a product pretty indistinguisable from HB/Ben & Jerrys etc.

  • @chriswinslow
    @chriswinslow Годину тому

    I'm actually a huge ice cream fan. If these were in supermarkets, I'd buy a tub of these 09:19 a week or so.

  • @neilbridgeman7768
    @neilbridgeman7768 19 годин тому +5

    I think in all truth you have bought a dog here. How many years of £250k loss will you have before turning a profit and how many further years of making a profit will it take to pay off the losses and then how many further years will it take to pay back the lack of earnings made over all those years.
    Terrible return.

    • @moodobusiness
      @moodobusiness 8 годин тому

      I think the big part of loss is only on the wholesale side. And on paper but that I mean I think James’s other businesses are benefiting from the supply and the stores that sell the ice cream turn a profit.
      He’s not as daft as he looks.

  • @stuartturkington826
    @stuartturkington826 20 годин тому

    Brilliant video as usual.

  • @stemack1975
    @stemack1975 23 години тому +2

    respect. real buisness man here . All you youtubers: influencers who think your biusnes men. autoentrepreneurs then look and watch this video. this is how you do biusness

  • @danielbyrne9892
    @danielbyrne9892 10 годин тому

    Listening to your videos you always talk about the right “business model”. Have you considered operating Rossi in a similar way to the brewery tied pubs model. E.g. you lease them shops/ ice cream vans to small businesses for basically cost but they are tied to buy their product from you only? Would link nicely to the foodservice model as well, the breweries do very well out of this!

  • @samhillsmithify
    @samhillsmithify 7 годин тому

    What does the costs look like when you benchmark your self against purchasing the ice cream from a competitor? And is the juice worth the squeeze, could you focus on growing other areas of your business?

  • @cortezforever
    @cortezforever 6 годин тому

    Hey James, I was thinking about what you said regarding leverage and the £250,000 debt. With your distribution network, why not expand into frozen pizza and pasta dishes? Or even something new like a pizza burger or pasta in a pot/pouch, similar to Huel. Selling directly to consumers could be a game-changer and help hit that £250,000 profit target. What do you think?

  • @WintuhLiving
    @WintuhLiving 13 годин тому

    This is great content, I am a multi trillionaire and still learn from this chap.

  • @dynastyhl3726
    @dynastyhl3726 20 годин тому

    Another great video, love the look behind the scenes videos. I saw a Rossi ice cream stand at the Belfast Christmas markets. Do you have a setup in Ireland or is there a similar brand with the same name?

  • @gibbson130
    @gibbson130 21 годину тому

    Instead of pouring money in scaling up the ice cram factory just to sell wholesale at thin margins would it be more profitable to scale up the retail side side of it e.g. buy/build more Rossi parlours, which I assume have much greater margins?

    • @backacheache
      @backacheache 16 годин тому

      He spoken about them before, he loves them but thier income is peaky and weather/season dependant (which he is try to fix)

    • @gibbson130
      @gibbson130 8 годин тому

      @@backacheache that's true thanks

    • @backacheache
      @backacheache 5 годин тому

      @@gibbson130 maybe he could put ice-cream vending machines across all his sites? That way they'd be no standing staffing costs, just the intermittent refilling, maintenance and power

  • @claroeoscar
    @claroeoscar 8 годин тому

    Next you need to get a dairy farm!! Vertical integration :)

  • @BenDonahower
    @BenDonahower 23 години тому

    Have you done any videos on how you are sourcing your acquisitions? Would love to understand more.

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  23 години тому +1

      I do this on my seminars. But in essence I am proactive. I knock on doors and get in the car and ask. Desktop research and Google is bottom of my list.

  • @user-xj6bv6iy7v
    @user-xj6bv6iy7v День тому +1

    First! Already know this is going to be a fantastic video

  • @maniac4343
    @maniac4343 19 годин тому

    Quite an amazing businessman. Very impressive

  • @paulwright4765
    @paulwright4765 45 хвилин тому

    Arrg! Those margins! I hate chasing turnover for profit. My new year's resolution is profit first. The f-ing government(s) have collected a fortune from my creativity and hard work over the years, I'm too old to say "in 10 years", it's got to pay NOW! Don't misunderstand me, I'm a marketer and if I'm not making profit I blame myself for not selling the story or meeting the need. Industrial scale producers will always undercut me but I will always out maneuver them and be able to niche down and talk to markets that are uneconomical for them. Love your channel James and wishing you every success in 2025 :-)

  • @Drew262
    @Drew262 23 години тому

    Thanks James, Great vid again.
    What's the shelf life on a tub of Ice Cream? Is it affected by the ingredients in it? Is this ever a consideration for new products?
    Also, how cold is it in the factory? Do you keep it cool, or do the vats do all the cooling internally?
    Thanks

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  23 години тому +1

      2 years in the freezer.

    • @go2-events
      @go2-events 22 години тому

      How much would it cost to employ a large ice cream manufacturing company and sub contract the manufacturing out?

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  22 години тому

      @@go2-events people do do that and my predecessors used to do this. Smart to do if you want to stay small.

  • @tomhannaby1581
    @tomhannaby1581 10 годин тому

    James, is it really worth it? It seems to me the amount of effort put into another enterprise would turn you a profit much faster. Seems like a passion project for you… great videos and admire what you do BTW.

  • @ziggythechef
    @ziggythechef 19 годин тому

    This was great I find the hardest part of a food manufacturing business is finding customers.
    Maybe I should buy Thomas Ridley haha 😛

  • @simongrantham3347
    @simongrantham3347 23 години тому

    I feel like I know so much about this Ice cream business I could run it myself 😂

  • @stevefletcher2475
    @stevefletcher2475 17 годин тому

    James, check out Yo,chi I’m in oz had it for the first time this week, they’re killing it

  • @f35500
    @f35500 19 годин тому

    Another amazing vid James
    Interesting insight
    Certainly would like to help Rossi get to 5 mill!
    Richard

  • @cleggydadon
    @cleggydadon 6 годин тому

    i would love the start up money to start something but its impossible these days.

  • @Jac527
    @Jac527 21 годину тому

    Why don’t you supply your ice creams to Tesco as well? That would be awesome to have multiple shops you sell to.

  • @MillennialFX
    @MillennialFX 13 годин тому

    Do you guys sell Rossi’s in Asda or Tesco? I want to try it😅.

  • @dalymaddox8254
    @dalymaddox8254 7 годин тому

    You inspire me to try make my own bussiness when im older ( my spelling is awful but my mouse is broken and im poor so i cant get a new one)

  • @christophergallimore5529
    @christophergallimore5529 Годину тому

    Got lost with all the numbers. But very informative.

  • @DrRichardMarques
    @DrRichardMarques 13 годин тому

    Really great!

  • @bigdento
    @bigdento 23 години тому

    you can just hedge your commodity costs with options so they stay fixed year wide for a small fee

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  23 години тому +1

      I did say that in the video. Small businesses wouldn’t do that though, when they start.

  • @MS-px8bj
    @MS-px8bj 18 годин тому

    And this new business put you in tuch with all shoppers all over UK that can boost your ice-cream business

  • @gymwestwood7588
    @gymwestwood7588 7 годин тому

    Small scale …. Ice cream van

  • @AP-Cotswolds
    @AP-Cotswolds 21 годину тому

    27 companies. Why not have 1 or 2 giant companies or a tech business that can far exceed the profits of those types of businesses eg a tech business? What is the end game?

  • @dragonjohn34
    @dragonjohn34 22 години тому +1

    Should make a vegan ice cream.

    • @backacheache
      @backacheache 20 годин тому +1

      Agreed, good vegan ice-cream is a rare thing

  • @harrydent8182
    @harrydent8182 18 годин тому

    Do you use Palantir with your supply chain management?

  • @matty506
    @matty506 23 години тому +1

    No way is that really where the 99 came from?

    • @backacheache
      @backacheache 20 годин тому

      They are not alone in claiming fatherhood of the "99" en.wikipedia.org/wiki/99_Flake?wprov=sfla1

  • @tomezmaples
    @tomezmaples 20 годин тому +3

    Have you considered buying the children who eat all the ice cream. 😆

  • @polyj343
    @polyj343 21 годину тому

    I'm amazed you don't sell everything and stick it in the stock market or property. Such a lot of work for so little return.

    • @backacheache
      @backacheache 20 годин тому

      He has some commercial property but is not a fan of residential

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  20 годин тому +5

      Because I have loads of commercial property and other businesses, I love being useful to the world and building teams. Nothing is more profitable than building a great business….. and nothing is more rewarding. I’d rather get to the end of my days knowing I built great teams not just purely money into the stock market.
      I’ve got enough property to keep my very secure so I do things that make me useful to society.

    • @richardfothergill8090
      @richardfothergill8090 19 годин тому +2

      Business is not just about money. It’s about building something, helping people and going on a journey.
      Especially when you start as young as James did.

    • @neilbridgeman7768
      @neilbridgeman7768 19 годин тому

      No return. It is a £250k loss every year.

  • @DavidManagesMoney
    @DavidManagesMoney День тому +4

    love the content James! started my own channel because of you!

    • @Recruitadriver
      @Recruitadriver День тому +1

      @@DavidManagesMoney i wish i had the courage to do this but the keyboard warriors can be harsh for no reason

    • @DavidManagesMoney
      @DavidManagesMoney День тому +1

      @@Recruitadriver :D I thought "always wanted to do it" so why not give it a go! you are doing well with your sub count!

  • @driftydoristv
    @driftydoristv 6 годин тому

    Rate of knots
    Not knocks lol

  • @Irfan_1
    @Irfan_1 20 годин тому

    7:53

  • @leightonhughes1635
    @leightonhughes1635 21 годину тому

    Joes in Swansea is way older

  • @Recruitadriver
    @Recruitadriver День тому +1

    Hi, watch all your videos, would love to meet up if you are in the West Yorkshire area, i would love your advise, or arrange a call, thank you

  • @blankblank582
    @blankblank582 2 години тому

    When you gonna be a dragon on dragons den

  • @ms9240
    @ms9240 8 годин тому

    Nice video.

  • @andrewwalker7597
    @andrewwalker7597 20 годин тому

    Hi James what the plan to get from one million to five million

  • @Al-vw8qt
    @Al-vw8qt 19 годин тому

    No chance against Unilever

  • @blankblank582
    @blankblank582 2 години тому

    Thanks for telling us you lose a quarter of a million a year on this business

  • @RonaldL-x1n
    @RonaldL-x1n 13 годин тому

    USA has bigger market, ive been there

  • @tanvirhussain6106
    @tanvirhussain6106 19 годин тому +1

    Our ice cream factory sold £600k yet we are still closing shop and moving abroad. The ice cream game is tougher than advertised. Just because it worked for him don't mean it will for you

  • @SM_TheTraveller
    @SM_TheTraveller 20 годин тому

  • @Taylor40667
    @Taylor40667 22 години тому +2

    1 Million revenue ?
    Wow thought you would be doing at least 4 million
    Normally you are allways much higher than i guess this is the first video ive been shocked at your relatively low numbers
    Considering how much you sell to supermarkets, other shops and your own Rossi shop seems low?
    Then I think about how big Rossi was but your saying it evan bigger than it was

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  22 години тому +4

      @@Taylor40667 it’s mad isn’t it. The parlour shop ( the one in the video ) does 1.4m alone.
      When I bought it, was turning 600k ( the factory )
      The Rossi business with the shops and food service is about 15m all in.

  • @MISSDELUCA
    @MISSDELUCA 22 години тому

    Love to know how he can afford all this must have other investors involved.

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  22 години тому +2

      @@MISSDELUCA no investors. Just 20 years of graft. Hard hard graft.
      The group as a whole supports our new endeavours. I also borrow money for my property company and invest all my profits as a group back in year after year.

  • @shakthidhasan4544
    @shakthidhasan4544 18 годин тому

    Has a very posh name. Should build a brand with it.

    • @backacheache
      @backacheache 16 годин тому +1

      A brand of a small low-cost computers perhaps? 😊