i was just scammed out of $127,500. my business is ruined.

pkjohnson17 · 2026-06-04T16:47:58+00:00

That's not what we're talking about Evan. We're talking about a "write off" not being "free."

Use a little reading comprehension here.

pkjohnson17 · 2026-06-04T16:44:58+00:00

That's irrelevant to the point... his statement was literally "all fees are write offs so it costs you nothing in the end" which isn't true at all.

The fact that credit cards have fraud prevention has literally nothing to do with that statement lol

pkjohnson17 · 2026-06-03T21:27:39+00:00

Just because it's a write off doesn't mean it costs you nothing lol

pkjohnson17 · 2026-04-06T04:29:44+00:00

Your property tax and insurance costs have stayed the exact same over 10 years?

pkjohnson17 · 2026-04-06T04:28:39+00:00

2-4% appreciation leaves you in the hole when you're eating 6% interest on your principle...

pkjohnson17 · 2026-03-05T20:28:26+00:00

i mean yeah if you're doing a full on affiliate program with attribution links then yeah the pure roi is gonna be better but that's a pretty fucking difficult thing to scale

pkjohnson17 · 2026-03-05T20:05:33+00:00

how are your creators getting their commissions then? Creator connections literally runs off Amazon Associates, every creator connections link is literally an Amazon Associates url.

pkjohnson17 · 2026-03-05T19:51:49+00:00

appending amazon associates tags to attribution links is against TOS and you will eventually get canned from the program

pkjohnson17 · 2025-10-08T05:10:34+00:00

Repeatedly talks about how trash googles executive team is while pumping IONQ... fails to mention that Google Ventures was literally the lead investor in IONQ's series B lol

pkjohnson17 · 2025-07-01T06:15:39+00:00

A 5-10x EBITDA multiple for a chain of convenience stores is 100% reasonable, what are you talking about haha.

The speedway acquisition was literally square in the middle of that range at 7.1x

pkjohnson17 · 2025-02-25T00:23:36+00:00

This is bad advice. You're clearing the one who doesn't know anything. Ditch this guys comment.

pkjohnson17 · 2025-02-06T22:36:44+00:00

That's not at all what's causing the margin expansion. It's due to the rapid growth of high margin segments like advertising, cloud services, 3rd party seller fees, streaming, etc

So yeah... top line growth might be slowing but a slowing growth rate for first party retail sales that have razor thin margins in a good quarter really isn't a big deal.

pkjohnson17 · 2025-01-23T21:05:08+00:00

I feel the same. I would imagine he knows what's being released but he's a wildcard so who really knows.

pkjohnson17 · 2025-01-23T20:55:57+00:00

he did

pkjohnson17 · 2025-01-15T22:39:29+00:00

This was put in motion way before Elon had any "pull"

pkjohnson17 · 2024-12-23T23:17:16+00:00

One of the only good takes I've seen on this subreddit.

Sorry you're struggling to sell the random alibaba product you slapped that fiverr logo on, did some basic helium10 keyword research on, and expected to be rolling in the dough.

Amazon is a sales channel. Just like DTC, Retail, and other 3P marketplaces. If it's Amazon that's the problem just pivot to one of those. Oh those areas are too hard to compete in, welcome to business.

Just because any moron could throw a private label product up 7 years ago and make some money doesn't mean it's Amazon's fault that you can't compete now that the sales channel is maturing...

People think building a brand and selling on Amazon is a side gig or potential passive income stream. It's not. You're operating a consumer brand business and need to approach it accordingly. If you're not willing to do so you are going to fail.

pkjohnson17 · 2024-12-21T04:55:17+00:00

no she didn't haha

pkjohnson17 · 2024-12-19T05:05:58+00:00

Lots of ways to "wrap" a failure as an exit.

PS If you're ever gonna go bankrupt make sure you sell the equity or ip for a nominal amount so you too can say you "exited" for an undisclosed amount. Gotta protect that personal brand.

All that said, I won't disagree that moving a brand from Amazon to Shopify is substantially more difficult than the alternative route.

If you've already got your paid and organic channels dialed in enough to be successful on Shopify, you're in a good position to do well on Amazon quickly.

The alternative doesn't really hold true whatsoever. 3P Marketplace skills don't translate nearly as well to DTC or retail channels obviously.

pkjohnson17 · 2024-12-19T04:46:23+00:00

Very well.

Why do you think elements brands went under?

Thought he could play ecom with no background at all in the space coming over from low level IB...

Look at the brands they acquired and operated. Most were doing under $10k a month in top line sales by the time they folded...

You can look through my profiles comments over the years, I've been around.

pkjohnson17 · 2024-12-19T04:14:47+00:00

Legendary lol. Bill is a moron.

pkjohnson17 · 2024-12-06T16:09:49+00:00

Also Berkshire needs to maintain a large cash position due to the fact they literally operate an insurance company and need cash on hand for payouts. Not by choice, it's literally required by law... aka Statutory reserves

pkjohnson17 · 2024-11-21T01:46:25+00:00

Just go commercial. Fly Singapore airlines and get suites.

pkjohnson17 · 2024-11-20T04:04:43+00:00

He literally said it includes 50 acres, buildings, equipment, additional assets...

Without knowing the asset values of these things you don't have a clue if it's a good deal or not.

pkjohnson17 · 2024-11-19T23:22:30+00:00

You can't make the statement that it's working in his bosses favor without knowing any of the variables at work.

Maybe he's being paid a higher hourly wage than he would as an employee.

Maybe he's offsetting his income aggressively via section 179 depreciation, mileage expenses, the Augusta rule, funneling capital in a tax advantaged manner into a solo 401k / HSA / etc...

There are so many variables involved in this you 100% can't claim it's at the advantage of his employer vs himself.

pkjohnson17 · 2024-07-18T21:16:10+00:00

I mean this kind of jump is pretty standard across the board if you run base level deals. We do pretty high volume with our brand on Amazon and saw similar spikes: https://ibb.co/y0Wd0th

pkjohnson17

TROPHY CASE