what do I think about consignment as a business model I’m going to answer that
business model I’m going to answer that
business model I’m going to answer that question in today’s episode of lunch and
question in today’s episode of lunch and
question in today’s episode of lunch and earn so Risa got asked a question from
earn so Risa got asked a question from
earn so Risa got asked a question from one of my loyal YouTube viewers love you
one of my loyal YouTube viewers love you
one of my loyal YouTube viewers love you guys Pete who wrote in asking about
guys Pete who wrote in asking about
guys Pete who wrote in asking about consignment and whether I thought it was
consignment and whether I thought it was
consignment and whether I thought it was a good model as an artist to have have
a good model as an artist to have have
a good model as an artist to have have his work shown in stores but only on a
his work shown in stores but only on a
his work shown in stores but only on a consignment basis and so in my view once
consignment basis and so in my view once
consignment basis and so in my view once you have a quality product the thing
you have a quality product the thing
you have a quality product the thing that you need to get its distribution
that you need to get its distribution
that you need to get its distribution right you need people out there buying
right you need people out there buying
right you need people out there buying it you need the awareness if the
it you need the awareness if the
it you need the awareness if the attention need to get some dollars and
attention need to get some dollars and
attention need to get some dollars and some sales coming in and the ideal way
some sales coming in and the ideal way
some sales coming in and the ideal way is as an artist is to have it pre bond
is as an artist is to have it pre bond
is as an artist is to have it pre bond right I guess any entrepreneur if you’re
right I guess any entrepreneur if you’re
right I guess any entrepreneur if you’re selling a product the ideal way and then
selling a product the ideal way and then
selling a product the ideal way and then living in a perfect world it’s free bot
living in a perfect world it’s free bot
living in a perfect world it’s free bot right where before you go in and invest
right where before you go in and invest
right where before you go in and invest your time with energy to create
your time with energy to create
your time with energy to create something you’ve already made orders
something you’ve already made orders
something you’ve already made orders from it and that’s using Kickstarter and
from it and that’s using Kickstarter and
from it and that’s using Kickstarter and that’s using your own hustle and that’s
that’s using your own hustle and that’s
that’s using your own hustle and that’s signing up potential partners or
signing up potential partners or
signing up potential partners or potential customers for you before you
potential customers for you before you
potential customers for you before you actually create anything that’s the
actually create anything that’s the
actually create anything that’s the ideal way because you have zero risk
ideal way because you have zero risk
ideal way because you have zero risk right you know you’re going to make some
right you know you’re going to make some
right you know you’re going to make some money off of it and ideally then you
money off of it and ideally then you
money off of it and ideally then you could leverage that into other things
could leverage that into other things
could leverage that into other things other planes other products and you’re
other planes other products and you’re
other planes other products and you’re being paid up front that’s the ideal way
being paid up front that’s the ideal way
being paid up front that’s the ideal way but if you can’t make that happen then
but if you can’t make that happen then
but if you can’t make that happen then you have to look for alternative ways to
you have to look for alternative ways to
you have to look for alternative ways to get distribution for what you’re
get distribution for what you’re
get distribution for what you’re creating and consignment is one of those
creating and consignment is one of those
creating and consignment is one of those ways and for those of you don’t know
ways and for those of you don’t know
ways and for those of you don’t know consignment that’s basically getting a
consignment that’s basically getting a
consignment that’s basically getting a store to take on your product but not
store to take on your product but not
store to take on your product but not guaranteeing anything right they’re not
guaranteeing anything right they’re not
guaranteeing anything right they’re not guaranteeing a sale if it sells they get
guaranteeing a sale if it sells they get
guaranteeing a sale if it sells they get a commission if it doesn’t sell then it
a commission if it doesn’t sell then it
a commission if it doesn’t sell then it just stays up there and so the downside
just stays up there and so the downside
just stays up there and so the downside is you have products sitting on
is you have products sitting on
is you have products sitting on somebody’s shelf and it’s not getting
somebody’s shelf and it’s not getting
somebody’s shelf and it’s not getting you know that’s not a product that she
you know that’s not a product that she
you know that’s not a product that she could be sold somewhere else and so I
could be sold somewhere else and so I
could be sold somewhere else and so I would do the consignment deal if I had
would do the consignment deal if I had
would do the consignment deal if I had no other options because it gives you
no other options because it gives you
no other options because it gives you some distribution I’m sitting here
some distribution I’m sitting here
some distribution I’m sitting here outside the YouTube headquarters I just
outside the YouTube headquarters I just
outside the YouTube headquarters I just came out of a meeting you can see my
came out of a meeting you can see my
came out of a meeting you can see my badge Evan Carmichael YouTube and
badge Evan Carmichael YouTube and
badge Evan Carmichael YouTube and YouTube and I have a kind of consignment
YouTube and I have a kind of consignment
YouTube and I have a kind of consignment relationship right I upload videos
relationship right I upload videos
relationship right I upload videos that’s my art that’s one of the things
that’s my art that’s one of the things
that’s my art that’s one of the things that I do and I don’t get paid by
that I do and I don’t get paid by
that I do and I don’t get paid by YouTube to do it i put it up on their
YouTube to do it i put it up on their
YouTube to do it i put it up on their channel and they don’t pay me directly
channel and they don’t pay me directly
channel and they don’t pay me directly but they go and they sell advertising
but they go and they sell advertising
but they go and they sell advertising right they sell sponsorships and so i
right they sell sponsorships and so i
right they sell sponsorships and so i get paid some money from youtube ads
get paid some money from youtube ads
get paid some money from youtube ads then they’re out selling for me right so
then they’re out selling for me right so
then they’re out selling for me right so we have a consignment relationship and
we have a consignment relationship and
we have a consignment relationship and on top of that I get awareness I get
on top of that I get awareness I get
on top of that I get awareness I get distribution so people hear about me
distribution so people hear about me
distribution so people hear about me they learn about me they asked me if I
they learn about me they asked me if I
they learn about me they asked me if I can do custom videos for them they asked
can do custom videos for them they asked
can do custom videos for them they asked me if I can partner up with them on
me if I can partner up with them on
me if I can partner up with them on different projects that’s ideally what
different projects that’s ideally what
different projects that’s ideally what you want for your business p if you’re
you want for your business p if you’re
you want for your business p if you’re an artist or any entrepreneur you want
an artist or any entrepreneur you want
an artist or any entrepreneur you want somebody who’s going to ideally promote
somebody who’s going to ideally promote
somebody who’s going to ideally promote you to help give you money but also
you to help give you money but also
you to help give you money but also promote you to spread your awareness
promote you to spread your awareness
promote you to spread your awareness spread your message and that could lead
spread your message and that could lead
spread your message and that could lead to other types of partnerships and deals
to other types of partnerships and deals
to other types of partnerships and deals so if i was doing consignment I would
so if i was doing consignment I would
so if i was doing consignment I would look for one a store that I thought
look for one a store that I thought
look for one a store that I thought might have the access to my target
might have the access to my target
might have the access to my target audience who would be buying your art
audience who would be buying your art
audience who would be buying your art and do they have that time of clientele
and do they have that time of clientele
and do they have that time of clientele and if they do then you can anticipate
and if they do then you can anticipate
and if they do then you can anticipate potential sales but also just people
potential sales but also just people
potential sales but also just people knowing about you hearing about you
knowing about you hearing about you
knowing about you hearing about you looking at your stuff attention is value
looking at your stuff attention is value
looking at your stuff attention is value right you can capitalize on attention
right you can capitalize on attention
right you can capitalize on attention somebody asked me what is my business
somebody asked me what is my business
somebody asked me what is my business how do i make money is I gather a ton of
how do i make money is I gather a ton of
how do i make money is I gather a ton of attention in the entrepreneurial space
attention in the entrepreneurial space
attention in the entrepreneurial space and then I capitalize on it and so it’s
and then I capitalize on it and so it’s
and then I capitalize on it and so it’s just kind of adjust in your philosophy
just kind of adjust in your philosophy
just kind of adjust in your philosophy work if you’re out there creating
work if you’re out there creating
work if you’re out there creating awareness before knowing about you that
awareness before knowing about you that
awareness before knowing about you that adds value that will come back your
adds value that will come back your
adds value that will come back your business in ways that you can’t even
business in ways that you can’t even
business in ways that you can’t even think about at the moment the extra
think about at the moment the extra
think about at the moment the extra little gravy and maybe curveball that I
little gravy and maybe curveball that I
little gravy and maybe curveball that I would throw to you is I would then
would throw to you is I would then
would throw to you is I would then whatever store I work with try to make
whatever store I work with try to make
whatever store I work with try to make that store success anything that I’m a
that store success anything that I’m a
that store success anything that I’m a part of any any business any person I’m
part of any any business any person I’m
part of any any business any person I’m helping I want that person to do well if
helping I want that person to do well if
helping I want that person to do well if you are around me I want you to do well
you are around me I want you to do well
you are around me I want you to do well I want to be a part of your success I
I want to be a part of your success I
I want to be a part of your success I don’t want you to be mediocre and so if
don’t want you to be mediocre and so if
don’t want you to be mediocre and so if i had my art that was what i was doing
i had my art that was what i was doing
i had my art that was what i was doing in a store that I would work with that
in a store that I would work with that
in a store that I would work with that store to build their own awareness I
store to build their own awareness I
store to build their own awareness I would try to have events at that store I
would try to have events at that store I
would try to have events at that store I would follow that store in social media
would follow that store in social media
would follow that store in social media I would promote them on social media I
I would promote them on social media I
I would promote them on social media I would try to get close to their founder
would try to get close to their founder
would try to get close to their founder whoever the manager is and do things
whoever the manager is and do things
whoever the manager is and do things with them that would that would help
with them that would that would help
with them that would that would help them in a full circle way it helps you
them in a full circle way it helps you
them in a full circle way it helps you but it’s just being a part of helping
but it’s just being a part of helping
but it’s just being a part of helping people who are a part of your life and
people who are a part of your life and
people who are a part of your life and your business I think is important so
your business I think is important so
your business I think is important so yes is the date of the analytics the
yes is the date of the analytics the
yes is the date of the analytics the will this you know company this store
will this you know company this store
will this you know company this store helped me sell more of my product but
helped me sell more of my product but
helped me sell more of my product but then I take it to the next step
then I take it to the next step
then I take it to the next step and tap into their heart and have
and tap into their heart and have
and tap into their heart and have anybody who is associated with you in
anybody who is associated with you in
anybody who is associated with you in any way start to rise up start to do
any way start to rise up start to do
any way start to rise up start to do better start to have more results just
better start to have more results just
better start to have more results just by being around you when you create that
by being around you when you create that
by being around you when you create that aura then you’re going to start
aura then you’re going to start
aura then you’re going to start attracting the right people into your
attracting the right people into your
attracting the right people into your life the right customers into your life
life the right customers into your life
life the right customers into your life the right partners and media and
the right partners and media and
the right partners and media and investors and suppliers into your life
investors and suppliers into your life
investors and suppliers into your life so go out and create that or I went on a
so go out and create that or I went on a
so go out and create that or I went on a little curveball out there that wasn’t
little curveball out there that wasn’t
little curveball out there that wasn’t expecting but that’s how we roll God
expecting but that’s how we roll God
expecting but that’s how we roll God have a great meeting with YouTube and I
have a great meeting with YouTube and I
have a great meeting with YouTube and I was excited to make this video so thank
was excited to make this video so thank
was excited to make this video so thank you guys so much for watching I would
you guys so much for watching I would
you guys so much for watching I would love to know your thoughts on
love to know your thoughts on
love to know your thoughts on consignment how have you use it have you
consignment how have you use it have you
consignment how have you use it have you had success with it pros and cons from
had success with it pros and cons from
had success with it pros and cons from your own personal experience or if
your own personal experience or if
your own personal experience or if you’re thinking about it let me know
you’re thinking about it let me know
you’re thinking about it let me know leave a comment below thank you guys so
leave a comment below thank you guys so
leave a comment below thank you guys so much for watching continue to believe
much for watching continue to believe
much for watching continue to believe and I’ll see you soon my arm is getting
and I’ll see you soon my arm is getting
and I’ll see you soon my arm is getting tired from holding who
”
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