I'm just wondering how can these billion dollar companies make so much money with slim profit margins? Like a normal person may go do their 9-5 job, they spend $10-$20 on gas or electricity, they make $150-$200 day before or after tax so they at least 15x their money if they paid $10 for gas and made $150. But I think Apple makes only 30% profit margin so does that mean every $100 they spent, they made $130 for $30 profit?
I have my arcade spreadsheet and I can usually do 300% to 375% profit based on retail value. Whatever I think the arcade tickets are worth but I try not to sell my stuff because you can lose value if your only goal is to get money. But based on my spreadsheet I only made $120 day going to Dave and Busters after reselling one console. I had a really high profit margin but I don't think most major companies have 300% to 400% profit margin.
Is Tesla profit margin like 30%? So if they spend $1 billion, they get $300 million profit? Can you just wing it and hope you're still profiting especially if most start up companies operate at a loss for over 5 years? Do you need spread sheets? How do companies plan on recouping their initial loss when they profit, or what if it just doesn't happen?
I have my arcade spreadsheet and I can usually do 300% to 375% profit based on retail value. Whatever I think the arcade tickets are worth but I try not to sell my stuff because you can lose value if your only goal is to get money. But based on my spreadsheet I only made $120 day going to Dave and Busters after reselling one console. I had a really high profit margin but I don't think most major companies have 300% to 400% profit margin.
Is Tesla profit margin like 30%? So if they spend $1 billion, they get $300 million profit? Can you just wing it and hope you're still profiting especially if most start up companies operate at a loss for over 5 years? Do you need spread sheets? How do companies plan on recouping their initial loss when they profit, or what if it just doesn't happen?
