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Day: August 16, 2018

Wholesale Business: How to Start a Beverage Distribution Business

Combine Wholesale Distribution with the Beverage Industry and you get one of the most profitable and fun businesses in the world.

This article will give you an introduction into this great business, how you can start and how much money you can make on each case of beverage sold. Is beverage distribution for you? Find out right now.

Beverage distribution is one of the easiest and most profitable businesses I’ve seen.

I like it because you don’t need a lot of customers to make a lot of money. You can easily make an extra $5,000 with a few customers.

You will see why beverage is one of the best businesses in the world. I started in beverage while I had my tool and novelty distribution business. I was looking for new products, products that I did not need to exchange so often and that I could sell over and over again to the same customers. This last part was key.

You see, when I was selling tools I figured that I could sell up to 1,000 tools per day or more but every customer was unique. In other words, if you buy a hammer at a store on Monday chances are you will not go on Tuesday and buy another Hammer. Even if it only costs $1.98!

Don’t get me wrong, the “tool distribution business” is a wonderful business and I still love it. I was just looking for another type of product to add to my current items.

I figured out that in order to sell the same product over and over again it would have to be a food product. So I started going to trade shows and looking at chocolate, potato chips, candy, and other products. I even looked at name brands like Hershey’s. The problem was that I could not buy directly from the manufacturers and the profit margins were super low, about 12{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc}. I was used to up to 70{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} profit margins.

Finally I ran into a beverage manufacturer of an Energy Drink. They were just starting with their product and it was easier to become a distributor.

Now let me tell you a bit about Energy Drinks. Energy Drinks are the new Super Profitable products. Everybody makes money, the manufacturer, the distributor and the retailer. You see, Energy Drinks sell for $1.99 to $2.40 at the stores for 8 to 16 ounces. This is incredible if you consider that you can buy a soda that’s the same size for $0.50 to $0.75. Even a 20 ounce soda runs you about $1.25.

Distributors love the product because they make about $8 per every case they sell compared with about $2 to $4 for their other products.

Let’s get back to the Beverage Business. The great part of this business is that if you have only one customer going into the store buying your product you sell at least 1 case of that product per month.

You see; if you sell a soda someone can buy …

Act Like a Millionaire

Did you know that there are now 10.1 million households in the US with $ 1 million or more in investable assets, excluding the value of their primary residence? This is from a 2015 article by CNBC. What do these folks do and how do they act? Let's talk about money in a way that might shift your view of rappers, like 50 Cent, posing with stacks of movie prop cash to create the illusion of immunity wealth as it navigates our banking system. Heck, let's just talk about money.

I read an article recently, written by Dan Kennedy who is internationally recognized as the "Millionaire Maker," helping people in just about every category of business turn their ideas into fortunes. His article was published in my business coach's newsletter. My coach, Richard James gets his coaching from Dan Kennedy, so by default, I receive the benefits from Dan Kennedy too. Since the primary focus of my law practice is to help my clients attain freedom from their debts, I focus much of my articles on money.

According to Dan's article, entitled, "the 5 'tools of the mind' you need to become a millionaire thinker," lays the universal foundation that most people think about money in a negative way like, "worrying, budget-wrestling, can ' T afford, and jealousy of others. " I'll add that we feel guilty when we can not pay our debts and feel an awful MORAL obligation to repay our debts. I believe that it is our thoughts about money that keep us perpetually stuck in a cycle of debt and poverty consciousness. I "m on a personal mission to wipe out the personal debts for my clients and partner with them to shift their perspectives about money, wealth and retirement through my bankruptcy practice.

What is Dan's secret? He says that your dominant thoughts are things and cited to Napoleon Hill's book, Think and Grow Rich. What this means is that if you're constantly seeing lack, you'll get more lack. If you're focused on thoughts that you can leverage, to initiate positive and right actions in your life, then you can kickstart your journey to a better financial life. It all starts with a decision; A choice.

Dan's five tools include planning, environment, reading, engaging in the right activities, and having the right associations. Have not you heard that you are the sum total of the five people you spend the most time with? I can tell you that I personally find that I grow in environments where I am not the smartest person in the room. I'm a student of life and soak up these environments like a sponge. Guess what? My business grew by 17{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} last year and is on target for a 40{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} growth in 2016. The bottom line is that we start with our thoughts and then take decent actions toward our goals.

This works by opening you up to opportunities you may have never considered, like bankruptcy to quickly eliminate your …