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Inventive Expert | Business Brains and Bold Moves 🧠💡
Devin @ Miller IP
112 episodes
1 day ago
Learn from the founders and small biz pros who’ve “been there, messed that up, and figured it out anyway.” 😂 Each episode brings sharp advice, real stories, and smart strategies from people who actually walk the talk. Whether you’re bootstrapping or scaling, Inventive Expert helps you skip the fluff and get the good stuff. 🚀
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Entrepreneurship
Business
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All content for Inventive Expert | Business Brains and Bold Moves 🧠💡 is the property of Devin @ Miller IP and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Learn from the founders and small biz pros who’ve “been there, messed that up, and figured it out anyway.” 😂 Each episode brings sharp advice, real stories, and smart strategies from people who actually walk the talk. Whether you’re bootstrapping or scaling, Inventive Expert helps you skip the fluff and get the good stuff. 🚀
Show more...
Entrepreneurship
Business
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"The Truth About Contact Lens Profits" Expert Advice For Entrepreneurs w/ Erica Buyalos
Inventive Expert | Business Brains and Bold Moves 🧠💡
21 minutes 24 seconds
1 year ago
"The Truth About Contact Lens Profits" Expert Advice For Entrepreneurs w/ Erica Buyalos

I think the biggest myth is that profit margins in this industry are huge. In reality, contacts are very expensive. Many people spend upwards of $200 on an order, but the profit margin for companies like ours is often less than 30%, sometimes even below 20%. This is largely due to the involvement of middlemen like Johnson & Johnson and distribution companies. Despite the low margins, there's still a lot that can be achieved with the profits, and even a small profit margin can be used for a lot of good.

Inventive Expert | Business Brains and Bold Moves 🧠💡
Learn from the founders and small biz pros who’ve “been there, messed that up, and figured it out anyway.” 😂 Each episode brings sharp advice, real stories, and smart strategies from people who actually walk the talk. Whether you’re bootstrapping or scaling, Inventive Expert helps you skip the fluff and get the good stuff. 🚀