Nick Kullin, founder of Second Flight Consultancy, estimates his personal cash flow and net margin on 2016 revenue to Nathan Latka.
0:00 / 0:03exact quote · 3.5s
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“I would probably keep around probably half.”
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More from Nick Kullin
PredictionNot checkable as stated
Second Flight Consultancy projects $1.3M in 2016 revenue
“2016, we're actually already projecting to be 1.3 million.”
Nick KullinAug 2, 2016▶ 10:46EP 374: 13 yo Starts Business, Now $1.2M in 2016 with Nick Kullin
AssertionNot checkable as stated
Second Flight keeps approximately 70% margin on $5K monthly retainers
“So, like, let's say a client comes in, you know, and they're paying five grand a month. We typically can figure out and develop a kick-ass way to market them, but keep, like, I would say, 70% of the revenue.”
Nick KullinAug 2, 2016▶ 12:51EP 374: 13 yo Starts Business, Now $1.2M in 2016 with Nick Kullin
AssertionNot checkable as stated
Typical client lifespan at Second Flight is 12 to 14 months
“Typically, the typical lifespan is maybe 12 months, 12 to like 14 months.”
Nick KullinAug 2, 2016▶ 13:44EP 374: 13 yo Starts Business, Now $1.2M in 2016 with Nick Kullin
PredictionNot checkable as stated
Kullin projects his marketing academy will generate 30% of 2016 revenue
“I would say a solid 30%.”
Nick KullinAug 2, 2016▶ 16:02EP 374: 13 yo Starts Business, Now $1.2M in 2016 with Nick Kullin
AssertionNot checkable as stated
Kullin: Teenage YouTube promotion venture earned at least $20K
“At least 20 grand.”
Nick KullinAug 2, 2016▶ 3:37EP 374: 13 yo Starts Business, Now $1.2M in 2016 with Nick Kullin
Disclosure
Kullin made $170K total compensation at age 22 before quitting
“Base salary, a 120,000... Bonus for the year was around 50,000.”
Nick KullinAug 2, 2016▶ 7:40EP 374: 13 yo Starts Business, Now $1.2M in 2016 with Nick Kullin
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