The Ledger

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Disclosure
GoSun accepts 10% margins on $100,000 tiny homes to drive solar adoption
“We're not going to have a great margin on the tiny home, you know, 10 or 15% on something that's a hundred grand, that's 10 grand great. But it's really about, you know, getting people into using our products and relating to our products in these different way…”
Patrick Sherwin Dec 25, 2020 ▶ 15:37 How GoSun Sold 50,000 Units, $4m Revenue, 250k Community, Software Next?
Disclosure
GoSun Flow Hub achieves 60% gross margin on $223 retail price
“Well like off the top of my head, it's going to be somewhere around 80 bucks. And so we get, we try to push for margins, gross margins that are over 50%, somewhere around 60 on something like this.”
Patrick Sherwin Oct 2, 2021 ▶ 7:06 Solar Power eCommerce Brand Hits $5m In Sales, 100,000 Customers, Software Next?
Disclosure
GoSun expanded its product line into manufacturing 22-foot solar-powered tiny homes
“We recently launched a tiny house. Which is literally, you know, an entire home on wheels, 22 foot long, and it generated a huge amount of interest, and we're getting into manufacturing tiny houses now.”
Patrick Sherwin Dec 25, 2020 ▶ 9:24 How GoSun Sold 50,000 Units, $4m Revenue, 250k Community, Software Next?
Disclosure
GoSun secured over ten $500 deposits for its 2021 tiny houses
“We're well over 10 and we're, you know, we're definitely on our way to our first 10 units in production. For 21.”
Patrick Sherwin Dec 25, 2020 ▶ 15:12 How GoSun Sold 50,000 Units, $4m Revenue, 250k Community, Software Next?
Disclosure
GoSun team expands to approximately 15 employees
“We're up to about 15 now. We've had to hire another engineer. We've got a sourcing professional now.”
Patrick Sherwin Oct 2, 2021 ▶ 14:07 Solar Power eCommerce Brand Hits $5m In Sales, 100,000 Customers, Software Next?
Disclosure
GoSun founder Patrick Sherwin took no salary for his first four years
“I didn't pay myself until 2017. So it was about four years after the first launch.”
Patrick Sherwin Dec 25, 2020 ▶ 4:07 How GoSun Sold 50,000 Units, $4m Revenue, 250k Community, Software Next?
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