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Interesting interview with virgil


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markup between wholesale and retail is around 30%, so theoretically he's making 30% of that, BUT, he wasn't paying labels so his net is much closer to 100%!

Even with his overhead (all of those "employees" and beer tours or whatever), he wasn't doing to bad. at least not bad enough to excuse all of his "grasping at straws" schemes.

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markup between wholesale and retail is around 30%, so theoretically he's making 30% of that, BUT, he wasn't paying labels so his net is much closer to 100%!

Even with his overhead (all of those "employees" and beer tours or whatever), he wasn't doing to bad. at least not bad enough to excuse all of his "grasping at straws" schemes.

Well, he still has to pay rent, bills, etc. out of that 30% markup. I'm no accountant, but limply not paying the labels doesn't actually make the money kept "net."

Point taken, though.

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