My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. Based in long island, new york, vision quest is a fullservice lighting manufacturer, handling everything from concept development, design, engineering, and fabrication. Larry make sure it goes in like that. Nice and professional. Lemonis for years, owner Larry Lieberman experienced serious growth, churning out custom fixtures for such bigname clients like abercrombie fitch, chanel, and universal studios. Larry take it to disney. Lemonis but a recent drop in revenue has drawn larry into a vicious circle. Jason highlow is officially dead. Larry oh, no. Lemonis anxious to control costs, hes cut much of his staff, hampering o
Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. Five years ago, entrepreneur mark biren started wick[ed], a candlemaking company out of burbank, california. Along with his wife sam, mark has been able to get his candles into wellknown retailers such as Urban Outfitters and l. A. Celebrity hotspot kitson. Mark this one is definitely paid. Sam how do we know its paid . Mark call them. Sam okay. Lemonis but despite its initial success, wick[ed] has experienced a slump in sales and is struggling to keep its doors open. Mark doesnt look like urbans going to be reordering our predripped this season. [ sam groans ] lemonis the candlemaking industry is very competitive, and id never given it serious thought until i saw marks artwork. His knack for design is
We did a fullon renovation and launched a new product line. But the owner. Carolyn you almost put my family out of a house. Man i dont care. Lemonis . Still isnt taking her paycheck. But no matter how much you invest or how good your intentions may be, sometimes deals fall apart and partnerships go south. Sal i never did anything to try to break this deal whatsoever. Michael wheres my money . gina ill end you, bro. Michael i havent been paid for three years lemonis tonight, on the profit, a progress report. Michael im closing you down first lemonis my name is Marcus Lemonis, and over the past two years, ive introduced you to 23 Small Businesses across this country. Okay, lets go to work. Most of them struggling. Youve got to trust the process. Some just weeks away from closing their doors. Cut your losses and go home. But all of them looking for answers and help. Woman we certainly need your business expertise. Man absolutely 100 . Lemonis ive made deals with a Candy Company in jackson
Cant comprehend it. Sometimes youre dazzled by all the ways that this market gives you to make money. Big money. Today was one of those days. Dow climbing 78 points. S p gaining 0. 4 . Let me tell you how that money was made and then more importantly, plain the take aways from each win. Because i need you to understand that the gains in this market have been extraordinary. Why is that . Simple. Its because managements will not let up about their stocks being too cheap. They hate it and they keep doing something about it. Meanwhile, other companies are now coming in to buy the stocks of still other companies that they think the stock market isnt paying enough for and are worth a great deal more to an acquirer. And still other companies have so much growth that their stocks cant seem to do anything but go higher. House of pleasure. Lets start with everyones what everyone is buzzing about. The 85 hostile bid for time warner launched today by murdochs company. We all know that the companie
Its not good, might be excellent, wait a second, its trading down, lets go over the quarter again, maybe theyll explain things on the call or does the market have it wrong . There. Thats an accurate depiction what you hear behind the scenes during earnings heavy days like this one. Day where the dow gained 62 points, nasdaq climbed 4. 17 . Earnings season, earning season is a mad house and for the one week at the very height of each period right now, its a mad house where the guards have been locked up and the inmates have taken over the asylum. House of pain for 48 weeks out of the year, theres enough time for you to think before you make a judgment. But for four weeks a year where we are overwhelmed with earnings report, this week, you are up against terrible odds and making mistakes is all too easy. So how do you make things better . How do you handle the pressure during the height of earnings season . First thing, you avoid the battlegrounds those are total nowin situations. Right