Joe t. i know. If it wasnt for you, wed all be up the [bleep] creek without a paddle. Lemonis i may have to cut my losses. Ive had enough. 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. I receive thousands of applications from people looking for my help, but none were more persistent than sammy lazoja from standard burger. So, earlier this year, i headed to Staten Island to meet him and his partners. Sammy its a pleasure to meet you. How are you . Lemonis how you doing . My First Impression was not good. Is the restaurant making money . Todd no. Lemonis how much are you losing . Covello 5,000, 6,000 a month. Lemonis their pricing was all over the place. Todd theres no
Ana listen, guys. I cant give you exact numbers. Lemonis im not going to write a check for somebody that doesnt have their [bleep] together. I wont do it. Im marcus lemonis, and i risk my own money to help businesses. I love investing in american businesses. Woman these people are here because they care. Lemonis its not always easy, but i do it to create jobs, and i do it to make money. Do we have a deal . Lets rock and roll. Man yeah lemonis this is the profit. I was contacted by a miamibased former lawyer named ana quincoces. She has a marinade and Sauce Company called skinny latina. Ana started the business 6 years ago, but so far, she hasnt been able to make the brand bigger than a regional product. The sauce and marinade industry is a gigantic opportunity, but i have two primary questions. Number one what makes this sauce stand out in a crowd . And number two is this a real business, or is this just a sidehustle . Woman Everything Else was on top of it, right . For the barbecue. L
Coronavirus crisis. This is two hours and 30 minutes. I want to begin by thanking our pannestist and esteemed members for joining us. This week our country passed a grim milestone, more than 100,000 americans have lost their lives due to the coronavirus pandemic. Thousands of americans continue to contract this virus every day. Over 150 more here in South Carolina on yesterday. And the day before, wednesday, marked our largest singleday increase of covid19 deaths. Local Community Leaders across the country, democrats, and republic ans need strong federal leadership to help them combat this deadly threat. Communities need federal help to get the protective equipment and testing supplies they need to protect their front line medical workers and essential employees. Unfortunately the administration is leaving it up to the states. Forcing them to compete against each other in order to purchase equipment and supplies from the private sector, leading to higher prices and greater shortages. W
Despite strong sales during the shutdown, especially from walmart. And times of trouble in the Housing Market u. S. Home building dropped by the most ever in april a lot of talk of a bottom has those housing stocks up as well today. Absolutely. But as you said, the Broader Markets near the session lows. Coming up on todays who, well speak with Eric Rosengren on the back of that congressional testimony from chair powell and secretary mnuchin. Well get his read on the economy and whether weve reached a trough in the data plus, well speak exclusively with jim fiterling as the Company Releases a return to work playbook but lets focus in on the big stories were watch ing today. Mike is tracking the Market Action courtney has highlights from retail earnings. Mike, you and the market just selling you have a bit, but of course only lightly following yesterdays big rally. Actually today is i think the narrowest range intraday for the s p 500 in three months and by the way, three months to the d
Lemonis if you dont like money, dont follow my process. Lemonis i make the tough decisions. Lemonis were closing the store. Were done. Im not talking about it anymore. Lemonis i back them up, spending my own money. Its not always pretty. Man perfect flavor. Lemonis . But this is business. Lemonis you got to trust the process. Lemonis i do it to save jobs, and i do it to make money. Lemonis thanks for your business. Lemonis this is the profit. Queens, new york, is a dense and diverse world of cultures and businesses. And its home to artistic stitch, an embroidery and silkscreening business run by sal loretta and nick meola. The Company Started 18 years ago in sals garage. Sal where we at with this job . Fabio itll be done today. Lemonis today, its become a 2millionayear business, the bulk of that revenue coming from uniforms, hats, and custom shirts. Fabio hey, thats one down. Here we go. Here we go. Lemonis two years ago, sal and nick decided to move their business into a 28,000squaref