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Transcripts For CNBC The Profit 20240712

You said, we can sell anything, and i think i need to put that to the test. But if they cant put aside their pride and arrogance. Parker im pretty sure that i ran the biggest business before out of all of us. Travis ive actually done more than you in three businesses that ive owned. You havent taken the time to learn [bleep] lemonis . And prove to me that they can achieve the goals ive set for them. Have you figured out your specific business entirely . Taylor no. Lemonis well, what the [bleep] nobodys stopping you from figuring that out. Taylor were trying. Lemonis . Theyre gonna lose this follower for good. Taylor this is where we think we can add the most value because we just lemonis well, youre not gonna add the most value by getting it and pissing people off. Thats not a good way to add value. 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

Transcripts For CNBC The Profit 20240712

Lemonis thatd be like going to Baskin Robbins or 31 flavors and them saying, sorry, we only have 20. Hes letting down his employees. Ovie itd be nice if my own opinion mattered. Lemonis itll be a giant [bleep]show unless you guys are on the same page. And with a new baby at home, he feels like hes letting down his family. Tony my wife, steph, is an absolutely trouper. Shes so understanding, but i know she deserves so much more. Lemonis if i cant help him see what hes done wrong. Tony i guess i just had visions of grandeur. Lemonis . And where he needs to go next. I want to literally start new. This business will evaporate. Tony this is a little can we get off camera for this . This is, like, crazy. Lemonis my name is Marcus Lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings going to change. Everyth

Transcripts For CNBC The Profit 20240712

You said, we can sell anything, and i think i need to put that to the test. But if they cant put aside their pride and arrogance. Parker im pretty sure that i ran the biggest business before out of all of us. Travis ive actually done more than you in three businesses that ive owned. You havent taken the time to learn [bleep] lemonis . And prove to me that they can achieve the goals ive set for them. Have you figured out your specific business entirely . Taylor no. Lemonis well, what the [bleep] nobodys stopping you from figuring that out. Taylor were trying. Lemonis . Theyre gonna lose this follower for good. Taylor this is where we think we can add the most value because we just lemonis well, youre not gonna add the most value by getting it and pissing people off. Thats not a good way to add value. 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

Transcripts For CNBC The Profit 20240712

We need to tweak it. Lemonis his sales pitch definitely needs work. Lemonis ethan is concerned about needing more space i think you guys have done a [bleep] job explaining to them why they need to own it. As the business continues to grow, but in order to accommodate that growth, and his Business Plan needs a reality check. You dont have to actually just get bigger yourself, i think your numbers are obscenely wrong. You can find Strategic Partners you can get help from. If i cant get him to loosen up and work on collaborating. And so, im taking them to miami to rocket trailers, ethan i think there were a lot of people that were saying the same thing about a car, a company that understands the marine space when henry ford came out with the car. And, quite frankly, can build any trailer they were happy with the horsedrawn carriages, for any size product. But i think that, you know, longterm, worked out in a different way. Mario whatever you want custom, you can get done. Lemonis . This c

Transcripts For CNBC The Profit 20240713

Im marcus lemonis, and i risk my own money to help businesses. I love investing in american businesses. Woman 2 i work here because i 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. Ive always been interested in investing in the multibilliondollar Leather Industry because it allows for great margins and great sellthrough. About a year ago, i received an application from a Company Called lumillamingus, which was started about 6 years ago and continues to struggle. How are you . Lulu hi im great. How are you . Lemonis im marcus. Lulu oh, its so nice to meet you. Lemonis are you lulu . Lulu thanks for coming. I am lulu. Lemonis nice to meet you. Where are you from . Lulu guess. Lemonis wherever heidi klum is from. Lulu no, denmark. Shes from germany. Lemonis okay. Lulu yeah. Lemonis its not that far. Lulu close enough, close enough. So this is actually the production faci

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