Advice. Im putting up millions of dollars of my own money. If you dont know your numbers, you just dont know your business. Ill work by their side. Ill put in the hours. cause i have the same risk that they do. Wheres accounting . Shes counting. No, wheres accounting . Um. Oh, my god. This business is a total mess. I judge businesses based on three things its pretty damn good. Most often, businesses fail because of people. I trusted people to manage. Thats not fair what are you talking about . Dont you even go there. Im not going anywhere. Youre strangling things. Back up. Im there to lead, but if they dont follow, this business doesnt make it. Youre a thief and a liar and a cheater. You didnt do what you promised. Get out of my face. All i hear is a bunch of noise. [crying] i dont want to lose my company. Ill make the tough decisions they wont. Youre being demoted. Anything to turn these unsuccessful businesses around. What the [bleep] is your problem . That people dont [bleep] want t
Deutsche banks restructuring cost went to 5 billion euros and push them to its 4th net loss in five year and shares rise for the second day a 3. 4 billion euro takeover bid. Well, as you can see, italian bank stocks are rallying this morning. The highest level in over two years after italy avoided eu disciplinary action. It expects the country to fall in line while they promise to reduce the deficit over the next two years. You can see there are almost 2. 8 unit credit particularly well this morning. 4. 6 higher. Also not performing quite as well as some of its peers though up 3. 7 . Now this broad based rally also underpinning the move. The spread between italian and jeremy ten year bond yields touched its lowest level in more than a year as they were near record lows you can see that distinction falling pretty sharply there at the end of the graph with the italian tenure down at 1. 639 and 10 year at negative. 388 now my colleague just got back from brussels last night and is immerse
Lemonis my name is marcus lemonis. On my show, the profit, i invest my own money in all kinds of companies. Everythings going to change. Everything. And help turn their fortunes around. Marijuana isnt my thing. Ive never even considered investing. Is the business easy for you . Andrea hell no. Theres nothing easy about this industry at all. Lemonis but the market here could reach 6 billion, and thats impossible to ignore. Adam we have this opportunity to create onceinalifetime, multigenerational wealth. Lemonis the risks are huge. Youre in a room filled with what the federal government considers illegal. Jeanette thats what makes it more exciting. Lemonis but so are the returns. Whats the end goal for you . Dan selling my company for 120 million. Lemonis im here to take you on a journey and show you where the profit is in pot. Im here in Desert Hot Springs, california. Now, many of you have probably never even heard of it. Its the forgotten son, the neighbor, to palm springs, where the
That she cannot do it all on her own. Erica i just love cooking on my own, without people telling me how to do it, and what to do. Lemonis . Southern culture will be cooked. Honestly, thats [bleep] up. 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. Erica hey, leyton, its erica over at southern culture. How are you . Lemonis in 2012, Erica Barrett launched southern culture artisan foods, a line of allnatural packaged food mixes, based in atlanta, georgia. Erica you and quinn are gonna be working on grits. Original grits, and then we need some truffle and sea salt, as well. Lemonis it had started as a side business, but as word of mouth spread, and the Product Offerin
Dede i just thought it was gonna be a great opportunity. Lemonis . This whole company will melt down. Sam i have tried to be honest and i have tried to be forthright lemonis you havent been honest at all. 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 is the profit. Lets go to work. [ applause ] in 2008, awardwinning chef alexa lemley and her wife, samantha aulick, started 240sweet a handcrafted marshmallow business just outside of indianapolis, indiana. Alexa good morning. Have you had our marshmallows before . Lemonis their gourmet marshmallows with artisanal flavors soon earned them a loyal following along with mentions in big publications likemagazine, and as the buzz grew, so did their sales, but