Codie Sanchez Profile picture
May 3, 2021 17 tweets 5 min read Read on X
He makes $15k a month off plants?

Maybe PLANTS should be your next biz? Or wait for our plant tax credit play manana 😱

How to profit off plants (the legal kind 🤫):
U.S. house plant sales have increased by 50% in the last 3 years.
- collective spending value to a whopping $1.7 billion!
A $250,000 tree? Weird flex…
Apparently, mega-cars are so 2009, today = boujeeiest of zen gardens.
- WSJ says there’s an entire lux market for finding old cool trees, buying them, then shipping them to mansions & hotels.
Can you buy tree futures??
- I'm sure gonna check my land for trees I can sell before I ever have to cut one again.
thoughtco.com/trees-for-sale…
Saw this trend first hand at my local nursery doing what apparently all us chicks do, buy some mfing succulents.

- I wanted this guy: The Staghorn Fern.
So I looked at the price tag…
IT WAS $6,000 DOLLARS.
LIKE U.S. DOLLARS.
Like 3 ETH.
WTF?

Turns out the Staghorn isn’t alone:
Why? We Millennials are weird:
1. People are waiting to have kids or just don’t want kids. I mean parenting during a pandemic 😶
2. Prefer renting over owning (“preference” ahem “priced-out”).
3. Nature ain't cheap... Home Depot = camp ground.
Secrets:
- You can buy 1 plant, get anywhere from 5- 25 cuttings (baby plants) a year.
- Where else do u buy 1 product and it produces other products for you to profit off of?
Check out these #'s:
Marcus Kirby was a server at a Chicago Native Foods.
Now?
He’s the founder of Succulent City, a houseplant store raking in $15K a month
- 70% profit margins
Here's the How: First Where to Sell?
Option 1: Etsy- get high-quality pics, research to make sure prices align w marketplace & double down on good branding/descriptions

Option 2: Launch website & leverage IG/ FB ads. Marcus makes $15k/month w/ just 7K IG followers.
Fiddle Leaf Fig it To Me:
Not all houseplants are created equal.

- Most popular are low maintenance which translates to low light and watering needs
- OR - special hard to find ones - that go for 10's or $$$

Hop on google trends....
Margin Increase:
Set yourself apart and justify a higher price easily by pairing your plants with a trademark planter box or arrangement style.

Marcus sells unique planters, increasing his order size & margin.
How do I find these fing golden plants??
1 - Grow yourself.
First batch from nursery/seed then propagate & multiply stock. Easy to learn on YT

2- Buy in bulk from growers.
Essentially dropship plant selling. Could be a local nursery w full-grown plants or seedlings
Regulations + shipping is a b*tch
Understand what your shipping restrictions
- vary from state to state AND from plant to plant
- (another good reason to limit your product options)

USDA has a nifty chart
Ship it To me:

1: Ship yourself (FedEx has a packing guide for plants.)
Few things to remember:
Plants need to breathe
Waterproof bags
Fragile disclaimer
Extra cushioning

Option 2: Outsource through drop shipping services or partner w grower
Doesn't matter if you're a stay-at-home parent looking for some extra cash or a serial entrepreneur, this is a space RIPE for disruption and new hustles to emerge.

Don't let Silicon Valley have all the fun (3 startups raised $100M+)
Also, we're dropping a thread a day for the next 30 days (generally on cash-flowing business ideas) so make sure to SMASH that follow button so you don't miss ANY of these

And check out my newsletter, link in bio ;)

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More from @Codie_Sanchez

Jul 18
A study was published on how personality traits relate to life satisfaction.

The no.1 trait of people satisfied with life?

“Having a lot of fun.”

Here’s what else they found: Image
These are the top 10 traits that go with LOW life satisfaction:

10. Often bored

9. Avoid responsibilities

8. Often need help
7. Hate to hear about the successes of others

6. Postpone decisions

5. Afraid of many things

4. Often feel tired
Read 13 tweets
Jul 17
She’s blacklisted by the Clintons.

Yet Joe Rogan said she’s the best politician he’s ever seen.

I sat down with Tulsi Gabbard to talk about her time in politics, and what's really going on in America right now.

7 interesting takeaways: Image
Leaving the DNC

Tulsi was elected to Hawaii House of Representatives in 2002 as a Democrat. She ran Dem for each position since then.

Until 2022.

I asked if it was hard to leave the party... Her answer:
She’s now an Independent, guided by:

• What it means to be an American

• What freedom means for Americans

• How to build a society where life, liberty, & the pursuit of happiness is real
Read 9 tweets
Jul 13
Uncomfortable truth:

You can get rich doing almost anything.

I met a guy who did it with shipping containers. He's now doing $15M/yr.

Here’s how he did it: Image
Meet Bob.

He was sick of his software engineer 9-5.

So he saw opportunity where others saw... well, big metal boxes.

He started with a $3,500 shipping container. Sold it for $35k. In 3 weeks.
But Bob didn't stop there.

This wasn't a one-off project.

It was a trend the market hadn't caught up to yet: People wanted cool, affordable spaces.

And shipping containers could turn into houses, bars, bathrooms, you name it... Image
Read 16 tweets
Jul 2
Underrated pricing strategy:

Price Skimming.

Why?
• Make back R&D fast
• Scoops up more customers over time
• Maximizes profits from early adopters

7 companies that win with this method: Image
First, what IS price skimming?

It's a strategy where you charge a high initial price, then lower it over time.

You snatch up immediate demand at the highest possible price... but you get price-conscious shoppers later too.

Here's how 7 companies price skim:
Apple

Want the latest phone? Pony up $1k+

But the iPhone 13? Less than half that.

Apple's played this game for years, raking in billions from early adopters before dropping prices for the masses. Image
Read 11 tweets
Jun 27
This guy's worth 100s of millions, a hedge fund manager, pro poker player, author...

And one of my favorite humans ever.

Steal these 5 lessons from him on high performance (& low-performing friends): Image
1. Is Your Thinking Too Small?

This is a story from one of the first times I met Bill Perkins.

I'm not exaggerating when I say his words changed my life. They power me daily.

"Has small infected your thinking?"
2. Find the Billionaire to Your Millionaire

The goal:

Friends who are so interested in seeing you succeed that they see you as larger than anything you can imagine yourself.

Often, these people are richer than you & have a better view of your path.
Read 8 tweets
Jun 26
What no one tells you about being a CEO.

1. If you want to be the boss, first be the top performer where you are. Image
2. At the start, CEO is Chief Salesperson. Your entire job is cashflow.

3. Your goal is to build a company that runs better without you.
4. If you’re growing fast, your number one job as CEO is to replace yourself every 3 months.

5. You can usually tell if a startup will win or lose by one thing... Do they ship product fast? The best CEOs push for action.
Read 13 tweets

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