Costs to Buy and Operate the LZ Compound
Video Statistics and Information
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Channel: Adam LZ
Views: 296,491
Rating: 4.9775233 out of 5
Keywords: adam lz, Lz compound, Money, Income, Buy, Purchase, Company, Net worth, Expenses, Payroll, Employees, Drift, Drifting, Formula drift, How much money, Million, adam lz, Lz compound, Money, Income, Buy, Purchase, Company, Net worth, Expenses, Payroll, Employees, Drift, Drifting, Formula drift, How much money, Million
Id: E0IzQ1JGElw
Channel Id: undefined
Length: 24min 32sec (1472 seconds)
Published: Fri Jun 11 2021
Please note that this website is currently a work in progress! Lots of interesting data and statistics to come.
I find his business and financial videos extremely interesting. It's mind blowing the amount of money the operation costs a month!
Great insight, would like to know how many employees he has shocked he gave out that much info. Talk about stress... Sheesh
Here's Adam all upfront and open with the compound costs and Rubdick won't even say how much he got for those 2 Miatas'.
This was one of the most interesting videos he's made, obviously personally speaking.
I really hope Adam’s big announcement is with LZMFG, I would be stoked to buy parts from him as a form of support, but I don’t have a car that needs a plaza man manifold or an ECU master set up. If he can get a deal to start distributing a ton more performance parts, I’d be his first customer.
$30k a month payroll must not include the FD guys. If Johan isn't making at least 80k a year, that's kinda shitty.
I just did the quick maths, he said his overall expenses last year were 1.1m and total income is aprox 10% of his revenues it puts him at around 1.22m in revenues. Depending if his expenses exclude taxes it would be more but not enough to change the numbers that much. So LZMFG is making around 122k net (plus minus 25k Id say). I think its really great considering he pays himself a salary, buy cars, parts and all all included in the expenses and the company still have money remaining for growth and investment. Of course it is considering his 2020 fiscal year which seems to be smaller than 2021 will end up being for him
My guy LZ is sturdy with the financials. Respect.
good video. amazing the money that can be made on youtube but also people don't really consider the expenses associated.