Lecture Notes: Business Contracts and Market Predictions

Key Topics

• Contracts and MSAs
• Revenue Projections
• Current Retail Climate
• Supply Chain Issues
• Market Demand and Solutions

Contracts and MSAs

• Contracts have been signed and are considered live.
• MSAs (Master Service Agreements) have been signed, ensuring commitment from both parties.

Revenue Projections

• The goal is to achieve $3 million in revenue next year.
• There is confidence in reaching this target, although no absolute guarantees can be made.

Current Retail Climate

• The retail business is highly unpredictable at this time.
• There is predictability in the negative outlook due to current market conditions.

Supply Chain Issues

• Supply chains are facing significant challenges, impacting inventory turnover.
• Example: Nike experiencing $250 million losses due to unsold inventory.

Market Demand and Solutions

• Brands are in need of efficient solutions to sell goods rather than focusing on trends like the metaverse or NFTs.
• The business provides solutions that help brands sell efficiently amidst current challenges.
• Demand for services is high, with more brands interested than capacity allows.