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Why 23-year-old YouTuber Vince Van Meer Launched his e-Commerce Business

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We have all heard the stories about young entrepreneurs making it big by creating apps and software programs, but one man seems to embody what being a successful entrepreneur is truly about.

He’s Vince van Meer, 23, who has been able to make millions by building and selling his apps and working as an e-commerce expert. His specialty is branding and social media management for big and small influencers, entrepreneurs, and organizations, depending on their specific markets, and aiding in building their e-commerce platform, marketing needs, and product development.

“I’m currently making millions running e-commerce and doing various things in social media marketing,” he said. “I made my first million when I was 20 years old. I worked and still work a lot on apps that other companies white label.”

Born in the Netherlands in July 1995, van Meer attended Grafisch Lyceum in Rotterdam, where he studied Interactive Design focusing on building apps, animations, games, websites and graphic design during his first year. He said he learned plenty, and by the second year, he turned his interests toward audio-visual design specialization and graduated in 2015. While he didn’t make a lot of money right away, he has certainly done so these days.

He recalled when he first started out by hosting a YouTube channel, he garnered hundreds of thousands of views and was making about $2-3K per month as a 15-year-old. He even worked at McDonald’s, although he was already making money with his English YouTube channel on gaming. A year later, he decided to leave and began filming festivals and events for $5 per hour, all while doing YouTube on the side. By his second year of college, he quit YouTube and kicked off his career in social media marketing.

Things weren’t always easy for him. However, after finishing school, he sold all his personal items, borrowed $300 from his grandfather, and got his own office. With no clients, no revenue stream, and no website, he was able to make a $900 profit doing internet marketing, all within a month.  The second month he made $2,000, and after a few months, he was doing about $10,000 per month.

Tasting freedom

One of the main reasons van Meer decided to do it alone is because of the freedom it brings. Van Meer said he wanted to work from wherever he wanted, as he loves traveling. Plus, he always liked being in business and working on his own projects, in his own timeframe.  And because his routines and work schedules are a bit different than most 9 to 5 jobs, he often works nights, and sometimes from an airplane. “It’s all about flexibility and freedom,” he said.

As for tips on being successful, he said, “Stay focused. Don’t overwork yourself. There are times where I sleep only 4 hours a night, but that’s because I really don’t want to be doing anything else. Those are times where I am super motivated and inspired. But when I feel the opposite, I take this time to get rest and live healthily. Don’t force it, or you’ll burn out.”

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

[QUICK GUIDE] How Much Does Home Warranty Coverage Cost? | Total Home Protection

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The average cost of home warranty coverage is between $300 to $600 per year, or $25 to $50 per month (Total Home Protection sits neatly inside this average with plans that range from $500-$599 annually.) Although, you are also required to pay an average of $75 per service call visit. Note, costs may vary based on where you live and the level of coverage you want to place on your home.

As a quick review, the standard fees are as follows:

  • Annual Payment: $300 to $600 per year
  • Monthly Payment: $25 to $50 per month
  • Service Call Fee: $75 per service call visit

Depending on your annual coverage limits, you may also have to pay for repairs that exceed your maximum coverage for a select number of items in your contract. The cost of this will depend on your home warranty coverage company. More on this below:

What is Covered by a Home Warranty Policy?

Home warranty coverage comes in many forms. And home warranty companies offer multiple plans in order to provide their policyholders as much value as possible.

In the case of Total Home Protection (THP), for example, CEO David Seruya describes their coverage plans as follows: “We offer two home warranty plans: Gold Plan and Platinum Plan. Both cover essential home systems and appliances; although the Platinum Plan supplies more extensive services.” THP’s coverage also extends its warranty to cover items despite the item’s age, make, or model, which means that they cover the cost of repair and replacements of all covered items, as long as the damages incurred are a result of natural wear and tear.

Is Home Warranty Coverage Worth the Cost?

To answer this question, let’s discuss the cost of repairs and replacements without home warranty coverage, which we’ve broken down below:

  • Cost of Repairs: The cost of repairing damaged items in your home without a home warranty will vary based on the item damaged. As an example, however, the average repair cost of a dishwasher is around $100 to $200. Not so terrible, as a whole. But then, let’s look at the average repair cost of an air conditioner, which can cost up to $160 to $530! Or, the cost of repairing a water heater, which averages at around $200 to $900!

Handling one or two repairs per year for these appliances and home systems might not seem so bad for the short term. However, when you consider the average lifespan of these items—which is around 10-15 years each—you can start to see that there is definite value in having home warranty coverage. Especially for those with older homes or with more items to protect.

  • Cost of Replacements: Borrowing from our previous examples: the average replacement cost of a Dishwasher is $300 to $600, replacing a water heater will take another $2,000 to $4,000, and a replacement heating system will cost a whopping $3,000 to $5,000.

Replacements aren’t required as often, of course. And, as mentioned, there are coverage limits that limit the amount of coverage you get per item, per year anyway. However, even when you consider these two factors, the value getting covered is clear when you compare the average cost of a home warranty ($500-$599 if you choose Total Home Protection) and the amount you’ll have to pay to replace one of the bigger ticket items in your home.

Review: Should You Purchase Home Warranty Coverage?

In the end, we’re left with one question: should you purchase home warranty coverage? Unfortunately, only you will be able to truly answer this. The average cost of a home warranty is $300-$600 per year, and that comes with more than $20,000 worth of coverage for your home per year.

Remember that, and then estimate the average cost of repairing or replacing the items in your home based on their average lifespan, and then compare that cost to the annual cost of home warranty coverage.

And, once you’ve got that all figured out, we recommend that you reach out to a home warranty provider like Total Home Protection, who can give you a personal quote on the best plan and the best coverage for you based on your budget and your home. They should be able to address any questions or concerns that you might have as well. And would be more than happy to help you through the process of understanding what exactly you’re signing up for.

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