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Financial challenges at one of my companies
A few weeks ago, I told my newsletter readers about the challenges I was facing at my DTC brand, Unbloat.
I said we’re pivoting from “growth mode” to “profit max.” (If you’re new here, welcome! That newsletter is here.)
I promised I’d share the detailed, behind-the-scenes story.
And now I will.
It actually may take a few emails to share the whole story.
This week, Superhuman launched a new team collaboration feature for email.
My team had early access. It’s amazing.
It lets us chat privately about emails before we respond.
It helped us close a $60k deal for this newsletter.
For today’s email, I want to give the backstory of Unbloat and how we ran into trouble.
It starts in 2021. I wasn’t doing anything. I was trying to figure out my next act, after 10+ years at Ampush. (This is before GrowthAssistant, Aux, Twitter followers, etc.)
I tried reading up on the latest trends. I talked to a bunch of companies. Investors suggested I raise money to “roll up” small e-commerce sites. I felt blah. Nothing got me excited.
Finally, one night, it hit me. I need to DO something. I’m an entrepreneur. After spending 10+ years helping others run marketing for e-commerce sites, I wanted to try my own. And mostly, I wanted to learn.
I moved super-quickly (too quickly in retrospect, as you’ll see).
I came up with a name: Poophoria.
Yes, Poophoria, named for the euphoric feeling you get when you have a great poop.