We're planning to spend just about $3 Million in the month of November this year for BFCM
We will be spending about $1.5m on ads & another $1.3m on Inventory
Here's how we're financing the entire $3m Million, most of it interest FREE
Please RT to help others this Q4 ๐๐ผ 1/18 ๐๐ป
Ron Shah
11K posts
Co-Founder & CEO of @my_obvi | $100M+ in Sales | Advisor & Investor in 32+ Brands | SAAS Go To Market Expert | Grab a Time: ronshah.co
- 2022 made founders & operators realize that JUST knowing high level metrics such as revenue is not enough to survive in 2023 Capital Efficiencies, Cost Saving & Accurate Financials/Bookkeeping are more important than ever Here's 4 changes we made going into 2023๐๐ป RT if helpful
- Just finished my 67-page slide deck on how we scaled Obvi to $100M in 5 years with just 11 people. What youโll find inside: - Our negative cash conversion cycle strategy - Creative frameworks that actually convert - Email campaigns driving 7-figure revenue - How we got into
00:00 - How we boot-strapped $10,000 at @my_obvi & built it to $30,000,000 in just under 3 Years ๐ต Profitably ๐ซNo VC money ๐ซNo Equity Dilution AMA & please provide feedback, weโre still on our journey to $100m & learning RT if you find this valuable please ๐ My first ๐งต๐๐ป
- Iโve talked about the lack of financial education in eCom before, so let's help solve it Introducing Obvi Finance School: 15 pages of our approach to P/L setup, financial forecasting, and management reporting Follow, Like, RT & Comment "school" and I'll DM it to you
GIF - Replying to @obviceoI'm always on the hunt to understand if my books are "correct" & "reliable" since bookkeeping is filled with so much human error @Lioranpi from @FinaloopTeam asked me to onboard & check the financial health of my company with "real time" AI driven bookkeeping to compare accuracy
- Replying to @obviceoMyth #2: You can't start a business with $10K False. I'd argue its easier to start a biz with $10K & tools like @Parker_HQ & @payplastiq today then it was before Private Label. Low MOQ suppliers. Organic Tiktok. There's many levers to pull on to start a business w/ limited $
- We get at least 5 DMโs per day asking us about our tech stack at @my_obvi So here it is ๐ Backend: CMS: @Shopify Mobile App: @tapcart_app Tax Compliance: @NumeralTax P&L + Bookkeeping: @FinaloopTeam Credit Card: @Parker_HQ Customer Support: @gorgiasio Analytics:
- $0 to $128m per year in 6 yearsโฆ Thatโs how fast this brand scaledโฆ Hereโs one of the core reasons for their success
- Replying to @obviceoAs mentioned, @FinaloopTeam was step 1 in my journey to saving money - while finding efficiencies all while chasing accuracy Best Part: It's free to try. You can connect in less than 15 mins & experience the impact real-time financials has on decision making - often eye opening
- Iโm kind of over threads. Sorry for the disrespect last week @Twitter
- @FinaloopTeam is so excessively easy to use. On top of that, the team is incredible. Syncing is done at lightning speed and youโre basically getting a real time book keeper for the price of a part time intern.. Worth a demo..
- We spend about a $1m a month between advertising & op-ex As a boot-strapped D2C brand, I wish I had known to spend less time chasing cards w/ the best rewards or cash back & focused more on cards/tools that will help create a negative cash conversion cycle Why? Quick ๐งต๐



