Bootstrapped @culturekings to a $600M exit. Now building AI first companies. Daily notes on demand creation, ecom, operators, AI and founder leveragebeard.com Gold Coast, QueenslandJoined January 2023
Putting the hat on a wall and hoping would've left every one of those moments to chance.
We built a sequence around the product, from the first conversation to the next colourway.
Before you add another SKU, look at where customers give up on the one you've already got.
We also released a new colourway every Friday.
A customer who'd found their fit had something fresh to come back for.
That first good experience could lead into a repeat purchase.
The sale didn't have to end when they walked out of the store.
We sold $240 million worth of the 9FORTY A-frame at Culture Kings.
But developing the hat was only part of it.
I deliberately put it where customers couldn't reach it themselves.
That decision started a sales sequence most retailers leave to chance.
The danger is drifting between the two.
Too bloated for great cash flow.
Too ordinary for a premium exit.
Too dependent on paid traffic to feel safe.
Build something a competitor can’t copy in five years.
Or build it to pay you every month.
Both can win. Pick one.
Building a cash machine?
Keep the team tiny. Automate. Avoid fixed overhead. Test fast. Pull cash out.
Building a brand?
Reinvest. Develop unique products. Build retention. Own the customer relationship.
Pick the game. Build accordingly.
Ecommerce is splitting into two winning models:
1. Tiny teams printing cash.
2. Real brands building moats.
The middle is where brands will die...
Here’s how to tell which game you’re playing 🧵
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