£30,047.83 ($40,203.40 USD) in a Month

£30,047.83 ($40,203.40 USD)

I'm back, apologies for the absence. My posts have been slower recently due to some large operational changes taking place within my business. It’s been busy, for sure.

After a month or so of implementing these changes (product, website and marketing improvements), I was ready to advertise again.

I started back up around mid august, I closed that month with about £14k in revenue. September, I managed to hit just over £30k.

This time around, l've been considerably more profitable than before. My margins are better, my products are better and I now work directly with a supplier / manufacturer instead of using a third party fulfilment service like CJdropshipping or AutoDS.

For October, my plan is to double the Ad spend for a while and see how it goes. If I'm on track to stay roughly the same and hit £55k-60k, we're all good.

If all goes to plan, the growth during October will be used to fund a customer service worker. I'll then be launching our planned Black Friday Ads and getting them warmed up for the big day / weekend. This will be followed shortly by a Christmas promotion.

Whatever happens during November and the Holiday season will be a learning experience, this will be first my time in business during the holiday period period. I'm honestly just looking forward to seeing what happens.

I've briefly discussed with my supplier / manufacturer about the potential acquisition of my business if I ever decided to sell it. It turns out, they're quite a large company and seem to like the idea of it. Again, it was just a brief conversation. I would however, quite like to use this holiday period to prime my business for an exit. l've done the maths, and this company I'm building is of incredible to value to my supplier. If they're already making a margin selling to me, imagine the margin they’ll be making selling directly to my customers.

£30,047.83 ($40,203.40 USD)

I'm back, apologies for the absence. My posts have been slower recently due to some large operational changes taking place within my business. It’s been busy, for sure.

After a month or so of implementing these changes (product, website and marketing improvements), I was ready to advertise again.

I started back up around mid august, I closed that month with about £14k in revenue. September, I managed to hit just over £30k.

This time around, l've been considerably more profitable than before. My margins are better, my products are better and I now work directly with a supplier / manufacturer instead of using a third party fulfilment service like CJdropshipping or AutoDS.

For October, my plan is to double the Ad spend for a while and see how it goes. If I'm on track to stay roughly the same and hit £55k-60k, we're all good.

If all goes to plan, the growth during October will be used to fund a customer service worker. I'll then be launching our planned Black Friday Ads and getting them warmed up for the big day / weekend. This will be followed shortly by a Christmas promotion.

Whatever happens during November and the Holiday season will be a learning experience, this will be first my time in business during the holiday period period. I'm honestly just looking forward to seeing what happens.

I've briefly discussed with my supplier / manufacturer about the potential acquisition of my business if I ever decided to sell it. It turns out, they're quite a large company and seem to like the idea of it. Again, it was just a brief conversation. I would however, quite like to use this holiday period to prime my business for an exit. l've done the maths, and this company I'm building is of incredible to value to my supplier. If they're already making a margin selling to me, imagine the margin they’ll be making selling directly to my customers.