Quitting a full-time job to start a $6M/year clothing brand

+ the impact of SharkTank and Metta World Peace on their business.

👋 Hey Failories! It's Nico over here.

It's been a crazy week with the launch of our first digital product on Tuesday. I'll be writing about the pre-sale next week. If you're new and want to know what I'm talking about, reply back to this email.

Two new great interviews today; the first one is with a startup that has gone to SharkTank and is currently making $6M in revenue - I completely recommend it!

This newsletter is sponsored by NerdPilots.

INTERVIEW

Buttercloth: Quitting a full-time job to start a $6M/year clothing brand

Danh Tran started his now-successful brand Buttercloth after finding dress shirts to be highly uncomfortable. He went all-in on his idea of making dress shirts as comfortable as t-shirts, even selling his house to fulfill his dream. Partnering up with Metta World Peace and getting into Shark Tank were the two of the moments that made the business start to take off. In 2019, they made $6M in sales with 7%-12% profit margins.

Read More +

Buttercloth

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INTERVIEW

How Depression Killed Thepresence, a Visual Website Builder

Inspired by the iOS app Launchpad, Miloslav Voloskov started drafting ideas to what eventually was called Thepresence. This aimed to provide a more modern and unconventional take on website builders. But this venture got shut down even before it was able to take off. A mental illness shutting down a business that could have changed the drag-and-drop website builder game? It’s more likely than you think.

Read More +

Thepresence

Hope you enjoy this week's stuff ❤️

Let me know if you have any questions or if there's any topic you would like to talk about ;)


- Nico

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Older messages

We've just launched our first eBook!

Tuesday, September 8, 2020

Based on last week's survey, we've created our first digital product. 👋 Hey Failories! It's Nico over here, with some amazing news... We've just launched our first digital product!

Turning $8k into a $30k/mo drug and alcohol testing business

Friday, September 4, 2020

👋 Hey Failories! It's Nico over here. On Monday I sent an email asking you for feedback on Failory's new project, which consists of launching our first digital product. 93 people have replied

What should Failory's #1 digital product be?

Monday, August 31, 2020

3-question survey. Takes less than 1 minute. 👋 Hey Failories! It's Nico over here. I'm sending you this email because I need your help. It won't take you more than 1 minute (I promise) and

$20k/mo SaaS: From Losing a Business Partner to Shut Down

Thursday, August 27, 2020

Watu is a shutdown staffing SaaS. Learn what happened! 👋 Hey Failories! It's Nico over here. Last week, our article on the most common startup mistakes went viral on Hacker News, which brought lots

Startup Mistakes: Lessons from 80+ failed startups

Thursday, August 20, 2020

We've analyzed the most common mistakes made by +80 failed startups. 👋 Hey Failories! It's Nico over here. A lot of new stuff today. I particularly recommend you the first article, which is a

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