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Nima Sotoadeh Profile
Nima Sotoadeh

@nimasoco

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Sharing thoughts on DTC, bootstrapping, and Peaty things | Founder @broyaliving

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Joined August 2010
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@nimasoco
Nima Sotoadeh
2 years
Hey, I’m Nima. I’m the founder of @broyaliving . We make bone broth from organic and 100% grass fed bones. Bootstrapped to 7+ figures. I tweet about DTC, health, and I enjoy a sporadic shitpost. I will own 22 cows one day and will produce a song to the sound of their 'moo'.
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@nimasoco
Nima Sotoadeh
2 years
First product launch in a few years. Bone broth in a can is now a thing.
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@nimasoco
Nima Sotoadeh
2 years
How to build a DTC brand to $1M/year (without falling flat on your face):
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@nimasoco
Nima Sotoadeh
1 year
Just out here chillin with Fred Again in CDMX.
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@nimasoco
Nima Sotoadeh
3 years
I just upgraded some of my bnb-rune to native rune and I'm officially a ThorChad. Thank you, @THORChain . Looking forward to the next #RAISETHECAPS !
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@nimasoco
Nima Sotoadeh
2 years
In 2022, we did $2,133,133 in sales at 10% EBITDA. Here's my team. No one is full time. Everyone is a contractor. I conduct the orchestra and try as hard as I can to not get in the weeds.
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@nimasoco
Nima Sotoadeh
5 years
@emilyca5 @chrismessina Meditation, compassion, and more/longer movement classes.
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@nimasoco
Nima Sotoadeh
3 years
2020 eCom Revenue: $163,400 November 2021 eCom Revenue: $159,600
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@nimasoco
Nima Sotoadeh
2 years
The Ido Portal and @hubermanlab podcast is going to be one the best podcasts you’ll ever listen to. Just trust me on this one.
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@nimasoco
Nima Sotoadeh
1 year
DTC brands doing less than $2M in revenue need to run a tight ship. Your DNA needs to have Lean Operator encoded into every cell of your body. Steal this so you don't unexpectedly crash and burn...
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@nimasoco
Nima Sotoadeh
6 months
@VERYCOOLLUKEY How we do it around here
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@nimasoco
Nima Sotoadeh
9 months
@BowTiedGatorDDS Sooo did you get her number?
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@nimasoco
Nima Sotoadeh
2 years
I’ve had a private label deal for the last 4+ years that brings in around $200K/year at 40% margins. Takes about 1 hour a month to manage. Time for a scrappy + bootstrappy thread. 🧵🧵🧵
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@nimasoco
Nima Sotoadeh
4 years
Shelley commented 3 different times going as far as calling our product bullshit. Sometimes we just want to have a conversation knowing that there's a human on the other side. Much love, Shelley. 💚
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@nimasoco
Nima Sotoadeh
4 years
@theSamParr How's this for transparency? Moved to my cottage in May so no rent expense. This is in CAD.
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@nimasoco
Nima Sotoadeh
1 year
I’m nearly 8 years into my first biz. No Cinderella story here. I own a small 7 figure bootstrapped CPG brand. I have an amazing team that removes stress from my life. I don’t have shiny object syndrome. I say no to 99% of things. I have hobbies. Life is good.
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@nimasoco
Nima Sotoadeh
2 years
Would you start an eCom business in 2023?
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@nimasoco
Nima Sotoadeh
2 years
The day has come. I am sad to say, we have canceled TripleWhale. It was fun while it lasted. I pray that my attribution will be okay.
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@nimasoco
Nima Sotoadeh
1 year
If you are a DTC brand spending less than $30K/month on ads DO NOT hire another agency without considering this comp structure…
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@nimasoco
Nima Sotoadeh
2 years
I’m really impressed with DTC ninjas who have bootstrapped their way profitably to $10M+. I’m paving the path to get there and there’s some real ninja shit that needs to happen. Let’s go Bruce Lee. 🥷
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@nimasoco
Nima Sotoadeh
2 years
@andruyeung As a Toronto native who left a year ago, I couldn't disagree more.
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@nimasoco
Nima Sotoadeh
2 years
Hero image refresh New Old
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@nimasoco
Nima Sotoadeh
2 years
@Codie_Sanchez My friend rented that exact place in Costa Rica. It’s $30k/month in high season.
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@nimasoco
Nima Sotoadeh
2 years
I've had a private label deal for the last 4+ years that brings in around $200K/year at 40% margins. Takes about 1 hour a month to manage. A small deal like this has helped me invest in growing the brand. Love these kinds of scrappy bootstrappy things.
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@nimasoco
Nima Sotoadeh
7 months
@haidut @dannyroddy Peaters everywhere now require much less T3.
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@nimasoco
Nima Sotoadeh
1 year
@thesamparr Seed oils are made of PUFAs (polyunsaturated fats), which have double bonds. Saturated fats do not have double bonds, thus are more stable. The double bonds in PUFAs are weak spots that can easily oxidize because of how unstable they are. Oxidation damages these fats, which is
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@nimasoco
Nima Sotoadeh
1 year
Went with a polarizing angle that is enjoying some delicious performance. Shoutout to @DaveRekuc for the tip. Shoutout to the angry vegans for the engagement.
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@nimasoco
Nima Sotoadeh
2 years
I don't have the biggest business or a crazy growth story. I'm not swimming in cash. But having a profitable business doing over 7 figures after fighting to figure it out for years feels good. And the money part is just one small piece of it.
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@nimasoco
Nima Sotoadeh
3 years
My #THORChad score is 855. Lol I love this gameification of being a ThorChad. Check out if you're a ThorChad here: #ProveYourChadness $RUNE @THORChain
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@nimasoco
Nima Sotoadeh
1 year
Our small and mighty brand @broyaliving is looking for a new Paid Media team: A bit about us: • Ad spend between $30-60K/month • < 3 months payback period • 2 new SKUs coming this year What I'm looking for: • Small team or individual media buyer • Great communication •
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@nimasoco
Nima Sotoadeh
3 years
We're live with our new packaging! What do you think?
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@nimasoco
Nima Sotoadeh
2 years
Here's the personnel that was required for me to bootstrap my way to $2M+ for Broya. Only 1 FT employee (me).
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@nimasoco
Nima Sotoadeh
3 months
@ItIsHoeMath Watched your last video with a close friend and she hated it. I loved it. Your perspectives make a lot of sense to me. I think it’s hard for some women to swallow. (Maybe many)
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@nimasoco
Nima Sotoadeh
1 year
This ad is what allowed me to scale from $100/day to $1000/day on FB in 2020. We re-launched it a month ago and it's still our best performer. Old packaging and everything. Wild how things work.
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@nimasoco
Nima Sotoadeh
1 year
Things early staged DTC founders need that most don’t have: - Accrual accounting - Weekly cash flow forecast - First Order profitability analysis - Offer testing strategy
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@nimasoco
Nima Sotoadeh
2 years
Couple 🔥 photos from our last shoot.
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@nimasoco
Nima Sotoadeh
1 year
UPDATE: 3 months later I received the trade agreement. We're launching in September. Send the email.
@nimasoco
Nima Sotoadeh
1 year
Sent this email to a buyer of a big retail chain after I got a 'no' this morning after 5 months of back and forth. Buyer immediately emails me back and tells me he's a fan of the product and to call him. Sometimes you just gotta put it on the line.
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@nimasoco
Nima Sotoadeh
2 years
If you’re new here, I’m Tim (friends call me Nima). I’m the founder of @broyaliving . We make bone broth from organic and grass fed bones. Bootstrapped to 7+ figures. My jam is eCom, health, and regenerative agriculture. Sharing the lessons learned along the way.
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@nimasoco
Nima Sotoadeh
9 years
"Statistics are invisible; anecdotes are salient." @nntaleb
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@nimasoco
Nima Sotoadeh
1 year
@marcepachecoe Makeno in Medellin is great.
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@nimasoco
Nima Sotoadeh
2 years
I will out LinkedIn you.
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@nimasoco
Nima Sotoadeh
2 years
Lindsayyyyyyyyyyyy sup girl?
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@nimasoco
Nima Sotoadeh
6 months
@cynomel 1-2 grams 1 hour away from food. Can use it in many scenarios: after consuming anything estrogenic usually or whenever gut is off. It’s a binder so will bind to everything it gets it’s tentacles on. Some people say to not consume regularly because it can deplete minerals. I’ve
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@nimasoco
Nima Sotoadeh
1 year
Lol man tough day for Attentive
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@nimasoco
Nima Sotoadeh
1 year
Sent this email to a buyer of a big retail chain after I got a 'no' this morning after 5 months of back and forth. Buyer immediately emails me back and tells me he's a fan of the product and to call him. Sometimes you just gotta put it on the line.
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@nimasoco
Nima Sotoadeh
1 year
Consistently blows my mind how long it takes to go from idea to having an actual product to sell with a consistent production schedule. It’s a slow and arduous process that no one seems to talk about.
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@nimasoco
Nima Sotoadeh
2 years
Well played on the order conf, @mbertulli .
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@nimasoco
Nima Sotoadeh
2 years
A friend recently had his 2nd successful exit. His advice: "don't 'plan' to sell, build a business that brings you $30K profit/month to live comfortably and do what you like. Sellers will be interested and you'll have more confidence to say no in negotiations."
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@nimasoco
Nima Sotoadeh
11 months
This view doesn’t get old.
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@nimasoco
Nima Sotoadeh
1 year
@JulianaLung Pretty close and super bomb.
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@nimasoco
Nima Sotoadeh
1 year
I created an automated response to every cold email. (Steal this) “We had all of our money in SVB.”
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@nimasoco
Nima Sotoadeh
10 months
Reaching levels of spend we have not hit before and planning to spend 5 figures tomorrow. How I feel right now.
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@nimasoco
Nima Sotoadeh
8 months
Testing testing.
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@nimasoco
Nima Sotoadeh
1 year
The submarine that shall birth the highest quality of bone broths.
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@nimasoco
Nima Sotoadeh
1 year
We haven't been under a $60 CPA since last September. Shit was getting ugly. Tweaks we've made: 1. Cost caps helping not overspend 2. Reviving old creative that is pumping 3. Higher quality UGC - not just spray and pray
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@nimasoco
Nima Sotoadeh
6 months
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@nimasoco
Nima Sotoadeh
11 months
@MoreCrazyClips Not crazy if you understand scapular strength. Rock climbers will smoke any one in it because they’re scapulas get the most complexity compared to any other modality.
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@nimasoco
Nima Sotoadeh
1 year
Who likes this shirt? 100% linen. Soft as butter.
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@nimasoco
Nima Sotoadeh
9 months
@ChrisMasterjohn About to attend my first ever Colombian wedding. Timely thread thank you sir.
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@nimasoco
Nima Sotoadeh
2 years
This is what I call DIALED. IN.
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@nimasoco
Nima Sotoadeh
2 years
im just a regular dude living on the beach in mexico running a dtc biz during the day spinning spicy beats at night in bed by ten pm up with the sun eating steak liver fruit n cheese and will soon own a farm with thirty two cows to feed my future wife an three kids simple man
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@nimasoco
Nima Sotoadeh
2 years
Create a Product With High Margins And by high margins, I mean 70%+ landed. Here’s a back-of-the-napkin breakdown of your business: • 20% COGS • 10% Shipping/fulfillment • 30% Acquisition costs • 25% Operating expenses • 15% Profit
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@nimasoco
Nima Sotoadeh
1 year
This is a @tobi and @harleyf appreciation post. Wagmi.
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@nimasoco
Nima Sotoadeh
8 months
My best move last year was working closely with a new advisor. He sold his 8 figure ecom biz in 2022 after only 3 years. He spent 10-15 hours/month with me. Completely transformed our way of doing things. From what I thought was going to be a down year after Q1 ended up
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@nimasoco
Nima Sotoadeh
2 years
Sold out of this puppy after we launched, but we are BACK BABY!
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@nimasoco
Nima Sotoadeh
2 years
The path to $1M is a lot easier with obsessive focus: - 1 product category - 1 marketing message - 1 sales channel - 1 geographic region Get rid of shiny objects.
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@nimasoco
Nima Sotoadeh
1 year
Just finished my search for a new paid agency. Here's how it looked: Week 1 - initial calls (22 agency's) Week 2 - audits + 2nd calls (7 agency's) Week 3 - final calls with advisor (2 agency's) Lots of great teams out there. Happy to share some things I learned. AMA
@nimasoco
Nima Sotoadeh
1 year
Our small and mighty brand @broyaliving is looking for a new Paid Media team: A bit about us: • Ad spend between $30-60K/month • < 3 months payback period • 2 new SKUs coming this year What I'm looking for: • Small team or individual media buyer • Great communication •
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@nimasoco
Nima Sotoadeh
1 year
@thesamparr SOME studies
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@nimasoco
Nima Sotoadeh
2 years
Big question I’m asking myself: Am I trying to operate a sexy profitable lifestyle business? Or Am I trying to focus on growth and get acquired? Not mutually exclusive, but definitely different strategies. Operators, how do you think about this Q?
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@nimasoco
Nima Sotoadeh
2 years
Last weekend I spent 3 days off grid at a small festival in Northern Ontario and got to play a DJ set with a few friends on a lake. It was pretty damn dreamy. Here’s a short clip.
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@nimasoco
Nima Sotoadeh
11 months
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@nimasoco
Nima Sotoadeh
2 years
Veganism was cool 5 years ago. The narrative is falling apart. - Decreases testosterone and thyroid levels - Kills more animals than animal agriculture - Way worse for the environment than regeneratively raised animals Nothing left to stand on.
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@nimasoco
Nima Sotoadeh
9 months
@AlexaKilroy Usually a supplement won’t fix it long term. If you’re waking up it means cortisol is spiking too soon and your glycogen stores are depleting too fast. Things to try: - magnesium bisglycinate - Theanine - taurine - glycine / bone broth - sugary snack like ice cream or yogurt
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@nimasoco
Nima Sotoadeh
2 years
Just locked up our first key retail account in the West Coast CANADA. 🇨🇦 We are going SNOWBOARDING!
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@nimasoco
Nima Sotoadeh
2 years
We have had back-to-back best months in retail in a row. In store strategy: nothing. No new launches, promos, merchandising. What we have done: we run ads on the internet
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@nimasoco
Nima Sotoadeh
4 years
@SantiagoAuFund This might sound really dumb, but what is HG1 Comb?
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@nimasoco
Nima Sotoadeh
1 year
@kristisoomer LOL athletic greens fershur.
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@nimasoco
Nima Sotoadeh
2 years
Customer: Orders $700 broth. Only wanted $100 worth. Also, Customer: "why wouldn't your office catch this??? I'm not very happy with your company right now."
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@nimasoco
Nima Sotoadeh
1 year
Q1 Highlights: •Cut $13k/month opex •Revenue⬇️11% YoY •Hit with a 13% price ⬆️for the 2nd time in a year But guess what? I don’t let that shit get to me because I: •Own 100% of my business •Will figure out how to grow again •Still profitable •Still enjoy life
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@nimasoco
Nima Sotoadeh
2 years
Hey @SeanEcom can you elaborate on why <$10M/year do not need this? #attributionwars
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@nimasoco
Nima Sotoadeh
2 years
I got @TaylorHoliday on my calendar today for an hour. WOOOH LET'S GO!!
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@nimasoco
Nima Sotoadeh
1 year
Whitelisted my personal IG with a founder ad. Last 30 days performance looking good: Spend: $2100 ROAS: 2.34
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@nimasoco
Nima Sotoadeh
6 months
@ChrisMasterjohn The Chris Masterjohn smack down ladies and gents!
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@nimasoco
Nima Sotoadeh
1 year
@AlpacaAurelius SHOW ME A RANDOMIZED CONTROL TRIAL ALPACA
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@nimasoco
Nima Sotoadeh
8 months
@NoahRyanCo Tulum cringe at its finest
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@nimasoco
Nima Sotoadeh
1 year
@dennishegstad @thesamparr Wait til you hit 40 my guy.
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@nimasoco
Nima Sotoadeh
2 years
When a customer orders $592 worth of broth I think to myself: "are we really in a recession?" OR "are rich people going to buy expensive bone broth no matter what?"
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@nimasoco
Nima Sotoadeh
1 year
I was in an elevator today and kid came in with a soccer ball. I took the ball from him and passed it back. He passed it back to me and we played ball the whole ride up. I gave him one final pass as I left and said hasta luego. That encounter brought me a lot of joy.
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@nimasoco
Nima Sotoadeh
11 months
New product! We’re in the skincare game. 100% grass fed/finished tallow from 🇨🇦 farms. Slap that all over your skin and watch it shine!
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@nimasoco
Nima Sotoadeh
2 years
Do you ever randomly click an order in Shopify just for funsies? Then you see: 1st order Jan 2021 2nd order May 2022 REPEAT PURCHASE BABY, LFG. No? Just me? Okay, goodnight twitter.
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@nimasoco
Nima Sotoadeh
2 years
Went in the archives and found this ad we ran in 2020 that crushed. Had a good laugh re-watching this. Might be the most fun I've ever had in the whole biz. Put me in coach we're running this ad again!
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@nimasoco
Nima Sotoadeh
8 months
After drinking only 1 time in 2023 my conclusion is: 1. You’re not cooler if you don’t drink. 2. You should drink if you want because it guarantees a silly time and most of you are way too fucking serious. 3. Alcohol makes you feel like shit and isn’t healthy but see point 2.
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@nimasoco
Nima Sotoadeh
2 years
Most CPG Food products are not profitable with DTC unless it’s in powder form. We have a unique product and use case where this is the exception. But dear lord I hate shipping liquid.
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@nimasoco
Nima Sotoadeh
2 years
Working on a merch project with a big creator. Looking for a higher end product - 100% cotton/linen. Who should I talk to?
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@nimasoco
Nima Sotoadeh
2 years
One of my advisors just sent me this and said: "80% of our conversations can be summed up here."
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@nimasoco
Nima Sotoadeh
1 year
May is historically one of our worst months, but it has been our best months this year. YoY 2022-23: Revenue: ⬆️ 36% - New Customer Revenue: ⬆️ 81% - Repeat Revenue: ⬆️ 11% Ad Spend: ⬆️ 91% CPA: $59.70 A good sign for what has been a challenging year.
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@nimasoco
Nima Sotoadeh
2 years
Never thought I'd say this, but clean accounting is sexy.
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@nimasoco
Nima Sotoadeh
2 years
Man, @TaylorHoliday gave me some creative strategy advice today that blew me away. This guy isn’t just a pretty face and all about da numbaz. He’s also a creative whizz. That’s a couple more z’s I’d give most marketers.
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