Paul Niklas
@PaulNiklas8
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eCommerce | sharing what I learn along the way
Melbourne, Australia
Joined February 2021
Not saying you should measure your self worth by money, but if you want to be a millionaire and you’re not, you’re better off being honest and trying to figure out why
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This is cope tbh.
Best way to see things is that you're already a multimillionaire. Actually true too because wealth isn't merely the cash in your account. Just like a business, your value is made up of the entirety of your assets, many of which are intangible The goodwill you've established with
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10 minutes into ghostwriter and chill:
You can brute force $1m–$5m with Money Twitter tactics. But the guys blending dark arts + MBA-level strategy? They’re the ones printing $50m–$100m. Hustle porn gets you rich. Business fundamentals keep you there!
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Yeah or their revenue growth has stalled and they need to find growth from somewhere to raise the next round of money
@PaulNiklas8 @WhopIO If they’re pitching payments, it means they’re trying to own more of the stack i guess 🤷♂️
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My bet with @WhopIO is that they will onboard a lot of high risk merchants with their aggressive acquisition process and I'm assuming lack of underwriting. They will face heat from the actual processor/acquiring bank and then you will see the usual shit (holds/bans/etc.)
@PaulNiklas8 @WhopIO They route between lots. Like they try the transaction at stripe, if it doesnt work then they try at adyen and so on They claim 6-11% revenue increase over stripe but that might be cap
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Can someone explain why I am getting cold DMs from @WhopIO telling me to use them for payment processing? I thought they were a community not a processing company. I am very confused. Also, why would I use them over stripe/adyen/10+ other processing options?
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Spun up a linkedin profile so I can poachmaxx and my god it is bad. Guys doing 10k/day up to their ears in wayflyer debt posting 24/7 Make some ads bruv
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Hiring two killers to help scale our nutraceuticals company to 150m in 2026. To date we are one of the fastest growing brands in the space and will do 100m in turnover in 2025 (our first full calendar year.) I need: 1. Media Buyers 2. Creative strategists If that's you DM
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CEO of Gruns and Ryze defs both have large lack of knowledge and network
if you are running MRR/subscriptions on shopify payments you have a large lack of knowledge & network
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So then what’s your annual turnover? Is it more than 16m/year?
Money twitter should be called the small business & self-employed community. Under $16M annual revenue you're running a small business, the "big boys" on here don't even get beyond that. Most are running micro businesses or are just self-employed. Stop flexing your steering
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Who is doing statics really well? Can be dropshippers, brands, affiliates, whoever
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One SKU = discount. No team = discount. One sales channel = discount. No brand = discount. One distribution channel = discount. Young business = discount. etc etc etc
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Reason I say this is in imaginary valuation land someone actually needs to front up and write a cheque. A transaction is taking place
@jforjacob Maybe 6x monthly profit
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I remember meeting a founder in Australia who laughed when I showed our website because it looked primitive (despite the fact we do his yearly turnover in 2 days). Not sure what the lesson is there
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Melbourne's not New York but are you genuinely comparing Melbourne to Bali?
@PaulNiklas8 Why is living in Melbourne and going to New York for 3 weeks different than living in Bali and going to New York for 3 weeks?
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Three weeks in New York and have met some amazing people doing amazing things. Another reminder of why when you move to 3rd world shitholes like Bali you cap your potential
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Does anyone have a contact at Walmart seller support to sell on their marketplace? Have been trying to get on for the last month and our account is just stuck and not verified.
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Who can help here
looking to hire a CPG/DTC packaging designer to rebrand our products as well as a website designer to redo our website please tag any goats below/rt for visibility -> freelance, full time hires or agency all welcome!
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Money twitter really good for tactical knowledge, can just brute force your way to 7 to low 8 figure net worth using a lot of it. But if you can blend the tactical/dark arts with more traditional MBA style business skills, there’s a lot of money to be made.
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