How Glamnetic Went From $1 Million to $100 Million—And Nearly Lost It All in Between

Shopify MastersApr 16, 202637 minen
How Glamnetic Went From $1 Million to $100 Million—And Nearly Lost It All in Between

Show Notes

What happens when the product that made you famous starts holding you back? Kevin Gould co-founded Glamnetic in 2019 with Ann McFerran, launching a magnetic eyelash brand that exploded from $1 million to $50 million in revenue in just one year — fueled by a great product, smart growth marketing, and the COVID-era boom in DIY beauty. But when the tailwinds reversed — iOS 14 updates sent acquisition costs soaring, the lash category contracted, and revenue dipped 25% — Kevin faced a make-or-break decision. Rather than doubling down on what was declining, he pivoted the entire business into press-on nails, a category still in its infancy. Today, Glamnetic is one of the largest press-on nail brands in the world, doing over $100 million a year. In this episode, Kevin gets real about the unglamorous side of hypergrowth: the cash flow crunches that come with scaling too fast, the inventory mistakes that haunt you, and the emotional toll of watching revenue fall when you expected it to double. He shares how he and his team navigated the pivot, why community and brand affinity will always outlast paid acquisition, and why the best advice he can give founders is: don't grow too fast. You'll learn: Why going from $1M to $50M overnight nearly broke the business How to manage cash flow and inventory when you're self-funded The marketing mix that built a real brand — not just an ad machine Why TikTok Shop is the biggest arbitrage opportunity right now How a 40,000-member Facebook community doubles as a product development engine The one hire every founder should prioritize early on What it really takes — personally and professionally — to turn a pivot into a $100M business Subscribe and watch Shopify Masters on YouTube! Sign up for your FREE Shopify Trial here.

Related

4 Ways to Run a DTC Company Like a Tech Startup
Shopify Mastersen

4 Ways to Run a DTC Company Like a Tech Startup

Jun 29, 202325 min
View Episode
Shopify Mastersen

The Case for Constantly Evolving: How Babylist Went from Registry to Retailer

Jun 27, 202334 min
View Episode
Customer Retention: A How-to Guide
Shopify Mastersen

Customer Retention: A How-to Guide

Jun 22, 202333 min
View Episode
Shopify Mastersen

The Data-Driven Way to Win Customers’ Hearts

Jun 20, 202334 min
View Episode
1...737475...150