My business is doing 10k per month but I still haven’t paid myself
My business is doing 10k per month but I still haven’t paid myselfGeneral

I’m not even sure why I’m posting this, maybe I’m just hoping for some good advice from someone who’s already been there.

Me and a business partner started an e-commerce business 6 months ago and has steadily been growing. We have no experience in traditional business, but we are very good at marketing.

Since launching, we’ve now moved from my home into a commercial unit for us to store our raw materials, packaging and shoot content. It’s taken over our lives for the past 6 months. We’re currently in the process of bringing our expenses down with things like postage, packaging & raw materials.

We’re currently making around 40% profit margin and have even hired somebody last month. I think it’s time to scale and potentially get an investor on board, someone who has direct access to retail because I can’t help but feel it’s time we scaled up.

Like I said, we’ve poured our lives into this for the last 6 months and I’m at a point where I need to start making SOMETHING or I might burn out.

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New Feature Announcement: Free Form Textbox!
New Feature Announcement: Free Form Textbox!

Hi mods!

We’re excited to announce that next week we’ll be rolling out a highly requested update to the inline report flow. Going forward, inline report submissions will include a text input box where mods can add additional context to reports.

[GIF]

How does the Free Form Textbox work?

This text input box allows mods to provide up to 500 characters of free form text when submitting inline reports on posts and comments. This feature is available only to mods within the communities that they moderate, and is included for most report reasons (list below) across all platforms (including old Reddit):

  • Community interference
  • Harassment
  • Hate
  • Impersonation
  • Misinformation
  • Non-consensual intimate media
  • PII
  • Prohibited transactions
  • Report abuse
  • Sexualization of minors
  • Spam
  • Threatening violence

The textbox is designed to help mods and admins become more closely aligned in the enforcement of Reddit community policies. We trust that this feedback mechanism will improve admin decision-making, particularly in situations when looking at reported content in isolation doesn’t signal a clear policy violation. The additional context should also give admins a better understanding of how mods interpret and enforce policy within their communities.

We will begin gradually rolling out the Free Form Textbox next week, and all mods should see it within the next two weeks. Please note, given that we’re rolling the feature out gradually to ensure a safe launch, it’s possible that mods of the same community will not all see the textbox in their report flow for a brief period of hours or days. Our goal is to have the textbox safely rolled out to all mods within all communities by the end of March.

Looking Forward

Post launch, we’ll be looking at usage rates of the textbox across mods and communities, as well as analyzing how the information provided by mods is feeding into admin decision-making. We’ll follow up here with some additional data once we have it. In the meantime, if you see something that’s off with the feature, please feel free to let us know here or in r/modsupport.

Hopefully you all are as excited as we are. We’ll stick around for a little to answer any questions!

Really appreciated to heard about this e-commerce website

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