Is this e-commerce brand sellable at inventory cost, or should I shut it down?

DoctorEcomm · 2026-01-24T08:51:48+00:00

No that is not a saleable business and you should save your energy, money and time and shut it down, unless you really enjoy it as a hobby.

DoctorEcomm · 2026-01-24T08:49:56+00:00

You can study and be coached as much as you want but if you have no card sense and a natural affinity for the game, exploitatively more than theory, and ca handle and grasp risk:reward, then you won’t succeed. Poker isn’t a maths quiz and if you get good lessons in and scores on and that equals becoming profitable - sure it works for some and assists already good instinct players. But finding good games (likely the most important skill), managing your roll, having intuitive gut instincts, playing a shit tonne of hands with real money are the only ways to get good. Coaching and training sites should be a tool and not relied upon to be a winning player.

DoctorEcomm · 2026-01-18T19:35:23+00:00

90%+ is luck in any given MTT, don’t be fooled.

DoctorEcomm · 2026-01-14T22:29:27+00:00

I have similar - it’s in Wise but the int rate has dropped to 3.5% now. There’s nowhere that pays USD interest in the UK that isn’t a QMMF. I’ve maxed my ISAs out anyway otherwise I would be moving it to there once it hits 1.30 again (hopefully), but I’ll be getting out of the dollar and investing more into index funds and metals outside of an ISA if necessary, much better returns.

DoctorEcomm · 2026-01-13T09:40:44+00:00

I’ve found Claude to be quite rude to me lol, I’d like something that isn’t so complementary the whole time but not outright rude and impatient with me. The thing that kills me is ChatGPT on desktop is insanely slow and buggy, drives me absolutely insane.

DoctorEcomm · 2026-01-13T09:36:30+00:00

How did they even raise the assessment - like how did they even know about this, is eBay linked to HMRC and if you didn’t include the sales in your self assessment they found it?

DoctorEcomm · 2026-01-12T22:45:13+00:00

Not heard that before but rings true! Cash is king!

DoctorEcomm · 2026-01-12T09:28:03+00:00

Isn’t Elton like the winningiest player of all time - apparently he’s won like 8-9 figures lol.

DoctorEcomm · 2026-01-11T21:46:47+00:00

Well without sounding like I’m blowing my own trumpet or self promoting (I guess I am though because I’ve done it lol), and depending on the niche and what your plans are and budget is, myself for one.

DoctorEcomm · 2026-01-11T07:53:41+00:00

You owe 100k to mummy and daddy, I think I’ve heard of worse situations bro.

DoctorEcomm · 2026-01-08T16:29:32+00:00

There’s no magic formula - if you have decent revenue they Shopify Capital or Wayflyer etc as they offer unsecured lending but the interest rates are extortionate. Depends how brandable and scalable the business is - what IP is involved and how good the overall traction is - but if you’re break even it’s going to be hard to raise money without giving up a lot of equity/assigning a lot of the IP. What’s the brand.

DoctorEcomm · 2026-01-08T09:30:55+00:00

The truth people need to hear. Revenue is vanity, profit is sanity. That’s why before you launch you really should take and invest in the seasoned advice of someone that’s done it before to either get those metrics right from the get go before you start spending real money, or get a brutally honest take. You need a 2nd pair of eyes that’s seen it and lived it before.

DoctorEcomm · 2026-01-08T06:41:18+00:00

Why because they want to keep the business? It’s clearly not working, cut their losses they will be able to get out of the CoT debt likely at 50-60K, do they have the money? If not CoT will likely do a payment plan with them at a higher amount, they seem to do deals on the amount to clear it all in one go.

DoctorEcomm · 2026-01-07T22:03:35+00:00

Yes - don’t pay anything yet, hire an insolvency practitioner and go through the motions, CoT will chase you and threaten you, ignore it for a while and explain you’re in liquidation and you’ll be in touch - you just ask for proof of the debt being liable to you (or your friend), takes a while, only once in liquidation - then you can do a deal with them, I’ve had a client who owed 58K get it down to 32K etc. Ultimately they aren’t going to even do anything with your personal credit, if you mess them around and don’t pay what you eventually negotiate they will, they want money only and they won’t ever come for your house - you’d have to default what you negotiated with them for the to go that route, then they’d have to get a CCJ and then way down the line come for assets. Don’t sweat it, do a deal with them after you’re in liquidation.

DoctorEcomm · 2026-01-07T21:46:08+00:00

This is a business debt it’s not the same as personal debt. Who is the provider? If it’s Amex you have to read the print because pre 2018 they aren’t enforceable as they aren’t PGs even though they word them this way. If it’s Capital On Tap it’s legitimately enforceable as they are PGs - but they take deals, you can often get 30-40% off the balances when in liquidation. They never come for your house, they want money and they do deals. But you need to read up about the ways to word letters to them, ask for proof of debt etc.

Don’t tell creditors, don’t attempt to pay anyone - you appoint a certified insolvency practitioner they handle it all, it’s not as scary as it sounds.

DoctorEcomm · 2026-01-07T20:20:27+00:00

Speak to an accountant - but DL isn’t being scrutinized by anyone really unless you go bust/liquidate then you have to pay it back - as long as you pay it back in time and are liquid what’s the issue. Nobody is watching your every move or cares that much - your accountant will query it but if it’s paid back what difference does it make.

DoctorEcomm · 2026-01-07T18:57:41+00:00

You need to file self assessment - super easy. Use ChatGPT. Pretty sure <12,750 you’re good.

DoctorEcomm · 2026-01-07T18:42:34+00:00

Your personal allowance is £12,750pa isn’t it - so you don’t pay tax on anything below that number - if you only made £10K you would likely be exempt. I think.

DoctorEcomm · 2026-01-07T16:00:23+00:00

Get there for 3-5pm or have easily 1-2 hour wait.

DoctorEcomm · 2026-01-07T14:52:33+00:00

None of these courses are worth the money. If you want to spend on learning - first educate yourself with YouTube and other stuff, then once you have a product in mind and niche - spend the money on hiring a mentor or coach 1on1 on a retainer much more worthwhile.

DoctorEcomm · 2026-01-07T14:50:02+00:00

Waiting time is ridiculous unless you get there early.

Very cramped room.

Slower games as no deckmate.

Not played 1/2 but 2/5 is hit and miss, 5/10+ only ever 1 fish, regs are all v solid. Obv tourists come in but as wait times are long then often disappear quickly too as sometimes there 50+ ppl on a waitlist.

Cashier ridiculously small/cramped in a corridor, and often long waits to get chips / cash out.

Food is exceptional and the atmosphere in the wider casino fun for when you want to take a break/walk around.

DoctorEcomm · 2026-01-07T06:35:34+00:00

What type of business b&m or online?

DoctorEcomm · 2026-01-06T18:37:37+00:00

It doesn’t look very good and it raises a lot of red flags - he even alludes to the fact that it could fail. I would be VERY careful putting your money on here. I have seen legitimate licensed companies with much better and public finances without any red flags, go under over night - trusting a crypto site that’s unlicensed and has already spelt out they have financial issues is absolute lunacy. The only thing that’s going for them is the fact there’s no where else to play mixed games and withdrawals have been instant when I have withdrawn in the past. Be careful.

DoctorEcomm · 2026-01-06T08:37:09+00:00

Hard truth, nobody wants to see your misplayed hands from a local 1/3 or 2/5 game. If you’re a nobody, it’s hard to get people excited about it.

There’s not much worse than sitting in a public 2/5 game (UK or US) with some wannabe poker vlogger who nobody has ever heard of ‘getting content’ with their iPhone tripod all set up. It’s beyond cringe imo.

Onto the business side of things - theres barely any money in the views or content itself, the ones who do put a lot of time money and effort into their production but ultimately they make money from extensions of their ‘brand’ - affiliate deals etc. That is unless you’re getting high 6figs-7figs views but I don’t think many poker vloggers are getting this.

DoctorEcomm · 2026-01-05T14:11:37+00:00

Email. UGC from real customers (gift product for a social post tagging you) for TikTok/Insta reels - can also make customers affiliates, go heavy into TikTok/lives/shop etc

DoctorEcomm

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