The Andrew Faris Podcast

From $5M Profit to 200K…Then Back Again (With Bear Handlon From Born Primitive)

11 snips
Jun 10, 2025
Bear Handlon, CEO and co-founder of Born Primitive, shares his rollercoaster journey from $5.5M to $200K in profits and back again. He discusses the pitfalls of chasing growth without maintaining margins and the impact of flash sales on customer loyalty. Bear emphasizes the importance of expanding product categories while staying authentic, especially in the tactical gear market. He also highlights the vital role of brand credibility and community engagement in driving growth and stabilizing operations in a volatile market.
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ANECDOTE

From $5.5M Profit to Crisis

  • Born Primitive slid from $5.5 million profit to $200K due to chasing aggressive growth and flash sales.
  • The failed deal and financial losses forced a brutal reassessment and turnaround effort.
INSIGHT

Flash Sales Damage Profitability

  • Flash sale customers acquired at deep discounts have lower lifetime value and hurt margins.
  • Selling full-price, high-LTV items on evergreen campaigns yields better long-term profit.
ADVICE

Limit Flash Sales Strategically

  • Stop frequent flash sales to retrain customers on your premium brand image.
  • Use well-timed site-wide sales to maintain excitement and improve profitability.
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