This is a ripper. The boys sit down with Tobi Skovron, who turned a $20,000 investment in Pet Loo into a $10M ARR business before exiting. Tobi opens up about his toughest challenges, from owing $1M to losing his savings overnight in a market collapse. Now, as co-founder of CreativeCubes.Co, Tobi reflects on the entrepreneurial journey that shaped his success. Hit play!

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Timestamps

00:00:00 – Intro
00:00:55 – Welcome, Tobi Skovron!
00:01:43 – The Start of Tobi’s Entrepreneurial Journey
00:05:40 – Inventing the Pet Loo
00:08:29 – Personal Branding
00:11:50 – Trademarking
00:15:07 – Product Design
00:17:57 – Taking Pet Loo International!
00:25:07 – From $20,000K Loan to $10 Million in ARR
00:30:40 – Supply Chain Logistics
00:39:27 – Gurriela Marketing
00:43:13 – Setting Up CreativeCubes.Co
00:48:52 – Scaling CreativeCubes.Co
00:49:31 – Covid & Office Space
00:54:55 – Membership Levels
01:11:00 – Being a Launch Guy
01:19:45 – Outro

Intro

Tobi Skovron’s entrepreneurial journey is nothing short of fascinating. He kicked off his first business, Pet Loo, alongside his wife Sim, using a $20,000 investment from his father-in-law. They scaled it to a $10M ARR powerhouse before being acquired by PetSafe in 2012.

But it wasn’t all smooth sailing—Tobi faced some serious bumps along the way, including owing a manufacturer $1M with only $15K in the bank and losing nearly half of his $300K savings overnight due to a market collapse.

Resilience is in his DNA, though. Today, Tobi is the Co-founder and CEO of CreativeCubes.Co, a coworking space and community that not only thrived during COVID-19 but also continued to expand, opening new locations against all odds. Tune in!

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