Money, Success, Highs, Lows & Life Lessons Chat with Tyler Newman | Midnight Podcast Episode 42

26 Jun 2022 · 31 min
31:24

This is an in-person podcast conversation between Tyler Newman and Matthew Kelly (Midnight Pod host) about Kelly’s e-commerce career, lessons from successes and failures, personal values, networking, and his new wellness brand Space Goods (product: Rainbow Dust). Kelly recounts prior brands (Midnight City Jewelry scaled ~£2.5M run rate; Neon Beach scaled to ~£1M/month in ~6 months but faced supply issues), describes core principles (self-belief, integrity, authenticity, do-it-now mindset), and shares early Space Goods results: ~£125k revenue in the first 8 weeks, ~500+ subscribers, and a near-term monthly target of ~£200k if Instagram issues were resolved. He frames Space Goods as a high-margin subscription wellness play with long-term ambitions (aiming for a £100M+ valuation in ~5 years) and emphasizes networking, persistence, and mental-health motivations behind the brand.

Questions this video answers

June 26, 2022.

Approximately £2.5 million run rate.

Reached about £1 million per month in roughly 6 months.

About £125,000.

Approximately 500 subscribers ("500 subscribers already, maybe more").

Chapters

More from Matthew

0:42
youtube.com

How to launch a product people actually want.

2d ago
0:45
youtube.com

I don't believe in e-commerce.

3d ago
1:31:21
youtube.com

He Sold a Million-Dollar Brand to Bet on a Nasal Strip | Sam Posthuma

4d ago
0:43
youtube.com

Be more bullish. Take more risks.

6d ago
0:21
youtube.com

Marketing can't save you past £10M

1w ago
0:41
youtube.com

3 Product Mistakes That Kill Supplement Brands

1w ago
0:35
youtube.com

Can AI invent a 10-hour focus pill?

1w ago
15:52
youtube.com

Investigating The Billion-Dollar Peptide Industry

1w ago
0:51
youtube.com

He quit investment banking to start a cat food brand.

1w ago
0:46
youtube.com

Restlessness builds a brand. It doesn't scale a business.

2w ago
0:34
youtube.com

working for yourself has a cost nobody mentions.

2w ago
See all content