Greatest Hits #2 - How to Build a $100 Million Deodorant Business Starting With Only $1,000

2021-05-10 · 75 min · 12 entities

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→ references Ourfirstmillion website

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Link in episode "Greatest Hits #2 - How to Build a $100 Million Deodorant Business Starting With Only $1,000": https://facebook.com/groups/ourfirstmillion

Entities found in this episode

concepts 6

mentioned Business concept

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Feed category: Business
mentioned Investing concept

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evidence rules-v4
Feed category: Investing
mentioned Entrepreneurship concept

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Feed category: Entrepreneurship
discusses Business concept

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evidence rules-v4
Feed category: Business
discusses Investing concept

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evidence rules-v4
Feed category: Investing
discusses Entrepreneurship concept

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Feed category: Entrepreneurship

companys 4

mentioned HubSpot company

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Feed author/publisher: Hubspot
mentioned Hubspot Media company

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hosted by HubSpot company

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Feed author/publisher: Hubspot
hosted by Hubspot Media company

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Feed author/publisher: Hubspot Media

websites 2

mentioned Ourfirstmillion website

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Link in episode "Greatest Hits #2 - How to Build a $100 Million Deodorant Business Starting With Only $1,000": https://facebook.com/groups/ourfirstmillion
references Ourfirstmillion website

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evidence rules-v4
Link in episode "Greatest Hits #2 - How to Build a $100 Million Deodorant Business Starting With Only $1,000": https://facebook.com/groups/ourfirstmillion

Episode description as stored

Shaan (@ShaanVP) talks to entrepreneur Moiz Ali (@moizali) on today's episode. Have you ever looked at the back of your deodorant stick and read the ingredients? Aluminum zirconium trichlorohydrex? PPG-14 Butyl Ether? Well, Moiz saw that and created Native, a natural deodorant without all the chemical junk. He built the company from his brother's dining table - doing sales, marketing, operations & customer service as a one-man-show. His hard work paid off, as he sold the company for $100M to Proctor & Gamble just 2.5 years after it launched. Listen in to hear the backstory of how he started using just $1k, how the company almost died (twice), and how he negotiated a $100M sale of the business! --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * 12:40 - How Moiz got his first product made and first few sales * 21:00 - The highs and lows of entrepreneurship * 27:40 - How to iterate quickly with a physical product * 32:55 - Shaan rapid fires questions at Moiz to understand his mindset and business at the time * 46:33 - How Moiz sold Native * 58:30 - Moiz talks about his doubters and how it fueled him