Greatest Hits #2 - How to Build a $100 Million Deodorant Business Starting With Only $1,000
My First Million10 Maj 2021

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

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

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#43 - Getting your team to take big risks, Turning office workers into remote, Quiet founders making big money

#43 - Getting your team to take big risks, Turning office workers into remote, Quiet founders making big money

Sam and Shaan are back talking news, trends, interesting products and businesses. The way to make a million is by surrounding yourself around other people who want it. Join our Facebook group where we...

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#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms

#42 - Wall Street Bets & Tesla Shorts, Curating Job Boards & Executive Recruitment Firms

Sam and Shaan are back talking news, trends, interesting products and businesses. The way to make a million is by surrounding yourself around other people who want it. Join our Facebook group where we...

7 Feb 202039min

#41 - Dating app that has an admissions process like Harvard

#41 - Dating app that has an admissions process like Harvard

** In our Facebook group yet? We hang out there so come join and let's talk ideas: www.facebook.com/groups/ourfirstmillion ** Amanda Bradford (@amandabradford) was 28 years old, in business school and...

5 Feb 20201h 2min

#40 - Paid Courses with Tom Wang, Barstool Acquisition & New Startup Hubs

#40 - Paid Courses with Tom Wang, Barstool Acquisition & New Startup Hubs

*** JOIN OUR FACEBOOK GROUP for share ideas and insight with each other: www.facebook.com/groups/ourfirstmillion *** Today we first chat to Tom Wang, who has sold a 7 figure Amazon FBA biz + runs a 7 ...

31 Jan 202047min

#39 - Getting a Billion People Working From Home

#39 - Getting a Billion People Working From Home

We interviewed the founder of Rev.com (they transcribe audio into text), to hear how he built this into a $206M (to be precise) business. We used them to transcribe the My First Million podcast episod...

29 Jan 202055min

#38 - Truth about ad agencies with Brendan Gahan + Brainstorming with Daniel Gross

#38 - Truth about ad agencies with Brendan Gahan + Brainstorming with Daniel Gross

The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big b...

26 Jan 20201h 53min

#37 - Mastering Amazon FBA

#37 - Mastering Amazon FBA

Ever think your side-hustle could become a million-dollar company? Paul Anderson (@paul_d_andersen) did. Today on My First Million, we sit down with Paul who quit his 9-to-5 to focus on his Amazon FBA...

22 Jan 202049min

#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths

#36 - Data Privacy Tools, Food Franchises & Silicon Valley Mistruths

The Hustle's My First Million presents: Million Dollar Brainstorm is back. Host Shaan Puri (@ShaanVP) and The Hustle CEO Sam Parr (@theSamParr) sit down and discuss what side hustles, trends and big b...

18 Jan 202052min

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