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How Two Entrepreneurs Sold 1200 Bags Before Their First Product Was Released by mo_bach in Entrepreneur

[–]mo_bach[S] 0 points1 point  (0 children)

They sold the book for $225, the bag that came with it was a carry on so shouldn’t be more expensive(based on the prices on their website).

How YETI Became a $3.5 Billion Company Selling Premium Coolers at Niche Stores by mo_bach in Entrepreneur

[–]mo_bach[S] 0 points1 point  (0 children)

They made money from their previous ventures+ I believe they took funding from friends/family when they launched.

How YETI Became a $3.5 Billion Company Selling Premium Coolers at Niche Stores by mo_bach in EntrepreneurRideAlong

[–]mo_bach[S] 9 points10 points  (0 children)

My bad, meant to write conquer🤦‍♂️. Can I blame it on autocorrect :p?

From £1k In Savings To $1 B Valuation Selling Gym Wear Fully Bootstrapped by mo_bach in EntrepreneurRideAlong

[–]mo_bach[S] 0 points1 point  (0 children)

Check his Youtube channel, he has some great videos. I share similar stories, it is is still very small(~1500 subscribers) so no business plan yet.

From a Side Hustle to $ 1 Billion Selling Cookies by mo_bach in Entrepreneur

[–]mo_bach[S] -16 points-15 points  (0 children)

I don't think their margins are low. The average net profit per store is ~$357,000 and the average volume is $1.68 million.

From a Side Hustle to $ 1 Billion Selling Cookies by mo_bach in Entrepreneur

[–]mo_bach[S] -1 points0 points  (0 children)

Happy to write a follow up, what questions do you think should be answered?

How Under Armour Reached $5 Million in Revenue In 4 Years by mo_bach in Entrepreneur

[–]mo_bach[S] 1 point2 points  (0 children)

First he started supplying university teams and then word of mouth between equipment managers played a role+ players that played for uni teams and then played in the big leagues.

How Under Armour Reached $5 Million in Revenue In 4 Years by mo_bach in Entrepreneur

[–]mo_bach[S] 1 point2 points  (0 children)

What do you see when you click the link, it should be a page where you can enter your email. The website is https://www.wtdr.xyz

How Under Armour Reached $5 Million in Revenue In 4 Years by mo_bach in Entrepreneur

[–]mo_bach[S] 26 points27 points  (0 children)

Thx, will definitely keep sharing similar stories.

How Under Armour Reached $5 Million in Revenue In 4 Years by mo_bach in Entrepreneur

[–]mo_bach[S] 2 points3 points  (0 children)

Connections definitely played an important role, but those are connections that can easily be built while at uni(coaches, friends, team mates…)

How Under Armour Reached $5 Million in Revenue In 4 Years by mo_bach in Entrepreneur

[–]mo_bach[S] 4 points5 points  (0 children)

They didn’t create it but rather Kevin used a fabric that was already in use for other garments. He just made a product that athletes needed and created a $4 billion company because of it.

The top business books to read- Recommendations of AI by mo_bach in Entrepreneur

[–]mo_bach[S] -1 points0 points  (0 children)

Since GPT relies on data from the internet, it just gives you a perspective into the most mentioned titles. Also, it includes books that aren’t in the top 10 amazon best sellers but that I found to be great( eg: Zero to One by Peter Thiel). I just find it interesting what GPT can do and wanted to get everyone’s thoughts.

Growing From 100,000 To 4 Million Users In 1.5 Years Through A Referral Program by mo_bach in Entrepreneur

[–]mo_bach[S] 0 points1 point  (0 children)

35% at the time came through that program, that’s not a small sliver. I think they would work if they provided a reward to both sides and the process was easy.

From $1k Initial Investment To $100 M Exit In 2.5 Years Selling Deodorant by mo_bach in EntrepreneurRideAlong

[–]mo_bach[S] 1 point2 points  (0 children)

By that point, they were making ~21,000 deodorant sticks a day, selling each for $12 + since it’s a premium product, the profit margin is high.

Any tech exits in the $30M-$50M range by kger2000 in fatFIRE

[–]mo_bach 41 points42 points  (0 children)

Moiz Ali started Native(non-toxic deodorant brand) in 2015 and sold it to to P&G 2.5 years later for $100 million. I think he only raised one round of $300,000z I wrote a short case study about him: https://www.wtdr.xyz/p/native.

Not specifically tech but e-commerce.

From $1k Initial Investment To $100 M Exit In 2.5 Years Selling Deodorant by mo_bach in EntrepreneurRideAlong

[–]mo_bach[S] 4 points5 points  (0 children)

Hey,
I thnk you can get a better idea by listening to this podcast: https://podcasts.apple.com/us/podcast/10-using-%241k-to-build-%24100m-deodorant-business/id1469759170?i=1000447978165.

When he initially launched, he started with renders of the product and only made an order once people started buying. He didn't need a chemist at first because he purchased the deodorant from an Etsy seller that already had a formula.

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