From $500 Startup To $100m Exit w/ Moiz Ali
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 802 Ratings
🗓️ 13 April 2020
⏱️ 49 minutes
🧾️ Download transcript
Summary
Moiz Ali is the founder and former CEO of Native Deodorant.
He started the company with $500 and grew it to about $100 million before having an exit with Procter & Gamble.
We talk about what he learned from his big exit and what entrepreneurs like you can gain from understanding his journey.
Transcript
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| 0:00.0 | Hey, friends and neighbors, Ryan Daniel Moran here. Welcome back to the show. Today I'm excited to be |
| 0:09.2 | joined by my friend Moise Ali. If you're not familiar with Moise, he's been on our stage at our |
| 0:14.7 | events in the past. And Moise is the founder and former CEO of Native Deodorant. Native Deodorant was a company that he started |
| 0:22.6 | with about $500. He grew it to a $100 million exit to Procter & Gamble, which he sold a couple |
| 0:30.8 | of years ago. Moise has several mentions in my upcoming book, which is called 12 months to |
| 0:36.3 | $1 million. You can pre-order it on Amazon right now. |
| 0:39.3 | And Moyes is kind of the case study that a lot of us e-commerce folks look at as the pinnacle of success. |
| 0:46.3 | He built a business in two years that had a nine-figure exit, and it changed the industry that he was a part of. |
| 0:53.3 | He started with just a few hundred bucks, |
| 0:55.7 | and it was a really exciting business that propelled his entire career forward. Obviously, |
| 1:01.6 | you go from zero to $100 million in two years. Now, Moyes has shared his journey and his |
| 1:08.1 | story on our stage and on the podcast before so today i wanted to go |
| 1:12.9 | under the hood a little bit deeper i asked him about transitions between projects i asked him about |
| 1:20.2 | what the difference between running the business himself and after he ran it when it was owned by |
| 1:26.2 | proctor and gamble i asked him about his philosophy on hiring. |
| 1:29.6 | I asked him how the heck he was able to take a business to a $100 million valuation in two years. |
| 1:36.5 | And we talk a lot about what Moyes is doing next. |
| 1:39.4 | Moyes just launched a podcast. |
| 1:40.9 | It's called Exit Strategy. |
| 1:42.1 | I have always thought that Moise should talk more publicly |
| 1:45.9 | about business because he is the guy in e-commerce that has achieved what most of us hope to achieve. |
| 1:54.7 | I think he is the example that a lot of people turn to when they think about the type of success |
... |
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