8/23/2023 0 Comments Million dollar fast lane“The fact that I was able to distill down the one or two things I was doing that made an impact was the reason so many people were able to try or test different things.” “I think I have a unique ability to simplify complex ideas and keep the processes really simple,” says Moran. Moran now operates a site called to share ideas on business growth.Īs he has expanded his knowledge of entrepreneurship, Moran has candidly shared his experiences on the podcast. It evolved into a media company that has diversified into running events such as The Capitalism Conference and a book club. Moran runs all of his businesses through a holding company, which has now grown to 18 employees and has revenue in the $15 million to $20 million range, he estimates. Moran is now rolling out a protein-heavy food line.īoth Sheer Strength Labs and Foxbrim, each of which Moran ran with a partner, grew into million-dollar, nonemployer businesses before hiring any W-2 employees, Moran says. Tapping some of the money he was making, he moved on to a new business, Foxbrim, which sells personal care products that use healthy oils, such as a coconut milk and honey facial cleaner and a hair repair product that incorporates argan oil. Armed with the knowledge he gathered from selling his first business, he sold Sheer Strengths Labs to a private equity firm. It sold pre- and post-workout supplements. His next venture was a sports nutrition company, Sheer Strength Labs. “Instead of McDonald’s, we have yoga studios.” He found a buyer for the thriving business before it hit the $1 million revenue mark. ![]() “There’s a yoga studio on every corner,” he says. ![]() His first business in this area, Zen Active Sports, sold yoga equipment, such as mats, blocks and towels, online-items he knew were in hot demand because of his proximity to Austin’s lively yoga culture. ![]() Where he focused his efforts was on selling physical products.
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