Episode
Selling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
1:38:15
Published: Tue May 17 2022
Description
Shaan Puri (@ShaanVP) sits down with entrepreneur and former CEO of Native, Moiz Ali (@MoizAli), to talk about how to find the competitive advantage for your business, three common mistakes DTC brands make, investment tips and more. ----- Links: * Native * Haldirams * Manscaped * Brumate * Moiz's sell sheet tweet * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. ----- Show Notes: (04:20) - Starting Native in secret (13:50) - Figuring out your competitive advantage (24:00) - Common mistakes in DTC brands (35:00) - Stock tips on D2C tech companies (38:10) - Real estate investments
Chapters
In this podcast episode, the host talks about his friendship with the guest's brother, who is known for having charismatic genes, while they both discuss the guest's character and trying to be the Simon Cowell of the business world.
00:00 - 02:31 (02:31)
Summary
In this podcast episode, the host talks about his friendship with the guest's brother, who is known for having charismatic genes, while they both discuss the guest's character and trying to be the Simon Cowell of the business world.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The speaker mentions a conversation with someone about their brother's unique business venture, which involves hand-packing deodorant containers at home.
02:31 - 06:59 (04:27)
Summary
The speaker mentions a conversation with someone about their brother's unique business venture, which involves hand-packing deodorant containers at home.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The speaker discusses the importance of making the interviewee feel comfortable during an interview by using conversation strategies to get them to open up.
06:59 - 11:19 (04:19)
Summary
The speaker discusses the importance of making the interviewee feel comfortable during an interview by using conversation strategies to get them to open up.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The value of an advisor is not the answer, but the thought-provoking questions they ask that lead you to fill in gaps in your own thinking.
11:19 - 15:09 (03:50)
Summary
The value of an advisor is not the answer, but the thought-provoking questions they ask that lead you to fill in gaps in your own thinking. Often, seeking an advisor can send one into a spiral of important business questions.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The Indian snack brand, Haldi Ram, is getting a makeover, with new packaging, a better user interface, and improved visual presentation.
15:09 - 19:29 (04:19)
Summary
The Indian snack brand, Haldi Ram, is getting a makeover, with new packaging, a better user interface, and improved visual presentation. The aim is to make the brand more attractive and accessible to consumers.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The co-founder of NerdWallet, Jacob Gibson, discusses how one company's unique approach to marketing their product specifically for men's genitalia helped them succeed in the direct-to-consumer market, while others have failed.
19:29 - 23:12 (03:43)
Summary
The co-founder of NerdWallet, Jacob Gibson, discusses how one company's unique approach to marketing their product specifically for men's genitalia helped them succeed in the direct-to-consumer market, while others have failed.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The transcript features a discussion about operational excellence and the Brumate company which makes drinkware such as hydration kits or can coolers for slim cans.
23:12 - 29:03 (05:51)
Summary
The transcript features a discussion about operational excellence and the Brumate company which makes drinkware such as hydration kits or can coolers for slim cans. The speaker also mentions overhiring and spending money on unnecessary things, sharing their experience with selling a business with a 50 million dollar run rate.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The guest speaker emphasizes the importance of hands-on experience in understanding businesses at a deeper level and being able to identify areas for improvement.
29:04 - 34:42 (05:37)
Summary
The guest speaker emphasizes the importance of hands-on experience in understanding businesses at a deeper level and being able to identify areas for improvement. Through personal experience in customer service at a successful company, he learned valuable insights into improving the business model.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The speaker has an estimated 30 million in real estate, 40-50 million in short-term bonds and cash, and owns an additional 10 million in LP somewhere.
34:43 - 42:16 (07:32)
Summary
The speaker has an estimated 30 million in real estate, 40-50 million in short-term bonds and cash, and owns an additional 10 million in LP somewhere. They suggest that once you get to a certain scale of wealth, it's smart to hire professionals who are private wealth managers to help deploy your capital in an intelligent way.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The speaker talks about investing in real estate during the pandemic, mentioning how buying units in 2019 made investors look like geniuses and how he personally bought 50 units from early 2020 to late 2021.
42:16 - 45:44 (03:28)
Summary
The speaker talks about investing in real estate during the pandemic, mentioning how buying units in 2019 made investors look like geniuses and how he personally bought 50 units from early 2020 to late 2021.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The speaker shares insights on how he sees real estate as a diversification strategy for his e-commerce and startup investments.
45:45 - 49:56 (04:11)
Summary
The speaker shares insights on how he sees real estate as a diversification strategy for his e-commerce and startup investments. He is under contract to buy two or three units in the next few months and plans to buy a unit a month in the future to see how the market responds to changes in interest rates.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The speaker is discussing how the logistics of investing in real estate isn't worth the return, as diversification isn't terribly important to them.
49:56 - 52:21 (02:24)
Summary
The speaker is discussing how the logistics of investing in real estate isn't worth the return, as diversification isn't terribly important to them.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
Two individuals discuss their obsession with business and the thrill it brings as well as how it can be compared to an adventure or a prison.
52:21 - 56:02 (03:41)
Summary
Two individuals discuss their obsession with business and the thrill it brings as well as how it can be compared to an adventure or a prison.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
Moise explains the hard work and tools he carries when traveling to houses to open them up and optimize their space, which yields the best return and satisfaction.
56:02 - 1:00:01 (03:58)
Summary
Moise explains the hard work and tools he carries when traveling to houses to open them up and optimize their space, which yields the best return and satisfaction.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The speaker discusses how they still try to save money despite not needing to, giving examples of asking for a small size at Starbucks and calculating whether expensive items are worth the value.
1:00:01 - 1:03:12 (03:11)
Summary
The speaker discusses how they still try to save money despite not needing to, giving examples of asking for a small size at Starbucks and calculating whether expensive items are worth the value.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The speaker discusses how having a scarcity mindset can limit admiration and how being specific with admiration can help break free from scarcity mindset.
1:03:12 - 1:06:35 (03:23)
Summary
The speaker discusses how having a scarcity mindset can limit admiration and how being specific with admiration can help break free from scarcity mindset.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The speaker reflects on past experiences of avoiding extra expenses on flights for his family, but realizes how the habit of cutting corners to save money was costing him the enjoyment of the experience.
1:06:36 - 1:10:02 (03:26)
Summary
The speaker reflects on past experiences of avoiding extra expenses on flights for his family, but realizes how the habit of cutting corners to save money was costing him the enjoyment of the experience.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
In this episode, the importance of positive energy is discussed through an anecdote about a friend's positive attitude at the DMV and how it affects those around them.
1:10:02 - 1:14:31 (04:29)
Summary
In this episode, the importance of positive energy is discussed through an anecdote about a friend's positive attitude at the DMV and how it affects those around them.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The host talks about Elon Musk's social behavior and how his will to have a complete experience imposes on others.
1:14:31 - 1:19:59 (05:27)
Summary
The host talks about Elon Musk's social behavior and how his will to have a complete experience imposes on others. He also shares a personal anecdote about Musk's contagious energy.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The Ollie brothers operate at a high level of competence that is noticeable in their business dealings, even in the way they present themselves during pitches.
1:20:00 - 1:25:23 (05:23)
Summary
The Ollie brothers operate at a high level of competence that is noticeable in their business dealings, even in the way they present themselves during pitches.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The importance of clear communication has been highlighted in today's climate where everything seems uncertain.
1:25:23 - 1:28:36 (03:13)
Summary
The importance of clear communication has been highlighted in today's climate where everything seems uncertain. A social app founder used the example of push notifications to emphasize the need for clarity in communication.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
Theresia Gouw, co-founder of Acrew Capital, shares insights on having the right mindset in business and how the company approaches investing and acquisitions.
1:28:36 - 1:32:05 (03:29)
Summary
Theresia Gouw, co-founder of Acrew Capital, shares insights on having the right mindset in business and how the company approaches investing and acquisitions.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The speaker recounts a story of how their company boosted installs through offering incentives such as giving away five iPhones and highlights the importance of incentives in performance marketing.
1:32:05 - 1:36:48 (04:42)
Summary
The speaker recounts a story of how their company boosted installs through offering incentives such as giving away five iPhones and highlights the importance of incentives in performance marketing.
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
Moise Ali discloses his Twitter handle @moiseali for people to follow him and keep up with his updates.
1:36:48 - 1:37:00 (00:12)
Summary
Moise Ali discloses his Twitter handle @moiseali for people to follow him and keep up with his updates.