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- ๐ The $45K bootstrapped haircare founder
๐ The $45K bootstrapped haircare founder
๐ฉท Lyft's road to $3.5B valuation
Hi Guy & Farzan here ๐
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Read time: 8 mins
In the mail:
Founder story: The $45K bootstrapped haircare founder ๐
Founder playbook: Lyftโs founder journey to $3.5B ๐ฉท
Founder story: Kopiโs $270 Million coffee empire in Indonesia โ๏ธ
Founder story: How Dani made Canada Goose a $billion company ๐จ๐ฆ
Video short: 4 steps to start a businessโก๏ธ
A quote: Another bloody Musk ๐
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1. Founder story
๐ See how Amadou's multicultural flair and $45K bootstrapped start-up is revolutionising curly haircare.
"Life's too short, make every opportunity presented to you count." - Amadou Doumbia, Founder of Wuli Grooming.
๐ Meet Amadou Doumbia, a visionary entrepreneur whose journey from Mali, West Africa, to Sydney, Australia, embodies a tale of perseverance, multicultural richness, and innovative spirit.
๐งณ His path led him through New York, China, and finally to Sydney, bringing a unique blend of languages and cultural experiences.
๐ Wuli Grooming, born out of Amadou's struggle to find suitable hair care products, now stands as a testament to his entrepreneurial acumen. Specializing in natural, Australian-made products for curly and wavy hair, the brand emphasizes hydration and hair health.
๐ Key Milestones in Amadou's Journey:
๐ Background in PR and marketing.
๐ก Idea inception in 2020, inspired by personal needs.
๐๏ธ First 10 customers from Sydney weekend markets.
๐ค Shark Tank appearance, boosting brand visibility.
๐ผ Balancing entrepreneurship with a consulting job.
๐ $100,000 revenue milestone.
๐ Over 4500 monthly website visitors globally.
๐ A Key Lesson for Founders:
Patience and resilience are crucial. Embrace small beginnings, learn from failures, and keep your eyes on the ultimate goal. Passionately solve problems and success will follow.
Amadou's journey is a masterclass in turning challenges into opportunities. Read the full story in Founderoo.
2. Founder playbook
๐ฉท Lyft's Journey to a $3.8 Billion valuation. Logan Green's trailblazing path in transforming transportation.
From congested LA streets to a $35 billion valuation - Logan Green's journey is not just about Lyft, but about reimagining urban mobility.
Loganโs milestones
๐ฑ Early Observations: Growing up in LA, Green saw the inefficiencies of single-occupancy vehicles, planting the seeds of change.
๐ซ College Catalyst: At UCSB, frustration with public transit led to a car-sharing program, foreshadowing his future impact.
๐ Zimbabwe Inspiration: A trip that turned into a revelation. The inception of Zimride in 2007, a digital carpooling pioneer.
๐ Pivotal Pivot: Recognizing the limitations of Zimride, Green and Zimmer evolved their model, giving birth to Lyft.
๐ Ride-Hailing Revolution: Launching Lyft in 2012, they challenged traditional transportation, offering on-demand, short trips.
๐ฅ Navigating Rivalry: In a market dominated by giants like Uber, Lyft distinguished itself with its community-focused ethos.
๐ค Strategic Alliances: From Disney World partnerships to healthcare collaborations, diversifying Lyft's reach.
๐น Economic Milestones: Achieving a $7.5 billion valuation and hitting over a million rides daily by 2018.
๐ Diversification Masterclass: Introduction of Lyft Plus and Premier, and smart pricing strategies.
๐ค Quiet Leadership: Green's introspective leadership fostered innovation and inclusivity.
๐ Key Lesson: Embrace vision, resilience, and adaptability. Dare to challenge the norm and stay true to your values.
๐ Read the full story in Founderoo.
3. Video founder story
โ๏ธ Kopiโs $270 Million coffee empire in Indonesia
This video explores the inspiring story of Edward Tritanata, who rose from modest beginnings to become the CEO of Kopi Kenangan, a leading Indonesian coffee brand. Highlighting his journey from an unmotivated individual to a successful entrepreneur, the video provides valuable insights into building a successful coffee business and motivates aspiring entrepreneurs.
4. Video founder story
๐จ๐ฆ See how Dani turned Canada Goose into a Billion dollar brand.
At 27, Dani Reiss became CEO of Canada Goose, then a $2.2 million revenue company. His grand father was the original founder. Now, it's a luxury brand valued at $1.1 billion. Known for their distinctive shoulder patches, Canada Goose parkas are priced above $1,000, with annual sales exceeding one million jackets.
5. Video short
โก๏ธ 4 steps to start a business
6. Another bloody Mush quote ๐
โIf youโre not failing. Youโre not innovating enoughโ
All done. How was todayโs newsletter?
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See you next Sunday.
Guy + Farzan ๐
Founderoo
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