Build your $80M supplement brand with Ryan Niddel

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Guest

Ryan Niddel

CEO
MIT 45
MIT45 is an ecommerce brand that sold nearly $75M USD worth of Kratom products in 2022.

Sean has founded multiple companies and done multiple 8 figures worth of business.

He’s currently advising, consulting, and investing in business just like yours.

He knows where you’ve been, and he knows where you’re going.

Book a call with him today to see how he can help you get there smarter, faster, and in a way that aligns with your life goals.

Timestamps

00:00 – Introduction
03:08 – From Failure to Success with Kratom
06:07 – Risks and addiction potential of Kratom
09:10 – Transparency in Manufacturing with COAs and GMP Compliance
12:13 – Sterile Food Production and Consumer Trust
15:32 – Efficient Systems and Processes in Business Growth
18:27 – Tightening Credit Processes and the Importance of Accounting Principles
21:21 – Firing Gracefully and Understanding Employee Growth Goals
24:12 – Changing Out the CFO: How to Handle Transitions and Find Expertise for Growth
27:13 – Improving Culture and Operations to Drive Revenue Growth
30:05 – From Employee Training to Manufacturing Acquisitions
33:00 – The Four Aspects of Business Growth and Decentralization
35:51 – Making decisions without all the information
38:47 – The Diverse Perspectives of Partners in a Venture & Potential Exit Strategies
41:45 – Employee-Centric Business Model and Benefits
44:40 – Prioritizing Employee Health and Efficiency in the Workplace
50:12 – Alignment in Business and Life
53:07 – Traveling and Thinking Differently
56:09 – Follow up with Ryan Niddel

Transcript

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