My First Million Native Founder Tells ALL: $100M Portfolio, Investment Strategy & Business Ideas
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Nov 14, 2023 In this engaging discussion, Moiz Ali, the founder of Native Deodorant, shares his journey from bootstrapping a $100 million brand to becoming a savvy investor. He reveals the worst way he made money and debates branding controversies. Moiz proposes innovative business ideas, including a visionary stock market for real estate and a customizable platform for DTC brands. He provides insights into underpriced assets and why he's bullish on Facebook stock, all while balancing humor with invaluable entrepreneurial lessons.
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Check Cashing Troubles
- Moiz Ali and his family, while running gas stations, offered check cashing services, handling large sums of cash.
- A check for $2,000 bounced, causing significant distress for the young Moiz, but they eventually recovered the money.
Native Juice Co. Confusion
- A cafe named Native Juice Co., with similar branding to Native Deodorant, existed near Moiz Ali's apartment.
- The cafe owner complained about receiving misdirected customer service calls intended for Native Deodorant.
Stock Market for Real Estate
- Moiz suggests a stock market for residential real estate, enabling fractional ownership and a liquid market.
- This would empower local entrepreneurs and offer retail investors safer, tangible investment options.