The Australian Seller

TAS 165 – Brand Rescue Mission! Ben Leonard on building a $6m brand, selling it, and buying it back 5 years later to start all over again.

Jul 12, 2025
Ben Leonard, an entrepreneur who built the successful brand Beast Gear, shares his incredible journey of creating a $6M brand, selling it to Thrasio, and ultimately buying it back after it fell into disrepair. He discusses the rise and pitfalls of aggregator businesses, the challenges of navigating e-commerce, and his strategies for revitalizing Beast Gear. Listeners will also learn about the importance of preserving brand assets and the future of e-commerce growth. Ben’s mission to restore his brand is both inspiring and educational.
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ANECDOTE

Ben's Entrepreneurial Journey

  • Ben Leonard started Beast Gear as a side hustle during recovery from a heart problem.
  • He grew it from zero to $6 million annual revenue in just over three years.
INSIGHT

Aggregator Model Flaws

  • Aggregators aimed to buy many brands cheaply, then create value through scale and synergies.
  • The model works in theory but fails without understanding and supporting brand uniqueness and operations.
ADVICE

Preparing Business For Sale

  • Prepare your business for sale with clean, detailed financials and thorough documentation.
  • Ensure all manufacturing, intellectual property, and regulatory certificates are in order for smooth due diligence.
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