Codie SanchezFounder @ Contrarian Thinking

How they went from $0 to $100M #shorts

16 Oct 2022 · 1 min

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0:59

Codie Sanchez narrates a short-form YouTube clip about Prestige Labs, a company her friends sold for more than $100M. She highlights that one product line reached about $1.7M per month within six months of launch and extracts two core lessons: (1) nail distribution—someone who can sell; and (2) have an executor—someone who runs operations. She names Alex as the strong seller and Layla as the operator, and points viewers to a longer breakdown video; she also briefly mentions sleep pills.

Questions this video answers

About $1.7 million per month.

More than $100 million.

Alex.

Layla.

Chapters

I have two friends who just sold their company for more than $100 million. This company is fascinating. This is actually Prestige Labs. It was just one aspect of their company that did $1.7 million a month within six months of launching it. And we did this whole video on how do they grow these businesses? How do you repeat building multimillion dollar businesses? Because they have multiple. I counted four inside of their company gym launch. Overall, there's two things I want you to take away from this that I took away from it. One is they nailed one thing fast, and that was distribution. In the beginning, they weren't amazing operators. They didn't know how to scale anything, but they knew how to sell. And then the second thing that I learned is you need one person who's really good at selling, but you need the other person who's really good at executing. Alex over here is awesome at selling, but Layla's the operator. She's the one that makes sure that things get done. So the question for you is, if you want to hit 100 million bucks, who's your distribution and who's your execution? You need those two things. If you want to see the full video breakdown, you should check it out. Also, sleep pills. I really like them. Even though you guys saw the company.