Looking for an inspiring success story?
@FEIntl recently posted an article featuring @AJAgrawal24.
Here's how he launched, built, and made a high 7-figure exit from his wildly successful CBD business @VermaFarms.
⬇️
@FEIntl recently posted an article featuring @AJAgrawal24.
Here's how he launched, built, and made a high 7-figure exit from his wildly successful CBD business @VermaFarms.
⬇️
1/ Agrawal launched @VermaMedia, a business that allowed him to hone his marketing skills.
2/ He began struggling with sleep, so he turned to CBD. It worked.
3/ He realized that if it worked for him, it could work for others.
4/ After research, he learned CBD boasted a 90% product margin.
5/ He decided to reinvest the profits into branding and a website.
6/ After researching his target demographic, he landed on the health and wellness space.
7/ He launched Verma Farms and used his marketing skills in SEO, affiliate, growth, scaling, and conversion optimization to build the brand.
8/ The business began building itself. At one point, it grew 10%, 15%, and 20% month over month. It hit critical mass when its EBITDA grew past 50%.
9/ To keep it growing, he introduced subscriptions and added new skews.
10/ After 2 years of explosive growth, he decided to get a free valuation from @FEIntl.
11/ After venturing through the valuation process, he received a fantastic offer from Branded and accepted it.
12/ Final thoughts from Argawal?
“I think we’re a rare case where we just had a Cinderella story. We ran a business for two years. We sold for an amount that gave me financial freedom for the rest of my life."
“I think we’re a rare case where we just had a Cinderella story. We ran a business for two years. We sold for an amount that gave me financial freedom for the rest of my life."
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