077: Sex Toy Entrepreneur, Reveals his Mr. Sloan... (Brian Sloan of VIECI)
Brian Sloan, CEO of Very Intelligent Ecommerce Inc. Brian quit his job as a lawyer to start a sex toy business that generates over $1 million a year, and he did it without office space or full-time employees.
He and his collaborators at Very Intelligent E-Commerce, Inc. have skipped the usual distribution methods, focusing solely on internet sales. The company's most recent product, a sex toy for men (NSFW), launched as an Indiegogo crowdfunding campaign. It turned heads and raised over $260,000 — far more than its $45,000 goal— in the process.
Sloan started as a lawyer, but made a change early in his career that led him to where he is now. "I used to go to garage sales at 6 AM on the weekends and make as much or more money than I was making in the firm. At that point it really became clear that if what I wanted was more money and a fun lifestyle — working as a lawyer would offer a poor return on my time investment."
*** For Show Notes, Key Points, Contact Info, & Resources Mentioned on this episode visit here: Brian Sloan Interview. ***
Fabulous 4 Questions:
- 📖 📚 Favorite Book(s)? Atlas Shrugged By Ayn Rand.
- 🙌😎 Favorite Amazon.com purchase? Leica Q.
- 🌱💸 Favorite Tool that's GROWN your Business? We use Magento for eCommerce but all other systems we built, i don't like to be attached to a SaaS model milking me for money for years.
- 💭💡 BIGGEST Challenge keeping your Business from GROWING? Nothing is keeping us from growing, but we have a huge challenge in developing autoblow 3 and that product is what will take us from 6-7 to 10-15m.