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LIFEAID

drink brand seeded via CrossFit fridges

0 transcript mentions
0
mentions
12
receipts
4
numbers
2
episodes
By type
12
  • Number4 · 33%
  • Story2 · 17%
  • Tactic2 · 17%
  • Take2 · 17%
  • Prediction1 · 8%
  • Fact1 · 8%
By speaker
12
  • Guest10 · 83%
  • Shaan2 · 17%
By topic
21
  • E-commerce11 · 52%
  • Marketing / Growth5 · 24%
  • Side Hustles1 · 5%
  • Acquisitions / M&A1 · 5%
  • Personal Finance1 · 5%
  • Investing1 · 5%
  • Health / Fitness1 · 5%

Key numbers

4 figures

In the moments

12 linked receipts
Story

LifeAid grew by giving CrossFit gyms a free mini-fridge and a case

Shaan's friend grew the LifeAid/FitAid drink brand by giving CrossFit gyms a free $79 mini-fridge plus a free case of FitAid, since gyms had no fridge or vending machine and couldn't sell candy. Gyms made a little income and reordered, seeding distribution through the CrossFit network.

And he got his break by giving— he basically went to CrossFit gyms and he said, hey, CrossFit, you don't have a mini fridge. I will give you a free mini fridge and a case of FitAid. Here you go. You know, here's a $79 mini fridge and a case of FitAid.

Steal thisSeed distribution by giving channel partners the free hardware that unlocks selling your product.

EP 187 · 36:06 · SHAAN
Read at 36:06
mfmindex.com№ 0187-2166
Number

LifeAID hit $35M in revenue in a beverage space with a 99% failure rate

Shaan notes LifeAID is doing about $35 million in revenue for the year — a rare outcome given that, as the founder adds, the beverage category has a roughly 99% failure rate.

$35M
Annual revenue · USD/year
You guys are doing $35 million in revenue, I think, this year, right about.
EP 30 · 2:28 · SHAAN
Read at 2:28
mfmindex.com№ 0030-148
Story

They bought 80 '-Aid' domains in one night, including Boner Aid

Brainstorming brand names, the founders registered partyaid.com on a birthday, then bought 80 domains in a single night — anything ending in 'Aid', including fitaid, golferaid, and boneraid.com for $12. FitAid became the breakout brand.

And then one night on his birthday, you know, so we registered partyaid.com on his birthday. And then we're like, well, if we do Party Aid, we CrossFit, let's do one for fitness called fitaid. And we golf, let's do one golferaid. We even got boneraid.com for $12.
EP 30 · 5:21 · AARON HINDE
Read at 5:21
mfmindex.com№ 0030-321
Number

The can manufacturer's minimum run was 204,000 units

When the broke founders called Rexam, the largest US can supplier at the time, the rep told them the minimum production run was 204,000 units — far more than they could afford, which forced them to chase blank 'silver bullet' overrun cans instead.

$204K
Minimum can production run · units
He says, well, the minimum run's 204,000 units. Well, we didn't have that much money.
EP 30 · 6:37 · AARON HINDE
Read at 6:37
mfmindex.com№ 0030-397
Number

The can manufacturer's minimum run was 204,000 units

When the broke founders called Rexam, the largest US can supplier at the time, the rep told them the minimum production run was 204,000 units — far more than they could afford, which forced them to chase blank 'silver bullet' overrun cans instead.

$204K
Minimum can production run · units
He says, well, the minimum run's 204,000 units. Well, we didn't have that much money.
EP 30 · 6:37 · AARON HINDE
Read at 6:37
mfmindex.com№ 0030-397
Tactic

When you sell your business, take the cash up front — don't finance it

Hinde sold his chiropractic practice on a payment plan to fund LifeAID; the buyer went bankrupt in six months, leaving him with no practice income and no payout. His lesson: take the cash up front rather than seller-financing the sale.

So any entrepreneurs out there, take the cash up front. Do not finance it. Right. Take care of us. Uh, so we go super thin, like super thin cuz we burned through all our savings starting the company. And I mean, we're eating like mac and cheese and tuna every night

Steal thisWhen selling a business, demand cash up front instead of seller financing — the buyer's failure shouldn't become your loss.

EP 30 · 11:56 · AARON HINDE
Read at 11:56
mfmindex.com№ 0030-716
Tactic

The 'free fridge with 10 cases' direct-mail playbook copied from Red Bull

LifeAID grew by mailing CrossFit gym owners 4 free cans with a sales letter, then offering a free refrigerator if they bought 10 cases — replicating Red Bull's tactic of putting branded fridges in bars, but aimed at gyms that often had no fridge at all.

Inside of it, it had a copy that, that we wrote that just said, hey, drink this ice cold after your next workout. Here's why it's so great. Here's why it's so good for you. And by the way, if you buy 10 cases from us, we'll give you a free refrigerator. Right? Okay. And this is back in the day when CrossFit gyms maybe had water and they didn't even have a refrigerator. So it was a very appealing offer. It was basically doing what Red Bull did in bars, but we doing the CrossFit gyms, right?

Steal thisFind the channel a category leader owns (Red Bull in bars) and re-run their playbook in an adjacent, neglected channel where you have community credibility.

EP 30 · 15:52 · AARON HINDE
Read at 15:52
mfmindex.com№ 0030-952
Take

Pick one target market or burn out trying to serve all of them

Running three products (GolfAid, FitAid, PartyAid) each with separate sites, social, and events left the team in chaos. An advisor told Hinde to choose a single target market; they killed the larger GolfAid to go all-in on FitAid because CrossFit showed faster adoption and better sell-through.

And he's like, you got to choose a single target market or else you're going to burn yourself out, you're gonna run out of all your cash and get nowhere, no traction with any of the community. So even though Golfraid was bringing in about $700 grand at the time, we looked at the trajectory, the sell-in and the sell-through of FitAid in the CrossFit market and said, you know what, they're doing better volumes, we're getting, you know, greater adoption, quicker adoption. So we went all in on the smaller one.

Steal thisKill the bigger-but-slower product and concentrate everything on the smaller line with faster adoption velocity.

EP 30 · 17:47 · AARON HINDE
Read at 17:47
mfmindex.com№ 0030-1067
Take

Pick one target market or burn out trying to serve all of them

Running three products (GolfAid, FitAid, PartyAid) each with separate sites, social, and events left the team in chaos. An advisor told Hinde to choose a single target market; they killed the larger GolfAid to go all-in on FitAid because CrossFit showed faster adoption and better sell-through.

And he's like, you got to choose a single target market or else you're going to burn yourself out, you're gonna run out of all your cash and get nowhere, no traction with any of the community. So even though Golfraid was bringing in about $700 grand at the time, we looked at the trajectory, the sell-in and the sell-through of FitAid in the CrossFit market and said, you know what, they're doing better volumes, we're getting, you know, greater adoption, quicker adoption. So we went all in on the smaller one.

Steal thisKill the bigger-but-slower product and concentrate everything on the smaller line with faster adoption velocity.

EP 30 · 17:47 · AARON HINDE
Read at 17:47
mfmindex.com№ 0030-1067
Number

Each CrossFit gym was worth ~$2,500/year, and signups hit 200/month

LifeAID's direct-mail gym acquisition compounded fast: 12 new gyms the first month, then 30, 50, and eventually 200 a month — with each gym generating roughly $2,500 a year in revenue.

$3K
Annual revenue per CrossFit gym account · USD/year
The next month we got 30, then we got 50, then we were hitting like 200 a month. Wow. And these things are each like $2,500 a year in revenue, right? Right. So it starts adding up quick.
EP 30 · 19:33 · AARON HINDE
Read at 19:33
mfmindex.com№ 0030-1173
Prediction
Miss

Hinde: $250M in sales will make LifeAID a $1.2B company

Asked how big LifeAID gets, Hinde predicts it becomes a billion-dollar company, projecting that roughly $250 million in sales would value it at over $1.2 billion.

About $250 million in sales will put us over a $1.2 billion.
EP 30 · 24:24 · AARON HINDE
Read at 24:24
mfmindex.com№ 0030-1464
Fact

65% of shoppers read the label before trying a new product

Hinde cites that about 65% of people now read nutrition labels before making a new purchase — a shift he says rewards transparent, clean-ingredient brands and exposes companies that hide sugar, sweeteners, or serving-size tricks.

It's like 65% of people now read labels prior to making a new purchase, which is great. I love label readers. I love nutritionists. I love doctors. You know, I love people in the know because they're looking at this can and they're going, okay, let me see the sugar content.
EP 30 · 27:13 · AARON HINDE
Read at 27:13
mfmindex.com№ 0030-1633