Misfits Market is an online grocery delivery service that sells “ugly” organic produce for cheap. In the first four months of 2021 alone, Misfits Market rescued the same amount of food it saved in 2020 as a whole. In 2020, Misfits Market shipped 77 million pounds of food to more than 400,000 households across the U.S. Since launching in 2018, Misfits Market has expanded to both coasts, has over 1,000 employees and has received over $300 million in funding. Bloomberg reports its valuation tops $1 billion, putting it into unicorn territory. But Misfits Market wasn’t an obvious success. In fact, it was just one of many businesses started by its 29-year-old founder Abhi Ramesh.
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How Abhi Ramesh Built Misfits Market
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Just saw an add on YouTube so I ordered a box, can't wait to see the quality of the products. Good Idea Man! Blessings continued.
This guy is a baller
God I wish I had a good business idea and that amount of money
I think fresh direct is bigger
this is scam business. please do not sign up on their website they will automatically start sending random stuff and charge your credit card and they will not refund the money
Right now, things are a little weird. The US dollar is becoming less valuable for purchasing goods, but it is becoming more valuable overall. Due to people investing their money in dollars for security, assets like equities, homes, cryptocurrencies, and precious metals aren't doing as well as they could. I'm concerned that my $320,000 in savings will depreciate quickly. What should I do with my cash to keep it secure?
How you Created a business that steals for a living!!!
Misfit Markets gets rich by stealing from people who are barely making it! I would NOT call them a success. I would call them thieves.
Steal and resell them online for money – easiest way to get rich
Very inspiring 👏
One of the fastest ways to build wealth is by identifying a problem and providing a viable solution
Have just cancelled my membership. Since the price rise, the quality has fallen, boxes aren't packed catefully – resulting in broken, leaking, spoiled food. Dairy orders aren't sealed & leakage is constant. I haven't had a single order WITHOUT problems since the price rise. I also don't like being told when I'm allowed to shop as Misfits does. Misfits now is just a higher priced rip off.
What do you do with all the bad food that start to spoil?
Im looking for a partner with a huge company for my business and i have a business meeting with them this Thursday! What would you suggest to have in place before the meeting!
im starting a different organic food waste business.
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
There is a need for this kind of service but he's raping customers with his sky high prices.
$5 apples. Give me a break!
While his concept is noble, I had to end my account with both Misfits and his newly acquired Imperfect Foods. Why? Imperfect and now Misfits through their warehouse has a VERY POOR track record in packing goods safely and properly. Why use insulated bags if the packers are TOO LAZY to seal them? Makes for food safety of perishable items questionable.
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Born on 2nd base and hit a home run. But he's aware of the priviliage of having a rich friend.. so.. cool
I don’t think the grocery from misfits is really cheap ! They are super expensive
WARNING: check the online reviews!
This is a really inspiring story about how taking a calculated risk and finding a way to solve a problem can lead to success. Abi did a great job of coming up with a solution that nobody else thought of. Best wishes to MisFits company.
It is interesting how this kind of founders navigate the whole aspect of the business. For this case, the logistics process, its a challenge to employ people (esp. in leadership) who will participate on the business vision the founder has.
Indian parents sacrifice a lot for their kids, i'm glad he acknowledged. His dad's ROI was the last 1 min of this video.
They are called wonky here
Want the truth about the rip off for prices on "Misfits?" – Here it is https://www.youtube.com/watch?v=Uigtk9hN4P0
In India and I want to believe in all Asian developing countries, this concept of selling gone bad produce in less price is age old practice. It is done directly by the farmer to the consumer or the shop keeper to the consumer. My father used to bring such produce a lot when we were kids and most of the times my mother used to find large amount as eadible. This is a business in USA and can be or already a business in urban areas of developing countries because of the mentality to get only fresh produce or most of the time best in look and feel produce.
Well India today is also world's fastest growing startup ecosystem. You could have done great in Indian economy as well.
I’m so inspired. Thank you!
Wonderful success story
How the fk do you raise that much capital in first place being 29 with 35k
Seeing these kinds of businesses that are good for humankind doing well is really really great.
You've reduced me to imbecility and want me to work?
Smart guy. And very down to earth.
There’s a lot of good immigrants out there and people hate them meanwhile they make better America and provide jobs and find solutions
Sheesh… In just 2 Years it grows exponentially… I just wonder how he managed all the things. I myself already had headache just keeping up 2 groceries stores…
1:55 200k revenue and he's projecting 350M in the next year?? How tf?
does this really make any money? or is just a concept that is funded by VC.
Noooooooooooooo!!
Where There’s Will, There is a Way. Find a Way to Serve the Many for Service Many Leads to Greatness Amen
Now do misfit for medicines.
Based jeet.
Another scam business
yeah this is really good I hate wasted food. Especially when so many people go hungry even in developed nations
Such an inspiring story.
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