HALO Talks: Elevating Wellness
Business
Episode #431: Russ Meneve-From Successful Stand Up Comic to HALO Entrepreneur
Russ Meneve, an entrepreneur and inventor, experienced a life-changing event when he suffered a severe injury from a free weight bar a few years ago. It left him with a torn shoulder, requiring surgery and a grueling year-plus recovery period. Throughout this challenging journey, Russ realized there was a notable lack of safety measures available in the market to prevent such accidents.
He embarked on a mission to create something that could prevent injuries during free weight lifts. After months of experimentation and development, he and his team successfully invented an absolute game-changer. This innovative device features a laser that runs across the bar, allowing users to let go at any point during a lift. Upon release, the device promptly stops the bar from moving further. The versatility of the product enables it to be easily attached to existing racks and machines in any gym without the need for additional equipment purchases.
Russ's journey from successful stand up comedian, to injury, to recovery, to entrepreneur showcases his resilience and determination. His dedication to ensuring the safety of others and his relentless pursuit of a solution has brought about an incredible invention that has the potential to revolutionize the fitness industry.
If you're a gym owner, you absolutely need to reach out to Russ today at his LinkedIn page to learn more.
Some key moments:
[00:05:53] Enormous market for gym equipment with recurring fees.
[00:08:18] Gym accidents and injuries, bar safety solution.
[00:10:56] Initial design, iterations, and lifter feedback.
[00:16:40] Investors, rolling cap raise, reaching full amount.
[00:19:49] Inexperienced, but positive, successful entrepreneur's journey.
[00:21:55] Funding brings potential for 50+ gym units.
[00:24:29] Commercial release and safety.
A few key takeaways:
Click here to download transcript.
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