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69

Product Partners LLC

In-home fitness and beauty/wellness products

Carl Daikeler (left) and Jon Congdon (right)
Company Details
Location: Beverly Hills, CA
Founders: Carl Daikeler, 43, Jon Congdon, 43
Year Started: December 1998
Initial Investment: $500K

Turned a Profit: 2000
First Million: 1999

2002 Sales: $33M
2006 Sales: $139M

Number of Employees:
Day 1: 2
2006: 98
2007: 185*

* Projected by 2008
Company Background
Founded by Carl Daikeler and Jon Congdon in Beverly Hills, California, Product Partners LLC is the creator of Beachbody, one of the nation's most popular in-home fitness and weight-loss solutions. Beachbody's products include Power 90, Kathy Smith's: Project YOU and Yoga Booty Ballet. With a bustling online community, the health and wellness-advocate company is kicking up its net sales up to $139 million.
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