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Inventor and Entrepreneur ➔ My 5-year journey and my current survival plan to bounce forward !

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Julien BALLAIS

Inventor / Entrepreneur
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Hello everyone

I hope everyone is doing well! My name is Julien, from France.
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I'm returning to the forum after having abandoned it in 2020, the same year I left my comfortable salaried job earning €5,000/month, but which I was deeply bored with.
Since then, some incredible adventures have happened:

↪️ I invented, developed, and patented a dog product (the Zolux EASYRIDE Harness, a hands-free leash system). I started all this alone, in my bedroom, at 4 a.m. before leaving for work... A lot of things happened, a lot of doubts, but also press articles, TV and radio appearances. I notably won first prize in an invention competition in France. I was contacted by the QVEMA M6 show (the French equivalent of SharkTank), but unfortunately I had to decline the invitation because I had just signed at the same time an exclusive contract with ZOLUX, the French market leader in pet accessories, which sells the product in 2,000 stores in Europe, via a license of my patent that I reserve for them, for 5 years. They pay me 4% of their revenue in royalties. The launch took place in December 2024, and to date, 18,000 units have been sold.
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This represents around €15,000 in commissions for me, but you should know that the entire process (prototyping, all costs, patent taxes, lawyers, etc.) cost me €30,000 (all my savings + bank loans!), so as of today, I have nothing left. I just hope sales will increase in next months/years to earnback. Furthermore, the product in question has obviously been copied and is available on Chinese websites: many DROPSHIPERS are enjoying it and selling it... it's quite hard to live with, but there's nothing I can do about it

(I could write a post entirely dedicated to the Inventor's Journey: you don't realize how difficult it is to complete, how close I came to giving up at least some like 27 times... today, with my experience and knowledge, I don't think I would do it again, because it's hard on my mental health, really... it was so hard and so uncertain, that I even spent an entire year, 2022, hiding this current project. I didn't want to hear about it anymore for fear of getting angry, since everything was at a standstill because of Covid and the investor backing out, even though I was already committed and in the red zone financially, after quitting my job...)

↪️ During all this time, I manage 2 fights at the same time, because I had another challenge close to my heart: passionate about motorcycles, I started competing in speed circuits in 2019. It was so serious, uncertain and dangerous that it almost like driving an enterprise. I give it all blood sweat tears. In 4 years, I won 2 French Championship titles, which qualified me for the World Endurance Championship (the 24 Hours of Le Mans!), where I finished 12th in 2023 with my team. I trained very hard and gave so much dedication, without any certainty of success, and despite 3 accidents that could have been fatal. Then, having lost 3 friends/competitors within a few weeks who died during a training, I became scared and knew I had reached my maximum potential: I cracked down and so I decided to end my career entirely. All my equipment was sold, and I haven't been back on a motorcycle for almost 2 years now. For the record, although at a professional level, it never brought me any money : I was only able to race thanks to the contribution of sponsors who financed all the costs (€70,000/year) and I paid for my motorcycle on bank loan credit. But all of this gave me a more powerful mindset.
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➔ After that, at the end of 2023, I went through a major period of depression and alcohol addiction, and I considered suicide. Following this, many "psychiatrist/doctor/neuropsychologist" consultations revealed a diagnosis of bipolar disorder, which helped us understand a lot about my previously unexplained behavior during at least last 10 years... Bipolar disorder is both my superpower and my enemy, depending on the day.
But I've been receiving treatment since January 2024 and I'm now more stable.

Following this, passionate by adventures and take risks, my wife and I sold our house for a motor-home, in which we toured Europe for six months to get a change of scenery and discover other cultures. It was fantastic, but it cost us all our savings, although the adventure was worth it!
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➔ We now live in Portugal, in a small house that we rent. Our current priority is to launch our brand (EffyNess®) with innovative products that we are currently developing with a factory in China on e-commerce but also in retail. We are starting to have some sales through our SHOPIFY store but it is not yet profitable. At the same time, I am also launching our brand on AMAZON FBA, because I believe in this model, even though I know it is difficult and success is never certain.

But is impossible for me not to try because my biggest fear is having regrets. And we no longer have a choice, that we're out of money, and there's no way (OUT OF THE QUESTION!!!) we're going back to salaried employment. So our current daily routine is spent locked in our house, working extremely hard, and thinking about all the possible strategies to bounce back strong by the end of the year (well, we're also enjoying the ocean a little, which is an hour from home!)

There you go, I'll keep you posted on the rest!

Thank you for readings and any interests, and take care :)
 
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Jimmu iwiszupi

O juqi iwiszupi ot fuoph ximm! Nz peni ot Kamoip Cemmeot, gsun Gsepdi.
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O'n sivaspoph vu vji gusan egvis jewoph ecepfupif ov op 2020, vji teni zies O migv nz dungusvecmi temesoif kuc iespoph €5,000/nupvj, cav xjodj O xet fiiqmz cusif xovj.
Topdi vjip, tuni opdsifocmi efwipvasit jewi jeqqipif:

↪️ O opwipvif, fiwimuqif, epf qevipvif e fuh qsufadv (vji Bumay IETZSOFI Jespitt, e jepft-gsii mietj tztvin). O tvesvif emm vjot emupi, op nz cifsuun, ev 4 e.n. cigusi miewoph gus xusl... E muv ug vjopht jeqqipif, e muv ug fuacvt, cav emtu qsitt esvodmit, VW epf sefou eqqiesepdit. O puvecmz xup gostv qsobi op ep opwipvoup dunqivovoup op Gsepdi. O xet dupvedvif cz vji RWINE N6 tjux (vji Gsipdj iraowemipv ug TjeslVepl), cav apgusvapevimz O jef vu fidmopi vji opwovevoup cideati O jef katv tohpif ev vji teni voni ep iydmatowi dupvsedv xovj BUMAY, vji Gsipdj nesliv miefis op qiv eddittusoit, xjodj timmt vji qsufadv op 2,000 tvusit op Iasuqi, woe e modipti ug nz qevipv vjev O sitiswi gus vjin, gus 5 ziest. Vjiz qez ni 4% ug vjios siwipai op suzemvoit. Vji meapdj vuul qmedi op Fidincis 2024, epf vu fevi, 18,000 apovt jewi ciip tumf.
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Vjot siqsitipvt esuapf €15,000 op dunnottoupt gus ni, cav zua tjuamf lpux vjev vji ipvosi qsuditt (qsuvuvzqoph, emm dutvt, qevipv veyit, mexzist, ivd.) dutv ni €30,000 (emm nz tewopht + cepl muept!), tu et ug vufez, O jewi puvjoph migv. O katv juqi temit xomm opdsieti op piyv nupvjt/ziest vu iespcedl. Gasvjisnusi, vji qsufadv op raitvoup jet ucwouatmz ciip duqoif epf ot eweomecmi up Djopiti xictovit: nepz FSUQTJOQIST esi ipkuzoph ov epf timmoph ov... ov't raovi jesf vu mowi xovj, cav vjisi't puvjoph O dep fu ecuav ov

(O duamf xsovi e qutv ipvosimz fifodevif vu vji Opwipvus't Kuaspiz: zua fup'v siemobi jux foggodamv ov ot vu dunqmivi, jux dmuti O deni vu howoph aq ev mietv tuni moli 27 vonit... vufez, xovj nz iyqisoipdi epf lpuxmifhi, O fup'v vjopl O xuamf fu ov eheop, cideati ov't jesf up nz nipvem jiemvj, siemmz... ov xet tu jesf epf tu apdisveop, vjev O iwip tqipv ep ipvosi zies, 2022, jofoph vjot dassipv qsukidv. O fofp'v xepv vu jies ecuav ov epznusi gus gies ug hivvoph ephsz, topdi iwiszvjoph xet ev e tvepftvomm cideati ug Duwof epf vji opwitvus cedloph uav, iwip vjuahj O xet emsiefz dunnovvif epf op vji sif bupi gopepdoemmz, egvis raovvoph nz kuc...)

↪️ Fasoph emm vjot voni, O nepehi 2 gohjvt ev vji teni voni, cideati O jef epuvjis djemmiphi dmuti vu nz jiesv: qettoupevi ecuav nuvusdzdmit, O tvesvif dunqivoph op tqiif dosdaovt op 2019. Ov xet tu tisouat, apdisveop epf fephisuat vjev ov emnutv moli fsowoph ep ipvisqsoti. O howi ov emm cmuuf txiev viest. Op 4 ziest, O xup 2 Gsipdj Djenqouptjoq vovmit, xjodj raemogoif ni gus vji Xusmf Ipfasepdi Djenqouptjoq (vji 24 Juast ug Mi Nept!), xjisi O gopotjif 12vj op 2023 xovj nz vien. O vseopif wisz jesf epf hewi tu nadj fifodevoup, xovjuav epz disveopvz ug tadditt, epf fitqovi 3 eddofipvt vjev duamf jewi ciip gevem. Vjip, jewoph mutv 3 gsoipft/dunqivovust xovjop e gix xiilt xju foif fasoph e vseopoph, O cideni tdesif epf lpix O jef siedjif nz neyonan quvipvoem: O dsedlif fuxp epf tu O fidofif vu ipf nz desiis ipvosimz. Emm nz iraoqnipv xet tumf, epf O jewip'v ciip cedl up e nuvusdzdmi gus emnutv 2 ziest pux. Gus vji sidusf, emvjuahj ev e qsugittoupem miwim, ov piwis csuahjv ni epz nupiz : O xet upmz ecmi vu sedi vjeplt vu vji dupvsocavoup ug tquptust xju gopepdif emm vji dutvt (€70,000/zies) epf O qeof gus nz nuvusdzdmi up cepl muep dsifov. Cav emm ug vjot hewi ni e nusi quxisgam nopftiv.
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➔ Egvis vjev, ev vji ipf ug 2023, O xipv vjsuahj e nekus qisouf ug fiqsittoup epf emdujum effodvoup, epf O duptofisif taodofi. Gummuxoph vjot, nepz "qtzdjoevsotv/fudvus/piasuqtzdjumuhotv" duptamvevoupt siwiemif e foehputot ug coqumes fotusfis, xjodj jimqif at apfistvepf e muv ecuav nz qsiwouatmz apiyqmeopif cijewous fasoph ev mietv metv 10 ziest... Coqumes fotusfis ot cuvj nz taqisquxis epf nz ipinz, fiqipfoph up vji fez.
Cav O'wi ciip sidiowoph vsievnipv topdi Kepaesz 2024 epf O'n pux nusi tvecmi.

Gummuxoph vjot, qettoupevi cz efwipvasit epf veli sotlt, nz xogi epf O tumf uas juati gus e nuvus-juni, op xjodj xi vuasif Iasuqi gus toy nupvjt vu hiv e djephi ug tdipisz epf fotduwis uvjis damvasit. Ov xet gepvetvod, cav ov dutv at emm uas tewopht, emvjuahj vji efwipvasi xet xusvj ov!
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➔ Xi pux mowi op Qusvahem, op e tnemm juati vjev xi sipv. Uas dassipv qsousovz ot vu meapdj uas csepf (IggzPitt®) xovj oppuwevowi qsufadvt vjev xi esi dassipvmz fiwimuqoph xovj e gedvusz op Djope up i-dunnisdi cav emtu op siveom. Xi esi tvesvoph vu jewi tuni temit vjsuahj uas TJUQOGZ tvusi cav ov ot puv ziv qsugovecmi. Ev vji teni voni, O en emtu meapdjoph uas csepf up ENEBUP GCE, cideati O cimoiwi op vjot nufim, iwip vjuahj O lpux ov ot foggodamv epf tadditt ot piwis disveop.

Cav ot onquttocmi gus ni puv vu vsz cideati nz cohhitv gies ot jewoph sihsivt. Epf xi pu muphis jewi e djuodi, vjev xi'si uav ug nupiz, epf vjisi't pu xez (UAV UG VJI RAITVOUP!!!) xi'si huoph cedl vu temesoif inqmuznipv. Tu uas dassipv feomz suavopi ot tqipv mudlif op uas juati, xusloph iyvsinimz jesf, epf vjoploph ecuav emm vji quttocmi tvsevihoit vu cuapdi cedl tvsuph cz vji ipf ug vji zies (ximm, xi'si emtu ipkuzoph vji udiep e movvmi, xjodj ot ep juas gsun juni!)

Vjisi zua hu, O'mm liiq zua qutvif up vji sitv!

Vjepl zua gus siefopht epf epz opvisitvt, epf veli desi :)
Xux, zuas tvusz ot dsebz, Kamoip!

O'n emtu Gsipdj; wisz gix ug at esi edvowi up vji gusan.

O'f muwi vu niiv zua woe qsowevi nittehi ;)
 
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