FEWDM drops high-tech fitness devices, pivots to workout apparel

January 2, 2018  |  Startland News Staff

Tommy Saunders, FEWDM

Not every promising startup venture can keep the ball moving toward the end zone. It’s a lesson FEWDM founder Tommy Saunders says he’s blessed to have learned — despite the bittersweet turn for the former Detroit Lions receiver’s company.

“We have a strong brand that our customers connect with and have grown to love,” Saunders said in a blog post. “For the time being, we have decided to pivot our business and connect with those customers through a line of apparel.”

The Kansas City-based fitness tech firm has discontinued sales and manufacturing of its popular OmniBall and Rock 360 devices, Saunders announced last week in the blog post.

“We’re saddened by this news as these products were created to be great workout tools, nothing more, nothing less,” he said. “However, we are proud to say that there are currently over 15,000 units in circulation throughout the world.”

Founded in 2013, FEWDM was a 2016 LaunchKC winner and a 2017 Digital Sandbox KC grant recipient, finding rapid success with consumers. That quick growth, however, proved to be a double-edged sword, Saunders said.

“In 2016, we grew too big, too fast and a six-month delay with an investment caused major issues with our manufacturer, which affected our supply chain,” he said. “Seeking inventory financing to help with these issues was our light at the end of the tunnel, however, despite broad efforts we have been unable to reconcile terms that would allow FEWDM to flourish.”

The situation reflected “two years of suck” that enveloped the company and his team, Saunders said.

“It did truly suck for me and my wife, as well as some of my investors,” he said. “But, I was never homeless, never missed a meal. I had clothes on my back, and I was healthy. So in the grand scheme of things, I was perfectly fine. I was just experiencing some pretty sucky First World problems.”

While Saunders accepts the turn of events as a blessing in disguise, he said, the former Mizzou football standout also said he’d be lying if he didn’t acknowledge the hardship and challenges the company faced with its fitness tech products.

“If you asked me in the past two years ‘How are things going?’ I would have responded ‘Good’ and tried to switch the subject, but if you asked about the business, I would have told you that we have done $1.2 million in sales and we are working on raising capital and everything is going to turn out great,” he said. “But things didn’t turn out great. We basically went out of business.”

Saunders admitted to making mistakes and took responsibility for the decision to shift the company’s direction, as well as the circumstances that led to the change, he said.

“I invested every dollar I had, borrowed money from family and friends, took out loans. I was late on every personal bill I had so we didn’t have to file bankruptcy on the company. I doubled my personal debt so I could pay my employees,” he said. “Even though my heart and intentions were in the right place, it didn’t matter. Results are all that matter, and I failed to deliver results.”

Tommy Saunders, FEWDM apparel

Tommy Saunders, FEWDM apparel

FEWDM’s new workout apparel line represents an exciting new opportunity for the brand, as well as a chance to make things right, Saunders said.

“Mentally, I take pride in not letting anything phase me and it comes from my belief in the Lord,” he said. “I 100 percent trust the Lord with all of my heart and I believe that no matter what He puts me through I can handle. It’s for a purpose, and He will bring me out of it so I can live with that and still have hope.”

“What is the hardest for me in this situation is all the failed promises I made,” Saunders added. “I made them with every intention to keep them and yet I let everyone down. This is my new motivation, to make good on all of the promises that I made no matter how long it takes. I will get it done. Lord willing.”

Saunders and his wife, Kacie, who are expecting their first child later this month, also recently launched a marketing company, KCMO Media.

“I still think I had some really great products with my startup, but after seeing the success I’ve had with our clients and my ability to execute the marketing strategy, I realized that I just might be a better marketer than my products were good,” he said, noting KCMO Media’s early results. “It’s dope! It’s fresh! It’s awesome diving deep into other companies, saving them money, and growing their revenue.”

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2018 Startups to Watch

        stats here

        Related Posts on Startland News

        Rick Usher: How coffee shop culture fuels KC’s startup ecosystem

        By Tommy Felts | January 30, 2017

        Editor’s note: Opinions expressed in this commentary are the author’s alone. Coffee shops play a significant role in the growing success of Kansas City’s startup community. Back in September, Startland News readers offered their top picks for best coffee shops for meetings and I’m taking off on that topic now to dig deeper into the…

        LaunchKC grants contest to offer $100K grand prize in 2017

        By Tommy Felts | January 27, 2017

        Kansas City’s popular grants competition LaunchKC has raised the stakes for applicants in 2017. Instead of allocating $500,000 via 10 equally-sized grants, LaunchKC will dish out eight awards of $50,000 and one $100,000 grand prize. In 2016, LaunchKC drew more than 400 tech startup applicants for the second year in a row. Applications open on…

        Three tips to landing in the Techstars KC accelerator

        By Tommy Felts | January 27, 2017

        Techstars new local accelerator is on the lookout for ten tech companies to join the Kansas City accelerator’s inaugural class. In an effort to cull suitable applicants, Techstars KC managing director Lesa Mitchell recently shared some of the top traits the program is looking for in companies.   “The Techstars team in Kansas City is…

        Photo gallery: Pipeline pitches and the Innovators gala

        By Tommy Felts | January 27, 2017

        Pipeline Entrepreneurs celebrated 10 years in style Thursday at the Midland Theater. Check out this photo gallery of the organization’s pitch contest and gala. For more: Here’s a feature story on the gala. Here’s a news story on the award winners. Here’s more background on the organization and its leader, Joni Cobb.