#2052 Ray J – Nearly broke to $116 million earbud business

Ray J, the musician and TV star, wanted to be a tech entrepreneur like you. He launched an electric bike, but it didn’t go as well as planned. “I wasn’t listening to anybody,” he says of that time. His finances suffered from unfruitful startup attempts. Then he teamed up with Ray Lee, whose family was in the electrics business, and opened himself up to helpful advice. Today, he makes RAYCON earbuds. Not only is the company generating real revenue, but it’s products are loved by both celebrities and YouTube tech reviewers. Ray J and Ray Lee are the founders of Raycon, a wireless audio brand. Sponsored byRippling – Rippling brings together Payroll, Benefits, HR, IT, and more so you can manage all your employee operations in one place—from onboarding to offboarding. They offer features like Automatic Compliance and Automatic Tax-Filing so you never have to worry. Use their library of pre-built reports or create custom ones. Rippling is a payroll solution built for every size business, small or large. To get a demo, go to Rippling.com/mixergy. More interviews -> https://mixergy.com/moreint Rate this interview -> https://mixergy.com/rateint