BIG LOSS BRINGS RICH GAIN
NUTRITION experts Jade Spooner and Amal Wakim have iced their journey from living on a couple of hundred dollars a week to owning a multimillion-dollar business with a dream debut on Forbes’ 30 Under 30 Asia Pacific list.
Best mates Ms Spooner, 28, and Ms Wakim, 29, co-founded fitness phenomenon Equalution in Sydney in 2016 after losing 50kg between them in the aftermath of quitting their IT jobs at Google.
Equalution offers personalised meal programs that combine healthy and favourite foods and an app that tracks nutrients consumed.
Last month, the duo were featured by Forbes in its 30 Under 30 (Asia Pacific) index under the category of Retail and e-commerce.
The nomination was influenced by the fact Equalution ranked No. 14 out of 50 companies last year for revenue growth over three years on Deloitte Technology’s Fast 50 Australia list.
During the past two years, Equalution’s revenue grew 987 per cent.
Ms Spooner, from Sydney, said she paid herself a $240 weekly wage in the first week of operation. Now, Equalution is a multimillion-dollar business with several thousand clients globally.
“It’s such a massive honour to be recognised by Forbes in the competitive Asia Pacific Region,” Ms Spooner said.
“We have worked so hard, consistently, over a long period of time and never gave up on our vision. We did a lot of free transformations at the start which built our reputability and brand awareness.
“In the beginning, we paid ourselves a $240 wage each week. We’d work throughout the night, often 16-hour days, as we either had no staff or very few staff.
“That all makes the Forbes recognition so satisfying.”