When Logan Stout was younger, he loved sports like baseball. He could look at a sports field and develop winning strategies to gain the upper hand in a game. He graduated from J.J. Pearce High School in Richardson, Texas where he had been born and raised in his youth. Mr. Stout was on the Student Athletic Council in high school years and became a model student, even earning the title of MVP in his junior and senior years on his basketball team.
Mr. Stout has credited much of his success to his early years spent in sports where he learned valuable lessons that followed him into adulthood. IDLife follows a similar philosophy of helping people to pursue a life of better nutrition, wellness, and health. IDLife has been able to help many people to reach their health goals through customized nutritional assessment that pertains to each individual customer.
One of the ways IDLife has been able to cater to their consumer base is by disrupting the vitamin and supplement market through their unique business model. The market for supplements and vitamins makes on average $23 billion each year. The market for this industry is heavily fragmented too, with five companies accounting for about 20% of the entire industry.
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The reason IDLife has grown is due to the aging baby boomer population which has increased the demand for dietary and vitamin supplements. America has also experienced an increased awareness and education in healthy living alongside the rising costs of medical care. The market has only continued to grow every year despite economic woes and the recent recession that hit America.
Logan Stout is the Chairman and CEO of this phenomenal company and is a self-made multi-millionaire when it comes to business ventures. He has built a world class corporate team focused on attracting high profile investors and catering to IDLife’s consumer base.