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Is this business a scam?

Published Jun 17, 2026 Transcribed Jul 14, 2026 E Entrepreneur
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Bikes without pedals? A $12M business

35s

The counterintuitive concept of a pedal-less bike becoming a multi-million dollar business sparks curiosity and disbelief.

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How a toddler gift created a million-dollar brand

45s

The underdog story of a founder persisting despite skepticism from retailers is relatable and inspiring.

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From $10M to $12M: The balance bike boom

45s

Hearing specific revenue growth numbers makes the success tangible and impressive, driving engagement.

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The kid who inspired it all now works there

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The emotional full-circle moment of the founder's child joining the company adds a heartwarming twist that viewers love to share.

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Bikes without pedals? Sounds kind of like a scam. Turns out, it's a 12 million dollar business. Andy Loveland founded Early Rider after his toddler got a balance bike as a gift. What everyone else saw was a bike that was missing half its parts. Retailers were skeptical. Andy, he kept going. He designed lightweight, low -to -the -ground bikes, built around one principle, making progression easier so kids went further, earlier. Turns out, they loved it. Early Rider hit

10 million dollars last year, and it's on track for 12 million in 2026. 26 the kid who inspired it all he just joined the company you're missing feature it might just be the whole point The kid who inspired it all? He just joined the company.

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