Dan Novaes

And I was like taking a picture of the Palm Trio 600P. And so I would like take the pictures, get the serial numbers. And then I cross reference, found this jacket. And this one leather jacket was like selling there at the store for 180 bucks at this factory and outlet. And online, it was like 380. I bought three on emergency credit card, kept the receipt, you know, my dad's emergency card.

And I was like taking a picture of the Palm Trio 600P. And so I would like take the pictures, get the serial numbers. And then I cross reference, found this jacket. And this one leather jacket was like selling there at the store for 180 bucks at this factory and outlet. And online, it was like 380. I bought three on emergency credit card, kept the receipt, you know, my dad's emergency card.

And by the next day, I had sold all three, you know, and I made 680 bucks or something. And I was like, what the hell just happened? You know, I just made more money in this day that I had made the entire month of me working here times five, right? And so I think that that's like where that started thinking. And then I was like, oh, why don't I sell these items in Brazil?

And by the next day, I had sold all three, you know, and I made 680 bucks or something. And I was like, what the hell just happened? You know, I just made more money in this day that I had made the entire month of me working here times five, right? And so I think that that's like where that started thinking. And then I was like, oh, why don't I sell these items in Brazil?

And by the next day, I had sold all three, you know, and I made 680 bucks or something. And I was like, what the hell just happened? You know, I just made more money in this day that I had made the entire month of me working here times five, right? And so I think that that's like where that started thinking. And then I was like, oh, why don't I sell these items in Brazil?

It's worth even more there. And so over the course of the next five months, I made like 30 grand in profit just by reselling Polo stuff. Eventually had to leave that job, right? Some sustainable model in that sense.

It's worth even more there. And so over the course of the next five months, I made like 30 grand in profit just by reselling Polo stuff. Eventually had to leave that job, right? Some sustainable model in that sense.

It's worth even more there. And so over the course of the next five months, I made like 30 grand in profit just by reselling Polo stuff. Eventually had to leave that job, right? Some sustainable model in that sense.

wait you're buying all of this stuff from us how many uncles do you have how many uncles do you have and why do they need so many leather jackets in brazil um and so it was excessive but it was like the initial i think starting capital uh to get started and then um and where i started really noticing why i moved into electronics it was like at the time is like when apple ipod was getting really big and all this stuff um and you know uh internationally this isn't as much of a supply chain issue now but back back then this is like

wait you're buying all of this stuff from us how many uncles do you have how many uncles do you have and why do they need so many leather jackets in brazil um and so it was excessive but it was like the initial i think starting capital uh to get started and then um and where i started really noticing why i moved into electronics it was like at the time is like when apple ipod was getting really big and all this stuff um and you know uh internationally this isn't as much of a supply chain issue now but back back then this is like

wait you're buying all of this stuff from us how many uncles do you have how many uncles do you have and why do they need so many leather jackets in brazil um and so it was excessive but it was like the initial i think starting capital uh to get started and then um and where i started really noticing why i moved into electronics it was like at the time is like when apple ipod was getting really big and all this stuff um and you know uh internationally this isn't as much of a supply chain issue now but back back then this is like

almost 20 years ago, or probably 20 years ago, typically, electronics would come out in America first. And then everywhere else, it was like three to six months later. So in addition to that arbitrage that already occurs based on currency arbitrage, there was also the delay. And so I could be the first person selling something and then basically sell it to the wealthiest people of that country.

almost 20 years ago, or probably 20 years ago, typically, electronics would come out in America first. And then everywhere else, it was like three to six months later. So in addition to that arbitrage that already occurs based on currency arbitrage, there was also the delay. And so I could be the first person selling something and then basically sell it to the wealthiest people of that country.

almost 20 years ago, or probably 20 years ago, typically, electronics would come out in America first. And then everywhere else, it was like three to six months later. So in addition to that arbitrage that already occurs based on currency arbitrage, there was also the delay. And so I could be the first person selling something and then basically sell it to the wealthiest people of that country.

And then I saw that that would be true in the UK and Australia. You could buy electronics and then unlock the phones, like smartphones. You could buy like bricked phones that people didn't pay their bills on Verizon and AT&T, BlackBerry, or sorry, Verizon and Sprint at the time here. And you can make a couple hundred bucks. So that's kind of like how the business started.

And then I saw that that would be true in the UK and Australia. You could buy electronics and then unlock the phones, like smartphones. You could buy like bricked phones that people didn't pay their bills on Verizon and AT&T, BlackBerry, or sorry, Verizon and Sprint at the time here. And you can make a couple hundred bucks. So that's kind of like how the business started.

And then I saw that that would be true in the UK and Australia. You could buy electronics and then unlock the phones, like smartphones. You could buy like bricked phones that people didn't pay their bills on Verizon and AT&T, BlackBerry, or sorry, Verizon and Sprint at the time here. And you can make a couple hundred bucks. So that's kind of like how the business started.

And I literally set up a warehouse in the UK, then I moved to Australia, I did the same thing. And I was like hiring like my taxi cab driver, you know, that I... I lived in Australia for six months in college, and I literally hired a cab driver that was just a good guy I met. We interviewed him, and then that's how I was setting this stuff up. So that's where it all started.

And I literally set up a warehouse in the UK, then I moved to Australia, I did the same thing. And I was like hiring like my taxi cab driver, you know, that I... I lived in Australia for six months in college, and I literally hired a cab driver that was just a good guy I met. We interviewed him, and then that's how I was setting this stuff up. So that's where it all started.

And I literally set up a warehouse in the UK, then I moved to Australia, I did the same thing. And I was like hiring like my taxi cab driver, you know, that I... I lived in Australia for six months in college, and I literally hired a cab driver that was just a good guy I met. We interviewed him, and then that's how I was setting this stuff up. So that's where it all started.