Dylan VanasFounder & 2x 8-Figure Entrepreneur Empowering Growth

He Lost 50K His First Week Of Business

Name: He Lost 50K His First Week Of Business
Uploaded: 2022-12-30T15:00:21+00:00
Duration: 30 s
Channel: Dylan Vanas
Description: Danny Mita, president of Next Life Devices, lost $50,000 in his first week buying and selling used phones at age 24. Over 10 years he built the company…

30 Dec 2022 · 1 min

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Danny Mita, president of Next Life Devices, lost $50,000 in his first week buying and selling used phones at age 24. Over 10 years he built the company into a wholesaler serving retailers. He tells young entrepreneurs to pursue their dreams anyway and fight back after setbacks.

Questions this video answers

Next Life Devices

President

Used mobile phones to wholesalers and retailers

Over 10 years

I'm Dylan, here with.
Danny Mita from Next Life Devices. We're a used mobile phone company. We sell phones to wholesalers, retailers.
What's your role at the company?
I'm the president of the company. We've been around for over 10 years.
As the president of the company, what's your day to day? What do you do?
I'm in the office from 8am, buying, selling all day, just non stop.
What kind of results growth have you seen in 10 years of doing this?
Crazy results, man. We went up, I mean we went down. There's ups and downs.
How old are you?
34.
For someone who's 24 back when you were 24 looking to start a business, what would be your advice or recommendation?
I would say pursue your dreams. Don't be scared. When I first started at 24, I lost $50,000 my first week of business and I could have folded and shut down. Hits will keep on coming, but you got to fight back, dude.
I love that. Thank you man. I really appreciate it.
Appreciate it.