My $10M+ Mistake Became My Biggest Lesson | Avi Houllou
Avi Houllou is the founder of iBuy, a multi-billion dollar global electronics distribution powerhouse with offices in NJ and Miami. In this clip, I talk with Avi about losing tens of millions of dollars in a deal with Sixth Avenue Electronics and what he learned from it. He explains what went wrong, why he chose not to file bankruptcy, and how he rebuilt by paying back every dollar. We also get into trust, reputation, and why the hardest setbacks often become your biggest advantages. If you’re serious about business, this is a perspective you need to hear. Enjoy! __________ Check out Joey Shamie, Co-President of Delta Children, on Momentum: https://www.youtube.com/watch?v=VY_1fK8kZ80 __________ SPONSORS: • Yazdi Entertainment: New York's Premiere Event Production Company. yazdientertainment@gmail.com or (646) 765-5643 • The Hedaya Capital Group: Your Trusted Financial Services Partner. Visit https://HedayaCapital.com or info@hedayacapital.com • Jeff Sitt Consulting: Book Your Free Pivot and Prosper Strategy Call Today! Visit https://JeffSitt.com • Real Property Captive: Own Your Insurance. Recapture Your Premiums. Visit https://RealPropertyCaptive.com Special thank you to Salt Steakhouse for the amazing meal! Visit SaltGourmetMarket.com to order. __________ ABOUT MOMENTUM: 🎙️ Momentum brings you the stories, advice, and wisdom of business visionaries, designed to inspire and guide you on your path to success. Be sure to subscribe on all platforms: YouTube: https://www.youtube.com/@TheMomentumPod Spotify: https://open.spotify.com/show/1jOPoArXfY3OU5uv4BpA3h?si=0311640b82154d1b Apple Podcasts: https://podcasts.apple.com/us/podcast/momentum/id1762657981 Instagram: http://instagram.com/momentumpodcast_ __________ GEAR (please use my affiliate links to make me rich!) • Cameras: https://amzn.to/3UuwW5o • Podcast Mics: https://amzn.to/3J5QWsv • Clip-on Mics: https://amzn.to/3H52iwo • Mic Stands: https://amzn.to/4kZj4uL • Lights: https://amzn.to/45lA5up • Tripods: https://amzn.to/4lHHQAI