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Speaker 1: Everything can be known, the past, present, future.

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Speaker 2: Am I the only one? Oh my gosh, the plot

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Speaker 2: thickens again because we wonder what's inside the steel red box.

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Speaker 3: You've had people with photogenic memories?

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Speaker 2: What about the lost limb from extreme from an extreme incident,

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Speaker 2: truck attack.

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Speaker 3: Broke out of a prison?

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Speaker 2: That was?

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Speaker 3: Yes?

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Speaker 4: Well this morning, So how this works is I've got

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Speaker 4: a question in a box that has been submitted up

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Speaker 4: to our d MS on Instagram this morning, Sam got

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Speaker 4: the sentence.

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Speaker 3: Any freaks there or any freaky ones? Let's lid in.

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Speaker 5: Let's just say Tom's d MS and a lock box

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Speaker 5: are not too far from each other.

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Speaker 3: Hand in hand coming out of that.

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Speaker 4: So, yes, this segment, am I the only one in

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Speaker 4: Sydney who has done something pretty special? All right, here

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Speaker 4: we go?

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Speaker 2: Oh the prison breakstore?

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Speaker 3: Is it?

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Speaker 4: Am I the only one who is a self made

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Speaker 4: millionaire under thirty?

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Speaker 2: Oh he's good.

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Speaker 3: So you're looking for young entrepreneurs Tommy.

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Speaker 4: Exactly right, FITZI, and Sam was the one who dmd.

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Speaker 3: Us this story.

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Speaker 2: I love young achievement.

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Speaker 4: Yeah, well Sam is on the line now, Good morning.

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Speaker 6: Hello Sam.

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Speaker 2: Firstly, can we ask the question how old are you?

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Speaker 6: Fifteen?

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Speaker 2: Fifteen years old.

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Speaker 3: Sam, Have you sold Have you sold a business?

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Speaker 6: Yeah? I sold my Amazon business.

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Speaker 3: So I thought, okay, so what can you tell us

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Speaker 3: what the business were you using? Amazon? Is that how

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Speaker 3: you were using your business?

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Speaker 6: Yeah, it's an e commerce business. So we sell our

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Speaker 6: plastic cuts on Amazon.

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Speaker 3: Wow?

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Speaker 2: So you selld So you created the plastic cups, did you, Sam?

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Speaker 6: Yeah, we saw them and got them manufactured and then

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Speaker 6: we send them to Amazon and they're sold in America.

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Speaker 3: Right. So why are your plastic cups better than any others? Sam?

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Speaker 6: Well, we have really great, high quality plastic cups, which

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Speaker 6: is better than all the competition, which mostly used acrylic.

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Speaker 3: Yes.

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Speaker 6: And it's more durable, high quality. It's more environmentally friendly

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Speaker 6: because it's reusable and recyclable, and it doesn't have common

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Speaker 6: issues the other plastics has, like clouding and not being

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Speaker 6: dish rotted space.

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Speaker 3: Wow. Sam?

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Speaker 2: Can I ask the personal question? And the headline reads

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Speaker 2: how much did you sell it?

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Speaker 6: For a million dollars?

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Speaker 3: Sam?

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Speaker 5: When did you come up with the idea? How old

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Speaker 5: were you when you came up with the idea.

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Speaker 6: I was about thirteen when I came up with the idea.

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Speaker 6: I've been looking for an Amazon product because I wanted

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Speaker 6: to start an Amazon business. And it came across me

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Speaker 6: when I was taking and drinks to my parents by

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Speaker 6: the pool and I tripped over smashing them, and I thought,

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Speaker 6: oh wow, what a great idea would it be to

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Speaker 6: have some beautiful, unbreakable, fancy cups that you could use

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Speaker 6: by the pool.

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Speaker 3: And environmentally friendly as well? Sam?

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Speaker 2: Yeah, definitely, So Sam, how quick did business take off?

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Speaker 2: I mean the minute you launched your cups? Was there

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Speaker 2: advertising required as well to push it or did it

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Speaker 2: just catch on?

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Speaker 6: Yeah? It did catch on pretty well. It took about

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Speaker 6: a year and a half to go to what we've

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Speaker 6: done now. We use PPC advertising, which is kind of

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Speaker 6: like Google ad words, where it pushes traffic on Amazon

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Speaker 6: just to our products from certain right.

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Speaker 3: Is that that kind of stuff Sam?

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Speaker 5: That you know we talk about this now where you'll

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Speaker 5: have a conversation with someone and then all of a

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Speaker 5: sudden on your phone like a half an hour later,

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Speaker 5: and ad all pop up about the conversation you were

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Speaker 5: just having. Yeah, so if someone was talking about cups,

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Speaker 5: would that identify what was going on and your.

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Speaker 3: AD would pop up on people's phones and stuff like that?

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Speaker 6: No, you need to search cups into Amazon, but it

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Speaker 6: is quite a large market, especially for plastic cups. You'd

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Speaker 6: have to get a bit more specific for that, otherwise

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Speaker 6: it'd be spending too much money trying to advertise to everyone.

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Speaker 3: Sam.

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Speaker 2: I love that this happened so naturally for you and

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Speaker 2: that you realized there was a hole in the market

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Speaker 2: after tripping and smashing the cups a million dollars? What

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Speaker 2: do you do with that? Do you reinvent yourself with

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Speaker 2: a new product now?

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Speaker 6: Or Yeah, first, I just need to finish high school.

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Speaker 2: Forgot about that.

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Speaker 6: Yeah, And I'm thinking of investing the money. I'm really

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Speaker 6: interested investing, and I've invested in stocks like technology companies

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Speaker 6: like Tesla and fintech companies like so Far and affirm.

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Speaker 5: Sam, you are so more adplance than I was when

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Speaker 5: I was fifteen or fifteen.

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Speaker 3: Sam can I who bought the company.

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Speaker 6: Sam Owner Brands bought the company. Yeah, yeah, and we

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Speaker 6: sold to them because we sold to them because they'd

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Speaker 6: just been formed and they had a lot of expertise

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Speaker 6: and money in capital which we didn't have, like we

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Speaker 6: kept getting out of stock yep. So we wanted them

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Speaker 6: to take it to the next level.

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Speaker 5: Can you have, Sam, did you negotiate that deal? Like,

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Speaker 5: did they come did they come to you with a

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Speaker 5: smaller deal than that? You are your kidding yourself. Come

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Speaker 5: back to me when you're ready.

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Speaker 6: Yeah, definitely. They approached us and the first offer was

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Speaker 6: about save one hundred and fifty thousand. I'm like, oh,

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Speaker 6: you're dreaming, I love, I have a few issues with this,

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Speaker 6: and so after a few times, we came to an

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Speaker 6: agreement on the one million idea.

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Speaker 5: Imagine a fifteen years being in a meeting and going mate,

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Speaker 5: he's seven hundred and fifty year old, guys.

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Speaker 3: Ha, you dreaming? Sam?

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Speaker 2: Did you hold on to any of it at all?

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Speaker 2: Or did they keep you on?

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Speaker 6: They hold on to a little bit of money with

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Speaker 6: a stability payment and an earnout.

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Speaker 2: Okay, okay, Oh that is really exciting, Sam, fascinating that

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Speaker 2: doesn't happen at the age of fifteen.

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Speaker 3: Any other ideas that have come to your semi over

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Speaker 3: the last year or two.

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Speaker 6: I know That's what I'm looking out for at like

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Speaker 6: our university the rest of school, I can think of

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Speaker 6: new ideas for businesses to start.

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Speaker 3: Sam.

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Speaker 2: I've been wanting to invent the dim sim flavored diet

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Speaker 2: pill hasn't taken off yet and I haven't made any

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Speaker 2: steps forward with it. But just leaving you with that one, mate,

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Speaker 2: it's all yours if you want to run.

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Speaker 3: With it, okay, telling me dreamon whip, I still have

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Speaker 3: a mup. I think.

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Speaker 2: That's first.

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Speaker 3: If Sam can sell a business for a million bucks

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Speaker 3: and we stuffed up them up, I mean, how do

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Speaker 3: we get wrong on shart?

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Speaker 2: Take there?

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Speaker 4: So the questions morning, is there anyone else out there?

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Speaker 4: She was a self made millionaire under thirty? Listening right now?

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Speaker 5: This is fascinating, awesome because you know what it puts

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Speaker 5: us into perspective of how bad we are in our lives,

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Speaker 5: doesn't it?

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Speaker 2: It's just a plastic cup now's he sold a million dollars.

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Speaker 3: But we're just looking at them for anyone else.

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Speaker 5: But they do look high class perhaps, but.

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Speaker 3: They're plastic and environmentally friendly, clever.

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Speaker 2: I hate the kid, hate you, I don't want any

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Speaker 2: I don't want any more. Call it fits.

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Speaker 1: Everything can be known, past, present, future, am I The

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Speaker 1: only one.

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Speaker 3: They were looking for? Well, people that have sold their

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Speaker 3: business under thirty? Is that what you look?

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Speaker 2: A self made millionaires under thirty?

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Speaker 6: Yeah?

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Speaker 4: That's right, it's self made the thirty years old and

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Speaker 4: we've had another cool guys.

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Speaker 2: Sam was fifteen years old sold his business for a

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Speaker 2: million dollars.

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Speaker 3: David's on the line. Good morning Dave, Good morning guys.

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Speaker 7: What's going good?

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Speaker 2: Dave? How what are you, buddy?

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Speaker 7: I am twenty six years old, tending twenty seven soon?

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Speaker 3: Well, how old were you when you became a self

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Speaker 3: made millionaire, Dave?

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Speaker 7: It's probably around twenty four as business mark?

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Speaker 2: Wow, what was the business you're in, Dave?

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Speaker 7: So I started timing Linket, the UDI and also Pupnats,

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Speaker 7: which is a dogbed brand, over the past three and

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Speaker 7: a half years.

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Speaker 2: You started the Udi.

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Speaker 7: Yeah, the Audi is one that most people know.

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Speaker 2: The UDI has been everywhere.

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Speaker 3: You're not the original inventor of the Urdi, are you?

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Speaker 7: Yeah? Well technically yeah, we definitely are. I launched it

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Speaker 7: that three and a half years ago now, so yeah,

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Speaker 7: we took a global and it's been a great journey.

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Speaker 2: For anybody that's not familiar with the Urdi. It's really

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Speaker 2: the modern day snuggie, That's what you're looking at, but

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Speaker 2: it's a lot more comfortable. It's bigger and bad era

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Speaker 2: and people can't get enough of them.

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Speaker 7: Yeah, definitely. Wear blue blankets have been around for a

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Speaker 7: very long time. We just made them thicker and better

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Speaker 7: with a tryant pocket.

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Speaker 3: Who came up with the idea?

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Speaker 7: Yeah, it was it was me actually the time we

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Speaker 7: were doing weighted blanket, yes, and three problems. So it

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Speaker 7: was kind of a natural progression to invent kind of

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Speaker 7: a wearable blanket as well, which is Yeah, it was

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Speaker 7: a good kind of progression and it kind of took

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Speaker 7: off more than the way to blanket.

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Speaker 2: All right, here's the question, Dave, how would you sell

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Speaker 2: it for?

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Speaker 7: Oh, that's a good question. It would be in the

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Speaker 7: nine figures. I would say, in the hundreds of millions.

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Speaker 2: Wow, over one hundred million.

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Speaker 3: Over one hundred millions, My god, Still the whole lot, Dave?

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Speaker 3: Or do you still have a percentage of it?

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Speaker 7: I didn't. I haven't sold it yet. That's just what

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Speaker 7: what I would sell it for. Yeah, you're not. We're

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Speaker 7: not really interested in selling at the moment. Plenty of

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Speaker 7: other options like raising capital or potentially listing on the

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Speaker 7: stuff Exchange. We're kind of open to any any option.

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Speaker 7: So that's evaluation you've put on it, yeah, or just

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Speaker 7: the general markets as well.

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Speaker 8: With chapped to a lot of investors, Dave, I want

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Speaker 8: to ask how do you take it overseas, Like who

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Speaker 8: do you approach and how do you get help to

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Speaker 8: get the global market?

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Speaker 7: The global market. So it's you know, we live in

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Speaker 7: a pretty opportunistic time for young people with social media marketing.

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Speaker 7: Everyone's pretty confident on the platform. So that's really all

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Speaker 7: you need to know is just paid media channels like

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Speaker 7: Facebook or TikTok. And yeah, you can essentially launch in

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Speaker 7: internationally quite easily. There's lots of warehouses that you can

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Speaker 7: just contract. It's pretty simple.

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Speaker 3: Have you used a celebrity to wear Wonderful?

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Speaker 7: We've never really had like a major celebrity. I think

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Speaker 7: a couple of them wear it on their own accord.

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Speaker 7: But now you haven't actually gone after any any major

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Speaker 7: celebrities at this.

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Speaker 2: Point, Tommy. First things first, I reckon, there's a fifteen

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Speaker 2: were already in it, great idea. Hey can you tell

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Speaker 2: me this though, Dave, What was it like when you

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Speaker 2: realized you hit a product that everyone was interested in,

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Speaker 2: so you would have done your initial marketing and then

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Speaker 2: all of a sudden waking up one morning going hang

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Speaker 2: on a minute, the bank account is full.

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Speaker 7: Yeah, So it's a really good feeling. I can't remember

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Speaker 7: the one time because you know, I was just start

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Speaker 7: up to just always go, go go, and you're kind

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Speaker 7: of wondering when it's all going to come crashing down,

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Speaker 7: to be honest. Yeah, but look, yeah, it is a

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Speaker 7: good feeling, and you know, we're doing some really fun

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Speaker 7: things with an amazing team. So yeah, I feel very blessed.

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Speaker 2: How big is the team, Dave? How many work for

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Speaker 2: your audio business?

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Speaker 7: We've got about seventy five between Adelaide and Melbourne.

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Speaker 3: So, Dave, how many offers have you had for the company.

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Speaker 7: Well, I haven't really gone out to tell the company.

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Speaker 7: Probably more looking at raising capital because you know, we've

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Speaker 7: got a lot, a lot more that we can do.

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Speaker 7: You know, we're buying businesses as well and transforming and

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Speaker 7: with our amazing teams.

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Speaker 3: So yeah, who would Dave like give us?

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Speaker 5: Like, would someone like a Walmart or a Kmart, would

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Speaker 5: they buy you?

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Speaker 7: Look, I think that they would probably more likely just

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Speaker 7: rip the product and launch something similar. There's there's it's

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Speaker 7: a very kind of a unique kind of business to

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Speaker 7: to purchase. We're probably more of an actual digital platform

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Speaker 7: rather than just an e commerce clothing brand at this point,

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Speaker 7: so you know that does marry the buyers, but as

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Speaker 7: I said, you know there's there's still people of other

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Speaker 7: people that are looking to build kind of a portfolio

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Speaker 7: of companies as well.

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Speaker 2: I love a dive side stories.

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Speaker 5: Great story, Dave, my congratulations, Faddi, Thanks, Ellis and Wear