On today's episode of Momentum, we hear from Avi Houllou, President and CEO at iBuy, a global electronics distributor of products from Apple, Sony, Dell, and more. Avi shares his remarkable business journey, which includes his once-thriving business going to zero overnight. Join us as Avi tells us the story of how he soared to new heights, learned from that harrowing experience, and the #1 most important factor when running a business.

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(00:00) Intro

(01:25) What do you do?

(03:10) First jobs

(5:45) What gave you the courage to start your own company?

(07:12) What was it like growing the company?

(09:52) Setbacks faced while growing company

(14:23) Getting into the wholesale business

(16:02) Apple approaching Avi to work together

(22:28) Losing everything and rebuilding

(27:12) How did you build back after losing it all?

(30:43) Importance of community activism

(36:46) Advice for young adults who are scared to follow their passion

(39:48) Momentum Moment and closing advice

(43:19) Outro