Chapter
International Fashion Smuggling
47:46 - 51:10 (03:23)
The podcast discusses the concept of "fashion smuggling," where people pay others to bring luxury items across borders to avoid high taxes. They also touch upon the pricing discrepancies between different countries for luxury goods.
Clips
Fashion can be an exhausting business with the need to keep up with changing trends in colors, scents, styles, and patterns.
47:46 - 48:32 (00:46)
Summary
Fashion can be an exhausting business with the need to keep up with changing trends in colors, scents, styles, and patterns. Simplifying the process by focusing on a specific niche, such as men's tuxedos or big and tall sizes, offers a respite from the ever-changing demands of the fashion industry.
ChapterInternational Fashion Smuggling
EpisodeThe Startup Sins Of Uber, Why Scaling Is Overrated, and More
PodcastMy First Million
Learn about a booming industry of luxury shopping proxies, where people pay others traveling overseas to purchase luxury items at a lower price due to currency differences.
48:32 - 49:59 (01:26)
Summary
Learn about a booming industry of luxury shopping proxies, where people pay others traveling overseas to purchase luxury items at a lower price due to currency differences.
ChapterInternational Fashion Smuggling
EpisodeThe Startup Sins Of Uber, Why Scaling Is Overrated, and More
PodcastMy First Million
Grabr.io is a startup marketplace that connects shoppers to overseas travelers who can purchase and deliver items for a commission.
49:59 - 51:10 (01:11)
Summary
Grabr.io is a startup marketplace that connects shoppers to overseas travelers who can purchase and deliver items for a commission. The platform is based on travel arbitrage and 'Louis Vuitton drug mules'.