In this riveting episode, we welcome entrepreneur extraordinaire Morgan Cislini. After selling his first blockbuster venture, Delicious Deliveries, for a staggering $320 million, Cislini dives headfirst into the international arms trade, navigating the complex regulations of ITAR and securing military contracts around the world. Not one to rest on his laurels, he then pioneers into the e-commerce space, rapidly scaling a CBD product business to $1 million in monthly sales.
Listeners will be captivated as Cislini shares his journey from food delivery to becoming a major player in the arms industry, and finally to cracking the code of e-commerce success. From discussing the intricacies of arms sales to revealing the importance of networking and the immense value of maintaining customer relationships, Cislini's story is not just instructive but also brimming with the thrills of high-stakes business. Strap in for a tale of perseverance, smart strategy, and the relentless pursuit of success.
Timestamped Overview:
00:00 Intro
02:26 Merged companies, sold to public, diversified industries.
09:44 Institutional funding enabled Delicious Deliveries' lucrative acquisition.
12:40 Building culture and connecting like-minded individuals effectively.
15:36 Join Reddit groups, connect, find information, network.
23:37 UN regulations hinder resource exploitation in Africa.
31:58 Scalability, profitability, competition, arms industry dynamics, government contracts.
37:00 Going rogue, circumventing regulations, living underground.
44:46 Networking secured my golden parachute with stock.
50:57 Customer retention through compelling value proposition.
54:22 Learning from investment failures, focusing on better solutions.
57:04 Success requires faith, self-investment, and strategic education.
01:02:19 Always listen and network proactively for growth.
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On Purpose with Jay Shetty
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