Calculate production, postal, and potential ad placement costs.

Sell, sell, sell.

And these phones are generating about 100 million dollars for the company.

So I'm selling 950,000 cupcakes a year.

So what's the profit going to be? So let me write this down.

Let's say it has a slight impact on utilization.

That amount times 52 weeks, i.e. weeks per year

By the way, the how many is a classic question, and the answer is it depends.

But this is, of course, an optimistic scenario. Let's think of other scenarios.

It happened in many places around the Caribbean.

So fair enough.

And I was part of that.

And their value proposition, as even they realized later, was pretty unclear.

1963, James Edward Kilkelly is convicted of stealing a vending machine.

Sold

PHOTO RELEASE

What do you sell?

Let me write this down.

We call it a select opportunity .

It was a great success.

They defer the payments.

Sale of 5,000 bullets, received 7,500,000 yen...

Nothing stopping you from selling beer to the parents. That's a whole new revenue stream

He's like, you know what, we have to match his prices.

My dad sells tractors.

Frankfurters were first sold in the United States in the 1860s.

We don't sell you the phone, we don't sell you the monthly plan.

It's only sold by a phalanx of street hawkers who run around the streets of Lagos at bus stations and in traffic jams and sell it as a snack, and it's been sold that way for 40 years.

This is the PC guy over here.

Usually, it's about 50 percent. They're very fair.

I'm a salesperson.

I had to break a machine open.

Our liquor license!

What's so awesome about a queensize futon sale?

This guy is a Bible salesman.

The way the TV industrial complex works, is you buy some ads, interrupt some people, that gets you distribution.

In a physical channel, a direct sales force are sales people that work for you directly and typically sell directly to the end user.

The most amazing thing has been the interest on the part of the public 210,000 people have ordered these participation kits since we launched two years ago, which has raised around five million dollars, the majority of which, at least half, is going back into the Legacy Fund.

How did you manage?

LB

The next phase it hit was displacement.

Android apps are available in 190 countries across the globe and paid apps are available in 132 of those countries.

Retailers and mass merchants often, though not always, get their products supplied through distributors.

And the reason why they're the sell side is because they're always selling you stuff.

And that's better than what you get out of treasury bonds.