David Packouz - Entrepreneur | The Real 'War Dogs' Gunrunner Who Made $300 Million Trafficking Arms
David Packouz - Entrepreneur | The Real 'War Dogs' Gunrunner Who Made $300 Million Trafficking Arms  
Podcast: Success Story with Scott D. Clary
Published On: Sat Nov 30 2024
Description: ➡️ Start Here: https://stan.store/scottdclary ➡️ Like The Podcast? Leave A Rating: https://ratethispodcast.com/successstory ➡️ Join 321,000 people who read my free weekly newsletter: https://newsletter.scottdclary.com ➡️ About The GuestDavid Packouz went from being a struggling massage therapist to landing a $300 million Pentagon contract supplying weapons to the Afghan Army. Partnering with his former schoolmate Efraim Diveroli, their Miami-based company AEY Inc. rapidly transformed into a major military contractor – until their empire came crashing down amid allegations of fraud and illegal arms trafficking from Chinese and Eastern European sources.After pleading guilty and serving house arrest, Packouz traded guns for guitars, reinventing himself in the music tech world. He founded Singular Sound and created the BeatBuddy, a revolutionary drum machine that helped wash away his reputation as an international arms dealer. His wild journey from weapons trafficking to musical innovation later inspired the 2016 Todd Phillips film 'War Dogs,' starring Miles Teller as Packouz. ➡️ Show Links       https://www.instagram.com/davidpackouz/https://x.com/DavidPackouz/https://www.linkedin.com/in/david-packouz-7268929/ ➡️ Podcast SponsorsHubspot - https://hubspot.com/  Stan - https://join.stan.store/scottdclaryBusiness Made Simple Podcast - https://businessmadesimple.comNetSuite — https://netsuite.com/scottclary/Indeed - https://indeed.com/claryRange Rover Sport - https://www.landroverusa.com/CIBC Innovation Banking Podcast - https://www.innovationbanking.cibc.com/podcasts/LinkedIn Jobs - https://linkedin.com/excellence ➡️ Talking Points00:00 - Intro02:41 - David’s Journey Begins07:54 - Choosing Culture Over Religion15:30 - First Steps in Business26:10 - Entering the Arms Trade30:45 - Selling to the Government33:13 - Red Flags in a Partner41:07 - Big Arms Deals50:20 - The $300M Deal1:00:00 - Sponsor: Business Made Simple Podcast1:00:30 - Fact vs. Fiction in War Dogs1:04:04 - What Went Wrong in the Deal1:30:58 - Why the Feds Came After David1:37:30 - Preparing for House Arrest1:55:00 - Finding a Market for BeatBuddy1:56:54 - Sponsor: Range Rover Sport1:58:29 - BeatBuddy’s Secret to Success2:00:33 - Selling and Marketing Music Tech2:06:05 - Spotting a Winning Product2:12:00 - Fixing Problems: Software vs. Hardware2:14:27 - Mastering Behavior Change2:16:30 - Marketing to the Masses2:18:24 - Making One-Time Sales Profitable2:20:42 - Managing Multiple Businesses2:26:51 - Will David Sell His Companies?2:29:17 - Lessons from Arms Dealing2:52:55 - Who Can Do Government Contracting?2:56:58 - War Dogs Academy: Where to Start3:05:20 - Why the Government is a Dream Client3:14:00 - Advice to My 20-Year-Old Self