The King of Collectibles Sold $10M+ Worth Of NBA Memorabilia

Read time: 3 minutes

GM! It's Friday, May 8th - Today we're uncovering an entrepreneur who sold $10M+ worth of sports collectibles after building one of the largest discount retailers in Puerto Rico. Let's dig in!


This King of Collectibles Sold $10M+ Worth Of NBA Memorabilia

Jim Tanenbaum just sold over $10M in basketball memorabilia through the Goldin Collectibles marketplace.

In fact, he's known for owning one of the world's largest NBA memorabilia collections. Naturally, this begs the question - what's his day job?

Here's His Business

Jim is the President of Me Salve, a leading discount store chain in Puerto Rico, boasting over 100 locations.

With nearly 30 years as President & CEO, Jim Tanenbaum has consistently reinvested profits to expand this discount empire. But what's the secret to his success, and how does this business model operate?

How It Works

Discount stores like Me Salve thrive by offering a diverse range of products at budget-friendly prices. They prioritize operational efficiency to minimize costs, streamline supply chains, and maintain slim profit margins on high-volume sales.

The Numbers

Building a store akin to Dollar General can cost as little as $250,000. Despite operating on thin margins, about 7-8% in Dollar General's case, this model scales impressively. For instance, Dollar General, with over 19,146 locations, boasts a market cap of $48 Billion!

The Playbook

The success of discount retailers hinges on several key strategies:

  • Cost Efficiency: Low overheads enable these stores to pass savings onto customers. This includes economical store setups, efficient supply chain, and inventory management, and rigorous cost control.

  • Strategic Locations: Discount stores often serve areas overlooked by other retailers, especially in rural or low-income urban zones. This approach helps tap into underutilized markets.

  • Private Labels: Many discount retailers host their own private label brands, allowing them to maintain competitive prices while preserving reasonable profit margins.

  • Understanding the Customer: Discount retailers cater to their price-sensitive clientele by offering essential products at lower prices and conducting regular sales or discounts.

  • Adaptability: These retailers adeptly adjust to shifting consumer behaviors. For instance, during a recession, they capitalize on increased consumer thriftiness.

So What?

With consumers increasingly seeking value for money, discount retailers are set to flourish. Retailers like Dollar General and Dollar Tree have seen visits surge by 22.8% and 15.3%, respectively, since pre-pandemic levels.

As Me Salve's founder, Tanenbaum is well-positioned to capitalize on this trend, potentially amassing even greater wealth.

Discount retail might lack glamour, but as Jim Tanenbaum's success demonstrates, it's an industry ripe with potential for those who understand its mechanics. The time is now to build businesses optimized for value.


Revolutionary Material Could Add YEARS to Spinal Patients Mobility

800,000 people need a cervical disc replacement every year, but current replacement discs can limit mobility and wear out over time.

Dymicron found a way to give people replacement discs that last a lifetime and preserve mobility. Their patented joint replacement tech is on the path to FDA approval – and they’re taking investors in the meantime.

Here’s what makes this such a unique opportunity…

85% of the population will have some disc degeneration by age 50.

The options for treatment today are spinal fusions, which limit mobility, OR inferior replacement discs.

In other words, most people will wish they had a more durable, mobile joint implant than what exists today.

Dymicron’s patented spinal disc implants are made using a diamond-based material 1,000X more durable than standard metal.

Their Triadyme-C disc also mimics the natural motion of spinal discs, making it a much better option than spinal fusions that reduce flexibility and lead to additional surgeries down the road.

Currently, Dymicron has:

That’s quite the track record for such a young company.

And it’s not often you get to invest in an early-stage company that could potentially improve the health and quality of life for millions of people.

Don't miss out on the opportunity – become a Dymicron investor now. 

Disclosure: This is a paid advertisement for Dymicron’s Regulation A+ Offering. Please read the offering circular at

Please support our sponsors


Buffet Compares AI To An Atomic Bomb

Billionaire Warren Buffett, CEO of Berkshire Hathaway, voices concerns about artificial intelligence (AI), equating its potential impact to that of the atomic bomb, during the company's annual meeting.

Key Points:

  • Buffett drew parallels between AI and the atomic bomb, emphasizing its potential to drastically change the world.

  • Despite acknowledging AI's remarkable capabilities, Buffett highlighted its inability to replicate human thinking and behavior.

  • Buffett expressed concern about the vast and possibly disruptive capabilities of AI.

  • Charlie Munger, Vice Chairman of Berkshire Hathaway, expressed skepticism about the hype surrounding AI, advocating for traditional intelligence.

  • Both Buffett and Munger's comments reflect increasing scrutiny of AI among influential figures.