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The Indicator from Planet Money

Lessons from a former drug dealer

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 16 May 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

Are the skills from dealing drugs transferable to the world of legal entrepreneurship? We review the evidence and meet Coss Marte, a former drug dealer who built a successful fitness routine business after a long time in prison.

Transcript

Click on a timestamp to play from that location

0:00.0

NPR.

0:03.6

At the age of 13, Cosmarte made his first drug deal.

0:15.8

He bought an ounce of marijuana, he bagged it up and he sold it to his school friends,

0:20.6

making nearly $300 that week.

0:23.1

I was just supplying the man.

0:24.9

I was supplying the man.

0:25.9

I don't know, it just came naturally to me.

0:29.2

And I feel like that's how entrepreneurship got to me too in the same sort of way.

0:35.7

Cos grew up on the lower east side in New York City in the 1980s and 90s.

0:40.1

And as a kid, he wanted to be rich like his cousins and the older guys he saw on the street.

0:45.0

Some of them had chains and their friends had the fancy cars and beautiful women and giving

0:52.0

out single dollar bills to kids.

0:54.9

I would run up to them and ask them for dollars.

0:57.5

And the fastest way to get rich that cost new was by dealing drugs.

1:01.8

He was so good at it that he soon became a prolific drug dealer with an extensive cocaine

1:06.8

delivery network.

1:07.8

But now he's firmly on the legal side of business.

1:11.5

He found in his own fitness company with plans to expand.

1:14.6

And in the world of criminal justice and advocacy, you do hear stories like Cosmarte's

1:19.0

from time to time.

1:20.0

A drug dealer turned successful legal business owner like a restaurateur or a self-employed

1:25.6

plumber.

...

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