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Business

The childhood friends earning millions by repairing used iPhones

admin
February 26th, 2015


This article is more than 9 years old.

What started as a hobby has turned into a profitable business with 15 employees

Two childhood friends, Nino Friis and Julius Winther, have built a million kroner business repairing and reselling old iPhones, reports TV2.

In addition to running online store brugteiphones.dk, Friis and Winther are already opening their third physical shop next Monday. 

By the end of this year, they expect to have between eight to ten stores across Jutland, Funen and Zealand .

From a hobby to a profitable business
While Friis worked previously in a management position at TDC, Winther studied economics.

"Besides studying, Julius also repaired phones for his friends and family," Friis explained to TV2.

"Once, I went to his place to get my girlfriend's phone fixed, and that's when we got talking about whether we should start our own business."

Friis then quit his job and Winther dropped out of school. 

Growing fast
Initially, they only repaired broken phones, but soon they realised people were interested in buying used phones too.

They buy used and damaged phones for 450 kroner, fix them up and resell them.

Today, Friis and Winther have 15 employees and expect to generate revenue of 30 million kroner in 2015.


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Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

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At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

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Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

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