Forget smartphones, this 'Staten Island Hustle' star invested $200,000 in a 'dumb' phone

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Forget smartphones, this 'Staten Island Hustle' star invested $200,000 in a 'dumb' phone
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If you're looking to simplify your life, and break up with your cell phone, this 'dumb phone' might do the trick.

It's no secret consumers love smart phones: One report estimated there will be six billion of them by 2020. And, the market to sell those phones is dominated by giant companies like Apple, Samsung and Google.

Dom Detore, a serial entrepreneur, general contractor and star of"Staten Island Hustle," saw the product's simplicity as an opportunity and invested $200,000 in the business, he tells CNBC. That's fine by Detore, who has many side gigs himself:"[Dean's] office is in the back of a car dealership, but good ideas come from anywhere," he says on"Staten Island Hustle."

What piqued Detore's interest about the product is the promise of recurring revenue. Dean explains on the show that the phone has to be purchased with a connectivity plan, ranging from $13 to $45 per month."Does it have YouTube? Does it have apps?" Ronnie asks on the show."I ain't taking it then."

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