Carmen had a boyfriend who was, in polite terms, a knucklehead.
Let’s call him Dr. Salvatore.
He wasn’t very bright, but he was deeply impressed — especially by Carmen’s lifestyle.
When they met, he couldn’t quite process how successful she was or where the money came from.
Instead of asking questions, he jumped straight to a conclusion: if he married Carmen, he could become rich too.
In his mind, the formula was simple.
There had already been a Fuat and a Carmen. That partnership had built a real business. So why not recreate it?
His business model was essentially Fuat & Carmen 2.0 — except this time, he would be Fuat, and Carmen would be his business partner.
It sounded perfect.
The only problem was that neither of them had the slightest idea what the business would actually be — beyond becoming really, really rich.
After some brainstorming, they landed on what I came to call the neck business.
They preferred a more sophisticated name: relationship management.
There was no product.
No service.
Just talk, motivation, and promises.
Dr. Salvatore imagined himself as a motivational speaker — Tony Robbins, but better. At least in his own mind.
To get started, they needed capital.
That part wasn’t difficult — at least not from his perspective. Carmen had millions in the bank. Once the business took off, he assured her, they would make millions more.
So she began investing her money into his ideas.
* * *
Dr. Salvatore — a foot doctor from a Caribbean medical school with a suspended medical license — suddenly became an entrepreneur at the age of sixty.
One week he was pitching solar panels over the phone. The next week, he was hosting a podcast — in my New Jersey mansion — complete with drone shots flying into my living room as he opened his live show.
It was a major production.
With a major budget.
None of it made sense.
* * *
Dr. Salvatore would lean over to Carmen and say,
“Honey, when was the last time Fuat was at the office?”
She would answer,
“Maybe a year ago?”
He’d shake his head.
“Honey, you’re working so hard. You’re doing your job and his job, and he’s keeping half the money. That’s not fair to you.”
Then he’d smile and seal it.
“Trust me. In our new business, it will just be you and me. No Fuat.”
* * *
With this new man in her life, Carmen became confused. She wanted to believe in him — and in his so-called business ambitions. The distraction began to affect her focus at work.
At the time, I had a full staff on payroll producing two major events each year: New York at the Javits Center and Silicon Valley at the Santa Clara Convention Center, six months apart. These shows had to be sold, produced, and delivered with precision.
I may not have been physically in the office every day, but I was fully on top of the business. I worked online with every department, every manager, every decision.
Carmen was there in person with the team.
I was there everywhere else.
How would Dr. Salvatore know that?
He hadn’t even figured out what I did for a living.
* * *
I was in Africa when I received Carmen’s email.
Her husband, she wrote, needed a second hip surgery — both hips — followed by a long and delicate recovery. She said she would need three months off.
Something didn’t feel right.
I called Joan.
“There’s no hip surgery,” she said. “Sal is fine. He’s at the gym every day lifting weights.”
That’s when the alarm bells went off.
* * *
I started digging.
What I discovered stunned me.
Dr. Salvatore and Carmen had quietly recruited my entire staff — people still on my payroll. The management photos and bios on their new website were my own employees.
Except I was still paying their salaries.
The photos were professionally produced. Dr. Salvatore sat on a couch in my New Jersey mansion like royalty, surrounded by my staff standing behind him.
Each of them had new titles.
New job descriptions.
All working for Dr. Salvatore’s “neck business.”
* * *
When I checked their social media accounts, I realized something even worse.
This hadn’t just started.
It had been going on for years.
Around that same time, Carmen’s daughter took over accounting from Joan after more than two decades. The money was now fully in the hands of Dr. Salvatore, Carmen, and her daughter.
That, too, had been happening for years.
This is what happens when you fully trust your partner.
* * *
I returned to Florida and soon received a call from the IRS.
At the Fort Lauderdale office, an agent opened my tax return, flipped to a page, and said,
“Do you see this section here — Schedule C rolling into Schedule D?”
I told her I didn’t follow.
“That’s fine,” she said. “Put a yellow Post-it note on this page and take it to court. Tell the judge your partner has been taking hundreds of thousands of dollars from your business without your knowledge.”
She paused.
“The judge will know exactly why I highlighted it.”
The next day, Dr. Salvatore showed up unannounced in Florida.
He wanted to return the money.
No lawsuits.
No court.
I called my attorney, Alan Asher.
Within days, the paperwork was completed. Carmen’s forty-nine percent ownership interest was returned to me.
Once again, I owned my company one hundred percent — just like day one.
* * *
That Friday, I emailed everyone in the office and fired them all.
Later that night, my parking-lot security camera recorded Dr. Salvatore walking out of the building at two in the morning — carrying the accounting computer.
I shut everything down.
* * *
I emptied the office.
Returned the keys to my landlord, Steve Perillo.
Paid the remaining rent balance.
I did it all remotely — from Florida.
Then I returned to Turkey to be with my daughter.
The timing couldn’t have been better.
We were between our East Coast and West Coast events.
I arrived at my Istanbul apartment overlooking the Marmara Sea, opened my laptop, and sat quietly for a moment — taking in the view, the silence, and the reality that I was starting over again, just like in the old days.
With zero staff — a serious payroll savings, by the way — I secured my upcoming event dates. I had six months to deliver New York, and another six months after that to produce Silicon Valley.
On a six-month deadline, I delivered one of the best conferences of my career — entirely by myself — from that Istanbul apartment.
Conference program.
Ten simultaneous tracks.
Six keynotes.
Two hundred world-class speakers.
Faculty coordination.
Sponsorship and expo sales.
Freeman Decorating.
Delegate sales — $1,250 Gold Pass tickets.
Every detail an international conference requires — handled alone.
And it raised a question I asked myself every day:
Why did I ever need an entire staff?
Instead of explaining what people should be doing at their desks, I was simply doing the work myself — faster, better, and more efficiently.
With my ADHD and a slight touch of autism, the conference website looked better than it had in more than a decade. Every email inquiry was answered within sixty seconds — one of the original rules I had set when I first launched the company. For the first time in a long time, I was genuinely thrilled. It was a one-man show — and it worked beautifully.
* * *
Did you hear that, Dr. Salvatore?
During those months, Carmen kept asking people around me the same question:
“Who’s producing this show?”
The answer never changed.
“Fuat is doing it himself. Every single detail. He has no staff.”
She refused to believe it.
So she asked again.
“Who is running the show?”
Still, the answer stayed the same.
* * *
We delivered New York in November.
Next came Silicon Valley in June.
Throughout my career, I had always valued input from my team. Collaboration had built much of what we achieved.
But this time was different.
This show would be produced my way — no input needed.
* * *
I secured Expo Halls C and D — 43,652 square feet — and took ownership of the divider between them, creating one massive, uninterrupted footprint.
Hall C became the keynote hall, set banquet-style for 2,000 delegates.
Hall D — 21,828 square feet — became the expo floor.
It was bold.
It was expensive.
And it was exactly how I envisioned it.
* * *
I also secured fifteen meeting rooms for our twelve conference tracks.
The Silicon Valley event became the strongest show we had delivered at the Santa Clara Convention Center in more than two decades.
The expo floor sold out.
That afternoon, our blockchain keynote was livestreamed worldwide to more than 30,000 viewers, as Oracle used our stage to unveil its long-anticipated blockchain product.
Everything aligned — vision, execution, and timing.
* * *
My daughter, Sofia, worked the registration desk alongside a dozen agents. It ran more smoothly than any registration operation we had ever had at that venue.
Including the Freeman crew, audiovisual teams, and catering staff, more than one hundred people worked across the three days of the conference.
And somehow — from an apartment overlooking the Marmara Sea — I had produced and coordinated it all with zero full-time staff and no partner to share the profits with.
What ever happened to Dr. Salvatore and his neck business?
After years of halfhearted attempts, I believe he finally gave up — without generating a single cent of revenue. He’s now back to selling solar panels to homeowners, which, ironically, is exactly what he was doing when the two of them first met — in his basement bedroom rental, wedged beside a garage.
* * *
As we packed up and headed to the airport in Santa Clara, Covid hit.
The world shut down for the next four years.
Lesson learned?
Maybe for everyone around me.
Never underestimate the owner who built the business from nothing.
The world may shut down.
Businesses may disappear.
But the man who built it once can always build it again.