|
...education became afterthought.
While Bloomington in the early 1980s, he rented out bunk beds, brokered tickets and put video games into restaurants to share the revenue. "My grades kept going down and down but I was making more and more money," he recalls. Laikin left Bloomington only partway through his undergraduate studies, picked up some classes at Indiana University-Purdue University Indianapolis but mostly kept at the business of business. He became involved in renovating historic properties, then contracting, then painting. The ticket brokerage he helped launch in college continued to grow and branched into travel.
By the middle of the 1980s, the high-flying young entrepreneur's life changed forever when a salesman named Arnie Goldberg walked into his office and sold him an expensive new gadget. "It was a briefcase phone--I think I paid $4,000 of $5,000 for it," Laikin recalls. Besides being pricey, the phone's coverage was poor and its signal was often full of static. "He came back a month later and said, 'How do you like the phone?' and I said, 'I love this phone!'"
Laikin gave Goldberg a list of 100 referrals he thought would be good candidates to buy one of the new mobile phones. Within three weeks, Goldberg bad sold phones to half of the people on the list and came back for more names. "I said, 'I want...
NOTE: All illustrations and photos
have been removed from this article.

More articles from Indiana Business Magazine
Are HSAs the answer? President Bush's proposals make health savings ac..., March 01, 2006 Real estate update: the latest commercial developments and trends arou..., March 01, 2006 Indiana small * business reference * guide., March 01, 2006 Good debt or bad debt? Growing a business: Is credit the answer?(india..., March 01, 2006 Wellness programs: they decrease health-care costs for small business,..., March 01, 2006
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|