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Brightpoint: it's not a household name but the global distributor touches one of every five wireless devices in U.S. and 42 million worldwide.

Publication: Indiana Business Magazine
Publication Date: 01-MAR-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Brightpoint: it's not a household name but the global distributor touches one of every five wireless devices in U.S. and 42 million worldwide.(Cover story)

Article Excerpt
LOOK AT ROBERT LAIKIN'S resume and you might conclude that he's a serial entrepreneur. Though he's now settled in as CEO of Brightpoint Inc., one of the biggest players in the wireless business, back in his Indiana University days he was so occupied with starting new businesses that his education became an afterthought.

While in 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...

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