How did Eddie start his own business?
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Eddie had a variety of entrepreneurial beginnings, each marked by different circumstances and challenges. Here are a few examples:
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Eddie Bernays began his career in public relations somewhat accidentally. Eddie stumbled upon the opportunity when he partnered with a friend to run a medical review and health journal. They promoted a controversial play as a public health issue, learning to leverage public causes for private gain 1.
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Eddie Antar, of Crazy Eddie's electronics stores, started by defying fair trade laws to undercut larger retailers on pricing. His business success was heavily aided by fraudulent activities from the very beginning, including skimming sales tax from cash transactions. This blend of rogue business tactics and deliberate planning helped Crazy Eddie gain a competitive edge 2 3.
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Eddy Lu, co-founder of GOAT, started with various entrepreneurial endeavors after quitting his job. He and his partner developed early iPhone apps, and later tried to create a passive income stream by investing in cream puff shops. The 2008 financial crisis forced them to become active business managers, a strenuous but informative experience 4.
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Eddie Vivas built his career in tech after dropping out of high school. He first created an ad tech company by leveraging his technical skills, and later sold it to focus on other ventures like Bright and Curated. His path was marked by passion, perseverance, and reinvestment of earnings into new projects 5 6.
Each of these examples highlights different pathways and strategic moves in starting and growing a business.
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