Two entrepreneurs who started off on the wrong foot

Posted by suzyQ under Marketing
From http://www.targetmarketingmag.com 6114 days ago
Made Hot by: on February 28, 2008 4:05 pm

The king of high-end tchotchkes (Richard Thalheimer, former CEO and chairman of The Sharper Image) and queen of low-end tchotchkes (Lillian Vernon) have been dethroned. Their bankruptcies were expected. How could this happen? Both Vernon and Thalheimer launched businesses without paying their dues. Ultimately, neither of them knew what the hell they were doing.

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Comments

Written by ILuvMktg
6115 days ago

Interesting, but I think he's being a little hard on these businesses. I bet most of the users on this site would be happy to "accidently" become as successful as these two were at their peak.

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