Stick With the Program
It looked like this entrepreneur's business opportunity was a bust, but it turned out it was just the seller who didn't meet his expectations.
Big opportunities sometimes come in small packages. For Mike Kasbohm, his came in the form of a 74-inch-by-26-inch photo booth. Kasbohm, 41, is president of STI Entertainment, distributor of the Kodak StickerPrint Entertainment Kiosk. This interactive photo kiosk offers 36 different backgrounds and produces 16 sticker photographs at a time. Kasbohm personally operates more than 30 kiosks in Minneapolis and surrounding areas. His opportunity came two and a half years ago, but it was one that required more work than expected.
In 2000, Kasbohm invested in the Kodak StickerPrint business opportunity for the first time. He paid $36,000 for six machines, only to realize that the marketing company that had sold him the kiosks had exaggerated its estimates of the returns. He received false information and zero support, and the seller promptly went out of business. "It was a business opportunity that gives business opportunities a bad name," Kasbohm says.
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