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Entrepreneur William P. Lear; Inventive Mind: His creativity changed communication, transportation.(LEADERS & SUCCESS)

Investor's Business Daily

| January 04, 2006 | COPYRIGHT 2006 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: KEN HOOVER

Bill Lear was 24 years old, and practically broke when he moved to Chicago in 1926.

No matter to him. He was determined to make a success of himself in the two fields he loved: radio and aviation.

For a time, he repaired radios out of his apartment. Then, in 1927, a big radio convention brought manufacturers in the fast-growing industry to town to show off their latest products, radios that ran on AC power.

But there was a problem: the hotel hosting the convention had steam generators running DC. At the last minute, they were forced to install generators to power their radios.

Lear (1902-78) watched silently from the sidelines. He knew -- from early experiments trying to get a radio to run in a car -- that sound from the radios would be plagued by static. "Lear waited until panic had gripped the organizers, then confidently announced he could solve the problem for $1,000," said biographer Richard Rashke in "Stormy Genius: The Life of Aviation's Maverick, Bill Lear."

Working around the clock for 100 hours, he and a partner built filters for each piece of equipment in the show. "By the time the convention opened, there was hardly a manufacturer's representative who hadn't heard of Bill Lear," Rashke said.

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