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THE ENTREPRENEUR: James Tiscione, 49, and Anthony Tiscione, 79, founders of ACM Enterprises in Tucson, Arizona
PRODUCT DESCRIPTION: The Auto Card Manager (ACM), a thin metal case that holds a driver's license and up to five credit cards. When users push one of the six buttons on the case, the selected credit card is dispensed.
START-UP: $50,000 in 2000 and 2001, to pay for the first production run of 25,000 units
SALES: $1.8 million in 2002
THE CHALLENGE: bringing a new product to market with a limited marketing budget
JAMES TISCIONE DIDN'T HAVE A LOT of money when he launched his business, but that didn't stop him from finding a way to bring his unusual product to market. Here are the steps he followed:
Steps to Success
Source: HighBeam Research, Play your cards right: presenting a case study in striking the best...