Saturday, June 21, 2025

E-Commerce: the merchant of Brooklyn

At age 14, Joseph Cohen started an e-commerce business retailing Christmas decorations and toys. Now he's 17 and earning $425,000 pre-tax profit on $1.9 million sales (not bad margins, eh?) There have been some rough patches ... like running up big advertising expenses while away at summer camp ... but he's learned quickly. His company is Polsteins.
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