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Harrington, married with two sons, is doing OK for a guy whose staggering business losses once forced him into bankruptcy and who still falls flat with two out of every three products he launches. He started working young, first in his father's taverns and restaurants in his native Cincinnati. Before long he was peddling high chairs to pregnant ladies, car rustproofing, air conditioners and weight-loss products. The way Harrington tells it, the informercial was born in 1984 when he paid a Cincinnati cable TV station for cheap blocks of overnight air time to market small business opportunities to potential franchisees. Soon he was buying dead air time in markets all over the country and on the fledgling Discovery Channel. Others, like Ron Popeil, had used shorter television spots to market products directly to viewers, but Harrington says the program-length pitch was his innovation. His 1987 informercial helped generate millions of dollars in sales for a vacuum food-storage system called the Food Saver. At a Philadelphia home show, he found a guy named Arnold Morris mesmerizing a crowd with how his kitchen knives could cut through nails and aluminum cans. He filmed him doing his pitch, and the knives with the surgical steel blades became a phenomenon in the so-called "direct response" marketing industry. Harrington's infomercials generated millions in sales for hand-hammered Chinese woks, kitchen mixers and car-washing systems, the latter of which gave Mays his first TV exposure. In the early 1990s, he was the first to take informercials to international markets. He says he's launched more than 500 products accounting for $4 billion in sales. "He moves faster and thinks bigger than the average entrepreneur," says Verne Harnish, an author and business-growth consultant who once commissioned a case study of Harrington for an executive education program at Massachusetts Institute of Technology. ___ On the Net: TVGoods.com: Shark Tank:
http://www.asseenontvnetwork.com/tvgoods/
http://beta.abc.go.com/shows/shark-tank/
[Associated
Press;
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