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Elicko Taieb is a unique kind of entrepreneur. When most entrepreneurs hear “serial entrepreneurship,” they realize the time and effort to make multiple businesses work. That isn’t because of the large investments it takes to start up multiple businesses but rather the business prowess that an individual needs to make it happen. Conversely, Eli Taieb is from an elite class of businessmen who are highly skilled in operating various businesses simultaneously. That involves businesses in several industries, including CBD, food, fitness, daily deals aggregation, and more.
Some of the notable achievements in Eli’s career date back to his time spent in the electronic cigarettes industry. Smoking Everywhere was the brainchild of Elicko Taieb that helped him climb the stairs of success during his serial entrepreneurial career. Learn how Eli managed to influence the untapped e-cig market in the US.
Eli Taieb – Investing in Smoking Everywhere
In the beginning, there weren’t many businesses in the electronic cigarette industry. This was because most companies focused on creating traditional smoking products and equipment. However, Elicko Taieb had an eye for detail, and he saw the market gaps left behind by incompetent businesses. Realizing the increasing demand for electronic cigarettes around the globe, he checked the US markets.
Soon, Eli Taieb realized that there was an insufficient supply of e-cig products. So, the next step on his venturing list was to start an electronic cigarettes company. This is when Smoking Everywhere came to life. Since its inception, Eli was the sole founder and then the company’s CEO. The company was among the nation’s first few to kickstart the trend of e-cigarettes.
Elicko Taieb knew that electronic cigarettes were the hidden gems that could help him generate massive amounts of revenue and profits through sales in the US. He turned the startup into a multi-million business venture serving a wide proportion of the US population.
During that time, Eli Taieb was also pulled into a landmark court case. This was when the FDA started to interfere with importing and producing electronic cigarettes. The restrictions and rigid regulations impacted Smoking Everywhere and Sottera Inc. (another e-cig business). Through hard work and firm dedication, Eli pulled the company’s operations out of FDA’s clutches.
Eli Taieb – E-Cig Market Success with Vaporin
Smoking Everywhere succeeded in stirring up the demand for electronic cigarette products in the US. Furthermore, the company became a massive import and producer of e-cig products. In the meantime, another idea grabbed Eli’s attention. Eli Taieb began another business venture in the e-cig industry.
It was Vaporin that he co-founded with a peer. The company was set to become one of the biggest vaporizers and similar products’ marketers and distributors in the US. While that dream became a reality, soon, an industry leader approached Eli Taieb for purchasing Vaporin to make it a subsidiary under Vapor Corp. That was the only vaporizers’ company listed on the NASDAQ. Considering that Vaporin will become a part of one of the biggest names in the industry, he allowed the merger through hefty negotiations.
Conclusion
So, what did Eli Taieb do after he ended his ventures in the electronic cigarettes and vaporizers industry? He utilized his fortune to embark on other ventures across multiple industries. Another notable business name attached to his portfolio is Applete which was a mobile phone application for fitness-lovers.