Do you know the name of the most famous serial investor in the US? Well, of course, you do. Elicko Taieb is a top-rated businessman in the country who has made an impact on all the major business sectors.
Note that it’s pretty challenging to get success in multiple businesses at the same time. However, Eli has made it possible. He helped boost the revenues and profitability of companies and industries that he affected. Probably, he got lucky or used his skills, knowledge, and experience in the right place and at the right time.
You might be surprised to know that he has worked in entirely different sectors, such as hospitality, food, fitness, drugs, and much more. The best part is that he has flourished in each industry.
But keep in mind that nothing is easy and straightforward to achieve in this world, at least not success. Because he devoted time, effort, and expertise, Eli Taieb has managed to accomplish everything he has today.
About Elicko Taieb
Eli started his first business almost two decades before, which was in the food sector. Later, when he became famous, he spread his reach to e-cigarettes, fitness, CBD, and other fields. Not only this, but Elicko Taieb also has excellent knowledge and skills in branding, marketing, and advertising, which have helped him reach his target audience in a short span of time.
Elicko Taieb and Legal Case
We all know that to accomplish something, you need to go through struggles, face challenges, and go against all the critics. The same happened with Eli when he laid the foundation of one of the leading companies in the e-cigarette sector, i.e., Smoking Everywhere.
When the business finally started to yield results, Eli Taieb had to face a lawsuit. Not to mention, the FDA restricted the production and import of the products and banned the company. Keep in mind that Smoking Everywhere was not the only company that faced legal restrictions and bans.
Later, Sotter Inc, a partner company of the Smoking Everywhere, filed a suit against the FDA for stopping the e-cigarette company’s operation without any proof.
According to the FDA, the company was producing products that harmed people. Unfortunately, they even claimed that Smoking Everywhere was using nicotine and similar elements in the products. Despite all these problems, Eli used all his energy and dedication to prove that his company was on the right track.
You also need to know that FDA hailed the slogan: cessation of electronic smoking devices. This was truly devastating and a move that could ruin the company’s credibility. But, in 2009, this cigarette company got permission to run their business without any restrictions. Hence, the efforts and hard work Eli produced favorable results in the end.