Early Business Career
In 1903, the family bought a hotel business, and young Samuel, noting that much of the profit was in alcoholic beverages, set up shop as a liquor distributor. He founded the Distillers Corporation in Montreal in 1924, specializing in cheap whiskey, and concurrently taking advantage of the U.S. prohibition on alcoholic beverages. The Bronfmans found great success bootlegging to the northern cities of the U.S. such as Boston, New York and Chicago during the Prohibition era, while operating from the perimeters of Montreal, Quebec where alcohol production was legal
Read more about this topic: Samuel Bronfman
Famous quotes containing the words early, business and/or career:
“It was common practice for me to take my children with me whenever I went shopping, out for a walk in a white neighborhood, or just felt like going about in a white world. The reason was simple enough: if a black man is alone or with other black men, he is a threat to whites. But if he is with children, then he is harmless, adorable.”
—Gerald Early (20th century)
“Art is the beautiful way of doing things. Science is the effective way of doing things. Business is the economic way of doing things.”
—Elbert Hubbard (18561915)
“Ive been in the twilight of my career longer than most people have had their career.”
—Martina Navratilova (b. 1956)