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2.69 MB
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Extraction Summary

3
People
5
Organizations
3
Locations
0
Events
2
Relationships
5
Quotes

Document Information

Type: Publication excerpt / evidence document
File Size: 2.69 MB
Summary

This document is a page from a business book (likely 'The 4-Hour Workweek' by Tim Ferriss, based on the mention of BrainQUICKEN) included in a House Oversight document production. It outlines business strategies regarding product testing, pricing, and distribution exclusivity. The text contrasts a failed entrepreneur named Sarah with Ed Byrd ('Mr. Creatine'), explaining how Byrd succeeded with his product NO2 by securing exclusive distribution with GNC and maintaining high price points.

People (3)

Name Role Context
Sarah Entrepreneur (hypothetical or case study)
Used as an example of failed retail planning regarding t-shirt sales.
Ed Byrd Entrepreneur / Founder of MRI
Referred to as 'Mr. Creatine'. Used as a successful case study for product distribution and positioning.
Narrator Author/Business Owner
First-person narrator ('I had one single supplement...') who owned BrainQUICKEN. Context suggests this is likely Tim ...

Organizations (5)

Name Type Context
MRI
San Francisco-based company owned by Ed Byrd.
GNC
Retail chain given exclusive rights to sell NO2.
BrainQUICKEN
Supplement company owned by the narrator (also sold as BodyQUICK).
eBay
Mentioned as a platform for 'rogue discounters'.
House Oversight Committee
Implied by the bates stamp 'HOUSE_OVERSIGHT_013893'.

Locations (3)

Location Context
Base of Ed Byrd's company, MRI.
Where Ed Byrd drives his Lamborghini.
Market where NO2 was a top-seller.

Relationships (2)

Ed Byrd Owner/Founder MRI
His San Francisco–based company, MRI...
Ed Byrd Business Partner GNC
NO2 was... sold exclusively through GNC stores nationwide.

Key Quotes (5)

"ED 'MR. CREATINE' BYRD is no Sarah. He does not invest and hope for the best."
Source
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Quote #1
"First, the more competing resellers there are, the faster your product goes extinct."
Source
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Quote #2
"The product is dead and you need to create a new product."
Source
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Quote #3
"Otherwise, rogue discounters on eBay and mom-and-pop independents will drive you broke."
Source
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Quote #4
"Ed drives a Lamborghini down the California coast when not traveling or in the office with his small focused staff and his two Australian shepherds."
Source
HOUSE_OVERSIGHT_013893.jpg
Quote #5

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