Obituary: Karl Eller got rich as a billboard mogul, then flopped with Circle K. 'You start thinking you’re invincible and you can do no wrong. Then zappo.'
Karl Eller made the classic entrepreneurial mistake: After succeeding in one business, billboards, he believed he could thrive in just about any business.
He accepted the job of chief executive of Circle K Corp. in 1983, even though, by his own admission, he knew little about retailing. After expanding too fast, the convenience-store chain...
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