After a mistake leads to near failure, a reversal helps business boom

08/17/2011 | BNET

In the 1990s, Kal Leibowitz sold his independent media services firm to KSL Media to a large holding firm in the hopes the move would help it grow. Unfortunately, the move had the opposite effect and left Leibowitz regretting his decision. But he persisted with professionalism and in late 2001 was offered a chance to buy back KSL. Now the company has offices on both coasts and is pulling in annual revenues of $500 million with the help of accounts with big-name clients such as Office Depot, Bacardi and Eddie Bauer.

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