Warren Buffett’s first business was operating pinball machines! Who new? One of the world richest men got his start in the coin-op industry!
Here is the video of Warren Buffett and his longtime friend Bill Gates chatting among other things about Warren’s start in the pinball business. According to Warren Buffett, “It was the best business I was ever in. I peaked very early in my business career. It’s been all downhill ever since”. “Of course, not quite true, but funny.
Warren Buffett and his friend Don Danley were partners in the coin-op startup business that Warren started when he was only 17. Don was doing all the technical work, working on the pinball machines and Warren handled the business part of the operation, getting new locations, contract and commissions negotiations.