Here's how Nerio Alessandri started Technogym, now worth $2.4 billion, in his garage in Italy. (via CNBCMakeIt)
Technogym founder Nerio Alessandri with actor Sylvester Stallone
The business is now worth around €2.2 billion and since it went public on the Milan Stock Exchange in May 2016 has seen its share price increase by 156%. Before Alessandri hit the big time and started rubbing shoulders with the likes of Bill Gates, Arnold Schwarzenegger and Sylvester Stallone, he began by designing the first prototypes of his fitness equipment in his family's garage, near Cesena, Italy.
At age 12, he realized he could make extra money using his passion for technical and mechanical design. Not long after graduating from high school, Alessandri got restless and wanted to build a business of his own. Initially, he revisited his childhood dream of becoming a fashion designer and sent a letter to legendary Italian designer Giorgio Armani, who was opening a store in the region.
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