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Most entrepreneurs dream of building a successful company and one day eliminating the competition. For Gary Stern, that dream became a reality. As president and owner of Stern Pinball, he presides over the planet's sole surviving pinball-machine manufacturer.
And what if another company tried to enter the pinball market? "One of two things would happen," Stern says. "One is they would lose all of their money. The second is they might kill us because there's room for one. We're striving towards 10,000 machines a year, our breakeven is 65% or 70% of that. If somebody else came in, they would bring us to breakeven or below -- and maybe kill us both."