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- The man who inspired the idea for Costco was named Sol Price Joe Raedle/Getty Images According to a piece by Good Housekeeping, Jim Sinegal was motivated by the late entrepreneur Sol Price — literally Mr. Price (we can't make this up) — who started the original prototype for a goods warehouse called Price Club in 1976.www.mashed.com/415096/the-truth-about-costco-founder-jim-sinegals-mentor/
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