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Upon graduating with his Business Degree (B.B.A.) from the Schulich School of Business at York University in 1987, Carlo went to work in Commercial Banking for Lloyds Bank of Canada. It didn't take him long to figure out that the banking industry was not for him, or more precisely, that working for someone else was not for him. Carlo started his own sporting goods distribution and marketing company, selling Officially Licensed Sports Merchandise of the NHL, NFL, CFL, and MLB. Three years later as the sports merchandising industry was beginning to restructure, Carlo sold his company and went to work for a New York based Sports Distribution Company, where he managed their Canadian operation for three years.