In 1951, when Eide was two weeks shy of 14 years old, his father died suddenly, and so he left home to work to support his family.

He returned four years later and formed his first company, Georg Eide's Sønner, with his brother Gerhard.

[1] The company specialized in shipbuilding, the craft that the two founders had learned from their father, and had their base on the same location as the old shipping plant.

The following year, Georg Eide's Sønner was declared bankrupt, following a series of economic problems.

He currently lives in his hometown of Høylandsbygd, where he continues to work with shipbuilding and local coastal culture and development.