Archive : Product Creation

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Coolest Cooler Heats Up Kickstarter to the Tune of 13.3 Million
Sometimes you just need to tweak something that is already out there to make something ordinary extraordinary.  In this case a traditional cooler gets amped up to beome the Coolest Cooler, a cooler with all sorts of nifty gadgets to make tailgating or any party even more fun. Ryan Grepper, the creator of the Coolest Cooler, took it to funding site Kickstarter and got it funded for $13.3 million [...]
Teen Bella Weems Creates Multi-Million Dollar Company
When she was 14, teen Bella Weems wanted her parents to buy her a new car for her 16th birthday.  Her parents told the Chandler, Arizona, teen that she needed to pay for it herself.  So, what did she do?  She started her own company called Origami Owl.  Her product was quite brilliant.  She combined charms with a locket and called it a living locket.  Today at 17 her company is worth $250 million! Essentially [...]
A $27 Bitcoin Investment Turns into a Million in Just 4 Years!
So, how does one turn an investment of just $27 into a million in just about 4 years?  Be in the right place at the right time and take a chance on something that has potential.  In this case, that something was Bitcoin, a new type of digital currency. Kristoffer Koch from Norway made an initial investment in Bitcoin in 2009.  He promptly forgot about it and when he went back to check it's value [...]
Doctor Quits His Job to Start Camera Rental Business
Watch the video of the doctor, Roger Cicala, who quit his job and started his own camera rental business called Lensrentals. How did it happen?   With a hobby as a photographer this doctor needed to rent a specific telephoto lens that happened to be very expensive.  When he couldn't find anybody in his local area to rent it from he was forced to spend a couple of thousand to buy it.  He then [...]
Teen Invention Helps Pets and Owners Connect
One teen's invention helps pets and their owners connect when the owner is away from the home.  It also gives the pet a treat! This teen invention is geared to dogs and is essentially a video chat for the pets that also dispenses a treat for the dog when the owner calls the dog over via the video chat. The 13-year-old inventor Brooke Martin originally came up with the idea as part of an 8th [...]
TOMS Gives Back and Makes Money at the Same Time
TOMS is the brainchild of Blake Mycoskie.  After an enlightening trip to Argentina in which Mycoskie found that the children there were in dire need of shoes, he devised an idea for a shoe company that would give one pair of shoes away for every pair they sold.  The result is that Mycoskie now makes money and gives back at the same time.  And, how many shoes has his company provided for the less [...]
Couple Avoids Foreclosure by Becoming Romance Writers
Jasinda Wilder (a pen name) and her husband Jack and their five kids were in dire financial straights and on the verge of having their house foreclosed when they struck on a desperate strategy to climb out of debt.   That strategy was to become romance writers - and it worked in red hot fashion! With income cut at one job and the other job lost so that Jack could stay home and care for one of the [...]
Sarah Oliver Handbags Hires Local Knitters
Sarah Oliver started by hand knitting every stitch in her homemade handbags.  She would give the handbags as gifts and when they proved so popular she decided to go into business.  Sarah grew up watching her relatives knit and so she went to the local Redwoods Senior Retirement Community and hired knitters from that community.  They are now dubbed the Purlettes + one, the one being the lone man [...]
Betsy Kaufman’s Million Dollar Food Invention
Watch the video to see how Betsy Kaufman came up with her million dollar food invention idea called Eggies.  Essentially, Eggies is a way to hard boil eggs without the shell.  Betsy was surprised to find that the product didn't already exist.  She contacted the folks from Edison Nation who help with inventions and her idea was selected for production! Her idea was also selected to be used for [...]
Youngest Self-Made Billionaire Sara Blakely Created This Product
Youngest self-made billionaire Sara Blakely got there by created the very popular product known as Spanx.  Spanx is a company that creates footless pantyhose and other body shaping undergarments for women. Self-made billionaire Blakely is the newest addition to the Forbes Richest People list.  As Blakely explains, she originally developed the product for herself as a slimming and shaping garment [...]
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