Wednesday, November 4, 2009

3 STUPID IDEAS THAT EACH MADE SOMEONE MILLIONS AND NOTHING FOR YOU.

by Biz-Boy (NWM Staff Writer)

The one lingering regret in life so far (I'm sure there are more to come), is I’ve never had that shower moment. You know, when you’re lathering up not think about anything, and then BAM it hits you. An epiphany that will totally net you millions. I’m not talking about inventing some uber-complex Flux-Capictor, just something simple that no one has thought of yet. Of course, the minute I get that “why bother ‘cause every thing has been done to death” thought, that’s when some chump comes out with a new stupid money-maker. Here are 3 millionaires I’m in “hate” with right now.

KOOSH BALL

Scott Stillenger originally had tied a bunch of rubber bands together just to create a ball that was easier for his young kids to catch. After that proved to be a success, he sold his Koosh Ball through his own company (OddzOn Products, Inc.) It quickly became one of the hottest executive toy sellers of the early 90s. Hasbro bought it for a cool $100 million in 1997.

PLASTIC WISHBONES

Yep, a leftover wishbone from a Thanksgiving feast in 1999 produced a million dollar payout for Ken Ahroni. He created plastic wishbones because he felt that no one should be left out of the wishbone experience (since there is only one per turkey). A couple of years later, Ken’s company Lucky Wishbone Corp. made millions.

PET ROCK

70s ad exec Gary Dahl is probably the father of all “duh!” stuff. In April of ’75 the idea came to him after a conversation about the problems of caring for pets. As a solution, he created the Pet Rock, which was the hottest “had-to-have” for about 6 months. Just enough time to set Gary up with tons of FU money.

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