I’m a firm believer that it doesn’t take a genius to start a business. What you need is grit, resilience, perseverance and the passion for turning your idea – no matter how simple it is – into reality.
If you are looking for inspiration, here are 5 simple business ideas that make the company founders millions. Amazing.
1. Drybar
A women’s salon specializes in blowout hairstyling for less – no cuts, no color. Drybar also sells blowout related products, such as shampoo, treatment oil and volumizing mousse.
Launched in 2010 by Alli Webb and Michael Landau, Drybar’s estimated annual retail sales for 2014 reached $60 million.
2. K’Nex
Creative construction/building toys which idea started out from drinking straws Joel Glickman was fiddling around at a wedding reception in 1990. Glickman then launched K’Nex two years later and since then, he never looks back.
In 2013, K’Nex’ annual retail sales reached $200 million.
3. Doggles
Roni Di Lullo launched Doggles in 1997. Di Lullo hit the eureka moment when she was playing Frisbee with her pooch in the park. Her pooch was having trouble catching the toy because of the sun glare. She then made a pair of goggles for her border collie; no more squinting playing catch and throw Frisbee.
Di Lullo started Doggles part-time, and she started to focus on Doggles full-time in 2001. Doggles’ sales figure exceeded $3 million in 2013 and is estimated to reach $4 million in 2014.
4. 1-800-GOT-JUNK
1-800-GOT-JUNK trash removal services started out by Brian Scudamore in 1992. Scudamore was looking to make extra cash when he was in college. He then saw a great opportunity and start hauling furniture and appliance for local clients. Since then, the company continue to grow.
The estimated annual sales for 2014: $148 million.
5. Hint
Hint is a brand of fruit-flavored water. Launched in 2005, Hint is the brainchild of Kara Goldin, who looked for a healthier alternative to artificially sweetened drinks she liked. She then added fresh fruit to her water, creating a unique flavor.
Hint is estimated to be making $50 million in 2014.
No more excuse; no ideas are too simple to turn into reality. Just do it.
Source: http://finance.yahoo.com/news/surprisingly-simple-ideas-made-millions-040001737.html
Cover photo credit: Kathleen Conklin
