Simple Start-Up Ideas that have Earned Millions
Everyone you speak with will have an idea or an opinion about your business ; they will give you many ideas which they think can make millions. Although those ideas seem practical, it takes a great deal to make such ideas into reality. You do not need a complicated design to make a lot of profit; many entrepreneurs have used simple ideas and humble beginnings to turn their ideas into winning businesses effectively.
The following are some of the start-up ideas that have earned millions:
Chris and Robin Sorensen — Firehouse Subs:
Both Chris and Robin were fire-fighters , and they decided to leave their jobs to start a sandwich shop. In the year 1994, the brothers opened up their store and decorated the shop. The decorations of the shop depicted the local fire department, and they kept many fire equipment in the shop. They also named their subs as “Hook & Ladder” and “Engine Company.” The theme and the background attracted many people. Today, Firehouse is a booming business franchise and has about 154 corporate and franchise locations.
Mary Ellen Sheets — Two Men and a Truck:
Jon and Brig Sorber initially started the business by hauling trash from people’s yard and helping in moving furniture with the help of a pickup truck. The boys went off to college, but their phones kept ringing, so Mary Ellen hired two men and bought another pickup truck and started it as a hobby. She later quit her job to focus on the business full time. Today Two Men and a Truck has about 224 locations in 34 states in the country, and they have had over $220 million in sales.
Geoff, Dave, and Catherine Cook — myYearbook:
Two high school students came up with the idea of developing an online yearbook to meet new friends. They had just moved to a new school and wanted to find a way to make new friends. Within nine months the site had over 9 million users, and in the year 2011, myYearbook was bought by Quepasa for $100 million in cash and stock.
Jennifer Telfer — Pillow Pets:
Who does not love cuddling with stuffed animals? Jennifer Telfer came up with the idea of Pillow pets when she saw her son piling up stuffed animals as pillows when he slept. She created stuffed animals that unfold into plush cushions. The product was introduced at a home show, and it was nearly sold out. The company has made constant progress, and it has over $300 million in sales.
Joel Glickman — K’NEX:
Joel was cutting straws and connecting them; this gave him an idea to construct a plastic toy. He soon began creating many toys, and it became his obsession. In 1993, Toys R Us’ founder loved the product, and after four years of sale, the company has grown to about $100 million.