Cottage Industry.
Former 'Monkee' Mike Nesmith had a rather creative mother, Bette Nesmith
Graham. Her invention, liquid paper was initially rejected by IBM so she
set up her own cottage industry to make and sell the now famous
stationery item.
Creating a Monopoly
Did you know that Parker Bros. intially rejected inventor Clarence
Darrow's board game Monopoly due to '52 fundamental playing errors'. He
thought they were wrong so started production himself. Once the success
of the formula became apparent, Parker Bros. decided to take on
production after all.
Not such a trivial pursuit.
Canadian inventors Chris Haney, Scott Abbott and John Haney struggled
with the board game trivial pursuit. While it only took them 45 minutes
to create the concieve, they lost $45,000 trying to market it in over
four years before it finally became a hit.
Unemployed artist Michael Wurstlin had designed the board and logo for
five shares in the company. Despite the early failure his shares were
valued at $2,500,000 by 1986.
What's in a name?
The Bic pen was named after its French Inventor Marcel Bich. However
they decided to drop the 'H' from the name fearing that the American
market might pronounce the name 'Bitch'.
A problem solved.
The British Museum was the conduit for the invention of the Rawlplug.
They needed electrical fittings installed in the walls without damaging
the masonry but traditional methods weren't good enough. Local builder
John Rawlings solved the problem by inventing a fibre plug, made from
jute and bonded with animal blood. He called it the Rawlplug and the
original design is still in production today! |