How To Make Millions From Happy Campers

http://www.bunk1.com/

Happy memories from his childhood days at summer camp inspired Ari Ackerman to come up with the idea for Bunk1.com. He originally wrote the business plan for the company for his MBA training, but it seemed like too good an idea to pass up.

His initial concept was to provide a Web service that parents could use to watch their children's camp activities online, with camp administrators posting photos for the parents to peruse. Ackerman then added an e-mail service (called BunkNotes) and an online newsletter service, as well as a search engine to help parents find a camp for their kids.

At first, says Ackerman, 33, the camp directors were difficult to persuade. "To sell them on this concept wasn't easy," he says. But with his camp background, he knew the market well. He knew parents would be willing to pay for this convenient connection to their kids—and he was right. The first camps he sold his service to got good response from parents immediately—and the number of concerned phone calls from parents (the "What's my child doing?" sort) to the camps decreased, as moms and dads had tangible evidence that their babies were alive and well.

Word-of-mouth started to build demand for the concept, and, to date, the Bunk1.com service is offered to close to 2,000 camps nationwide. Camp directors either purchase the service and include it in the price of the camp or simply offer parents the option to purchase Ackerman's Bunk1.com service a la carte.

Revenues are projected to reach more than $3 million, and Ackerman has already expanded into other Web services, like CampAlumni.com (a service to reconnect old summer camp friends).

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Making A Profit From Sleepy Co-Workers-Effective Business Idea

http://www.metronaps.com/


While working grueling hours as an investment banker in New York City three years ago, Arshad Chowdhury noticed his colleagues' heavy eyelids and bobbing heads during meetings.


"Everyone was tired all the time," he says. "Some people were even sneaking off to the bathrooms to take a nap."


Knowing there must be a better way to combat workplace drowsiness than sleeping in a toilet stall, Chowdhury created MetroNaps.


Located inside the Empire State Building, MetroNaps (http://www.metronaps.com) offers rows of futuristic-looking sleeping pods, specifically designed for 20-minute "powernaps." From a $14 one-day pass up to a $65 one-month unlimited pass, sleep-deprived New Yorkers can refresh during their workdays in an individual pod, which features ergonomic design and an upper hood for privacy. Nappers are gently awakened by a combination of light and vibration. Patrons can also opt to order lunch to be ready when they wake.


"When all of your employees are tired, your workforce is losing productivity," Chowdhury says. "But most people don't have the real estate or the culture to have a separate area for resting. So employers can send their employees here."


Neuroscientists agree. In a recent study at Harvard, researchers found that adults who take short midday naps experience heightened mental performance, better alertness and improved mood.


Chowdhury hopes to expand the business by selling the pods to offices that don't have a lot of extra room, but want to offer a way to boost productivity.

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How To Make $300,000 A Year With Card Stunts.

http://www.cardstunts.com/

Have you ever wondered who's the brains behind those nifty card stunts at big stadiums-where each member of the audience holds up a card to create massive pictures and messages for the world to see? Joe Kivett, 40, organizes these fan-friendly events with his company, CardStunts.com. Kivett learned the card-stunt business as an employee of another company and branched out on his own in 1991 when word about his successful Super Bowl card stunts started to spread.

Armed with less than $1,000 in startup cash, he landed his first client by virtue of his reputation. Kivett says most of his startup money was for travel expenses to examine the site in Minneapolis where he was doing the card stunt.

His serious startup-cash coup was drafting an agreement with the organizers of Super Bowl XXVI to pay him half his fee upfront and half on the day of the event-this way, he was able to organize the event with no out-of-pocket costs. "I paid all my bills and had my little profit left over," he says. "I took that profit and used it to market my company."

Word-of-mouth is still a key element of his marketing efforts, and the years have seen him grow CardStunts.com from planning one to two big card stunts per year to about 10 yearly today. In addition to doing card stunts for two Super Bowl half-time shows, he's coordinated events for the World Series and the Daytona 500. With about $350,000 in annual sales, Kivett is definitely playing his cards right.

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Making Dough Selling To Fratboys - As an Effective Business Idea

http://www.greekgear.com/

Reading a business magazine in the doctor's office inspired Joseph Tantillo to try his hand at online retailing. At the time, he and his wife were expecting their first child and wanted to work from home. An article about starting an online store jumped out at him, he recalls—and, as a member of a fraternity in college, he decided to sell personalized Greek apparel to that market.

After setting up shop for just $79.95—the cost of a merchant account with Yahoo!— he began researching what kind of products his former fraternity brothers might like. Tantillo then located suppliers who would work with him on a drop-ship basis and began selling. He opened his online doors in May of 1999 and had his first three sales by June.

He and his wife moved into a farmhouse owned by their family so they didn't have to worry about a mortgage. That gave Tantillo the freedom to go full time and research the market. "I spent a lot of time online—hours, all through the night—e-mailing people about linking to our website, e-mailing people about our products, asking friends for criticism and suggestions," says Tantillo, 36.

His persistence helped him become the preferred vendor for a few national Greek organizations. Tantillo then secured partnerships that would allow him to advertise on their websites in exchange for a sales commission to the organizations for every click-through purchase.

Using the strong Greek network worked, as he's built GreekGear.com's yearly sales to $1.9 million. In addition, the company recently moved into its own 5,000-square-foot facility, complete with its own screening, embroidery and printing equipment. With success like this, Tantillo's frat brothers should be proud.

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Six Figure Business Setting Up Pajama Parties.

http://www.craveparty.com/

Women want to network with other women while wearing pajamas, getting spa services and shopping—at least this is what Melody Biringer, 41, found out when she founded Crave Party.

Inspired by a pajama party at a friend's home, Biringer got the idea to create fun business networking events for women on a larger scale—at fancy hotels and ballrooms with champagne and strawberries. She secured local spa professionals (massage therapists, nail techs and so on) and merchants to provide the pampering services and shopping, and charged women a $35 fee to register. Her first three nights of Crave Parties sold out in two weeks.

Thanks to word-of-mouth marketing, her parties have grown in popularity. "[It's] networking in your pajamas in a swanky environment—that makes it even more fun to walk into this place," Biringer says. With parties under her belt in New Orleans; Phoenix; Portland, Oregon; and Seattle, Biringer would like to bring the concept to every major city—and even create annual parties themed around events such as holiday shopping or the Oscars—to push annual sales into the mid- to upper-six-figure range.

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DNA, Your Ancestry And A Great Business Idea.

http://www.africanancestry.com/

As an African-American, Dr. Rick Kittles wanted to know who his ancestors were and their countries of origin. So the geneticist decided to create a database of African lineages.

After working on this database for several years, Kittles, 38, who holds a Ph.D. in molecular biology, joined forces with businesswoman Gina Paige, 38, to start a company that allows African-Americans to confidentially obtain information about their genealogy.

By using DNA technology, the company aids individuals in determining maternal or paternal ancestry. Customers go online (www.africanancestry.com) to order a $349 kit, use swabs to collect their cheek cells and then send their samples to the company via Express Mail. After the DNA is extracted from the swabs and sequenced, Kittles matches the sequence to his database of more than 25,000 African lineages and 389 ethnic groups.

Upon receiving their results, many clients feel they've received a priceless gift. "For many of [our clients], there's a sense of connectedness," says Paige, who adds they have a 95 percent success rate. "There's a sense of completion because this answers a question people thought they'd never be able to answer in their lifetimes."

African Ancestry has more than 3,000 clients, including celebrities such as actor LeVar Burton, director Spike Lee and Congresswoman Diane Watson. The company earned $300,000 and they expect to increase sales by 50 percent this year.

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Celebrity Cookies? It Made A Million Dollars For This Person

http://www.likeums.com

When former investment analyst Chuck DiRocco noticed that cookies were missing from the wide variety of snacks sold in video stores and at theater concessions, he started searching for a way to link cookies to Hollywood. Then the idea hit him: Create cookies in the form of popular movie stars, such as Renйe Zellweger and Jack Nicholson. One cup of flour, two cups of sugar and three eggs later, the first cast of LikeUms was formed.

DiRocco, 33, spent months surveying moviegoers, analyzing feedback and researching the industry to find out which stars were most popular. Although theater and video chains were initially reluctant to carry his product, he continued to send samples and mass mailings to them in hopes of making his new cookies more recognizable. Before long, in July 2004, DiRocco landed a deal with Regal Entertainment Group, the world's largest motion picture exhibitor, to release LikeUms in select theaters.

As DiRocco continued to market aggressively nationwide, he managed to get LikeUms on the shelves of convenience stores and in amusement parks and gift baskets, pushing sales to more than $400,000 in the first year. Realizing the cookie characters had potential in other venues besides theaters, DiRocco began marketing them to international exporters, school fund-raisers, charity events and corporate offices. Some NBA teams have even sought to create a version of LikeUms to help market their athletes and sporting events.

With sales of more than $1 million in 2005, you can bet DiRocco is enjoying the sweet taste of success. Coming attractions: He plans to expand the line to include more celebrities, including pop singers, radio personalities and entertainers.

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How To Make $100000 A Year Uploading CDs To iPods.

http://www.hungrypod.com/

Apple Computer's iPods are everywhere these days, and they're hungry. Just ask Catherine Keane, 24, who started her business, HungryPod, shortly after an acquaintance offered her $500 to load his CD collection onto his iPod. Keane took the offer and determined that with two more customers paying similar prices, she could launch a business for $1,500--enough to buy a computer that could handle large volumes of data transfer.

Loosely based on what its first client paid, HungryPod charges $1.75 per CD for the first 50 CDs, and $1.50 for each additional CD. Keane will pick up both the CDs and iPods at her clients' homes or offices in Manhattan for an extra $15--unless they have more than 100 discs, in which case pickup is free.

Keane, who interned at a top 40 radio station in Florida prior to starting HungryPod, also recommends music to clients based on their collections for a fee. According to Keane, 1 in 4 customers requests this service.

Thanks in part to a small story in The New York Times, Keane's advertising efforts on Craigslist and word-of-mouth, HungryPod has expanded to three employees and four computers, and has annual sales that exceed $100,000. Now others want to get involved, so Keane has hired a marketing/sales employee and hopes to start HungryPod centers nationwide in the near future.

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Getting Rich From Dog Manikins

http://www.rescuecritters.com/

To many people in his inner circle, creating life-size models of pets seemed like a silly business for Craig Jones to start. But to him, it made perfect sense.
Jones, 41, sensed a business opportunity after completing a pet first-aid class with the American Red Cross. He discovered that the unrealistic dog manikin they used for training was offered by only one company in the U.S.

Jones, a former emergency response instructor, knew that his background in emergency medicine for humans, coupled with his contacts in the special-effects industry, were the resources he needed to create lifelike animal manikins. Together with his wife and co-founder, Jacqui Pruneda, 39, Jones began designing a true-to-life dog manikin that would fit the training needs of veterinary professionals. "We didn't want it to look like a stuffed animal you would buy at a toy store," he says. "We wanted it to look realistic."

In 1998, Jerry, Rescue Critters' first dog manikin, was born in the couple's garage. The American Red Cross became their first customer, and response to Jerry was so positive that word soon spread throughout the veterinary field. Other manikins quickly followed: Fluffy the cat; Lucky, a life-size rescue training horse; and Critical Care Jerry and Fluffy, more advanced versions of the originals that train students in life-saving techniques such as IV insertion, suturing wounds, intubation, and listening for heart and breath sounds. Primate manikins, birds with real feathers for trimming, and manikins that let users draw blood are in the works.

Rescue Critters has since moved from its garage location to a storefront and now sells its manikins to customers worldwide, including veterinary technician programs, fire departments, U.S. Army canine hospital units and police department K-9 units. Each animal model is made to order, and customers can add features to base-priced models according to their needs. With 20 to 25 requests per year for manikins and projected sales of $1.3 million, it seems like Jones' idea wasn't so silly after all.

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Wedding Insurance Millionaires.

Karen and Roger Sandau Story

http://www.wedsafe.com/

When planning their wedding in late 1999, Karen and Roger Sandau were struck by how risky it was to give large, nonrefundable cash deposits to vendors without any protection if something were to go away on the wedding day. From a vendor going out of business to an important family member being stricken ill and unable to attend, the Sandaus thought of all the things that could possibly go wrong on their wedding day and wished they could find some way to protect their investment.

Finding wedding insurance available overseas but not in the United States gave the couple a great idea—they figured there were many people like themselves who would feel much more calm before the big day if they knew they were covered for unforeseen circumstances. Karen, had a background in catering and event planning, and had heard of event cancellation insurance; and Roger, had a background as an entertainment attorney, so he knew the ins and outs of events in general.

The newlyweds combined their expertise and started detailing the types of things the insurance would cover, such as severe weather emergencies on the wedding day, a damaged or stolen wedding gown, and lost or damaged wedding rings, to name just a few. They also decided to offer liability insurance for any damages incurred at the wedding site (something many venues require).

They went about finding an underwriter for the policy as well as developing software that would enable them to organize and sell their insurance cheaply. Their product has resonated with couples and especially wedding planners.

In fact, marketing to wedding professionals has helped the Sandaus grow their business to between $2.25 million and $2.5 million in sales. "Everyone has heard of a wedding story gone awry," Roger says. But now, with WedSafe at the helm, mishaps don't have to spell catastrophe.

How To Sell $1.2 Million Worth Of Product In 40 Minutes

Denis Simioni Story

http://www.ojonhaircare.com/

Denis Simioni, 38, had owned an advertising and graphic design firm for 15 years in his native Oakville, Ont., when he first happened upon a substance called "ojon." Seven years later that little word has transformed his life, along with the lives of thousands of indigenous Hondurans, who supply ojon oil to his hair-care company, Ojon. Simioni, whose company employs 32 people full-time and projects $40 million in sales this year, says managing an operation with employees spread all over the globe is both exhausting and rewarding.

Here is his story:

How did you go from advertising to hair care?

My ad agency specialized in the beauty industry, so I learned all about launching a brand in this industry. One Saturday my wife came across a little jar in the bathroom with something in it that looked like peanut butter. It had been sitting on our shelf for two years. She called her grandmother, who lives in Tegucigalpa, Honduras, and is always sending us natural cures and native remedies. Silvana's grandma told us that the product was ojon oil she'd purchased from an Indian. Silvana's hair was really brittle and broken from swimming and coloring it, so she put some of this stuff in and with just one treatment the difference was incredible.

So you decided to figure out what exactly this mystery goo was?

We changed our vacation from Disneyland (DIS) to Honduras that year so I could track down this Indian. Turns out he was from the Caribbean side of the country, from a Mosquitia rain forest. I contacted a nonprofit group called Mopawi that helps preserve the rain forest and the indigenous tribes who live there. They agreed to take me to meet the Tawira people, whose name actually means "the people of beautiful hair." You could hardly get a better testimonial. What was even better was that I flew into the jungle and was traveling downriver in a mahogany canoe for 5½ hours. Suddenly, we started to see people who weren't wearing any hats. All the other tribes use hats to protect their hair from the sun, but the Tawira put ojon oil in their hair and don't need hats. I met them, saw the process they've used for centuries to collect nuts from the ojon tree and produce the oil. The women unraveled their long hair and showed me how beautiful it was.

Did you know immediately that you could commercialize this product?

Yes. It took several years to secure intellectual-property protection and collaborate on the formula with some skin-care manufacturers from Italy that I'd known from the ad agency. I had fallen in love with this company, Origin Italian, because they were all about passion and purity of ingredients. They didn't have any experience making hair-care products, but they had a laboratory and a boutique manufacturing facility and they specialized in organic ingredients. We formed a partnership with them covering manufacturing costs, and we self-financed the startup.

How did you get the word out about your new product, given how saturated the hair-care market is already?

I had a friend who had a relationship with QVC. I got me a meeting with them, they loved our story and invited us to launch our first product on Dec. 27, 2004, at 10 p.m. As soon as the show aired, we sold out our initial inventory and had a wait list of 3,100 units. A year later, on the same day, we launched our first one-hour show on QVC, and within 40 minutes we sold out $1.2 million of product.

Why has television been so successful for you?

I realized that TV is the medium we need to tell our story and the story of the Tawira. Being on QVC drives our sales month-to-month. We're now their fastest-growing hair brand.

The story of the indigenous people is key to your sales and marketing. Do people ever wonder if you are exploiting these natives?

Yes, we're always fighting that perception because of all the past exploitation. That's why we've continued to work through the nonprofit organization, whose president is a Tawira himself and speaks their language. Because we are buying so much product from them, at a price about 230% higher than what they used to get, we've provided full-time work for more than 1,000 Tawira in about 30 villages in Honduras, Nicaragua, and Panama. We've also provided them with scholarships, safety equipment, and education. They have elected indigenous committees to negotiate with Mopawi and with Ojon Corp., mostly made up of the women who produce 80% of the oil. Now they are purchasing land in one of the larger villages that has schools and a hospital, so their kids can have better lives.

How much have their lives changed because of your company?

They are still incredibly, incredibly poor and their development is decades behind what we know. But they used to support themselves by subsistence farming and deep-sea diving for lobsters, which was very dangerous. The children used to dive instead of going to school. Now that each of them can earn about $300 a year making ojon oil (they made about $67 annually in the past), a lot of them have switched over to that. I'm looking into building schools in their villages. I want to do that in partnership with the government, so that they'll have qualified teachers and materials.

You could have set up an operation to harvest the ojon nuts and produce the oil with modern technology, bypassing the indigenous producers. Why not do that?

I fell in love with these people. They have absolutely nothing in the world, but spend a week with them and you'll see that they are always smiling, calm, and peaceful. It's difficult because of the language barriers, their lack of education, and their remote locations. There's no telephone in these villages, and everything moves slower there. They're not on any time clock. But they believe that I was sent by God to help them and they've put me on this pedestal. I feel it's my calling to live up to that.

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T-Shirt Sellers That Make Over 30 Million Dollars A Year

T-Shirt Sellers That Make Over 30 Million Dollars A Year


http://www.fatface.com/


Founded: 1988

Annual turnover: £25 million

At first glance they are not the most likely people to become successful entrepreneurs, but when two skiers decided to sell T-shirts at a ski resort to finance their lifestyle, they laid the foundations of a very successful clothing empire. That was in 1988. Today, Jules Leaver and Tim Slade have just opened their 50th Fat Face shop, selling outdoor clothes and leisurewear. The company is estimated to turnover in the region of £25 million this year and is recognised as one of the fastest growing companies in Britain in The Sunday Times Fast Track 100.

After completing a business degree at 21, Leaver decided to indulge his love of skiing by becoming a "self-confessed" ski bum in Meribel, France. But rising early to get the best skiing and working late in a bar to earn enough to live on was not a viable lifestyle for a long period of time. Together with fellow bar worker, former policeman and friend, Tim Slade, Leaver decided to exploit the gap in the market for 'been there done that' T-shirts to sell to holidaymakers.

The pair chose to manufacture their own T-shirts to enhance appeal, rather than buying them off the shelf, and found a company in Leicester that did short runs at a reasonable price. The T-shirts were then printed up with the 'Meribel 88' back prints at a company in East London. While Leaver stayed in Meribel to sell the merchandise behind the bar, Slade travelled back and forth transporting the goods.

"We began by getting small batches of 100 or 200 T-shirts printed, based on the minimal capital we had to invest," said Leaver. "They sold well because no-one else was doing anything similar, and we gradually increased the quantity to 400 then 800 and so on." Their bold approach paid off and when they left Meribel to travel the world they continued to sell T-shirts, and later fleeces, at different ports of call.

"It wasn't until we got back to the UK in 1993 that we realised what a good business idea it was," explained Leaver. "So I sold my VW Combi van and Tim cashed in some shares, and with £12k we opened our first shop in Fulham."

Leaver and Slade knew that by appealing predominantly to the skiing and snowboarding market they would only be in business for half of every year - not a viable option. So the pair built on the success of their T-shirts and fleeces by developing a range based on another interest of theirs - sailing and windsurfing. It proved to be a successful formula. "Having a mixture of High Street and activity-based portfolio has worked very well for us, yet it isn't something that would fit most brands," said Leaver.

The nature of its target audience also carried with it inherent benefits. "The average age is early 30's, with an even split between men and women. Because people at this sort of age are often into a profession, coupled with the fact that watersports and snowsports and generally enjoyed by people with more disposable income, it has kept us in good stead. We are reasonably recession-proof because of that. When the cards start to fall it takes a while to get to us."

But while Leaver makes it sound like a fairly seamless rags to riches transition, there have been problems along the way. "It's been a rollercoaster ride and the hardest part is probably the first few years when you don't have any track record. You have ultimate belief in both yourself and the business concept and you know you can make it. But you are the only person on the planet that does.

"Banks want guarantees on your house or your father's house, every supplier believes you won't pay them and every landlord tells you they also want a personal guarantee - there's no way round it. In fact, I still have one that is a hangover from those early days."

The gamble paid off for Leaver and Slade, but how have they managed to sustain the appeal of their brand to a relatively fashion-conscious audience over a decade of change? "By continuing to understand your customer," believes Leaver. "At the beginning you are very close to what you do, but as you grow it is easy to lose touch. We gather feedback from customers by email, panels, face-to-face or whatever and the info comes straight to the design team and myself. We discuss it as soon as it comes in - we don't believe in waiting for monthly meetings - and reflect it in our product. By being disciplined about this we have built up a reputation as an approachable company that listens. Tim and I still take direct calls too - it's amazing what you learn."

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Veterinarian Makes $3 Million A Year With A Crazy Pet Fountain Idea

Veterinarian Makes $3 Million A Year With A Crazy Pet Fountain Idea


Mary Burns Story

http://www.petfountain.com/

Dr. Mary Burns, 49, is a former veterinarian and the founder of Veterinary Ventures Inc. based in Union, Kentucky.

The Drinkwell is a pet fountain with free-falling water, a one-gallon-plus water reservoir, a pump and a charcoal filter for removing bad tastes and odors. Burns initially got the idea because her cat, Buckwheat, would only drink running water from a faucet. Tired of getting up during the night to give Buckwheat a drink, Burns created the Drinkwell after observing a decorative desktop water fountain that seemed to offer a solution for faucet-drinking cats.

The initial investment was less than $3,000 for a vacuum-formed mold, some initial inventory and an ad in Cat Fancy magazine

The sales really took off, with just over $3 million a year. Most sales are made through pet superstores such as Petco and Petsmart, and through independent pet stores, as well as specialty and pet catalogs nationwide

Pets can be an important part of people's lives, so it's not surprising that every year, individual inventors come up with dozens of new pet inventions. But the days of the independent pet store are over--and nearly all small shops have been replaced by category-dominating stores like Petco and Petsmart. Inventors can enjoy big-time success once they learn how to penetrate the big pet-store chains.

"I knew the key feature on the Drinkwell was the free-flowing water," says Burns. "I started by reading the book Patent It Yourself by David Pressman. I wrote up much of the patent description myself, but I had an attorney write up the actual claim to be sure I had strong protection." Burns' protection paid off--she sold the product without competition from 1995 to 2001 and, even after a competing fountain was introduced by a major pet-products company, the Drinkwell held its sales level because she had the market's only free-flowing water fountain.

Burns explains her sales success: "I started out in December 1995, selling directly to consumers through small ads in Cat Fancy, Cats and I Love Cats magazines. Then, in 1996, Hammacher Schlemmer called and wanted to carry the product, and Alsto's Handy Helper catalog picked the product up at the end of 1997. In 2000, I started to promote the product in trade magazines like Pet Age and started to pick up independent pet stores." Burns didn't just have some initial success; she had $2.2 million in 2002 sales, which also included Petco sales of her product.

Burns started with a functional product that was not stylish. "My initial vacuum-formed tool was very cheap (less than $1,500), but the product didn't have aesthetic appeal," she says. "In 1999, before approaching pet retailers, I decided to convert to an injection-molded product, which had a six-figure tooling cost, but which also provided a professional-looking product. That look was essential to Petco and Petsmart."

Burns' growing business was starting to overwhelm her in 2000. "My investment counselor suggested I contact Howard Consulting [a business management consulting firm in Reno, Nevada, now called Meridian Business Advisers], who initially provided help with my financial books," she says. "But they came to my rescue when dealing with Petco and Petsmart. I didn't know how to fill out vendor qualification forms, deal with allowances and discounts, or negotiate final agreements."

Howard Consulting helped Burns get the initial orders, and Burns went one step further in 2002. "I ended up selling the company to [Meridian's parent company] for an upfront fee and ongoing royalties. I felt that I was out of my league negotiating with the big retailers, and was also overwhelmed by the concepts of producing the product overseas and dealing with a major pet-company competitor," Burns says. "I felt turning the company over to experienced businesspeople was my best choice."

Big retailers will want at least a 50 percent discount from the suggested retail price, and they will also want allowances, which are a percentage of their purchases--typically 2 to 6 percent--to cover the costs of damaged products and advertising. You won't make any money if your manufacturing costs are greater than 30 percent of the suggested retail price.

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Millionaires Who Started Out With Nothing-Effective Business Ideas

Millionaires Who Started Out With Nothing

Joe Bushey Story

http://www.posworld.com/

Company name: POS World Inc.
Location: Atlanta
Estimated annual sales volume: $10.8 million
Description: Point-of-sale online retailer

This IT manager for a concessions management company loved working in the POS field, but was so burnt out by the intense work hours that his doctor recommended a career change. One day, while reading a catalog with reseller pricing for receipt printers, cash drawers, bar-code scanners and other POS items, Bushey realized that not only was the markup outrageous, but also that there was nowhere to purchase POS hardware online. His vision: to create an online marketplace offering fair pricing on these items to the end user. "I wanted to be the Dell of POS," says Bushey.

"I didn't have a dime to spare," says Bushey, who continued at his full-time job while starting POS World in 1999 in his off time at home. "It was a virtually no-cost startup." Early on, he focused on establishing vendor relationships and developing a website. His brother Jim moved into his apartment to handle website maintenance.

One investment--a high-end Nortel phone system with voice mail--presented a professional image to callers, even though Bushey was handling calls for every department. It seemed to work--in 2001, when the Los Alamos National Laboratory's hard drives containing sensitive material went missing, they contacted POS World for recommendations on item-tracking technology. "I realized then we really had a presence," says Bushey, who moved to an office and hired his first nonfamily employees in 2000.

Most customers do business through POSWorld.com, but they can also visit the office or call in. Customers include many Fortune 100 companies, the Federal Reserve Board, Lockheed Martin and the U.S. court system. POS World is expanding into auto ID, warehouse operations and the biomedical field, and will partner with Microsoft to sell retail-management software in combination with the company's hardware.

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Why Small Houses Can Make Your Rich?

Jay Shafer Story


http://www.tumbleweedhouses.com/
Bigger isn't always better. Just ask Jay Shafer, founder and owner of Tumbleweed Tiny House Company (http://www.tumbleweedhouses.com), who lives in a 70-square-foot freestanding home. No, that's not a typo-his entire house has less space than most people's bathrooms.


"I had a hard time finding a place that suited my needs without exceeding my needs," says Shafer, who built his first tiny house in 1997. "So many American houses are so huge-they're oversized for the actual needs of the occupants."


Longing for less space, Shafer first designed a 100-square-foot house that was recognized in a home of the year contest by Better Homes and Gardens magazine. Exposure from the award prompted Shafer to go into business-suddenly he found a market for miniature mansions. Today, Tumbleweed offers more than 20 floorplans ranging from 70- to 500-square-feet. Half the customers use the buildings as their primary residences. Others buy them as freestanding additions to their existing homes, for use as an office or studio.


"Almost no assembly is required," says Shafer. "The houses arrive in one piece. All you have to do is connect the utilities."


A bonus to living so little: It forces you to be neater, says Shafer, who even works out of his 70-square-foot abode. Downsizing also makes you reevaluate your concept of home sweet home.


How To Make Money With Unwanted Mattrasses.

Homebusiness Millionaires: Jennifer Gonzales and John Gonzales

Jennifer Gonzales and John Gonzales Story

http://www.procharms.com

Company name: Procharms Inc.
Location: Sacramento, California
Estimated sales: $2.5 million
Description: Sports charm wholesaler

Courting period: When Jennifer Gonzales' husband, John, gave her an Italian charm bracelet for Valentine's Day in 2002, Jennifer--a huge Sacramento Kings fan--searched in vain for a Kings charm before deciding to create one herself. Jennifer visited the Team Store at Arco Arena (home of the Kings) to ask about licensing, and a helpful employee called Kings' co-owner Gavin Maloof and let Jennifer leave a message. She was stunned when Maloof returned her call and directed her to someone at Arco, eventually leading to a $7,000 order.

Sports nut: After talking to local jewelry-makers and suppliers and doing many hours of online research, Jennifer found a company that could manufacture the charms and was a licensee for Major League Baseball, the NBA, NFL, NHL and professional players associations. Jennifer recruited her first rep--a charm-store business owner--and collected a 20 percent deposit from interested charm retailers. The deposit, in addition to maxed-out credit cards, paid for ProCharms' first shipment.

Domestic charm: Jennifer and John set up a work space in their living room and placed shelves on the wall for the charms. "Everyone who knew us thought we were crazy," says Jennifer. But in addition to the advantage of keeping costs low, operating from home also allowed the mother of three to stay close to her children throughout the workday, with the eventual assistance of a nanny. After four months, they moved into a small office and began hiring employees. John handles ordering, inventory and product development, while Jennifer oversees everything as president.

Team spirit: ProCharms now sells to charm retailers, e-tailers and approximately 20 professional sports teams/venues. The company has also done very well expanding into the collegiate sports market, counting 65 college bookstores as customers. New products include a silver-toned, Tiffany-style heart bracelet; cell phone charms; and leather cuff bracelets, all with team logos.

Hats - Business And Million Money idea

Fiona Markowitz Story

http://www.partyhats.org

At a birthday party 14 years ago, Fiona Markowitz, 40, rolled up paper bags into hats and let her children paint them for fun. Encouraged by party attendees who were wowed by her creativity, she and her husband Steve, 45, took a chance at making it a business. Now Party Hats Entertainment offers pre-made hats and many decor options, such as feathers, buttons, beads, silk flowers and more.

Fiona credits some of their success to The Special Event, a yearly international conference and expo for event specialists that she began attending seven years ago. "That's where I learned who the [event] industry people were, what their greatest needs were and what we'd be able to accomplish with [our business]," she recalls.

The Markowitzes honed their business skills while learning about the preparation and psychology that go into planning events. "We try to understand who's going to be there and what the needs are," says Fiona. Initially, there was resistance from event planners who thought the idea wouldn't appeal to adults, but the Markowitzes began sponsoring hat-decorating events at the conventions they attended. Says Steve, "Once those event planners saw the energy and realized that it's for [all] cultures, all ages and both genders, it sold 10 times over."

Party Hats has been hired around the country for events of all sizes and purposes. Requested themes are tied into the service. Customers can also throw a Party Hats event on their own with the company's Party in a Box product. The business, with projected 2006 sales over $1 million, isn't just about hats, however. The Markowitzes have made flip-flops, gloves and handbags, all of which can be pre-decorated on request. The latest product: Pimp Your Tux, which gives men the chance to decorate some tuxedo pieces.

"People say, 'This is the best thing ever,'" says Fiona. "Our best source of work is the people who spread that message to others."

How To Make Millions With Fishing Or -Fishing Lures Go High-Tech

Chris Podlewski And Michael Armbruster Story

http://bikinilures.com

After working long hours doing contract engineering for space systems, Podlewski looked forward to relaxing with friends on the open water. But with the cost of live bait on top of another $60 to gas up the boat, his hobby was also a bit pricey. That's when Podlewski came up with the idea for an artificial lure, designed to attract fish as well as live bait.

His day job eventually brought him to New York. There, Podlewski tried to make a business out of his artificial lure but could never get past the prototype stage -- until he met Michael Armbruster, an engineer for a consumer-products company in Buffalo, N.Y. The pair started Bikini Lures and is just now bringing their innovative fishing aid, a reusable electronic product that mimics the sound of live bait, to market.

Q: How did you and Chris meet?

A: We met in July, 2003, through mutual friends. Chris was looking for a job. He's a contract electrical engineer, and I was working for a local consumer-products company, so he was looking for a job at that company. First, we started talking on the phone. We didn't know this at the time, but we were both adopted from the same orphanage in Korea.

When we started talking, we had no idea. I thought I was talking to a Podlewski, and he thought he was talking to an Armbruster. When we met, all of a sudden we were like, "Were you adopted?" That's where we just kind of hit it off.

Q: Did you both fish frequently?

A: Growing up in Long Island, I used to fish when I was younger. As I grew up, in college and high school, I had all these miscellaneous activities, so I didn't have time to devote to fishing, but Chris got really interested in fishing when he was doing contract engineering in Florida.

Q: Did you plan to go into business together?

A: We first started off as friends. We didn't really think about starting a business together. He [had] the concept down in Florida. He tried to do something with it with various other people, and he wasn't successful.

When he met me, that's exactly where my background was, in consumer products from conceptualization to the finished product on the shelves. He definitely has an edge with R&D, having worked [on space systems]. He has an electrical engineering background, combined with fishing. We met in July, we started talking about it in the fall of 2003, and then we went and started a corporation in December, 2003.

http://4businesshomeideas.blogspot.com




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TV Show Fan Finds A Unique Niche To Profit From Other Fans

Georgett Blau Story

http://www.sceneontv.com

Linda O'Brien and her 16-year-old daughter, Tess, are devoted fans of Sex and the City. They watched it religiously during its initial TV run, and now relive all the Cosmo-fueled moments on DVD. So it should come as no surprise that on their first trip to New York, the Australian duo have forgone some of the usual hotspots for a different type of sightseeing experience: The Sex and the City Tour.

Creator Georgette Blau introduced the tour a month after the September 11 terrorist attacks, hoping to give a boost to businesses in the same neighborhoods where much of the show was shot. Since then, the three-hour tour, which runs twice a day, has been a sellout.


Visitors from all over the world, most of whom learn about the tour online, eagerly shell out $37 a ticket for a chance to photograph themselves on the stoop of the building where Carrie, the series' central character, lived and to buy the girls' favorite cup cakes from the Magnolia Bakery.


You would think that the business of showing homes, parks, restaurants, and other real-life locations from TV shows and movies would be a given. Glance at a newsstand today, and it's clear that the fascination with celebrity culture only continues to grow. But when Blau moved to New York in 1998, a 24-year-old Skidmore College graduate and newly minted editor at Prentice Hall, she was star-struck and keen to indulge her passion.


What she couldn't find, however, was a tour that could show her famous New York movie and TV landmarks. Often walking past the apartment building featured in The Jeffersons, she came up with an idea. "Imagine my surprise when I couldn't find a single tour," Blau says.


So, in 1999, with $3,000 from her savings, she started what initially was a weekend hobby -- the Scene on TV Tour, starring Blau as tour guide. Soon after, she renamed it the Manhattan TV & Movie Show, with tourists paying $15 to see sites from hit TV shows and movies.


Like many entrepreneurs, Blau identified a way to turn her passion into a business capitalizing on the passions of others who share her enthusiasm for the big and small screens. The pool of potential customers is deep. In 2005, New York welcomed 17.2 million tourists, each spending an average of $190 per day, according to NYC & Company, the city's official marketing and tourism organization.


Blau realized early on that she had stumbled upon a potentially great business idea. New York is one of the most-filmed cities in the world, where many of prime-time hits are based. Of course, it would almost seem like a no-brainer, considering that Hollywood has had tours of movie stars' homes for years, and Hawaii has its own movie tour featuring locations in Kauai from Raiders of the Lost Ark, Jurassic Park, and other blockbusters. Even California's Monterrey has a own movie tour that includes a scene featured in Marilyn Monroe's Clash By Night.


Blau's company, On Location Tours, now runs four tours -- the Manhattan TV and Movie Tour, the Central Park Movie Tour, The Sex and the City Tour, and The Sopranos Tour.


But it was tough going initially for Blau, who barely made $400 during the weekends showing visitors places such as the building from The Nanny on the Upper East Side, the Lower East Side police precinct from NYPD Blue, the Soup Nazi from Seinfeld, and the Jacqueline Kennedy-Onassis High School on 46th Street from Fame. She continued her day job as an editor.


But as the popularity of the bus tour increased, Blau began stepping up her marketing and PR efforts -- handing out brochures at the Museum of Television & Radio and other tourist-stomping grounds, establishing a Web site, generating as much word-of-mouth buzz as possible.


Real success came to Blau when she quit her job as an editor and started a tour based on The Sopranos in March, 2001. The HBO mobster sensation was in its third season, and media interest was at its peak. When Blau started the tour, which features various spots filmed in New Jersey, it generated a major buzz, including a spot on the Today show. The tourists went crazy, and Blau was easily filling up the two buses' 100 seats, even though the tour ran on Sundays.


She later launched The Sex in the City Tour, which has also been a tremendous success. Now 31, with five full-time employees and 18 part-timers, Blau brings in more than $1 million in revenue each year. With a full-fledged operation on her hands, she eventually decided to hang up her tour-guide hat and hire others.


In March, 2005, she advertised on Craigslist to hire guides for The Sopranos and Sex in the City tours. The response was stunning -- 300 people showed up for the interviews, which lasted two weeks. "We're in New York, so we had to pick from beautiful struggling actresses to standup comedians," Blau says.


For the comedians or actresses, the tour is a great forum to practice their craft. Lisa Perlman, a tour guide on the Sex and the City bus, is a standup comic at The Gotham Comedy Club. And it shows. She keeps the tourists entertained and well-humored during the three-hour tour.


"The bus is just like the club -- you're never quite sure how the audience reacts to my jokes, and it's great practice," says Lisa, who peppers her banter with knowledgeable tidbits about New York architecture and questions like: "Are there any shoppers in this bus, or alcoholics, or virgins, anyone?"


The O'Briens can barely contain their squeals of delight as tour guide Perlman fields the question -- "which one among you is a Carrie, a Charlotte, a Samantha, a Miranda?" -- the show's four main characters. Daughter Tess admits that her friends from Down Under have often referred to her as a Charlotte, the well-bred, eternally optimistic brunette.


The tour's fanatical fans are nearly all women. Once, Blau recalls, actor Kyle MacLachlan, who played the role of Trey McDougal, was buying cupcakes at the Magnolia Bakery -- one of the tour hot spots -- and was surprised to see a horde of women rushing toward him. "I thought they'd get his autograph," Blau says. But to her surprise, the women all went up to him wagging their fingers and shaking their heads at how poorly his character treated wife Charlotte in the show.


The success of The Sopranos Tour taught Blau the need to constantly update her tours to attract young tourists. So, while You've Got Mail, the Tom Hanks and Meg Ryan romantic comedy filmed on the Upper West Side, was part of the tour until just two months ago, it has now been replaced with a stop at Rice to Riches, the rice-pudding store that makes an appearance in the Will Smith's Hitch. Of course, the classics like Breakfast at Tiffany's and the house from Wait Until Dark are always shown, as is the Empire Diner from Woody Allen's Manhattan.


Next up, Blau plans to start a tour in Washington, D.C., within the next few months that will show the sites from movies and TV shows filmed there. Fans of The West Wing and Commander in Chief needn't wait too long before their own "on-location" experiences.


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A Billionaire Junk Man?Junk Effective Business Idea

Brian Scudamore Story

http://www.1800gotjunk.com/

IT was a misty Thursday in the suburbs of this sprawling city, and inside a recently vacated house, Austin Atkins and Stefan Meissner were up to their elbows in junk.

The detritus was the usual: ratty couches, empty paint cans, old mattresses. In a closet sat a dusty upright piano. Out back, in the weeds, lay a rusted hydraulic car jack.

Mr. Atkins, however, was undaunted. "Time to clean up," he said. Over the next 90 minutes, the cleanly uniformed duo grunted and grimaced as they carted every ounce of junk out to their flatbed truck. When they were finished, they toweled off, shook hands with the real estate broker who hired them, accepted payment and headed for the dump.

The routine was typical for this tag-team of Mr. Cleans, junk haulers from the local franchise of 1-800-GOT-JUNK?, a company based in Vancouver, British Columbia, that has jazzed up the traditionally impersonal act of carting away trash.

Since it was founded 17 years ago, the company has grown from a sole proprietorship in Vancouver to an international corporation that expects revenues of $120 million this year.

The secrets to this success are uniformed haulers, shiny Isuzu trucks and service with a smile. While most carting companies send scruffy men to retrieve refuse from the curb, 1-800-GOT-JUNK? sends haulers right into customers' homes, removing not only the trash but also clean up when they're done.

For Cameron Herold, the company's chief operating officer, the approach is nothing short of revolutionary. "We've done for garbage what Starbucks did for coffee," he said, noting that most of the company's franchises charge a flat $500 per truckload, which includes gas, labor and dump fees. (There are smaller fees for one-quarter and one-half of a truckload.) "We think of ourselves as the FedEx of junk."

But there's more to this story than a bold brand. As many small businesses are turning to angel investors or venture capitalists for help, 1-800-GOT-JUNK? has done it alone, bootstrapping the business exclusively on cash flow, and sharing 25 percent of profits with employees through a bonus program.

The company has also built itself around technology, centralizing call-center operations and dispatching new orders through a proprietary Web-based processing system that will soon use Global Positioning System data for better service.

"When a customer calls, we want to be able to get to their junk and remove it as quickly as possible," said Brian Scudamore, the company's founder and chief executive. "Once you've decided to get rid of this stuff, you really don't want it lying around."

Like many small businesses, 1-800-GOT-JUNK? was born on a whim and youthful enthusiasm.

Back in 1989, Mr. Scudamore was waiting for food in a McDonald's drive-through when he spotted a pickup truck with the words "Mark's Hauling" on the side.

"I looked at the truck and said, 'Now there's an idea,' " he remembered, noting that he was a freshman at the University of British Columbia at the time. "I needed a way to pay for college, and I thought hauling junk was a good choice."

Mr. Scudamore acted immediately, shelling out $700 for a 1976 Ford F-100 pickup, and distributing fliers to spread word that he was the new hauler in town.

Slowly, gigs trickled in. The first year, he earned $1,700; the next year, he broke into five digits. By 1993, the business was taking so much of his time that Mr. Scudamore dropped out of school altogether.

Later that year, he bought two new trucks, and pulled in $100,000. By 1995, the company earned $525,000. Business was booming, yet Mr. Scudamore began to grow wary of complacency.

He dealt with those anxieties by reinventing his company under a franchise strategy, beginning with a pilot in nearby Victoria. When that office teamed with headquarters to top $1 million in revenue in 1997, Mr. Scudamore realized he was on to something. In 1999, he sold another franchise, to an entrepreneur in Toronto.

"By relying on franchise owners to come in and share some of the risk, I realized I could expand the firm without having to turn to outside investors or other funding sources," Mr. Scudamore said. "To me, this was a solid plan for growth."

In 2000, the same year that Mr. Scudamore hired Mr. Herold, 1-800-GOT-JUNK? dipped into the United States. The first franchise sprouted in Portland, Ore.; shortly thereafter, some friends from Canada opened a franchise in San Francisco.

Since then, the company has grown like a pack rat's National Geographic collection, blossoming into 40 franchises by 2002 and 214 by 2005. Last month, 1-800-GOT-JUNK? opened its 242nd franchise, in Spokane, Wash. It recently opened a franchise in Sydney, Australia, and will open one in Birmingham, England, this summer.

Many of these franchise owners are thriving. Alan Remer, owner of the company's outpost in Philadelphia, paid $28,000 for his franchise in 2002. Last year, the enterprise earned $900,000, and he predicts it will earn $1.5 million this year.

"I honestly believe I have bought into McDonald's in the 1960's," said Mr. Remer, who retired as a Wall Street stockbroker after the terror attacks of Sept. 11, 2001. "People want their basements back, and we're the cheapest way to create space in a home."

The haulers, too, are sharing in the success. Each truck tandem receives credit for the money it brings in, and profit sharing is tied to a bonus program for the peak performers. Mr. Herold said that the company gave its top workers bonuses of 17.4 percent last year.

Smaller rewards are offered as well, like items that seem too good to wind up in a dump or a recycling center. At the house that Mr. Atkins and Mr. Meissner were cleaning out in San Jose, the spoils included a BMX bike.

Mr. Scudamore expects 1-800-GOT-JUNK? to become a $1 billion company by 2012. To help achieve that, the company will invest millions in JunkNet, its centralized Web-based system that is used to dispatch orders from Vancouver to franchise owners. Currently, franchise owners must call to keep up with truck locations. But by September, Mr. Scudamore says, the company will begin using G.P.S. in many trucks, enabling dispatchers to send new orders right to the trucks based on where they are.

"The new technology won't only make us more responsive to our customers, but it also will make scheduling easier for our franchise partners," he said. "When's the last time you heard a junk company say something like that?"