Idea That Took These People Straight To The Bank!

[Lambo]

Now here's a great article I read on Forbes which highlights some of the unconventional ideas that turned into legit businesses and have created a pretty penny for the owners. The common themes from these stories is 1 thing and 1 thing only, EXECUTION!

Honestly speaking, an idea is just an idea until you plan and execute it, so before you come up with a great idea you should intend to create a plan and at least try to execute it, because you never know!

Below are 5 success stories that will have you wondering if only I did this! Check them out!


Bio-Rad
Ottawa, ON
Revenue: 1.4 Million

Best friends Adrian Salamunovic and Nazim Ahmed weren't looking for the next million-dollar idea. They were just two guys hanging out on a Friday night, enjoying a good bottle of wine, when the light bulb went on.

Ahmed worked for Bio-Rad, which markets DNA-imaging equipment. Salamunovic noticed Bio-Rad's brochure on the table and to his untrained eye, the images looked like art.

Turns out others saw it that way too. Smelling opportunity, in 2005 the twosome plunked down US$2,000 in savings for initial prints and a Web site to feature their work; they outsourced DNA imaging to a DNA-extraction lab in Montreal. Working out of Ahmed's apartment, they sold a few prints to family and friends.

As the work caught on, they were invited to showcase at an Absolut Vodka-sponsored party in Ottawa's SOHO neighborhood.

The new company, called DNA 11, sold US$40,000 worth of art in the first month. An 8"x10" mini-DNA portrait goes for US$200, while a 36"x54" wall canvas garners $1,300. The Museum of Modern Art features DNA 11 art in its museum stores in New York and Tokyo. The company's revenue in 2008: US$1.4 million.


Fairy Tales Hair Care
Passaic, N.J.
Revenue in 2008: US$6 million

Business ideas come from anyone, anywhere, anytime. In 1999, Risa Barash, a 33-year-old stand-up comic, heard from her then-fiancé's cousin (got that?) about a rash of head lice cases at his Hewlett, N.Y.-based children's salon. After doing some research (including a lot of chatting with relatives in Israel, where head lice was a big problem), Barash hit upon an organic preventative shampoo, as opposed to chemical-based products applied only after the louse has taken up residence. Her big break came one morning while watching The Rosie O'Donnell Show—Rosie was lamenting her own children's lice outbreak.

READ THE REST HERE

[aliendavid]

Nice hook to bring people into the blog