Working in Washington's high-tech hub in 1998, all Mike Becker heard about was high-tech this and future that. So Becker took a look at what his fellow Redmonites were doing--and did exactly the opposite. Inspired by an article in Entrepreneur magazine and having long collected nostalgia-based toys and items from his childhood, Becker surmised "There's got to be people like me out there [who love nostalgia], where I could have a cool little business based on that love." Choosing to resurrect the bobblehead, Becker pulled out his life savings of $35,000 and took a business trip down memory lane.
Becker makes his "Wacky Wobblers" out of plastic. Focusing on characters and personalities he enjoyed from the past, Becker chose Bob's Big Boy as his first licensing conquest. He convinced the distributor who sold to the gift shops in Bob's Big Boy restaurants it would be a hit, and after a couple thousand sold, he landed a big order for 13,000. Becker then applied his profits toward new licenses, characters and molds.
Becker's second licensing deal came with the help of a business acquaintance who is the licensing director at New Line Cinema. His break took advantage of the afterglow following the first Austin Powers movie, which resulted in shagadelic sales of 80,000 bobbleheads.
Becker's growing line of Wacky Wobblers (recent additions include Bozo the Clown, Lucky Charms and Pink Panther) helped Snohomish, Washington-based Funko Inc. reach $2 million last year without selling to large discount merchants. Opting instead for the small, cool, independent gift and specialty shops, Becker is content with Funko's volume, but has plans to diversify with other products, keeping with the nostalgic vibe he's created.
And although he's now the one being approached by companies for licensing about half the time, the self-titled "chairman of fun" hasn't swayed on lucrative deals that didn't fit with his ideology, such as the promotional sports figures his competitors have jumped on. He continues to be the sole decision-maker judging which characters are Funko-worthy and vows to keep his small, eight-employee family-and-friend operation anti-corporate. "My dog's here every day, and we wear shorts and play video games like we wanted to in the beginning," Becker shares. "As long as I'm doing what I want to do and we're making a profit, I can't imagine anything better."
How 18-Year Old Kid Makes Sell Bean Bags Worth $30 Million Each Year
Shawn Nelson Story
http://www.lovesac.com
At age 18, Shawn Nelson was watching TV on the couch when he decided "a huge beanbag thing" might be more comfortable. He bought 14 yards of vinyl, cut it into a baseball shape, and spent three weeks filling it with anything soft he could find. The finished LoveSac was 7 feet wide, and everyone who saw it tried it out—and loved it.
When neighbors started placing orders, Nelson decided to start his company almost as a joke. With free help from his friends, he made the LoveSacs in his parents' basement and sold them at trade shows, events and even the drive-in.
Business was moderate at best, until he got a call on his cell phone that changed his life: a quarter-million-dollar order from Too Inc., which was looking for a back-to-school offering for its Limited Too stores. "I answered the phone and said, 'Twelve thousand LoveSacs? Sure, no problem. That's what we do; we're the best in the world at it,'" remembers Nelson.
Undaunted, Nelson amassed $50,000 in credit card debt building a factory. He worked 19-hour days and slept at the factory. "It nearly broke me emotionally, physically, mentally," Nelson says. "My hands were cracked and bleeding. We finished the order [for Too Inc.] but ate up all our profits." Just when things seemed darkest, a deceptively simple idea presented itself: Open a mall store. Not just any store, but one designed from the beginning to look like an upscale chain—even before it was a chain. It paid off: With some 55 stores, about half of them franchised, LoveSac is looking at sales topping $30 million this year.
"We're headed toward owning [the market for] oversized living," says Nelson, who dispenses with all modesty where his business is concerned. "We're going to have a catalog that'll be three inches thick, selling everything that's over-the-top, bling-bling, LoveSac-get-out-of-our-freaking-way."
No one fully expected LoveSac's success—not even Nelson himself. He says being committed to solving any problem is vital to his—and any entrepreneur's—success. "Decide that there is always a way," he says, "and you'll find that there is.”
http://www.lovesac.com
At age 18, Shawn Nelson was watching TV on the couch when he decided "a huge beanbag thing" might be more comfortable. He bought 14 yards of vinyl, cut it into a baseball shape, and spent three weeks filling it with anything soft he could find. The finished LoveSac was 7 feet wide, and everyone who saw it tried it out—and loved it.
When neighbors started placing orders, Nelson decided to start his company almost as a joke. With free help from his friends, he made the LoveSacs in his parents' basement and sold them at trade shows, events and even the drive-in.
Business was moderate at best, until he got a call on his cell phone that changed his life: a quarter-million-dollar order from Too Inc., which was looking for a back-to-school offering for its Limited Too stores. "I answered the phone and said, 'Twelve thousand LoveSacs? Sure, no problem. That's what we do; we're the best in the world at it,'" remembers Nelson.
Undaunted, Nelson amassed $50,000 in credit card debt building a factory. He worked 19-hour days and slept at the factory. "It nearly broke me emotionally, physically, mentally," Nelson says. "My hands were cracked and bleeding. We finished the order [for Too Inc.] but ate up all our profits." Just when things seemed darkest, a deceptively simple idea presented itself: Open a mall store. Not just any store, but one designed from the beginning to look like an upscale chain—even before it was a chain. It paid off: With some 55 stores, about half of them franchised, LoveSac is looking at sales topping $30 million this year.
"We're headed toward owning [the market for] oversized living," says Nelson, who dispenses with all modesty where his business is concerned. "We're going to have a catalog that'll be three inches thick, selling everything that's over-the-top, bling-bling, LoveSac-get-out-of-our-freaking-way."
No one fully expected LoveSac's success—not even Nelson himself. He says being committed to solving any problem is vital to his—and any entrepreneur's—success. "Decide that there is always a way," he says, "and you'll find that there is.”
How A Man Makes Over 2 Million Dollars A Year... Chasing The Geese Away
David Marcks Story
http://www.geesepoliceinc.com
David Marcks discovered a lucrative business opportunity when he used his dog to solve a problem that he constantly faced working at a golf course - the proliferation of geese. Geese love to inhabit open spaces that provide them with water and plenty of food (such as short, tender grasses). While adding a "natural look" to golf courses, no one would want to play in a golf course where the grass couldn't be seen under the cover of goose droppings. Imagine wading in the middle of goose droppings to hit a golf ball. Yikes!
David and other fellow golf superintendents tried several approaches. According to David, "We tried everything - sprays, pyrotechnics, flags, fences. Everything worked for a little bit and then it would stop working." Until he discovered that his dog, a Border Collie, was a natural in driving geese away. As he recalls, "It was so successful that I never looked back and we've been doing it ever since."
David started Geese Police in 1986, as the solution to driving away unwanted geese from town parks, corporate properties, golf courses, or even front lawns. Using trained border collies, they drive away the geese without harming them. Today, Geese Police has considerably grown and expanded, earning just under $2 million in 2000. David has also begun to franchise his business to a highly selected group of individuals.
About fourteen years ago, David Marcks never thought that chasing geese as a way to keep his hyperactive dog busy could become a lucrative business.
David, then 23 years old, was working as a golf course superintendent in Greenwich, Connecticut. As he recalls, "I had a problem with 600 geese residing on the golf course." They tried several options: goose-repellent chemicals that don't always work, to streamers or other "goose-frightening" props that altered the appearance of the golf course. Killing or injuring the birds was out of the question.
At the same time, he got his first Border collie. After trying various approaches unsuccessfully, he stumbled on the idea that he could perhaps train his dog to drive off the geese. "I contacted the American Border Collie Association, told them about what I want to train the dog to do and they thought I was a lunatic."
It worked! As David proudly recalls, "Once I had my dog for 6-8 weeks, I didn't have any geese on my golf course. Of course my neighboring golf courses suffered greatly because all the geese went someplace else."
With the geese gone, however, a new problem popped up. David had a new problem: what will he do with the dog?
"What nobody told me when I got my dog was that border collies make lousy pets. Now we had this highly intelligent working breed dog with nothing to do. She was driving me crazy. She was chasing squirrels, rabbits, golf balls, etc. Once I had a little irrigation break on a green, and she was being difficult, more so that particular day, so I put her in my office. I left for 20 minutes, and went down to the golf course and checked on the problem. When I came back, she ate my office - I mean literally -- my desk, the chair, the garbage can, and three sets of computer cables."
While some may have gotten rid of the dog, David thought otherwise. "I know she was a great dog; but she just needed to be kept busy."
What David did next laid the ground for Geese Police. He offered the services of his dog to herd away the geese in neighboring golf courses, with no charge for the service. After all, it was simply a way to keep his dog busy.
"I asked the neighboring golf course if they had any problems with geese. So I brought my dog and introduced her, and asked if I could possibly stop by every morning before work, during lunch and after work to herd the geese off the golf course. They agreed. So that's what I did. Everyday, I dropped by before going to work, then came back during lunch break and after work and herd the geese off another golf course."
Four to six weeks later, the neighboring golf course didn't have any geese on their property. So David was back to square one. His dog had again nothing to do. "She was being a menace and I have to look around for something for her to do."
Word about David and his dog started to spread among golf course operators in Connecticut. Another superintendent was playing in the neighboring golf course that David and his dog serviced. With the noticeable absence of geese, he asked the superintendent whatever happened to the geese. The superintendent replied, as David recalls, "Oh you've got to see it. This kid comes down and he has this dog. They come down here and drive away the geese."
The guy called up David and said, "I'd pay you to chase the geese off my golf course." That started Geese Police.
While Geese Police started in the golf course sector, David says that, "Golf courses are now just about 5% of my business. The majority of my business now, about 90%, are corporate parks and playgrounds - corporate and township properties."
David continued working as a golf course superintendent, while squeezing in his business on the side. Word soon spread about his services, "Next thing you know, word got out; I never advertised." He was soon doing 3 or 4 golf courses. However, he was faced with the difficulty in balancing his work with the responsibility to his customers.
"What was happening was that I couldn't get to all of them during my lunch break. Sometimes in the morning, it was taking me too long to get through them and I didn't want to be late for my job. So what I started to do was I hired a retired old guy who used to come in the middle of the day and come take my dog for my jobs - going before work and after work."
Dave then moved down to New Jersey, working in the county park system for the next three years while doing Geese Police on the side. He then had three employees. During this time, the business has been operating without a formal legal structure.
Until someone asked him for insurance.
"I was doing a job at that time for Bell Telephones and someone asked me for an insurance certificate. I said, "Why do I need insurance? I've got a dog; I run around your yard."
David realized that he needed to establish the legal entity of his business and all the attendant requirements including insurance, if he wants to continue tapping big companies as his clientele.
"That's when it all became a little bit more serious and it became The Geese Police, the company. After several years, I just went from Geese Police the company to Geese Police Incorporated on the advice of lawyers and accountants. Things started picking up, and they advised me that I should really incorporate. So it changed into a corporation."
Fourteen years after, Geese Police has remained at the forefront of the industry that it pioneered. David proudly announces, "Right now, we have 27 trucks on the road. We own 32 dogs. We service throughout the state of New Jersey and parts of New York -- and that's just for my main office here. We also have franchise offices now in Chicago, Virginia and Maryland, and an affiliated office in Seattle, Washington."
http://www.geesepoliceinc.com
David Marcks discovered a lucrative business opportunity when he used his dog to solve a problem that he constantly faced working at a golf course - the proliferation of geese. Geese love to inhabit open spaces that provide them with water and plenty of food (such as short, tender grasses). While adding a "natural look" to golf courses, no one would want to play in a golf course where the grass couldn't be seen under the cover of goose droppings. Imagine wading in the middle of goose droppings to hit a golf ball. Yikes!
David and other fellow golf superintendents tried several approaches. According to David, "We tried everything - sprays, pyrotechnics, flags, fences. Everything worked for a little bit and then it would stop working." Until he discovered that his dog, a Border Collie, was a natural in driving geese away. As he recalls, "It was so successful that I never looked back and we've been doing it ever since."
David started Geese Police in 1986, as the solution to driving away unwanted geese from town parks, corporate properties, golf courses, or even front lawns. Using trained border collies, they drive away the geese without harming them. Today, Geese Police has considerably grown and expanded, earning just under $2 million in 2000. David has also begun to franchise his business to a highly selected group of individuals.
About fourteen years ago, David Marcks never thought that chasing geese as a way to keep his hyperactive dog busy could become a lucrative business.
David, then 23 years old, was working as a golf course superintendent in Greenwich, Connecticut. As he recalls, "I had a problem with 600 geese residing on the golf course." They tried several options: goose-repellent chemicals that don't always work, to streamers or other "goose-frightening" props that altered the appearance of the golf course. Killing or injuring the birds was out of the question.
At the same time, he got his first Border collie. After trying various approaches unsuccessfully, he stumbled on the idea that he could perhaps train his dog to drive off the geese. "I contacted the American Border Collie Association, told them about what I want to train the dog to do and they thought I was a lunatic."
It worked! As David proudly recalls, "Once I had my dog for 6-8 weeks, I didn't have any geese on my golf course. Of course my neighboring golf courses suffered greatly because all the geese went someplace else."
With the geese gone, however, a new problem popped up. David had a new problem: what will he do with the dog?
"What nobody told me when I got my dog was that border collies make lousy pets. Now we had this highly intelligent working breed dog with nothing to do. She was driving me crazy. She was chasing squirrels, rabbits, golf balls, etc. Once I had a little irrigation break on a green, and she was being difficult, more so that particular day, so I put her in my office. I left for 20 minutes, and went down to the golf course and checked on the problem. When I came back, she ate my office - I mean literally -- my desk, the chair, the garbage can, and three sets of computer cables."
While some may have gotten rid of the dog, David thought otherwise. "I know she was a great dog; but she just needed to be kept busy."
What David did next laid the ground for Geese Police. He offered the services of his dog to herd away the geese in neighboring golf courses, with no charge for the service. After all, it was simply a way to keep his dog busy.
"I asked the neighboring golf course if they had any problems with geese. So I brought my dog and introduced her, and asked if I could possibly stop by every morning before work, during lunch and after work to herd the geese off the golf course. They agreed. So that's what I did. Everyday, I dropped by before going to work, then came back during lunch break and after work and herd the geese off another golf course."
Four to six weeks later, the neighboring golf course didn't have any geese on their property. So David was back to square one. His dog had again nothing to do. "She was being a menace and I have to look around for something for her to do."
Word about David and his dog started to spread among golf course operators in Connecticut. Another superintendent was playing in the neighboring golf course that David and his dog serviced. With the noticeable absence of geese, he asked the superintendent whatever happened to the geese. The superintendent replied, as David recalls, "Oh you've got to see it. This kid comes down and he has this dog. They come down here and drive away the geese."
The guy called up David and said, "I'd pay you to chase the geese off my golf course." That started Geese Police.
While Geese Police started in the golf course sector, David says that, "Golf courses are now just about 5% of my business. The majority of my business now, about 90%, are corporate parks and playgrounds - corporate and township properties."
David continued working as a golf course superintendent, while squeezing in his business on the side. Word soon spread about his services, "Next thing you know, word got out; I never advertised." He was soon doing 3 or 4 golf courses. However, he was faced with the difficulty in balancing his work with the responsibility to his customers.
"What was happening was that I couldn't get to all of them during my lunch break. Sometimes in the morning, it was taking me too long to get through them and I didn't want to be late for my job. So what I started to do was I hired a retired old guy who used to come in the middle of the day and come take my dog for my jobs - going before work and after work."
Dave then moved down to New Jersey, working in the county park system for the next three years while doing Geese Police on the side. He then had three employees. During this time, the business has been operating without a formal legal structure.
Until someone asked him for insurance.
"I was doing a job at that time for Bell Telephones and someone asked me for an insurance certificate. I said, "Why do I need insurance? I've got a dog; I run around your yard."
David realized that he needed to establish the legal entity of his business and all the attendant requirements including insurance, if he wants to continue tapping big companies as his clientele.
"That's when it all became a little bit more serious and it became The Geese Police, the company. After several years, I just went from Geese Police the company to Geese Police Incorporated on the advice of lawyers and accountants. Things started picking up, and they advised me that I should really incorporate. So it changed into a corporation."
Fourteen years after, Geese Police has remained at the forefront of the industry that it pioneered. David proudly announces, "Right now, we have 27 trucks on the road. We own 32 dogs. We service throughout the state of New Jersey and parts of New York -- and that's just for my main office here. We also have franchise offices now in Chicago, Virginia and Maryland, and an affiliated office in Seattle, Washington."
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