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IN Lifestyle ON 04 May, 2016
People are working on super tough math problems or trying to solve Einstein's equations, but they don't know that true value lies in the simplest of things.
People have become complicated because they no longer think that simple things as important. But, that's not what these smart people thought. They came up with really simple, logic using and creative ideas that led them to be millionaires.
So, let's find out some purely genius fellows who cracked a gold mine by inventing simple things.
An artist in America known by the name of Harvey Bell invented the smiley image and was paid only $45 for its rights. Later, Murray and Bernard Spain realized that the smiley face had a great amount of marketing potential so, they received nearly $50 million for it.
Richard James came up with the idea of the slinky by accidentally dropping a spring on the floor. This serendipity led to Richard's family earning $250 million.
George de Mestral decided to work on the velcro after microscopically observing the seeds of the burdock plant sticking to absolutely anything! This discovery led to the invention of the velcro which, till date, earns its parents company nearly $100 million per annum.
Kids have an attraction to soft toys or teddy bears. So, one day Jennifer Telfer noticed her son using one of their soft toys as a pillow and realized this could give her a great potential in the market.
Alex Tew was only a simple student finding ways to pay off his student loans and earn some extra bucks. He decided to sell the extra space on his website for advertising purposes. He charged every pixel for a dollar and that's when the world of online advertising started.
Soft toys have been the favorite for a long time. But Ty Warner thought of an idea where he could fill small sized toys with plastic pellets or 'beanies'.
Hence, this idea went a long way and Warner earned big bucks for it.
Also known as the 'Snuggie,' this blanket with sleeves is a very simple but a useful item.
Obviously, it started growing among the masses and sold nearly 20 million units within the first year itself. Scott Boilen, the inventor, must be really proud.
Earlier, kids would make hoops out of bamboo sticks and play with it. Eventually, those hoops started to come in plastic form and became a very popular toy for kids.
Paul Brown first sold his invention of upside down lid bottles in 1991. He was the first one to pitch the idea to some shampoo companies and Heinz. Since then, Brown has been able to make nearly $14 million with it.
It's being used as a very basic item for first aid everywhere around the world. It's a pretty easy device to cover the wound to prevent any infection.
It was invented by a researcher working for Johnson & Johnson company and is being sold in mass quantities now.