10 Ridiculously Simple Ideas That Made Millions

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10 Ridiculously Simple Ideas That Made Millions

Almost everyone in the world believes that they have an idea that is capable of turning them into a millionaire but in truth, there are very few inventions that prove to be successful. For every creation or innovation that turns out to be a hit there are countless others that fail miserably. However, there are plenty of incredibly simple inventions or seemingly obvious ideas that no one else had thought of that went on to make millions of dollars, making their creator fabulously wealthy for what seems like almost no work.

01- Smiley Face

The yellow smiley face is a plague that has spread all around the world. It is hard to go anywhere and not be able to see the huge grin, often accompanied with the words “Have a nice day!” smirking back at you. The image was created by Charlie Ball and he was paid $45 for the rights to the image. Later, two brothers stumbled across the smiley face and realized it had huge marketing potential. They went on to make more than $50 million from licensing the image out to companies and businesses to use on packaging and commercials.

02- Slinky

The Slinky is arguably one of the most famous toys in the world. For those living in the Western world it is virtually impossible to have not encountered the spring like toy at some point in their lives. The inventor, Richard James, actually came up with the idea by accident when a spring fell and “walked” along the floor. After a showing at Gimbals, he sold out of all of his Slinkys and they soon became a must have toy, going on to net James and his family around $250 million.

03-Velcro

The idea behind Velcro arose when George de Mestral noticed how burrs from plants would stick to his pants. When examining them under a microscope he noticed how each burr had tiny hooks that fastened to the small hoops of his trouser fabric. Realizing that he could create the same effect with artificial materials, he set about creating Velcro, an invention that is sold all over the world and brings in revenue of around $100 million every year.

04-Crazy Straw

Straws have been around for centuries and have been one of the most common ways that people drink throughout the world. The design hasn’t changed much throughout all that time because there was very little need. One man, though, decided that a way to get children to drink juice and milk rather than soda would be to create a fun straw rather than a boring straight one and thus bent his straws into unusual shapes. They proved to be a huge success and are sold in their millions every year.

05-Magic Eight Ball

While the magic eight ball obviously has no real physic powers or abilities to tell the future, it is still a common item found in people’s homes around Europe and the United States. The toy was incredibly simple to create, as it is essentially just a plastic ball filled with alcohol and a 20-sided die. It became immensely successful though thanks to its low cost and the fact that it has appeared in so many films and TV shows as a way to make tough decisions.

06-Pillow Pets

Children love teddy bears, cuddly toys and sleeping on them in unusual places. When Jennifer Telfer saw this and noticed that the toys her son was using as pillows would flatten and wear out she realized there was a gap in the market for something that acted as both a toy and a pillow. The solution she came up with was the Pillow Pet, a large and firm cuddly toy in the shape of various animals that proved to be a hit.

07-Beanie Babies

Teddy bears have been around for a long time. They are perfect toys for young children thanks to their cuddly nature and the fact that can’t really cause any harm. However, Ty Warner saw a chance to market a new type of teddy, where the creatures were stuffed with beans and were seen as collector items. Thanks to the fact they weren’t sold in retail chains and that they were seen as prized possession, Beanie Babies became a fad that has lasted for decades, making billions of dollars.

08-Snuggie

The Snuggie is incredibly simple in nature but it became a hugely popular item of clothing thanks to its funny advertising and celebrity endorsements. This buzz created an entire culture around the Snuggie that helped it to reach cult status. The exact amount of money that was brought in thanks to the Snuggie is unclear but in the first year alone more than 20 million were sold. This means creator Scott Boilen probably is living fairly comfortably now.

09-Hula Hoop

The Hula Hoop is another fad toy that became a mega hit for a short amount of time before going out of fashion. However, in the two years that the toy was in demand, it sold more than 100 million units in stores worldwide, making its creators Wham-O millions of dollars. The idea for the incredibly simple toy came about when designers saw children playing with hoops of bamboo and they decided to recreate the bamboo with plastic.

10-Wacky Wall Walker

The Wacky Wall Walker was actually a Chinese invention. However, when it was given as a gift to Ken Hakuta by his mother, he became fascinated with the product and bought the rights for just $100,000. He then began to market it around the country and saw steady sales before the toy appeared in The Washington Post and became a sensation, selling more than 240 million units and making more than $80 million.

Source:lolwot.com