20 Million-Dollar Businesses You've Never Heard Of
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Re: 20 Million-Dollar Businesses You've Never Heard Of
#2These are what I call real startups. Many of them are imaginative and solve real customer needs. I hope that many of them can grow into thriving businesses.
One point that I think is interesting is that even though they're all "offline" businesses, most were started with very little capital investment.
I sometimes get the feeling that the HN crowd is a bit (understandably) myopic and focuses too much on simplistic websites. But I believe that more articles like this, which showcase business ideas in other fields, could be very valuable in inspiring people and getting the creative juices flowing.
There's a much bigger world out there than one might imagine!
Re: 20 Million-Dollar Businesses You've Never Heard Of
#3Nice list, hated they way they were shown.
Re: 20 Million-Dollar Businesses You've Never Heard Of
#4I must be really sleepy. I clicked on the article thinking ... 20 million "dollar businesses" ... wtf? Parse Error. Need more caffeine.
Re: 20 Million-Dollar Businesses You've Never Heard Of
#5Sock subscriptions - what an awesome idea!
Re: 20 Million-Dollar Businesses You've Never Heard Of
#6I must be really sleepy. I clicked on the article thinking ... 20 million "dollar businesses" ... wtf? Parse Error. Need more caffeine.
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Re: 20 Million-Dollar Businesses You've Never Heard Of
#7Nice list, hated they way they were shown.
They just got 20 times the amount of page views though. If they provided a list that means you could have skipped through and decreased their page views.
Re: 20 Million-Dollar Businesses You've Never Heard Of
#8Another good presentation like this was done by AdaFruit, the open source hardware company. The founder and an editor at Make: pinged 13 OSH vendors and found in aggregate they were doing $50MM a year in revenue. I'm fairly impressed by it considering they are mostly 1-3 person operations.
http://www.adafruit.com/blog/2010/05/03/million-dollar-baby-...
Re: 20 Million-Dollar Businesses You've Never Heard Of
#9Sock subscriptions - what an awesome idea!
There is another startup like that in Boston called "ManPacks". A subscription service for socks, tshirts, etc. I thought it was a kind of dumb idea, but if that sock revenue number is real they are onto something big!
Re: 20 Million-Dollar Businesses You've Never Heard Of
#10revenue != profit.
take the Fiero guy...sure 2 mil is impressive...but car parts are expensive...and his profit margin is most likely only 7%(seems to be the average for car parts)...which turns his 2 mil into $140K.