Quidsi started in a Long Island, New York garage and was first called 1800diapers.com. Now, it’s a top online retailer and owns sites such as Soap.com, Yoyo.com and Wag.com. The entire company was purchased for $540 million by Amazon. Think you can spot which online retailer will deliver big next?
2. Lucky Break Wishbone
Do you remember after Thanksgiving dinner when your family squabbled over who would get to break the wishbone. Frustrated by never getting to make a wish, Ken Ahroni took matters into his own hands. Ken found several plastic companies that were able to manufacture breakable plastic and turned a wish into a million dollar business. Ken’s Lucky Break Wishbone Corp. now earns about $2.5 million per year.
The history and economics behind this company, which lets students rent textbooks, is worth learning about. Chegg.com has not only taught the world what a great idea is worth, it’s also planted close to 1.5 million trees around the world - one for every textbook bought, rented or sold.
Looking for your next vacation spot? Look no further than Airbnb.com. Airbnb was founded in August 2008 by Brian Chesky and Joe Gebbia. It’s an online service that matches people seeking vacation rentals with those with rooms to rent. In July 2011, the company had over 100,000 listings in 16,000 cities and 186 countries and was valued at a billion dollars. If you’re good enough to spot a site like this, you’ll enjoy traveling to these places in your private jet.
5. Allstar Products Group
Who thought adding sleeves to a blanket could make you millions? The parent company of Snuggies, Allstar Products Group, apparently did. With sales topping $60 million in the past year, it’s easy to get comfortable with an idea like this. Think you’ve got another million dollar idea up your sleeve?
6. Green Mountain
Every morning, people in offices around the world chug coffee. Green Mountain Coffee took advantage of that addiction and started making individual ground coffee cups for brewing systems in those companies’ kitchens. And as of July Green Mountain was valued at a whopping $29.6 billion.
Tired of not being able to fit into his sunglasses, Rico Elmore came up with a million dollar idea. And he didn’t even know it. Elmore’s company, Fatheadz, is essentially sunglasses for large people. And in 2010, the company was valued at $2 million. Can you spot another great idea ready to earn a fat check?
Kinda crazy that a website that is as simplistic as Craigslist can generate such a huge profit. The site that famously killed the newspaper by charging for only a small percentage of its ads is currently valued at $5 billion. If Craigslist began to charge more of its classified ads, it could generate at least $1 billion in revenue. Think you can do the same?
9. Sky Zone
Sky Zone’s indoor trampoline parks are attracting birthday parties, corporate events, three-dimensional dodge ball tournaments and rabid trampoliners willing to pay up to $12 an hour, which adds up to over $3 Million in revenue for this fun as can be company. Think you can do better? Bounce your ideas off the experts.