10 Smart Entrepreneurs Who Found A Way To Make Money Out Of Nothing

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Unusual Business Ideas That Work:

alchemygoods
2 years ago, Eli Reich was a mechanical engineer consultant for a Seattle wind energy company when his messenger bag was stolen. The environmentally conscious Reich, who rode his bike to work every day, decided that instead of buying a new one, he would simply fashion another bag out of used bicycle-tire inner tubes that were lying around his house. Soon compliments on his sturdy black handmade messenger bag turned into requests. ‘That was the catalyst,’ says Reich, who obtained a business license, gave up his day job, and quickly launched Alchemy Goods in the basement of his apartment building. The company’s motto: ‘Turning useless into useful.’

BoomerangBoxes
When Marty Metro and his wife added up the number of times each of them had moved over the years, it came out to an astounding 29 times. Metro knew they weren’t alone in using massive amounts of cardboard boxes and was convinced he could help movers, businesses and the environment by creating a solution to the cardboard quandary. For now, BoomerangBoxes.com offers an online exchange for those outside the delivery area to link up and exchange boxes with others for a nominal fee. With annual sales projections exceeding $750,000, the company boasts 75%-plus gross margins.

pickydomains
Eugene Gromov is a domain wizard. Software developer by trade, he has accidentally discovered that software companies are having a hard time finding available domains for their new products and services. But coming up with unique, memorable domain names was his hidden talent. After naming domains for others part-time for three years, he was literally forced into going into domain name business full-time. ‘When I started getting multiple orders a day, I realized that I can’t do it on my own any longer. I needed help’. So he launched PickyDomains.Com a site that aggregates orders for domain names and shares 50% of the profit with people who name domains for him.

invisiongolf
While golfing with his brother one day, Andy Yocom saw prime advertising space on the flags on the course. He and his brother Timmy reasoned that any marketing messages would get prominent attention if they were placed on the flags, since golfers focus on them when they take their shots. Today, Invision Golf Group has expanded its advertising and marketing services beyond just flags to include whole golf course sponsorship-from banners in locker rooms to advertising on golf carts. The strategy is working: At press time, the sales were standing at $300,000 a year, and the company now has a presence on 142 golf courses in 26 states.

knifethrower
10 years ago, The Great Throwdini (David Adamovich), now 59, retired as a physiology professor, bought a billiard hall and took up knife throwing. Adamovich now holds 6 world records and performs about 20 solo shows a year. He has performed on Broadway, at corporate events and weddings and on TV shows such as ‘Late Show with David Letterman’ and ESPN’s ‘Cold Pizza.’ He makes around $100,000 a year for his knife-related ventures, but for $75 an hour Adamovich also offers private lessons at his Long Island, N.Y. home.

Read the other 5 are here.

 

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