January 24, 2017
What they do:
Sell gifts dedicated to memorializing the loss of a loved one.
Looking for a suitable gift for her relative whose father had died, Renee Wood wanted something more personal than a flower and a card. Not finding what she wanted, she crafted a teardrop-shaped memorial pendant in Play-Doh® and took it to a silversmith to make into a necklace.
About the business:
A website dedicated to personalized gifts for someone in the grieving process.
In the latest episode of the Why Didn’t I Think of That? Podcast, Bob Smith and Greg Anastos sit down with thinkofthat.net blogger Benjamin Christopher and discuss the first of their Axioms For Entrepreneurs, “Re-think Your Industry.”
The Why Guys explore how companies like Netflix, Apple, Xerox, and General Motors were able to look at their industries, and their companies, in a new light.
Amazon.com Founder and CEO Jeff Bezos says that they’re “the only tech company with low margins.”
Low margins is an understatement. The company is losing money on every single Kindle Fire tablet they sell. But it’s all part of Jeff Bezos plan to conquer the Universe. He may or may not succeed, but one thing’s clear: With the Kindle Fire, he has single-handedly created a low-end tablet market where there was none, and for that reason alone, he’s about to change the tech industry forever.
The tech world was shaken yesterday by the death of Apple Co-Founder Steve Jobs. He was 56. Jobs has been struggling with pancreatic cancer since the mid-2000’s. He officially resigned as Apple’s CEO this past August. The world has lost an icon. Much has been written about the man–his character, his business philosophy, his managerial style, his triumphs and failures–and much more will be written in the coming years. His official authorized biography is actually being published later this month. The impact he’s had on the computer, mobile, and entertainment industries is the stuff of legend, and as we all take some time to…
It was 1999. Aspiring screenwriter John Brozek was poking around a new website called eBay, and what he found surprised him: Counterfeit Rolex Watches. Lots of them.
How did a music major wind up founding the fastest growing start-up in history? In our very first Why Didn’t I Think of That? ® Podcast, Bob Smith and Greg Anastos look at the story of Andrew Mason and his tech start-up Groupon, an online daily deal service.