Tag Archive: Success Stories

3 Lessons From an Icon on How to Be a Success

Lessons from an icon for BIGG SuccessShe’s been a BIGG success in business.
She was also a member of a rock band and an athlete.

She is multi-talented.

She’s been a dentist, a doctor, a firefighter, a police officer, an astronaut, and even a candidate for President.

Most adults weren’t too fond of her at first. But the kids sure did love her.

Today she is considered an icon by some. But she still has her detractors.

Who is she?

Barbie!

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Two Barbies are sold every second.
In the U.S., girls between 3 and 11 own an average of ten Barbies.
Over one BILLION Barbies have been sold in over 150 countries.

If took all those Barbies and placed their 11½” body head to toe, they would circle the earth more than seven times.

The birth of a BIGG idea

But her beginnings were much more humble.

She was the brain child of Ruth Handler. Ruth, along with her husband Elliott, started Mattel – yes, that Mattel – in their garage. They had little business experience and even less capital.

The company started in 1945 as a picture frame maker. From the scrap wood, Elliott Handler began making doll house furniture.

It wasn’t until five years later that Ruth got her BIGG idea. She watched her daughter, Barbie, as she and her friends played with the paper dolls – the only option at that point.

She thought it was interesting that they preferred to play with the adult dolls. Ruth realized that there was an opportunity – a 3D doll that would help the little girls project their future.

Labor pains

So she presented the idea to her husband and the executives at Mattel. They rejected it. It would be too expensive to make. Nobody would buy such a pricey toy.

But Ruth didn’t let her BIGG idea die. On a trip to Germany, she noticed the Lilli doll. This became her model. She toned down the racy doll to create Barbie.

The birth of an icon

Her official birth was at the American Toy Fair in 1959. It takes nine months from conception to birth for a human child. Barbie’s gestation period was nearly a decade long.

The toy buyers at the fair weren’t impressed by Barbie. But the little girls who comprised her target market certainly were.

It had taken the Handlers thirteen years to get to this point. But finally, they had arrived.

And the next year, Mattel went public fueled by Barbie’s muscle in the marketplace.

3 BIGG lessons about success

  • Adaptation

    Note that the Handlers started in the picture frame business. They found their footing by making doll furniture. Finally, they created BIGG success with the birth of Barbie.

  • Observation

    Ruth wasn’t sitting at a desk trying to come up with a BIGG idea. She simply observed her daughter playing. Oftentimes, the best ideas come when you aren’t actively searching for one.

  • Perseverance

    Ruth was turned down – by her own husband among others. But she persevered and finally Barbie was born. Even then, she wasn’t a hit with the professionals in the industry. However, her market loved her.

Adaptation, observation, and perseverance – three terms that lead to BIGG success.

Do you have an idea for a business? Maybe we can help.

We’re not toying around when we say this…thanks…

Until next time…

Sources:

The Great Idea Finder

St. Joseph Catholic School

University of Virginia

Funding Universe

Wikipedia

Image in this post from wikimedia

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How $70,000 Delivered 5,000 Families from Drought and Hunger

blogactionday Today is Blog Action Day 2008. Bloggers from all over the world wide web are discussing poverty today in the hopes that conversation for a cause will lead to a cure.

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marylynnWe chose to participate because we believe in the cause and we believe in the power of people working together with a purpose.

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georgeWe remembered an inspiring Wall Street Journal article [pdf] written by Roger Thurow. It highlights how seemingly small things can make a bigg difference in the developing world. We love success stories and this one is awesome!

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$70,000 feeds 5,000 families

A group of farmers in Ohio raised $70,000 and sent it to another group of farmers in Kenya. The project is part of the Foods Resource Bank, an organization that fights hunger by connecting churches here with groups in need around the world.

The Ohio farmers decided to send money, rather than food, so the farmers in Kenya could decide how to use it best. They spent the money to build a number of small dams and retention ponds to catch water in the rainy season so they would have water year-round. With that water, five thousand families have been delivered from hunger.

Everybody wins

Here’s an example of the impact made by just one project. The farmers in Ohio sent $3,000 to the farmers in Kenya, who hired an engineer. With the plan in hand, the Kenyan farmers built the dam with their own labor and materials.

Now their village has water – for themselves, for their cattle, and for growing crops. The women of the village used to walk about ten miles to get water. Now their time is being used much more productively.

With the water problem solved, the village switched its focus to better roads. These roads are the link to nearby markets where the farmers can sell their surplus produce. But they had deep ruts which made them nearly impassable.

It used to take two hours to get to the market by bike, which is the main form of transportation there. Bikes cost $6 to rent. With the improved roads, it only takes a half-an-hour now to get into town and bike rents have fallen to $3.

Talk about win / win! The farmers are paying 50% less to rent a bike. But the person who rents the bikes is making 100% more, because the bikes get returned so quickly. Everybody wins!

Farmer increases income over 400%

The article also highlights one Kenyan farmer. With the water nearby thanks to the dam, he was able to dig his own water retention pond, which he uses to irrigate his crops. His income has grown from less than $100 a year to $500 per year!

That’s an increase of over 400%!

Now he’s plowing his extra profits back into his business. He bought a generator and mechanical pump to double his cultivated land. He also planted 400 mango trees.

Entrepreneurship at its finest!

How it started

All of these wonderful things started with the vision of one man – the pastor in the village. Originally, he reached out for food from the large international agencies. But he feared that his people would become dependent.

So he formed a development group that created a list of needs – water was number one on the list. He sent that list to a number of organizations, including the Foods Resource Bank. They got the farmers in Ohio involved.

Takeaways

We found this story so inspiring because it shows that a small amount of money with a large amount of focus can accomplish bigg things.

We liked how farmers here supported farmers there. We can all use our passion, knowledge, and skills to help people like us in other parts of the world.

It also shows the resourcefulness of people. Get resources to people on the scene. They will find a way to overcome their biggest obstacles with their ingenuity and industriousness. The accomplishments can be phenomenal!

You, too, can make a difference. Donate money or make microloans to people in need with good ideas. Reach out to organizations that have the infrastructure in place to help people in need.

It only takes one person.
Each of us can make a bigg difference in helping other people around the world be a bigg success.

 Next time, we’ll talk with a man who left a high-paying job with a prestigious law firm to do his own thing. Until then, here’s to your bigg success! 

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