Thursday, January 30, 2014

Successful businesses that started from a garage

From: retireat21.com

Maglite Flashlight
In 1955 Tony Maglica, a Croatian immigrant saved up $125 after working odd jobs. Tony used that money as a down payment on a lathe machine. He used the lathe machine to make quality precision parts. In 1974 Tony incorporated Mag Instrument and produced its first flashlight in 1979. Today the Maglite flashlight is used by all police forces in the US.

Walt Disney Studios
In 1923 Walt Disney and his brother Roy moved into the uncle's house. Out of their uncle's one car garage Walt and his brother started the first Disney Studios and began filming Alice's Comedy which was later used for Alice's Wonderland. Today Disney is the largest media conglomerate in the world.

Amazon
In 1994 Jeff Bezos started an online bookstore called Amazon, out of his garage. Jeff sold his first book in 1995 and 2 years later Amazon went public. Today Amazon is the worlds largest online retailer.

Yankee Candle Company
In 1969 a sixteen year old Michael Kittredge made his first scented candles out of melted crayons. The candles were a gift for his mom, His neighbor's noticed the candles and like them so much they wanted to buy them. Michael began mass producing his candles and soon moved out of his garage and moved Yankee Candle Company into a refurbished old mill. Today Yankee Candle Company is the largest manufacture of scented candles in the US.


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