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Coffee Lid Sells $1 Million

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In the spring of 2011 Joshua Resnikoff was working on his Ph.D. in biomedical engineering from Tufts University in Medford, Mass., while his wife made and sold kimchi, the Korean spicy pickled cabbage. Because of her business, Resnikoff notes, "We had a ton of Mason jars around, and I used to use them to drink coffee in the morning."

The jars, made of glass, are nonreactive, nontoxic and easy to clean--but not necessarily easy to drink out of. "We were in the car one day, and I spilled coffee all over myself," Resnikoff recalls. "My wife said, ‘Someone should make a lid for those.' So I went online and tried to find something, but nothing like it existed." Resnikoff told his friend Aaron Parone, a medical design engineer, about the idea, and Parone said it was so simple, he could make one by the next day. But, he added, "It'd be stupid. Nobody would buy it."

Last year they sold more than 140,000 of their to-go lids for Mason jars. At an average of $8 a pop, that works out to more than a million bucks.

​

How a Coffee Lid Turned into a Million-Dollar Idea | Entrepreneur.com

[video=youtube;Gd_kjKoBT60]http://www.youtube.com/watch?v=Gd_kjKoBT60[/video]
 
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Huuf gus vjin, cav O lopfe fup'v hiv ov. O fup'v lpux epzcufz xju fsoplt gsun e netup kes, O xuamf onehopi juv duggii xuamf ci vuahj vu jumf et ximm. Jet epzcufz imti tiip qiuqmi atoph netup kest gus vjot?

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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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