Noel Zeller | Zelco Industries | Adele | named product
And Then There Was Light
by
John GrossmannSCRATCH BENEATH THE SURFACE OF MOST
SUCCESSFUL SMALL BUSINESSES AND YOU'LL DISCOVER AN
ENTREPRENEUR WITH A PASSION TO BRING SOMETHING NEW, SOMETHING
DIFFERENT, SOMETHING EXCITING TO MARKET. BUT WHERE DO THEY
GET THEIR MILLION-DOLLAR IDEAS? AND HOW DO THEY TURN THEM
INTO A VIABLE BUSINESS? CHECK OUT THESE FOUR COMPANY FOUNDERS
AND THE BUSINESSES THEY CREATED.
LIGHTING THE NIGHT Zelco Industries
Year founded 1976
Headquarters Mt. Vernon, NY
Start-up funds $80,000
1st year sales $300,000
Projected 2004 sales $15 million
Number of employees 40
Eureka Moment The rise of Zelco Industries bears some
resemblance to a NASA shuttle liftoff. The first spark came in 1976
when Noel Zeller, prospecting for new ideas in the aisles of a
hardware store, heard a woman complain that there weren't any
decent-looking flashlights that fit in her purse. That got Zeller
and his wife, Adele, off and running with a line of small
flashlights for women.
The Zellers continued to come up with, and introduce, more designs,
but Zelco really took off in 1982 with a strangely named product
Noel dreamed up in bed one night when he and his wife failed to see
eye to eye. She wanted hers closed to go to sleep. He wanted his
open to read in bed. To address what he figured to be a widespread
nocturnal problem, he designed a tiny light that clipped onto a
book and concentrated the light solely on the page. Adele named it
the "itty bitty" Booklight. Noel thought that name might be too
frivolous. Fortunately, Adele won out.
First Real Hit The "itty bitty" Booklight roared off the
shelves in its maiden year, bringing in $1.5 million. Now available
in six models, this flagship product continues to earn $1 million
a year.
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