Submitted by Dmitri Davydov on Thu, 2010-02-11 15:35.
Posted in: Odd Numbers
Looking for million dollar ideas? Here is one:
http://www.aquavistainc.com/
Startup Costs: $150,000
Scott Yen loved his pet fish but hated their tanks. "Fish tanks, by nature, are very ugly," he says. That's why the 31-year-old was so interested when a friend brought up splay and a heating system. By 2004, they had filed patents and incorporated the company. By the next year, they had located an overseas manufacturer in China. The aquarium, which is designed for freshwater fish, comes preassembled with all the necessary parts.
In 2006, Scott left his job as an investment banker to work full time on Aquavista. "I didn't know where this would go," Scott says. "Something told me this was something special when I saw how people reacted to our product." The company's unique aquarium is now sold online and through the Hammacher Schlemmer catalog, and Aquavista has distributors in Europe and the Middle East. Scott is also currently in talks with major retailers to carry the product nationwide and projects 2007 sales of more than $1.5 million.
For more unusual ways to make money, visit this site
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