A bad typist sold a company to Gillette for $47.5mn… – Shreya Pattar

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A bad typist sold a company to Gillette for $47.5mn…

Shreya PattarMar 20, 1 min

Circa: 1950s.

A typist was introduced to a new kind of typewriter.

Using an eraser on typos of such typewriters would smear the carbon ink.

So, the typist started covering the typos with some blended WHITE PAINT.

After improving upon this white paint, “The Mistake Out Company” was born, and later became the “Liquid Paper Company.”

The business boomed, and this company that began in a kitchen, became a multimillion dollar company.

By 1975, Liquid Paper produced 25 MILLION bottles a year.

The inventor got married, divorced and lost the control of the company to the ex-spouse.

In the 1970s, the inventor fought against the odds and took back ownership of the company.

Soon, the inventor sold the company to Gillette for $47.5 mn (worth $160 mn now)

The inventor’s name? Bette N Graham

She is an inspiring example of grit, ambition & resourcefulness.

Oh, today, Liquid Paper is owned by the $16 BILLION Newell Group!

There are many such stories out there. This women’s day, let’s celebrate these untold stories.

Happy Women’s Day!

#ShreyaWrites

P.S. Women have to just keep on with their determination and be relentless. We have to not relent.

~ Bette N Graham

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