Think the big guys control the gadgets market? Think again.
Opinions expressed by Entrepreneur contributors are their own.
When iPods quickly topped must-have gadget lists, many assumed Apple had the MP3 market cornered. But Dennis Gentles, founder of Klegg Electronics in Las Vegas, believed otherwise. In 2005, he launched his own version: the Klegg Mini. Within months of its debut, the Mini had sold out. Today, MP3 players make up 15 percent to 20 percent of the consumer electronics manufacturer's business.
Continue reading this article — and all of our other premium content with Entrepreneur+
For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:
- Digestible insight on how to be a better entrepreneur and leader
- Lessons for starting and growing a business from our expert network of CEOs and founders
- Meaningful content to help you make sharper decisions
- Business and life hacks to help you stay ahead of the curve