For Subscribers

Inventing Business

People want to start businesses. They just need an idea: yours.

By Don Debelak

Opinions expressed by Entrepreneur contributors are their own.

Back in 1992, Michael Miller decided the time had come to strikeout on his own. Miller was 30 and had nine years of corporateexperience under his belt. What he didn't have was an idea fora business.

Miller got that final piece of the puzzle from an inventor hewas associated with. The inventor (who wishes to remain anonymous)had come up with a mechanical device that takes weeds and roots outof lawns and gardens. Miller liked the invention, called the WeedHound, and felt the inventor was really onto something. Millertest-marketed the product at several lawn and garden shops. Theresponse was favorable, and Miller knew what he wanted to do:"When I demonstrated the product to people, they said,'Wow, that is really great.' I knew then the product was awinner, and I decided to license it." In 1994, Miller launchedhis company, Hound Dog Products Inc., in Edina, Minnesota, to dojust that. Since that time, he's added a variety of differentitems to the Hound Dog line and expects sales to grow from $5million in 1999 to up to $6 million this year.

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

Editor's Pick

Everyone Wants to Get Close to Their Favorite Artist. Here's the Technology Making It a Reality — But Better.
The Highest-Paid, Highest-Profile People in Every Field Know This Communication Strategy
After Early Rejection From Publishers, This Author Self-Published Her Book and Sold More Than 500,000 Copies. Here's How She Did It.
Having Trouble Speaking Up in Meetings? Try This Strategy.
He Names Brands for Amazon, Meta and Forever 21, and Says This Is the Big Blank Space in the Naming Game
Travel

6 Secret Tools for Flying First Class (Without Paying Full Price)

It's time to reimagine upgrading. Here's how to fly first class on every flight, business or personal.

Business News

These Are the Most and Least Affordable Places to Retire in The U.S.

The Northeast and West Coast are the least affordable, while areas in the Mountain State region tend to be ideal for retirees on a budget.

Business News

Amazon Driver Donates $10,000 to Charity After Being One of the Most 'Thanked' Drivers

Greylon Anthony was one of the most popular drivers in Amazon's 'Alexa, Thank My Driver' Program.

Business News

I Live on a Cruise Ship for Half of the Year. Look Inside My 336-Square-Foot Cabin with Wraparound Balcony.

I live on a cruise ship with my husband, who works on it, for six months out of the year. Life at "home" can be tight. Here's what it's really like living on a cruise ship.

Business News

TikTok Influencer Reveals She Makes $350,000 a Month on OnlyFans. 'Absolutely Unreal.'

When Tara Lynn promoted her OnlyFans page on TikTok, she saw her income more than double.