Which item was invented by a secretary and later sold for $47 million dollars? Liquid paper is a product that was invented by a secretary, Betty Nesmith Graham. She was born on March 23, 1924, and worked as a typist. Before using liquid paper, she had been using white correction paint. She was helped in her experiments by the chemistry teacher of her son’s high school in Dallas. Her coworkers were also supportive, despite her harsh criticisms.
Mistake Out
The mist-like liquid was invented in the kitchen of a Texas bank by a secretary named Bette Nesmith. The product was initially based on the recipe for tempura paint. Nesmith eventually sued an ad agency and sold the company to the Gillette Corporation for $47 million. Nesmith, a former artist, created the formula in her kitchen while working part-time at the bank.
Graham used to work at Texas Bank & Trust as a secretary and was fed up with typing errors. One day, she accidentally signed a bank letter as the Mistake Out Company. She changed the name to Liquid Paper and started marketing the product through office supply magazines. The company soon gained popularity, securing large orders from General Electric and other major corporations.
Graham continued to experiment with her invention until she was satisfied with its performance. After a few attempts, she finally came up with a formula that would cover her typos and errors. She used white water-based paint and a thin paintbrush to apply the substance. Eventually, her product became widely known as Mistake Out, and Gillette Corporation bought the company for $47 million.
Today, the product is used for erasing mistakes on typed documents. It’s also used by artists as analog paint. In 1979, the company was sold for $47 million dollar.
Liquid paper
Liquid Paper is an invention that was invented by a secretary named Bette Nesmith Graham. She first called it Liquid Paper for Typewriters and it made typewriter corrections easier. She had to re-paint her mistakes because she was terrible at writing. Her parents struggled financially and she dropped out of school.
In the early days, Graham worked in a bank in Texas. Her salary was $300 a month, which is about $36,000 today. This was one of the highest-paying jobs for women in those times. Graham was plagued by typos, so she decided to experiment with white tempera water-based paint and a tiny paintbrush. Her company became known as Liquid Paper, and Graham eventually sold the company to a major corporation, Gillette, for $47 million.
Liquid paper is still a popular way to make corrections on written materials. The inventor, Bette Nesmith, developed it at a time when many people were not using computers. It was not until the late 1970s that she was able to sell her invention. In 1979, the company was sold to Gillette for $47 million.
The invention was a bestseller and was so popular that the Gillette Corporation offered to buy it. The company bought the product, and the idea caught on. Bette Nesmith’s son, Michael Nesmith, a member of the popular group “The Monkees”, was also involved in the business.
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Easel pad
A secretary in Texas invented liquid paper and later sold it for $47 million. The invention was first made for correcting typing mistakes and later became a bestselling product. It was then marketed and a secretary in Texas was hired by a famous singer from the Monkees.
The liquid paper invented by a secretary and sold for $47 million to the Gillette Corporation is a popular drawing medium and analog paint. The invention was originally invented by a secretary herself and later sold for $47 million to a multinational corporation.
The original Easel pad was created in the 1940s to help women make corrections in typed documents. It was also used by artists and was patented by Gillette Corporation and sold for $47 million in 1979. Today, it is a popular tool used by many people all over the world.
In 1951, Bette Graham was working in a Texas bank as an executive secretary. She had a small child and took odd jobs to make ends meet. She also learned to type and use a shorthand machine. She became a secretary at Texas Bank & Trust, but technology made it increasingly difficult to correct typographical mistakes. The erasers used before could only smear carbon across the paper, and Graham decided to find a better way to correct typing errors. The solution was in a green bottle with a label on it.
