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Tomima Edmark

Topsy Tail Millions. Lessons for inventors as to how to make and keep, their money.

Show Summary: Wouldn"t you love to turn a bad hair day into a business that made you wealthy? Well Tomima Edmark did just that. She had always struggled with styling her long locks so she invented the Topsy Tail, a hair styling contraption that flips ponytails inside out and makes intricate hair designs.

Tomima Edmark marketed it herself, it became wildly popular with teenage girls, and generated revenues of $150 million for Ms. Edmark. She relates how she grew her kitchen table business and wise lessons learned - valuable for any inventor that wants to make money from their idea.

  • Where did she get the idea?

  • Unusual source of funds for the original topsy tail mold.

  • How did she succeed without experience and know how? Tomima says "don't underestimate the value of being........"

  • What was the "lucky break" that generated $100,000.00 in orders in three weeks.

  • The infomercial business. What Tomima did that was different that enabled her to keep a lot more money than most.

  • Her advice to inventors who want to collect royalties.

  • Her advice as to what to do if you think you have a viable idea for an invention or product.

  • Her key qualities for a successful entrepreneur.

Quick Clips

Origin of Topsy Tail. Value of being naive. 1m7s
Keeping the money. Smartest decision made. 1m52s. Making more money from your invention. 58s.
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