Fidget spinners have been the craze, or rather the fad of 2017. An estimated 25 million have been sold around the country pricing varying between $6- $30. Who would have thought that a simple little toy could generate hundreds of millions of dollars in revenue?
The sad part of the fidget spinner fad is that the original inventor Catherine Hettinger originally came up with idea over 20 years ago. She came up with idea originally to promote peace because she saw boys throwing rocks at police cars and wanted something to distract these restless kids.
But back to the sad part, her patent on the product actually expired in 2005 so she has received virtually no money from the sales of fidget spinners. But she handles it with a very impressive attitude (better than I would had I missed out on millions and millions of dollars).
(Hettinger’s granddaughter playing with the original fidget spinner)
“Maybe if it was some kind of exploitative product — like a new style of cigarettes — and my only motivation was to make money, I’d have a different attitude,” Hettinger said. “But I am just thrilled.”
Although the size and specifics may differ slightly from the original design, Hettinger was ahead of the curve. A little too far ahead to cash out anyhow!
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