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Discussion in 'BBS Hangout' started by PhiSlammaJamma, Mar 19, 2001.

  1. PhiSlammaJamma

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    I orginally saw that fact on VH-1, but the artcicle I found was when I searched internet by "Inventor Liquid Paper".


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  2. AhPook

    AhPook Member

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    I actually found this out on the reading comprehension portion of the SAT.

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  3. RocketMan Tex

    RocketMan Tex Member

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    I had also heard, although I can't find any substantive information to back it up, that Nesmith invested his inheritance from his mother into his multimedia company (I believe the name of the company was PacificArts), and that after the company wen't belly-up, he had to declare bankruptcy in the mid 1990s.

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  4. rockHEAD

    rockHEAD Member

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    So is that why he did the Monkee's reunion tour??

    haha... just joking. I actually believe he doesn't associate much with those guys...

    I think in the VH-1 Behind the Music thing on the Monkee's he mentioned how he's "over that" or something to that effect.

    rH


    wow... a Monkee's thread!?!
     
  5. AhPook

    AhPook Member

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    I don't know about the bankruptcy, but you are right about Pacific Arts. Here is an article that calls Michael Nesmith the father of American music video.


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  6. PhiSlammaJamma

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    The inventor of Liquid Paper was the mother to what famous musician?


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  7. rockHEAD

    rockHEAD Member

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  8. PhiSlammaJamma

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    Damn! That was fast! Way to go Rockhead.

    Heres the background on the invention:
    It was originally called "mistake out" and was the invention of Bette Nesmith Graham, a secretary in Dallas and a single mother raising a son, Michael (The Monkees). Bette was an artist and use to handling paints and inks. She used her own kitchen blender to mix up her first batch of liquid paper, the substance used to cover up mistakes made on paper.
    Graham never intended to be an inventor; she wanted to be an artist. But shortly after World War II ended, she found herself divorced with a small child to support. She learned shorthand and typing and got a job as an executive secretary. An efficient employee who took pride in her work, Graham sought a better way to correct typing errors. She remembered that artists painted over their mistakes on canvas, so why couldn’t typists paint over their mistakes?

    Graham put some tempera waterbase paint, colored to match the stationery she used, in a bottle and took her watercolor brush to the office. She used this to correct her typing mistakes… her boss never noticed. Soon another secretary saw the new invention and asked for some of the correcting fluid. Graham found a green bottle at home, wrote "Mistake Out" on a label, and gave it to her friend. Soon all the secretaries in the building were asking for some, too.

    In 1956, Graham started the Mistake Out Company (later renamed Liquid Paper) from her North Dallas home. She turned her kitchen into a laboratory, mixing up an improved product with her electric mixer. Graham’s son, Michael Nesmith (later of The Monkees fame), and his friends filled bottles for her customers. But she made little money despite working nights and weekends to fill orders. One day an opportunity came in disguise. Graham made a mistake at work that she couldn’t correct, and her boss fired her. She now had time to devote to selling Liquid Paper, and business boomed.

    By 1967, it had grown into a million dollar business. In 1968 she moved into her own plant and corporate headquarters, automated operations, and had 19 employees. That year she sold one million bottles. In 1975, Liquid Paper moved into a 35,000-sq. ft., international headquarters building in Dallas. The plant had equipment that could produce 500 bottles a minute. In 1976, the Liquid Paper Corporation turned out 25 million bottles. Its net earnings were $1.5 million. The company spent $1 million a year on advertising, alone.

    Graham believed money to be a tool, not a solution to a problem. She set up two foundations to help women find new ways to earn a living. Graham died in 1980, six months after selling her corporation for $47.5 million.




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  9. rockHEAD

    rockHEAD Member

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    was that in WIRED magazine?
    I know it was also mentioned in a recent article.

    Mike Nesmith also heads this think-tank that brings intellectuals from around the world to his (Santa Fe?) New Mexico home/think tank...

    I wish I still had the article...
    I remember something from the article about some world dignitary or intellectual who came to one of his think tank meetings saying something to the effect of "the guy from the Monkee's set this up?" it was funny nonetheless....

    oh well..

    back to sniffing LP..
    hahaha (not really)

    rH

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