3 Highly Unusual Bicycle Business Success Stories

Submitted by Dmitri Davydov on Tue, 2009-11-10 14:58.

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1. How to make nearly a million dollars, selling unicycles


Unicycling enthusiast John Drummond, a technical writer at IBM, decided it might be fun to sell a few cycles over the Internet. Seven months after unicycle.com debuted in 1999, Drummond, of Marietta, Ga., was so overwhelmed by demand that he enlisted the help of his wife, Amy.

The pair soon sped sales up from $150,000 in 1999 to $900,000 this year. No, there wasn't an inexplicable uptick in the clown population. They attribute their success to ...read on.




Andy Gregg may not have reinvented the wheel, but he has reinterpreted it. Gregg, 40, owns Bike Furniture Designs, which transforms recycled bicycle parts into sleek, eco-friendly furniture. Combining skills developed in art school -- he is fascinated by early-20th-century furniture design -- with mechanical chops he began polishing at age 10, Gregg sells his pieces on bikefurniture.com and through a smattering of retailers.

Creations such as the Milano lounge chair (pictured), $400, blend steel hardware and rubber upholstery -- made from inner tubes -- with swooping, organic curves. Gregg has been making the furniture since 1991, but it wasn't until 2004 that ...read on.

Building a company with staying power was important to Ericson, so he and his co-founders, James Perkins, 25, and Jason Meinzer, 26, opted to incorporate CityRyde as a for-profit entity when it launched in 2007. “You have to make green to go green,” Ericson says. “We knew we needed to have a model that allowed us to sustain the business while still helping us save the environment.” After a year of planning and development ...read on
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