For Subscribers

Get It Together Janet Lau's attempt to keep files organized resulted in a paper clip evolution.

By Celeste Hoang

Opinions expressed by BIZ Experiences contributors are their own.

What: Paper clip with a sticky note
Who: Janet Lau of Clip-rite Inc.
Where: Hayward, California
When: Started in 2007
Startup costs:
$100,000

For years, Janet Lau organized her papers with sticky notes and paper clips but was constantly frustrated by the messiness that would ensue. Then, in 2004, she decided to fuse the two office supplies together, and Clip-Tabs were born. "You think about it for days and months, and that's when it hits you and you wake up," recalls Lau of the moment her idea came to life.

Her brother Max, who was living in China at the time, was able to help her search for potential manufacturers while she lined up deals in the U.S. with buyers such as Office Depot, Office Max and Staples. The paper clips, which are attached to a durable, double-sided note and come in a variety of bright colors, hit stores last year and sell for about $3 a package.

Clip-rite Inc. isn't Lau's first BIZ Experiencesial endeavor, however. After graduating from the University of California, Berkeley, with an engineering degree, she spent some time working at Intel before launching Ficcare, a line of high-end hair accessories that she still manages today.

With Clip-rite's 2008 sales projections hitting $500,000, Lau, 38, has plans to provide a major line of office supply solutions for consumers within the next few years. She also hopes to start distributing Clip-rite products to a variety of retail outlets beyond office supply stores, such as grocery stores and Target.

As for aspiring BIZ Experiencess, Lau emphasizes that anybody with a good idea should start by determining how it will play out in the marketplace. "Everyone is thinking of a product or service to enhance people's lives, and if you have that passion for it, make sure you do your homework before you dive into it," she explains. "I did a lot of research for my product and felt I really had something unique."

Want to be an BIZ Experiences Leadership Network contributor? Apply now to join.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Science & Technology

OpenAI's Latest Move Is a Game Changer — Here's How Smart Solopreneurs Are Turning It Into Profit

OpenAI's latest AI tool acts like a full-time assistant, helping solopreneurs save time, find leads and grow their business without hiring.

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Starting a Business

I Built a $20 Million Company by Age 22 While Still in College. Here's How I Did It and What I Learned Along the Way.

Wealth-building in your early twenties isn't about playing it safe; it's about exploiting the one time in life when having nothing to lose gives you everything to gain.

Money & Finance

These Are the Expected Retirement Ages By Generation, From Gen Z to Boomers — and the Average Savings Anticipated. How Do Yours Compare?

Many Americans say inflation prevents them from saving enough and fear they won't reach their financial goals.

Business Solutions

Boost Team Productivity and Security With Windows 11 Pro, Now $15 for Life

Ideal for BIZ Experiencess and small-business owners who are looking to streamline their PC setup.