Bette
Nesmith Graham is born.
While
her son would grow up with fame in his own right (the well known Michael
Nesmith of “The Monkees) Bette’s fame came when she became the inventor of Liquid
Paper correction fluid which became an office staple.
As an Executive
Secretary, Graham enjoyed the ease of the new electric typewriters, but like
many others, felt frustrated by the inability to easily erase and correct typing mistakes. Graham observed painters applying a thin
layer of paint to cover some painting mistakes and used that idea to create
Liquid Paper. A blessing in disguise
came when her boss at the bank fired her when her business began taking a lot
of her attention.
In 1979, she sold her company for almost $50M.
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