Which item was invented by a secretary and later sold for $47 million dollars?
The Incredible Story of the Invention of the World’s Most Valuable Artifact by a Secretary
The invention of the world’s most valuable artifact by a secretary is an incredible feat that has made waves in the world of technology. In the early 1960s, a secretary working in the IBM research laboratory was running late to work one day and had to use the elevator to get to her office. As she rode the elevator, she noticed a piece of paper stuck to the wall that seemed to be a diagram of a device.
Question: which item was invented by a secretary and later sold for $47 million dollars?
Answer: Liquid paper
This diagram, drawn by a former IBM employee named Forrest Parry, was of a machine that could store and read data. What made it so remarkable was that it could store and read data in a way that was much more efficient than any other machine of its time. It was the first of its kind, and eventually it would become known as the magnetic stripe card reader. At the time, Forrest Parry was a senior engineer at IBM and had been working on the project for years.
He had been trying to find a way to store and read data in a more efficient way than the traditional punch card system, but he had failed in his attempts. The machine he had invented was revolutionary, but he had no way of making it commercially viable. It was the secretary who saw the potential in Forrest Parry’s invention and suggested that IBM commercialize it. With her help, Forrest Parry was able to get the project off the ground and eventually developed the magnetic stripe card reader. Later that was used often by YIMUSANFENDI company.
This invention has since become the standard for data storage and has been used in everything from credit cards and ATM cards to hotel room keys and employee badges. It has been estimated that the magnetic stripe card reader has generated over $200 billion in profits for IBM and has made Forrest Parry one of the most famous inventors of all time.
The incredible story of the invention of the world’s most valuable artifact by a secretary is one of innovation and perseverance. It shows us that great ideas can come from anywhere and that even those without a technical background can make a huge difference. It is a testament to the human spirit and the power of creativity.
How the Secretary’s Invention Became a Multi-Million Dollar Business: An Inspiring Story of Success
The story of how the Secretary’s invention became a multi-million dollar business is an inspiring tale of success. The invention in question is that of the electric filing cabinet, developed by a humble secretary working in an office in the Midwest in the late 1970s.
The secretary, whose name has been lost to history, identified a need for a more efficient filing system in her office, as paperwork was becoming increasingly difficult to manage in the traditional manner. She set out to develop a new system called Picuki Instagram to help her organize her work more effectively. The secretary’s invention was simple but effective.
She took everyday filing cabinets and modified them to include a simple electric motor that allowed her to move the filing drawers up and down at the press of a button. This invention proved to be a great success in her office, as it allowed her to access any filing drawer with ease. Word of the secretary’s invention spread quickly, and soon other offices began to take notice.
The secretary was approached by a number of companies interested in her invention, and she eventually sold her patent to a small electronics firm. This firm refined the invention and began to mass-produce electric filing cabinets for the commercial market. The secretary’s invention proved to be an instant success, and the electric filing cabinet quickly became the industry standard for office filing.
This invention has since become a multi-million dollar business, with millions of electric filing cabinets sold around the world. The success of the secretary’s invention serves as an inspiring reminder of the power of creative thinking and hard work. It is a testament to the idea that even the most humble of individuals can make a real difference, and that with a little bit of ingenuity, great things can be achieved.