You and I probably live in similar worlds. The world where Fidget Spinners are everywhere. It’s all my kiddos want to talk about, and when they aren’t talking, between their fingers is the spinning insanity of the fad.
Jerry Phlippeau lives in our same world. He was listening to the radio when he heard the inventor of the fad sweeping the nation, Fidget Spinners, wasn’t going to make a penny from her idea.
Can you believe this?
According to the new story, Catherine Hettinger had allowed her patent to lapse years earlier due to a lack of funding and the inability to elicit interest from large toy manufacturers.
It was a good idea, but the originator is going to be left out while others profit. It’s an old story.
Phlippeau knows it too.
“I’ve seen this story so many times in my career; someone with a good idea either doesn’t have the money or knowledge to bring their concept to market, so someone else with more resources does and makes a fortune. I hate seeing little guys squeezed out by ‘the man.’
Motivated by her story, Phlippeau immediately sprung into action. Using a supply chain developed during the past decade as he marketed toys, he located sources for a diverse array of Fidget Spinners. Product samples in hand, Jerry began contacting his long list of clients, many of whom couldn’t find reliable vendors for the product everyone wants.
One of the first to commit to purchasing was QVC. Flipo’s Fidget Spinners will be available for purchase at the television retail giant during the morning of May 20th.
While QVC will be the first retailer to receive stock in the United States, nearly everyone Phlippeau has contacted is lining up to receive stock.
Jerry hasn’t forgotten about Catherine Hettinger either. He has decided to give a percentage of revenues to Hettinger for each Fidget Spinner his company sells. He hopes to be able to present her with the check personally so he can witness the joy of playing it forward.