Local Startup Draws Infinite Growth
FairCityNews.com | Jan 21, 2010 | Comments 0
Joplin, MO- Fresh off their first trade show in Dallas this past weekend, local start-up Wearable Art experienced record tying infinite growth over the previous month, most likely fueling the 115 point rally on Wall Street.
“The exciting dynamic with start-ups is the tremendous growth. GE or Wal-Mart can’t touch the infinite growth rate,” explains co-founder Taylor Fox. Investors are often thrilled with modest 10% growth rates of these blue chip stocks, but not in Southwest Missouri. Local investor Greg Leezak explains his investment strategy, “I invest in businesses I understand, and I understand coloring on my own clothes is fun. How could this business not succeed?”
The infinite growth is causing a panic at Missouri State business classes. Assuming Wearable Art sold $10,000 worth of product this month and none last month, (10,000-0)/0 yields an error on students’ calculator. “The teacher was so flustered by the situation. He had no idea what the error meant and just cancelled class,” explains a relieved student Kimberly Foster.
But with infinite growth comes problems as co-founder Mike Wakefield, in charge of production, points out. “The machines are working infinitely harder than last month, I am working infinitely harder and we have to order an infinitely larger amount of shirts and coloring pastels.”
Wearable Art’s initial success has sparked a rush of investor interest but Fox is hesitant. “It will be difficult to continue this rate of growth and I am fearful investors will be disappointed if we come off this growth rate next month.” Investing aside, kids can now express themselves on their clothes, and what is better than that?
Filed Under: Business