Bette Nesmith Graham
Bette Nesmith Graham
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Entrepreneurial Journey Timeline

This timeline focuses on Bette Nesmith Graham's development as an entrepreneur, detailing the key steps, challenges, and successes she encountered while building Liquid Paper Corporation.
Identifying a Need and Developing a Solution
Early 1950s
Bette identified a common problem faced by typists – the difficulty of correcting errors cleanly and efficiently. She then developed a solution in the form of Liquid Paper, demonstrating her entrepreneurial mindset.
Initial Production and Marketing
Mid-1950s
Bette produced Mistake Out in her kitchen and marketed it directly to her colleagues and acquaintances. This hands-on approach allowed her to test the market and refine her product and marketing strategies.
Building a Business
Late 1950s - 1960s
As demand grew, Bette faced the challenges of scaling up production, managing finances, and building a team. She navigated these hurdles with determination and resourcefulness, learning from her experiences along the way.
Navigating Competition and Expanding Market Share
1960s - 1970s
Liquid Paper faced competition from other correction fluid products. Bette focused on maintaining product quality, building brand awareness, and expanding her distribution network to stay ahead of the competition.
Negotiating the Sale to Gillette
1979
The sale of Liquid Paper to Gillette was a testament to Bette's business acumen. She negotiated a favorable deal that secured her financial future and ensured the continued success of her product.