Inc. Magazine – September 2019

(Nancy Kaufman) #1

104 ● INC. ● SEPTEMBER 2019 ● ● ● ● ● ●


like getting on the moving sidewalk of
life: Now you go to college, now you get

married, now you have a mortgage. By


the time I’d finished grad school, study-
ing mechanical engineering, I felt like all

of the hustle had been beaten out of me.


On the surface, it was fine. I had a good


job, a great marriage, two happy kids, a


nice home. But I definitely noticed that
the people around me, in Boston, who

had started their own businesses seemed


more fulfilled. They worked hard, got


results, and were rewarded.


Meanwhile, I was working for people


I didn’t particularly like, in a part of the
health care industry that had too many

regulations and special interests. I started


working on business models at night and
on the weekends, and I had some pretty

half-baked ideas—like how to keep bur-


ritos from toppling over and losing their
filling when you put them down midbite.

Then one day, I took my 6-year-old son


to get his skates sharpened, and it struck
me that we were still sharpening skates

in the same dumb way my parents had


done it two decades before. I had toyed
with solving this problem in grad

school—building something like a Netflix


model, where people mailed in their
blades and we returned them sharp-

ened—but the financial realities for this


concept killed that idea pretty fast. What
if there was a way to make the process

happen at home? I bought a commercial


sharpening machine in 2012, watched the
instructional video on an old VCR in our

basement, and became obsessed with


marrying the latest developments in


design and manufacturing with the crude
process of skate sharpening.

Progress was really slow. Like, pain-
fully slow. It’s hard to start a company

when you’re working full time and have


a family. But then, in mid-2012, my father
passed away and left me some money—

less than $50,000. In the big picture, it


was a small enough sum that it wasn’t
going to change my life. So it felt like if

that money evaporated, it wouldn’t be


the end of the world. But it was enough
that I could roll the dice and hire two

entry-level engineers to help get some


momentum going for my business.


They worked out of a tiny office just
down the street from my day job, and I’d

stop by before and after work and on my


lunch breaks to check in. It finally felt


like we were starting to get somewhere.
Then, in 2013, the company I worked for

was restructured and there was a massive


layoff. My boss called to tell me while I
was on a business trip, and it was a com-

pletely euphoric moment. My co-worker


was trying to console me, and I said,
“This isn’t horrible—this is fantastic.”

I threw myself into Sparx. Four months
later, we raised a small seed round from

a handful of friends and associates in the


hockey world. It took a year to bring our
first prototype to life, but as soon as we

showed the board of directors, it was


clear the design wasn’t going to work. We


were using an exposed mechanical struc-
ture, which didn’t feel safe enough, and

the material used to grind was almost like


stone, where bits would go flying every-
where as you sharpened the blade. We

trashed the idea and started from scratch:


We found a permanent abrasive, which
is used in the aerospace and medical

device fields, and we switched to a more


enclosed design, so all of the moving
parts are protected. It took another year,

but when we went back in front of the


board, I knew we had it.


Things moved really fast after that. We


blew past our 2015 Kickstarter campaign


goal almost immediately, though we
miscalculated the price so badly that the

first few hundred sold felt as if we were


mailing $100 bills along with the sharp-
eners. We adjusted prices after that to

reflect the cost to manufacture the prod-


uct, and sales continued to take off. We’ve
sold more than 15,000 consumer Sparx

sharpeners, and we’ve launched a com-


mercial design for hockey rinks and
teams to use—including those in the

National Hockey League, the American


Hockey League, and the National


Women’s Hockey League.


We took what’s traditionally this huge


piece of dangerous industrial equipment
that only professionals can use and

turned it into a consumer product that


anyone can put on the kitchen counter
and operate as easily as a Keurig coffee

machine.


By the


time I’d


finished


grad school,


I felt like


all of the


hustle


had been


beaten


out of me.


CO

UR

TE

SY

CO

MP

AN

Y

Keeping It Sharp


Sparx, the first
commercial-grade


in-home skate
sharpener, is now


used by teams in the
National Hockey


League.

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