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How to Value a Startup Company with NO REVENUE
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Did you know that more than 40 million adults are diagnosed with anxiety every single year in the United States? A common yet treatable condition, anxiety can be addressed in several different ways – including through the Magic Weighted Blanket. The concept of a weighted blanket was first introduced by Keith Zivalich in 1997, inspired by when his daughter placed a beanie baby on his shoulder. Zivalich would utilize deep pressure touch stimulation therapy (DPTS) as the foundation of his heavy blanket creation.
Keith Zivalich
Magic Weighted Blanket
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Ideal for better sleep while providing anxiety relief and stress relief, Zivalich's anxiety blanket wouldn't truly explode until 2016. As a family-focused entrepreneur, Zivalich knew that patience and passion were integral to the success of his concepts. Zivalich is looking to the future while seeking inspiration from his past. Taking the concept of the magic blanket to the next level, Zivalich's company would develop the Zero Gravity Bean Bag. Inspired by NASA technology, the Zero Gravity Bean Bag elevates your legs above your heart, providing immediate relief and relaxation. More than just the inventor of the original weighted blanket for insomnia, stress and better sleep, Zivalich is a focused entrepreneur with a commitment to innovation. Seeking to inspire others to follow in his footsteps, Zivalich announced the Magic Weighted Blanket Sleep Ambassador program for other like-minded entrepreneurs.