Bette Nesmith Graham: In 1956, Bette was a single mom in Dallas, working as an adminstrative assistant. Frustrated that the newest electric typewriters did not have a way to fix mistakes, Bette applied her painting skills to create a gouache paint that enabled corrections. With the help of her young son Michael (who later joined The Monkees), she filled empty nail polish bottles with “Mistake Out” and formed her business. Renamed Liquid Paper, Bette’s business became the leading typewriter correction fluid in the world. In 1979, Bette sold the business to Gillette for $47.5 million.