What did Scott Olson invent?

Scott Olson continued his career as a developer of fitness products after selling the Rollerblade company. Olson patented a design called the RowBike a two-wheeled machine that is configured like a bicycle, but one that is powered by the rider who employs a rowing motion.

How much money did Scott Olson make on Rollerblades?

The deal was $1.5 million for half of Olson’s Rollerblade company. Seven months later, unable to raise the money, Sturgis cut the figure to $750,000. By now the Porsche-driving president and CEO of Rollerblade, Sturgis made a final offer: $100,000 for 95 percent of the company and 100 percent of Olson’s voting stock.

Who is the inventor of Rollerblades?

Brennan Olson
Scott Olson
Rollerblade/Founders

What are the benefits of Rollerblades?

Inline skating provides anaerobic benefits, such as muscle strengthening and toning. Lower body muscles, core muscles, and even the upper body muscles receive an effective workout while inline skating. From long leg strides, maintaining posture, and swinging the arms, the entire body will see the muscular benefits.

Who was the inventor of the Rollerblade skate?

A rollerblade skate. The company was started by Scott Olson (b. 1960) and Brennan Olson (b. 1964) in Minneapolis as Ole’s Innovative Sports; when they sold the company, it became Rollerblade, Inc. and has changed hands over time between Nordica, Benetton Group and Tecnica.

Who are the owners of the Rollerblade brand?

“Rollerblades” redirects here. For the songs, see Rollerblades (Eliza Doolittle song) and Rollerblades (Kwes song). Rollerblade is a brand of inline skates owned by Nordica, part of the Tecnica Group of Giavera del Montello, Treviso, Italy.

Who was the first company to make in line skates?

Even though the long established Roces company was the first to manufacture in-line skates in 1981, their distribution was limited to Italy and Central Europe for the first few years. For the first few years after Rollerblade was developed, Rollerblade, Inc. were the only manufacturer of in-line skates that had worldwide distribution.

What was the problem with the first Rollerblade?

Still, the first mass-produced rollerblades, while innovative, had some design flaws. They were difficult to put on, adjust, and were prone to collecting dirt and moisture in the ball bearings. The wheels were also easily damaged and the brakes came from the old roller skate toe-brake and were not very effective.