In 1979, the average college kid had a problem.

If you wanted a cold drink in the evening, you were out of luck.

Unless, of course, you had a mini- mini fridge in your dorm room.

Hey it's Seth, and this is a Kimbo.

But first, a message from our featured nonprofit, Room to Read.

Find out more at Room to Read.org. World change starts with educated children.

We believe the best way to create long-term

systemic change in the developing world

is through the power of education,

specifically literacy and gender equality.

Literacy is the key to a better life.

When children cannot read or write, they are denied the opportunity to reach their full potential.

My business partner Steve Dennis and I set out to solve this problem at the little college we went

to near Boston.

Here's the deal. In those days you could buy a mini fridge if you bought a few

hundred at a time for about $85. You could also rent a mini fridge for $85 a year.

For the $85 that the student would pay,

they would get a clean working mini fridge

delivered right to their dorm room the first week of school, and then at the end of the semester we'd pick it up.

It turns out that the 85 bucks paid for the entire fridge forever so that the second year, all of the

re-orders basically paid for our maintenance and our storage.

Year after year an entity could live on that and I'm guessing that 30 or 40 years later

...