In these tough economic times when the administration bails out businesses that are “too big to fail” and ignores small business, you might think entrepreneurs would just pack their bags and go. But no, as it turns out, that flame refuses to be extinguished.

One such example is the Magnogrip. Simple in concept; handy in practice. It’s basically just a Velcro-secured wrist band with magnets sewn in. The magnets are strong enough to hold nails, screws, nuts, bolts, etc until they’re needed. Then, they’re close at hand (pun intended).

While you might use your carpenter pouches for production work like hanging drywall, that would be overkill for going around the house hanging pictures, installing baseboard or door trim, or even working on the car.

And call me crazy, but I’m going to try it out for holding flies the next time I go kayak fishing.

One good thing is that the Magnogrip is available now at home improvement stores like Home Depot,  and Ace. Just in time for a Christmas stocking-stuffer gift? They say timing is everything…

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