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Late Bloomers

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Source: Entrepreneur.com

Wally Blume, 70
Denali Flavors
When your boss starts pitching tomato ice cream, it's time to move on. Sounds crazy, but that's exactly what happened to Wally Blume, who, after nearly 20 years in the dairy business, struck out on his own in 1995 and wound up creating one of the most successful new ice cream flavors of the last 20 years. Blume is the founder of Denali Flavors and the creator of Moose Tracks, a chocolate and peanut butter concoction that rakes in about $80 million every year through licensing agreements with multiple manufacturers. Denali now has more than 40 flavors in its repertoire--none of them vegetable-based. "It doesn鈥檛 take a Rhodes Scholar to understand that chocolate fudge and peanut butter cups are going to outsell tomato ice cream every day of the year," Blume says.

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