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Smells Like School SpiritWhen it comes to designing quality collegiate purses, it looks like these sisters-in-law have bagged a winner.

ByNichole L. Torres

Opinions expressed by Entrepreneur contributors are their own.

What:High-end handbagsemblazoned with college logos
Who:Linda McMahan Gunning andSue Craft McMahan of Bagalogos!
Where:Austin, Texas
When:September 2002

Linda McMahan Gunning was inundated with compliments on theUniversity of Texas handbag she used to carry to university events.Though the bag, which she picked up at a local store, was roughlymade and not properly licensed with the college, it drew a lot ofattention from other women and fans.

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