For years he lived in poverty, saving his money for his project. Fortunately, he succeeded in getting financial help from two businessmen in exchange for a two-thirds interest in his invention. With this extra money, Matzeliger finally achieved what he was after: A lasting machine that could turn out a complete shoe. His machine indeed changed the shoe industry. It not only greatly increased production but cut the cost of shoes by half. By 1889 the demand for the new lasting machine became worldwide.