In this week’s interview, we are delighted to talk to Kenneth, owner of the prolific Bargain Arizona eBay store. With 100% seller rating and 688 reviews, he is the ideal person to tell us about selling on eBay and growing a thriving Online business from the ground up. In the interview, he talks about his desire to start selling on Amazon and the role additional funding through Bitbond will play.
His eBay loan is already 43% funded and is only available to investors for a handful of days. Head over there to read more about his profit margins, drop shipping, imports from China, and ask him questions in the comments section.
B: Do you run a business? If so, what kind of business is it and what should investors know about it?
K: I have an eBay store that I have been running for just over a year. I am currently have 728 items listed. All of my items are drop-shipped from several different distributors. My revenue for my first year was just over $200,000. My goal this year is to source my own products and sell both on eBay and Amazon.
B: How come you ended up starting this business and why have you chosen this particularly niche?
K: I have always wanted to work for myself. Having a full time job and family I was looking for something I could start part-time and
grow the business. This business is perfect because I can run it from anywhere. Recently I was on a cruise vacation to Alaska and was able to continue to fill orders and keep my business going.
B: What do you hope to achieve with your loan and why did you choose Bitbond over a bank?
K: I plan to use my Bitbond loan to source products from China. This will enable me to open my Amazon store and expand my business. I chose Bitbond over a bank simply because banks require a lot of documentation and the process takes too long.
B: What is your favorite feature on Bitbond? What features do you think are missing?
K: I like being able to see who is funding my loan and communicate with them. I feel like this is a community. I can’t wait to give back and be able to help someone else that is starting out.
B: What would you want potential investors to know about your loan?
K: Your money is safe with me!! Even if the business does not go as expected I have the means to pay back this loan. I also plan to help fund others with their ventures.
B: What do you think the future holds for bitcoin? Is it the modern-day equivalent of the internet or will it fall flat on its face?
K: I think a lot of people are fed up with banks and standard currency. I see this as a growing market. I think once more people are aware of what bitcoin it will explode.
B: As a business owner or an employee, does your place of work accept bitcoin? If not, what do are the chances of that changing?
K: My current business is mostly eBay driven. I think it would be advantageous for eBay to add Bitcoin as a payment method.
B: Thank you very much for a great interview Kenneth!
If this interview has piqued your interest, make sure to check out Kenneth’s eBay loan.
Thanks for reading!