I recently read Justin Winter’s post over on Clarity about how he grew Diamond Candles to one million dollars in one year. Impressive, to say the least.

 

I immediately thought of my own experience in online retail. It took my company about eighteen months to cross the one million dollar revenue threshold — slightly longer than it took Justin, but not half bad as we did it holding no inventory, employing very little capital up front (about five hundred dollars).

 

My retailer was DesignPublic.com, and we sold home design items (cribs, bedding, furniture, lighting), all drop-shipped from more than two hundred manufacturer-vendors. I sold the business in December of 2011....

Via Jeff Domansky