Drop-Shipping Interview: Greg from Coin Supply Planet

coin-supply-planet

So far we’ve interviewed Anthony from Kitchen Cabinet Kings who built a drop-shipping business from his expertise in the kitchen cabinet vertical.  We also interviewed Brian from Emazing Lights who built an ecommerce empire from his passion in the EDM (electric dance music) vertical.  Today’s interview is different because Greg doesn’t have an expertise in the coin supply industry, nor does he have a passion for it; instead, he found a market opportunity, conducted the right research, and focused on execution to build a profitable drop-shipping business.

Greg Laptevsky is the Founder of Coin Supply Planet, a drop-shipping business focused on the coin-collecting vertical that has existed for a year and a half and is projected to generate several hundred of thousands of dollars in revenue this year.  In addition, the business takes about 10-15 hours a week to operate, positioning him nicely for long-term, lifestyle design success.

So don’t worry if you’re not passionate about a specific industry or if you’re not an expert; and while we’re at it, don’t fret if you’re not a developer or designer that can build websites.  Greg is not a designer, is not a developer, is not passionate about the coin-collecting industry, nor did he have an expertise in the industry when he started; and yet, he’s built a profitable drop-shipping business that is quickly becoming the market leader.  This interview is about how he has overcome all those obstacles and built a successful business.

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Ecommerce Interview: Brian Lim from Emazing Lights

interview-brian-lim-emazing-lights

I’m so very excited to show you guys this interview.  Brian Lim is a good friend from UCLA who is part of my business fraternity: Delta Sigma Pi.  Brian has always been ambitious and entrepreneurial: in college, we knew him as the guy who drove a Lexus GS 350 that he paid with his own money.  So it was no surprise to anyone when he landed a prestigious job at Deloitte Consulting.

Brian is currently the Founder of Emazing Lights, the largest and globally recognized company in the EDM (Electric Dance Music) scene that has pioneered gloving and helped push the EDM world mainstream.

I love this interview because it’s a great example of how someone can successfully make the leap from the corporate world to the entrepreneurial world.  But more importantly, Brian never had to live off of savings and eat ramen noodles to make his startup dream a reality (like many of us); instead, he built his company to profitability while working a corporate 9-5 job, and only made the leap once his company was able to pay him a full-time salary.

This interview provides a strong and important contrast to the interview we did last week with Anthony from Kitchen Cabinet Kings.  While Anthony was an expert in the kitchen cabinets vertical because he worked in the industry for 6 years before building his own company, Brian is deeply passionate about the EDM scene.  It’s an example of how someone who is not an expert can completely dominate an industry because he’s passionate about it.

Furthermore, while Anthony has steadily built his company throughout the past 3 years through hard work and steady growth, Brian jumped into a market opportunity at just the right time and has seen explosive growth.  It shows the massive potential of jumping into a hot market at just the right time with the right execution and work ethic.

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Drop-Shipping Interview: Anthony Saladino from Kitchen Cabinet Kings

Anthony from Kitchen Cabinet Kings

I had the opportunity to sit down with Anthony Saladino from Kitchen Cabinet Kings and speak to him about his million dollar drop-shipping business.  In this interview, Anthony talks about why he chose the kitchen cabinets vertical, how he built his site, how he found his drop-shipping partners, and how he drives traffic to his website.

I love this interview because Anthony went from a 9-5 job to now running his own business.  The best part is that because he has chosen to drop-ship, he keeps his costs and overhead very low, doesn’t need to hold inventory, and stays true to the lean-startup philosophy.

Anthony didn’t necessarily do anything special, he didn’t jump into a market opportunity at just the right time, and he’s not a genius engineer; instead, Anthony succeeded because of his hard work ethic, perseverance, and discipline to stick to what he knows and what he’s good at — something that you and I can really relate to.

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