1. Business & Finance

27-Year-Old Master of Internet Business Shares Secrets of Success

From Mitchell York, About.com GuideJanuary 18, 2010

Jeff Morin

Jeff Morin is a Classic Small-Business Entrepreneur (CSBE). Here's how I define CSBE: someone who has deep knowledge of a market segment that is inefficient or poorly served and develops a way to correct the inefficiency -- preferably without too many competitors even noticing -- thus assuring higher-than-normal profit margins. That's Jeff and his Stafford, Va.-based business, Coins for Anything.

A brief background: Jeff is a 27-year-old former Marine sargeant who, at age 19, became interested in something called "challenge coins." If you're in the military, you know what challenge coins are. But most people don't. A challenge coin is a collectible coin that commemorates service in a particular military unit or mission. Jeff noticed that most of these coins were poorly designed and made and so he did what anyone would do at age 19 -- not! He borrowed $500 from his mother to start a business to design and make really nice challenge coins. Read more...

Comments
March 11, 2010 at 3:00 pm
(1) Randy James :

Another interesting entrepreneurship story. Those that know how to take advantage of the opportunities that are presented to them are the ones with the spirit and attitude to make things happen.

Thanks for sharing it!

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