Kevin Blackburn and Kylie Thomas, both 33 and from Scunthorpe, decided to start a ‘family challenge’ where they tasked each other with spending £10 and making the most profit
Image: Full implementation system)
Kevin Blackburn and Kylie Thomas, both 33 and from Scunthorpe, decided to start a ‘family challenge’ where they tasked each other with spending £10 and making the most money.
It was inspiring to see applicants on The Apprentice have to buy and sell as part of weekly challenges.
The couple have been together since the age of 17, starting to sell on eBay but quickly found that queuing at the Post Office every day was not an efficient way to work.
It was this issue that gave birth to the idea of their Business Fulfillment System in 2015.
Systemise Fulfillment is a warehouse and shipping operations business that handles Amazon FBA orders and eCommerce businesses.
Within a year, Kevin and Kylie had earned £130,000 and decided to quit to manage the business full time.
Kevin said: “We did a family challenge to spend £10 and turn it into a profit.
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“We went to the local charity shop and bought about eight used porcelain birds for £75 each and sold them on eBay for £8 to £12 each.
“This quickly turned our initial £10 investment into £60 to £70.
“It was like a lightbulb moment to us when we realized – if we could supply hundreds or thousands of these birds, we could make huge profits.”
Full implementation system)
Savvy entrepreneurs have also started buying popular Monsters Inc teddy bears from Tesco for £12.50 each and reselling them online for £28.
In the second month of buying and selling they made £15,000 and by Christmas that year had made £130,000.
Explaining how they have achieved their continued success, Kevin added: “We used insights from Amazon to analyze the volume of specific products being sold, their sales ratings, and other information. More information is available for each product listing.
“This allows us to make strategic decisions based on information already in the public domain.”
To date, the company has shipped more than two million units to partners and customers worldwide, expanding operations in the UK, Europe and the United States.
The business also has a total of 21 employees.
Kevin also started a YouTube channel in 2016, documenting their business success story and how they got to where they are now, which now has over 9,000 subscribers.
Kevin said: “The ultimate key to our success is belief in what we are trying to achieve.
“We do this for our family, we want a better life, a better work-life balance than we had in our previous careers.
“We wanted to be at home more with our little ones, not having to work overtime and weekends and this really changed our lives and our families for the better – it wasn’t just the financial gain. ”
https://www.mirror.co.uk/money/couple-who-started-business-just-26472095 Couple who started a business with just £10 say they made £130,000 in 12 months