Bradley McLoughlin, Trading4U
The Trading4U founder on operating as a bedroom business, buying stock and the difficulty of forecasting sales.
This video offers small business advice from Bradley McLoughlin,
founder of Trading4u, an eBay trading firm. The company was started
from McLoughlin's bedroom during a sabbatical from his job as a
management accountant. This entrepreneur identified a lack of
competition in the trading market and his desire to become a
leading pioneer in the market means the company now operates out of
a warehouse with a 90% success rate.
Bradley McLouglin speaks of his experience with market research
and creating a business plan for the eBay business. He also
emphasises the importance of having an effective business model and
minimising advertising costs. The founder of Trading4u provides a
good example of how infrastructure can develop from delivering
products from the bedroom to running a business from a
1000ft2 office. The company is also expanding and will
begin serving in France, Germany and Spain later this year.