Nathan Seidle from Sparkfun talks about the Beginning of the Company


I am sure most of you have heard about Sparkfun. They were the ones that had the huge giveaway earlier this year. Nathan Seidle created this 10 million per year company from some humble beginnings. It was funny to hear about the the process Nathan went through to get his merchant account. After he applied to get a merchant account and the company sent him a disposable camera as part of their fraud deterrent measures. This was to prove that he was a legitimate company. He needed to take pictures of his inventory, his shipping department and the outside of the business. So he took a few pictures of his bedroom and a shot of the door to his bedroom. 🙂 The merchant account was approved!

I think this video is a must watch for the entrepreneurial amongst us.