Haugen, a mechanical engineer, and manager at computer parts manufacturing company sensed a business opportunity. To test the market, Haugen built a few dozen products in his garage and posted them on eBay in early 2009. Over the next three years he moved Stamp-n-Storage from his garage to a production and shipping facility in Hutchinson, Minn. using a $20,000 Small Business Administration loan and added new products, including specialized units for tape and ribbon and all-in-one kits for $209 to $514.
How a Father of 3 Built a Million-Dollar Business Around Craft Supplies
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