teen builds successful online retail store from his parents basement

It’s the stories like this one that make me feel like an underachiever. Why aren’t I out there, trailblazing and creating innovative ways of making money?

If the shoe fits: 19-year-old found his calling and built an Internet retail success story from the basement of his parents’ home
— reported by Business First

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And yes, you read that correctly; Kubancik is only 19. But youth has never stopped him from reaching his goals.

At age 10, he began selling baseball cards on eBay on behalf of East End Sports Cards, earning $1 commission per card.

Although Kubancik didn’t pad his piggybank with the profits — most of his earnings were used to beef up his personal baseball card collection — he learned early on about the ins and outs of e-commerce.

His interest in Internet sales led to the formation of an online auction company, the Online Outpost, through which he sold items for other people on eBay.

He and fellow Atherton High School student Andy Estes ran the operation, and at one point, the two planned to open an eBay store after graduation.

But Kubancik shifted direction after deciding that the real opportunity is in the soft-goods market. He formed Street Moda in January 2005, during his senior year at Atherton, and was able to generate about $240,000 in sales that first year.

The company is on target to top that in 2006, with monthly sales ranging from $25,000 to $35,000. The rapid growth recently prompted Kubancik to move Street Moda out of the basement of his parents’ Jeffersontown home and into a 2,000-square-foot warehouse in Bluegrass Research and Industrial Park.

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Author: Paloma Cruz

Find out more about Paloma Cruz through the About page. Connect with her on Twitter (www.twitter.com/palomacruz) and (Facebook).

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