Inspiring Stories - Ryan Lee (XMI Founder)

An inspiring story by Ryan Lee the founder of XMI, the mini speaker.

 Like some of you, i saw these speakers around in the market some time back. But didnt know it was doing so well. He started the business with $30,000 loan from his brother and another $30,000 from his american express credit card in 2006.

In the first year, company profit was $800,000. And hit $4.5million in profit for the second year. And end 2009, company hit sales record of $13.5million.


http://www.channelnewsasia.com/eyeonbusiness/features/xmi.htm