Paperwallet

How I've Sold Over 100K Wallets On Kickstarter

March 29th, 2019
Elad
Founder, Paperwallet
$556K
revenue/mo
1
Founders
0
Employees
Paperwallet
from New York, New York, USA
started July 2007
$555,555
revenue/mo
1
Founders
0
Employees
market size
$17.9B
avg revenue (monthly)
$140K
starting costs
$13.7K
gross margin
45%
time to build
120 days
average product price
$47
growth channels
Word of mouth
business model
content-library
best tools
Shopify, YotPo, Reddit
time investment
Full time
pros & cons
35 Pros & Cons
tips
7 Tips
Discover what tools recommends to grow your business!
platform
reviews
analytics
other
Discover what books Elad recommends to grow your business!
Want more updates on Paperwallet? Check out these stories:

Hello! Who are you and what business did you start?

I’m Elad Burko, the founder and CEO of Paperwallet.

I created the company back in 2007 out of a love for art and innovative product design. We create artist-designed minimalistic wallets and other accessories for men and women out of Tyvek, a smart material made in part from materials.

Before launching the company, I realized how difficult it is for most artists to make a living just on their art. So I created Paperwallet, to give them the ability to do just that. Each of our wallets features a limited-edition design by different international artists. In addition to creating cool wallets, we’re also giving artists a platform to earn a living doing what they love, and get there designs the attention they deserve.

In terms of product design, my mission when starting Paperwallet was to create something unique that would fuse design and functionality. Essentially, I wanted to make an alternative to the boring and dated black/brown leather wallets-- without sacrificing convenience.

The Slim...

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