Ste Staley's video: Entrepreneur Life Vlog: Losing Everything - 12 Million Dollars USD 9 5 Million Pounds GBP

My first business was Valued at £9.5m GBP ($12.3m USD) in Q3 2016 shipping as many as 7,500 items a day at peak. Sadly personal tragedy struck in May 2017 which started a fast downfall and ultimately led to the end of the company. I lost everything including going into £385,000 of personal debt. I had to sell everything i had, even my clothes just to try and not go bankrupt. Stephen was the founder and owner of GameSeek (Earth's Greatest GameStore) and UK's Largest Independent Marketplace with over 1000 retailers. It was the specialist retailer of Video Gaming and Toy products. GameSeek became most important Video Games Company in the UK after GAME; built by Stephen Staley with £53 in his pocket; launching soon after he left university in 2002. By 2013 the company was on a massive upward trajectory and with the closure of Play.com, Stephen jumped on the first plane to Jersey and bought automated packing machinery worth £1m GBP including 2x iPAC B+ Machines, 2x Dexion Paternosters and more; including a PKK Machine able to pack 1,200 Video Games an hour. In the same year the business moved into what eventually became a state of the art 20,000 Sq Ft HQ in Winsford, Cheshire. Stephens vision was to make one of the biggest marketplaces in the world by building and linking together a further 7 e-commerce websites selling collectively everything; but each one specialised and leading its own sector. All 8 marketplaces would be joined via SAAS Marketplace Platform‎ Mirakl that had already been purchased. It would of been a unique and special offering for global retailers that will now unfortunately not come to fruition. GameSeek proudly put the customer first for years, smashing Amazons pricing on new releases by as much as £10 per unit; famously selling the Nintendo Switch at launch for £198.50 and being the goto place for a massive community of loyal Video Gamers; amassing over 3 million customers during its lifetime with zero outside investment. Let’s connect: YT: https://www.youtube.com/stestaley FB: https://www.facebook.com/stestaley TW: https://twitter.com/stestaley IG: https://www.instagram.com/stestaley Email: ask@stestaley.com –––––––––––––––––––––––––––––– Audio: By Fredji and JayJen Fredji Soundcloud: https://soundcloud.com/fredjimusic Facebook: https://www.facebook.com/fredjimusic JayJen Soundcloud: https://soundcloud.com/jayjenmusic Facebook: https://www.facebook.com/jayjenmusic –––––––––––––––––––––––––––––– In video links and references are provided where possible. If you believe I have forgotten to attribute anything, please let me know so I can add it. Apologies if I have missed anything out. Errors and omissions excepted.