# data[].attributes.headline
1995-How they started their entrepreneurship career

# data[].attributes.subject
1995-How they started their entrepreneurship career

# data[].attributes.body
Factor: Entrepreneurship

Steve Conine and Niraj Shah started their first business during a entrepreneurship course in college, the business would help manage phone lines for companies during the early stages of the internet.  They worked 100 hour weeks and used their living room as an office with a couple of computers.

# data[].attributes.body
Factor: Labor

During the time of their first ever business called spinners, they had hired around 40 employees that were there to help manage the phone lines. For the first couple years of this company the two were the only ones working on this company until they lost their biggest client and sold the business.

# data[].attributes.headline
2002-New E-Commerce business ran from home

# data[].attributes.subject
2002-New E-Commerce business ran from home

# data[].attributes.body
Factor: Land

While they were still living together in their 30s they decided to start looking in to internet business ideas because they thought that would be the next best thing. They realized that consumers could just go online and search for whatever they wanted to buy. So They thought about buying small e-commerce companies and growing them to be big. Later they launched a website that sold TVs and speaker stands in 2002. They were doing this all our of their home which was the only land they had talked about during the podcast.

# data[].attributes.body
Factor: Capital

They found out that they could pretty much sell anything online that people were interested and grew a bunch of online e commerce websites. Like tv stand, barstool, and grandfather clocks all these separate business combined were called CSN stores. They used the profits from CSN stores and re invested them into the company building more stores. In 2003, it added patio and garden goods suppliers, three online stores, and more than a dozen employees, and moved its headquarters to an office on Newbury Street in Boston.Over the next two years, it expanded its catalog to include home decor, office, institutional and dining furniture and materials; home improvement goods. In 2006, it had $100 million in sales.

# data[].attributes.body
Factors: Capital

The company expanded in the United States and into many international markets. In 2008 CSN Stores began shipping to Canada and selling in the United Kingdom and opened a London office. The Boston journal ranked it the 1 fastest growing private e commerce company in Massachusetts and the 4th fastest-growing private company overall. In 2009 it expanded to Germany and in 2010 it relocated its headquarters to 177 Huntington Avenue, where they owned 10 floors.

# data[].attributes.body
Factor: Entrepreneurship

In 2011 Shah and Conine rebranded CSN Stores as Wayfair and the name was picked by a branding company. wayfair.com launched on September 1, 2011, and by July 2012, it had combined all of its websites into wayfair.com. Wayfair continued to expand and grow the company.

# data[].attributes.body
Factor: Labor

On February 13, 2020, the company announced a layoff of 550 employees which was about three percent of their world wide employees. The headquarters in Boston accounted for 350 of those employees let go.

# data[].attributes.body
The company Wayfair has scaled their business to a whopping 6.45 billion dollars, after it was started from a living room with two hard working friends. Now the company brings in around 12 billion dollars in revenue per year.