entrepreneur profiles: Andrew Waites

Andrew Waites is an entrepreneur and innovator. He is the founder and president of several companies. In 1998 he founded Inventory Procurement Services, LLC, which brokers more than $100,000,000 in retail merchandise. IPS has grown into a premier wholesale supplier for several large retailers. In 2000, Andrew founded eValueville, Inc. and was identified as the “Henry Ford of eBay” by Adam Cohen in his book The Perfect Store, Inside eBay. Through eValueville, Inc.  Andrew pioneered the 1st large scale online liquidation business model.  Recently, in 2006 Andrew’s the latest venture, Waites Sensor Technology, LLC was formed after reading an article in the WSJ about a revolutionary wireless technology. Working with teams in Scotland, Taiwan and the US during the last two years to develop the sensors, the company is preparing for beta testing with several Fortune 500 companies. WST’s wireless sensor launch is slated for 2007.

Waites and his companies have been noted in the Wall Street Journal, Business Week Magazine, The New York Times, Woman’s Day, featured in Success Magazine and numerous online reporting venues.

He is married to Laura, wife of 17 years, and has three children, Logan Leigh, Lillian, and Troy. He serves on the local boards of the Boy Scouts of America, The Salvation Army, and the Boys and Girls Club of America. Waites earned his MBA degree from Regent University in 1992 and was named to the School of Global Leadership & Entrepreneurship’s inaugural Alumni Hall of Distinction in 2007.


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