Breaking the Pawn Shop Stigma: How One Entrepreneur Built a Thriving 4-Store Empire

14 Oct 2025 • 35 min • EN
35 min
00:00
35:38
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What happens when a rising corporate executive walks away from Amazon and The Honest Company to buy a pawn shop? You get one of the most fascinating entrepreneurial stories you'll hear this year. Dustin Bunnell joins us to pull back the curtain on an industry most people misunderstand. Far from the stereotype, modern pawn shops serve as crucial financial lifelines—providing $300 bridge loans to families in emergency situations and $75,000 cash flow solutions to small business owners who can't wait for bank approvals. In this eye-opening conversation, Dustin shares: Why 60% of Americans live paycheck to paycheck—regardless of income level How pawn shops actually work (spoiler: 90% of customers come back for their items) The truth about interest rates and why 4% per month isn't as crazy as it sounds Stories of retirees making thousands at thrift stores by finding hidden gold and jewelry His $30,000 education in counterfeit luxury goods (ouch!) How he's scaled from one store to four by becoming an expert in luxury watches, collectible art, and even cattle ranch loans The unexpected parallels between pawn shops and corporate factoring   Whether you're curious about alternative financial services, entrepreneurship, or just love hearing about people who bet on themselves and won, this conversation will change how you think about pawn shops—and maybe inspire you to take your own leap.   Guest Bio: Dustin Bunnell is a corporate operations executive turned pawnbroker entrepreneur. After nearly a decade at Target, Amazon, and The Honest Company, he pursued business ownership by entering the pawn industry. Today, he owns and operates four Jum-Pawn-It locations across California and Arizona. A father of four and self-described lucky husband, Dustin brings candid insights about entrepreneurship, risk-taking, and building freedom through business ownership.   Key Topics: Entrepreneurship & Career Transitions Alternative Financial Services Small Business Lending Luxury Goods & Collectibles Financial Literacy Risk & Business Ownership   Connect with Dustin: Website: www.JumPawnIt.com eBay Store: JumPawnIt (one of eBay's highest-rated sellers) Social Media: @JumPawnIt (all platforms) Locations: Southern California & Arizona (Lake Havasu, Bullhead City)

From "Mindful Millionaire with Leisa Peterson"

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