Canuck Audio Mart Hifi and Audio ForumCanuck Audio Mart Hifi and Audio Forum
It is currently Thu Jul 19, 2018 9:07 pm

All times are UTC - 8 hours




Post new topic Reply to topic  [ 51 posts ]  Go to page 1, 2, 3, 4  Next
Author Message
 Post subject: starting an audio store
PostPosted: Tue Aug 28, 2007 11:32 am 
Offline

Joined: Tue Jul 31, 2007 10:32 am
Posts: 391
Location: woodstock, VA, US
How do I find distributors. I want to do high end, mid, and vintage. I know how to get vintage. last night i got an electronics tech. the money i'm going to use is my inheretance. I dont care if the distrbutors are canadian or u.s.
I know that if i just sell its going to be hard if i dont do home theatre. i live a little bit from d.c. there is money here. there is a ski resort with very many houses that city people live in.
i want to try very bad.


Top
 Profile  
Reply with quote  
 Post subject:
PostPosted: Tue Aug 28, 2007 11:59 am 
Offline

Joined: Thu Feb 08, 2007 9:45 am
Posts: 1243
Location: Burlington, ON, CA
Many have lost their inheritance trying to start a business. It's great that this is your hobby, but it takes a special skill set to succeed as a seller (especially a degree of ruthlessness!). I think there's better ways to invest your inheritance, and you can use the windfall to enjoy your hobby.


Top
 Profile  
Reply with quote  
 Post subject:
PostPosted: Tue Aug 28, 2007 12:02 pm 
Offline

Joined: Sat Nov 27, 2004 1:16 pm
Posts: 2184
Location: Terrace, BC, CA
You're so right hollinger.
It's a tough business to start, let alone succeed at!
Perhaps some of cam's dealers can chime in........


Top
 Profile  
Reply with quote  
PostPosted: Tue Aug 28, 2007 12:09 pm 
Offline
User avatar

Joined: Fri Jun 17, 2005 6:59 pm
Posts: 3283
Location: GVRD, BC, CA
whistlepig 59 wrote:
i want to try very bad.


Do you have any business experience? My observation from almost 40 years of watching the audio business is, enthusiastic audiophiles generally make terrible businessmen. It's like a Chef who cooks for his ego, bankrupsy follows quickly. You have to cook for your customers. Same thing applies to any business.

Always remember this when looking at any business idea. People are generally lazy bastards. If it was easy, everybody would be doing it.

_________________
Always keep an edge on your knife, son
Always keep an edge on your knife
Cuz a good sharp edge
Is a man's best hedge
Against the vague uncertainies of life
Corb Lund


Top
 Profile  
Reply with quote  
 Post subject:
PostPosted: Tue Aug 28, 2007 12:10 pm 
Offline

Joined: Tue Jul 31, 2007 10:32 am
Posts: 391
Location: woodstock, VA, US
i just got a speaker manu. to stock me. im very ruthless with money. i can invest in other interest and use the income from that to keep the store going. plus im disabled so i get a steady income.


Top
 Profile  
Reply with quote  
 Post subject:
PostPosted: Tue Aug 28, 2007 12:14 pm 
Offline

Joined: Tue Jul 31, 2007 10:32 am
Posts: 391
Location: woodstock, VA, US
yes i was an electrical contractor out of high school. plus i built and sold speakers years ago. so yes i am going into this with my eyes open. there are things as getting a loan co. to set up payment plans. there are other things to do. but you have to get them in the door.


Top
 Profile  
Reply with quote  
 Post subject:
PostPosted: Tue Aug 28, 2007 12:23 pm 
Offline

Joined: Fri May 13, 2005 7:25 pm
Posts: 1841
Location: Prince George, BC, CA
you might want to check out some night school business courses. just a thought.

_________________
to me playing music .. even though badly recorded
is better than owning the best stereo on the planet
but it is nice to dream ..


Top
 Profile  
Reply with quote  
 Post subject:
PostPosted: Tue Aug 28, 2007 2:08 pm 
Offline
User avatar

Joined: Tue Dec 14, 2004 7:05 pm
Posts: 1203
Location: Ottawa, ON, CA
Welcome to the 2nd toughest business on earth!


Top
 Profile  
Reply with quote  
 Post subject:
PostPosted: Tue Aug 28, 2007 2:19 pm 
Offline

Joined: Tue Jul 31, 2007 10:32 am
Posts: 391
Location: woodstock, VA, US
whats the 1st? do you have anysuggestions on getting distributors or manufactures to let me carry their lines?


Top
 Profile  
Reply with quote  
 Post subject:
PostPosted: Tue Aug 28, 2007 2:33 pm 
Offline
Moderator
User avatar

Joined: Thu Jan 20, 2005 9:09 pm
Posts: 2747
Location: Delta, BC, CA
whistlepig 59 wrote:
whats the 1st?


Pleasing your Spouse?


Top
 Profile  
Reply with quote  
 Post subject:
PostPosted: Tue Aug 28, 2007 2:41 pm 
Offline

Joined: Fri May 13, 2005 12:31 pm
Posts: 552
Location: North York, ON, CA
I'm no business man by any streach but I'm excited to hear of some one who wants to open an audio store as oppose to hearing about others going out of business :(

whistlepig 59 is asking for our help!

Maybe as a group, we can make it happen :!:

Lets hear some ideas :idea:


Top
 Profile  
Reply with quote  
 Post subject:
PostPosted: Tue Aug 28, 2007 2:49 pm 
Offline
User avatar

Joined: Mon Mar 28, 2005 11:20 am
Posts: 3721
Location: Burlington, ON, CA
Start small and invest a little at a time. Starting any business is risky and full of unpredictable events that nip away at you.

Or you could just go out in your backyard, throw a bowling ball up in the air and catch it in your teeth. Easier and probably less painful path to same result. :roll:

_________________
Fallout....it's inevitable


Top
 Profile  
Reply with quote  
 Post subject:
PostPosted: Tue Aug 28, 2007 2:53 pm 
Offline
User avatar

Joined: Tue Dec 14, 2004 7:05 pm
Posts: 1203
Location: Ottawa, ON, CA
Make a small store in a good neighbourhood with low rent and great walk-by, free parking and lots of houses nearby. Get the best brands from the best distributors. Carry the best models of the lines. Set up the store in a modern uncluttered way. Have a great listening room. Be nice to people. Put together great sounding systems based on years of knowledge gained from experimenting. Pray somebody wants to buy what you're selling. Find a good therapist who specializes in retail burnout. Make daily offerings to the God Who Punishes Low-ballers. Then you have about a 50% chance of making money :-)


Top
 Profile  
Reply with quote  
 Post subject:
PostPosted: Tue Aug 28, 2007 3:01 pm 
Offline
User avatar

Joined: Thu Nov 11, 2004 8:44 am
Posts: 1404
Location: Hamilton, ON, CA
Yaukui, Gunnar, and Finski have painted the broad strokes so well. The rest is in the details.

Pounding a nail into your head might be less painful than launching an audio store.

_________________
A village can't organize village life to suit the village idiot.


Top
 Profile  
Reply with quote  
 Post subject:
PostPosted: Tue Aug 28, 2007 3:12 pm 
Offline

Joined: Tue Jul 31, 2007 10:32 am
Posts: 391
Location: woodstock, VA, US
i just became a dealer for a speaker manufacturer. i also just sold my rotel reciever. i want to thank you guys for your help and advice. i hope i have enough sense to have everything in order when i start. i hate suprises. there is one good thing when im not selling ill be able to listen to nice equipment. oh what a pleasure.


Top
 Profile  
Reply with quote  
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 51 posts ]  Go to page 1, 2, 3, 4  Next

All times are UTC - 8 hours


Who is online

Users browsing this forum: No registered users and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
Powered by phpBB® Forum Software © phpBB Group