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Subject:
Business Startup
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endercore
Joined: 02/18/07
Outdoorzy Adventurer
Lexington, KY
Posts: 156
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Posted: 10/25/07 2:56pm |
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wow sounds exciting times man... I go back and forth on owning my own business, its a huge commitment. If its what you want to do though man I'd say go for it, no use in sticking around doing something thats not fulfilling. I'd buy something from you if I ever went to Oregon. Which, I'd like to, i mean common Smith Rocks
if you want that rock guide job don't forget about our wfr course 
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nwoods
Joined: 05/07/07
Outdoorzy Adventurer
Posts: 81
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Posted: 10/25/07 4:40pm |
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Go for it guy!
We got to do what we love don't we, or whats the point?
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gonzobeer
Joined: 02/08/07
Outdoorzy Maniac
Louisville, KY
Posts: 254
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Posted: 11/22/07 11:06pm |
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Red Collar Climbing is slowing becoming a reality buddies. Getting alittle stoked here in Louisville guys.
Licentia Haud Vestigium
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flanderflop
Joined: 11/08/07
Outdoorzy Explorer
Louisville, KY
Posts: 11
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Posted: 11/23/07 10:23pm |
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For what it is worth, I just bought my own bike shop. I actually started out two years ago with an online store and really hammered on niche items that sell well on the web. I initially started out with a $600 inventory and commited myself to adding a certian amount of my own cash to inventory every month. About 6 months ago I stopped putting my own money in and am investing 100% of profits into growth. Eventually that became enough that I needed a brick and mortar, so we closed on the new building on wednesday. So no matter how it turns out, I know that the internet operations are turning enough to pay our mortgage on our building, so I come into it from a much safer position that someone who takes out a bunch of loans to buy inventory and starts off with a heap of debt and an unsure market.
This is without a doubt the slow way to go about it, I have yet to take a penny for myself, but I will be quitting my other job shortly and should be in business.
______________________________
Goose Creek Cycle
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wkumtrider
Joined: 10/02/06
Outdoorzy Maniac
Da Ville, KY
Posts: 359
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Posted: 11/24/07 4:06pm |
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I have ordered several items from Flanderflop's online site and I can say that his prices are very competitive. If you live in the Louisville area he delivers most items on his bike, which eliminates shipping costs. Pretty cool. Check it out.
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Wade
Joined: 07/23/06
Outdoorzy Original
Bowling Green, KY
Posts: 898
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Posted: 11/24/07 4:38pm |
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And the fact that flanderflop is delivering on his bike may be part of the appeal for some people. If there is competition in the market, then you have to set yourself apart somehow. If there is no competition in the market then you have to ask yourself... why? Have people tried and failed, or are there tough obstacles?
FundyGuy, if you need contacts let me know. I'm not to deep on the supply side, but I could at least get you a name and email address at a few companies to get you started.
I'm a lover, not a racer... --Wade
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