2. misc-audio
  3. 1151275167

Starting a high-end audio shop... Am I crazy?

In my mid 40's reaching that mid-life crisis, which is not a myth. Many of my friends are leaving good jobs to start all kinds of wacky businesses. I am actually thinking of giving up a $120,000 yr job and starting a high-end audio retail biz - both online and hopefully later on a brick & mortar store. Have 20 years experience in sales and marketing, and/or design of software, electronics, multimedia, video and financial products including a few years in music retail and production.

Who can share their experience, or advice? Is the markup, distribution, etc of high end electronics similar to that of regular electronics? Any sources of info or pointers, tips, horror stories etc are appreciated.
gdoodle

Showing 1 response by mrtennis

mrtennis
3,295 posts
 
given the sales of used equipment on the internet, transhipping and the consumer's goal of getting a discount when purchasing components, you are taking a big risk in retail.

in addition, there are many manufacturers who are selling direct. they are your competitors along with other dealers.
More to discover