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 sbrtoy

I would highly recommend starting it out of your home in your spare time. As others have mentioned this is the safest way to go. I have two local dealers here in Colorado who have very nice showrooms in their homes which allows them to spend money on inventory instead of rent, you can find both on the web, not sure if they will give you any advice but worth a try.

BTW, even the hardest 2 channel guys are moving to HT as custom installs are the highest profit of all and often the client is not fussy about components or budget.