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 taters

I know 2 dealers that cater to 2 channel only. One of the dealers comes from a wealthy family so whether he makes money or not doesn't matter to him. The other dealer recently told me that if it wasn't for 1 great customer he has he would close up tomorrow. I say keep your job and dabble on the side that is my advice.