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Starting a HiFi business
Starting a HiFi business
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Old 26th December 2004, 06:38 PM   #1
Kees is offline Kees  Netherlands
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Default Starting a HiFi business

I have been thinking of starting a HiFi business for many years. My background is electrical engineering, but for the last 5 years my job is selling electrical components to OEM’s.
With all the technical and commercial knowledge that I have now, I feel it should be possible to start a company , probably producing amplifiers or speakers.
I know some of the members here are having some kind of business, and of course, we all know Nelson Pass.

If possible I would like to hear about the experiences of the people here who started a HiFi company.
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Old 26th December 2004, 07:04 PM   #2
Jocko Homo is offline Jocko Homo  United States
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Default I was working on a reply, but.....

It was rather long, and it was swallowed in the void.

So.........send me an e-mail.......if you want to hear all the horror stories that I can dredge up.

If not.........then good luck and welcome to he fray!

Jocko
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Old 26th December 2004, 09:21 PM   #3
Kees is offline Kees  Netherlands
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Joko,

As a sales manager I also see starting companiess that fail. People who think that they will get rich easily.

On the other hand, most high end manufacturers are small.
Most of them will not be very proffesional.

Serious hifi is not rocket science. Technology will not be the problem.
The main challange will be funding, marketing and get it in the shops. In Europe CE can be managed quite easy.
In the USA, UL will be a pain. They are bureaucratic and cost you money for every audit they do.

Also producing at a decent price will be a challenge.
From what I know, a product that costs $100 to make, will cost $500 in the shop, as distributors and shops want to make money as well.

But I'm willing to learn from all the stories, so shoot...
My email: casejansen@hotmail.com

Thank you
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Old 13th June 2019, 02:05 PM   #4
TmaxExpander is offline TmaxExpander  United States
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Kees,
Did you start your hifi business and how is it doing? I am interested in doing the same and wonder if you will share your stories.
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Old 13th June 2019, 02:26 PM   #5
ttan98 is offline ttan98  Australia
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It is a sunset industry, not encouraged.
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Old 13th June 2019, 03:18 PM   #6
StewartH83 is offline StewartH83  England
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The amount of time wasters will put you off quickly, I'm guessing
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Old 13th June 2019, 04:27 PM   #7
JMFahey is online now JMFahey  Argentina
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Quote:
Originally Posted by TmaxExpander View Post
Kees,
Did you start your hifi business and how is it doing? I am interested in doing the same and wonder if you will share your stories.
Hope you noticed the thread is 15 years old.
Hope Kees succeeded, but in any case the game is completely different today.
And description was a bit vague ... what do you mean by " a Hi Fi Business"?
Manufacturing, reselling commercial products .... ?
Please describe your goals and means so as to be able to discuss properly.
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Design/make/service musical stuff in Buenos Aires, Argentina, since 1969.
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