Thread: Product Idea
View Single Post
Old 03-02-08, 04:42 AM
  #5  
EvilV
Bicycling Gnome
 
Join Date: Apr 2006
Location: 55.0N 1.59W
Posts: 1,877
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Beware of getting into supplying 'quirky' parts Sammyboy. A business needs big turnover. A mate of mine set up an internet bike business about 18 months ago that has mushroomed into a very productive and financially successful enterprise. I could not believe how quickly it took off. He and a mate of his did it, his mate parceling up and sending out the stuff, while he financed the other guys personal home expenses until it got moving. It turns over a fortune now and they are driving top of the range BMWs in a little over a year. They very much stayed away from the 'quirky' stuff though. Turnover, turnover, turnover is where its at unless it is just a hobby.

http://www.highonbikes.com/Default.asp?cookiecheck=yes&
EvilV is offline