did the idea ever cross your mind?  RSS Feed

#1 2013-01-29 7:18pm

thewhitelarrybird
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did the idea ever cross your mind?

to open your own bike shop???? smile

im a senior in high school, have been buying and reselling bmx, road, mountain bikes for years. i have been working at a bike shop for almost 2 years now and the idea of opening my own shop keeps coming to mind.

so what are your thought on opening up a shop?
big_smile

Last edited by thewhitelarrybird (2013-01-29 7:35pm)

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#2 2013-01-29 7:32pm

thewhitelarrybird
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Re: did the idea ever cross your mind?

.

Last edited by thewhitelarrybird (2013-01-29 7:35pm)

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#3 2013-01-29 7:35pm

joey1320
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Re: did the idea ever cross your mind?

It has never crossed my mind, because I think it will turn from a hobby into a pita  but since you are so young, I will say start on a small scale. Buy the tools, supplies and equipment you need, make some business cards, FB page, and other marketing items. Have a place at your home -- garage, basement, spare room -- and convert it into a respectable work area. By this I mean that just because you have tools, it doesn't mean it's a shop. You need to set it up properlly so when you have customers visit you, they are not going to question wether or not they should spend their money their.

Start by fixing your friends bikes and have them tell their friends. I take it you are still in hs, so pass the business cards and spread the word. Make some decals and put them on every bike possible (owner approved first lol) and just get people around your area to knwo to come to you.

Once you have a customer base, then keep putting some income back into the business wink

Last edited by joey1320 (2013-01-29 7:36pm)


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#4 2013-01-29 7:36pm

Roy Munson
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Re: did the idea ever cross your mind?

Find a trade


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#5 2013-01-29 7:37pm

joey1320
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Re: did the idea ever cross your mind?

Roy Munson wrote:

Find a trade

If you don't mind my asking, what exactly are you recommending?


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#6 2013-01-29 7:38pm

Roy Munson
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Re: did the idea ever cross your mind?

a skill that pays


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#7 2013-01-29 7:39pm

henry@ecbmx
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Re: did the idea ever cross your mind?

Yup.  It crossed my mind quite a bit. I opened up back in 2005 and it's been the best time of my life.

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#8 2013-01-29 7:39pm

thewhitelarrybird
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Re: did the idea ever cross your mind?

joey1320 wrote:

It has never crossed my mind, because I think it will turn from a hobby into a pita  but since you are so young, I will say start on a small scale. Buy the tools, supplies and equipment you need, make some business cards, FB page, and other marketing items. Have a place at your home -- garage, basement, spare room -- and convert it into a respectable work area. By this I mean that just because you have tools, it doesn't mean it's a shop. You need to set it up properlly so when you have customers visit you, they are not going to question wether or not they should spend their money their.

Start by fixing your friends bikes and have them tell their friends. I take it you are still in hs, so pass the business cards and spread the word. Make some decals and put them on every bike possible (owner approved first lol) and just get people around your area to knwo to come to you.

Once you have a customer base, then keep putting some income back into the business wink

i already have most of the tools needed, during the summer i have a steady flow if selling mountain bike and road bikes on cl, most of the teachers in my school dont ride bikes roll  my school is full of gang banging students so they might rob me before help me lol
i do a lot of bike repairs for a few local resellers.

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#9 2013-01-29 7:44pm

Joey a
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Re: did the idea ever cross your mind?

People who were good working on bikes tend to get into skill based trades. Motorcycle,Auto mechanic,welders,cnc operators,construction(Tons of things in that field) etc


Hands on skills





If you learn how to weld, you can even learn how to build you own bikes from hand. Its a great skill to learn, if you dream of being a artisan bike builder.
http://www.chicagobusiness.com/article/ … e-movement

All the American made bikes tend to carry a artists touch to them.

Again these people do it all painting,welding,math,mechanics etc

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#10 2013-01-29 7:44pm

thewhitelarrybird
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Re: did the idea ever cross your mind?

Roy Munson wrote:

Find a trade

from middle school to two years ago i wanted to go to trade school for auto mechanics but lately i have been dreaming of the idea of opening my own shop.
as of right now the auto mechanics is a fall back if the bike shop idea fails

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#11 2013-01-29 7:46pm

joey1320
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Re: did the idea ever cross your mind?

Roy Munson wrote:

a skill that pays

Good luck with that... For every skill trade job opening, there are 4-5 people applying. 
It's not the 60-70's anymore where a trade got you a "middle class" lifestyle.

You're 17 and making some money off of a hobby. Keep doing it and while working at the bike shop you work at, learn as much as possible regarding the business side of it.  Stay in school. Stay in school. STAY in school. Get your ass to college and get an education and for your benefit, don't think of just earning a living off a trade. Yes, it's good to know how to things, i.e. auto mechanics, home remodeling/repairs and such, but you DON'T want to do that for a living...


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#12 2013-01-29 7:46pm

Joey a
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Re: did the idea ever cross your mind?

thewhitelarrybird wrote:

joey1320 wrote:

It has never crossed my mind, because I think it will turn from a hobby into a pita  but since you are so young, I will say start on a small scale. Buy the tools, supplies and equipment you need, make some business cards, FB page, and other marketing items. Have a place at your home -- garage, basement, spare room -- and convert it into a respectable work area. By this I mean that just because you have tools, it doesn't mean it's a shop. You need to set it up properlly so when you have customers visit you, they are not going to question wether or not they should spend their money their.

Start by fixing your friends bikes and have them tell their friends. I take it you are still in hs, so pass the business cards and spread the word. Make some decals and put them on every bike possible (owner approved first lol) and just get people around your area to knwo to come to you.

Once you have a customer base, then keep putting some income back into the business wink

i already have most of the tools needed, during the summer i have a steady flow if selling mountain bike and road bikes on cl, most of the teachers in my school dont ride bikes roll  my school is full of gang banging students so they might rob me before help me lol
i do a lot of bike repairs for a few local resellers.

Hes saying if you can setup a shop if you have a garage or some kind of space with a work bench/stand along with having the tools hung out nice on the wall. Pretty much creating "your little shop." Print out fliers and cards on your computer with thick paper. People will like that. Just to get into a professional mind set if something like that is your goal.

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#13 2013-01-29 7:51pm

Joey a
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Re: did the idea ever cross your mind?

joey1320 wrote:

Roy Munson wrote:

a skill that pays

Good luck with that... For every skill trade job opening, there are 4-5 people applying. 
It's not the 60-70's anymore where a trade got you a "middle class" lifestyle.

You're 17 and making some money off of a hobby. Keep doing it and while working at the bike shop you work at, learn as much as possible regarding the business side of it.  Stay in school. Stay in school. STAY in school. Get your ass to college and get an education and for your benefit, don't think of just earning a living off a trade. Yes, it's good to know how to things, i.e. auto mechanics, home remodeling/repairs and such, but you DON'T want to do that for a living...

Thats a very ignorant thing for you to say.

Most of my friends are in trades making college level money. I live in chicago and some people with degrees are not being hired because they stayed in school when a good job came there way. Again it depends on YOUR SITUATION. It also depends what level of pay and what type of job comes your way. Stay in school if you do not like doing hands on work. If you like doing hands on work get into a trade, you can make money off the people who do not know how to take care of themself.


Trades are not for anyone

but if you want to kill your self sitting in front of a computer all day, in a cubical like in office space...

Then a skill based trade is for you.

You cannot learn everything from a book

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#14 2013-01-29 8:05pm

joey1320
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Re: did the idea ever cross your mind?

Joey a wrote:

Thats a very ignorant thing for you to say.

Most of my friends are in trades making college level money. I live in chicago and some people with degrees are not being hired because they stayed in school when a good job came there way. Again it depends on YOUR SITUATION. It also depends what level of pay and what type of job comes your way. Stay in school if you do not like doing hands on work. If you like doing hands on work get into a trade, you can make money off the people who do not know how to take care of themself.


Trades are not for anyone

but if you want to kill your self sitting in front of a computer all day, in a cubical like in office space...

Then a skill based trade is for you.

You cannot learn everything from a book

You are completely correct that it all depends on the specific situation but you can't fault me for recommending the kid stays in school and gets a degree... Also I talk from experience; I'm in the automotive industry and I'm a Level 1 Trained/Certified BMW technician. I make a decent living but I wish I had stayed in college and gone for an engineering degree and design/built the cars, as opposed to the "grease monkey" fixing them for some unappreciative owner.

Like I said - STAY IN SCHOOL - STAY IN SCHOOL - STAY IN SCHOOL. If you like cars, then become an automotive engineer. It NEVER hurts to learn more from whatever hobby/trade you like.
smile


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#15 2013-01-29 8:09pm

bmxerpete
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Re: did the idea ever cross your mind?

The idea crosses my mind all the time.

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#16 2013-01-29 8:11pm

perront
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Re: did the idea ever cross your mind?

I'm no expert, and I'm not going to be the one to discourage you from following your dream because if it's in your heart, you should absolutely do it.  However, I will say that small bike shops are having one hell of a time staying in business these days.  If you're gonna go for it, make sure that, along with the mechanical and product expertise, you have a solid business plan as well as the financial capital that will allow you to stay in business while you wait, wait, and wait to turn that profit.  I wish you the very best of fortunes! cool

Last edited by perront (2013-01-29 8:12pm)


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#17 2013-01-29 8:24pm

jasvanek
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Re: did the idea ever cross your mind?

I admit it would be pretty cool. I've often thought it would be awesome to have my own shop and spend my days blissfully selling and working on bikes. So I don't want to sound discouraging about it. But I do know from experience when the hobby (whatever it is) turns into your job some of the fun gets sucked out of it.

I did computer repair for years and decided to start doing it as a business. The hours seemed to turn to drudgery and my customers often expected an awful lot for free. Eventually I gave it up as it became just another job. Although without any benefits.

If you can do it and keep the fun in it, do it. Just bear in mind that making a business run is quite different from doing what you enjoy. Still, if given the right circumstances, I would do it. Just don't leave yourself hung out without something to fall back on. Start in your spare time and build up to full time. And be sure to make time to enjoy some riding yourself.


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#18 2013-01-29 8:24pm

G33K
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Re: did the idea ever cross your mind?

Dude, I have 2 kids and an ex-wife, I would so open my bike shop, but previous bad decisions prevent me from doing so now. You are still young and have nothing to lose. I say go for it, however use your head. Find a bike line that sells well (even if you don't like it) to keep the shop open and to feed your real bike interests. Also don't be afraid to pair up with someone else who has the same interests, and maybe even capital. Keep in mind the one thing you can hold over online stores is service, if you have a good rapport with your customers, they will keep coming back even though the price online is cheaper. One thing I have learned in the service industry is ALWAYS return the product CLEAN. It does not matter if you turned one screw to correct an issue, but if it is clean and shiny when they get it back, they think it is like new (it is the perception that the customer got more than they paid for). Anyways, good luck!!


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#19 2013-01-29 8:33pm

Joey a
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Re: did the idea ever cross your mind?

joey1320 wrote:

Joey a wrote:

Thats a very ignorant thing for you to say.

Most of my friends are in trades making college level money. I live in chicago and some people with degrees are not being hired because they stayed in school when a good job came there way. Again it depends on YOUR SITUATION. It also depends what level of pay and what type of job comes your way. Stay in school if you do not like doing hands on work. If you like doing hands on work get into a trade, you can make money off the people who do not know how to take care of themself.


Trades are not for anyone

but if you want to kill your self sitting in front of a computer all day, in a cubical like in office space...

Then a skill based trade is for you.

You cannot learn everything from a book

You are completely correct that it all depends on the specific situation but you can't fault me for recommending the kid stays in school and gets a degree... Also I talk from experience; I'm in the automotive industry and I'm a Level 1 Trained/Certified BMW technician. I make a decent living but I wish I had stayed in college and gone for an engineering degree and design/built the cars, as opposed to the "grease monkey" fixing them for some unappreciative owner.

Like I said - STAY IN SCHOOL - STAY IN SCHOOL - STAY IN SCHOOL. If you like cars, then become an automotive engineer. It NEVER hurts to learn more from whatever hobby/trade you like.
smile

Ive been into cars but just went for construction, a friend of mine who is also into cars became a engineer. He really thought it would be a great job but they are broken down groups like us. He designs seats all day long, someone else designs another part etc etc...He said its boring and it takes the fun out of being creative. After all you are working for a company. You must build what they want, not what you want.

Again it all depends on were,what your doing and who you are working for.

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#20 2013-01-29 8:37pm

Joey a
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Re: did the idea ever cross your mind?

joey1320 wrote:

Joey a wrote:

Thats a very ignorant thing for you to say.

Most of my friends are in trades making college level money. I live in chicago and some people with degrees are not being hired because they stayed in school when a good job came there way. Again it depends on YOUR SITUATION. It also depends what level of pay and what type of job comes your way. Stay in school if you do not like doing hands on work. If you like doing hands on work get into a trade, you can make money off the people who do not know how to take care of themself.


Trades are not for anyone

but if you want to kill your self sitting in front of a computer all day, in a cubical like in office space...

Then a skill based trade is for you.

You cannot learn everything from a book

You are completely correct that it all depends on the specific situation but you can't fault me for recommending the kid stays in school and gets a degree... Also I talk from experience; I'm in the automotive industry and I'm a Level 1 Trained/Certified BMW technician. I make a decent living but I wish I had stayed in college and gone for an engineering degree and design/built the cars, as opposed to the "grease monkey" fixing them for some unappreciative owner.

Like I said - STAY IN SCHOOL - STAY IN SCHOOL - STAY IN SCHOOL. If you like cars, then become an automotive engineer. It NEVER hurts to learn more from whatever hobby/trade you like.
smile

I agree:)

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#21 2013-01-29 8:38pm

cat-walk
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Re: did the idea ever cross your mind?

joey1320 wrote:

Roy Munson wrote:

Find a trade

If you don't mind my asking, what exactly are you recommending?

finding a real job. With the amount of people that have their own tools and do-it-your-self videos ALL over the internet + websites like Danscomp, i hate to say this but, bike shops are dwindling in numbers. My own local bike shop has lost so much business to dans comp in the past few years now.

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#22 2013-01-29 10:09pm

squirrelsmith
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Re: did the idea ever cross your mind?

how does being broke sound to you?

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#23 2013-01-30 3:03am

BmxRider420
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Re: did the idea ever cross your mind?

squirrelsmith wrote:

how does being broke sound to you?

Especially in the north east. Remember you are only busy April through July. By August repairs and sales slow little by little each week. Then the kids go back to school and it really slows down. Then you can pay all the same bills as summer but add heat & little to no income to the mix.

If you really wanted to do it. I would reccomend moveing somewhere like southern CA or Fl or a warm aera year round.

Last edited by BmxRider420 (2013-01-30 3:09am)


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#24 2013-01-30 3:53am

Roy Munson
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Re: did the idea ever cross your mind?

Bike and mower(lawn equipment repairs) wouldnt be to bad. You might stay busy


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#25 2013-01-30 3:56am

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Re: did the idea ever cross your mind?

Roy Munson wrote:

a skill that pays

Yup, or go to college and for something that pays well-not something you can just pass and get through the 4 years.


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