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HelicopterMain Discussion › Starting a hobby web business, advice wanted!
09-10-2007 09:14 PM  10 years agoPost 1
RunNoob

rrNovice

Canada

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I love RC's, I had my first RC10 probably 15 years ago.

The first thing I will admit too is that I am by no means a guru in the field of RC's.

I am just starting to get into flight (just bought a starter plane, align 600 electric should be my next purchase!).

I am into ecommerce as a profession, and thought why not combine the two passions? The only problem is the RC passion is pretty much at a beginner level, could I pull this off you think?

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09-10-2007 09:23 PM  10 years agoPost 2
R0XoRiZoR

rrVeteran

Austin, Texas - US

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Sure... your off to a good start... asking those hobbiests for their opinions is a good thing.

Listen to your customer base, and you'll be fine :-)

Although... the hobby market is pretty tight...

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09-10-2007 09:33 PM  10 years agoPost 3
JAGNZ

rrProfessor

Auckland, New​Zealand

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I also own a successful e-commerce business myself. I looked into setting up an online hobby shop too but I found the margins to be so thin as to not be worth it to me. It would be strictly a lifestyle business I believe. If you can handle that then I say go for it!


Jason Greenwood

www.3dheli.co.nz

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09-10-2007 09:39 PM  10 years agoPost 4
RyanW

rrKey Veteran

Edmond, Oklahoma

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a quote from many business owners in this industry:

"the way you make a small fortune is to start with a large fortune"

-Ryan
Mikado USA, Kontronik, Opti-Power, MKS Servos

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09-10-2007 09:41 PM  10 years agoPost 5
tauscnc

rrKey Veteran

Joliet IL

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Starting a new business which you know very little to nothing about sounds like a bad idea to me. I have been in the hobby for 20 years and new stuff and things keep changing weekly. I would look heavily into what your getting yourself into before putting down some serious money. Having the business skills is one thing but you have to know the products out there too. Maybe reconsider in 6 months after learning more about "what people want," vendors, min. orders, etc.

Good luck,

taus

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09-10-2007 09:42 PM  10 years agoPost 6
RunNoob

rrNovice

Canada

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oh well I'm not THAT much of a newbie.

I've done quite a bit of research on that end....

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09-10-2007 10:11 PM  10 years agoPost 7
gullie667

rrVeteran

Brooklyn, NY

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You have to have a store front to buy form Hobbico and Horizon. So, if you don't have a store front you won't have any of the core ingredients as a base.

Helicopters - 1000 parts flying in formation.

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09-10-2007 10:25 PM  10 years agoPost 8
eyeflyhelis

rrElite Veteran

charlotte nc

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best advice is DONT DO IT!!
it takes way to much time and effort to start one from scratch and most companies wont drop ship unless you spend a lot of $$ with them.
at least thats what i found a few years ago when i looked into it

only you have the power to make no difference!

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09-10-2007 10:27 PM  10 years agoPost 9
RunNoob

rrNovice

Canada

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I'm not looking to get drop shipping...

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09-10-2007 10:33 PM  10 years agoPost 10
Salesmanheliboy

rrVeteran

Nashville, TN

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I owned a hobby shop about 20 years ago.

It was a great experience for me ant would not trade it for anything. Hear is what I took away from the endeavor:

1) Never have a partner that offers nothing additional to you.
2) Always produce a formal business plan.
3) Take similar business owners to lunch (don’t do this in the same area as you can compete with that person) and ask some questions.
4) If you do it as a fulltime job, have at least a years worth of income saved up just to live on.
5) Finally, there are lots of way’s to make lots of money and the retail hobby industry just isn’t one of them!

Good luck and remember the most effective way to end up with a million dollars in the hobby shop business is to start off with three million dollars.

Tim

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09-10-2007 10:45 PM  10 years agoPost 11
eyeflyhelis

rrElite Veteran

charlotte nc

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then they want to see a $10-50k inventory to give you the big discounts
sounds like a lot but its not really when you start stocking heli, car or plane kits

only you have the power to make no difference!

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09-10-2007 10:59 PM  10 years agoPost 12
RunNoob

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Canada

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yeah 50k isnt much...

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09-10-2007 11:02 PM  10 years agoPost 13
Nick Jones

rrKey Veteran

anderson

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whateva

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09-10-2007 11:08 PM  10 years agoPost 14
eyeflyhelis

rrElite Veteran

charlotte nc

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50K in brand new inventory isnt much inventory. nick your an idiot

only you have the power to make no difference!

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09-10-2007 11:10 PM  10 years agoPost 15
Nashville

rrElite Veteran

Formerly Music City​now back home in​Sunny Florida

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The best way to ruin a perfectly good hobby is to start doing it for money.

I was Spektrum when Spektrum wasn't cool

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09-10-2007 11:16 PM  10 years agoPost 16
RunNoob

rrNovice

Canada

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Like I said, I want to combine the technical skills with the fun I have with the hobby.

Not doing it ONLY for the hobby, but for sure I want money out of it. And if it doesn't have potential then I'd rather find another industry to pursue a career in and just buy my stuff from my LHS!

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09-10-2007 11:22 PM  10 years agoPost 17
eyeflyhelis

rrElite Veteran

charlotte nc

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run if you had 50K of inventory you would be extremely lucky to half 1/2 of what people wanted to buy. so look at those odds before thinking about it.
if you go to or call the LHS & they dont have a part how long does it take you to go online and order it?
takes me all of a few seconds after i hang up the phone.
then i always seem to buy more them what i need.

only you have the power to make no difference!

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09-10-2007 11:27 PM  10 years agoPost 18
RunNoob

rrNovice

Canada

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well it takes 4-5 days for me to get the product in stock, so I can get pretty much anything.

YES people who want their parts NOW will go somewhere else, but I mean there are different types of buyers and when starting small you can't satisfy everyone.

you have to balance things out, especially when small/new (and the pace which new kits come out).

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09-11-2007 05:17 AM  10 years agoPost 19
falcon447

rrApprentice

Overland Park KS​USA!

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RunNoob:

What would set your store store apart from all the others?

I mean this as help, I'm not throwing cold water on your idea.

Brian

Thanks to all the brave service people who serve our country!

Brian (ViperDraggs) Jones

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09-11-2007 06:04 AM  10 years agoPost 20
Furious Predator

rrProfessor

Kitchener, Ontario,​Canada

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could you maybe hire someone even part time to help you out with the technical stuff?

OR

what about store demos? i know a lot of hobby shops get a "store demo" to mess around with. this way you can get your hands on just about everything and get more experience.

also, a GOOD website helps. one that isn't cluttered and hard to navigate. something where if someone wants a specific part(s), they want to be able to find that part quick, and checkout quick, no screwing around.

i have givin up on ordering from some sites because i find it too cluttered and difficult to navigate. and i have also given up on others because of the hassles they create for shipping.

if you can keep lot of stuff in stock, keep good communication, and ship items asap, then i'm sure you will do very well.

Shawn
Team Leisure-Tech
Team HelixRC

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