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March 11, 2006
I received schooling today
With humble gratitude I learned a lesson today. That is that I have a lot to learn about the bike business. Especially the value of old bikes. What happens when I get a bike donated that is worth way more than I know? I agree to sell it to the next person who walks in the door that wants an inexpensive bike to ride.
I have a lot to learn about bicycle collecting. But I don't want to know about that. I just want to get people back on bikes, not hang bikes on the wall, though they look like art sometimes. So today I learned something. Collectors want the authentic thing, even if it's non-functional and they'll pay for it. But people who just want to ride don't really care if it's authentic parts or not, as long as it's safe and functional. It's still nice if it looks cool, but it better function.
I'm all for functional art that doesn't cost too much. If there is such a thing. I learned a lesson that I have to research bike and component values some though, so I have the basic bike business knowledge necessary to do this as a business.
Sometimes the best learning is by making mistakes, don't you think? I'm thankful for the friend who pointed out my error.
Posted by carl1236 at March 11, 2006 08:33 PM | Learning