this post was submitted on 02 Dec 2024
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I started a bike fabrication company with my friend. We're about to move into our new shop space. No idea if this is going to work out but we both agree that we'd rather fail than wonder if we could've pulled it off.
As a bike commuter since 2010ish fuck yeah boys
Yeah I'm pumped and also terrified. My friend (I guess business partner now) and I are currently making a bunch of plans and I just keep remembering the Mike Tyson quote: "everyone has a plan until they get punched in the mouth".
My 2 cents: that planning is key, having a plan B, and also have mapped out what your absolute minimum that you need to keep going. Xcel is your friend.
My industry is apart from yours, but I've been through some shit (opening restaurants as well as opening our own 4 months before COVID hit). Feel free to DM me. Good luck!
Thanks. We've been making spreadsheets already to try to figure out costs, potential profits, pricing, etc.
Weirdly enough, the ultimate backup plan is to make jewelry since a lot of the tools for making brazed steel bikes is the same as for working on jewelry. My friend and I have dabbled in jewelry as a hobby so we figure we can at least make the shop rental pay for itself with some jewelry sales if the bike business is a total flop. We definitely want to make the bike thing work though.
That's so cool, best of luck to you!