Chris Nolte
Well-Known Member
Thanks Marc! It's really our pleasure. Thank you for trusting us with your business.
@Dewey I saw this as well. It's really unfortunate, but I feel like I saw it coming when they introduced a half baked product several years ago at Eurobike. It's a really challenging business and frankly, I don't trust most new entrants, especially when they try to do too much. A wise friend of mine in the HVAC business who is also a Harvard MBA grad told me about how when Air Conditioners were first introduced there were about 30 companies. Now there are 8. He told me to try and partner with those that will be part of that <30% which will be here in the future. It's not always so easy to do, but it seems to be becoming clearer. I like the idea of working with private companies as this market can be a bit unpredictable and they won't be too influenced by the fluctuations in their P&L because they have a long term strategy and a clear vision. I actually might do a video at some point about this and the volatility of the market. I think it's an unfortunate reality and something most might not be so aware of when focusing on specs and marketing propositions.
@Dewey I saw this as well. It's really unfortunate, but I feel like I saw it coming when they introduced a half baked product several years ago at Eurobike. It's a really challenging business and frankly, I don't trust most new entrants, especially when they try to do too much. A wise friend of mine in the HVAC business who is also a Harvard MBA grad told me about how when Air Conditioners were first introduced there were about 30 companies. Now there are 8. He told me to try and partner with those that will be part of that <30% which will be here in the future. It's not always so easy to do, but it seems to be becoming clearer. I like the idea of working with private companies as this market can be a bit unpredictable and they won't be too influenced by the fluctuations in their P&L because they have a long term strategy and a clear vision. I actually might do a video at some point about this and the volatility of the market. I think it's an unfortunate reality and something most might not be so aware of when focusing on specs and marketing propositions.