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Re: Some truth about investment and growthWell put. Our "two guy" gigs are done by the boss. We make money on them because he's salaried and not day rate or hourly. We also know that our name is the same regardless of the scale or scope of a gig. Messing up a club gig is just as negative as have a problem at an arena show. Having the boss do those shows keeps the quality up and makes an impression on the client. We've picked up a couple of decent long term accounts that way.Your last paragraph is spot on. A company needs to make enough to put back some funds for upgrades and as-yet unidentified expansion. And it's important to remember that capital equipment costs for a regional company have stayed pretty consistent over the last 25 years or so. If it took $350,000 to buy gear in 1988, it still does in 2012... but what we get for that money is vastly greater capability, output and sound quality. If a company is heavily invested in technology that is more than 10 years old, they are vulnerable to a firm with a bunch of "bright shiny objects."
Re: Some truth about investment and growth
Well put. Our "two guy" gigs are done by the boss. We make money on them because he's salaried and not day rate or hourly. We also know that our name is the same regardless of the scale or scope of a gig. Messing up a club gig is just as negative as have a problem at an arena show. Having the boss do those shows keeps the quality up and makes an impression on the client. We've picked up a couple of decent long term accounts that way.
Your last paragraph is spot on. A company needs to make enough to put back some funds for upgrades and as-yet unidentified expansion. And it's important to remember that capital equipment costs for a regional company have stayed pretty consistent over the last 25 years or so. If it took $350,000 to buy gear in 1988, it still does in 2012... but what we get for that money is vastly greater capability, output and sound quality. If a company is heavily invested in technology that is more than 10 years old, they are vulnerable to a firm with a bunch of "bright shiny objects."
