CD and digital sales are declining as music lovers turn to streaming services like Pandora and Spotify, yet vinyl records sales have grown 260% since 2009.
We are in the midst of a vinyl revival.
Third Man Records, a record label founded by musician Jack White, has been on the ground floor of this renewed interest in vinyl.
Vinyl, more than any other medium, has a timeless appeal, it's tactile. Ben Blackwell of Third Man Records, says that people have a strong connection to what vinyl means in their lives, it's a lifestyle.
To help us dig further into why people have started buying vinyl again, the background of Third Man Records, we spoke with Ben Blackwell, who shared some amazing stories in today's edition of Small Business War Stories.
Small businesses can give a lot to a community and in turn, those communities help support those businesses.
Community involvement helps further distinguish your business from competitors and helps create customer loyalty.
At Mother's Brewing Company in Springfield, Missouri, owner and operator Jeff Schrag sees it as their responsibility to the community to help local non-profits move further with their missions.
By donating free beer to various fundraising events and charities, Mother's has established itself as a community-minded brewery. They hate to say no to anyone and this unique perspective paired with a fantastic product has helped Mother's establish itself as a must-visit location for beer lovers.
Today, we are happy to share with you our interview with Jeff Schrag of Mother's Brewing Company's as the latest episode of Small Business War Stories.
Many of us dream of ditching our desk jobs in favor of a workshop. Working with our hands, crafting something out of wood or some other material. Something physical, something real.
Seth Lee Jones worked at Whole Foods for 6 years while on the side building up his business as a guitar maker. Eventually he had to leave his day job because he had enough people beating down his door with requests for guitar work.
He now builds builds 25 to 30 custom instruments a year and a handful of acoustic guitars.
The journey to becoming a full time luthier or guitar maker, is not an easy one.
Today, we are happy to share with you Seth Lee Jones's story as the latest episode of Small Business War Stories.
Nearly a quarter of the U.S. population consists of people under the age of 18.
Kids, more than any time in our history, are influencing the spend of household income. Kids influence an estimated $500 billion in household spending.
Further, spend on kids products is growing rapidly. Products targeting children between the ages of 4 and 12 are now responsible for $40 billion in revenue.
Children and their parents are savvy consumers and there's great opportunities for those entrepreneurs looking to build a kid-focused business. To help us explore this topic further, we spoke with Maggie Tucker of Magpies Baby and Magpies Girl to discuss how she has built two successful kid-focused retail businesses.