Matt Fiedler was a product manager at a tech startup when he and his roommate, Tyler Barstow, had a very analog idea for a company: vinyl records. In 2013, they launched Vinyl Me, Please, now an e-commerce site that, for $29 a month, sends curated records to subscribers, from the vintage (Black Sabbath’s Paranoid ) to the obscure (Watch Out! by 1970s Zimbabwean band Wells Fargo). But, in 2015, Fiedler made miscalculations that led him to an emotional breakdown—and the near-unraveling of his business.
I didn’t know much about running a business. We started out doing wholesale, but pivoted to a manufacturing model. We’d find albums and secured rights to them before getting them pressed by our manufacturer. Usually we’d receive the next record a week before shipping, and then we’d ship the albums out ourselves. Right before Thanksgiving 2014, we were waiting for December’s record of the month, but it never came. When I emailed the manufacturer, we were told that it was delayed by six weeks. There was no way we could get it to our subscribers on time.
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Denne historien er fra September 2018-utgaven av Inc..
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