#47 Losing My Virginity: How I Survived, Had Fun, and Made a Fortune Doing Business My Way
Founders
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The Importance of Compatibility in Music Industry
The mail order business was doing well but mainly seemed to attract the serious music buyers who were looking for quite rare records. We realized that if we were going to make money it would have to come from opening up more virgin record shops. By Christmas 1972 we had 14 record shops, over on London and one in every big city across the country. So this whole idea of continuing to expand and then taking the money that you made and expanding further is his modus operandi up until he achieved financial freedom which I think at the time must have been close to 40 years old.
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