Success is in the cards for Asheville entrepreneur.
Position | Collectors Products Corp.'s John Connor - Company profile |
Success is in the cards for Asheville entrepreneur
Baseball cards have been very, very good to John Connor. Just over a year ago, Connor - a former Putt-Putt Golf manager, guitarist and jingle composer - was selling memberships in a health club.
Today, he owns an Asheville baseball-card shop that rang up well over $300,000 in sales in nine months. And he's championing a new product he hopes will change the way collectors store their cards.
"I get in and out of things quick," Connor, 33, admits. In 1986, he spent about $100 for 543 baseball cards. When he sold them in early '89 for $700, he decided it was time to change jobs.
He borrowed $15,000 from a friend, bought The Dugout and immediately expanded the year-and-a-half-old shop's inventory.
Within five months, he was batting $1,000 in sales a day and more - a tenfold increase over the previous year's business. And the profit, Connor says, is "much better than I ever dreamed" - he clears anywhere from 10 to 500 percent on each card.
It wasn't long before Connor noticed that traditional single-card holders, which had to be screwed together, were difficult to assemble. He decided to design a simpler, less expensive holder.
Thus was born Snap-Its. Connor, his father, Charlie, and an investor formed Collectors Products Corp. last summer and contracted out production in nearby Arden. Snap-Its retail for about $1.75...
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