veteran leadership brings the company into its 90th year - Music Inc ...
veteran leadership brings the company into its 90th year - Music Inc ...
veteran leadership brings the company into its 90th year - Music Inc ...
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RETAILER EXCELLENCE<br />
R<br />
Inventory reaches <strong>the</strong> ceilings throughout <strong>the</strong> store.<br />
talking about <strong>the</strong> <strong>company</strong> to o<strong>the</strong>r people know <strong>the</strong> <strong>company</strong><br />
backwards and forwards.<br />
JERRY Howie was hired as a manager. Barry was hired as a<br />
salesman.<br />
RICHARD We pride ourselves on keeping people as long as we<br />
can. Talented people will drive a <strong>company</strong>, and we constantly<br />
try to look for that. Guys with ideas who know how to execute<br />
an idea — that’s what will propel a business. You gotta<br />
be willing to listen and cheer ‘em on and not say, ‘That’s a<br />
stupid idea because it wasn’t my idea.’<br />
JERRY In <strong>the</strong> stores, <strong>the</strong> wrong manager can mean 10 percent.<br />
Personnel is very, very important. The key thing.<br />
PAUL The regionals know everybody, <strong>the</strong> guys who are up and<br />
coming and deserve a promotion someday when something<br />
opens up. They know who is flexible to move, and <strong>the</strong>y make<br />
changes. They’re not afraid to make changes.<br />
COMPANY PHILOSOPHIES<br />
RICHARD There’s no grand plan. We grow if we see an opportunity.<br />
You get to 48 stores by taking advantage of opportunities<br />
when <strong>the</strong>y arise. We built <strong>the</strong> business on <strong>the</strong> back of that. If<br />
something comes our way that looks interesting we’ll invest.<br />
PAUL We’ve been aggressively growing — but not too fast.<br />
We’re cautious, but we take chances. We don’t have <strong>the</strong> backing<br />
of a huge corporation. We have finance from within.<br />
SAMMY There are ways we have always dealt with things, and<br />
most of it goes back to Grandpa Sam. He wasn’t <strong>the</strong> world’s<br />
greatest businessman, but he had a great understanding of<br />
people. He understood how to treat people.<br />
PAUL In my fa<strong>the</strong>r’s day, he was friends with <strong>the</strong> suppliers.<br />
Friends with <strong>the</strong> customers. That was his personality. We try<br />
our best to do <strong>the</strong> same.<br />
JERRY We have three of <strong>the</strong> fourth generation full time and one<br />
part time at this point — that’s what makes it worthwhile. I’m<br />
here 11 hours every day. Haven’t taken a day off in 20 <strong>year</strong>s.<br />
It’s life. This is all we know. We’re not suited for anything else.<br />
DAVID My life is very much interwoven with <strong>the</strong> business. I<br />
don’t know that I have had a golf club in my hand since I was<br />
a kid on <strong>the</strong> mini-golf course.<br />
JERRY Nobody owns a boat.<br />
SAMMY Outside of this business I have nothing else to talk<br />
about. This is what we do. We’re not landowners, building<br />
owners. No one has a slew of cars.<br />
PAUL I have always felt that <strong>the</strong> goal is to keep <strong>the</strong> reputation<br />
we inherited from our fa<strong>the</strong>r. Enhance it and protect it. It’s<br />
not like we had a generic name like <strong>Music</strong>land or something.<br />
This is our family. Our fa<strong>the</strong>r’s name. It’s <strong>the</strong> most important<br />
thing that we own. MI<br />
30 I MUSIC INC. I DECEMBER 2013