Download The Keith Beedie Story - Beedie Group
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52<br />
THE KEITH<br />
BEEDIE STORY<br />
One of the bookcases <strong>Keith</strong><br />
and his partner Fred Banbury<br />
were building in 1945.<br />
PART 1: LAYING THE FOUNDATION<br />
CHAPTER 4: SETTING UP SHOP<br />
“Th e cash surrender value was only a couple of hundred dollars, but it<br />
was exactly what I needed to buy 50 percent of Fred’s shop.” It would<br />
turn out to be a very good investment.<br />
<strong>Keith</strong> joined Fred in the basement workshop on Howe Street in<br />
downtown Vancouver and they started producing the dancing dollies<br />
as quickly as they could. “We did that for a few weeks,” recalls <strong>Keith</strong>.<br />
“Th en Christmas came and it was all over. We did okay, though.” It<br />
was a humble beginning for a business empire, but one that <strong>Keith</strong><br />
remembers fondly. “I’ve liked dancing dollies ever since.”<br />
<strong>The</strong> workshop wasnʼt limited to producing<br />
toys. <strong>Keith</strong> and Fred took whatever<br />
commissions they could fi nd and soon their<br />
small operation was overwhelmed.<br />
EVERY PROBLEM HAS A SOLUTION<br />
We make a living by what we get,<br />
but we make a life by what we give.<br />
—WINSTON CHURCHILL<br />
One of the biggest problems the partners faced was obtaining the materials they<br />
needed to do their work. Directly above them was a company that produced mantle<br />
radios. When they asked <strong>Keith</strong> and Fred if they could make some radio cabinets the<br />
boys were keen, but they weren’t sure where they could fi nd the material required for<br />
the job. <strong>The</strong> partners put their heads together. “<strong>The</strong>y wanted them made out of walnut,”<br />
recalls <strong>Keith</strong>, “but the price of the walnut plywood we looked at was ludicrous.”<br />
Aft er trying to source materials, <strong>Keith</strong> and Fred quickly realized that<br />
they would have to get creative to fi nd aff ordable wood. “A single sheet<br />
of walnut would have cost us more than we would get for the fi nished<br />
product,” <strong>Keith</strong> says. Working like that, they wouldn’t be in business<br />
for long. <strong>Keith</strong> hit on the idea of approaching furniture producers<br />
to see if they had any wood scraps for purchase. Th e fi rst place they<br />
decided to ask was Hammond Furniture, whose factory was located<br />
at the corner of Clark and Venables. Without much beyond the kernel<br />
of an idea, and because both of their cars were broken down, the two<br />
headed out on the streetcar to talk to someone at Hammond.<br />
Neither <strong>Keith</strong> nor Fred had discussed how they were going to proceed<br />
once they reached the factory. “When we walked in the front doors,<br />
there was a woman sitting at a counter with a typewriter in front<br />
of her,” says <strong>Keith</strong>. “Well, we didn’t really know what to say, so we<br />
just explained very quickly what we needed. She off ered a quick<br />
‘no,’ insisting that the business didn’t supply materials.” To the two<br />
inexperienced entrepreneurs, her response seemed defi nitive. Th ey<br />
weren’t sure who the woman was, or on what authority she had turned<br />
them down. Th ey also had no idea what their next move would be.<br />
Within a minute of walking through the door, they were turning<br />
around to leave. Th at should have been the end of the story. Instead,<br />
they were about to meet the man who would have the single greatest<br />
infl uence on <strong>Keith</strong>’s business future.<br />
As they headed out of the factory, an offi ce door behind the woman<br />
opened. Wally Hammond himself strode out and clapped the boys on<br />
their shoulders. “He asked us why we were there,” says <strong>Keith</strong>. “When<br />
Fred Banbury at the<br />
entrance of their Marpole<br />
workshop, 1946.<br />
53