I had a job that allowed me to work a four-day work week.
I wanted to be conservative and not quit my job until the business got better,
so decided to only be open on Fridays and Saturdays. I was stubborn enough to
refuse to work on Sunday - as I needed one day to worship and rest. The store ended up being in three different locations over the three years. I was at the Mount Royal Shopping Plaza in Queensbury from June 14, 1996 until December 31, 1996. (The rent was too high for my weekend store!) I then moved into downtown Glens Falls at 21 Ridge Street from January 1, 1997 until July 31, 1997, (the building was sold to someone who wanted to remodel the store into a restaurant.) and finally I was at (13) 9 Ridge Street from August 1, 1997 until the store closed on June 30, 1999.
From June of 1997 through June of 1999, I hired a friend, Donald Carlson, to run the store on Thursdays. The sales increased greatly, and I thought the business might be successful. Probably my downfall was that I had no savings before starting the business. The expenses at the first location were enormous. I mostly financed the debt by credit cards, and thoroughly enjoyed picking out new greeting cards - to my downfall, as I had a larger inventory than I needed. While Don only worked one day per week, the insurances that were required probably added an additional 50% to the cost of his employment. I had gotten into too much debt, and I couldn't see any easy way out; other than closing the store. Before closing the physical store, I started to sell uncirculated State Quarters in the store. There were a few customers who wanted me to continue to sell them new issues as they were available. I continued to do that through December 2003 and discontinued due to the time that I anticipated spending on the revival meetings in 2004. In mid 2009, I was living in Chicago, IL and felt that the
Lord Jesus was leading me to attempt this type of business again in that
location. With storefront rents in the multiple thousands of dollars per month,
I was amazed to find a very small area for rent in a condominium lobby at 1400
N. Lake Shore Drive.
After just two months (August 15th - October 15th), it was easy to determine that my sales were not improving and the taxes, store initiation fees, etc. were far more than I anticipated. As illogical as it sounds, God seemed to be telling me that I would do better back in Glens Falls, NY than in downtown Chicago. At the end of October 2009, I traveled back to Glens Falls, NY to see if any storefronts were available. A friend in the area had told me that my same location from 1997-1999 was open and my preference was to be in the exact same spot as then. I decided to make a quick move before winter set in. I knew that I would lose most of the 2009 Christmas sales, but didn't want to pay the expenses for another six months in Chicago, knowing more large fees would be due early in 2010. One unanticipated expense was the breaking of my lease at the apartment house that I was living in, but God continued to provide. The friend from the Glens Falls area was willing to drive a U-Haul type truck, and flew over to Chicago and drove the truck back (Containing both the store fixtures/inventory plus everything in my apartment). God also provided with another friend that paid for all of the gas for both the car and the rental truck for the 900 mile journey. (Awesome!) The store closed in Chicago on November 28, 2009 and opened back at 9 Ridge Street in Glens Falls, NY on December 15, 2009. That has to be one of the quickest and longest moves for a business! Since![]() |