Interview with local bookstore owner from @earningearth
The creator visits a local bookstore to investigate its business model, interviewing the owner, Jay Platt. He uncovers the store's origin story, its initial investment, its growth over 50 years, the financial rule of thumb for used bookstores, and the most expensive book ever sold.
Creator: @earningearth on TikTok
Transcript
Ever wonder how your local bookstore makes money? Let's go find out. Well, my name is Jay Platt, and I'm the owner of the Westside Bookshop in which we opened in 1975. Jay graduated from the University of Michigan with an engineering degree in 1968. After visiting the famous Booksellers Row in New York City tier few years later, he was inspired to open Worst Bookshop. I had a friend with a business partner at the time. He put up $3,000 I borrowed 3,000 from the bank and I put up $3,000 of the bo
Topics: Small Business, Local Business, Entrepreneurship, History
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