[pianotech] insurance evaluation on a Steinway B

Dave Hulbert, RPT dave at hulbertpiano.com
Sat Jan 16 15:03:15 MST 2010


Patrick 
Here in the modest midwest, where prices are somewhat lower than either coast (reality),  B's that are 'untouched', but nice condition are in the low to mid 30's, and B's w/ new action parts, pinblock and case refinishing start in the mid forties.  I'm haven't seen a totally re-engineered B price.  

Dave Hulbert, RPT
414.315.7763
dave at hulbertpiano.com
www.hulbertpiano.com 





________________________________
From: "pianotech-request at ptg.org" <pianotech-request at ptg.org>
To: pianotech at ptg.org
Sent: Sat, January 16, 2010 3:20:23 PM
Subject: pianotech Digest, Vol 15, Issue 191

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Today's Topics:

  1. Re: [pianotech]    age-old    question    of    what    to    charge    for    almost
      nothing and    running a    business as a business (Gerald Groot)
  2. Re: [pianotech]    age-old    question    of    what    to    charge    for    almost
      nothing and    running a    business as a business (David Love)
  3. Re: age-old question of what to charge for almost    nothing and
      run (paulrevenkojones at aol.com)
  4. insurance evaluation on a Steinway B (J Patrick Draine)
  5. Re: [pianotech]    age-old    question    of    what    to    charge    for    almost
      nothing    andrunning a    business as a business (Clark Sprague)


----------------------------------------------------------------------

Message: 1
Date: Sat, 16 Jan 2010 14:27:46 -0500
From: "Gerald Groot" <tunerboy3 at comcast.net>
To: <tcole at cruzio.com>,    <pianotech at ptg.org>
Subject: Re: [pianotech]    age-old    question    of    what    to    charge    for    almost
    nothing and    running a    business as a business
Message-ID: <006701ca96e1$fca8cf50$f5fa6df0$@net>
Content-Type: text/plain;    charset="us-ascii"

Hi Thomas, 

Thanks for your input.  I have given many local PTG classes on just that
very thing, owning and operating a business.  I have also brought in CPA's
for different meetings.  I've brought various business owners for their
advice as well.      

It impacts me because I follow my own advice and the adivce of others that I
have spoken with or classes that I have attended (not just PTG related)
pertaining to operating a business along with reading a lot on the topic
online at various websites. It's no skin off my nose but, if what I say can
help someone else to better establish their business practices then that's a
good thing, no?  

I put it here, because I know there are many new techs and others here that
can learn, including myself.  I'm not as stubborn as I appear, believe it or
not...  :)  

As I mentioned in another email, here is a topic that I started about 2
years ago by request.  I had a lot of good input from others in there too.  

http://www.pianoworld.com/forum/ubbthreads.php/topics/647259/Re:%20Owning 


Jer 

-----Original Message----- 
From: pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf
Of Thomas Cole 
Sent: Saturday, January 16, 2010 1:20 PM 
To: pianotech at ptg.org 
Subject: Re: [pianotech] age-old question of what to charge for almost
nothing and running a business as a business 

Mr. Groot, 

You've been saying over and over what other technicians should do, but 
how does that impact you? If your business is good and growing, what 
skin is it off of your nose that people haven't acquired the business 
acumen you have? And why would you complain continually to this list 
when it might do some good to speak to the technicians you are referring 
to? Or maybe a better approach is to give some technical presentations 
to your local chapter with practical advice on how to improve one's income. 

There is a whole continuum of piano technicians ranging from part time 
hobbyists charging little or no money, to full-time technicians making a 
six figure income. If some of the hobbyists are complaining about a lack 
of income, they may have a problem with low self-esteem or maybe their 
work is substandard and with the help of some compassionate mentoring 
could improve their skills and self-esteem. Are you going to continue to 
focus on the problem or come up with some solutions? 

Tom Cole 

Gerald Groot wrote: 
> 
> ... The only thing that I AM VERY HARD LINED ON is that more piano
technicians 
> need to run this business like a business or learn how.  Yet, many do not 
> run it as such.  These same people do not know how to run it as a business

> or in my opinion, do not take it very seriously that it is a business.
They 
> need to stick to the principal of charging when appropriate, which is,
most 
> of the time.  They should not be afraid to charge and especially, should
not 
> apologize for doing so. As another poster mentioned, the owners of other 
> businesses will not allow their employee's to show up for free or to
charge 
> less for obvious reasons. 
>  



  _____  

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Virus Database (VPS): 100116-0, 01/16/2010
Tested on: 1/16/2010 2:27:46 PM
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------------------------------

Message: 2
Date: Sat, 16 Jan 2010 12:06:40 -0800
From: "David Love" <davidlovepianos at comcast.net>
To: <pianotech at ptg.org>
Subject: Re: [pianotech]    age-old    question    of    what    to    charge    for    almost
    nothing and    running a    business as a business
Message-ID: <004801ca96e7$6b18a730$4149f590$@net>
Content-Type: text/plain;    charset="us-ascii"

This isn't aimed at anyone in particular or any specific previous remarks so
please no one respond as if I'm attacking them or criticizing their
approach, though of course you're welcome to comment.  I know this has gone
on too long but the question of what is important for a successful business
is important especially these days. There's been a bit of sniping in the
discussion but hey, get over it.  The really germane issue in all of this,
if I may distill it down, is where the emphasis lies in your business
approach.  My view is that yes of course it's important to have skills and
to have self esteem and project confidence and not be afraid to charge and
do your proper accounting and tax plan and clean your shop and your shoes
and tuck in your shirt yada yada yada.  But at the heart of any successful
business, especially in a repeat service business such as ours, is your
ability to develop and maintain relationships with your customers.
Ultimately, what sticks with customers are the feelings left behind from
your interaction with them.  Not specifically what was said, how much they
paid, whether they got a discount or not, though these things might be
contributing factors.  That's why often when someone complains about your
price and you end up conceding and giving them a discount you never hear
from them again.  The discount isn't what they remember.  What they remember
is how they felt from the interaction and even though they got a discount
they leave with the feeling of being ripped off or had they not pressed the
issue they would have paid more than was necessary.  So in each situation
you have to make a decision as to how best to develop that interaction so
that it leads to a positive experience for the customer.  There are no hard
and fast rules for what that means because each person is different and so
the criteria will vary.  The smartest business people are not those that
stick rigidly to a format for everything but those who recognize the nuances
that make those relationships work and are able to adapt accordingly.  If
that means extracting a pencil for free (that's where this all started) so
that you can engage the customer in some dialogue that may mean future work,
well you have to decide.  It may or may not be the right solution in that
particular case but you need to go in with an open mind and view the
situation as an opportunity.  

David Love
www.davidlovepianos.com





------------------------------

Message: 3
Date: Sat, 16 Jan 2010 15:25:00 EST
From: paulrevenkojones at aol.com
To: pianotech at ptg.org
Subject: Re: [pianotech] age-old question of what to charge for almost
    nothing and run
Message-ID: <980d.7c92edd2.38837a9c at aol.com>
Content-Type: text/plain; charset="us-ascii"

As I said before, David, it's a karmic world, and you have done a fine job  
of expanding on the idea.

Paul


In a message dated 1/16/2010 2:06:49 P.M. Central Standard Time,  
davidlovepianos at comcast.net writes:

This  isn't aimed at anyone in particular or any specific previous remarks  
so
please no one respond as if I'm attacking them or criticizing  their
approach, though of course you're welcome to comment.  I know  this has gone
on too long but the question of what is important for a  successful business
is important especially these days. There's been a bit  of sniping in the
discussion but hey, get over it.  The really germane  issue in all of this,
if I may distill it down, is where the emphasis lies  in your business
approach.  My view is that yes of course it's  important to have skills and
to have self esteem and project confidence and  not be afraid to charge and
do your proper accounting and tax plan and  clean your shop and your shoes
and tuck in your shirt yada yada yada.  But at the heart of any successful
business, especially in a repeat service  business such as ours, is your
ability to develop and maintain  relationships with your customers.
Ultimately, what sticks with customers  are the feelings left behind from
your interaction with them.  Not  specifically what was said, how much they
paid, whether they got a discount  or not, though these things might be
contributing factors.  That's why  often when someone complains about your
price and you end up conceding and  giving them a discount you never hear
from them again.  The discount  isn't what they remember.  What they 
remember
is how they felt from  the interaction and even though they got a discount
they leave with the  feeling of being ripped off or had they not pressed the
issue they would  have paid more than was necessary.  So in each situation
you have to  make a decision as to how best to develop that interaction so
that it leads  to a positive experience for the customer.  There are no hard
and fast  rules for what that means because each person is different and so
the  criteria will vary.  The smartest business people are not those  that
stick rigidly to a format for everything but those who recognize the  
nuances
that make those relationships work and are able to adapt  accordingly.  If
that means extracting a pencil for free (that's where  this all started) so
that you can engage the customer in some dialogue that  may mean future 
work,
well you have to decide.  It may or may not be  the right solution in that
particular case but you need to go in with an  open mind and view the
situation as an opportunity.  

David  Love
www.davidlovepianos.com




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Message: 4
Date: Sat, 16 Jan 2010 16:07:47 -0500
From: J Patrick Draine <jpdraine at gmail.com>
To: Pianotech List <pianotech at ptg.org>
Subject: [pianotech] insurance evaluation on a Steinway B
Message-ID:
    <fdf610641001161307x336a8305idab1d57c4b0af9bc at mail.gmail.com>
Content-Type: text/plain; charset="iso-8859-1"

Hi, I'm putting together an appraisal for customer who is heading out to
retire in CA after a career of teaching piano in universities. She's
bringing along her 1962 ebony Steinway B, and I'm eager for any input on
placing a proper value on her instrument.
I have done some background research -- S&S has an MSRP of $81,200 (Larry
Fine has $79,180 as the "street price"). So this should be the replacement
price, if she elects to buy that level of coverage.
The piano was well maintained (she also had an L, and pianos in the
university's teaching studio), but 48 years does take its toll too (brassy
tone, but still quite enjoyable as is).
What do you see in prices for Bs these days? I have done some price
comparisons from a large sampling from the pianomart.com site, but these are
"asking prices", not actual sales prices. For the moment I won't post those
numbers.
For those of you selling "quality used", as well as your restored (to
totally re-engineered), Steinway Bs, your input and advice would be greatly
appreciated!
Patrick Draine
Billerica, MA
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Message: 5
Date: Sat, 16 Jan 2010 16:02:23 -0500
From: "Clark Sprague" <CSPRAGUE4 at woh.rr.com>
To: <pianotech at ptg.org>
Subject: Re: [pianotech]    age-old    question    of    what    to    charge    for    almost
    nothing    andrunning a    business as a business
Message-ID: <46E6B98877D546E78004417AA6DEC552 at Shiny>
Content-Type: text/plain; format=flowed; charset="iso-8859-1";
    reply-type=original

" But at the heart of any successful
business, especially in a repeat service business such as ours, is your
ability to develop and maintain relationships with your customers."  David 
Love

I know this to be true from personal experience.  When the store I worked 
for  7 years full time) closed in 2006, I received the full clientele list. 
I contacted all those people in that first 6 months of being on my own.  As 
things progressed, I wanted my business to be OUR business (meaning mine and 
my wife's), so I asked her to keep the contacts going for me.
    As time passed, my wife has been overburdened with the care of my 
mother, our kids, playing 2 church jobs , etc, etc.  She doesn't have enough 
time in the day to do it all, and I stubbornly held to the notion that this 
was her part in our business, and she was failing.  STUPID.
    Add to that the recession, and we have a client base that is in three 
distinct parts:  one group that has gone so long since I have seen them that 
they are basically lost; one group that has remained faithful (a small 
group); and another group in the middle that I hear from occasionally.  This 
is the biggest group.  My gross has dropped by about 50% in the 2 1/2 years 
since I was forced to go it on my own.
    The point of this diatribe is that David is soooo right when he says 
what I pasted at the first of this post.  This business is all about the 
relationships we maintain with the people we encounter.  I need to take 
business classes and learn more about how to run my business more 
effectively.  I wonder how many of the people reading this list could tell 
similar tales?

Clark A. Sprague, RPT
csprague4 at woh.rr.com


----- Original Message ----- 
From: "David Love" <davidlovepianos at comcast.net>
To: <pianotech at ptg.org>
Sent: Saturday, January 16, 2010 3:06 PM
Subject: Re: [pianotech]age-old question of what to charge for almost 
nothing andrunning a business as a business


> This isn't aimed at anyone in particular or any specific previous remarks 
> so
> please no one respond as if I'm attacking them or criticizing their
> approach, though of course you're welcome to comment.  I know this has 
> gone
> on too long but the question of what is important for a successful 
> business
> is important especially these days. There's been a bit of sniping in the
> discussion but hey, get over it.  The really germane issue in all of this,
> if I may distill it down, is where the emphasis lies in your business
> approach.  My view is that yes of course it's important to have skills and
> to have self esteem and project confidence and not be afraid to charge and
> do your proper accounting and tax plan and clean your shop and your shoes
> and tuck in your shirt yada yada yada.  But at the heart of any successful
> business, especially in a repeat service business such as ours, is your
> ability to develop and maintain relationships with your customers.
> Ultimately, what sticks with customers are the feelings left behind from
> your interaction with them.  Not specifically what was said, how much they
> paid, whether they got a discount or not, though these things might be
> contributing factors.  That's why often when someone complains about your
> price and you end up conceding and giving them a discount you never hear
> from them again.  The discount isn't what they remember.  What they 
> remember
> is how they felt from the interaction and even though they got a discount
> they leave with the feeling of being ripped off or had they not pressed 
> the
> issue they would have paid more than was necessary.  So in each situation
> you have to make a decision as to how best to develop that interaction so
> that it leads to a positive experience for the customer.  There are no 
> hard
> and fast rules for what that means because each person is different and so
> the criteria will vary.  The smartest business people are not those that
> stick rigidly to a format for everything but those who recognize the 
> nuances
> that make those relationships work and are able to adapt accordingly.  If
> that means extracting a pencil for free (that's where this all started) so
> that you can engage the customer in some dialogue that may mean future 
> work,
> well you have to decide.  It may or may not be the right solution in that
> particular case but you need to go in with an open mind and view the
> situation as an opportunity.
>
> David Love
> www.davidlovepianos.com
>
>
> 



------------------------------

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