Hi! I’m David Guettler, founder of River City Bicycles in Portland, OR. This next March we will be celebrating our 15th year in the retail bicycle business. We are a large single location, owner-managed store, centrally located near downtown Portland.

From what I learned opening and running a wide range of retail stores I have learned what worked and what didn’t- for me at least. Personally, I prefer simple ways of doing business. For instance, we do not have a point-of-sale system. I believe we do not need it. To me the bottom line is always the bottom line- will it make us more money than it costs us? Do not assume that computers always do.
This might sound like a given, but in order to stay in business; the profitability must be factored into the budget. Making money is why we’re here, right? I make sure all employees understand that we are NOT a non-profit organization.
One of my favorite parts of running a business is the advertising. To me, it is a golden opportunity to communicate with people and convey our business message. We designed a campaign to promote cycling in general, along with promoting River City. We balance that with also sponsoring and promoting enthusiast and racing events, since this reaches the mavens (people considered as experts to all of their friends). Never underestimate the power of word-of-mouth marketing.
One of the most difficult aspects of running a business that is considered ‘seasonal’ is keeping staff intact through the slow part of the year. Do you reinvest profits to expand or carry strong staff “the keepers” through the slow season? The goal is to start the next season stronger- whatever it takes.
The other issue that always comes up is the greed factor. While there is always an element of greed involved, I have seen it seriously limit the success of a business. My ex-business partner had a business policy of ‘I win, you lose, or I’m not doing business with you’. So eventually, no one did business with him, and he floundered. Mutually beneficial business relationships can be the way to get your business to that ‘big picture’ place.
I am not saying that my methods would work for everyone- frankly, I don’t know if they would work for anyone else. But I do know they have worked very well for me, and as they say, the proof is in the pudding.
David Guettler, Founder of River City Bicycles