For more than 50 years, Meyer Music has been providing lessons, instruments, and education to Kansas City. This true family business continues to be a big part of the community, which speaks to their business acumen. Today we talk with Mike Meyer about the family dynamics, their growth, lessons learned, and how the pandemic has been the biggest challenge yet.
Read more and get additional resources here: https://www.kcbusinesshuddle.com/business-owners/ep-9-the-family-business-behind-meyer-music/197/
About our guest: https://www.meyermusic.com/
What we discuss on this show:
1:10 – Who is Mike Meyer?
1:46 – How did the family get into the music business?
6:13 – How Mike became part of the business
9:01 – His first job after college
10:44 – When he moved into the business full-time
12:43 – Challenges of running a business in his 20s
16:53 – Building processes and consistency
20:12 – What he attributes to the growth
22:46 – Mom and dad still in the business
24:17 – Mistakes he’s made along the way
27:05 – Another big change in the business model
35:13 – Competition between siblings
37:22 – Big picture view of what to expect from the business
38:46 – How has COVID impacted the business?
41:16 – The evolution of the music business
46:45 – How to get in touch with Mike and Meyer Music