Kotaku 
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Denver, 10:19 AM
Mon Nov 23
32 posts in the last 24 hours
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06/18/09
Is there REALLY that much money in selling used, old games?
(does he have the rest of those golden NES carts?)
06/18/09
I'm moving back to Castle Rock Colorado next month, I will definitely come and see your store.
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Didn't even register the rest of the text on that poster...
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06/18/09
hopefully he will be buying old stuff from people instore and online, and of course hit those bargain deals on ebay to keep the stock fresh.
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06/18/09
stores like this make a BOATLOAD of mula. theres a vintage shop in NYC where i go to get mah classics. [www.videogamesnewyork.com] .
and they carry the recent and old stuff. if he promotes it right he could be in for the long haul. hopefully he studied up on basic business practices. and he should build a basic e-commerce site to increase his chances of sticking around. the potential is there, good to see him doing something constructive like this, instead of going apeshit and buying an expensive ass car or something dumb that many teens do with their newfound money.
06/18/09
Yes but NYC has a HUGE population. Denver... not so much. Walk in stores with a niche market only work well if your population is so great that even a small fraction of the pop amounts to a lot of people.
With that being said... everyone seems to ignore the fact that he also sells wii ps3 and 360 games as well. So long as modern games are included he'll do fine.
06/18/09
which is why i say the promotional machine behind it may affect the success of said store. getting on the news and kotaku is a nice start, you have to admit. if hes a lone retro shop in that area, he could have the chance to build a scene up in denver. sure its no nyc, but there are folks out there.
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06/18/09
haha damn he's got his work cut out for him.
06/18/09
[twitter.com]
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06/18/09
Also..
Im not dogging the kid in anyway... Congratulations on being able to do that at yoru age..
But again dude.... Do you understand how shite the economy is right now? you know there are probly 18 gamestops or CGX near by.... or all the people that live in yoru town might prefer ebay.
All Im saying is the business that you choose is fully obviously an impulse. You wanted it, had the money and went for it.
I do feel sorry for you though....
In about a year, when your closed and everything is gone... your gonna have to go right back to working at gamestop ;)
Again, not downing you at all.... Its just this was not well thought out.
I wish I had $100,000... because then I could start a business that wasnt trying to compete with 8 other companies who have a monopoly on the industry.
But good luck
06/18/09
I think you'd have been better off just revising what you said instead.
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06/18/09
working in a game store that has numerous people come in looking for anything from genesis to nintendo 64 games, and often want to trade in n64, snes, or psx games.. theres definitely a market for it.
thats why i thought it was stupid for gamestop to just buy eb and turn them all into.. gamestops. if i were head honcho around there.. id have made eb a place that dealt with older gaming only. so you could get rid of your old stuff for credit and use it at a gamestop.. or you can use your gamestop credit for some old games at eb. the retro thing is a nice sized market.. especially if your price your stuff right.
06/18/09
06/18/09
I mean, hes only going to be open for about 5 motnhs before he finds out what running a business entails but hey.
Again.... If I was left a crap load of money when my mom died at that age I could do the same thing.
He didnt work part time at video game sstore at17-18 nd make enough to open a store.
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06/18/09
I understand the immediate cynicism, and honestly, I was a little uncomfortable with the way the news played up the tragic angle... I originally wasn't going to do it, but I figured we could use the publicity. But yeah, didn't get left a bunch of money. No life insurance policy...
I probably wouldn't have tried to open a game store if I'd been left a pile of money to live on.
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06/18/09
Hopefully he didn't just use whatever funding he have to open the store, and he used some of it to do market research and write up a solid business plan. This way if the store does start running short on resources, he'll at least have a business plan to add on with facts of the store's improvement and secure funding from additional investors.
06/18/09