Find a niche
Find a niche
Jusak Yang Bernhard, 54
Savannah

Worked as: An actor and producer

Started in 2007: TailsSpin, a premium pet supply store that specializes in hypoallergenic pet food.

After months of research, Bernhard discovered that there were only a handful of pet supply stores in his area catering to dogs and cats with allergies. TailsSpin currently has 18 employees.

Startup costs: $200,000
Revenue in 2011: $1.3 million
Salary in 2011: $50,000

His advice for you: "Find an area in your target industry that isn't oversaturated. Offer your customers something that they can't get elsewhere."


By Donna Rosato @Money - Last updated May 22 2012: 12:24 PM ET
Join the Conversation
Buying a business after 50

Buying a business when you're no longer a kid comes with challenges. Learn how to overcome those obstacles from people who've done it right.

Most Popular
 
 
 
 
 

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.