As A Businessman
By 1915, he was in a comfortable position financially, and he began to seek ways to invest his money. That year, he formed the Paroquette Record Manufacturing Company with Fred Van Eps, based in New York City. The Paroquette system used vertical cut records and featured his own recordings and those of several other performers. As a novel introduction in a highly competitive market, the Paroquette recording technique was an early failure, and the company was out of business by 1917. Burr also tried music publishing, and he also shared ownership in a banjo factory with Van Eps for a short while.
Read more about this topic: Henry Burr
Famous quotes containing the word businessman:
“The businessman who assumes that his life is everything, and the mystic who asserts that it is nothing, fail, on this side and on that, to hit the truth.... No; truth, being alive ... was only to be found by continuous excursions into either realm, and though proportion is the final secret, to espouse it at the outset is to ensure sterility.”
—E.M. (Edward Morgan)