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:
“If when a businessman speaks of minority employment, or air pollution, or poverty, he speaks in the language of a certified public accountant analyzing a corporate balance sheet, who is to know that he understands the human problems behind the statistical ones? If the businessman would stop talking like a computer printout or a page from the corporate annual report, other people would stop thinking he had a cash register for a heart. It is as simple as that—but that isn’t simple.”
—Louis B. Lundborg (1906–1981)