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.
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Famous quotes containing the word businessman:
“A good businessman never makes a contract unless he’s sure he can carry it through, yet every fool on earth is perfectly willing to sign a marriage contract without considering whether he can live up to it or not.”
—Dalton Trumbo (1905–1976)