Kynoch
member
So very true.The fact that you're posting in this thread indicates otherwise. If this were a Hipoint thread, would you be posting in it?
So very true.The fact that you're posting in this thread indicates otherwise. If this were a Hipoint thread, would you be posting in it?
And this is the problem, I love innovation, I love a company that put out what no one else will. I Hate when a business is run poorly, maybe it's because I was in charge of getting rid of ineptitude in business for several years, I am almost to the point of no longer supporting Kel-Tec because of it.
I haven't had any problems with my P3AT that has been my EDC for a little more then a year now (the cerakoting has worn off on the edges of the slide from my jeans but that isn't KelTec's fault). I have been thinking about this since this thread was started and while I do think there are some good theories and some of them are probably accurate I also think that one of the major problems is that the company seems to be run by an engineer. Nothing against engineers, they are some of the smartest people I have ever met, but I have known very few who have the acumen to run a business (maybe that isn't a fair representation, but that has been my experience).
After considering the arguments thus far I think I stand by my statement, showing a new product at an industry show and then blaming other factors when you miss your full production target date by 1.5+ years is irresponsible from a business standpoint. It alienates customers and gives your competition an (albeit potential) upper hand thus reducing the profitability of your company.
I believe that with the start-up funds I could be producing in two years what Kel-Tec has been unable to produce in five, and be doing it profitably, honestly I have been thinking about this more and more in the last couple of days.
I am on my cell phone now so I can't link articles, but a google search of "kel tec third largest" brings up quite a few sources stating they are 3 largest handgun manufacturer according to the ATFActually as of 2010:
S&W, Ruger, Beretta, Sig Sauer and Taurus produced more handguns in the USA then Kel-Tec did. Unless KT has ramped-up production, that makes them #6.
The fact that you're posting in this thread indicates otherwise. If this were a Hipoint thread, would you be posting in it?
You have no proof that Kel-Tec is poorly run and/or unprofitable.
Unless you are privy to KT's balance sheet and income statement (and you're not because it's privately held), you have no idea if KT is "run poorly" from a business standpoint.
Like Bill Ruger? Like Ron Coburn of Savage? That comment is simply nonsensical.
Microsoft did it for years. They still do it. So does Apple. It certainly has not hurt their financials.