23 July 2009

Pawn Stars ~ Lessons On A Key Financial Service

Great! I just saw the first episode of the new History Channel reality show Pawn Stars featuring the Harrisons -- a three generations Las Vegas family -- and their essential financial service business...
"Long before banks, ATMs and check-cashing services, there were pawn shops. Pawning was the leading form of consumer credit in the United States until the 1950s, and pawn shops are still helping everyday people make ends meet."
Turns out I've been interested in Pawn for years now, so I'm real pleased to see this show. Pawn Stars is both instructive -- because the basic economics of the business are spelled out by the protagonists in their interaction with clients -- and hilarious -- because these real-life family businessmen and the folks bringing in stuff to pawn are an authentic bunch of characters! Check out Episode One on iTunes.

No comments: