How would you get into the biz?

1. Know the basics of economics 2. Have a thought-out business plan 3. Know how much you need to maintain your lifestyle 4. Know who you are trying to sell to 5. Know how your design is better than the competition. This should keep you busy for a while...

There is no good way, its a dying thing totally replaced by iphone and 10$ earbuds .

Eric, I see the real problem as the large number of other co.s with significant engineering talent and other resources already occupying the space.

maybe local boutique type market?

@erik_squires 
@randy-11

I have no doubt that Erik can design a top notch speaker that will compete... I think the issue lies is that as an unknown,  you have to clearly build something that is extra ordinary or a huge value that isn't normally done... To build a GREAT 2 way at a decent price will be very hard to compete with, You'll certainly sell a few, but I wouldn't plan on making it rich that way.  Just too many out there already doing it.

Find a nitche, be ready to constantly change with the whims of the market,be prepared for $ ups and downs of said markets. Loudspeakers are something everyone has and no one needs they exist to most as a equivalent of a toaster bought with as much thought.  The small small group that cares has many marketing to them at all price levels. Even if you had the worlds best loudspeaker and price on such doesn't mean you will succeed audiophiles are name brand buyers purchases made as much to impress as for sound quality.