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Fellow project guys, would you do this full time?

northerndave

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If you thought you could pay the bills, would you build cars full time?

Quit your "day job", and build cars full time?

I'm riding the fence....

I've been close to pulling the trigger several times over the past 15 years.

I'm close again.
 
Yeah, I think I would. I would like to work with a crew of 3 or 4 good and skilled people. Just easier when you can share the work load and trust someone who has the passion you have to do the job right. I enjoy the work, but sometimes I enjoy fab work or mechanical more than the body work and vise versa. I think we've all been to one point on a project and said, " I really don't want to do this part". If you have the drive and the work is out there why not.
 
ask your self these questions will you make enough to pay all your shop bills ,pay your employees ,have enough to have a good medical benifits for you and your family ,pay all your bills at home , because you will have to keep money going into your buisness,then trying to keep your house hold going ,with a buisness you'll always will be investing into it ,tools equipment ,things will always have to be replaced,some times you'll have customer issues ,then theres insurance issues also, you'll need to think this out on paper , body shop materials are always going up,don't try and get by with cheap products they'll come back and kick you in your ***, just do some real soul searching and think it out . It is always nice to work at what you enjoy doing.:thinker:
 
yeah, many pencils will be used between now and spring time.

I'll wear the buttons off my little calculator.
 
Heck yeah I would, and good to see you Dave. I get a bit of a grin every single time I walk past my Mopars in the garage, just like I did when I got my first one. I love working on my cars and even other folks old cars for that matter. Even laying on the cold concrete in the garage, ear plugs in, fogged up glasses and a die grinder showering sparks down the back of my shirt is my free time, my me time and I relish every minute of it. You know how it is watching a car slowly come back to life..when the wheels and paint begin to shine again. That in itself is a big payoff. So if there was the perfect formula to do that while making a living, why wouldn't you? The biggest nitch for me is where to start and taking the leap. What kind of business model does a guy need..How much of a market is there locally and if not locally, how can it be expanded abroad. What would the up front costs be and how long could a guy survive before the first real revenue start coming in? I agree with smyythe68 on having a specialist crew..especially paint/body and fabrication...Obviously a guy that doesn't have big revenue to invest right off the bat wouldn't have the flexibility to employ too many folks, but working into such a model could make the shop even more proficient and efficient with the right guidance.

You got the skill set and the work ethic to do so.....I'd say if you were confident in a business model, did your research, had a back up plan and had a realistic budget, go for it if that's what you want to do. We all know you love cars and if it puts a smile on your face just being around them, well..there you go. Happy and working.
 
Also you have to think how many cars you can do to pay the bills b4 you can actually put some in your own pocket. Are you planning on doing full resto's,insurance claims, frame straightening? Most people want their stuff fixed all at one place. There is a guy here locally that does resto's on the side. He has a main job that he works at. The car he did was a 68 GTX. It came out looking great and the guy that owns the car paid $20,000 plus to get restored, that was over a period of about 3 years. Can you tie up space in your shop for that long. 24 years ago I thought I would be doing bodywork,went to trade school for it. Now with all the paints, thinners, reducers, and EPA rules, the average guy would have a hard time to make a profit. Not trying to dissuade you or anything and i'm sure you have run these thoughts thru your head too. I wish the best of luck on anybody that wants to try new avenues to keep ahead nowadays. good luck.
 
I think the few remaining and successful business' that cater to this sort of work were started out of a passion and hobby. Its a tough and challenging venture for sure. I know this from my venture! However, if you plug away, you'll do fine! You have to have high quality work and materials, and charge for it. They will indeed come back and kick you in your *** if you do **** work! You can't do it all tho on the rebuild/restore. If you try, you'll fail. You have to have partners, guys out there that do their lane as experts. I'm the Media Blast expert in S.A. Paintshop101 are the Metal Fab/and Paint experts in town. He has an engine guy that's an expert at his own shop. Upholstery has to be done by the pros in that lane. Costs are always going to be a concern, owners will always bitch, etc. You will have to have a record to run on, examples to show, etc. You need to take some down payment money, but, you have to honor it, and respect it, and utilize it for that project, not always for the previous work and bills. It can get out of control that way all too quickly! Good luck!
 
I would love to do it myself, I would need to learn more to do something like that though.. Not that long ago i was doing body work and painting part time and would have done better then i did if i would have been more of a man with things and just plain put my foot down. Seemed like the more i did the more work i was asked to do and then someone would run into a bad spot in there life and instead of doing what i should have, they got the work done for nothing, My wife finally put her foot down with me telling me that its one thing to help some others its another when now im taking our money to replace what supplies i had to have in my garage. Im not making excuses, i just wonder if i could have been successful in it, part time small jobs is one thing, full restos like is being done here, i would need more room then i had then to make a good start, tools, and some more knowledge to go along with putting my foot down and locking a car or truck up until i was paid. Id enjoy the work though, i always did no matter how big the job was.. And as small an area i had to work with, I got along good, slower and more complicated if vehicle was all apart like a Mazda truck i did, that was the hardest because the cab and bed was off and the entire truck had to be done. But yes, i would give it my best effort to make it work.
 
food for thought

i am leaning towards the donny philosipy above. pic out your niche and be the best at it. network with other people who do their niche and are the best at it and pretty soon you have a team that can do the whole package. to start from scratch today and do the whole package in house would be a huge investment. example, in my area around here you have to search for a guy that knows the old stuff and has the proper equipment just for a front end alignment. todays kids know the therory of it but punch your 1966 to 70+ car into the computer on todays machines and when it dosen't come up they are finished. another example, go to a cruise night have a look around and ask your self how many of these guys could do a proper tune up from setting the valves right up to dailing in the carb or re-buiding it if need be. there will be some guys there that can, no doubt, but would you let them do yours. now how many you got. todays kids coming up can't. there is no port to plug into.
--anyway, i am not trying to rain on your thinking but todays world is different than the one we grew up in. i wouldn't want to be starting over again today in my business. i started my self from the trunk of my car 26 yrs ago and today that would be dam near impossible. wholesale meat business with a dozen employees now. half have been with me for 20 yrs. i feel i got lucky at the right time at a much younger age.
--what ever you decide, good luck. today might just be the right time. rick

--one more example, promise. a good buddy of mine around here is an old school harley wrench. the best for miles and miles. he pretty much picks his customers. started on bikes as a kid. worked at proctor&gamble, good job for this area, for x number of years still wrenching bikes at home on nights and weekends. guit and went bikes full time maybe 20 yrs ago. built a bigger shop at home. there are 3 dealers within 75-80 mi. radius of here. when these dealers get into a jack pot on something pre evolution motor, they bring it to him. its his niche.
 
I agree with everything stated so far, and you are more than capable of having a go at it with the work you have shown us on your car. I will add a couple of things. Make sure it is what you love doing, because usually when you make your hobby a full time job it isn't as much fun anymore. Word of mouth advertising is critical especially in smaller towns. You will pay more in social security tax being self employed than working for someone else. Make darn sure your wife is onboard with the venture. Health insurance is very costly to buy outright, so if your wife has a job with that benifit it would help alot.
 
I did. 10 years ago got sooooo burned out on contracting. I sold my business and started building cars for people and vendoring parts. Been tough at times. Money was better in contracting but I truly love my job and I work my hours. Get to build some really cool cars.
 
I agree with everything stated so far, and you are more than capable of having a go at it with the work you have shown us on your car. I will add a couple of things. Make sure it is what you love doing, because usually when you make your hobby a full time job it isn't as much fun anymore. Word of mouth advertising is critical especially in smaller towns. You will pay more in social security tax being self employed than working for someone else. Make darn sure your wife is onboard with the venture. Health insurance is very costly to buy outright, so if your wife has a job with that benifit it would help alot.

X2
 
Another thing is filtering out the dreamers. We've all been there at the dreaming stage, hell, we still are there to some degree as we're here now on this BBS (which isn't really a BBS), and sharing the hobby, etc. However, sometimes the dreamers don't have the capital to see it through, and it remains a incomplete POS. If I was not retired military, I would have to be far more concerned with health insurance, Social Security taxes, etc., as a self-employed business. One problem you will encounter if you have not already done so, is the person who has an imaginary number in their mind as to what it 'Should' cost vs. what it actually costs. These types will take a bit of work to get 'em right. Sometimes you have to go round and round with them, but, if you have a signed contract, with a clearly stated cost, scope of work to be done, and DON'T assign a timeframe, and caveat it all with its all an estimate whereas the cost can and could go up, the scope could be changed as you uncover issues. I've learned that if you're going to take on a large project, get 10K up front from them, this assures they're serious, and you have some cash to work with. Keep receipts, invoice, account for your time, and have measurable progress each week or month where the customer will be pleased and see progress. Don't do anything other than this, treat them as you would want to be treated. Too often there are crooks and thieves in this business, they are the ones who are inexperienced and don't have the skills in business and trade to make it...read my threads about the Thief, etc. Good luck!
 
Correct Donny. I've actually talked more customers into NOT doing there cars after I gave them a full and complete understanding as to what all it takes to build a car.
 
been building cars for people as side work for a many years now.i was gonna pull the trigger and do it full time just as the econmy took a dump.just missed that bullit.lots and lots of things to consider before you go full time.my biggest worry was loosing the passion to build rides.
 
I was already self-employed so was just a matter of a trade change for me. Kinda scary at 42 with a family.
 
you are getting some good advice on here. another point, serving the public is one of the hardest jobs there is.
at the end of the day your the one making the decision and good luck.
 
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