Can you guys give me Feedback on my Online Business Idea?

[FRSDREAMER]

Originally Posted by ahausheer

So its an FTP site?

Somewhat to a Degree. It'll look Cooler and will have "Cloud Storage".

[FRSDREAMER]

NEW IDEA...

Affordable Supercar:

Now the average Vehicle cost about 2-3k to Produce this excluding manufacturing cost, Materials, shipments, Worker wage, machinery and etc.

So in theory a vehicle that cost 20k is not a profit for automobile company in reality they're actually making they're money from leases which would be about 35-40k for car that originally cost 20k.

Well the question is, how can I make a Ferrari type vehicle that's under 40k for the Consumer?

The Question is the novelty in terms of my vehicle being marketable.

Ferrari's 458 Italia uses an Aluminum chassis, why exactly does it cost so much? Is it because of it's Monstrous V8 engine, High Tech Suspension, Formula 1 Gearbox, or because it's just a Ferrari?

-Sorry for my Rumbling, back to my idea....-

Affordable Super Car: Looks expensive but it's not, fast as hell, and uses basic yet reliable car attributes.

But wouldn't it just be a Sports Car, since the price would be low? Yes, technically speaking it would be a Sports Car, but I want to attract people's attention so I'll call it a Super Car.

Replace Magnetic, Electronic Dampening, and all that crap with a basic double wishbone suspension with front and rear strut bars. I personally the handling can still be perfected to a certain extent with these basic car parts.

Engine Ideas: Highly Modified Toyota Inline 4 (Turbocharged)
Highly Modified Honda 1.6 V-Tech (Supercharged)
GM LS V8 (They're phasing this Engine out production)
Twin Turbo V6 (Like the Best, but cost is a major Obstacle)
l
Chassis: Aluminum Chassis....I don't know what else to say. Double Wishbone Suspension, Strut Bars, Make it as Light as Possible. Keep it Under 3000 lbs. Mid-Engine layout.

Interior: Not expensive leather that's straight ripped off the back of Cows in the beautiful Valley's of Netherlands, but Synthetic leather that's nice and soft. Sport seats.

Drivetrain and Gearbox: 6 Speed Manual, 6 Speed Single Clutch. I would like for it to be a 7 Speed Dual Clutch but obviously cost is a factor.

I know you think I'm underestimating the cost of actually starting a Car Company, but it'll a small company. I'll limit production to about 2500-3500 a year. No more than 25 Employees actually working on the development of the car. Sorry USA, but I'll outsource the jobs and have the limited supply shipped over. Shipping is expensive, but I won't be shipping alot of vehicles. Maybe 100-250 a Month.

Ariel Motor Company has 7 Employees. Yes they're cars can be built by hand in 1 day and yes they only make about 100 or so per year, but they're concept of inhouse produduction show that it's possible.

I came up with some Designs, but they're not anything professional. They don't have dimensions. But they're just basic designs, not blueprints.

Your Thoughts?

[GregV]

Originally Posted by FRSDREAMER

NEW IDEA...

Affordable Supercar:

Now the average Vehicle cost about 2-3k to Produce this excluding manufacturing cost, Materials, shipments, Worker wage, machinery and etc.

So in theory a vehicle that cost 20k is not a profit for automobile company in reality they're actually making they're money from leases which would be about 35-40k for car that originally cost 20k.

Well the question is, how can I make a Ferrari type vehicle that's under 40k for the Consumer?

The Question is the novelty in terms of my vehicle being marketable.

Ferrari's 458 Italia uses an Aluminum chassis, why exactly does it cost so much? Is it because of it's Monstrous V8 engine, High Tech Suspension, Formula 1 Gearbox, or because it's just a Ferrari?

Where did you get this idea? Assuming someone accepts your figure of "2k/3k" for the manufacturing materials of a car, this still does not account for the research and development costs, product testing to ensure DOT compliance, manufacturing facility maintenance & utilities, labor costs, insurance costs, etc.

What you are proposing is a pre-assembled kit car company. If you have quality construction and design, companies like Factory Five are proof you can be profitable, but this is hardly a new concept and it doesn't seem you've done the research on the true costs involved.

[Justin.b]

For the storage idea, there are already plenty of options available for that. Sorry.

For the supercar idea, you're way off on your costs - especially the development / certification costs. You've also got to compete with the Miata and FR-S/BRZ that live around the $25k price point, come from reputable manufacturers with full warranties and dealer service departments across the US.

The car you want to make is already sold here as a kit from Caterham (well, except for the looks part).

-Justin

[GregV]

You are 15 years old and already have a good start in computer programming it seems. Take some business/marketing classes in school, learn some more programming languages, and start your own web design firm.

[FRSDREAMER]

Originally Posted by GregV

Where did you get this idea? Assuming someone accepts your figure of "2k/3k" for the manufacturing materials of a car, this still does not account for the research and development costs, product testing to ensure DOT compliance, manufacturing facility maintenance & utilities, labor costs, insurance costs, etc..

That's included in the 'etc' in my statement.

[FRSDREAMER]

Originally Posted by Justin.b

For the storage idea, there are already plenty of options available for that. Sorry.

For the supercar idea, you're way off on your costs - especially the development / certification costs. You've also got to compete with the Miata and FR-S/BRZ that live around the $25k price point, come from reputable manufacturers with full warranties and dealer service departments across the US.

The car you want to make is already sold here as a kit from Caterham (well, except for the looks part).

-Justin

I'd say if I was given 2 Million to Start, I could make it happen. Tesla recieved 7.5 Million dollars in funding, but they produced High Tech Electric Vehicles which would require alot more extensive research and development than the car I'm hoping to develop.

And the Caterham would not be your ideal daily driver, even for a Young Single Man in a Hot Climate. Now the Caterham 21 is something similar along the lines of the vehicle I'm hoping to develop. But NO Convertible.

[GregV]

Originally Posted by FRSDREAMER

That's included in the 'etc' in my statement.

Ok, I misread that statement, but now it makes even less sense. What is the the $2000 derived from after

excluding manufacturing cost, Materials, shipments, Worker wage, machinery and etc.

?

[FRSDREAMER]

Originally Posted by GregV

Ok, I misread that statement, but now it makes even less sense. What is the the $2000 derived from after ?

Well I heard the rule of thumb is divide the Car's MSRP by 5 and you would have the cost to produce the vehicle, hence excluding all the other expenses. So the cost to produce an FRS is 5k, and the Lamborghini Aventador cost 77k to produce. This is just from what I've heard.

Originally Posted by GregV

You are 15 years old and already have a good start in computer programming it seems. Take some business/marketing classes in school, learn some more programming languages, and start your own web design firm.

I considered this, but what would differentiate me from other companies?

[GregV]

Originally Posted by FRSDREAMER

I considered this, but what would differentiate me from other companies?

What will differentiate your storage service or sports car from other similar companies?

There are hundreds of thousands of companies in need of a web presence, with more being established daily. There's a lot of business to go around. What you want to set yourself apart is quality work and customer satisfaction. The rest comes down to branding and marketing.

[FRSDREAMER]

Originally Posted by GregV

What will differentiate your sports car from other similar companies?

An awesome looking Mid-Engine Sports Car for a low price with a Nice Interior and Reasonable amount of Power. That Lotus Elise's lackluster interior and high price is what I think held it back from success.

Originally Posted by GregV

There are hundreds of thousands of companies in need of a web presence, with more being established daily.

In Need? It's a fairly big market so I wouldn't have expected Web Design to be in Demand? Are you sure? I will seriously consider doing Freelance Web Design if there's really a Big Market for it?

[S2kphile]

Here's what I'll add since everything on here has already been said. And I'll put it number form so it'll be easier for you to understand.

1. Pay attention to details
2. Prepare to work long hours in order to make your plan come to fruition
3. Hire smart people. People who get what your trying to do and want to be a part of it.
4. Lastly and more importantly, EXECUTION. Being able to execute your plan well will be the biggest reason you fail or succeed.

I've seen plenty of people have great ideas/plans but poor execution.

Take it from a person who co-owns a couple of local businesses & stocks from major companies.

Good luck and I'm loving that you're thinking big at your age.

[Dimman]

Car idea shows you need to do TONS more research into manufacturing.

Though I would need to do TONS of research to comment on the data storage idea.


Stick to your strengths.

[FRSDREAMER]

Originally Posted by Dimman

Car idea shows you need to do TONS more research into manufacturing.

Though I would need to do TONS of research to comment on the data storage idea.


Stick to your strengths.

I accept constructive criticism whole-heartily. I wouldn't have planned on putting the car idea into reality until I graduated from college with a Mechanical Engineer Degree/Computer Science and have taken some Business Production Courses.

I do have a question though referring to a previous post...is it possible to become a Millionaire through a Web Design Company?