Who would buy a fiberglass Maverick Grabber hood if I made one??

I applaud your entepreneureal (did I spell that right?) spirit, Jeremy. Just make sure you do not set yourself up for failure.

First, the advise about checking with an attorney is sound. You need to make sure that you are not infringing on any possible patent rights or copyrights that may be out there manufacturing copies of anything. The reprocussions could be devistating.

Second, if you are going to start production of anything that you are going to market, you need to look into insurance to protect your personal assets as well as your butt in general. What do you think would happen if you manufacture and market hoods and by no intentional fault, one fails and causes damage or injury to someone? You could stand to lose everythng you have and then some. By the same token, you would have to look into the legalities of starting a business in where you live. I know this is just to suppliment your income, but the reality of what you want to do is not that simple in this "land of lawsuits and taxes". You cannot forget the IRS, also. They won't forget you!

You also need to make sure you have a viable market for what you want to sell. You will undoubtedly have to invest money to make money. It's a great idea to offer what is no longer available...if there is enough of a market to make it worth the aggrivation and work as well as investment. To make molds and whatever else you need as well as the resin, etc. you have to buy and to only be able to sell very few of them may not make it worth the investment. You have to do your homework on this before you get started. I've looked into a couple of reproduction ideas and never followed up on them because the long term return potentials simply weren't worth the investment. I got beat out on one involving Pinto windshield gaskets, but I don't regret it because of the limited sales potential. What I was looking to do was to get another investor or two to foot the initial bill for the mold. It almost happened but because of their hesitation, someone else took the idea and invested their own money. I refused to invest my own funds because I did my homework and knew the risk of loss was high. Granted, now I have no benefits on this idea, but you have to weigh the risk/benefit ratio and the risk outweighed the benefits on this one. It was worth a shot, though.

I'm not trying to rain on your parade, just the opposite. It would be absolutely great if you can be a success with your ideas. I just don't want you to get yourself into a situation where you have money, time, & blood invested and find yourself in a jam because you didn't set up things correctly from the start. I found myself in just this same position when I decided to start a small parts sales business. I decided to do it as a legimate busines, registered with the State and everything. I collect sales tax from sales in the State, I file taxes and do a Schedule C on my 1040, and keep everything above board. The good thing about doing it this way is the tax breaks and if you do it as a home based business, the benefits are very good, as long as you follow the rules. We also keep good books in case of an audit. It's not hard with the software out there.

Just be careful. If you have the market and can do it right, get jiggy with it! Do it right, and your family benefits just like you want.

 

Good advice, Wes. I've had a bad experience having a DBA. Uncle Sam wasn't as kind to me.

Jeremy, good luck to you and your endeavor.

BTW, personally, I' prefer a 3-4" cowl type hood - no 'nostrils'.



Good luck,


Rick

 

Jeremy; I would like a regular grabber hood. If you come up with one, let me know. BTW, seat tracks have not arrived as of now.

Earl

 

Hi earl, ups is showing that they should have been delivered to you this morning. I do have an grabber hood I acquired recently, and was in the process of ordering the scoop inserts from chandler for the hood, I was planning on selling it. I will attach a couple of pics, it is not perfect. The top looks REAL good with no rust, the bottom has some rust, I think most of it is surface rust, but in one spot has rusted through a little, additionally, the front lip inside shows signs of what may have been a repair job at one time. IF you are interested, pm me, and we can talk.

Thanks for the support on my adventures guys. The legal suggestions was a good idea, because I definetly would not want it to fly up and have someone sue me!! I am going to talk more with my father this weekend, and hopefully plan something out, and I am going to also have to attack it from the legal end too.

 

.

 

Jeremy; the seat rails got here about an hour ago. Thanks so much. The hood I have is a bit better than the one you have, so I will keep it and see about repairing it. These things are too good to throw away, no matter what shape they're in. Thanks again for the rails, and I will contact you if I need anything else.

Earl

 

You should make reproductions of the Grabber scoop inserts, and a slightly taller rear spoiler would be nice. Not real tall though, maybe a half-inch or so...

 

What would be the cost?

 

holy 3 yr old post batman

 

man, quit reserecting these old posts. let them rest in peace.

 

I read all the way through it before I figured out it was ressurrected...

 

lol me to not bd ideas though. he should make the spolier andsome other stuff.

 

Just in case anyone is still wondering.....


http://www.up22.com/amx68.htm#MA-185

I plan on ordering this fiberglass Maverick Grabber hood. Don't know if I want the front latch or not, but I know I want one that bolts to the hinge.

 

DUDE!! Thanks for that link. I once had an L-88 just like the LV100. It was bad azz, till it flew off on me . I have been wanting that one back on my car for 12 years now...

 

I'm figuring on using Mavman's carbon fiber stuff (although I may hold off on that hood); I liked his Grabber spoiler and plan on investing in one someday soon (when/if I ever get any money again *lol*). Not a big fan of fiberglass, I've heard some horror stories.