Saturday, October 1, 2011

How did people like Ford or Ferrari start their own company?

It's a crazy goal but I want start my own car company as a lifetime goal and I am only 18. I don't mind die trying.


I think you have to build a kit car but thats all I know





Advices also please like what should I be doing now or what should I major in college. Thanks|||Not only did Ford or Ferrari come in at the very beginning of the auto industry ... they helped start the industry.


If you look at the history of the car business, you'll see that very, very few people who came in at the middle of the business or when it was a maturing industry succeeded.And some of these people were industrial geniuses, like Henry J. Kaiser -- a truly great man and visionary. In fact, the latest company to try it, Tesla, may probably go out of business shortly.


Instead of trying to start your own car companny like Henry Ford, think of starting a car company in a niche -- a specialized branch of the auto business, like three-wheeled cars, all-electrics, diesels, single-person cars, cars on rails (like trolley cars).. You may not become a Henry Ford, but you can do very, very well.


|||its not practical. Also, the companies right now have such a history and strong holding that they will drive you out of business before you even start. Banks wont give you loans because they know they wont get their money back and how bad the economy is currently. Also if you have to ask, you have no idea what you are getting your self into.|||You have to go for the niche. In mass market your chances will be 1 in a million. You have to come up with a different idea and educate yourself in every aspect of building up that businness. It will not be easy but it can be done. Do not let anybody tell you otherwise.

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