Posted by Goose on December 30, 2012 at 09:39:53 from (70.198.1.148):
In Reply to: Re: extra income posted by Edd in KY on December 30, 2012 at 06:57:56:
I always said, one way to succeed is to specialize in doing something no one else wants to do.
Back in the middle to late 1980's and early 1990's, I made a full time career out of rebuilding rusty Chevy pickups, both for customers and buying, rebuilding, and reselling.
Whether a customer's or my own for resale, I could put a few hundred dollars worth of repair panels and paint, and a week's labor into a pickup and make $600-$800 on it. Not bad money back then, even after subtracting overhead.
And I did it right. Wherever there was rust, I cut the rust out and welded new metal in. Then used a minimum of filler to level it. Word got around, and I had plenty of examples on the street. For a few years I had more work than I could handle without even advertising.
Nowadays, pickups don't rust as soon or as bad, and the market has changed, so there's not enough of a price spread between a rusty pickup and a pristine one to make it worth while.
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Today's Featured Article - History of the Cockshutt Tractor - by Danny Bowes (Dsl). The son of a very successful Toronto and Brantford, Ontario merchant, and himself quite an entreprenuer, James G. Cockshutt opened a business called the Brantford Plow Works in 1877. In 1882, the business was incorporated to become the Cockshutt Plow Company. Along with quality built equipment, expedious demand and expansion made Cockshutt Plow Works the leader in the tillage tools sector of the farm equipment industry by the 1920's.
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