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  1. M

    rims for wheels business

    Yeah, solid works or CAD. You need to design the wheel, and put that drawing in solid works or CAD into a mold design for the mfg process. I am no expert on making mold, but in order to do it you will need those software anyways.
  2. M

    rims for wheels business

    Forging and casting both are not determinant in the quality of the rim, the process of forging or casting is, based on your machines, the operators, and how you control the temps and pour etc. Because forging is like making a sword (heat up and hammer, or cold forging which is heat up less and...
  3. M

    rims for wheels business

    Right, and making rims goes beyond a CNC machine (good that you have that taken care of). Rims are either made by casting or forging. For the former, you need to have a mold and a way to melt aluminum. For the latter, you must have a forging press to hammer the aluminum into shape. Both are...
  4. M

    rims for wheels business

    Manufacturing rims are tough man, unless I am mistaken most of the big niche names like 360 forge and Strassforge all make theirs in house with their own machines, let alone the BBS and WORKS of the world. Quality is everything, so when you outsource cheaply 2 things will happen, you end up...
  5. M

    Who want's to invest in a record label?

    True that. I used to be a Myspace musician many years ago (when myspace music didn't even exist and I had to use a third party plugin). I was a rapper (lol), and combined with my myspace and soundclick I had over 30k plays and that was a far stretch from even being somebody. I am still on...
  6. M

    Top 10 reasons you will never be successful

    MINDSET 
    Great post, this holds true whether you made a dollar or a million. The next step above will always be harder and require the same drive and patience.
  7. M

    S&P downgrades US credit rating from AAA

    I think one of the most probably impact of doing business from the decline of the American economy and trust worthiness, is the ever increasing needs of credit lines... until now unless we are dealing with massive amount of money changing hands, no small business ever find the big need for...
  8. M

    Disadvantages for private equity, when you're the investor?

    PEOPLE 
    Are you talking about the securities exchange act of 1934? You can sell equity to investors if you are 1) an equity owner or 2) an executive officer or board member. I am not a lawyer so don't take my word for law, but that's how its done from the various deals I've seen.
  9. M

    Your attitude on doing business with offshore companies

    As easymoney said, it's much simpler when it comes to stuff you know and have experiences with.
  10. M

    Your attitude on doing business with offshore companies

    Anything outside of the border is a free for all, have fun going through the claims process to collect your receivables on a company that's across the pond. Same applies for ppl you sell to, and the ppl you collect from... there has to be a good relationship. One benefit is that if you have...
  11. M

    Disadvantages for private equity, when you're the investor?

    PEOPLE 
    If you have ever tried to invest into private businesses, you will know how impossible what you said becomes... lol
  12. M

    Disadvantages for private equity, when you're the investor?

    PEOPLE 
    You're trying to start up a PE / VC? Or invest into a fund?
  13. M

    Disadvantages for private equity, when you're the investor?

    PEOPLE 
    As an investor in a PE fund? Minimal to no risks at all other than a loss of all your money. The money is usually managed in a fund holding company, in which you are a limited partner, and the fund holding company invests into a the fund's management holding company as a limited partner, and...
  14. M

    PROGRESS THREAD: Lamboman350K (New Product to Market)

    EXECUTION 
    Supply chain is pretty fun, if you are into this kind stuff and likes walking around warehouses, production lines, big rigs, and container ships :) I love them so it's been a great journey for me. Since you go to Rutgers, maybe we should grab coffee sometimes to chat. I was only asking...
  15. M

    PROGRESS THREAD: Lamboman350K (New Product to Market)

    EXECUTION 
    Been following discretely via my email feed... good job, you have been an inspiration. BTW, what do you mean by local bank's interests? That caught my attention. I attend Rutgers too... for Supply Chain Management MBA... do we know each other? :rofl:
  16. M

    Mentor needed...

    She has piles of money, you have time, your patience does not cost you money. Don't see why she is not a suitable candidate to learn from.
  17. M

    PROGRESS THREAD: Lamboman350K (New Product to Market)

    EXECUTION 
    hey lambo, good to hear! which school are you attending?
  18. M

    Need help finding article

    Thank you so much, read it while I was bored in class last night, and I forgot where I found it on here :) Spent an hour searching for this!
  19. M

    Need help finding article

    I once read an article here, about a billionaire who was worth approximately 3.5b USD, owned a credit card debt financing company, but lost it all when him and his company was indicted for fraud or something, but since then he has made most of his money back. He is currently in his 60s. I've...
  20. M

    Do the Rich Work Harder?

    You should try doing astro-physics as your PhD lol

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