Starting an Automotive base business, Pros? Cons? Am I Crazy Options

[Jaiden]

So I have been contemplating dropping my current career (more on that later) and starting fresh with my own Auto Based business.

I know the Automotive world is tough but I was looking for some insite. There is no suicide smiley is there!! Ha!
I would like it to be a design/ manufacturing/ Testing Business but would start out as a retailer/ installer/ Business.


What do you guys think!

Let the Crazyness begin!

[Jaiden]

Thanks for all the Advice guys!!

Let me give you a little back story.

I'm currently a systems engineer for a company that produces ultra-sonic Laser Sonar equiptmet for the metrology sector of Semiconductor. I have been doing Micro-Electronics and Semiconductor Design, Manufacture, Implementation, Installation, and Service for the Past 10 Years.

To be honest I think starting my own business will actually be a break for me. I currently travel 50% of my time 2 weeks to a Month at a time all over the world (Mostly Asia recently). My wife can deal with me not being around much but she would really like to keep me in the country (so would I) and Since on the road I pull 80 hour work weeks I think I can handle the late nights and weekends.
The money is good though.

For the business end I have gained an abundance of experience with some of the highest Tech stuff on the Planet and I would be using that as my niche. I will be taking these technologies and integrating them into the Automotive industry.

I have a plan set up forcast for the next 10 years and my profitability shows up in the second year so I might want to dillute some of the expected income to give a more realistic time frame.

I would love to give you guys allot more info on my plans but I don't want to let the cat out of the bag, but some of my ideas run around lean manufacturing techniques and a manufacturing method that "should" be able to deliver "Parts on demand".

Another part of the plan is to develope lower cost alternatives to some of the increadible electronics available for my current industry. Who really needs to measure thickness to the Angstrom anyway!?!?!?

Keep the advice coming because I have a schedule of the 1st of January to have the complete business plan finished to start polling investors and Banks!

I'll say this I may be in for a unsermountable amount of work but it is SOOOO exciting!!!