Think of a Factory Five kit car as the ultimate adult Lego set. The premise: An average weekend warrior, armed with basic tools and about 250 hours of spare time, can build a hot rod, a midengine supercar, or a replica Shelby. Spend $19, 990 for Factory Five's Mk4 Roadster kit, add an engine, transmission, wheels, and paint, and you have a sweet Cobra for less than $35, 000.
Yes, the term "kit car" still carries a bit of pejorative sting. The early days of this automotive sub-industry included machines that were unappealing concepts (art deco roadsters based on Volkswagen Beetles), had parts that didn't fit (this was before computer-aided design), or both. Not so anymore. Modern kit cars are designed using 3D CAD software and engineered around powerful, reliable running gear like GM V-8s or Subaru flat-fours. A half-million-dollar laser CNC machine cuts parts with accuracy to within a hundredth of a millimeter, so the pieces actually line up.
Even so, the prospect is daunting. Can a half-competent wrench jockey like me really build a whole car? I'm at Factory Five's Massachusetts headquarters to find out.
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Before me is a red fiberglass body and dozens of boxes that, I'm told, contain the raw ingredients of a car. Three employees help me gingerly lift the body off its tube-frame chassis. Then, we start wrenching.
Today, our goal is to get this car rolling, with brakes, suspension, and tires. Almost immediately, I screw up. I bolt the lower control arm onto the chassis only to discover that I've used the wrong spacers. If I'd slowed down and read one step further in the assembly manual, I would've known better. When founder Dave Smith walks in, I ask whether my handiwork is besmirching the company's good name. That's not something he worries about. "Early on, " he says, "a consultant said that one of our biggest issues is that our name is on the final product, but we don't control the quality." But that hasn't created any problems. "People are invested in what they're building, " he says. "They build their cars to a standard that we wouldn't even go for ourselves." I'm not sure if that'll be the case for me. Have you ever been deep into a piece of Ikea furniture and realized that you bungled something 15 steps back? That's where I'm at. But I fix my mistakes and make progress.
A real Shelby Cobra costs seven figures. Factory Five\\’s kit version is less than $35, 000. you just have to assemble it yourself.
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"We don't structure the build for speed, " R&D director Jim Schenck says. "It's designed to deliver periodic rewards so that you don't get discouraged." I backtrack, swap the spacers, and continue. Soon enough, I'm lifting the 8.8-inch solid rear end into place with a floor jack and mating it to the chassis. The suspension goes on, followed by the hubs and brakes. The wheels are especially satisfying, the whir and rattle of the impact driver tightening the lugs on the studs. I've been in here for three or four hours, but it feels like minutes. I would've bungled more than a few steps without Schenck's help, but I feel like I could do this.
I walk outside to fire up a completed Mk4. This one's got Ford's 5.0 Coyote engine, found in Mustangs. It's a popular option with plenty of power, and the result is a balanced, controllable car. But it drives like you're riding a grenade-powered skateboard. It feels too raw for the street.
In a way, it is. You can't just buy a car like this from a dealer. The thicket of regulations that govern modern vehicles means that building a kit is the only way to get a new car that's exempt from rules about stability-control systems and ignition interlocks. That changes next year with the Low Volume Motor Vehicle Manufacturers Act, which will allow a company like Factory Five to sell as many as 325 kit cars per year fully assembled.
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But skipping to the finished product, I found, is missing the point. Only when these parts are scattered all over your garage and you're muscling a torque wrench to the positive click of 190 lb-ft do you appreciate the artfully orchestrated amalgamation of parts that gets you to the Quik Mart. Where, incidentally, a woman pulls alongside my silver and yellow Mk4 and declares, "Badass." I smile, waiting for her to ask who made it.
Senior editor and columnist. He's now based in North Carolina but still remembers how to turn right. He owns a 2009 GEM e4 and once drove 206 mph. Those facts are mutually exclusive.
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Smart entrepreneurs know that selling digital products has a giant list of advantages over selling physical products. The biggest one being high potential profit margins!
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With just a computer, or mobile device, and an internet connection you can make a digital product worthy of selling. You don’t need physical materials, factories, or a large staff.
Digital products are a great way to generate passive income. It’s time for you to create and share something wonderful with the world! But what type of digital product should you start with?
Get ready for some digital product ideas and inspiration. Here is our short list of thetopdigital products you can sell online. Read on or skip around:
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EBooks are one of the most popular digital products for both creators and customers. They are relatively simple to produce since they require little more than written text and a few relevant images.
EBooks are simple to distribute on large marketplaces or self-created online stores. They’re easily consumed by customers, who can read them on e-readers, tablets, computers, and even their mobile phones.
The beauty of creating eBooks is that you can share almost anything you know or are passionate about. You can educate, advise, or curate existing content with an eBook to then sell on your website.
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People use computers and mobile devices every day. Code writers and product developers can make apps that people want and need to speed up business tasks and daily life. Software can be the most profitable digital product.
From large enterprises, to small businesses, down to individual users, here are just a few examples of the types of software products you can make and sell:
Selling software online is something we know a lot about. We created Easy Digital Downloads to sell our software. We use it every day.
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We’ve helped thousands of companies sell software! EDD powers ecommerce experiences for more than 17 million customers, and that’s just in the Awesome Motive family of products.
Instead this software is run in a web browser. This type of software is also known as SaaS (Software as a Service). These businesses may not be “digital products” in the truest sense, but can be sold the same way. And customers use and perceive them as similar.
Many software creators find themselves faced with the choice between building a web-based SaaS app or a distributed, installable program. The ecosystem for SaaS’s is huge. Here are some digital product examples for SaaS, many of them names you’ll be very familiar with:
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SaaS products usually have subscription pricing (recurring payment models). Customers pay a monthly fee or annual fee for access to the tools/apps/services.
Graphic designers and artists can create a wide variety of unique and valuable products. Selling digital files allows access to a huge customer base.
These apps make it easy for non-professionals and professionals alike to quickly make beautiful designs using only a web browser. They are fantastic for beginners.
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You can sell templates for this expanding market. Use the design skills that you already have. All you need is a free Canva for VistaCreate account! Be sure to consider this easy win!
Fonts and typefaces are great examples of digital products which are always popular. Customer preferences constantly change, and designers always need new fonts.
Fonts can be created and distributed for use on the web by website creators, or for use in desktop applications like Microsoft Word and Adobe Photoshop.
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High-quality, premium photos are one of the most sought-after digital products today. The biggest consumers of online photographs are bloggers and website owners.
One challenge is that photography has become a crowded market. It’s hard to sell photos at a high price. It’s difficult to earn what
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