Power, speed and performance – those are the three major traits of a muscle car. When first produced, muscle cars were just pretty darn amazing because they combined the efficiency of a lightweight, mid-sized body with the performance of a high- power V8 engine and special design features that further increased the cars? acceleration capabilities. Because muscle cars topped all other vehicles in terms of power, speed and performance, they were ideal for racing.

Muscle cars were produced from the mid-1960s into the early 1970s, but the production of such beasts fell drastically due to a number of factors. First was the controversy over whether it was wise and responsible to make such powerful vehicles available to the general public, primarily due to road racing. Because muscle cars were often used irresponsibly, liability relating to them was pretty high which forced insurance companies to increase rates for insuring muscle cars. Emission control requirements intended to curb pollution also played into the picture making it near impossible for automakers to produce muscle cars that met the standards they had to adhere to.

Needless to say, the muscle car industry changed quickly due to these influences. Demand decreased because many ?would-be? buyers of muscle cars couldn?t fathom paying the enormous insurance rates for a high-power vehicle and automakers had to meet the challenges presented by pollution control standards.

Since muscle cars were produced for a limited number of years, they are valuable items for collectors and are still highly desirable to those who enjoy racing or desire a quick, powerful, mid-sized car. Since the decline in the production of muscle cars, some automakers have attempted to bring the muscle car era back to life by producing powerful vehicles that resemble the legendary muscle cars, but in my opinion, they don?t hold a candle to classic muscle cars like the GTO, the Road Runner or the Chevelle SS.

It will be interesting to see how the history of muscle cars plays out. Will present day automakers renew production of true muscle cars that are fast and powerful? Will there be enough demand to make muscle car production worth it to them? Or, will muscle cars continue to be limited to those classic models that were produced in the 60s and 70s?

Classic muscle cars are pretty amazing pieces of machinery. One that is restored and in cherry condition is really worth a lot of money. As time goes on, there are fewer muscle cars available which makes them even more valuable to classic car collectors and muscle car enthusiasts.

The Secrets Of Starting A Successful Ebay Business
Tim Knox
1aa8 Q: I hear so much about people who started selling on eBay and eventually turned it into their full time business. Is it really possible to build a profitable business just selling junk on eBay? -- Alex K.

A: If Fred Sanford were alive today, Alex, I'm sure he'd be earning his ripple money by selling quality junk on eBay. While it's also true that one man's junk is another man's treasure (I have a garage full of treasure to prove this point), your chances of building a profitable business selling junk on eBay (or anywhere else, for that matter) are slim to none.

While there is a lot of junk/treasure for sale on eBay, it is typically sold by individuals who have I break for yardsales! bumper stickers on their cars and not serious business people.

For serious entrepreneurs, however, selling on eBay can be a good way to start a new business if you are willing to put in the time and energy required to make the business a success. eBay is also a good option for existing businesses to expand their reach by selling online.

Everyone from small used car dealers to giant companies like Dell Computers have discovered that eBay is an excellent place to hawk their wares simply due to the huge number of folks who visit the eBay site on a daily basis. Nowhere else on earth will you find such a large pool of potential customers.

Consider these numbers: · There are nearly 69 million eBay users who spend $59 million every day. · Most eBay sellers are home-based businesses that sell every- thing from porcelain dolls to locks of Elvis' hair to $100,000 Mercedes convertibles to $5 million dollar vacation homes.

· Every minute of every day more than 150 new items are listed for sale, more than 500 bids are placed, and seven new people register to shop on eBay.

· At any given moment, eBay is conducting some 12 million auctions, divided into about 18,000 different categories.

· About two million new items are offered for sale every day, and 62 million registered users scour the site to find them. · One company is grossing more than $5 million dollars a year selling brand new pool tables on eBay. Their eBay store is so profitable that they have closed their retail location and now sell solely online.

That's right, $5 million dollars from the sale of pool tables: proof that you can sell just about anything on eBay if you know how to do it.

Be aware, however, that eBay is no magic bullet. As any eBay Power Seller (a seller who sells a minimum of $1,000 in goods per month) will tell you, building a profitable eBay business takes hard work and requires long hours, and often the financial rewards do not make it worth the effort spent.

When it comes down to the mechanics of it all, running an eBay business is no different than running a brick and mortar business. You still have the same considerations regarding product selection, inventory purchasing, product pricing, inventory management, order processing, fulfillment, customer service, etc.

You must also consider the legal and accounting aspects of the business. Just because you're selling online does not mean that Uncle Sam won't expect his piece of the pie. Revenue generated by an eBay business is just as reportable and taxable as revenue generated from a brick and mortar store. And if you sell to customers within your state you may also be responsible for collecting city, county or state sales tax.

One of the biggest obstacles to building a successful eBay business may be the stiffness of the competition. Many sellers sell identical items and the price wars often get ugly, but that's to be expected in a free market place, which is exactly what eBay is.

You may be the only store in town that's selling that one of a kind, custom made just for you, broke the mold after they made it, Dale Earnhart Memorial Bobble Head Action Figure (Earnhart fans would string me up if I called it a Doll), but do a quick search on eBay and you'll probably find a hundred others just like it.

So, can you build a profitable business selling on eBay?

Certainly, thousands of people have done it and so can you.

Here are a few tips to help get you started.

Sell Quality Products Don't sell junk! Leave the knick-knacks and fake leather jackets to the less informed. You should offer only quality products at a fair price.

Research The Competition Once you have your product in mind, don't invest a dime on inventory until you have spent some time on eBay to see what the competition is doing. If you want to sell motorcycle helmets, for example, you should look at current auctions to see how many others are selling similar helmets and what prices they are charging. This step is vital since you may discover that you can't compete with current sellers on price or there is simply no market for what you have to offer.

Start Slowly Many people believe that the more items they have for sale on eBay the better. They will invest thousands in inventory and spent hundreds on listing fees (yes, eBay charges you to list items for sale and collects a final fee if the item sells). Those are the folks that usually end up with ten thousand Ginsu knives forever in their garage.

Test, Test, Test A fair portion of eBay auctions result in no sales, so it's best to test the waters before jumping in with both feet.

List a few items and see how they sell. If an item doesn't sell, list it at least twice more. Some items might not sell the first time, but may the second or third, then sell steadily from then on.

If an item gets no bids the first time, consider adjusting your price or your terms. If an item sells well, keep it in stock and then experiment with another item.

Do Your Homework eBay is too broad a subject to be covered fully here, but there are a multitude of books available that can help you start an eBay business. In fact, I bet you'll find most of them for sale at this very moment at eBay.

What's my bid…

Here's to your success.

Tim Knox tim@dropshipwholesale.net For information on starting your own online or eBay business, visit http://www.dropshipwholesale.net

Tim Knox Entrepreneur, Author, Speaker http://www.prosperityandprofit.com http://www.dropshipwholesale.net http://www.smallbusinessqa.com http://www.timknox.com

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