[Esel Mann]

Some thoughts,

- Yes folks would be willing to pay 2x, but certain conditions apply. Not sure exactly what you are making or desire to make but, either you demonstrate your tool allows the user to do XYZ quicker, or what is currently out there needs to be absolute crap or, or the tool is simply not available or no longer available. When I say crap I mean crap and not opinions. As in the tool simply will not do as advertised or only lasts for a very, very limited timespan.

- Can you perhaps make the case for a niche market? Power tools is very broad in scope. Niche markets are where a small operation can potentially survive. Too many headaches for the big boys.

- Have you toured the factory of any tool makers here in the U.S.? Or perhaps already have tool making experience? Where the experience is around medium to high volumes? If not, I suggest you do. It will be a sobering experience. Reason being everything is highly automated these days. Even used equipment can lead to $$$$. You will need to stockpile $$$ as you will be spending it, long before any $$$ comes in.


All this aside, you have a hankering that is entrepreneural. Kudos to you! Explore it! But do your homework up front before plunking down any $$$. And be sure that whatever you embark upon you are in a position where you do not need any $$$ from the operation to live off from anytime soon (this is a trap many fall into).


Yes, one can still manufacture in the U.S. However one must smart about it, tenacious, and willing to delay instant gratification.


Best wishes fellow entrepreneur! And remember the only person who will stand by you is you. You must be the champion of your goals and desires. No one else is willing to take the risk.


Regards,
Carlton