Re: So , BARRY GRANT has gone under
predator anyone ?
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Re: So , BARRY GRANT has gone under
one of the dangers about building a better mousetrap is the original mousetrap maker can take their business back; add to that problem when you're on top, there will be lots of guys out there trying to (and in some case bettering) what you do.
I dunno about the cause(s) of his company's demise, but I respect Barry Grant for remaking himself into who he is, not for what he built.
As a builder, this is an awesome time to be alive because there are so many folks out there making great products... problem is with that kind of fracturing of the market; it's hella tough to make a profit (and it was tough before)...
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Re: So , BARRY GRANT has gone under
I had good luck with a Speed Demon and later a King Demon and I think he pushed Holley as well. Not all innovators are ultimately good businessmen and our current times are testing even the most savvy.
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Re: So , BARRY GRANT has gone under
Originally posted by RebeldryverOriginally posted by grouchoOriginally posted by HEMI.Catering to advertisers maybe?
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Re: So , BARRY GRANT has gone under
Originally posted by HEMII've never used any of his products,but read plenty of negative comments on the net.However,
the print media and t.v. shows loved his stuff,perfect right out of the box.Catering to advertisers maybe?
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Re: So , BARRY GRANT has gone under
Originally posted by RebeldryverOriginally posted by grouchoOriginally posted by HEMI.Catering to advertisers maybe?
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Re: So , BARRY GRANT has gone under
Originally posted by grouchoOriginally posted by HEMI.Catering to advertisers maybe?
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Re: So , BARRY GRANT has gone under
Originally posted by HEMI.Catering to advertisers maybe?
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Re: So , BARRY GRANT has gone under
Originally posted by HEMII've never used any of his products,but read plenty of negative comments on the net.However,
the print media and t.v. shows loved his stuff,perfect right out of the box.Catering to advertisers maybe?
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Re: So , BARRY GRANT has gone under
I've never used any of his products,but read plenty of negative comments on the net.However,
the print media and t.v. shows loved his stuff,perfect right out of the box.Catering to advertisers maybe?
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Guest repliedRe: So , BARRY GRANT has gone under
Originally posted by BuickguyOriginally posted by JeffMcKCCompanies that keep a tight rein on the balance sheet are not in trouble and have no problem getting money.
The problem is when you have success it goes to your head and you think it will always be there, when your a small niche company and you think your a Big Company you get yourself in trouble. Its all about the Benjamin's
x2
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Re: So , BARRY GRANT has gone under
Sometimes the headaches of running a business become to much and it's time to move on. Trust me Barry isn't walking away from this broke. ;)
Basically soak up all the money and hide it, make the business look like it's failing, then liquidate and settle you debts at pennies on the dollar. Only to open a new company a few years down the road after everything settles. ;)
Sadly this is the way a lot of the big performance companies and other companies got their start.
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Re: So , BARRY GRANT has gone under
Originally posted by MonkOriginally posted by RebeldryverIt's a combo of things. The banks nearly dying from the mortgage meltdown and not very open to hand out loans to anyone, including businesses. The other thing is a large percentage of American companies borrowing money to cover payrolls and to buy inventory, or materials for manufacturing. Add to that, all those people out of work and not buying much of anything that is a toy and you've got a company going under quickly.
in the housing side.....you can have 20% down, credit score
of 750 and still not get a loan
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Re: So , BARRY GRANT has gone under
Originally posted by RebeldryverIt's a combo of things. The banks nearly dying from the mortgage meltdown and not very open to hand out loans to anyone, including businesses. The other thing is a large percentage of American companies borrowing money to cover payrolls and to buy inventory, or materials for manufacturing. Add to that, all those people out of work and not buying much of anything that is a toy and you've got a company going under quickly.
economy.........see it in mine every day
good solid companies that can't get a line of credit
to carry them through......then brings consolidation
in the housing side.....you can have 20% down, credit score
of 750 and still not get a loan
banks are going to have to loosen the purse strings
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Re: So , BARRY GRANT has gone under
Heard through the grapevine...it's a plot by corporate interests and big govt to ensure FI takes over the world; shouldn't be at all surpised if Coonce sums it up in his next column. :P
I've never owned a BG product but certainly heard lots and lots of stories -- good and bad -- about both the man and his products. Maybe the truth is somewhere in between? In any case, it's never in the best interests of hobbyists and enthusiasts when there's one less player in the mix; it doesn't help quality, price or after-sale service. And it must be a tough business, going head-to-head against Holley, Edelbrock, QFT, mail-order house carbs plus all the boutique outfits and re-builders.
Leaves me wondering how many aftermarket performance carbs get sold anymore in a year? And how sales have been trending over the last several years?
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