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P1 Automotive, 6 month update (kinda long) : OT

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Old Jul 23, 2003 | 05:07 AM
  #1  
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Default P1 Automotive, 6 month update (kinda long) : OT

Sorry mods, but the few that care are in this forum.


P1 was officially incorporated on Dec 6 2002, and the building lease signed in early March 2003. Now I find myself, 6ish months later, sleep deprived and realizing how good I really had it at my old desk job . It will be a LONG time before I can say “I make a living at this” but hopefully one day, that will happen.

After reviewing this months books, we are officially in the black, for July, as of yesterday…!!!!!! (next month will be another challenge)
Yes, I know the equipment lease and dyno are not paid for (wish they were, fixed overhead is staggering) but from an accounting standpoint, we are slowly on the way to making this happen. It will be many months, if not years, before I can claim a “real” salary at doing this BUT, I didn’t plan for this to be easy and liquidating the “Hatchcrap” was/is the only reason that I’ve been able to do this without setting up house in the homeless shelter.

Anyway, Thanks to all for your support. Hopefully the 12 month update will include even better news.


before


now



Later,

P.S. I can't sphell
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Old Jul 23, 2003 | 05:17 AM
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Default Re: P1 Automotive, 6 month update (kinda long) : OT (B18CXr)

fwd M3? wtf?
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Old Jul 23, 2003 | 05:20 AM
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Default Re: P1 Automotive, 6 month update (Willard)

nice pad man , its gotta be tuff, but stick with it.
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Old Jul 23, 2003 | 05:26 AM
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Default Re: P1 Automotive, 6 month update (itr206)

Keep at it Yack. You will do fine. My dad owned his own business for years and he told me it was a giant pain in the ***, but worth it especially if you enjoy what you do.. Keep us posted..

Members on the board should think about purchasing stuff through P1. Give the good guy some business..
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Old Jul 23, 2003 | 05:26 AM
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Default Re: P1 Automotive, 6 month update (itr206)



Still need to get down there and check out the facilities. I have one pig in need of an 18 psi dyno run, and another brick in need of a wheel swap.
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Old Jul 23, 2003 | 05:31 AM
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Default Re: P1 Automotive, 6 month update (kinda long) : OT (B18CXr)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by B18CXr &raquo;</TD></TR><TR><TD CLASS="quote"> sleep deprived</TD></TR></TABLE>

uhhhh.....yeah right.
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Old Jul 23, 2003 | 05:32 AM
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Default Re: P1 Automotive, 6 month update (Splat)

have one pig in need of an 18 psi dyno run

cool, we can log boost and such... so bring YO **** and we'll all that turns running her thru the quarter mile sprint on the dyno.
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Old Jul 23, 2003 | 05:33 AM
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Default Re: P1 Automotive, 6 month update (Johnny Tran)

lmao
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Old Jul 23, 2003 | 05:36 AM
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Default Re: P1 Automotive, 6 month update (Johnny Tran)

Sell the house and live in the shop.

Hang in there!
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Old Jul 23, 2003 | 05:37 AM
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Default Re: P1 Automotive, 6 month update (B18CXr)

nice see you in 31 days if you don't go to Cali you *****. LMS will rock you.
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Old Jul 23, 2003 | 05:41 AM
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Default Re: P1 Automotive, 6 month update (Floyd)

Sell the house and live in the shop.
Hang in there!



wish I had a house......plus too many black widow spiders in the shop to safely sleep


Yes Ed, I'll be driving out to the west coast to visit some peeps and vendors.
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Old Jul 23, 2003 | 05:46 AM
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Default Re: P1 Automotive, 6 month update (B18CXr)

Hang in there man, nothing better than being your own boss while doing what you really love. Dont be like me, a gearhead with oil & gasoline running through his veins that is a construction worker! If you can make the sacrifice now, in the long run it will all be well worth it.
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Old Jul 23, 2003 | 05:46 AM
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Default Re: P1 Automotive, 6 month update (B18CXr)

yack: bug bombs own black widows, brown widers and red widows.. brown recluses too.

-Dave, who pimps P1Auto stickers on his show kaa.
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Old Jul 23, 2003 | 05:51 AM
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Default Re: P1 Automotive, 6 month update (FizzleDaKlown)

Thanks for the update Yack... keep it up - and congrats on being in the black!!!
You are doing what most of us only dream about
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Old Jul 23, 2003 | 06:00 AM
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Default Re: P1 Automotive, 6 month update (Philly_NBP_R)

Yack I know me and about 3-4 guys will be coming down in the next couple weeks for some hard core dyno tuning. I can't wait for that.


Lee
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Old Jul 23, 2003 | 06:16 AM
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Default Re: P1 Automotive, 6 month update (FOrSfEd)

Yack..

first off congrats on the shop and progress it has been making, keep at it :thumup: It's people like you that we need to keep our hobby of motorsports alive..

Also about your products - on the webpage is that all the stuff you can get or is there more?
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Old Jul 23, 2003 | 06:21 AM
  #17  
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Default Re: P1 Automotive, 6 month update (kinda long) : OT (B18CXr)

just keep workin hard and it'll all work out
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Old Jul 23, 2003 | 06:38 AM
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Default Re: P1 Automotive, 6 month update (ian)

i'm sure u'll do u fine, i wish i had a place that clean in my area i could take my to
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Old Jul 23, 2003 | 07:28 AM
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Default Re: P1 Automotive, 6 month update (kinda long) : OT (B18CXr)

Been to the shop and it's nicey nice.

I've gotta make it up there again to get my beater fixed.
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Old Jul 23, 2003 | 07:46 AM
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Default Re: P1 Automotive, 6 month update (Splat)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Splat &raquo;</TD></TR><TR><TD CLASS="quote">

Still need to get down there and check out the facilities. I have one pig in need of an 18 psi dyno run, and another brick in need of a wheel swap.</TD></TR></TABLE>

Same here. Meet you down there one day next week
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Old Jul 23, 2003 | 07:52 AM
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Default Re: P1 Automotive, 6 month update (kinda long) : OT (B18CXr)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by B18CXr &raquo;</TD></TR><TR><TD CLASS="quote">fixed overhead is staggering</TD></TR></TABLE>

True. Kudos to you for taking the plunge
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Old Jul 23, 2003 | 08:04 AM
  #22  
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Default Re: P1 Automotive, 6 month update (kengs)

Hang in there bro. You ever need anything, let me know.
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Old Jul 23, 2003 | 08:24 AM
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Default

Good luck man.

Eventually when I get my car back running. I'm going to head up there regardless of how far it is to check P1 out.

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Old Jul 23, 2003 | 08:28 AM
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Default Re: (P1mpSlap)

if the business is coming in, you'll be rolling in green soon enough.
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Old Jul 23, 2003 | 08:32 AM
  #25  
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Default Re: (P1mpSlap)

cool to see progress for you, best of luck man!
the way these guys above give you good words and faith in your work, I have no doubts you'll do great by the 12 month report!

I wanna drive down too! ugh, thats a LONG drive!

When are you gonna give driving lessons?
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