Posted: Fri Feb 25, 2011 10:26 am
I quite often refer to an experimental aircraft website which is quite useful for design and materials sections. If you google "pilotfriend.com" it should take you there.
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Even with the volumes that the Thatcher designs have sold, there is barely enough income to call this a full time job, let alone pay for a stress engineer or make an actual profit. He's made that money over 7 years so that's $23,350 a year. He's now in his late 70's so he was probably already financially sound and not relying on the income to feed the family.Nick Allen wrote: I'm not sure that's the only business model that works. Take your Thatcher, for example: Thatcher has sold to date 454 sets of plans @ $360 apiece = $163,440. That's really not bad -- he could have afforded a stress engineer out of that!
Point taken about not being a good basis for a business but it's a fantastic return on a hobby!Charles Scott wrote:He's made that money over 7 years so that's $23,350 a year.