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  #11  
Old 01-07-2017, 01:07 PM
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Sportfish ----- There is a Wood Workers Club and a Makers Space in Duluth. This might be a way to get firsthand information.
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  #12  
Old 01-07-2017, 02:26 PM
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Quote:
Originally Posted by CKM View Post
I've contemplated the same thing. But I'm afraid a fun hobby turned side business could ruin the enjoyment I get out of it.
I also enjoy some woodworking projects. If I was doing it for money I would hate it. Same thing with fishing. If I was getting paid and had to perform, I would hate fishing.

Make small useful items and give them as gifts (to those that want them). So many "craft" shops open and close and are full of "handcrafted" stuff that few want. Sooner or later the store closes.

If you value your time at all then you can never break even on about any wood project. Even the same goes for metal work (which I do). If you charge enough to pay yourself anything no one will fork it out to buy.

Another item to think about is product liability. I think about it anytime I make a repair for myself or an other person.

Not to throw cold water on your idea, but many have been there and done that. Keep it a hobby and enjoy the tranquility of just doing it. Then set back and admire what you just made.

Pooch
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  #13  
Old 01-07-2017, 06:29 PM
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I had a fairly complete woodshop, thought I could make gas/bait/beer money on the side.

Sold the joiner and planer, kept the rest and now make stuff for myself and a few friends for basically cost of supplies, maybe.

Cheap furniture can be bought anywhere, good furniture made by locals would probably sell reasonably well, but it would be nice if there weren't so many retired folks doing this.

Plus to make it worth it, you should probably have 3 or 4 projects going at once, which means a dedicated workshop large enough to handle all that.

Like suggested, join a woodworkers club and have fun.
You'll meet some other woodworkers and learn a ton.

Al
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  #14  
Old 01-07-2017, 10:39 PM
Hanr3 Hanr3 is offline
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Quote:
Originally Posted by Indiana Lou View Post
... friends usually expect it for nothing,
clients expect it for next to nothing,
and family members...... what can you say!
The toughest part is coming up with a fair price that both you and the recipient can agree upon. And usually people feel they can get it cheaper at the "Big Box" stores and aren't necessarily willing to pay for something handmade with quality and tender loving care. I'd say if you are not concerned with a profit margin but wish to do it because you really enjoy it, then go for it. Lou
Pretty much sums it up. The general population is used to seeing prices from products manufactured in other countries. You can barely buy the wood for the cost the general population is used to paying. General population doesn't want to pay for quality custom wood products. Your paying clientele will be the top wage earners in your area.

I too am a wood worker and my sons told me to start a business the last time I was layed off. I've researched the local craft shows and price breaks. Your market is going to be custom wood products and that isn't cheap, so it better be top quality.

My bathroom cabinets I made for the wife. I remodeled the whole bathroom, down to the studs and built new cabinets. Did the same thing in the kitchen.
By the way, there aren't any fasteners holding the cabinets together. It all wood joints, spines and glue. Only screws is the hinges, drawer slides, and handles.

Like that mirror like finish?

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Last edited by Hanr3; 01-07-2017 at 10:50 PM.
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  #15  
Old 01-09-2017, 07:09 AM
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Thanks for all the advice! I dip my toes in the pool first I guess, no jumping in the deep end.
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  #16  
Old 01-09-2017, 10:34 AM
REW REW is online now
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Sportfish,
If you do decide to do this -- do NOT sell your first items at a very low cost.

If you are doing good work, each and every item needs to be sold at a profitable price.

If you don't make your first sale at a correct retail price, the word will get out that you sell great work for a very low price and it might cause you to have to continue to sell the items at less than a profitable price.

Good luck
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  #17  
Old 01-09-2017, 11:59 AM
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Originally Posted by sportfish1 View Post
Thanks for all the advice! I dip my toes in the pool first I guess, no jumping in the deep end.
This is the club I belong to, if the link works, look at some of the stuff these guys turn out, pretty impressive.


http://www.mnwwg.org/


Al
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  #18  
Old 01-09-2017, 12:30 PM
Larbo Larbo is offline
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A good friend of mine does woodworking and partnered up with a person that has a booth at a antique shop. He does very well selling rocking horses, bird houses, gunning duck decoys and other items. He works when he wants and makes what he wants to.
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  #19  
Old 01-09-2017, 02:19 PM
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Quote:
Originally Posted by AllenW View Post
This is the club I belong to, if the link works, look at some of the stuff these guys turn out, pretty impressive.


http://www.mnwwg.org/


Al
You are right. Very impressive.
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  #20  
Old 01-09-2017, 02:32 PM
PCDOC PCDOC is offline
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Take baby steps and don't get to the point where you no longer enjoy it. (many others already stated this--very important) I have built many side projects over the years from entertainment centers to full kitchens. The full kitchens seem to be the best for a profit vs time invested ratio.

Perfection takes time and most people cannot comprehend the amount of time needed to create a smaller project and make it look great. The average Joe does not want to pay $1000 for a handcrafted coffee table or some other smaller item. Even though the time it took to make it look that good warrants the price.

Do it at your own pace and choose your projects wisely.
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