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Blog entry by hObOmOnk posted 02-10-2011 11:58 PM 7184 reads 0 times favorited 6 comments Add to Favorites Watch

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-- 温故知新



6 comments so far

View SteveMI's profile

SteveMI

854 posts in 1960 days


#1 posted 02-11-2011 01:04 AM

I don’t disagree with the content of your blog, but would appreciate if you posted in full here rather than having us go to blogspot.

It is refreshing to see someone state right out that if you are into this as a business that it is margin that produces profit which is what you end up with as your income. The ideas of an hourly rate rationale for pricing products is immaterial. Hourly rate is for an employee or to use in quoting a job to cover the cost of an employee. An owner works for profit.

Steve.

View jockmike2's profile

jockmike2

10635 posts in 2912 days


#2 posted 02-11-2011 03:29 AM

I’d have to agree with Steve, Hobomonk. This has always been a site in which we share our ideas to help each other. Your comment is right on, I would just like to see a discussion on it here on LJs, so everyone can benefit. Just my worthless 1 and 1/2 cents. LOL. GB, mike

-- (You just have to please the man in the Mirror) Mike from Michigan -

View hObOmOnk's profile

hObOmOnk

1381 posts in 2793 days


#3 posted 02-11-2011 03:06 PM

Click, click…

-- 温故知新

View jockmike2's profile

jockmike2

10635 posts in 2912 days


#4 posted 02-12-2011 12:27 AM

OK

-- (You just have to please the man in the Mirror) Mike from Michigan -

View juniorjock's profile

juniorjock

1930 posts in 2431 days


#5 posted 02-12-2011 12:34 AM

Check it out guys…........
http://lumberjocks.com/Manitario/blog/20907
- JJ

View hObOmOnk's profile

hObOmOnk

1381 posts in 2793 days


#6 posted 02-16-2011 02:43 PM

Guys:

Producing a good margin is only the first step in being profitable.
However, I have met so many crafters set their prices too low and don’t control costs.
If you are losing money on each sale, you can’t make it up in volume. :)

More later…

-- 温故知新

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