Peace and Harmony (I hope!!) #2: A lot of lessons learned!

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Blog entry by Myron Wooley posted 08-30-2008 10:54 PM 1010 reads 0 times favorited 3 comments Add to Favorites Watch
« Part 1: A new start as a pro Part 2 of Peace and Harmony (I hope!!) series Part 3: Still at it... »

Well, we’ve been in business since July 1, and it’s been quite an experience. I’ve learned a lot more about business than I thought.
First, there are not enough hours in a day. After we get back from appointments, there is the admin side: billing, sales calls, payroll, reports to write, and on and on.
Second, if you don’t market, you don’t sell. I have internet ads going, newspaper ads, postcard mailings, Chamber of Commerce appearances, vehicle signs, anything I can think of.
Third, the shop doesn’t clean itself. And an unorganized, dirty shop is inefficient and therefore expensive.
Fourth, cheap tools aren’t. It’s one thing to buy cheap when you’re a hobbyist, but as a pro, the equipment must be reliable and effective. Brands like Festool, Grex, Accuspray, and others of that high echelon have started to appear in my shop. Lesser brands cost too much in the long run.
And fifth, being in business for yourself is really, really scary. When you can no longer count on that fat corporate paycheck to pay the bills, a new sense of urgency appears, and it tends to dominate your thoughts. I have had to be careful to spend time with my family, and not let the business be all-consuming.

-- The days are long and the years are short...

3 comments so far

View PaBull's profile


956 posts in 3690 days

#1 posted 08-30-2008 11:48 PM

Myron, I get scared just reading your story. I wish you the best with this big adventure. Keep us posted.

-- rhykenologist and plant grower

View Texasgaloot's profile


465 posts in 3726 days

#2 posted 08-31-2008 01:08 AM

Myron, I’m with you. I’m ready to get out of my mind-numbing 8-to-5, but my wife’s security gland has me there until probably Christmas. There are days when I think about the spectacular comet tail I’ll leave behind when I go down, and then in a few minutes I figure I’ll own the world. What a roller coaster. But I’m ready to pay about any price to not have another man control my destiny any more. Hang in, man—we’re all pulling for you!

-- There's no tool like an old tool...

View Douglas Bordner's profile

Douglas Bordner

4024 posts in 4089 days

#3 posted 08-31-2008 02:25 AM

Best of luck, Myron. I hope you are wildly successful. On thing that might be a spin…repairing one’s old furniture is surely more cost efficient in a time of tight dollars than chucking it all and buying new.

-- "Bordnerizing" perfectly good lumber for over a decade.

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