LumberJocks
DAILY DEALS Wixey 8'' Digital Protractor  |  Makita Makita Recon LCT203W 10.8 Volt Lithium Ion Impact Driver 2 Pc Kit

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

Blog entry by Myron Wooley posted 456 days ago 250 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

PaBull

292 posts in 564 days


posted 456 days ago

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

-- http://www.twinoaksgrowers.com

View Texasgaloot's profile

Texasgaloot

467 posts in 600 days


posted 455 days ago

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

3427 posts in 963 days


posted 455 days ago

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.

You must be signed in to post the comments.

  • View all advertisers
  • Advertise with us

DISCLAIMER: Any posts on LJ are posted by individuals acting in their own right and do not necessarily reflect the views of LJ. LJ will not be held liable for the actions of any user.

Latest Projects | Latest Blog Entries | Latest Forum Topics

HomeRefurbers.com

Latest Projects | Latest Blog Entries | Latest Forum Topics

GardenTenders.com :: gardening showcase