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    <title>Wayne's Blog at LumberJocks.com</title>
    <link>http://lumberjocks.com/cwaynew/blog</link>
    <pubDate>Thu, 17 Dec 2009 19:34:50 GMT</pubDate>
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      <title>Starting a new woodworking business #2: new business</title>
      <link>http://lumberjocks.com/cwaynew/blog/12430</link>
      <description>
        <![CDATA[<p>Thanks to all who responded. Just in case you&#8217;re interested, my business plan is beginning to take shape. I have a web site up and running now (WAYNEWERKS.COM). I have displayed several of my products there, but haven&#8217;t done any pricing yet. I&#8217;ve also set up an account on ETSY.COM, but haven&#8217;t much luck there yet. I&#8217;m sure I&#8217;ll need to add more products in order to reach a larger demographic and increase the likelyhood of making sales. I&#8217;ve also set up a PAYPAL account for the time when I actually sell something.<br />Since I&#8217;m retiring in January, I&#8217;m not relying on my business for my sole income. That takes a lot of the pressure off.  My father once told me that if I make my hobby (woodworking) a business, then I won&#8217;t have a hobby. His advise was sage, but didn&#8217;t take into account that my love for woodworking goes way beyond hobby status. It is my passion. <br />From a business perspective, that passion can be a two-edged sword. My passion drives me to create the very best product I can&#8230;and that&#8217;s a good thing. The down side is I can spend so much time on a project that at some point it just isn&#8217;t cost effective.<br />So it becomes a matter of priorities. Which is more important? Making a profit (which is highly desirable), or creating a quality product. I think it&#8217;s possible to do both, though I may need to compromise and re-assess my position as time goes on.<br />Anyway&#8230; I got my domain name and have my business registered with the state. I&#8217;ve also looked into selling my products locally. Lots of potential there, though it involves lots more time than selling strictly on the internet. I&#8217;m also spending more time blogging. I&#8217;ve already seen good results here. I&#8217;ve already gotten responses and am overjoyed that people are actually interested in what I&#8217;m trying to do.<br />Keep an eye on things as they develop. This is an exciting time for me. I hope to share this excitement with you.</p>]]>
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      <pubDate>Thu, 17 Dec 2009 19:34:50 GMT</pubDate>
      <guid>http://lumberjocks.com/cwaynew/blog/12430</guid>
      <author>Wayne</author>
      <dc:creator>Wayne</dc:creator>
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      <title>Starting a new woodworking business #1: new business</title>
      <link>http://lumberjocks.com/cwaynew/blog/12423</link>
      <description>
        <![CDATA[<p>I&#8217;ve been toying with the idea of starting my own woodworking business for literally decades. Now, at age 61 I think I finally have the nerve to do it. I don&#8217;t have any illusions about what I&#8217;m about to do. I don&#8217;t want to go &#8220;big time&#8221;. I just want to sell some of my work and (probably) use the money I make to buy more woodworking toys. <br />I don&#8217;t really want to do much on a large scale. Little things like jewelry boxes, keychain bobs, hand carvings and the like. Maybe some sculpture, too. Any ideas?</p>]]>
      </description>
      <pubDate>Thu, 17 Dec 2009 04:06:58 GMT</pubDate>
      <guid>http://lumberjocks.com/cwaynew/blog/12423</guid>
      <author>Wayne</author>
      <dc:creator>Wayne</dc:creator>
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