LumberJocks

Owning your own business (Post #1)

  • Advertise with us
Blog entry by nate22 posted 1444 days ago 867 reads 2 times favorited 9 comments Add to Favorites Watch

Owning your own business is fun but it takes a lot of work and staying commited to it. I started my business two and a half years ago and I just started getting really busy about seven months ago. One thing I have learned is you have to make what is selling even if you don’t build it or like to. Because when I started my business I was making livingroom furniture well that wasn’t selling for me, so I decided at the beginning of this year that I would start making bed frames especially bunk bed and loft beds. Since then I got more business in the last 6 months than I did in the first 2 years of having my business. So finding that one thing that sells is one of the key things to a succesful business. So since then I have focus on building bed frames and working on getting my name out there and letting people know what I make. I have found out to like a lot of other business guys making brochures, and advertising in papers doesn’t work for getting business. The best way is word of mouth or advertising your work or furniture on the internet like c.l. which is where I get a lot of my business. But word of mouth is the best way. One thing you have to learn when you have your own business is to have patience and rely on god to direct you in the right direction on making the right decisions. Because if we keep god first in everything we do then thats when god will let us see the fruits of our labor in what we do for him. And finaly it’s not all going to happen in a couple of days. It might take up to 2 to 3 years to really get it going. Until next time remember to keep god first in everything you do.

Isaiah 40:31 But those who wait for the lord will renew their strentgh. They will soar on wings like eagles. They will run and not grow weary. They will walk, and not faint.

-- K & N Furniture Middlebury, In.



9 comments so far

View Eric_S's profile

Eric_S

1521 posts in 1828 days


#1 posted 1444 days ago

I dream every day about owning my own business. Only problem is I dont have enough saved up to leave my job and start one since im the main household income. But congrats on it being successful. I really want to though soon.

So do you fully build the bunks and then customers pick up, or do you build and then dissasemble and ship/pickup with instructions to put together?

-- - Eric Indianapolis, IN

View hObOmOnk's profile

hObOmOnk

1381 posts in 2760 days


#2 posted 1444 days ago

Dreaming becomes doing when you take charge of your actions. Start small, then build your business as you can.

Your work is to discover your work and then with all your heart to give yourself to it.
—The Buddha

-- 温故知新

View Eric_S's profile

Eric_S

1521 posts in 1828 days


#3 posted 1444 days ago

Hobomonk, I totally agree. I dont think it helps though that my wife is currently doing that with her own business. She is building up inventory in her spare time before she opens for business, all while keeping her day job. I could do that too, but then I couldn’t woodwork for hobby. There is a tradeoff, and right now I’m afraid if I do it for work it will take the fun out of it for me. I think about it a lot though and have thought about starting small with pens and boxes and smaller items that would be easy to make and sell online while building up my skillset too.

-- - Eric Indianapolis, IN

View sawblade1's profile

sawblade1

754 posts in 1660 days


#4 posted 1444 days ago

Wholeheartedly Agreed business is difficult especially with penny nanny jobs that you break even with, some of the main problems are people don’t want to pay American neighbors their wage Manufacturing is difficult to say the least looks like you have cleared one of the hurdles Keep on pressing on !!!

-- Proverbs Ch:3 vs 5,6,7 Trust in the lord with all thine heart and lean not unto your own understanding but in all your ways aknowledge him and he shall direct your path elmerthomas81@neo.rr.com

View hObOmOnk's profile

hObOmOnk

1381 posts in 2760 days


#5 posted 1444 days ago

Eric_S:

You’ve got to keep the wife happy.

True happiness consists in making others happy.
- Hindu proverb

-- 温故知新

View Eric_S's profile

Eric_S

1521 posts in 1828 days


#6 posted 1444 days ago

Agreed, her happiness is more important. If she isn’t happy, I’m definitely not.

-- - Eric Indianapolis, IN

View Dennisgrosen's profile

Dennisgrosen

10850 posts in 1748 days


#7 posted 1444 days ago

the best thing to help you growing your business nomatter if you try to do it in sparetime
from another job or you already has sprung to fulltime (usualy 16-18 hours a day),
is get educated in all those little things there allso is around the business beside working
in the shop,
learn how to run the office in a proffessionel way learn to know when to bring in experts
like accauntents pay them by the hour or from job to job It doesnt matter how much you
love to work in the shop that doesn´t make a business that survive , what makes a surviving
business is that you have 150% fucos on the office side of it, like advertising , customnursing
where do you use the money and how all of that has to be calculated into your prices
there is so many traps you can fall into , get educated in those things it is not nessery to fall
in all of the traps out there before you have learned to run a business even thow persidens
is a good thing to have it wont help you to talk to the bankmanager if you grow and
need a loan to bring your business to the next step of having employd poeple in your shop
learn where your weak spots are and pay for help there, it maybee sounds crazy to spend
some money on a thing you can do , but if they can do it in two huors and you use twelwe
gess who will earn the most money in the end the DIY man or him who use his money
wicely on those things

Just my 2 cents

Dennis

View Div's profile

Div

1653 posts in 1573 days


#8 posted 1444 days ago

Yip, word of mouth is the best! I work wood for a living, live on a farm 18 miles from the nearest town. 95% of my work is word of mouth.
Good luck for the future!

-- Div @ the bottom end of Africa. "A woodworker's sharpest tool should be his mind."

View davidroberts's profile

davidroberts

1002 posts in 2119 days


#9 posted 1444 days ago

great words of wisdom. hope you have continued success!

-- God is great, wood is good. Let us thank Him for wood......and old hand tools.

Have your say...

You must be signed in to post the comments.

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