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Reply by Gshepherd

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Posted on Making money ofo of your personal sawmill? What you guys do.

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Gshepherd

1689 posts in 954 days


#1 posted 09-29-2012 05:52 PM

I think you would be better off sticking with doing custom built-ins, cabinets on a small scale,and craft show items to start with and work on getting a customer base which is never ending cause it is not like they will come back week after week wanting something else but it will let you build up a profolio of all your work and advertise.

See how you do there, Point is set up to do that right now and do not have to make a large investment only to find out it will take 3-6 years of hard work to maybe get it where you want it. Plus you need to set up contracts for your customers to sign and insurance, with all the trimmings to protect everyone involved. Have a lawyer set this up so you cover your butt with both hands and hopefully nothing still comes and bite you.

Be prepared to file liens against property for non payment and get nasty when you have to and do not let anybody slide cause it will haunt you. Trust me, Just over the past 3 years I have had over 80k go down the tube. Just from contractors, cabinet shops, you name it. It will put a bad taste in your mouth. Even being on a contract does not protect from getting burned….. You can’t bleed blood from a turnip, sound fimiliar….. So be prepared for this brutal venture. Not tryig to discourage you…. Just know it can and sadly some of what I mentioned will happen. Then you have the good customers who appreciate what you do and respect your craft. I can honestly say I had a Architect give me a $500 bonus for work I did. Kinda like golf, 50 bad shots but the one sweet hit makes you come back for more…..

What ever you do have enough saved up to float for several years and not be making any profit…. I truely wish you never experience any of these things I talk about but be informed, educated, prepared in case they do. Would I change what I do now for a living????? Hell no….. I knew it would not be easy and expected a royal flogging before I would get where I am now….... Sad you have to have this type of mind set to survive.

-- What we do in life will Echo through Eternity........


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