This SIMPLE WOODWORKING PROJECT Is Making Me Easy Money
This SIMPLE WOODWORKING PROJECT Is Making Me Easy Money
In this video I’m showing you a simple beginner woodworking project that is already making me easy money, with a high hourly rate. This is a woodworking project that actually sells, and that is profitable.
You can get the plans for this project here: https://www.arebaloni.com/product-page/bundle-outdoor-furniture-set
Help support the channel + Get exclusive content, and sweet discounts:
https://www.patreon.com/arebaloni
Hope you enjoy watching this!
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Tools I Use:
Japanese saws: http://amzn.to/2rUiiK8
http://amzn.to/2FB22zO
Router: http://amzn.to/2GDTNUT
Marking knife: http://amzn.to/2DSqfBd
Carving tools: http://amzn.to/2BN9RA0
Books I recommend:
Japanese Joinery: http://amzn.to/2BNIBRT
Cabinetmaking: http://amzn.to/2Ev7cOq
Maker Skills: http://amzn.to/2rVkMZ2
Diresta´s book: http://amzn.to/2GCUiP7
Nick Offerman´s book: http://amzn.to/2E9ME06
Timber-framing: http://amzn.to/2DTzxNt
Camera equipment I use:
Mic:
http://amzn.to/2Ei9XBy
Camera:
http://amzn.to/2COnu6J
Just purchased your plans, what size forstner wood bit do you use to drill out ready for plugs?
That was a great video, full of information and very well put together. Could I ask, where did you get the wooden mask on your wall. Did you make this, or did you buy it from somewhere?
You are wise beyond your years. Very good and useful advice. Best of luck to you.
I like the look! 😀
07:17 the first and third plank on the table are faced correct "smiling" the rest are going to cup over time and therefore rot faster.. 🙂
Great, solid yet comfortable design. Excellent skills. Please use some of your profit to invest in your health: use some sort of dust extractor. I know that this will be expensive (500 – 700 U.S. $), but your lungs are priceless. In the meantime, please use a better dust mark to protect your lungs from the chemicals used in outdoor timber. You are on your way to being able to be a maker full time.
You could probably make halfproducts by leveling and phasing all the beams and boards one day, making the cuts another day and assembling legs the next… Prepare mats for 20 sets one week and then just cut to length and add the legs.
very good and nice job ,keep going…..
Its a relief to see some honousty. Thank u. But, if u are going to do this as a bussiness with taxes and stuff. In my country you can take that number and half it. Also dont underestimate marketing, paperwork, and talking to customers, use of machinery etc. Your lights dont burn for free neither. That drill is going to need replacing someday and costs allot of money. Thats also time off your life you should account for that as well. That said 83usd is a nice hourrate especcially at your age. Good job.
Well, well, you will have to register as a company and send 20% of the 1200 to the state as VAT 😉
But it is still an OK salary.
What about your overhead? Electric, heat, liability insurance, health insurance, taxes, etc. The list is long. Your hourly income (wage) should be part of your overhead. Then what is left is your net profit that your business earns. This can be used to re-invest in new tools and machinery etc.
Great Business plan!
Superb video, thank you.
I love the simplicity of the design, and I have purchased a set of plans from you.
Subscription added.
Kind regards
Chris 🙏
Yes there is always a difference between what can sell and what will sell. That’s the biggest difference. The fastest selling thing will always make the most money in the period of time you will need it to replace a day job. One expensive item that sells for $15,000 might takes months to sell and weeks to do. Yet if you can make 60 of the same thing for that $830 and maybe make it even more streamlined. In less than 60 days and sell them before you your done. You can have nearly $50,000 in the same time it took to sell one thing. Hell do that some thing for a year come out with about $250,000. Then just relaxe the next year.
bought your plans, gonna have hard time converting everything to imperial though
Correct, also making that dovetail isnt rocket science, woodworking aint rocket science in general. You should be reasonable with your pricing. Its just wood.
You never included electricity cost, also maintenance of your tools plus cost of your tools. All that needs to be factored in so your probably looking at $70 per hour realistically!!
Good for you dude 👍👍
$83/hr is at best half of what you need to be making. You need to account for general shop costs, tool replacement, consumables, shop expansion, insurance, and a cushion to pay for the time you are not working. ("I’ll buy three sets, DELIVERED, at my outdoor furniture business") I did work at $85-$100/ hour and when I did my taxes at the end of the year, accounting for all the "incidentals" involved, specially when balanced against making work that I really didn’t want to make, it just wasn’t worth it at that rate. You’re competing against IKEA and southeast Asia.
First off great video. Awesome. What’s the price of the plans in dollars and do you have measurements in inches for USA peeps?
Can I ask you: are you located in europe? How do you tackle the logistics problem when making furniture? Who delivers it to your clients?
Hey man. From Texas, US and I gotta say you’re doing something right here! Keep up the good work 💪
Nice Job and good luck !!
But that $83/hr is actually not entirely correct. That needs to be calculated after all expenses are covered, ie electricity, insurance, maintenance, etc.
Finally a video for the normal woodworkers who don’t have all the fancy equiptment.
Keep it up and keep it simple
Nice video, but put a dust collector on that Deros!
Good Job!
I guess it will work.
Best wishes!
Interesting but you left off some major costs. VAT (or equivalent) plus delivery time costs are two major things that spring to mind.
I enjoyed the video. I am a custom woodworker that went to school for woodworking and still struggle with what I like to think of as imposter syndrome when making high end pieces. I really can relate to charging high prices and it not feeling justified. It seems to me that you have figured out some very important "self realizations" about where to place yourself with your skill level and charging for it. That alone makes you successful no matter what level you are. But i must tell you that if you wanted to get "better" it is in you, you just have to know it. Thanks again for the video. Good luck to you and keep allowing yourself to grow in the trade!
I completely agree with your assessment on fine furniture! I see guys on YouTube selling these epoxy tables for thousands and thousands of dollars! Where do they find these people? I made one for my family and I was asked by a friend how much I would sell it for? I told him considering how much time I had spent on it I would think $5000 was fair. He couldn’t believe it and his reaction told me that there was no chance he’d pay that much for it, even though he really liked it. Keep doing what your doing! Your grandfather was a smart man!
nice…starts with about $500+ USD of wood……. time to start breaking into houses
If you knew you could sell 10, or even 5, of these a month (or any multiple at any time), you could increase your profit. You could buy more wood and supplies, hopefully at a discount. You could make all your cuts at one time and store the product, assembling them when the orders come in. Overall, I bet you’d get your hours down 10-20% because you’d be doing things at peak efficiency. Something to think about.
Really cool, thanks for sharing. I’m not a woodworker or carpenter but I hope you make gobs of money for this custom made furniture.
Do u haveca hard time selling yhese for $1200?
I saw this video come up and wasn’t going to watch it (idk why) but then it came up again today, and I clicked on it. I’m really glad I did! Very laid back and informative video.
Fascinating and enlightening. 👏👏👏
The other issue with staining/painting treated wood is that you must wait around 30 days while it seasons before you can apply the first coat. So, if you bought the tools or supplies on credit, you are going to be paying more interest than you originally planned on.
Who the actual f*ck would be stupid enough to by that mediocre picnic table for $1200 hahahahaha? I can go online and buy a used one for $50 off fakebook market. I’ll pass kid………….
nix the shitty music. Content stands on its own.
This is one of the nicest-looking simple designs I have seen. Great work. 👍
Very good mate keep it up pal my subscription and likes are with you buddy , and your Grand father is a 100% correct as one things I’ve noticed when ever an older figure in your life tells you to do things differently most of the time we either don’t listen or completely ignore the advice and later we regret so much that we didn’t take on board that advice some of us are lucky we can make it back while others will live to regret.
i love that you hide the screws but to be honest make them stick out from the legs just slightly will make it look even better (and its less work)
+gasoline, +travel time, +shipping costs, marketing costs and time involved..?
Thanks for sharing your journey and your work.
Tools, electricity, shop are ALL for free? Cool…
Taxes
Nice work and it looks great. Something to consider are your real costs. Vehicle maintenance and fuel, electricity bill, rent on workshop or local rates if you own it, and of course, replacement of tools from wear and tear. ALL of these costs need to come off your hourly rate you’re calling ‘profit’ here, however, it’s a good product. A good rule of thumb is, if you’re too busy making what you sell to keep up with demand, then you’re products are too cheap. Food for thought 😉.
Nice work, but calculation is a bit wrong, as you do not consider the costs of machines / rental / taxes etc. Good numbers for hobbyist though! Well done!
Awesome video, I appreciate that you’re making these videos. Tusen takk
I am going through the same, realizing too much time is spent without the experience or confidence to sell high and realizing there is no path to success sticking with that. Still seeking my niche though. Appreciate what you said here!
Going to give the not finishing a product a try in my sales. Just getting started in my area with selling furniture but almost done with 3 outdoor benches. Going to finish 1 of the 3 for pictures / giving to wife’s parents.