Видео

Zach, we don't have these timbers readily available in Australia. We have acacia, red gum, blue gum, merbau, pine, Tasmanian oak, spotted gum, sugar gum to name a few. There's a guy who charges around $29/metre for most of these species. Merbau can only get in 90mm X 19mm. None of the other species are kiln dried does that matter and what Australian timbers are comparable to timbers in your neck of the woods?

As an addendum to this advice, It isn't a bad thing to challenge yourself, but you have to know your limitations, especially if you are in this full time. If your eyes are bigger than what you can actually facilitate, it's probably wise to know when to humbly bow out of a project. On the flip side, if you must take on a project that requires skills you have never attempted, at least respect the customer enough and have the integrity to let them know they are being the guinea pig and you are happy to give them your best attempt at a reasonable price. But Zach is 100% right, if you don't know how to do something or have the space, time, machinery to facilitate it, move on to what makes you profitable. Efficiency=Profitability.

Some People who are able to are willing to pay top dollar for hand made stuff, there’s no denying that. But that’s shrinking subset of a shrinking subset of people. Most people now-a-days are barely getting by, they aren’t paying several hundred dollars for an end table. There’s also no denying that the available customer base is getting smaller and smaller.

woodprix is nice for that.

That's called common sense.

Bad video. You should do majority of what you said avoid , making mistakes is learning, plus if the customer ask for something that your not comfortable with take the challenge. Even if you failed you will learn. I have had a few projects i was terrified to take on . But made it trough. So i learned so much.

Actually, I found this video very informative. As a cabinet maker of some decades now, that breaks thongs down simply. Know your limitations, hone your skills and know when to push the envelope. Well done. You have earned my subscription.

Bros advice is “don’t be an expert at your craft”

Maybe I am being too harsh.. but Zach looks to be mid to late 20s tops, and not that someone of that age can't have valuable information to share, but with so few subscribers and seemingly appearing like he is just starting out, it's hard to consider buying a book on how to succeed in your business from someone clearly very early in their career. But I've been wrong before.. so for those that have purchased the book, what is your take?

Hey Zach, I mean this comment with the upmost respect as I believe you are knowledgeable about business. Your thumbnails and titles get me every time, however I rarely make it though halfway through your videos. I am a new small woodworking business looking to scale. I am also saving to purchase a program to help me with that so I can learn from someone who knows more than me. Here is why I rarely make it halfway through a video. All of the information you share is abundantly obvious and elementary level. I am not saying give all your secrets away, but if you can't sell me on the free knowledge you give away, ask why should I pay with no real idea of what benefit I will get other than being told what I already know. I respect the business you built and hope to get there one day, but with your RUclips content, I haven't seen anything that makes me want to buy. I only comment because I hope to see you grow and improve to help more of us.

I like the challenge of sweeps and angles. That said, I do not have a higher calling to use fancy joinery in my projects. I will use screws in arts and crafts designs, but hide them with decorative buttons that look like through tenons. I believe in my aesthetic. I believe that there is margin in quality techniques and materials.

Good advice 👍

Do you think your accelerator programme could be used in the UK?

The first project I did on my own was an Adirondack chair. They're really simple, there's plenty of patterns and measurements you can find online, you don't need a bunch of fancy tools to make one, and they teach you most of the basics of woodworking. If you can make one, which you can because they aren't hard to make, you can make pretty much anything.

Build a working car damn it

Thank you

Build a workbench before a coffee table

I cant even fathom making anything above 1k in sales a month lol.

The book is free do you pay for shipping and handing

I agree that a coffee table is a great first build, if you're trying to build a business. The websites you mentioned are excellent resources, could you add their links in the video description?

I love your intro

That’s not right if what you do is custom $$$$ and price it up like it should be. But if you do something for the first time price it higher so you can get paid to learn

It’s absolutely possible, until he retired last year, my dad did. I owned his business and we made great money.

Sorry I didn’t catch the instagram info?

Says a guy who can’t dress well

Id do 20 at fiddy bux

Making shit is the easy part. Customer acquisition is the hard part. You skipped right over that

How to make 1000 dollars: make 1000 dollars #ezmoneytipz

Or you could sell 1 item for $1050 and keep the tip.

Great video. I'm watching this from London. How do you find what is the most popular item being sold in your area?

I have a friend that works at the power company. He's in the department where he supplies the trucks with equipment needed. Going to make a dining table with a few things I get from him. A dining table made from phone pole cross members and two 1947 cast iron pole mounted transformers and black iron pipe for the base. Probably looking at around $1300-$1500 sale price.

Or two things for 500 each or ten things at a 100 each or a 1000 things at one dollar each.

Thanks for sharing 👌

Which species of wood do you recommend that a newbie use for their tabletop?

Do you think people will buy 1000$ tables in Facebook marketplace? I am going to start trying to sell there soon...want to know my chances lol

Pagal

What do you mean to “wrap the table” to make it look thicker? Did I hear that right?

15:30 does it mean that us citizens/companies have to pay taxes right away? As European without company (personal) I can make up to 10000/year without filing taxes. If we register as a "hobby business" we can more or less avoid taxes as long as its not your main occupation which what I'm going for. If I see that things actually has momentum, then I'll change it to a limited liability company and start doing tax registration

100% correct about the cost from an agency being more(significantly more in many cases), and that's just for running ads, not including anything else, coaching, or specific knowledge and expertise in woodworking. 22:15

$12-14k per month. Let's use the high number. $2142 Self employment tax $8770 Federal and state tax $1200 Health Insurance $560 disability insurance $700 IRA contribution $300 Life insurance Wow, you made about $300.

My wife an I were running a VERY successful business in our garage until the economy changed hands...it just got worse and worse over the past few years until it has now, all but failed. Now, I've had to get a job again because orders went down so much. We still get orders but just not near as much.

TODAY WE (We The People) MAGA 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

Another tip, know your capabilities and your target consumers. Have a unique style that will set your product apart from others.

Just what I needed. Thank you sir👍

The goal is not just have one stream of income get multiple.

Wow, I guess I disagree. First, are you starting a woodworking business, or are you woodworking? Your advice sounds like it is for someone dipping their toe in the water. It works if the person is earning and starting a side hustle they plan to expand on. If this is it, you are starting a serious business. You are a manufacturer. You need space and you need capital. You need to be prepared to buy the most productive solutions for every process of your manufacturing. Outgrowing your capacity is death. Example, you are making cutting boards and marketing like crazy. Your capital is a savings account which gets a percentage of your revenue. You're doing great selling these boards when November roles around. A company calls you and wants to give one of your boards to all their clients. They place an order for 1000 boards that they need in 3 weeks. You are so excited. You get a deposit, buy some materials and get to making. 3 weeks down the line you only have 500 boards and you know you are not going to meet the delivery date. You could really use that clamp rack. Now the client wants their deposit back, but you spent it on materials. You've had to refuse smaller orders because your capacity was all taken up on this order. So for 3 weeks you've had no income. Rent is due, electricity bill, maybe you have an employee you can't pay. You have lost the client forever and future clients hear you can't make delivery dates. You grew too fast and you are out of business. You should have gotten a line of credit and bought that clamp rack.

The thing is…people who buy a cheap table want a table. People who buy an expensive table want a statement. You cannot compete with mass produced tables from factories that own a forest. But factories cannot compete with you for a custom job that the owner can make a statement with. You are nimble, that’s your edge.

For 99% of people watching, the answer is no.

Great video. You are building my confidence daily. So Grateful for Joining the program.

Damn Zach.. you look like you're about 25.. how you got so much experience lol. You're spot on. I just sunk about 15K in to tools (mostly festool and other stuff) but offset that cost because I am saving money on what it would have cost me to hire someone to do 1/3 the work I am learning/doing myself (e.g. replacing carpets with wood flooring, built in cabinets, etc). The benefit for me at least is I now have the tools to do wood working projects. The down side is.. I have literally no clue what to build to try to sell. The videos I watch seem to hint at using Etsy.. but man.. I can't fathom how I build something that there isn't 1000 of already, match/beat pricing to try to get a sale, then package/ship that thing out. I am particularly a fan of these flat packs.. speaker boxes or furniture flat packs are such a cool concept. I still plan on getting a CNC one of these days but not sure if I will or not. Need on to duplicate flat packs though. Anyway.. any recommendations? Charcuterie boards and tables seem to be flooded on the various markets.