How I Made and Spent My First $20K Woodworking

Explore our website now for premium CNC files, high-quality CNC bits, and top-grade wood - unleash your creativity today! - cicworkshop.com/
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I'm sharing how I spent my first $20,000 woodworking. Woodworking is my hobby, and turning my passion into a business was a very challenging but ultimately rewarding process. If you are a woodworking beginner it is possible to grow your woodworking business. This is how I took small projects that sold and kept buying better equipment to grow my woodworking business. This is the equipment I bought before I bought my first CNC machine. Starting in woodworking is not easy but it is possible to keep growing into a large business! Please enjoy as I show how I bootstrapped my business and equipment to what it is today!
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My Favorite CNC Router Bit - amzn.to/3fiWnFA
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About Cutting It Close:
Our goal is to help aspiring craftsmen do what they love for a living! We hope to share our knowledge in the woodworking field and CNC routering through training videos, CNC router techniques, unique projects, and practical applications.
#woodworking #tools #business

[@benco804]

I've always wanted to know how much of youtube woodworkers' profits come from selling to new woodworkers on youtube vs selling actual wooden products to customers.

[@scottbionicnerf8727]

Hey Brother. I haven't seen one of your videos for a week because I've been too busy working part-time at out-door(out in the back yard, in the elements that nature can throw at me! But one day, I'm gonna have real shed!) and full-time at the job I want to quit for WoodWorking full-time. I love your enthusiasm. It matches my own. I'm 57, and I want to be able to hand down skills I've spent a lifetime developing that transfer very well to WoodWorking. Though I'm currently just a hobbyist with a 9yr old Ryobi battery powered tool kit, I'm leveling up as I go. Before long, im gonna have a 10'×16' shed that can house a table saw and a miter saw, from there, I'll level up to the CNC and Lazer Cutter ingraver. At that point, I'll be retired, working full-time at this.

[@mkkd85]

Great enthusiasm, very inspiring!

[@darkspace3316]

You killing it with KZbin these days! Keep it up!

[@dazisgud]

You're so fortunate to have a building to keep them in.

[@keenanwalsh1049]

Thanks for all the entertaining and informative videos.

[@mkkd85]

Great story, very inspiring! Thank you

[@robthewaywardwoodworker9956]

Pretty amazing journey. Well done, young man!

[@benceszabo465]

Fantastic content again, thank you!! Good to see your progress story.

[@cutting-it-close]

More to come!

[@jessicalane107]

Incredible job on the video, very informative and helpful!

[@cutting-it-close]

Glad you enjoyed it!

[@bengoosen7102]

Great video, thanks for always sharing your stories and experience with us👏

[@cutting-it-close]

Glad you like them!

[@lanceblack3127]

Great American story of how hard work and entrepreneurial spirit can turn your dreams into reality. I also live in Texas and was curious how you combat the humidity issues in your shop? We have a steel building that is 68 x 75 and we get a fog in our building sometimes. Keep up the great work.

[@cutting-it-close]

So I let me any raw Wood acclimate for 2 weeks before finishing a project with it, and I put all finished projects in a humidity controlled room. So my shop does get the fog and humidity, but the finished projects get dehumidified before getting shipped. Because sometimes they may go to another place on the coast like Seattle and they have high humidity there as well.

[@battleblazegamer8390]

Love it

[@johnniek8845]

I had some Grizzly things too that didn't work out also, live and learn, another great video sir, much appreciated

[@jessec8562]

It would be great to see the original shop cleaned up and set up so you can use it to train other High School kids.

[@michaelwillson6847]

Dude love that video am at the kinda start this journey I've bought equipment up as and when I've had the cash to do it. I have table saw and jointer plainer combo a need replace mitre saw then after that am kinda torn for next upgrade between drum sander or look into CNC/laser. 👍🏴󠁧󠁢󠁳󠁣󠁴󠁿🤔

[@redycardenas9117]

Well. Looks like I'm not to far behind after all. I still have to buy the first meter saw to be able to have a great shop like you do.. 😂. Thank you for sharing your history. I know you are trying to teach, you don't need an expensive equipment to make something beautiful and start up a project. I learnt that the hard way.

[@cutting-it-close]

You can do it!

[@haldiron2289]

First! I want a festool dominoe with my first $20K lol

[@lt1376]

the CGI is impressive!

[@teaguewhite26]

It's just a silly question from a long-time viewer, but if you were able to scale up & reinvest in all this equipment (while in high-school), why did you need a loan from your in-laws for your 1st cnc machine? I'm only asking because it seems to me that if the validation of this video content is plausible, would there not have been the need for a loan to purchase said 1st cnc? Just want a clarification regarding content submitted & viewed.

[@cutting-it-close]

Good question! I couldn’t pay for a $6,000 machine outright because I did not save up enough (lack of time) but I was selling so many inlaid cutting boards at the time and doing them all with a projector and a scroll saw that I had to have a CNC to keep up with sales! Additionally college was not cheap and a lot of money was going towards those living expenses as well. So I needed a loan on this one, which I paid back in 1 year.

[@TunaSoda]

Don't forget to invest in a fan!

[@alexon2010]

It's a pity that I don't understand English, this video doesn't even have subtitles, it would be nice if it could dub the videos into Portuguese, I recently discovered a google extension called Speak Subtitles for KZbin, which uses AI to dub videos into several languages including Portuguese, but it didn't work with your videos. I'm a product designer and developer... going through a very bad financial phase.... What makes me happy is that I'm very close to finishing my industrial CNC Router that I made everything from scratch... that's pretty cool... I don't have much idea how I could get a good financial return later by selling the machine and also providing service...

[@MyLifecraft]

That’s really inspiring man. I’m trying to come up myself, and so far the only bottleneck for me is finding customers willing to pay what my work is worth. I’ve found a few here and there so far locally by word of mouth, but trying to sell anything online is brutally hard.

[@cutting-it-close]

It is really hard and I had to grind at that stage, then once I had good enough equipment I could make it faster and more efficient and my cost came down some and I was able to sell to more people, then I figured out it’s easier just to try to be good at only a few items instead of trying to please 1 person, blast it out to thousands and it only sells to 5-10. But the good thing is you do not have to bend over backwards for people that critique your every move.

[@Eldalion99999]

what if I dont have friends and family to jump start selling beginer builds lol ?

[@bradleystavinoha3612]

I have two shoe racks still

[@billystray7007]

I know of 2 tools you need A broom & shovel..

[@discovery2727]

The only thing that astonish me is the high prises for your products. Like 400 Dollar for a shoescarussel or 100 Dollar for a bottle thing. In Europe you get everything from China for like 5.99 or 19.99€. No chance to compete with the Chinese products

[@SecurityHawk12]

Great content. But must you act like a teenager?

[@cutting-it-close]

I love this stuff! Makes me feel like a kid! Nothing I would rather be doing

[@SecurityHawk12]

@@cutting-it-close Feeling like a kid and acting like an immature kid are two different things.

[@michaelgarcia278]

​@@SecurityHawk12it seems like you don't feel his passion for the success he is having. The great thing about his video is that he is willing to share what he has gone through to become who he is today.