How Much MONEY I Make Building EXTREMELY Custom Cutting Boards

  Рет қаралды 310,705

Ryan Hawkins

Ryan Hawkins

Күн бұрын

I walk you through my step by step build process, sales, profits, materials, overhead, lessons learned and so much more on 6 different patterns totalling 25 very custom end grain cutting boards. We'll call this a complete and unofficial guide on how to price your work. Detailed time stamps below for your viewing pleasure. Please subscribe and further support the channel via the thanks button. Enjoy!
0:00 Intro
0:29 Outlining the video agenda
3:16 Giving credit to mtmwood
3:45 Asking for subscription/thanks :)
4:28 What is a board foot?
7:04 What is a finished board foot?
9:14 Brick Boards - Step by step build process
14:15 Brick Boards - How long they took
15:52 Brick Boards - Total boards, sales & material costs
18:32 Brick Boards - Calculating board footage of reclaimed oak
20:35 Calculating my overhead for all the boards
24:28 Brick Boards - Final Analysis, profits, hourly wage, further analysis 28:11 3D Cube Boards - Step by step build process
31:01 3D Cube Boards - How long they look
32:13 3D Cube Boards - Total boards, sales, profits, hourly wage, further analysis
35:09 Lone Oak Board - Step by step build process
36:54 Lone Oak Board - How long it took
37:53 Lone Oak Board - Sale, profit, hourly wage, further analysis
39:52 3D Zigzag Boards - Step by step build process
44:49 3D Zigzag Boards - How long they took
46:20 3D Zigzag Boards - Sales, profits, hourly wage, further analysis 49:08 Whisky barrel Boards - Step by step build process
51:12 Whisky barrel Boards - How long they took
52:20 Whisky barrel Boards - Sales, profits, hourly wage, further analysis 54:28 Chaos Boards - Step by step build process
56:21 Chaos Boards - How long they took
57:03 Chaos Boards - Sales, profits, hourly wage, further analysis
58:54 SECRET bonus boards ;)
1:00:26 Overall numbers analysis on ENTIRE build - sales, profits, hours, etc.
1:01:21 Capital expenses
1:02:47 Factoring capital expenses into the overall numbers
1:04:16 Potential video income/talking about what goes on behind the scenes
1:07:40 Main lessons learned
1:11:13 Review areas of opportunity i.e. where I could save time & money 1:14:10 My Final Thoughts - was it all worth it? Can you make a living building cutting boards?
1:16:26 Outro and my final ask :)
▶️ Support this channel
SHOP BOARDS: www.westcoastboards.ca/shop-1
PAYPAL: bit.ly/3NOhbBO
CRYPTO: bit.ly/3u6Zx4s
▶️ Follow me
Instagram: / westcoastboards
TikTok: / westcoastboards
▶️ More of my videos
The Biggest, Heaviest and Most Custom Dining Table I've Ever Built
y2u.be/jCm-JQRkTgY
Dining Table Made Entirely from Pallet Wood
y2u.be/JhEVEdB7fPA
The Only Table of Its Kind in the World
y2u.be/npjxCYLcuFs
How It's Made - 3D Patterned End Grain Cutting Board
y2u.be/Jrh_g79Rzh0
From Barrel to Butcher Block
y2u.be/uiu0Hkd6mb0
How It's Made - Optical Illusion End Grain Cutting Board:
y2u.be/S7qLC-lUwHI
Links to products used in this video:
3M Cubitron Ceramic Abrasive 6" sanding discs: amzn.to/3ScCsaD
Festool Rotex Sander: amzn.to/3vDPkfZ
Freud Glue Line Rip Blade: amzn.to/3iW1gE5
Diablo 80 Tooth Fine Finish Blade: amzn.to/3AOU1Up
GRR-RIPPER 3D Push Block: amzn.to/3xVopuF
Gravity Heel Kit For GRR-RIPPER: amzn.to/3D08oHI
3M BlueTooth Hearing Protection: amzn.to/2VVVB8v
Silicone Glue Brush Rockler: amzn.to/3yZumrH
Tape Measure Stanley: amzn.to/2XvzKox
Router Flattening Bit Freud: amzn.to/3CZu9qM
Pipe Clamp ¾” Bessey: amzn.to/3iV9KLL
F-Style clamps Bessey: amzn.to/3k2KhPL
Titebond III Glue: amzn.to/37OE44p
Camera Tripod: amzn.to/2XCxT1q
Sony A6400 4K Camera: amzn.to/3hRPR78
Iphone Tripod Mounting Bracket: amzn.to/3m8pptb
Belt Sander Makita 4”x24” : amzn.to/3g95WEY

Пікірлер: 877
@Graidian
@Graidian Жыл бұрын
You know, I've been going through quite a few videos these days about the woodworking business, and most workers don't want to give out even half of the information you just did. The peek behind the curtain, the statistics, the breakdown...this video was more informative and helpful than so many classes and such I've seen and taken in the past. Thank you so much for this information and the walk through your process. As I can and when I can I would love to help support you and what you do. I love your work and your humor and can't wait to see how you evolve in the future with your tables/furniture and various projects. Thank you again, Ryan!
@ryanhawkins
@ryanhawkins Жыл бұрын
So glad it was helpful to you!
@CaliCatMeow
@CaliCatMeow Жыл бұрын
@graidian hit it on the head. This video was one of the best I've ever seen on KZbin for woodworking or otherwise. It hit me about 2/3 of the way into the video (somewhat embarrassed by how long this took me) that you took the same approach to this video as you do your woodwork. Thoughtful, thorough, & attention to quality. Thank you for taking the time to make this.
@RM-cm8hz
@RM-cm8hz Жыл бұрын
nobody wants to go through this level of detail because no woodworkers want to admit that there is almost no money to be made. High intensity labor and high material cost.. combined with a high cost finished product that is limited to high end clients... the juice is not worth the squeeze.. McDonalds managers make more money and do far less work.. Unfortunately.
@rhadi2192
@rhadi2192 Жыл бұрын
This is by far the most detailed behind-the-scene breakdown I've seen on this topic - and I've seen quite a few. I am not a woodworker. I have bought some tools and gathered some practice material to start woodworking as a hobby hopefully sometime soon. I loved watching the entire video and appreciate your sincerity. Thanks!
@ryanhawkins
@ryanhawkins Жыл бұрын
Glad you enjoyed it!
@lauramarshall6376
@lauramarshall6376 Жыл бұрын
Your breakdown is excellent. I've been in the photography business for 36 years (wood working is my hobby). There are so many people in both industries who don't understand that the cost of materials is just a drop in the bucket when considering costs. Everyone who wants to be in business for him or herself, in any industry, should see this.
@ryanhawkins
@ryanhawkins Жыл бұрын
Glad you enjoyed it!
@scottmccarthy437
@scottmccarthy437 Жыл бұрын
This is one of the more educational and encouraging videos SO MANY SHOULD SEE! I'm sure there are plenty of people who see peeps like you selling cutting boards for hundreds of dollars and never think about everything that goes into making them beyond our material costs. Job well done, Ryan; have a 5-er (wish I could afford more). I wish you the best of luck in your endeavors.
@ryanhawkins
@ryanhawkins Жыл бұрын
Thank you Scott!
@peternewman9606
@peternewman9606 Жыл бұрын
@@ryanhawkins the board foot thing freaked me out 😂 would be cool to see u do a video about metric. Maybe making a metric board using only metric 😂😂😂
@ronstudd3788
@ronstudd3788 Жыл бұрын
I absolutely loved the detail level shared. Solid cost analysis is critical to every business, yet is too often never properly analyzed, or, even worse, flat out ignored. There are numerous takeaways, including the need to raise pricing and looking deeply into cost-cutting with efficiency gains in materials, labor, and overhead. Well done! Thank you for sharing so openly!
@OldManSilencer
@OldManSilencer Жыл бұрын
This is perhaps one of the best videos on running a business in general not just a wood working business. I grew up with self employed parents and while I work for a school many of these lessons were hard learned from them with similar considerations to be made.
@chilly_og
@chilly_og Жыл бұрын
Thank you for such a detailed explanation of the reality behind the scenes of us wood workers. I cringe when I think of what I need to charge a customer but then I also remember that I can't afford to go broke to give them a special built piece either :) I pray you video pays well and will for sure be sharing this to more people. More youtube creatives should do some breakdown videos like this and I hope you inspire them to do it. Thank you again!!! Chilly
@j.justin1511
@j.justin1511 Жыл бұрын
This was a massive gift to all of us who are getting started (or hoping to) and well worth my paltry gift. Thank you so much!
@roy.h.barrett
@roy.h.barrett Жыл бұрын
Ryan, you touched on an important thing.. well many... one that I find striking is your appreciation for arriving where you are how you did and being thankful for the same. I think that's a worldly trait.. humble to be sure. Thank you again.
@wttdashb2
@wttdashb2 Жыл бұрын
WOW just WOW! After reading all the comments, after watching the entire video, that's all there's left to say WOW!
@BigFx
@BigFx Жыл бұрын
I got into this via random feed recommendation, and I must say, this is not only one of the best primers on pricing around, but also for process optimization. Great work.
@petehafner1659
@petehafner1659 Жыл бұрын
Thanks for sharing your incite into your woodworking experience. Many people don't realize how much work and time goes into a project, I'm so glad you shed light on these expenses. Keep up your wonderful content and stay safe in your shop.
@joshkooistra1212
@joshkooistra1212 6 ай бұрын
As someone in the woodworking business myself, the breakdown on cost was enlightening. Thank you for your thoroughness and attention to detail. Blessings on your work!
@martinjones2998
@martinjones2998 Жыл бұрын
Hit the nail on the head with the honest info given in this video. I've been running a cutting board business for yrs and while we love doing what we do unfortunately we don't make much overall. Theres alot of other videos out there that make it sound like overhead/time to construct is much lower than reality. Bottom line is you really have to enjoy this work and you have to be willing to work hard at it but not expect as much in return as the typically -Make Easy Money On Cutting Board videos, those people post what most new business dreamers want to hear and they take advantage of it sadly.
@kestonharrison6641
@kestonharrison6641 Жыл бұрын
This is the kind of data I have collected on work I have done in the past. It's amazing how many people don't count the little bits and pieces into their costs and really don't see how much overheads cut into profit. Great to see someone expressing a genuine business approach to honest numbers . Too many dreamers out there selling nonsense ideas.
@robertcarper9573
@robertcarper9573 Жыл бұрын
What a cost / profit breakdown!!!! The time and effort to document, video & edit this alone is amazing. I don't do what you do but i can apply this method to my wood-resin casting world easy enough. A HUGE thank you for putting into perspective a subject i'm sure many of us think about but don't apply to it's fullest. Thank you very much sir.
@GetErDoneWoodworking
@GetErDoneWoodworking 6 ай бұрын
Great info on numbers here! I have my Spreadsheet Locked and loaded. Change any variable and all the important numbers to watch will update with proper formulas. Thanks a million for taking the time to break this down.
@cooperaa
@cooperaa Жыл бұрын
Ryan, my wife sat down as I was watching this video and commented that I must 'be in heaven' with all the woodworking and math nerdery going on. 😂 Appreciate your transparency in this video! And it goes without saying, you do great work! Thanks for the ideas for my own board-building and for the entertainment over the last few months.
@ryanhawkins
@ryanhawkins Жыл бұрын
Glad you enjoyed it!
@TheWhyNotWoodShop
@TheWhyNotWoodShop Жыл бұрын
Great video Ryan! I just recently started an LLC and have sold a few boards…mostly to family. After watching your video I can see I did that at an extreme loss. At about the half way mark of your video I started feeling discouraged, but at least now(and early on in my journey) I have your detailed knowledge to learn with. Im now leaving excited and confident to charge what my heart is telling me to ask for and not feel guilty about it! I also have a guide to billing no matter where the craft takes me. Thank you sir I hope you hit 1.8 million and beyond.
@esixx17
@esixx17 Жыл бұрын
Good info for people who dont think of all the details and gives you specific areas for focus on to reduce expenses to increase profits. Cheap wood that takes a ton of labor to prep and hundreds in tools/supplies is not cheap wood anymore. You Need a drum sander, cheaper source of walnut, dont need to raise grain between grits to cut production time, look into indistrial clamp racks or build them, you waste too much time and energy clamping- moving to clamp another board - moving back to unclamp and clean to move again to unclamp another then move a 3rd tine for final unclamp, buy rubber feet in bulk to cust cost by more than half. Cheaper office expenses ($25/board is 3x to high or include wirh shippinf costs). Look at LEAN manufacturing to eliminate inefficient parts of the process. Split your shop and rent to someone else or rent as storage to lower overhead. Start by taking notes on Kris Devo batching 6ft boards instead of of batching 2 ft boards. KZbin is a separate set of metrics. Outsource filming and editing so you can spend time in the shop, promote the channel to get subscribers up and get sponsors to supply newer better tools and supplies - laguna, jet, sawstop...even local hardwood dealer or online lumber suppliers
@ryanhawkins
@ryanhawkins Жыл бұрын
All good info!
@Jack_all
@Jack_all 4 ай бұрын
With your attention to detail you'd likely make a lot more money being a business manger..Most people don't understand these basic principals and this is a major reason why 80% of businesses fail.. Ive come to the realization woodworking can never be profitable or sustainable for me(without youtube revenue), but its something i still love.
@summiteffectswoodcraft8379
@summiteffectswoodcraft8379 Жыл бұрын
Thanks Ryan, this really breaks down the profits earned and the hours it takes to produce woodcrafts. I used to wholesale my products, but at the end of the day, it was the same amount of hours for half the cost. I think one big order, I made less than $2/hr. Lessons learned!
@somebuddy507
@somebuddy507 Жыл бұрын
I appreciate your honesty and transparency! You are such a hard worker, i really wish you big success. You deserve it man!
@therealwabbitamy
@therealwabbitamy 4 ай бұрын
I appreciate how thoughtful and thorough your approach was. Thank you for taking the time to put it all together for us!
@aaronchambers9888
@aaronchambers9888 Жыл бұрын
Thanks for making this video. Your cutting boards make resin river tables look like a cop out! This is a whole different level.
@timothymaggenti717
@timothymaggenti717 Жыл бұрын
Wow, I had no idea the amount of time and effort and hair pulling it takes to do this. I thought I was a hard worker but my hat is off to you young man. Thanks for sharing this with us.
@extremewoodworker
@extremewoodworker Жыл бұрын
Excellent info. I completed my first (and last) end grain butcher block in 1981 with just basic hand power tools, sanding took forever and I decided to never do that again. I am glad you included the portion on the time to video. While I have never actually timed it, I have always felt that creating a video at the very least, doubled the amount of time it took to complete a project. Steve
@gavinkelley5276
@gavinkelley5276 Жыл бұрын
Your frankness with your real numbers is unmatched anywhere! Keep up the great work :D
@fierceflyer5
@fierceflyer5 Жыл бұрын
Thanks for the video. Your experience is exactly why I have decided to keep my hobby a hobby. My free time is far more valuable than the 💵. I also enjoy the expression on the peoples faces I give gifts to.
@kathrynmoniquemedinagonzal3521
@kathrynmoniquemedinagonzal3521 Жыл бұрын
This video lines up so well to how I think! I like numbers but I also like to create. I am starting up something small with a partner and I keep track of the hours and materials as meticulously as possible. The overhead is very tricky but ours is very low considering we aren't full time as you. I have taken the accounting route as far as giving tools a time frame of longevity, dividing the cost of the tool by that time frame, and then diving that by the goal of products we aim to sell in a year. Only time will tell if my "formula" will cover everything properly........well as long as we can sell the goal. Thank you for sharing your experience!!!
@kevinnathanson6876
@kevinnathanson6876 Жыл бұрын
My compliments on your analysis; it is the most thorough and realistic of any that I have seen on KZbin. So many people forget many of the things that you took into consideration, which is why your assessment is indeed extremely accurate. The challenge you have is that your incremental cost per board is almost flat. In an enterprise that is more manufacturing oriented, the first board would be the most expensive, and then each incremental board would have reduced costs; and those are the ones that help create positive profit margins. You get there by increasing output through increased efficiency and reduced time per unit produced. All the problems you listed have already been solved within the industry, but they will take capital investment to put into place. Specifics: You need a widebelt sander. (NOT a drum sander; do NOT make that mistake! The frequency and difficulty of changing paper is a killer of productivity.) You need a decent planer and jointer with segmented cutting heads to eliminate blade changes. You need something called a clamp carrier (google is your friend...) and a purpose-built glue roller. (search for it under veneering tool suppliers.) A used sliding table saw would be a good idea as well... See your MTM friend's saw for its value. OK, here's an almost free one; Get a tub and immerse the boards in oil. Let physics do the job! With those tools you could produce double or more the board count in the same time as the ones you made here. Now, do you WANT to do that? A much bigger question that I can't answer for you... Best wishes with your business!
@ryanhawkins
@ryanhawkins Жыл бұрын
This is really good advice. Especially the wide belt sander vs. drum sander. Thank you for taking the time to comment
@rickschroerlucke
@rickschroerlucke Жыл бұрын
Thank you so much. Your breakdown of time and material are part of the process and should be accounted for when pricing your product. Great video! You make some awesome boards! Very professional work.
@kingdomtouchesbyajayrichrn6077
@kingdomtouchesbyajayrichrn6077 Жыл бұрын
Thank you for this. I’m just getting into cutting and serving boards. If you invested in some additional tools, such as a CNC, larger plAnar or drum sander and perhaps a more powerful table saw, you could make your money and not have to raise your prices as much as is represented in this video. A CNC alone gets you a bunch of time back. The world needs your work!
@LindholmMTB
@LindholmMTB 7 ай бұрын
Thank you for this video as a new business owner this helps so much! Already doing so much math in the making side of woodworking is crazy enough!
@reggiejenkins6458
@reggiejenkins6458 Жыл бұрын
I’ve been a general contractor working for myself for about 20 years. I make over $200k/year. I like woodworking, and would love to build things here and there as a little side business, but I know enough about these types of businesses to know there is almost no way to make anything resembling good money making knickknacks like cutting boards, etc. Even nice ones like yours. It’s fun to do here and there, but as a serious business, it’s a dead end. There’s a reason the small scale but successful woodworkers charge a ton. You just have to. Trying to fight against math is a useless endeavor. Scale can save you, but it’s a long hard fight to achieve it. People can be smart about the process and make $50-60k a year, but getting up to $120k+ is rough. But your math logic is great, if anyone can do it, it’s you. As long as you pay attention to the numbers and can grasp the logic behind them, you’re top 5% automatically.
@douglasbrown3493
@douglasbrown3493 Жыл бұрын
Thank you for a real life lesson on the economics of running a woodworking business. Well done!
@ryanhawkins
@ryanhawkins Жыл бұрын
Thanks for watching!
@kaceyklaus3338
@kaceyklaus3338 Ай бұрын
Fantastic Video! I've been looking for a video to spell out the details of building a cutting board business. You answered so many questions I've had the last few weeks. Thank you.
@BrettsWoodshop
@BrettsWoodshop Жыл бұрын
Thanks for putting all this together! I just started my woodworking/KZbin business a little under a year ago and the $ value of time and effort has been one of my big struggles. Just subbed and look forward to more! God bless!
@billybartlow2968
@billybartlow2968 Жыл бұрын
Great job on the detailed breakdown! You did an awesome job at presenting the information! Hopefully, this video will get to a lot of those who under price their work.
@eshelmanwoodworking5934
@eshelmanwoodworking5934 Жыл бұрын
Fantastic thorough info on calculating real costs and maintaining proper profit margins. Thank you!
@darthroach9057
@darthroach9057 Жыл бұрын
As a hobbyist I'm just glad that how much time it takes me to make a cutting board is about the same as you. I was starting to question how everyone else does it so fast. Hope you got that planer and drum sander!
@roy.h.barrett
@roy.h.barrett Жыл бұрын
Well done Ryan. You put a lot of effort into this video production. You're work is beautiful and your delivery is thoughtful and informative. Thabk you for all of it ... bumper to bumper excellence!
@nickspor
@nickspor Жыл бұрын
This was awesome, thank you for taking the time to do this.
@ryanhawkins
@ryanhawkins Жыл бұрын
Glad it was of value to you
@tomking151
@tomking151 Жыл бұрын
I've been following your videos for some time now and can empathize with your struggles. As a semi-retired woodworker at 74 I have a shop and all the equipment needed to make cutting boards myself and have been toying with the idea for about a year. I find your analysis quite sobering and really appreciate all the work you put into it. Perhaps I'll keep it a hobby for now as my desire to work 10 hour days for $10.00 per hour is somewhat diminished after 40 years in the business.
@ryanhawkins
@ryanhawkins Жыл бұрын
Thanks for watching
@Tito1984
@Tito1984 7 ай бұрын
ditto
@ronmcdonald754
@ronmcdonald754 Жыл бұрын
Great video Ryan, it’s absolutely obvious you love what you do and create in your shop! I’m really glad I purchased an amazing board from you last year. It’s awesome and it’s used often, waxed and buffed between using it!🤩👍🏽
@ryanhawkins
@ryanhawkins Жыл бұрын
Thanks Ron, glad it’s still serving you well!
@mcfarlandcustoms
@mcfarlandcustoms Жыл бұрын
I’m listening to this while making cutting boards for Christmas gifts. How awesome.
@jesusav6009
@jesusav6009 Жыл бұрын
Woow amazing I am starting in the cutting boards making in mexico and struggle a lot triying to sell then in around $150 dlls your video makes me realizing that I should look for a better market thanks a lot
@BillyRillkratz
@BillyRillkratz Жыл бұрын
THAT is an honest and very much appreciated video!!
@lisaalbrecht7900
@lisaalbrecht7900 Жыл бұрын
Thank you for your hard work on this video and your other videos. I LOVE your channel! I have learned so much by watching your videos. Looking forward to whatever your next build turns out to be.
@ryanhawkins
@ryanhawkins Жыл бұрын
Glad you’re getting value out of my amateur projections 😉
@donesry2902
@donesry2902 Жыл бұрын
Thank you for the video. Your openness and honesty are refreshing. I watched this with my wife and I kept saying “and you wonder why it takes me so long to complete a project”. It’s a lot of work and for very little money. I cringed at your cheap oak flooring. But you definitely confirmed my thoughts on that. But your product is amazing. I love your boards. Best wishes on your work going forward!!
@ryanhawkins
@ryanhawkins Жыл бұрын
Thank you!
@michaelrybak4189
@michaelrybak4189 Жыл бұрын
This is the greatest cutting board video on YT. Thank you.
@fderivia
@fderivia Жыл бұрын
Thank you so much for the time and work you putted in this video. Its so helpful for someone that is starting a woodworking bussiness.
@ilkeryoluk-hoffmann9295
@ilkeryoluk-hoffmann9295 Жыл бұрын
nice video . I sell and build boards for 10 Years now.. your absolute right in your calcs, in my first year i was on this 10 € / hour gap. then i invested alot in sanding machines, drum sanders, and heavy planers, now i am over 70 € / hour... Machines rock.. thx for your video.. :)
@FatLittleOldLady
@FatLittleOldLady Жыл бұрын
I broke my rule of never subscribing to anything until you and a few other woodworkers came along. You got your stuff together. Bet your tables and stuff will be worth millions one day. It should be worth it to continue building knowing you ha ve immense respect of every single person who has subscribed Over 81k! Congratulations.
@ryanhawkins
@ryanhawkins Жыл бұрын
I truly appreciate hearing that. Dropping my next table vid tomorrow (Dec 24), stay tuned 😉
@theweekendwarrior6355
@theweekendwarrior6355 Жыл бұрын
I hope you make it to 1.8 million views on this video. I greatly appreciate this video, it really showed me the ins and outs of this business and everything that goes into it.
@colas11
@colas11 Жыл бұрын
Thanks for the time you put on this video, and all the information we have always wanted to know about the business. This is the first time I click the "thanks button" but I really think you deserve it! You got a new subscriber here!!
@Cheshire-Coatings
@Cheshire-Coatings Жыл бұрын
Wow Ryan, a big reality check on the cost. Like some of the other comments on here, most woodworkers don’t show the info you’ve provided. Hope the endless viewing of your videos helps towards providing more income.
@andreabuzzolan9807
@andreabuzzolan9807 Жыл бұрын
Awesome video, this is exactly the reason i like youtube you can find jem like this that helps you have an insight on what you usually see in videos. Great work💪
@vincentdimick7012
@vincentdimick7012 Жыл бұрын
When people want a detailed breakdown of why custom work costs so much I’m gonna refer them to this video. Awesome job.
@EliKatz
@EliKatz Жыл бұрын
Thank you for bravely sharing your experience.
@gregjolme8426
@gregjolme8426 2 сағат бұрын
Thanks Ryan, I spend 20 bucks going to the cinema to watch roughly a 2.5 hour long movie, so I thought I'd donate roughly the same. I learnt so much from your video, and it was entertaining to boot, cheers from Australia 👍
@gregdooley1779
@gregdooley1779 Жыл бұрын
Great information for any woodworker out there.
@willwilliams7057
@willwilliams7057 Жыл бұрын
This was a great...very great video. I started this woodworking hobby to have something to do after 37+ years in the Fire department and the same in US Army Reserve (7 overseas deployments). I never expected it to become a way to make money. I went to an engineering high school (Baltimore Polytechnic Insitute), woodworking just seemed to be the right thing to have as hobby for me. I did an inventory of all the tools I have. I'm well over $35,000. They are not all the number 1 or best tools, but what works for me per my ability, safety and pocket. Some of them are garden tools (lawn mower, trimer etc.) some are machine tools for car repair (floor jack, engine lift, socket set, etc.). But a good portion of 35K, are woodworking tools. (3hp Sawstop table saw, drum sander, Dust Right, Ridgid tools, etc.) So, for me there would be an additional cost to calculate. And I would need to also include the books a magazines and classes. I do want to make some of the things I have seen on your many videos, but I did not start this until about 6 years ago. I'm not at the level to be selling too many things yet. So, for right now I think I need to keep it as a hobby and maybe an occasional money maker. Please keep doing what you do!
@mwdh9100
@mwdh9100 Жыл бұрын
This is underrated! GREAT!!! It must have been so much work to put this together. Thank you very much
@POLPO_WOOD
@POLPO_WOOD Жыл бұрын
Ryan, love your video's. I recently started woodworking as a hobby, wanted to make some money on the side. This video kind of makes me want to cry haha. You are a machine, so much intensive labor! Glad to hear you find it hard to push trough these long hours of grinding making the boards and are indeed also a human!
@ryanhawkins
@ryanhawkins Жыл бұрын
Glad you enjoyed it!
@jasonracette6143
@jasonracette6143 5 ай бұрын
Thanks! Great breakdown of your project. More people need to run their numbers and understand what their time is worth! Keep up the great work!
@COMEGETSOME27
@COMEGETSOME27 Жыл бұрын
What an amazing video Ryan!! You poured your heart and soul into those boards and equally so into the filming and information in this video. As a newish woodworker trying to figure out a small business this video has undoubtedly saved me more than $5 but I wanted to send over what I could afford as a small thanks for putting out this extremely helpful content! Best of luck to you in the future, I know you'll get to that $40/hr and well beyond soon enough! :)
@cayceesmith2650
@cayceesmith2650 Жыл бұрын
That was such an awesome comprehensive explanation on the reality of being in business. THANK YOU!!!
@Boltron
@Boltron Жыл бұрын
this was a great insight on it all. i do things way too simple . and what i learned is i really need to take into account of more than just material cost. thank you .
@LumberZack
@LumberZack Жыл бұрын
Awesome video! I'm currently working on a batch of 50 cutting boards (not end grain) and keep wondering to myself if it's even profitable. This is great information to help refine processes and be more efficient.
@williealvarado2008
@williealvarado2008 Жыл бұрын
Great insight into cost vs profit. I appreciate you sharing all that knowledge. God speed on your tool upgrades.
@dconter
@dconter Жыл бұрын
I see on a lot of the Woodworking Facebook groups, people always asking what to charge for their work. I'm going to point them to this video. It takes into account so many things other people don't consider, but should. Thanks for sharing. And nice work on the boards
@ryanhawkins
@ryanhawkins Жыл бұрын
Thanks for spreading the word
@lazuruslong3405
@lazuruslong3405 Жыл бұрын
I appreciate what you have done with this video. Transparency is something most people are unable to do. That being said, I feel like there are a few things that you are doing that are costing you time. You speak of MTM and I think he is probably the GURU of boards, at least on KZbin. I watched his two videos on how to make a cutting board. Generically. He never glues both sides of his pieces. He never unclamps and scrapes the excess glue off and then re clamps. This takes time and it's not necessary. Some of the boards take several glue-ups, so every time you do that, it's lost time and lost money Secondly, get a 20" thickness planer so you don't have to do glue-ups that fit your 13" planer. Purchase or build a drum sander. Get the best random orbital sanding pads you can find and don't over use them. When they are done, throw them away. The hardest thing you may need to do is move out of the big space and get your overhead down to where it isn't costing you an arm and a leg. I would kill for that much space, but if it's eating you up, you probably need to give it up or ramp up with a helper so you can get enough production to offset the cost of the facility. All that being said, you do great work with very nice quality. Good luck with your business!
@roy.h.barrett
@roy.h.barrett Жыл бұрын
Thanks Ryan! Your time, effort and thoughtful approach deserves a small bump. Hope it helps somehow. Good Luck Brother.
@scottedgar7529
@scottedgar7529 Жыл бұрын
Thanks for sharing, very informative. I also make boards and have taken the leap to pursue my passion "full time" a little over a year now. It's a scary thing! Best of luck to you, and I believe you will make it work.
@user-nw2wi4oe4v
@user-nw2wi4oe4v Жыл бұрын
Hi Ryan, excellent breakdown of the cutting board process! I've been in the cabinet making for 18 years and the only thing that have worked for me is using the Toyota system, or in other words the lean manufacturing process. Paul Akers explains it very good. the key is to start slow and be consistent every day. Beutiful cutting boards by the way! 👍
@garyhubley
@garyhubley Жыл бұрын
Helping the algorithm! :) Thanks so much for this video. I will no doubt be watching it again in the future
@marcuswebb9954
@marcuswebb9954 Жыл бұрын
Amazing on all counts - impressive to see the work output and inputs.
@RonMartinelli-nt9qg
@RonMartinelli-nt9qg 3 ай бұрын
WOW, that's an extremely detailed analysis. Well done, and thanks for sharing !
@MapleRidgeWoodworks
@MapleRidgeWoodworks Жыл бұрын
Fantastic video Ryan!! Keep up the great work!!
@landonsmith4338
@landonsmith4338 Жыл бұрын
Great video. Always a ton of variables, but it definitely is an outline that can be used to figure out where money can be saved and time could be saved. Usually saving time equates to purchasing better/bigger more efficient machines. Its a tough way to make a living. I have a business that specializes in custom work which has its pros and cons too. For me, I have to do a balancing act between doing what i love and doing what pays the bills. Such is life. Great video! Zero negative feedback from me. I always try to learn as much from someone's process to apply or modify from my own situation! Keek up the good work!
@ryanhawkins
@ryanhawkins Жыл бұрын
Thanks!
@robertkrueger3902
@robertkrueger3902 Жыл бұрын
Best video on the business side of wood working ...I need to show this video to my neighbors who insist I do things for them ..
@plieka
@plieka Жыл бұрын
Amazing video, thanks for also clarifying what you make and what you want to make and what that does to the final sales price
@icarium9304
@icarium9304 4 ай бұрын
Sad to see you haven't hit the 1.6M views yet. I stumbled across your videos, and 4 or 5 into the rabbit hole and I watched this movie of your breakdown of expenses. It was informative and entertaining, keep up the great work.
@jasonjohnson6216
@jasonjohnson6216 Жыл бұрын
My dad was a woodworker. Garage shop, worked endless hours nothing. I like the way you break down expenses. Most people have no idea what they are getting themselves into. Woodworking is a tuff industry
@adammock1930
@adammock1930 8 ай бұрын
Thanks for the honesty!!!
@ryanhawkins
@ryanhawkins 8 ай бұрын
Thank you!
@TandavaDalmatians
@TandavaDalmatians Жыл бұрын
I thoroughly enjoyed your video. You are a good, honest guy who is very likable and trustworthy..Best of luck to you and know that you have at least one more subscriber..
@EastAvenueWoodWorks
@EastAvenueWoodWorks 7 ай бұрын
Hi from Australia. I Just started on my woodworking journey and my main medium atm is palletwood. Your channel (amongst others) has been a huge inspiration for getting that journey started and figuring out which direction I want to go. Cutting boards are very high on my list, but I am thinking they will be more scrap wood projects, time fillers as I still want to work on bigger projects (once I have learnt and worked upon my skilset). Thank you again for the inspiration and keep up the great work. All 3 of my youtube accounts are subscribed to this channel. Hope that helps in some way.
@popparock6506
@popparock6506 Жыл бұрын
I really liked all the info given and the TIME you invested in explaining everything! new sub!
@emungai
@emungai Жыл бұрын
Thanks! Better than any quality earnings call I've listened.
@ryanhawkins
@ryanhawkins Жыл бұрын
Thank you!
@zachdavis7729
@zachdavis7729 5 ай бұрын
Bro… this is the most well put together video I have ever watched!
@larrys5198
@larrys5198 Жыл бұрын
Your "only table in the world" is what caught my eye. Like your craft/skills. Hopefully, you'll still be doing this in 3 years so I can order a bigger table based on that design concept.
@andersonolive4553
@andersonolive4553 Жыл бұрын
Awesome video Ryan! Love your work as always but appreciate the effort you put in to this to educate us on the business side of things! As someone who isn’t good with numbers and will just work hard and make sure my accounts in the green it is good to see some of these calculations. Cheers from Northern California!
@ryanhawkins
@ryanhawkins Жыл бұрын
Glad you liked it!
@raybozzer8119
@raybozzer8119 Жыл бұрын
Hey Ryan, you did a great job at explaining everything. To earn a decent wage is difficult in woodworking unless you get some high end clients. Keep up the great work!!
@arthurenright4146
@arthurenright4146 Жыл бұрын
Great video! Appreciate the detail and stepping through the methodology to break it all down. I hope this one goes viral and gets you closer to that well deserved $40/hr!
@ryanhawkins
@ryanhawkins Жыл бұрын
Thanks!
@michaelurciuoli7899
@michaelurciuoli7899 Жыл бұрын
Awesome presentation. Well done.
@rdmjone
@rdmjone Ай бұрын
Thanks so much for this video and your openness!
@bushman4124
@bushman4124 Жыл бұрын
This was a great eye opener behind the screens well done, i had to recalculate everything to metric LOL but i use now your formula to calculate a project of my own to see if it is worth it.
@tomleed2818
@tomleed2818 Жыл бұрын
I like your video and feel fortunate finding it. Something to consider to follow up with is an abbreviated video on how to build a customer base. How to approach the market to generate sales. Your explanation on how to measure time, and material in order to make a profit was excellent, well thought out and very well explained. Job well gone! Let us know your thoughts.
@hhanger1
@hhanger1 Жыл бұрын
Andrei is amazing. It's been fun watching his twins grow up as well.
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