Low Cost High Profit - Small Projects That Sell - Make Money Woodworking (Episode 3)
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- Опубліковано 9 кві 2022
- Grow your woodworking business with "smalls"! Ready for part 2!?! Often times smaller items are looked over by new builders because they are looking for that build that will bring in a nice profit. In this video, I discuss the power of smalls. Ultimately any business comes down to profit margins. I'll give you a few examples of how selling items that anyone can afford can generate crazy sales with very little cost of goods sold!
Sometimes we overthink things when the most profitable items we are looking past. Let's change that.
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#DIY #build #woodworking #palletwoodprojects pallet wood projects
Love this. In less than 60 days I’m quitting my full time corporate job and doing wood working as a means of income. I want more time with my family and more control of our future. Thanks for the videos
Wish you good luck sir!!! 💪🙌
Man, I hope that works out for you! Keep us updated
good luck !! thinking about that myself!
Need an update!
How's it going?
the author does like to from scratch, shaping and trimming wood from large blocks into fine finished products. ua-cam.com/users/postUgkxD-QRFQz730FJEh4f9BYSf-nkIMIC9hL_ as another reviewer mentioned, most projects require a lot of high-dollar equipment that most of us dont have the room or budget for. But, knowing how to do these things, even if we wont be able to practice the full stack project, is still great.
Hundreds of UA-camrs that talk and talk to show you how much they know and their knowledge. Only one that talk straight to the point to teach US how to make money and that's you my man 💪. I really enjoy and appreciate EVERY SINGLE video.
Thanks so much for your kind words Arnaldo. That's why I started this channel... To honestly teach from my experiences... to help motivate and let people know that anything is possible... You may have to get creative... but it's possible. Thanks for watching!
I don't think I've ever subscribed so quickly to a channel. I'm a new mom, and my husband and I live far from family, so I only work on days my husband is off. I've been looking for a creative outlet that would let me also make a little money and THIS just feels right. I've always loved working with my hands and can't wait to make a few of these items.
Welcome to the community! So glad to have you. You are going to love it. It’s a wonderful outlet and great side hustle if you want it to be.
@@MatthewPeechWoodworking thank you!
I just want to thank you, because I know you can make tons of money, selling your ideas, just like everybody else does........... thanks for giving us free hope to survive.
No worries Ramon. Thats why I got into this. You've got this my man.
I’m binge watching your videos.
I love owls! Great idea!
Thanks!
Video idea. Day in the life at a show. Getting ready, setting up, sales progress during the show, breaking down and a summary of what went well and what did not.
5:30 looks like something an unsuspecting guest would fall on and be impaled.
My dad died feuding with his brother over petty nonsense and greed. Before they started feuding, my uncle recommended that my dad use his limited but practical woodworking and welding skills into being productive with our comparitive to the neighborhood larger backyard. Building upstate NY mountain style deck reclining chairs was suggested. Pre cov, rich fools were spending 400 a chair and we have a near by lumber yard. Knowing my dad he could have pumped out alot of chairs in the good weather days and saved the scraps for smalls. He would have outperform his brother's monthly side Hustles and reinvest into something useful like another house. Instead he didn't listen and died poor. Don't be like him, don't waste your skills on blind hate when you can openly spite them with productivity.
Like the 4x4 owls, can imagine them with a small candle on the top.
Have to drop a comment on this one too just because I appreciate all of this so much. Love you!
You are my hero.
Furring strips are a poor man’s best friend 👍🏼
No my friend... in these crazy times they are a smart man's best friend!
Thanks for the ideas. I made a few owls this afternoon, just for fun. They turned out pretty good.
Interesting! I make crooks, market sticks and other kinds of sticks here in the UK. My sticks are carefully crafted entirely by hand and finished with oils. Many stick makers follow the same process. At a county show a few years ago I witnessed a stick maker displaying is beautiful selection for sale with price tags of around £150 each and he sold one - all day - and had to negotiate down on the price to get the deal. In another area of the same show on the same day was a guy with bins full of 'rough-cut' sticks; not straightened, mostly green wood, not sanded... in fact nothing more than a stick cut out of a hedge. His 'walking sticks' were advertised at just £5... and he'd sold over one hundred by lunchtime.
Keep up the good work bro!
My father in law is giving me his frame shop so he can retire. We make custom picture frames from old barn wood. He has a customer base that is reliable and keeps him happy with only doing frames. We make alot of them but have some down time usually and times can get rough. He refuses to do any of this small stuff saying it's not worth our time or effort! I was starting to make things but hes really made it seem not worth it. Your video has confirmed my suspicions and am moving full steam back into smalls tomorrow as I'm not working this week due to no orders. So thank you! Maybe I will show him part 1 and 2 aswell.
4:44...I just looked up this ladder on Pottery Barn Canada and I was SHOCKED !!!
$268 PLUS TAX AND SHIPPING.....we get so screwed here in the Great White North.
Focusing on lower-cost higher volume things like this is also going to let you greatly expand your market. The amount of people who would want a $1000 piece of furniture are harder to come by than how many people could drop $30 on something they thing is cute.
Exactly Denman.
And people who are going to drop $1000 aren't likely to be at a craft fair, or event like that very often.
I stumbled across one of your videos and I'M HOOKED!!! My husband loves to play with wood and wants to learn more. You"ve totally inspired us and are grateful for kindness and sharing. Looking forward to watching more videos. Thank you.
You are a freakin' GENIUS! I appreciate each and every video of yours I watch. Thank you, thank you, thank you!
Hello from HEAVEN SENT HOMESTEAD. IN ARIZONA. I absolutely love the split drawer stand over your left shoulder
I'm a wounded vet and can't do a regular job. I love creating with wood and hope to be able to supplement my income with your absolutely brilliant, informative, and just awesome creations and advice. I love your knowledge, passion and business insights. Keep'em comin' brother! And thank you!
I am a disabled vet with narcolepsy. I can not work a regular job, but want to try something like this.
@@roberthicks1612 I have been reclaiming used pallet lumber, I just saw the boards free. Short pieces are most of what I need to build almost anything! Best wishes and prayers in these hard times!
Thank you for serving!❤ I’m a disabled vet as well and need to supplement my income. Only issue is I’m losing grip in my dominant hand because of a neck injury. I love the idea of smalls and hoping my less dominant hand can work well enough to get some things started. ❤
@@b.l.wilson9724 Keep up the good fight Brother. I hope the loss of feeling stops soon and you don't loose the use of your entire hand. I only have two fingers on my right hand but have to compensate. I hope that you will as well and be able to continue with your passion.
Pro Patria, honour and strength.
@@boxbreaker4863 thank you. 🙏🏾❤️
Good afternoon, Matt. In recent months my home restoration business has taken off again; so I am doing smaller builds in the workshop. My favorite (and most profitable) project is the garden trellis you recently remade the video on. I'm actually using pressure treated fence pickets so my build cost is less than $5! I've sold nearly 200 trellises at $25 each! The best part is that I have a free spot right next to a very busy road in my hometown to set up a sell my items on the weekends!
Man that is sooooo awesome! And yes! I've commentented several times on using fence pickets! Actually the next video will show what I made out of fence pickets that costs less than a 2x4 and lowes sells for over $100! Congrats on the sells and way to improvise!!!
Irs is watching…
So you literally work for nothing… 20$ sales -5$ material leaves you 15$ to pick up the material, cut, drill, assemble + take time out of your day to sell them… assuming you do things right you have taxes coming out off your profit as well
@@martin8829 It seems you're missing the idea of mass production.
You broke down his profit per item.
It doesn't work that way.
1 trip to the store. All materials picked-up(not an extra trip, you go when you NEED to) If you have it on order, it's ready to go when you get there.
At the shop is where the real time is saved.
Every cut is reproduced quickly , production style. You could cut all the pieces in one shift. For all 200 trellises.
A couple more shifts to produce them.
That's not much work for $4000 gross profit.
@@cattleNhay The point? As I once told a loan officer when questioned about depositing cash in my bank account when she was saying some nonsense like, "It's illegal to do that." I could not help myself, "Do not say stupid statements. What is illegal is not reporting your income. I also collect cash for my rental properties and deposit that money, too. If someone writes me a bad check, then we are on a cash basis moving forward. Check our Income Tax statements and you will see we Legally paid tax on the cast received. NOT reporting it would have been illegal since we have made money." Who cares if the IRS is reading these posts? They have to pay tax on what they earn and spend as well.
Hello from Arizona. We live off grid and have loved wood working since young kid. Now looking to supplement my s.s.d.I. income
Thank you. I getting easily discouraged when it comes to making something from my heart and no one acknowledge it. The last part of the video is an encourager for sure for me.
Hi Matt, Im 66 and have worked as a residential contractor when i was in my 30's, but after having back surgery back in the mid 80's and then the economy where I lived ( Cape Hatteras N.C) went bust and the bank fore closed on two spec houses that I had up for sale, I went bankrupt. But I've never gave up the one thing thats in my blood which must be saw dust, because I still love to spend my days out in the garage building boxes and frame for my honey bees. But now that I've seen you on youtube, you have inspired me to start making things to sell, as we are presently living on just my S.S..
My wife hasn't worked for 11 years due to a medical disability. We've been fighting for her to get disability. for the last 3 years by keep getting denied. We finally got a layer so we're keeping out finger crossed. Anyway I want to thank you for helping put a spark back in my engine, Because of you I'm excited to get back into making money and hopefully selling stuff that will help with our income. You ROCK DUDE!!
Sam
You've got this Sam! Success is a mind set... settle for no less. Go get it!
Not sure how I was unsubscribed however, I have stumbled back across your wonderful content! Hope all is going well!
Matt, I just want to thank you for your videos. On the 7th of April 2014, I was forced to make the decision to put my mother in an assisted home or shut down my fairly new business to take care of her after she was diagnosed with Dementia and Alzheimers. The obvious choice is mom comes first, and so I shut the doors to take care of mom. All the while thinking. No big deal I can go back to work anytime, being I have been in construction my entire life since the age of 14. Here it is 8 years later getting ready to turn 58 in May and reality hit and hit hard and got me thinking. I'm too damn old to start all over again from scratch. And one day as I was practicing my lines " High, welcome to Walmart" or "Would you like that Super Sized?" preparing for the very real possibility of what kind of job I will be able to get at my age while watching UA-cam with an adult beverage ( Jack Daniels). One of your videos popped up and caught my attention so I watched it. And for the past few weeks, I've been checking out your videos. It never dawned on me that I have a bunch of materials leftover from jobs I've done and tools that are just sitting and collecting dust and rust and not being used. And now kicking myself in the butt for not thinking of doing this myself for the past 8 years. And chances are I probably could have had close to $500,000.00 in the bank by now working from home doing this. Thank you for saving me from the Walmart Greeters position and or bail money for when I pull some smart-ass teenager over the counter for a lesson on how to respect his elders. Again thank you, sir.
I congratulate you on your choices and demeanor .... all the best
@@thefifthwave7761 Thank you.
Oh how I wish I could get a get out of jail free card and do exactly as you explained on teaching the new disrespectful punks some manners . I fear for my kids future on how these kids are acting and not having any respect for not just the elderly but peoples property . I want to make the statement that Not all kids are bad .
You ever think of writing? You have a way with words and drawing people in. 😂 Best of luck in the building endeavor, you should do well!
Back in the day I tallied up all the consent forms from a tattoo shop I worked at. By far the biggest chunk of our sales were $40 shop minimums. Smalls are good for business!
The wall art is my main income source. I gifted one that I was experimenting with (made with ripped 2x4s and 2x6s I had salvaged), and people saw it and I had orders right away for half a dozen more. I mostly do them as commission pieces, and it's crazy how much someone will pay for a unique design that matches their decor.
I'm building up a stock of various sizes and designs also to put in an art booth at a fair this summer.
By the way, if you do these I've found it best to rip at about 1/2". I tried 1/4 and those tend to warp too much due to uneven drying, unless you have old dry salvage wood.
The distressed look also seems to sell best. Use a combo of stains, milk paint, salt effect, and even glue crackle.
Just want to take the time and see thank you for all the great ideas you have given us. Being disabled of always try to wonder what extra things can I do that wouldn't injure my back, and your projects I just perfect. Thank you for what you do and continue to do what God has bless you to do
Thank you for another great video.
At 63, I was looking for some interesting way to make additional money...
just found it...
thanks
dude you're plaaying life like its a video game there
Had a guy who owned an antique shop. He told me if you can’t get into a cars truck don’t bring to me
For paint, hit your big box and local paint stores and buy their mistints. Pennies on the dollar.
Heck yea. Great tip!
I make license plate birdhouses and sell them for $15. I bend the bottom into a U shape, the top one into a peak shape, and then crown staple the two wood "home plate" shaped pieces and drill the entry hole and a screw covered with rubber tubing for a perch.
I am enjoying and learning so much from your channel - thank you!!
Dude, I love your videos. I do remodel work and the materials I demo are usually destined to be burned in a pile or hauled to the dump. I live in a very rural, Gold rush area of CA built in the 1850's. I haul old lumber home with 15 layers of paint and batch all kinds of smalls out of it for one of the stores on main street. We both make money and everyone is happy. Smalls is where the money is and if you batch it right, you can listen to music in your shop all day and enjoy the work. Thanks for your videos. Seems like you live a cool lifestyle. I'm seriously considering doing this kind of stuff full time.
I think this is one of (if not the) first time(s) I have seen one of your videos. Liked and subscribed.
Keep these videos coming, I love seeing new and fresh ideas!
Great work man
I've been doing demolition for a decade.... Can't believe I never thought of saving barn wood and heritage house trim for projects like this... I've even seen slabs of live edge wood get thrown out and I never thought about doing anything with it... Till now
I love these videos! Thanks Matt for the inspiration
Thank you Matt! Keep it real.
Thank you! These ideas are so inspiring! Each year I custom paint Easter eggs for the family and have made display racks as gifts, but as I near retirement, I 'll need to ramp up on the smalls from scrap for some extra cash. These are great!
Matthew Peech thanks for another great video!! Love them!
Wow! Just found your page. Such helpful information! I’m retired and thinking of making and selling woodwork at weekend markets, etc. Such good info and ideas from one who’s been there and done that. Thanks for the videos.
Best of luck!
Great info. Thank you.
Great advice! Thank you buddy! Just what I was looking for.
Awesome ideas!! Thank you
Worked as a temp worker for school and tore down an old playground set made of mostly 4X4's and 6X6's, redwood. Can't say how many things I've made over the years out of that redwood scrap, lined my entryway with pieces ripped down to 1/4 inch thick, made picture frames, jewelry stands, rustic miniature chests, etc.
Heck yea.
As always, fantastic info. Thank you so much! I just love your channel!!
Fascinating, Thanks Matt
Inspiring! Great video
Well done Matt, awsome advise keep em coming
Thank you for the videos Matt.
I feed the pumpkins to my livestock. Lol
I watch your videos over and over to help inspire and get me all motivated. You're like the Tony Robins of wood workers. 👍🏽🤙🏽
Outstanding video and info. Thank you.
Keep it coming!!!!
Thanks for the heads up
Once again, well done.
That dresser behind you that's split is freaking awesome!
Amazing. Would love some more ideas! Cheers
Excellent advice and suggestions as always Matthew. Thank you.
Great video and advice. Keep them coming.
Greatvm ideas!!! Tks so much!!!
Thank you again for another great video!
So glad I found your videos this is what I'm wanting to do
I’m hooked on your channel now. It’s going to take me a while but I will binge watch ALL your videos😉
I'm digging these ideas, Matthew. Thanks!
I've been making bottle openers, ones with metal inserts that are handheld, and ones that are mounted on the wall with a bin for bottle caps at the bottom. They're quick to make and easy to sell.
Thanks for the video, Matt. I really appreciate the time you put into these videos and the ideas you provide. I'm glad I found and subscribed to your channel.
Again another great video. Thanks for the continued stream of money making ideas.
That’s some real good advice. Great ideas.
great video, thanks!
You did it again Matt. Another great video, your very smart. Keep up the good work brother.
Good advice and information thanks for sharing with us much appreciated 👍
Thank you so much for all of your extremely helpful advice, you are the man!!!
I love this channel. Thank you! You are talking my passions!
Congratulations. I'm so glad this channel is growing so well, great to see a channel get the recognition they deserve.
Thank you very much!
I love your videos. Glad I found this channel
Great free advice!
Thank you for this information
Good content and great information thanks so much.
Great video man! Good delivery and lots of good profitable ideas for people. Also, I'm glad you found a place for your crazy furniture builds! Those are still epic!
Ty for the great ideas and the inspiration you have given me and I’m sure thousands of other woodworkers out there . Ty for all you do making these videos all takes a lot of time and I appreciate it so much .
This video is insanely helpful. It's got my thoughts flowing
This was great! I've been interested in the idea of woodworking since I was a kid but didn't know where to start. This gives me a lot of inspiration and the pieces you've created are honestly so cool. Thank you for the video!
Awesome video, thanks
The knowledge you're dropping on here is priceless!
Love this guy!
Awesome ideas Pal. Love the way you are thinking out of the box. I will definitely use your knowledge going forward.
Love these
Thank you very much for all the great information and advice!!!You rock brother
Hi Matthew, some great ideas there and thank you for inspiring me to have a go.
Matthew. Thanks for your great ideas
Thank you for helping to inspire me (& others) with your grounded approach to woodworking ideas.