How Much MONEY I Make Building EXTREMELY Custom Cutting Boards
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- เผยแพร่เมื่อ 3 มิ.ย. 2024
- 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 :)
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▶️ 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 - บันเทิง
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!
So glad it was helpful to you!
@graidian hit it on the head. This video was one of the best I've ever seen on TH-cam 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.
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.
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!
Glad you enjoyed it!
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.
Glad you enjoyed it!
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.
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.
Glad you enjoyed it!
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
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.
Thank you Scott!
@@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 😂😂😂
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.
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!
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.
TH-cam 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
All good info!
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.
Thanks for making this video.
Your cutting boards make resin river tables look like a cop out!
This is a whole different level.
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.
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!
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!
Glad you enjoyed it!
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.
Glad you’re getting value out of my amateur projections 😉
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!
Glad you liked it!
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! :)
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!🤩👍🏽
Thanks Ron, glad it’s still serving you well!
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.
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!
My compliments on your analysis; it is the most thorough and realistic of any that I have seen on TH-cam. 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!
This is really good advice. Especially the wide belt sander vs. drum sander. Thank you for taking the time to comment
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.
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!
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.
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.
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!!
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!
Thanks!
Hats off for your unbelievable transparency on this subject! There's so many data/metrics exposed in this video, it would be awesome to have more video done like this by other YT channels. Truly glad you made this one :)
I would also suggest that you reach out to different brand and try to get some sponsorship in the form of more beefed up (industrial) tools. Table saw on its last leg? Reach out to Saw Stop/Harvey/Laguna, I'm sure they would be glad to help you out! Same for the planer... I can hear the little dewalt planer scream when boards goes in and out of it (I know I had one) :D
As someone suggested, go with something that has carbide inserts, it'll pay for itself with the amount you are currently spending on planner/jointer knives.
Anyway comments is getting ridiculously long... like the video ;) So keep at it, you are really inspiring to watch :D
All good feedback, thanks!
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.
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.
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!
Your frankness with your real numbers is unmatched anywhere! Keep up the great work :D
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.
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.
Thanks for watching
ditto
I’m only through the brick board build and costing and am very impressed with your detailed breakdown. I wonder if the “inexpensive” oak didn’t end up costing you more than lumberyard oak, given the labor, blades, sanding materials, etc involved with it.
Thank you for a real life lesson on the economics of running a woodworking business. Well done!
Thanks for watching!
I appreciate your honesty and transparency! You are such a hard worker, i really wish you big success. You deserve it man!
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!
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.
Thanks for putting all this together! I just started my woodworking/TH-cam 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!
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!
Thanks!
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
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!!!
This was awesome, thank you for taking the time to do this.
Glad it was of value to you
This is such a great video, and it really makes my neardy heart happy. Far too often we undervalue our time and effort, not to mention the materials that go into the beautiful objects that we make for others simply because we haven't taken the time to break it all down. Also, customers then tend to undervalue the product as well as criticizing the selling price because they may think "they could do it for less." That can be so heartwrenching!
I am only part way through the video, and am wondering how you digest the numbers for your own situation. How do you use that info to make decisions about new tool purchases, like a planer that has a wider table, or super fine cutting heads, that would simplify or make your process more eficient. At what point are you able to say "this expenditure with net this much time savings, leading to x profitability"?
I love the numbers, and love how you break it do into real tangible terms. Don't forget to include your knowledge base, your education, and the value of being able to problem solve. Keep up the great work- it is beautiful and so worthwhile!
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.
I appreciate how thoughtful and thorough your approach was. Thank you for taking the time to put it all together for us!
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.
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!!
I hope you succeed in everything you plan for your life Ryan, you're a great humble guy, God bless you. Hugs from Brazil
Thank you!
I can’t believe I sat through the entire video and I am glad I did. Keep up the great work 👍
Thanks! Sorry about the spam comment in this earlier, wasn’t actually me.
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.
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!!
Thank you!
Great insight into cost vs profit. I appreciate you sharing all that knowledge. God speed on your tool upgrades.
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.
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.
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.
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!
Thanks so much for this video and your openness!
WOW just WOW! After reading all the comments, after watching the entire video, that's all there's left to say WOW!
When people want a detailed breakdown of why custom work costs so much I’m gonna refer them to this video. Awesome job.
Really appreciate the detail and effort behind this.
Thank you 🙏
@@ryanhawkins The drum sander is my lifesaver. Hope you can get one soon.
Amazingly detailed and well done video, much appreciated you posting this up.
A huge planer and a sawstop are two tools I'd make the immediate upgrade to. The planer as you mentioned could cut your gluing and planing time down by a lot. A 3HP sawstop would give you a more powerful saw designed for commercial use as well as the sawstop technology in it. Making repetitive cuts is where accidents are most likely to occur since that's where you're most likely to zone out when working. I'm not sure if you have one already, but I'd strongly recommend adding a cyclone separator to your dust collection setups; both for the shop vac/sanding as well as the larger collector.
The drum sander is another upgrade well worth the investment, though last time I checked those things are up there in price.
All in due time my friend :)
This is underrated! GREAT!!! It must have been so much work to put this together. Thank you very much
First time watching one of your videos, made it all the way to the end and I must say that I appreciate the detail you went into the financial side of this video. From that, you've earnt a subscription and I have a look at your other videos too
Glad it was of value to you.
THAT is an honest and very much appreciated video!!
Thanks!
Better than any quality earnings call I've listened.
Thank you!
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.
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
Thanks for spreading the word
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.
Bro… this is the most well put together video I have ever watched!
This is the greatest cutting board video on YT. Thank you.
Fantastic thorough info on calculating real costs and maintaining proper profit margins. Thank you!
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.
Great information. Tool upgrades are definitely needed! Sliding table saw with power feed, much easier to use and control and the power feed will save your back on those long shifts of repetitive cutting. Larger planer with carbide/ceramic cutters time and money saved on blades. sanding machine also. glue racks.
If you have 3 phase power really help to get cheaper machines.
All in due time
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! 👍
As this video continues to add value, may you experience directly proportional increases.
Thank you for your kindness Ryan, we appreciate you.
I appreciate you watching!
Thanks Ryan! Your time, effort and thoughtful approach deserves a small bump. Hope it helps somehow. Good Luck Brother.
I’m listening to this while making cutting boards for Christmas gifts. How awesome.
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.
I truly appreciate hearing that. Dropping my next table vid tomorrow (Dec 24), stay tuned 😉
Thanks! This is the first time I've donated to a TH-camr. Well done video. I make furniture and cutting boards as well but don't know how to price them...until now
Thanks! Sorry about the spam comment in this earlier, wasn’t actually me.
Outstanding video! I loved every aspect of how you break down the money behind the build.
Very well and thoughtful explanations!
Glad you enjoyed it!
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!
Hello, Ryan. Thank you for this "complete" business presentation. For me you are a professional; You are funny, with excellent filming and editing techniques.
I praise very few people in my life, and you are one of them, simple and humble enough to share your experience in the way you presented and compiled said information, taking the necessary time to do so.
I was working on my own Excel sheet to evaluate and make a business plan for wood related products, when you appeared on TH-cam and I decided to watch your video.
Good luck on your channel.
P.S.: I only subscribe to people who earn my respect, and you did. Subscribed to help your business grow expanding my knowledge by observing another point of view.
From Spokane, WA.
This video is mental! The breakdown is phenomenal. It looks like its stressful.
Alot of work. People here in Ireland simply wouldn't pay that amount of money for these boards.
Good for you!
Is this genuine???
Hi Ryan!
I know others have already mentioned it, but this really was an excellent video. I’ve have never seen anyone come close to sharing numbers on their builds. You really opened my eyes to why woodworkers charge as much as they do for a product. When I first saw your boards I was surprised you were asking such a high price, and equally surprised that people were willing to pay this price, even though your boards are beautiful. Now that I know how much time they take to make, it makes perfect sense why woodworkers charge what they do.
As I watched your video, I was thinking a drum sander and wide planner would save you time, but wonder if you can save some cost by buying the 55 gallon barrels of glue Titebond sells. Is it possible, or even feasible to buy sandpaper and saw blades in bulk from Freud/Diablo or 3M? Would it be cheaper to buy high priced saw blades that can be sharpened several times? Let these companies know you have a TH-cam channel and they might give you a break on the costs, give it to you free, or even sponsor your channel. You never know until you ask.
I also also thought about a CNC which could face the boards, cut the groove and handles at the same time, but not sure how much time you’d really save given the time it would take to set up each board, flip it and face the opposite side. At the end of the day, you should ask yourself if you’d rather make $18-20 some dollars per hour, plus whatever you get from TH-cam, or would you rather flip burgers for the same wage? I truly hope you will continue to grow both businesses.
Glad you enjoyed it! I thought 55 gallon was a typo and that you meant 5 gallon but then I googled it and I learned something new today. If I had the cash flow to purchase nearly $3K in glue, I'd likely do it. I definitely plan to buy some 3M sandpaper in bulk and am looking at switching blade brands once my current blades wear out. Re: tool companies, sponsors, etc - I've got some things in the works ;)
@@ryanhawkins you should check out the Italian CMT ITK Extreme sawblades and the Famag Bormax 2.0 forstner bits. I'm pretty sure you'll like both.
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!
Thanks for the video and awesome job on the boards. Very intricate pricing model I’ve never seen it broken down that way. And yeah you need a drum sander! Probably would have saved more time than you estimated. Keep up the good work!
I really liked all the info given and the TIME you invested in explaining everything! new sub!
Geez!!! A lot of info and time into your video. Thanks for all the time you have put in. 1st video I’ve seen of yours. New subscriber. 🇨🇦
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.
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.
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.
So many people dismiss the fiddle factor. Great video and information. I hope you're close to getting that new planer.
This a great video Ryan and an incredible amount of detail. I have built a few cutting boards, none are as nice as yours and I realized pretty quickly I could never make enough money at it to justify the work required from a purely financial standpoint. I do envy the fact that you get to do something for a living you enjoy and that is hard to put a price on. I was at Costco the other day and they had an end grain board for $48 and I was thinking I would be hard pressed to spend less than that on materials for the size of this board.
I never thought I'd still be making cutting boards at this point but it seems to have worked out.
I ripped out some HW flooring from one of our bedrooms, hoping to build some projects with it. I went through all the attempts you made to remove the finish. After a quick calculation about how much effort and cost it would take to get a bunch of 1/2" boards, they all ended up at the dump. Lesson learned!
Thanks for sharing, I'd definitely start adding packing supply costs into your boards at the very least.
Thank you for bravely sharing your experience.
I just told my wife I was going to make cutting boards for all the family for Christmas. Based on your numbers, I just saved myself far more time than I have available. $5 does not seem like thanks enough. Love what you, and hope you get those machines.
Thanks so much!