After reading the posts to the topic of "Can you make a living making knives"? I wondered if Bo Randall ever made any real money from his knife works. We may never know. He was a financially independent orange grower but I think would have quit knife making for the public if he lost money at it. During his last twenty years he made very few knives. He and his son Gary marketed knives while trained and employed knife makers made them to their specification in their shop. Why has not anyone else created a similar enterprise? Why not put together a shop with 5-10 craftsman producing knives to your specification and under your direction and control while you run the rest of the business such as sales, marketing, and finance? You can make only so much money as a ditch digger, but if ten ditch diggers are working for you then you are a contractor. That's where the big bucks are. Many of the famous custom gun makers such as Griffon & Howe and Holland & Holland operate in a similar manor.
I think that to make a financial success of any enterprise one must remove ones personal sentiments and follow the cold hard rules of capitalistic business methods. Its the only rules that your bank loan officer will understand.
Are Randall knives truly hand made custom knives or are they high-end production products made to order? The public doesn't seem to care. Randall's prices are fair and there is a five-year wait for one of his knives. It was a Randall catalog that got me interested in knife making thirty years ago.
What do you think? All comments are welcome. Gimpy.
I think that to make a financial success of any enterprise one must remove ones personal sentiments and follow the cold hard rules of capitalistic business methods. Its the only rules that your bank loan officer will understand.
Are Randall knives truly hand made custom knives or are they high-end production products made to order? The public doesn't seem to care. Randall's prices are fair and there is a five-year wait for one of his knives. It was a Randall catalog that got me interested in knife making thirty years ago.
What do you think? All comments are welcome. Gimpy.