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Knifemaking is a tough business to get into fulltime. Very rewarding and at the same time an insatiable bitch to please . I have been very blessed throughout my career but it was never easy. I recomend pushing as hard as you can as a part time maker doing everything you can to develop a brand ,signature style ,build your business and find your niche. At the same time work your full time job . When your knife business takes off and you can take care of all the expenses,taxes,insurances, and still have enough left over to put some away for retirement and put the kids through college. And when it doesn't make sence to keep that full time job because it you can make it on your own .Well then and only then does it make sence to go full time.
You don't have to rely entirely on hand made knives for your living . Diversify, Teach,invent , design, write,organize. Look for alternative ways to be involved in the knife industry and help pay the bills. I don't recomend depending just on handmade knives as your only source of income. One slip up in the shop and your whole world can crumble. Plan every move and constantly look for oportunities,they will present themselves. If your afraid of working insane hours and don't have the dicipline to get off the couch and in your shop every day like clockwork and don't have a super strong work ethic, don't even concider going full time unless you want to live like a pauper for the rest of your life. Ask yourself what you really want to accomplish and how far you want to go and what you are willing to do to get it. How hard are you willing to push yourself ?Set your goals, Short term, mid term and long term and stay on track.
Take business courses at your local college. Success has little to do with how well you can make knives and everything to do with running your business like a business.
Be careful not to focus on the high end market to much. Granted we all need to build a few fancy pieces to test out metal, develop our skills in several mediums and push our abilities however if your focus is primarily on the high end market You will find that you will have a reativly small customer base and a ton of makers competing for that market. Broaden your market base to include lower,medium and high end knives. It is important to have something on your table and website that all knife enthusiasts can enjoy and afford. This will also broaden the spectrum of your abilities. Be original in your thinking and style and spend as much time as possable designing and developing your own flavor.
Wow, Mr. Schott, I never realized just how much I had in common with you until I re-read this thread!
I'm up in Farmington, NH, scantly an hour's drive from you. I have admired for months the shaping and contouring you do on your handlework and guards as a design style that I had tried very hard to achive with the first couple of knives I made, which was like 18 months ago. I had thoughts that there must be something culturally about this region that spoke to both of our subconscious minds, because a couple of months ago, when I started really sitting up and noticing your knives, the design looked so familiar! I must say, however, that your execution is superior, but I'm getting better with each one.
Then I went and re-read this thread, and psychologically, you seem to be in a fairly similar place to where I am with some of the issues you addressed, especially in the original post.
We really gotta get together and compare notes sometime!