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spoiler alert... by selling $26,000.00 worth of knives... 
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The BladeForums.com 2024 Traditional Knife is available! Price is $250 ea (shipped within CONUS).
Order here: https://www.bladeforums.com/help/2024-traditional/
How I made over $20,000.00 selling knives this year!
- Thread starter Pharmagator
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Not where I saw that going...
Bummer dude.
Bummer dude.
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That's OK Mike. I've always believed in Volume, that's where real profits monies are at 
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spoiler alert... by selling $26,000.00 worth of knives...
That's totally where I saw that going...but I've been here a while
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Man, I was hoping to finally learn that one weird trick that doctors hate.
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- Jan 4, 2015
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Based on the frown face I'm guessing $-6000...
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- Apr 17, 2010
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actually, I was pushed into retirement... most of the knives I am selling were purchased over the last 40+ years... so I have had them for quite a while (except for some recent release Shirogorovs and Spydercos, etc) so as far as this year is concerned.... looks like not the worst investment out there (beats gambling losses...)
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Reminds me of - "How do you make a small fortune in the wine business? Start with a big one."
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That sounds about right. Much smaller scale. I probably spend $1500 a year on knives and rotate them out usually making maybe $1200 selling them them usually at a 20% loss or giving some away.
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- Feb 27, 2005
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I always make up in volume what I lose on each unit.
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- Nov 20, 2005
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You have a business license? Just checkin'.
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- Jan 15, 2017
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Reminds me of an old joke I heard back in the day.
Two fellows decided to get in the watermelon business. They buy a pickup truck, and go out to the country and buy watermelons at $1.00 a piece, and then bring them into the city and sell them for 50 cents a piece. After a couple of months, the one guy says to the other "We've been doing this for a while now and we're not making any money". So the other one says "I told you we need a bigger truck."
Economics 101.
Two fellows decided to get in the watermelon business. They buy a pickup truck, and go out to the country and buy watermelons at $1.00 a piece, and then bring them into the city and sell them for 50 cents a piece. After a couple of months, the one guy says to the other "We've been doing this for a while now and we're not making any money". So the other one says "I told you we need a bigger truck."
Economics 101.
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Business licenses are usually a State requirement and issued in the county you live in. Easy to get. You just have to pay taxes on your earnings.
Hobbyist? Probably doesn't need a license. It is generally a matter of scale. Pay Pal.... the revenue is reported over a certain amount and you take it from there. Tis why I don't want a Pay Pal account. I do have a Square account and that income is reported.
If I sold off my firearms, they would far exceed the 26K number. I'm a collector and it is time to slowly sell them off and give them good homes. As far as I know, since I am not a FFL, I don't need a business license for this.
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my wife and I have gone back and forth on the business license... I am keeping meticulous records of sales... and plan on paying taxes... just hoping to get by passing it off as 'selling off a hobby' and paying taxes on the profit from any sales... (not much) but the volume does look odd... well, it was this or I was going to get my own episode on 'Hoarders' (according to the wife)