HOW TO MAKE A MILLION DOLLARS AS A KNIFEMAKER!!!

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Retired Spook said:
I have worked for a few very wealthy people, and after getting to know them and their characteristics (surprisingly similar across the sample), I do not want to be one.
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I agree most "rich" folks are not what I want to be. There is an exception for every rule. Years ago I had a nice couple who drove to my jewelry shop in Virginia Beach from Franklin, VA. They drove a nice, but not new or fancy pick-up truck, dressed in jeans and cotton or flannel (depending on the season), and were as polite as anyone I ever met. They had me do normal repairs, and occasionally make a simple custom piece of jewelry. After years of doing business with them I came to know that they owned half of the town - a paper mill, the peanut processor, stores, office buildings, suppliers, etc. What did they do with their time? He ran the corner paint store and she ran the hardware store down the street. They were also two of the happiest folks I ever knew.
 
if you had only one of two options; get a million dollars right now and never make a knife again, or never in your life attain more than a million dollars from this point on and make knives whenever and however you want?
 
Lorien said:
if you had only one of two options; get a million dollars right now and never make a knife again, or never in your life attain more than a million dollars from this point on and make knives whenever and however you want?
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That's a painful thought experiment. I would be devastated if I couldn't make knives anymore. It's not completely impossible that an illness or accident will take that from me one day. I sometimes wonder, as I'm driving through a rich neighborhood, would it be worth living in one of these mansions if I couldn't have a workshop?
 
DanF said:
First generation earned wealth is different from inherited wealth. There’s a different mindset in a lot of those who inherited it with no skin in the game.

I not only like making knives, I can’t not make knives, money be damned.
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If I could have both, I'd make the coolest knives I could come up with and give them away.

I'm here as well though. I'm going to make knives until I can't.
 
Lorien said:
or never in your life attain more than a million dollars from this point on
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a million total throughout all my earnings?

I heard this in relation to blacksmiths years ago. Hell :(. . . , I became a knifemaker because I thought I'd be doing something different and maybe had a chance.;)
 
That's only 10x100k$. So find a way to make a 100k$ knife and a way to sell it. Do it 10 times. Simple math.
 
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JoeBusic said:
That's only 10x100k$. So find a way to make a 100$ knife and a way to sell it. Do it 10 times. Simple math.
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Ummm...aren't you missing a 'k'?
I'll admit I went to school before "new math", so I might be behind the times, but I think $100 x 10 = $1000;)
 
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