tom19176 -
Let's see, $80.00 to $90.00 for a custom shop knife, $50.00 to $100.00 for the stone I use; $30.00 in shop consumables (blades, diamond wheels, buffer polishes etc.), 8 to 10 hours of my work at $15.00 an hour and - 80 + 50 + 30 + $120 and I have a mininimum "investment" of $280. into a stone scaled knife. That does not include the money spent on shipping, equipment and shop, utilities, mileage, or the website or the time I need to spend on finding stone, shipping and website/internet time. A higher cost stone and an extra 2 hours and suddenly the direct cost "investment" is $360.00.
Would you work at something 40 -50 hours a week at $15.00 an hour OR less for the actual time doing the stonework and unpaid for all of the rest of the time needed?
Last year I had a bit over $50,000 in sales. After depriciation for all of my equipment and shop, and actual RECEIPTED expenses, I ended up with less than $400. in actual imcome and I spent over 2,000 actual workhours. Oh, and I declare every cash sales dollar I make too. So, I made a profit of 25 cents an hour.
After finishing over 900 knives during the past 4 years - last year was the first year I actually made a profit. I do expect to actually make about $15,000 this year though so I am just now making money and I hope to actually make a bit over $8.00 an hour after all expenses.
So, if you think I ask too much for my works feel free to join me in the making and selling of stone scaled knives. I even have a tutorial posted that explains exactly how to do it and it is linked to my website.
Bottom line is the silver nickel knives are NOT available now ANYWHERE except the custom shop and if I have to go that route to get silver nickel Buck 110's my ACTUAL costs will go up $50.00 as I had been able to buy the 110's for a bit less than $30.00.