Who of Us Are Full Time Makers Only -

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Mar 29, 2002
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Not to buck up against the 'Fears and Satisfactions' sticky, I thought this might be an interesting thread not just for what I suspect to be a very few of us but also for those wondering about going full time only. We shall see. Perhaps it will be a dud but worth a try I wonder and besides I am interested too in finding out who is in the same boat as I chose to be. This may lead to comments helpful, discouraging, and/or hopeful, and etc. to potential upstart full timers since I know this bunch well enough to expect some good advise from.

My thread question: who of us is full time only. In that I mean there is NO supplimental income. The wife, girl friend, dad or mom, or who ever provides NO income to the house hold at all. Only your knife making pays all bills, all everything. In saying that I do not intend to exclude those that have done this before social security paybacks but do mean that they must have been full time only before attaining them. No suppliments, no nothing; just your customers paying all your costs - even food and beer and everything else. If Uncle Joe left you a house to collect rent from - well we don't have to be too picky but you get the idea.

For me, I went full time because I lost my job of about 15 years. I was self employed all that time and that, I believe, made it less scary for me to just change my self employment. After all I had been making knives as a love anyhow. My view is that I was less experienced than should have been to go full time when I did but circumstanses made it an easier choice at the time.

I suspect because I can not think of all situations there may be those that say yes but. Well okay. Lets hear it. If there is a military pension or whatever else you deem exemplory, fine but you get the drift of the thread question - that is your knife making keeps you and yours alive and well and all utilities on and so forth.

RL
 
Well, I make about 250 knives a week but since the wife has a job I guess I don't qualify as a full time maker.:rolleyes:
 
Are you looking for affirmation that full-time knifemaking is doable, Rog?

I certainly do not fit your criteria. Linda has a great career in a high-demand niche position, so her job is pretty secure.

If we had to make it on my pay we'd be in line at the soup kitchen for Christmas dinner. So this leaves me to say that I think a fine knifemaker such as yourself could easily make an adequate income by making knives alone...

-IF-

...the rest of your family budget fits within your means.

We had to drop one of the cars, sell off a few toys and use my 401k to pay off a few bills in order to trim our financial profile down to a level in which we can live securely within Linda's income. We barely fit within that, but when I sell a knife or some tappers its for much-needed supplies and materials. Only about 50% of it goes to the family income right now. Like I said before, no matter how much income you have, the key is living within it.

Oh and for the record, Mods... Lets dump some of the stickies up top. I dont think many of them are read anymore. :thumbup:
 
I guess I qualify :o Been fulltime for 15 years with no other income in the family. My wife has been taking care of our son, the books and web site. I make around 50 knives a year (55 this year), house and shop are paid for, we drive older cars/trucks, no car payments, we don't drive around wasting gas and we do not like to shop. I did buy a new boat though, no payments, ya just gotta go fishing. We live good, eat good and have fun, our house is small but the shop is large :p No home owners or health insurance :o It can be done but "debt free" is key.
 
Well, I guess that I qualify, at least for now :) about 5 weeks ago the place I worked for was bought out, and things went south. I have been keeping up just off of my forge, at this point I don't know how long it will be before I have to look again, or if I wil be able to swing it.
Here's hoping I can stay in my forge

Ken Nelson
Iron Wolf Forge
 
If I didn't have the gold mine or the money tree things just wouldn't work. If you put it that way I'd say there's just a small handfull of full time makers.
 
I've been full time for several years but it wouldn't have happened without the wifes income. She lost her job of 23yrs. last winter and didn't get another until September, things were fun but tense. Everything we have is paid for and there's a few dollars in the saving account, but paying college tutition and taxes is eating that up. I don't qualify for your full time,only income catagory. But in about 1 1/2yrs. things will be a bit eaiser I hope with college graduation, and maybe we can get closer to your catagory by then.

Bill
 
I will retire from the Army in 3 years, and I am going to give it a go. Obviously I wouldn't meet the stated quals for the thread, but I'll post anyway. I think that with my retirement, and my current ability, sales, it may just may be a perfect mix. Plenty time for recreation.
 
I am full time again since April of this year. To save band width just re-read Jeff Higgins's post. It fits us perfectly.

There is much more than making knives in this business. To be effective as a career I should have a manager because it takes every minute of my time to just make the knives. That leaves out the business parts and the family much of the time. Its more of a passion and can cause some realationship troubles if you are not careful.

My advice is to get a career that pays the bills or adjust your lifestyle to match your income.

I would like to be a hermit and make knives.
 
OK, now that that is sorted out, could you guys just give us a run-down of the knives that really pay the bills?
 
I heard that the quickest way to make a million bucks making knives is start with 2 million.
Not me. I like to make what I like not what other people want. So no full time for me. This way I can indulge myself.
TJ
 
well it depends what time of year and when ? the wife seems to have a job then not have a job a lot lately the past few years.
does making leather stuff count? too:confused: :D
I'm full time but I don't fit the bill, I think..
 
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