7 Fatal Mistakes that KILL a Woodworking Business | 99% Don’t Know

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Beginner woodworkers always want to know what woodworking projects sell to help them make money woodworking. However, there's more to it than just building a project. You have to know some common woodworking tips and tricks to help you get more customers. These are 7 mistakes you should avoid when starting a woodworking business.
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0:25 Beginner Mistake No. 1
3:05 How to Sell Woodworking Projects Mistakes
4:36 Mistakes that Kill Profits (how to price)
7:38 Mistakes That Kill Sales
13:12 Time Management Mistakes'
17:45 Nobody Buys These Projects
22:00 Worst Mistake You Can Make
24:05 Like-Minded Community of Woodworkers
26:55 The Sariest Part of Starting a Business
#woodworking #woodworkingtips #businesstips

Опубликовано:

16 окт 2024

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Комментарии : 98

@731Woodworks День назад

FREE Pricing Guide for Woodworking Projects: www.skool.com/731woodworks My Woodworking Business Coaching Program - Sawdust Startups www.skool.com/sawduststartups Click READ MORE for more useful links Video To Watch Next - Starting a Woodworking Business from Nothing - ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-AgnSfUoEsIw.html My Top Recommended Business/Motivation Books: I use Audible to listen to books while I work. Get a 3 month trial for only $0.99 here: amzn.to/4dQqcWE Dream Big by Bob Goff - amzn.to/4f1hfuA Marketing Made Simple by Donald Miller - amzn.to/4f654wH Business Made Simple by Donald Miller - amzn.to/3U8tqhi Steal Like an Artist - Austin Delon by amzn.to/3YoInyq Atomic Habits by James Clear - amzn.to/3YpwqZ4 Start with Why by Simon Sinek - amzn.to/3A32WXS Choose Your Enemies Wisely by Patrick Bet-David - amzn.to/3YtXHZx Burn the Boats by Matt Higgins - amzn.to/3Uaryoe Unreasonable Hospitality by Will Guidara - amzn.to/3YnMWJg So Good They Can't Ignore You by Cal Newport - amzn.to/48ceJ2o Your Next Five Moves by Patrick Bet-David - amzn.to/488PNZK The Magic of Thinking Bit by David J. Schwartz - amzn.to/4dXakC4 Daily Tool Deals on my website: www.731woodworks.com/tool-deals Subscribe to our email Newsletter to get new content alerts, sales, and more! mailchi.mp/7e44c16eefdc/731-woodworks-email-newsletter Easy to Follow Build Plans - www.731woodworks.com/store Outlaw's Board Butter - So Good it Should be Outlawed: www.731woodworks.com/store/boardbutter

@FixItFrench 4 часа назад

Man, oh man! This is some of the best advice I e heard on RU-vid! I’ve been doing woodworking for 4 years now, and you just taught me so much in this video. This is also very encouraging knowing that you and others have some of the same thoughts that I did. Love this type of content

@RenegadesGarage 4 минуты назад

731 Woodworks... Man this seemed like you were talking directly to me. I'm somewhat new to woodworking and the "just start" thing hit hard. And that goes for everything not just woodworking. Someone once told me back in April of 2020 when I was thinking about becoming a content creator, "you gotta just hit record" and this video hit me just as hard to get out there make something or do something. Thanks for sharing this video brother.

@Stewarts_Woodworks День назад

This information is like solid gold in value. Thanks Matt for sharing so folks can have guidance and encouragement to succeed!

@731Woodworks День назад

Glad it was helpful!

@woodnotestudio 3 часа назад

What a great video. Thank you. Especially how you end it. It shows you truly want to help people. ❤

@milkaviews 6 часов назад

REGULAR FOLLOWER FROM ETHIOPIA 🇪🇹🇪🇹🇪🇹🇪🇹🇪🇹 BIG UPS!👏

@anthonyraiello1053 3 часа назад

Started my woodworking hobby about a year ago,filled my home, familys homes with furniture, cutting boards etc. They always told me you need to sell these things and like many in my head was youre not good enough,wish I had as much faith in myself as I do the Lord.But the time has come to”jump off the cliff” and finally listen to what others have said and listening to Matt’s words. Doing my 1st craft show in a week and another 2 weeks later. Thank you Matt for your inspiration

@731Woodworks 2 часа назад

Awesome!! You got this!! Please let me know how those go for you.

@GettingNegative 2 часа назад

Good luck!

@anthonyraiello1053 Час назад

Thank you and I will

@robertgabel3451 4 часа назад

I love how this is an honest overview of what it takes to succeed. Not a "do this simple task and sit back and watch the money roll in" get rich quick video. It takes blood (well hopefully not), sweat, and yes, some tears to build a successful business.

@paragod300 6 часов назад

Thank you so much! Your first 2 points are exactly what Im fighting - "im not ready" and "im not good enough yet". Thank you so much for understanding the fears some of us have. This video gave me the push to get started. You, John Malecki, and Bourbon Moth have all been a great source of inspiration and learning for me! Thank you and the other 2 guys for all you do to inspire us!

@VegieWeg 6 часов назад

Thanks for this video Matt. I really needed to hear this today!

@MoyockScorpion 4 часа назад

The shirt says it all. "Faith over Fear" when talking wood working. I know the actual meaning of the shirt as well but certainly helps with what you said. You have to take a step forward in order to walk and begin. Great video.

@Liljoejoe54 5 часов назад

Very informative! I have been thinking about starting my own woodworking business but have been extremely hesitant. This video helped me make my decision, I’m going to start. It might be small and i have a lot to learn, but i can’t do it unless i start. Thank you for this.

@jimdoane1362 5 часов назад

I love the way you present things and encourage people to start, that’s the big step

@philippeconway8636 4 часа назад

I'm just starting my woodworking journey, with hopes to start a side business. This was absolutely inspiration. Thank you for posting this.

@diverblc Час назад

Matt, you are surely an inspiration to me. I have struggled with self-esteem issues for many years. You have given me confidence to complete projects, but I never felt possible.

@731Woodworks 58 минут назад

That's awesome to hear! Keep it up!

@beardeddragon7612 23 минуты назад

Same here. Thank you Matt. I hope to meet you in person someday and be able to thank you in person

@Gameeer1300 6 часов назад

I have been wanting to start my own business with woodworking, and all of this is so true, the fear of failure, and I don't feel I am good enough woodworker is so hard to surpass

@Kr0n1kTh3Kl0wn 2 часа назад

Don't be afraid to make your projects man. Beauty is in the eye of the beholder. Don't judge your own work just do your best, put your heart into it and let the world decide. Some of the ugliest things I've ever made, things that I consider mistakes or that I would never purposely make again, were the first things that people gobbled up. And some of the pieces that I feel are my Masterwork level that I poured my heart and soul into, are still sitting on the shelf collecting dust You just never know. Good luck! May your face grain always be long!😂

@Gameeer1300 Час назад

@@Kr0n1kTh3Kl0wn thank you very much 😁

@sydrem2011 4 часа назад

This video is literally perfect timing for me because I'm trying to get started. Thank you Matt!

@PhidiasLeonida 3 часа назад

I love your enthusiasm, your kindness and your generosity. Thank you thank you.

@ericluba6287 5 часов назад

I just. Joined your school. I SO look forward to this journey. & 100% everything you said in this video is everything I do. Overtake overthink everything

@0CalAgricola 3 часа назад

Dude, you are such a mensch! Thank you for such a great video, you are a real asset to the community!

@grayingwolf.woodworks 3 часа назад

Thank you for the extra push. I needed this encouragement.

@Laura-ko4wu 5 часов назад

LOVE THIS!!! Trying to grow my business while having a family, 3 kids, activities, a full time job, etc. My woodworking calls to me while I work (lucky to work from home) and hoping it will start paying off. I DO get up early and stay up later than I should BUT I have had people ask me to do things and recommend me! Excited to see what happens. I have so many ideas but that squirrel is always taking over lol! Thank you for this video! Im scared but ready to step out of the boat!

@AlienLeader4 4 часа назад

Awesome information Matt. Keep up the amazing work. 👽

@williamsmith9026 4 часа назад

I started woodworking to make my own beeboxes. Then I started making things I thought I would try to sell. Then woodworking/finish carpentry/wood repairs became part of my day job. Now I have some nice items that have collected dust and no desire to use the computer to sell them. Its the selling part that sucks balls and I want no part of.

@jaredvandyke 35 минут назад

Loved this video! Just start.

@muddslide8829 4 часа назад

Thanks Matt for doing this, paying it forward. Your Awsome , love your chanel.

@ronswoodshack 21 час назад

Gotta have that “want to” quote by Mighty Matt!!

@RedProg 5 часов назад

Great advice. Ran a small business for decades.

@barryhalstead9299 4 часа назад

Just wanted to say thanks Matt Outlaw. Keep the Faith. Be safe and God bless

@lightningstrikelures2393 37 минут назад

Really nice meeting you in Walpole, MA this past Friday. You were/are much like I expected; soft spoken, kind and wanting to meet all who attended. Stay in God's hands.

@731Woodworks 20 минут назад

Thank you for taking the time to come out and spend some time with us. We really enjoyed it!

@synngames5446 5 часов назад

I never thought about what I do should be a business, I only am doing this as a hobby for my late fathers passing and legacy as he always use to do wood work. I spent around $700 total in various tools, benches, air filter etc and am quite comfortable making little things for friends and family, I suppose alot do this for the business part of course, I do it because its fun, relaxing and almost like therapy. Sure I wish I had some other cool tools like a planer or a chop/miter saw and stuff but, what I have works for what I do. Perfect example the other day I found my fathers old wood claw hammer he always use to have with him, it was rusty, the red paint was peeling off the handle, the bottom was blunted and beat up. So I took the time to strip the old pain off, sand it down, clean up the metal and head to make it look new like it was when I was a kid then stained it up. Once Finished I put it next to his Urn so he can swing hammers in his after days! I feel with a business I wouldn't have time to do those "little things" people might find pointless and stupid.

@sswwooppee 6 часов назад

#1 could be applied to most things worth doing. Putting your fear of failure aside, pinning your ears back and ploughing forward takes courage.

@petercorrigan343 5 часов назад

great ideas for people who are looking for a road map in the woodworking business Peter from NewYork

@russmartin4189 5 часов назад

This is an excellent video. First class advice with examples. What more could a beginning woodworker need?

@GyWO10 Час назад

Awesome video my friend! 👊🏽

@731Woodworks Час назад

Glad you enjoyed it!

@davidguinta4550 3 часа назад

Matt, all I can say is you are the best!

@731Woodworks 58 минут назад

Thank you!

@TheFirBall 2 часа назад

I just want to make enough to Pay for my tools.

@barriowoodworks 5 часов назад

A different woodworking lane besides making products is to fill a need. Property management companies, for example are always looking for skilled work to repair or replace drawers slides or making a new drawer box, adjust cabinet doors…. You can make money putting your woodworking skills to use.

@ChristiaanvanderSteijlen 5 часов назад

I do woodworking more then 10 year as a side job i started with hand circlesaw and a jig saw , and a makita srewdriver .and a sander nothing more . my first item as a wooden crate made from pallet. i now i make what the the client ask to make and stil 90% of my work i make with pallet, i upgrade my tools i have now a few years a makita sawtabel and that was the best investemd i ever made regarding tools .

@ericluba6287 5 часов назад

I have. Had hundreds of people telling me that for years. I should sell my projects. I got about 50 to 60 jewelry boxes sitting in a storage unit. Every sing. Le one of them different but like you said, I see all the little flaws.So me personally.I don't think they're good enough.But other people do , but I still haven't sold any

@tomstone2322 5 часов назад

Absolutely love this everything you said sounds just like me😅been woodworking for 7 years I do sell projects but I’m getting ready to retire in two years and I would like to be able to make 2 to 3000 extra a month

@andysullivan962 2 часа назад

Love the shirt for the actual meaning, but I think you picked it on purpose because it fits the video!

@RogerMcCauley-s1e Час назад

Great video!

@731Woodworks Час назад

Glad you enjoyed it!

@wyattdean5658 3 часа назад

Good tips. Thank you.

@731Woodworks 58 минут назад

Glad it was helpful!

@dennishall9260 6 часов назад

Thank you.

@GettingNegative 2 часа назад

I’m surprised a note book & sketchbook aren’t on this list. Sure people use programs now, but wood working is still an analog process (cnc isn’t woodworking imo) and getting those ideas & sketches of ways you want to build things helps define your style & visualize the ascetic of your builds.

@jaredvandyke 3 часа назад

I’m good enough, I’m smart enough and dog gonnit people like me! 😇😂

@russmartin4189 5 часов назад

If your Dad is still "above ground", I would appreciate seeing him on your channel.

@suemagruder4455 5 часов назад

Agree!

@matreyia 6 часов назад

How in the hell do you price things you make? That would be my problem. Also, the shipping situation...so confusing. How do you make any money if you have to ship or compete against free shipping places?

@731Woodworks 5 часов назад

I have a free pricing guide you can get. First link in the description

@unlistedunlisted3108 День назад

Thanks for this and all your videos. I have been building and selling or trying to sell items for the last two years. Making some sales but not a lot. I sell mainly in a rented place in a market place building. Its tough when you only sell a little but not enough to cover the rent. Aside from you tube I don't have any other social media accounts. Been thinking of starting more social media but scary too. Any advice for someone that is stuck on principles against social media due to the owners morals?

@731Woodworks День назад

It's tough. So many customers are on social media. You can still grow organically and locally it's just harder and puts you at a disadvantage of others that are using social media to grow their businesses. In todays world, it would be very difficult to only do business (or use services) that you 100% agree with. There may be those that you're 100% against and that's perfectly okay to feel that way and stand on your beliefs. If you don't want to use social media it's important to network locally with businesses you could sell product to like realtors, restaurants, even plant nurseries (they buy planters and other outdoor furniture).

@unlistedunlisted3108 5 часов назад

@@731Woodworks Thanks for your reply. I am going to try and dip my toe in social media and continue to network locally as well. Never thought about nursery and greenhouse. I will keep you updated on progress.

@Youtubegotridofmyhandle 5 часов назад

If I have bad pictures is it worth taking better ones and replacing old ones on the old post or has the damage been done?

@731Woodworks 4 часа назад

Yep, you can swap them out for better pictures

@richragan4810 День назад

Matt as always toyr videos are done so well. NOW ABOUT THE 3M ORBITAL SANDER! This is Junk and I'm sorry I purchased it in February 2023. By February this year it startedshutting down frequently and I ALWAYS use the dust extractor with it. Today it just stopped and now won't turn on at all. I know a few months back in one of your videos you mentioned issues with this sander. Anyone else have this issue?

@731Woodworks День назад

Contact the retailer you purcahsed from. They should be able to either get you warranty repair or a replacement.

@richragan4810 День назад

@@731Woodworks Thanks Matt. Unfortunately I purchased it on Amazon. By the way I always used a ducst extracor when I used it. I just purchased a Fesstool Sander1

@dcruicks1 5 часов назад

What is the website you used to help describe the product? I couldn't make it out.

@731Woodworks 4 часа назад

ChatGPT

@RnRWoodworkings Час назад

sold 2 more benches today! lol

@731Woodworks Час назад

Awesome!

@LYTOMIZE_Woodshop 22 часа назад

One nugget of wisdom after the other, after the other. This applies to beginners and people like me who has been it for a bit over ten years. Watch and re-watch, folks!

@jimfeaster4837 6 часов назад

Number 1 mistake don't exceed contractor laws for mfg 1st time CITATION 2 nd time JAIL yes JAIL Especially kitchen jobs decks.. landscape .. Roof jobs! Don't exceed state codes you can end up jail😢 I've been there! True warning!

@jeffhildreth9244 2 часа назад

The key to success in woodworking is NICHE. Be the only one and be better than anyone. No compromises. The world does not need another cutting board maker.

@MadAtMax.300Blackout 5 часов назад

Whats the 731 come from? Area code?

@731Woodworks 4 часа назад

My wife and I anniversary. July 31

@MadAtMax.300Blackout 4 часа назад

@@731Woodworks gotcha. Forgive my curiosity but appreciate it LOL

@fredmercury1314 Час назад

How do you compete with Ikea when wood is so expensive?

@731Woodworks 59 минут назад

You're not competing with Ikea customers. Those are looking for cheap, factory made items. You're making handmade custom products. Two different customers.

@sbuzz5889 13 минут назад

bird house cant compete with mass products real wood product finished complete.

@kerrytoby7041 5 часов назад

I have no need to ask friends and family. It mitigates the ones who still want it but won't pay properly for it. I don't encourage them.

@mikesantiago1236 5 часов назад

I’ve got so many things I’ve made I’m just to afraid to even post them. Who’s gonna want something from me lol. Sucks

@731Woodworks 5 часов назад

You’d likely be very surprised. Post it and see what happens

@mikesantiago1236 3 часа назад

@@731Woodworks I appreciate that. I’ll try today. Worst can happen is no one says a thing lol. You’d think I was risking life or death.

@731Woodworks 3 часа назад

It’s hard. It’s scary. That’s real. But you can do it!

@mikesantiago1236 2 часа назад

@@731Woodworks Thank you. You have no idea how much you have inspired me over the past few months to try. Thank you again and god bless you and yours brother.

@saprious5273 4 часа назад

Rule number 1 of marketing "If you cant catch their eye, they wont buy."

@jimpierce7591 5 часов назад

Matt's claim to have knowledge about running a woodworking business is questionable if he hasn't actually owned or operated one. While he may have experience with woodworking tools and techniques through his RU-vid channel, there’s a significant difference between using tools and managing the operations of a real-world business. Running a woodworking business involves challenges Matt likely hasn't faced, such as managing finances, dealing with clients, handling production schedules, ensuring product quality, and navigating the logistics of selling and delivering finished products. Matt’s income primarily comes from affiliate marketing, not from producing and selling physical goods. This means his focus is on content creation and marketing rather than on the day-to-day tasks of running a woodworking shop, managing inventory, setting prices, or delivering custom orders on time. While his expertise with tools might be valuable, giving advice on running a business when his revenue comes from an entirely different model (RU-vid and affiliate sales) is misleading. His experience doesn’t translate to the complexities of actually sustaining a woodworking business. If Matt doesn’t have firsthand experience managing all the operational aspects that come with owning a business, his advice may lack the practical insights that come from navigating the challenges specific to that field. Therefore, it's essential to distinguish between someone who shares knowledge as a content creator and someone who has successfully run a woodworking business.

@731Woodworks 50 минут назад

You're mistaken my friend. I grew my woodworking business from the ground up and ran a successful woodworking business for several years. We were making well over $50k a year from my woodworking products while only doing it part time. And all this before I started moving to doing RU-vid full time. When I decided to do full time content creation, I let go much of my woodworking product business. We are still running a very successful business (a couple of them in fact) and growing and running a business (no matter what field) has a lot of similarities on what will make you successful or not. To add to that, I've been coaching other woodworkers in my coaching program for several months now and they have seen huge success following my strategies that I'm teaching them. Proofs in the pudding as they say.

@Kr0n1kTh3Kl0wn 2 часа назад

Sir the thumbnail to this video scared the shit out of me, "going out of business" In my opinion you're a very knowledgeable woodworker, as well as being quite the entertaining instructor, not to mention that us poor Folk appreciate you testing out different brands of tools and techniques to save us the time and effort, and the expenditure... Don't scare us like that! Long live 731! Love and respect from the 602!

@731Woodworks 57 минут назад

lol