How about an example of how these ideas and systems are put into practice at your workshop? 2, A walk through of your shop showing a lifecycle of a product from raw material to finish. 3, how your shop is laid out, zones etc and how to keep dust down. 👍
Can't believe I haven't seen you before and LOVE the hussle. As a guy from an Operations background starting a woodworking business this speaks to my love language. However, where's your website? I looked on your About YT page, checked out your despcriptions, looked at articles you've done. All I could find was Drapela Works that sell four products. Your operation from this video is clearly bigger than that and those four products don't make you millions so do you have a link to your actual website you can drop in the description please? Got a subscriber outta me...for now 👍
nothing wrong with this...but as soon as you pull me away from building custom work....I would just rather go work for someone else again...which getting away from that was the reason I got into this. I dont need a million a year....I desire to get up and do the job I love and build custom product that im proud of in the end while constantly learning in the process, take that away and im back where I started except now im unhappy with $$....I just wanna make a comfortable living while the majority of my life is building things I love....thats my goal and what I need. This vid is beyond me...not hat I crave. That being said....do whatever truly makes you feel fulfilled and good luck!
Completely agree, you said it very well, but I have a different mission I am on currently at this stage of my life. I hope you knock it out of the park!
Hi .I have a small woodworking business .bought a big cnc machine, and we have been doing OK with sales but not where we want to be .these videos really help and motivate us to do better .thank you for these lovely videos ❤
Most small businesses aren’t able to breakout from the “$10,000” thinking because it forces owners to realize they won’t be in control to the extent they are used to and it’s scary
Because there trying to create a Business compared to Fine Woodworkers who create Art disguised as Furniture which can average around 10k for a single piece of furniture. So business or Art should be your first thought into starting something.
This content is worth its weight in gold. Although it’s specific to wood working it can easily be applied to other small business industries. Sure wish I had this before I started my two small businesses.
The man who started my business once told me, there is just 3 words you need to know to run a successful business: Quality. Quality. Quality. If you build quality stuff, no matter how expensive your stuff is compared to the market and similiar stuff, it will sell. I sold bird houses to the USFS for $150/piece in 1996 (after they saw one I did in a German magazine), that´s around $300 in today's money. They were 15 times more expensive than the ordinary ones they could have purchased, made in America. Instead they chose a one-man company in the Black Forest in Germany. When they sent clerks to me and I asked them "Why me?", they just said: Quality, Quality, Quality.
Really good video on so many levels. I think you left out one key item. At the top should be your burning desire to make yourself better and your sense of urgency. It is also quite evident you are not working... you love what you do, and you are passionate about it. It's a pleasure to watch your growth. Keep on improving!
Great video! I think the lesson on the product life cycle was particularly interesting because I noticed the exact same thing in two other businesses I have owned and operated in the past. What happens is if you have a great product/service that's selling well, it doesn't take long before imitators come along and do the same thing but offer it for 5-10% cheaper to get their own market share, and if that works for them then more imitators come along and chop another 5-10% off the price and it's a race to the bottom where nobody is making much money and customers don't really need or want it so much anymore anyway. It's not just woodworking, it's practically any business/product/service. Hell even 'boring' stuff like banking/financial products goes through the exact same cycle.
Another great one, thanks Ryan. Having sold a bunch of items I made, cutting out NVAs one of the most important things I learned along the way. Keep it up! Your success is well-earned.
Howdy. I know nothing about woodworking, but I have worked in IT for 25 years. I found your comment about software hilarious, but understandable 😊... many people hate computers, software etc so I understand where you're coming from. One thing you can use your software for, assuming you're tracking relevant data, is to see where you can make efficiency and cost improvements. I guarantee those 100m+ companies are using software, reporting, automation etc to run their businesses. Good luck 👍
Legit advise as always Ryan. Been watching you for a couple of years and It's cool to see someone giving advise that actually does the work. Hard to find on youtube.
This was awesome. I have experienced number 8. I woodwork like a lot of people. However, I do have a business that is not related. This is some of the best business advice I have heard in a very long time!! Great Video!!! New subscriber!
As this initial version of your message becomes more widely seen there will be meeting rooms across the world (virtual and other) that discuss the promotion of business model development and motivational speaking, where there will be evidence of underwear spotting. This was raw, inspiring, educational, and enjoyable. AND, not just for woodworkers. Well done, and thank you.
I advise a lot of early stage startup founders in silicon valley and abroad. I was very impressed with the lessons in this video. It’s like giving away gold for free.
Dude, you’re just putting out crazy value in those videos. Are you looking into improving processes at Frio as well? I have quite a lot of insights into businesses that do sewing automation, foam processing and upholstery type stuff through our family business, if you have some questions about stuff like that
I am close to retirement. I made 10k profit from things I made last year without any sales effort. I found you verifying my own smaller thoughts. Your perspective is dead on. I appreciate all your advice.
Can you do a run down of the equipment and processes you use in your shop? As you mentioned, knowing what equipment is possible can change and help our businesses. For example, I had no clue there were auto-feeders. Which is a huge tool someone can add to get consistency and add safety. Please do a tour of your shop and explain the equipment you chose and how it works, please and thank you!
Excellent! Big ahhhha moment with the custom order tip. It’s good to push past your comfort zone and learn from the custom order but the time vs financial return doesn’t add up. Thanks for compiling all this bud.
Could spend 10s of thousands on going to business school or could watch this video. I chose video - amazing lessons learned. Thanks for providing the free education!
You could add illustrations to the way you talk with your hands. I do too. Drawing a pyramid on screen as you did with your hands, for instance. A little extra time. Also a good tip, always be willing to do the work yourself if you have to. Important for the first million in revenue. But delegation is important for first million in profit.
one thing to remember from the software industry, if the sales team is promising things that simply aren't possible, someone's gonna get a contract that you can't fulfill and have to, they should all have some experience in the field.
Doesn't take money to be successful in business. It takes a vision, drive, discipline, character, and execution. Nice video but I prefer to make a little money doing my hobby and challenging myself on every new build. I don't want to build a million cutting boards. I don't want to build 1000 tables for 10000 dollars every year.
You want those tens of mills you need one in your company to Organize, one to deliver Ideas, one who is an Action Taker, and one to Build Relationships.
Asking an honest question: what is the point of growing from 10M to 100M? Or even from 1M to 10M$? While there are financial benefits for the owner, what are the other reasons? Growth is associated with more stress, less freedom and does not (generally) correlate with happiness. As I am getting older, I am re-evaluating the american model of "growth at all cost". I am seeing this from the software perspective where VC money is given to anyone with a (stupid) idea, hoping to becaber/airbnb /etc... but I think it is applicable to woodworking as well.
I think there are different levels and as my perspective changes on the world my ambitions may, but I was put on this earth to work, grow and change numerous lives and my ability to do that grows when my business grows. I feel like VC funded business sometimes have the wrong ambitions and are more engineers than entrepreneurs typically so they have a different stress tolerance. That is my opinion currently as I am I still learning.
I once met a photographer with a big studio and a lot of staff. I asked him if he himself was taking pictures now and then. He said no, but he said running a big business was also satisfying to him.
More money = more power (even if it only boosts the ego). That´s why the richest people in the world do not sell their companies and live a stress-free life with their first billion they made. Also a lot of people who run bigger businesses, they love to work. They cannot switch.
You can do woodworking at a smaller level with the same principles. It’s just that a lot of small scale woodworkers are way underselling their time and therefore don’t see the need for more efficiency
@@TrolloTV What I was more referring to was the goal shifts from being "the best" at a trade to being the most efficient. Even the tools are on a whole different scale.
That's the difference between being an artist and a businessman. This young man is a businessman (and apparently an incredibly good one). There will never be another Michelangelo or DaVinci in our world because machines have become able to do almost as much as the most gifted artist, if not better, and at a fraction of the time and price and, most importantly, to scale. it's a sad reality, however, that's the world we live in and people like this man have adapted and succeeded in the current environment. It's up to the individual whether they want to be the finest steakhouse in their city, or be McDonalds and dominate the world-personal choice of whether the art or the money is more important.
Excellent video sir. I enjoy watching you enthusiastic videos.I am located in the North Texas area. Would love to come and see your shop and chat with you sometime.
Hey man I’m stuck in the $100k business model. I really appreciate you giving tips. For me its because I have to touch everything. I don’t trust employees to do anything. Even sanding. So I have an apprentice and that’s it Bc I can’t trust Someone to assemble a cabinet right Lol
I lost a bit of hair from working 80 hour weeks at my biz for the last 8 years. Part of running a biz and red lining yourself constantly. Get you some FUE, in 8-12 months you'll thank me.
I'm currently starting from absolute scratch building guitars out of my shed, every dime I make goes into tools, the Amazon guy HATES me because he's here every day with multiple heavy boxes
Everyone has a 'vision of grandeur'. I think you'd be hard pressed to find 1 'woodworker' out of a hundred that has a vision of grandeur like yours..let alone a million. In any case, keep chasing your grandeur as I hope the rest of us woodworkers chase ours. keep at it.
The shift in mindset required to go from 1 million to 10+ is something that can't be taught because it's a state of mind, not an action. The greatest way, however, to secure that threshold is to sell and market your success by teaching others. You've done well for yourself and it's impressive man. Keep it up!
Excellent! Thank you for these start up insights… I will add CASH FLOW is KING. Contract to collect upfront. Period. NO accounts receivables especially on custom work. Plus… get a CPA you can trust and have a great Lawyer just in case. My two cents worth pain and experience.
![[柴犬ASMR]曼玉Manyu&小白Bai 毛发护理Spa asmr](http://i.ytimg.com/vi/0TsXQ7z2Dh4/mqdefault.jpg)
Let us know what else you would like to see in future videos!
Less hand movements
I can’t seem to find the article information about the large scale businesses you spoke about.
I put it in the description of the video for you!
How about an example of how these ideas and systems are put into practice at your workshop?
2, A walk through of your shop showing a lifecycle of a product from raw material to finish.
3, how your shop is laid out, zones etc and how to keep dust down.
👍
Can't believe I haven't seen you before and LOVE the hussle. As a guy from an Operations background starting a woodworking business this speaks to my love language. However, where's your website? I looked on your About YT page, checked out your despcriptions, looked at articles you've done. All I could find was Drapela Works that sell four products. Your operation from this video is clearly bigger than that and those four products don't make you millions so do you have a link to your actual website you can drop in the description please? Got a subscriber outta me...for now 👍
nothing wrong with this...but as soon as you pull me away from building custom work....I would just rather go work for someone else again...which getting away from that was the reason I got into this.
I dont need a million a year....I desire to get up and do the job I love and build custom product that im proud of in the end while constantly learning in the process, take that away and im back where I started except now im unhappy with $$....I just wanna make a comfortable living while the majority of my life is building things I love....thats my goal and what I need.
This vid is beyond me...not hat I crave.
That being said....do whatever truly makes you feel fulfilled and good luck!
Completely agree, you said it very well, but I have a different mission I am on currently at this stage of my life. I hope you knock it out of the park!
Hi .I have a small woodworking business .bought a big cnc machine, and we have been doing OK with sales but not where we want to be .these videos really help and motivate us to do better .thank you for these lovely videos ❤
Most small businesses aren’t able to breakout from the “$10,000” thinking because it forces owners to realize they won’t be in control to the extent they are used to and it’s scary
Because there trying to create a Business compared to Fine Woodworkers who create Art disguised as Furniture which can average around 10k for a single piece of furniture. So business or Art should be your first thought into starting something.
What is that thinking?
This content is worth its weight in gold. Although it’s specific to wood working it can easily be applied to other small business industries. Sure wish I had this before I started my two small businesses.
Facts.
The man who started my business once told me, there is just 3 words you need to know to run a successful business: Quality. Quality. Quality.
If you build quality stuff, no matter how expensive your stuff is compared to the market and similiar stuff, it will sell.
I sold bird houses to the USFS for $150/piece in 1996 (after they saw one I did in a German magazine), that´s around $300 in today's money. They were 15 times more expensive than the ordinary ones they could have purchased, made in America. Instead they chose a one-man company in the Black Forest in Germany. When they sent clerks to me and I asked them "Why me?", they just said: Quality, Quality, Quality.
Really good video on so many levels. I think you left out one key item. At the top should be your burning desire to make yourself better and your sense of urgency. It is also quite evident you are not working... you love what you do, and you are passionate about it. It's a pleasure to watch your growth. Keep on improving!
Great video! I think the lesson on the product life cycle was particularly interesting because I noticed the exact same thing in two other businesses I have owned and operated in the past. What happens is if you have a great product/service that's selling well, it doesn't take long before imitators come along and do the same thing but offer it for 5-10% cheaper to get their own market share, and if that works for them then more imitators come along and chop another 5-10% off the price and it's a race to the bottom where nobody is making much money and customers don't really need or want it so much anymore anyway. It's not just woodworking, it's practically any business/product/service. Hell even 'boring' stuff like banking/financial products goes through the exact same cycle.
First video I watch and I subscribed. Such good info. Very real! Very down to earth with reality and what the local market really demands. Thanks!
Another great one, thanks Ryan.
Having sold a bunch of items I made, cutting out NVAs one of the most important things I learned along the way.
Keep it up! Your success is well-earned.
Howdy. I know nothing about woodworking, but I have worked in IT for 25 years. I found your comment about software hilarious, but understandable 😊... many people hate computers, software etc so I understand where you're coming from.
One thing you can use your software for, assuming you're tracking relevant data, is to see where you can make efficiency and cost improvements. I guarantee those 100m+ companies are using software, reporting, automation etc to run their businesses.
Good luck 👍
Legit advise as always Ryan. Been watching you for a couple of years and It's cool to see someone giving advise that actually does the work. Hard to find on youtube.
I hope your viewers can absorb the mindset aspect
I see a lot of integrity in your videos ,,, thanks for keeping it real brother
I do what makes me sleep well at night, just so happens to be the truth that I understand. Thank you for watching, I hope it helped!
This was awesome. I have experienced number 8. I woodwork like a lot of people. However, I do have a business that is not related. This is some of the best business advice I have heard in a very long time!! Great Video!!! New subscriber!
Bryan has no clue and i like it
I love your videos like these. Number one is what I needed to hear.
Thank you, i haven't come across many people in your position with these explanations. Appreciated!
As this initial version of your message becomes more widely seen there will be meeting rooms across the world (virtual and other) that discuss the promotion of business model development and motivational speaking, where there will be evidence of underwear spotting.
This was raw, inspiring, educational, and enjoyable.
AND, not just for woodworkers.
Well done, and thank you.
great stuff sir. Congrats on your growth thus far. Wishing you the best in the future. Thank you for sharing!
Thank you!
Dude this information is so valuable. Your basically helping people that may one day be a competitor. Thanks.
Happy to help!
Very useful information. Changes my thinking on a few things.
Good stuff this applies universally to most businesses
I advise a lot of early stage startup founders in silicon valley and abroad. I was very impressed with the lessons in this video. It’s like giving away gold for free.
Dude, you’re just putting out crazy value in those videos.
Are you looking into improving processes at Frio as well? I have quite a lot of insights into businesses that do sewing automation, foam processing and upholstery type stuff through our family business, if you have some questions about stuff like that
Congratulationes ! Lovely workshop !
great info, I'm starting up w/so many ideas, totally apppreciate your honesty, TBD! thanks again, liked, subscribed and added to EN for the future!
Awesome, thank you!
Well done young man ! Great information
Surprisingly good content, thanks for this video
Good information. Thank you.
another great video. thanks!
Great Vid! Thanks!
I would just love to build things people would enjoy. Thanks for the video.
Awesome job, keep up the great work!!!
Glad you liked the video :)
Loved this. Thanks mate 😊
Glad you enjoyed! Thanks for the feedback 😀
Love the videos Boss, great content, thanks again.
Thank you!
Great tips thanks for sharing
You are the BEST mate, learnig a lot with you!
Thank you, is there other topics you would like me to cover?
You're videos are remarkably good.
I am close to retirement. I made 10k profit from things I made last year without any sales effort. I found you verifying my own smaller thoughts. Your perspective is dead on. I appreciate all your advice.
Do tell. Types of things you make. How you market.
What type of things are you making?
You hit the lessons right on the mark
Lol. The lessons
Wow, great video, thanks for sharing
Glad you enjoyed it!
Thanks for the video! Appreciate the tips
Glad you liked it!
Thank you for sharing your experience... it's extremely valuable and encouraging to some.. hopefully to most.. you're a rare breed, for sure..
I appreciate that!
Awesome. Would love to learn more about that software you are using, or any other back office processes you have.
Can you do a run down of the equipment and processes you use in your shop? As you mentioned, knowing what equipment is possible can change and help our businesses. For example, I had no clue there were auto-feeders. Which is a huge tool someone can add to get consistency and add safety. Please do a tour of your shop and explain the equipment you chose and how it works, please and thank you!
Thanks! 👏🤝
You're welcome!
Excellent! Big ahhhha moment with the custom order tip. It’s good to push past your comfort zone and learn from the custom order but the time vs financial return doesn’t add up. Thanks for compiling all this bud.
the last tip was the best imo!
As always thank you for all your tips! Really helpful :)
That was an extremely informative, helpful, and well Presented Video....
Glad you enjoyed it!
Lol. Fn babbling con artists
thanks
Great content man! Shocked there wasn’t a few more zeros behind your subscriber count.
Thank you! I am working on getting more Zero’s!
Great video
Love the Toyota way reference
Could spend 10s of thousands on going to business school or could watch this video. I chose video - amazing lessons learned. Thanks for providing the free education!
Glad it was helpful!
Very helpful 👍
Glad you think so!
Great presentation!
Thank you!
This was incredible. Thank you so much! Amazing what a good dude you are. The mindset 🤙
I knew it was competitive I had no idea! Lets a gohhh....
It's very inspirational 🤑👍 thank you for your content. Keep it coming 🙂
What else would you like to see in the future?
@@cutting-it-close Would you be able to show your high spec CNC machine in action? 😍
Sure I’ll make it happen Captain
@@cutting-it-close Awosome ! Looking forward to it. Thanks 👊
You could add illustrations to the way you talk with your hands. I do too. Drawing a pyramid on screen as you did with your hands, for instance. A little extra time.
Also a good tip, always be willing to do the work yourself if you have to. Important for the first million in revenue. But delegation is important for first million in profit.
Couldn’t agree more and thank you for the tip!
great
Great tips. What were some of your first projects when you just started out?
Step 1 have rich parents who's barn and tools you can use to make money
Killer information Ryan! I often say as I go, my business goes. Mindset is everything.
one thing to remember from the software industry, if the sales team is promising things that simply aren't possible, someone's gonna get a contract that you can't fulfill and have to, they should all have some experience in the field.
riiight, well this just made me scared shitless XD gonna have to walk this off lol
I would love to see you go over your machines? I've never seen a press like that.
Great Advice!!! 🎉
Thank you!
You`re one of the good ones. May "whoeverisresponsibleforthat" bless you & your family and workers!
Doesn't take money to be successful in business. It takes a vision, drive, discipline, character, and execution. Nice video but I prefer to make a little money doing my hobby and challenging myself on every new build. I don't want to build a million cutting boards. I don't want to build 1000 tables for 10000 dollars every year.
You want those tens of mills you need one in your company to Organize, one to deliver Ideas, one who is an Action Taker, and one to Build Relationships.
Asking an honest question: what is the point of growing from 10M to 100M? Or even from 1M to 10M$? While there are financial benefits for the owner, what are the other reasons? Growth is associated with more stress, less freedom and does not (generally) correlate with happiness. As I am getting older, I am re-evaluating the american model of "growth at all cost". I am seeing this from the software perspective where VC money is given to anyone with a (stupid) idea, hoping to becaber/airbnb /etc... but I think it is applicable to woodworking as well.
I think there are different levels and as my perspective changes on the world my ambitions may, but I was put on this earth to work, grow and change numerous lives and my ability to do that grows when my business grows. I feel like VC funded business sometimes have the wrong ambitions and are more engineers than entrepreneurs typically so they have a different stress tolerance. That is my opinion currently as I am I still learning.
This video shows that running a business is not so much about the product as it is running the systems that make the products.
He. Any answer of your questions
But your question was great. .
I once met a photographer with a big studio and a lot of staff. I asked him if he himself was taking pictures now and then. He said no, but he said running a big business was also satisfying to him.
More money = more power (even if it only boosts the ego). That´s why the richest people in the world do not sell their companies and live a stress-free life with their first billion they made. Also a lot of people who run bigger businesses, they love to work. They cannot switch.
101% honest 👏👏👏
What was your favorite one?
Woodworking at an industrial level is not anything like woodworking at a small business level.
Couldn’t agree more, it has very little to do with woodworking and more to do with yields and throughput
You can do woodworking at a smaller level with the same principles.
It’s just that a lot of small scale woodworkers are way underselling their time and therefore don’t see the need for more efficiency
@@TrolloTV What I was more referring to was the goal shifts from being "the best" at a trade to being the most efficient. Even the tools are on a whole different scale.
That's the difference between being an artist and a businessman. This young man is a businessman (and apparently an incredibly good one). There will never be another Michelangelo or DaVinci in our world because machines have become able to do almost as much as the most gifted artist, if not better, and at a fraction of the time and price and, most importantly, to scale. it's a sad reality, however, that's the world we live in and people like this man have adapted and succeeded in the current environment. It's up to the individual whether they want to be the finest steakhouse in their city, or be McDonalds and dominate the world-personal choice of whether the art or the money is more important.
@@jakeledg True, there’s a major difference in mindset there
Excellent video sir. I enjoy watching you enthusiastic videos.I am located in the North Texas area. Would love to come and see your shop and chat with you sometime.
Come on down, I wouldn’t mind a visit!
one piece of advise---OWN all your equipment---then when the market crashes you will still be standing while the others fail---
Are you going to be a factory or are you going to be an artist/craftsman. You, my friend, are a factory.
I would love to see a video about getting customers, small and big
Check out our video from last Friday where I outline how I got my first 100 customers!
Wow …. Great content for free . 👍👍
Glad you think so!
Im happy with 200-1000 a month extra added to my income from my primary job
Good conceptual video. Can you provide an example of an idea that was or was not successful?
Hey man I’m stuck in the $100k business model. I really appreciate you giving tips. For me its because I have to touch everything. I don’t trust employees to do anything. Even sanding. So I have an apprentice and that’s it Bc I can’t trust
Someone to assemble a cabinet right
Lol
💪
I lost a bit of hair from working 80 hour weeks at my biz for the last 8 years. Part of running a biz and red lining yourself constantly. Get you some FUE, in 8-12 months you'll thank me.
Drinking game: take a shot every time you hear 100 million dollar!
🤣
I'm currently starting from absolute scratch building guitars out of my shed, every dime I make goes into tools, the Amazon guy HATES me because he's here every day with multiple heavy boxes
Where can I get one of your cutting boards?
Everyone has a 'vision of grandeur'. I think you'd be hard pressed to find 1 'woodworker' out of a hundred that has a vision of grandeur like yours..let alone a million. In any case, keep chasing your grandeur as I hope the rest of us woodworkers chase ours. keep at it.
Could you please talk more about examples or how to come up with million dollar ideas and your way of researching product ideas?
Thanks
That's definitely a video we'll be making in the future!
I think some product examples would help people understand the mindset you are talking about.
So how do you know what type of product to market to even make $10,000? How did you find your clientele to be so profitable?
The shift in mindset required to go from 1 million to 10+ is something that can't be taught because it's a state of mind, not an action. The greatest way, however, to secure that threshold is to sell and market your success by teaching others. You've done well for yourself and it's impressive man. Keep it up!
Please tell us how you made 10 million @theamaturepro 😂😂😂
Can you do a video about making barn doors and growing a big buisness out of that
It sounds like you’re the type of person that can make almost any business into a $100,000,000 company 👏🏼
Excellent! Thank you for these start up insights… I will add CASH FLOW is KING. Contract to collect upfront. Period. NO accounts receivables especially on custom work. Plus… get a CPA you can trust and have a great Lawyer just in case. My two cents worth pain and experience.
So do you not put any finishes on your chopping boards anymore?
Yes I do!
@@cutting-it-close What finish do you use mostly?
Mineral Oil and beeswax
Can you post your Etsy page link, please?
Playing buzzword bingo, got the blackout!
I would be happy with a $50 dollar idea lol
So what did you do for gaining customers? I feel like advertising is extremely tough…especially in this day or maybe it’s where I’m at
I never really advertised, just word of mouth and being searchable on platforms like Etsy