What is the financial breakdown? What are the risks? What are the long term benefits? What are the benefits for the customer?
I believe in the power of people, ideas and resources, I’m not a financial expert, and this is all my opinion. I can’t really speak for anyone else. I will say I’m not a member of any real estate companies so I have no idea what the costs are for handmade furniture or what the profit margins are. I suspect the cost of the fabric for a chair is probably more or less the most difficult to calculate due to the limited amount of fabric available, and the number of different types of fabrics that are made and then woven and folded and sewn together which can add to the cost.
I assume a lot of the costs of making handmade furniture are labor/material cost, shipping cost, and storage. I do not assume any income from this. I also can’t speak for the cost of the “finish”, like the paint, wood stain, or what have you. The main cost I could come up with was the cost of raw materials to create the furniture. But that is a guess and probably inaccurate. My gut is that my favorite way to spend my time is to travel and meet other makers and learn from them.
So let’s say I could work the same amount of time I’m spent creating my items, that is, 12 days a week, and on average make 1/2 as much (or whatever I consider “fair market value”) as I would doing the same job as a “pro” maker. That is, I could make 10 more things per week. So what are the benefits for the “pro” maker?
One is obviously the ability to “test my shit” and make something “out of thin air.” Two is the opportunity for “inspiration”. One is the ability to make something that might not make the list on Etsy, but makes someone else smile. Two is the chance to share my knowledge with others, as I’m able to share information and techniques with other, and share them with others. These are two benefits, and they don’t require any kind of fancy “off the shelf” maker/entrepreneur skills, or even the ability to work the same days a pro maker works. All you have to do is to be there. You might be able to sell something, but really it’s an opportunity to learn and help other people create, and it’s also an opportunity to learn from those who have already done
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