What does it take to begin a woodworking enterprise? Today we’re taking a behind-the-scenes tour of Westbrook Carpentry and Millwork, a $30Okay/month woodworking enterprise that’s grow to be one of the sought-after carpentry retailers in Seattle.
Daniel Westbrook is a third-generation woodworking craftsman, and that lengthy expertise is the cornerstone of Westbrook Carpentry and Millwork’s success. Today, he’ll speak us by the woodworking instruments you want to open a residence woodworking enterprise, together with how a lot it prices to begin, what expertise is a must-have, and different recommendation about woodworking for freshmen.
You can’t generate profits woodworking when you don’t have clients. We’ll hear Daniel’s advertising methods for reaching the appropriate clients, and the way (and why) he rebranded his firm from Westbrook Restorations to Westbrook Carpentry and Millwork. The varieties of woodworking tasks he took on modified, too. We’ll discover out the professionals and cons of engaged on smaller tasks in contrast to complete residence restorations, and the way to begin a woodworking enterprise that focuses on both area of interest.
Woodworking is a profession with a lengthy custom, and this custom is integral to Daniel’s enterprise values. We’ll discover out why ideas like exhausting work, respect, and belief are essential to him as a enterprise chief, what residing these values appears to be like like in the actual world, and the way holding to these rules has helped him maintain long-term development.
Whether you’re trying to woodworking ideas, how to earn cash woodworking or enterprise methods, we expect you’ll be taught a lot from listening to Daniel’s story! You can be taught extra about Westbrook Carpentry and Millwork at their web site,
Want extra real-world enterprise recommendation? Check out our newly-released podcast:
See our full, step-by-step information to begin your individual woodworking enterprise:
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Timestamps:
0:00 Intro
1:52 Meeting Daniel
2:56 Revenue
3:55 Initial Budget
4:56 Monthly Expenses
6:16 Daniel’s Other Businesses
7:04 Inside Look To Daniel’s Truck
8:44 Advertising
10:02 Equipment
11:10 Most Important Skillset
12:40 Inside Look of Daniel’s Truck Part 2
14:07 Skill an Entrepreneur Needs To Have
14:57 Estimating Cost of Projects
16:27 Daniel’s Advice For Those Just Starting Out
17:13 Social Media
18:15 Shop Setup
20:18 Advantages or Disadvantages to Employees
21:54 Insurance
23:49 Tools within the Shop
24:55 Seasonal?
26:01 Daniel’s Current Project
27:35 Profit Margins
29:03 Mistakes
30:24 Competitiveness within the Industry
31:50 Daniel’s Biggest Challenge
33:03 Switching From Hands-on to General Contractor
34:37 How To Increase Your Hours
37:30 What’s Next For Westbrook Carpentry
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