Low Cost High Profit - Small Projects That Sell - Make Money Woodworking (Episode 2)

Grow your woodworking business with "smalls"! Often times smaller items are looked over by new builders because they are looking for that build that will bring in a nice profit. In this video, I discuss the power of smalls and how to think outside of the box. Ultimately any business comes down to profit margins. I'll give you a few examples of how selling items that anyone can afford can generate crazy sales with very little cost of goods sold!

And yes... In one of these examples, I made $1000 in a day by having pre-orders and knocking it out in a day! Sometimes we overthink things when the most profitable items we are looking past. Let's change that.

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Let’s Work Together

#DIY #build #woodworking #palletwoodprojects

[sheiladuncan]

One of my favorite sayings is, " $20 walks in my door far more often than $1000 does. " So, I'm just as welcoming to the small buyer as the big one.
Thanks for the ideas.

[adventuresinblack]

Can someone build me a box to think outside of please?

[earlcummings]

"Smalls" is the way to go for has been my approach for over a tons of hexagon/octagon coasters, arrows, coat racks the profit margin is phenomenal ! I tried making furniture and other large they were satisfying to me I could not sell enough to justify the cost and time. So for me small is the way to it up, maybe you will enlighten others.

[thclapper]

I'm so happy i made productive decisions about my finances. Bought my second house in September last year and hoping to retire next year at 52 if things keep going smoothly for me.

[RyanNiemer]

I honestly think you are probably the most honest YouTube woodworker that I follow. You give honest, genuine advice and don't try to claim "Make $10, 000 a day with this!!" or "How I made my first $50, 000 day!" You give REAL advice, especially for hobby level woodworkers like myself. Keep making great videos my friend

[christopherbereznak]

After being knocked down and losing everything by being in Federal Prison and then being felled again and crippled by Covid in 2020. I think you've given me an idea to be useful again. You're a brilliant man!

[greensmash]

I make kits for kids to assemble for Vacation Bible School. Need to nail it together and make cheap and take time and something decent kids will feel proud of.

[CottonEnnis]

Just subscribed, after 40 years in the steel mill they shut the door on us, too young to retire, have been looking for something just like your channel my friend. I understand your well thought out lessons and am most thankful. Indeed I have my own idea to work with some of these things. Hope to get an extra income going very soon, I sure need it! God bless you young brother.

[powdertrax]

I’m 55 and just retired on New Year’s Eve, I worked at a custom cabinet shop for 5 years and have been a avid woodworker and cabinet maker on the side for the last 33 years. I still enjoy building cabinets but the smaller projects bring quicker satisfaction but I still it for fun and typically give the projects away.

I recently replaced 350’ of cedar fence and kept all of the boards knowing I’d have projects to make. My daughter recently most out and has asked me to build her several items, the joy I get from knowing that I can build anything she wants is really rewarding.

[MichiganHiker]

Great video, thanks! I did a show where I had some beautiful custom cutting boards, beautiful wood and what sold out, $6 each or two for $10 cedar soap platforms. 3 1/2 inches square, cuts on the bottom and top to drain and a $0.25 bar of organic soap came with it. Cost me just under a buck to make. I went there with 50 of them can came home with none.

[resolveyeetlord]

Man the world needs more people like you and I’m aiming to fill the spot
People spend so much time focusing on what they can’t do they forget how many resources we do have

[terrymastalski]

I’ve just started woodworking after 25 years of installing wood fences. First I was thinking of creating things as a hobby but always thought it would be good to sell. This video was very inspiring. Thanks Matt

[chrissyhott]

Insane… I’ve been struggling with having adhd, just been diagnosed at 38. We are nuerodivergent…. So when you said divergent it’s all clicked… and this is why I’ve been able to see furniture that someone would throw away, as something that can be reimagined beautifully. My new theme word is divergent ❤️

[greeneyes]

Use 4" dried tree branches for coasters as well. Also I know a man that used dried tree branches from various species of trees cut them in slices and made beautiful wooden buttons. He was selling them like crazy.The Grain of the different wood was amazing.

[stephenlines]

Matthew, you are 100% correct about 'smalls'. I've never made things to sell before, but my sister sent me a photo of a rustic (palletwood) Christmas tree that she'd purchased. It had 20 multicoloured LEDs decorating it which made it look amazing (no lights it was frankly garbage).
I looked at it and my amazing wife said 'you could do better than that'.
At that exect time a neighbour, who knows I mess around with wood offered me a pallet and a pine door.
Long story cut short, I made 25 trees in just over a day (never done mass production, but amazed how much I could do if I planned it properly). My wife found LED lights in our local store for £1.50 (soft white and multicoloured), and 24 AA batteries for £2.98.
Paid £25 to book a stall at a local church Christmas Fayre - sold the lot in 3 hours.
The money I made was much less than I earn a week, but strangely, because it was from 'my own two hands' was way more valuable.
Honestly, my wife (now Project Manager) will be getting a seriously enhanced gift package this Christmas!
This is so empowering - massive boost in self-belief, self-worth etc.
Made a few friends, and even got the offer of some free old tools (which I love restoring).
Win win win win win...

[nicolejohnson]

My family was in a car accident, everyone is fine, but we are down to one vehicle. My position was recently terminated from work so I have been collecting free pallets and scrap woods and am trying to learn the actual tools. I love all of your videos and advice- it's hard to not be intimidated by the equipment 😔

[ClassicCelica]

Pallets are free and I've found some really good oak pallets over time. I just bought a 10 watt laser engraver/cutter and it's super easy and quick to use. Great little machine for smalls. You can be burning something and making other things at the same time. I would recommend looking into a laser as they are not that expensive now a days.

[esataaa]

This guy is giving life advice, advice that even teachers don't know about. Thinking outside the box is very important!!
Really appreciate your vids!!

[cron]

I've always loved wood and always wished I'd gotten into it. The past 3 years now I have and I'm absolutely loving it. I built a 12ft by 12ft shed/workshop area from pallets and scrap wood and now build stuff in there when I get chance. Just built my wife a beautiful little set of 2 gates from stuff I had left. Hopefully I can keep making stuff. I really do love it.

[matthewmcdaniel]

Matthew,


Thank you so much for what you do! I've gone down a Youtube woodworking rabbit hole and of all the content providers I've watched, you are by FAR the most inspiring. Your relatable, down to earth, genuine, and most importantly - gimmick free approach is amazing. I've learned a lot from what you've shared with us and look forward to what comes next!