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Forums10
Topics38,612
Posts546,984
Members14,427
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Most Online1,344 Apr 29th, 2024
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Joined: Dec 2001
Posts: 2,468
Sidelock
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Sidelock
Joined: Dec 2001
Posts: 2,468 |
Living in the same community as Keith & Kody is a blessing.
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Joined: Dec 2001
Posts: 1,418 Likes: 2
Sidelock
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Sidelock
Joined: Dec 2001
Posts: 1,418 Likes: 2 |
Pete ; Are you saying you sell much more REPLACEMENT WOOD with them working on guns in your community?????
gunut
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Joined: Dec 2001
Posts: 2,468
Sidelock
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Sidelock
Joined: Dec 2001
Posts: 2,468 |
Actually, I don't sell much wood anymore. My very best sale wound up being my very worse sale. I visited Butch Sercy at his old California address and he badly needed blanks for the very fine double rifles he makes. He only had 4 left. I traded him for something like $40,000 worth of double rifles (3 of them). He told me he would get right on them since I was getting him out of a negative situation. When the last of the guns was received, it was about 3 years later. When I complained about the time it took, he told me "Well, you only traded." I have not talked to him since.
The trade took all my English and no money came in to replace it. If the guns would have been received in a reasonable period of time, it would have been a great deal. As it was, I was basically out of business for three years and lost my old customers. So my best (potential) deal wound up being a business killer.
I come across some nice wood now and then but basically supply friends who need a blank here and there.
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Joined: Dec 2001
Posts: 1,418 Likes: 2
Sidelock
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Sidelock
Joined: Dec 2001
Posts: 1,418 Likes: 2 |
the real question here is did they shoot to point of aim....and did the fit and finish meet your expectations??....I have had guns out for repair so long that I nearly forgot where the smith doing the work was located....3yrs doesn't sound to bad for 3 custom made doubles from a small maker.....
gunut
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Joined: Mar 2006
Posts: 1,935
Sidelock
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Sidelock
Joined: Mar 2006
Posts: 1,935 |
If you can't float $40K...you don't have much of a business in the first place.
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Joined: Dec 2001
Posts: 7,002 Likes: 403
Sidelock
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Sidelock
Joined: Dec 2001
Posts: 7,002 Likes: 403 |
my bet is less than 5% of the folks engaged in the gun business could float 40K very long. Look around.....most people in the trade just get by, they do not get rich. Exceptions exists but they are just that, exceptions.
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Joined: Feb 2006
Posts: 3,743 Likes: 57
Sidelock
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Sidelock
Joined: Feb 2006
Posts: 3,743 Likes: 57 |
Steve, I agree with you, if getting rich in any trade was what you were looking for, than I don't think most would be in it. It is more of love in what you are doing.
David
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Joined: Aug 2004
Posts: 831 Likes: 10
Sidelock
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Sidelock
Joined: Aug 2004
Posts: 831 Likes: 10 |
my bet is less than 5% of the folks engaged in the gun business could float 40K very long. Look around.....most people in the trade just get by, they do not get rich. Exceptions exists but they are just that, exceptions. Amen to that....whoever coined the term “starving artist” knew exactly what he was talking about...if the work feeds your soul and brings about someone's pride of ownership it might put food on the table, but you won’t get rich from it....not in the monetary sense anyway
The taste of poor quality lingers long after the cheap price is forgotten.........
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Joined: Mar 2006
Posts: 1,935
Sidelock
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Sidelock
Joined: Mar 2006
Posts: 1,935 |
Well...$40K is not a lot of money, anymore, but regardless...a business owner should know enough about his projected cash flow to at least be able to stay in business.
"Gee, I'd better make sure he gets me these guns by this date or else I won't have any money to buy more wood..."
It's a sad situation but it's also one that was foreseeable and preventable.
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Joined: Jan 2002
Posts: 7,705 Likes: 103
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 7,705 Likes: 103 |
It seems to me that foreseeing someone else's neglect to pay in a timely manner might not be so easy to anticipate or prevent...Geo
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