Pete Howlett
Well-known member
Well, I am near the end of my travels having met with a diverse crowd of builders and educators - if I had two stand-out observations it is these:
Very few are able to do this because they are not skilled in Business - so many good makers have entered the field only to retire because they got 'hungry'. After 22 years I just paid all the business debts and instead of taking money from the business when I needed it, formalised a monthly salary for myself. Being a craftsman is a very hard road. Please think twice before you think you can get some skin in the game - despite the health of the ukulele market it is still a competitive shark pool where only the fittest survive.
And yes, everyone I have spoken to in the ukulele 'game' says it shows no sign of dwindling....
- Building is more a state of mind than exercising a basket of skills.
- To be a financial success in this business you have to master three skills: Building, finishing and business.
Very few are able to do this because they are not skilled in Business - so many good makers have entered the field only to retire because they got 'hungry'. After 22 years I just paid all the business debts and instead of taking money from the business when I needed it, formalised a monthly salary for myself. Being a craftsman is a very hard road. Please think twice before you think you can get some skin in the game - despite the health of the ukulele market it is still a competitive shark pool where only the fittest survive.
And yes, everyone I have spoken to in the ukulele 'game' says it shows no sign of dwindling....