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Woodturning (rec.crafts.woodturning) To discuss tools, techniques, styles, materials, shows and competitions, education and educational materials related to woodturning. All skill levels are welcome, from art turners to production turners, beginners to masters. |
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#1
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RE turning milestones
Want to make $15,000 a day with a $39.95 investment? Just buy my software
and watch the money roll in. Yea right!! There are more snake oil salesman on the web than you can beat with a stick. Now that is a good idea maybe I should sell the stick. Seriously there is potential to make a nice extra income doing turning for those that want to do it and possibly even make a living with a little luck. I started my business 4 years ago though I really didn't get serious about it until 2 years ago. While my situation is different from 99% of the members of this group you could make $1000 + a month playing around in your shop doing commercial turning. I start the year with about $15,000 in tax write offs. Truck including gas, maintaince and insurance, Land taxes, shop power, tools , club dues, AAW membership and anything else business related a 100% write off. Takes a lot of work to break even according to IRS rules. It doesn't matter that most of these expenses I would normally have without the business. This is my latest project, http://www.turningaround.org/MahoganyColumns.htm , which paid $350 cash which of course I will report. Right now I have a $1000 dollars of work sitting in the shop which I can easily do this week. Also another $1000 worth of work as soon as the customer can get the material to me. Anyway if you are interested you can send the $39.95 or email me a cup of coffee and I will be glad to tell you how I built my business -- Art Ransom Lancaster , Texas www.turningaround.org |
#2
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What if I just brought you a cup of coffee?
I'm in Ft. Worth. Don "Art Ransom" wrote in message ... Want to make $15,000 a day with a $39.95 investment? Just buy my software and watch the money roll in. Yea right!! There are more snake oil salesman on the web than you can beat with a stick. Now that is a good idea maybe I should sell the stick. Seriously there is potential to make a nice extra income doing turning for those that want to do it and possibly even make a living with a little luck. I started my business 4 years ago though I really didn't get serious about it until 2 years ago. While my situation is different from 99% of the members of this group you could make $1000 + a month playing around in your shop doing commercial turning. I start the year with about $15,000 in tax write offs. Truck including gas, maintaince and insurance, Land taxes, shop power, tools , club dues, AAW membership and anything else business related a 100% write off. Takes a lot of work to break even according to IRS rules. It doesn't matter that most of these expenses I would normally have without the business. This is my latest project, http://www.turningaround.org/MahoganyColumns.htm , which paid $350 cash which of course I will report. Right now I have a $1000 dollars of work sitting in the shop which I can easily do this week. Also another $1000 worth of work as soon as the customer can get the material to me. Anyway if you are interested you can send the $39.95 or email me a cup of coffee and I will be glad to tell you how I built my business -- Art Ransom Lancaster , Texas www.turningaround.org |
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