CNC Side Hustle Worth It in 2024?
10:40
Best Sander in Woodworking
7:59
10 ай бұрын
Пікірлер
@bigsergio04mex
@bigsergio04mex 14 сағат бұрын
It's the harsh truth and maybe you're right but still.... I love working and I am going to insist on my projects...
@magnoliaoakswoodshop
@magnoliaoakswoodshop 21 сағат бұрын
Hi Ryan, thanks so much for the video. Excellent info. Keep up the good work!
@Convolutedtubules
@Convolutedtubules Күн бұрын
Are you sure the machine reached full feed rste? It looks like it is accelerating/decelerating the entire time.
@enl8ghtenmenttv476
@enl8ghtenmenttv476 Күн бұрын
Bro,crazy good energy coming from u!!!❤❤❤
@HitsandHeadlines
@HitsandHeadlines Күн бұрын
I was cutting 3/4 plywood full depth with 3/16 bit at 70 ipm. Cut through 100 sheets before the bit broke.
@pjbth
@pjbth Күн бұрын
No wonder you can afford 40 employees only paying 11 an hour
@justinbanks2380
@justinbanks2380 2 күн бұрын
#6 is leaning heeeeaaavy into helping the wife approval rating.. 😂 Whatever you want to do, take the trash out, get flowers, clean out the garage... 😅
@reedfoster9426
@reedfoster9426 2 күн бұрын
Another great video with useful concepts that balance out the chip load videos. For other video suggestions, I’d like to hear your thoughts on various hold down and clamp ideas for non-vacuum CNC’s
@reedfoster9426
@reedfoster9426 2 күн бұрын
Great instructional video. Thanks for sharing your experience and knowledge
@reedfoster9426
@reedfoster9426 2 күн бұрын
Great instructional video. Thanks for sharing!
@quirkygreece
@quirkygreece 2 күн бұрын
Helpful advice. Cheers Ryan.
@484lowe
@484lowe 3 күн бұрын
Do those rules of thumb apply for 1/16" or smaller sized bits as well? I've struggled to find any information regarding speeds and feeds for micro milling.
@deadlift1974
@deadlift1974 3 күн бұрын
Taylor rotating clamp
@taiyoctopus2958
@taiyoctopus2958 3 күн бұрын
2.5 million dollars in sales, is not equivalent to: "I made 2.5 million dollars". No clickbaitey title plz... It's unnecessary.
@wcmeyer6846
@wcmeyer6846 4 күн бұрын
thanks
@michaelwillson6847
@michaelwillson6847 5 күн бұрын
Nice video Ryan i no you have massive lasers and looking at bigger ones the smaller 10watt one is potentially something I'm getting do you have any thoughts or information regarding them??🏴󠁧󠁢󠁳󠁣󠁴󠁿👍
@cutting-it-close
@cutting-it-close 5 күн бұрын
I wouldn’t be able to give advice specially to 10 watts. Personally I would get a 40-60 watt so you can do more stuff with it. 10watts you will be very limited so it’ll limit your mind on what’s possible.
@michaelwillson6847
@michaelwillson6847 5 күн бұрын
@@cutting-it-close am not paying for the 10wat being gifted would love a 40 wat but can't afford it just now.
@cutting-it-close
@cutting-it-close 5 күн бұрын
Makes sense to me, I would start engraving with it, build up demand then justify getting the bigger one with the demand generated from the smaller one.
@michaelwillson6847
@michaelwillson6847 5 күн бұрын
@@cutting-it-close think that's the plan as there's no one that I can find doing engraving in my area. Granted I'll be limited I think with the 10 watt as to what I can do but hopefully enough revenue could be made with it. May need some recommendations or files off ya if it happens 🏴󠁧󠁢󠁳󠁣󠁴󠁿👍
@CullenSimpson
@CullenSimpson 5 күн бұрын
What do you think about using a 1/8" compression bit for the holes and for the profiles? I am worried about tearout on the material surface with a 1/4 upcut for the profiles.
@cutting-it-close
@cutting-it-close 5 күн бұрын
Use a 1/4 down cut for the profiles, you would get some tear out with that upcut. It could work with that 1/8 compression, but I wouldn’t drill with it.
@CullenSimpson
@CullenSimpson 5 күн бұрын
@@cutting-it-close Thanks for the super quick reply. Ok, I will use a regular 1/8" upcut and only go part way. WIll use my Groovee 1/4" for the profile. I bought three sheets of material a couple of weeks ago, but also have three kids so I don't want to mess any up. I plan to do a couple of test cuts in the unused upper right section.
@cutting-it-close
@cutting-it-close 5 күн бұрын
It’s cuts so good, you’ll love it. I don’t have any special recommendation either, it’s cuts like a Baltic birch or like a cherry.
@CullenSimpson
@CullenSimpson 5 күн бұрын
I did my test cut which was really just a second backplate with a design on it. I tried the DOC you have in your file which does the profile in 2 passes at .315. I have to say that made a lot of noise on my Shapeoko Pro with Carbide 3D router. Maybe it’s always supposed to make that noise and I just baby things too much. It worked but there was a slight step halfway down all the way around the part. I don’t think is was a XY shift as it is consistent all the way around. Top pass was more narrow than the bottom by about 1/32 or so. It’s not an issue for the back plate but if the pieces that get glued up for the main playing surface are like this it would require a lot of sanding. I may try another test with a more shallow DOC.
@cobaltwoodcraft4365
@cobaltwoodcraft4365 5 күн бұрын
Great video and framework, Ryan! Super simple, but still effective. I really appreciate your recent videos diving into how you run your business. When I think about where I want to go with the business I am building around my CNC machine, I see a lot of overlap with the kinds of things you do with your business(es). I always get inspired seeing your success and I have enjoyed watching your company grow over the last couple of years! - Joe P.
@cutting-it-close
@cutting-it-close 5 күн бұрын
Joe, how else can I help you?
@hansdegroot8549
@hansdegroot8549 5 күн бұрын
Interesting video. Thanks for sharing. I don't agree very much with the formula you chose to decide if you will buy the tool or not. The Kreg Foreman is a no-brainer of course. Savings 6250 dollars per year and investing only 350 dollars. So the return on investments is 350/6250 x 50 = 2.8 weeks. For the laser the return on investments is 70000/18750 = nearly 4 years. That's indeed a long time. But you can't say immediately, that's not worth it to purchase it. That depends on so many other things, too. You've only looked at the cash-flow during one year, by stating it's a more than 50 000 dollar loss. When you are pricing products you make and sell you should put the same amount per hour for every machine/tool You need to count the salary for the person who is handling the tool + the depreciation of the tool + the costs of maintenance and power consumption. That is different for every tool. Beyond that you have the overhead costs, which are fix, even if you don't produce anything. The way you presented it in the video will cause that many people are going to make a wrong decision, especially on the more expensive tools. There's no way they will have a return on investment somewhere between 5 weeks and 4 months.
@cutting-it-close
@cutting-it-close 5 күн бұрын
I don’t get a return on a machine in the first year I don’t buy it. This is what I’ve done and the formula that I have grew my business on. Can this machine make my money back for me in the #1 expense of my business which is labor? If yes then do it. Unless the machine is made of paper and has extremely high upkeep, consumes 10x the energy that the previous machine does and requires a fixed labor cost that somehow wasn’t factored in the above labor calculations, then it would be a bad buy. When it’s close to zero you can look at other things. People like to over complicate things like this, at the end of the day… “does this make me more money? by either helping me save it, or by producing a lot more product? If “yes” in my defined timeframe then it’s a go. Don’t need to be over complicated. It’s not like I’m planning on flying to mars, you’re buying woodworking equipment, tools that make stuff.
@hansdegroot8549
@hansdegroot8549 5 күн бұрын
@@cutting-it-close With the latter I agree. It's no rocket science. If it works for you, keep doing it the way you do it. You do you. But it won't work for everybody. There is a big difference between over complicating things and super simplifying things. I wish you good luck with your business. Take good care of yourself.
@cutting-it-close
@cutting-it-close 5 күн бұрын
Thank you and love the debate!
@erinwalsh6803
@erinwalsh6803 5 күн бұрын
Super simple and super helpful! Thank you!
@tpsooner7816
@tpsooner7816 6 күн бұрын
Great topic. Thanks Ryan!
@cutting-it-close
@cutting-it-close 5 күн бұрын
Glad you liked it!
@AlbertaMike
@AlbertaMike 6 күн бұрын
"cleaning out the garage" lol. That made me snort!
@personofnote1571
@personofnote1571 6 күн бұрын
Love the business/framework type of content! Nobody else does this. Great job!
@cutting-it-close
@cutting-it-close 5 күн бұрын
More to come! Thank you for watching
@ashleehouse5204
@ashleehouse5204 6 күн бұрын
That new jig looks much faster and easier to use.
@nmfam
@nmfam 6 күн бұрын
Great idea.
@gaiustacitus4242
@gaiustacitus4242 6 күн бұрын
Your labor savings calculation is incorrect. Your approach is an overly simplistic calculation of Return on Investment (ROI). To calculate a full return on investment, you need to first calculate the actual costs (both direct and indirect) and subtract those from the anticipated value of revenue. For example, let's assume you pay workers $10 per hour, have an overhead rate of 48% (low for a manufacturing operation) and a general and administrative rate of 15%. This results in overhead of $5.80 per hour and general and administrative expenses of $1.87 per hour, for a burdened labor cost of $17.67 per hour. The profit per hour is $7.33, or 29.32%. The burdened cost of the labor saved by purchasing the tool is $4,417.50. Subtracting the $350 investment in the tool results in a positive ROI of $4,067.50, not $6,250.00. Failure to properly understand and apply cost accounting principles is the leading cause of failure by small businesses.
@RobSandstromDesigns
@RobSandstromDesigns 6 күн бұрын
Nice and clear presentation Ryan. This formula will work for sound business decisions.
@cutting-it-close
@cutting-it-close 5 күн бұрын
Thank you, people really try to over complicate these things, I’ve found this has helped me make great decisions.
@lucasalati369
@lucasalati369 6 күн бұрын
Easy, clear, specific. great video as usual, thanks.
@cutting-it-close
@cutting-it-close 5 күн бұрын
Thank you for watching
@pawekowalik890
@pawekowalik890 6 күн бұрын
Hi, I started to watch your videos just couples days ago, and I am thinking about buying cnc - but I dont know which one should I buy. My budget is up to 4k usd, was looking into Shapeoko 4, do you think its worth it? I eventually want to go all-in into this buisness but for now I just want to have something that I can learn on and start selling my work. Comparison of today's cnc offers could be next video topic :D also it would be interesting for me to watch how you made those big letters (for wedding etc) - just another idea for next epsiode ;P Greetings from Poland!
@cutting-it-close
@cutting-it-close 5 күн бұрын
Thank you for watching and reaching out, great video ideas!
@pawekowalik890
@pawekowalik890 6 күн бұрын
Hi, I started to watch your videos just couples days ago, and I am thinking about buying cnc - but I dont know which one should I buy. My budget is up to 4k usd, was looking into Shapeoko 4, do you think its worth it? I eventually want to go all-in into this buisness but for now I just want to have something that I can learn on and start selling my work. Comparison of today's cnc offers could be next video topic :D also it would be interesting for me to watch how you made those big letters (for wedding etc) - just another idea for next epsiode ;P Greetings from Poland!
@HiThereHeyThere
@HiThereHeyThere 6 күн бұрын
Q. So are you not collecting any data from those you sell to so you can reach out to them to see if 1. They know anyone else who would love the product, 2. Would they like to get to give products as a gift? Cuz there has to be more happening there than just $cuchhing & go.
@stlwoodworking
@stlwoodworking 6 күн бұрын
First to comment lol. 😀
@Rookiewiththecookie
@Rookiewiththecookie 6 күн бұрын
👏
@zolcsixyz9973
@zolcsixyz9973 6 күн бұрын
Hi I really like your videos thank you for producing them. My machine will be a hobby table top machine that apparently only able to do 100ipm, do you mind making some content about those kinda machines? Reason I’m asking is because the 100 is nowhere near to the mentioned 300-800ipm and I’m a bit clueless how can I play with it to achieve the optimal chip load. Thank you
@davidrannings801
@davidrannings801 7 күн бұрын
Shirt
@drderdon
@drderdon 7 күн бұрын
what is that cnc model?
@greglopez9311
@greglopez9311 7 күн бұрын
I've spent a while from time to time looking for appropriate F&Speeds for my bits and machine. The info available is all over the place. YOU my friend, have me the confidence to push my machine/bits to find what works for me. I am making a spreadsheet after testing my bits individually thanks to you. Tremendous help. I am looking forward to your upcoming chart. Thank you, G
@seabeegamer4498
@seabeegamer4498 8 күн бұрын
I get that with plywood, but most of my cnc projects are hardwoods, walnut, maple, oak, etc. Does this transfer to those harder woods? I just have a hard time thinking that my onefinity journeyman can handle more than 150 ipm or so.
@beto1989
@beto1989 9 күн бұрын
Awesome ! What diameter of tool was the first one and what feed per tooth you usually use ? would you recommend this same on MDF stock ?
@hetconaviation2624
@hetconaviation2624 9 күн бұрын
Great success story and an awesome video production! You're what America, the land of opportunity, is all about.
@brandons9138
@brandons9138 9 күн бұрын
I doubt you are actually hitting 1000 IPM in the pocket. The acceleration and deceleration time of the gantry in small of a pocket takes to long. Around the profile you MIGHT be hitting that IPM. Seeing as the gantry doesn't have to change directions 180 degrees.