I have yet to make my first knife so this may be a little premature. For now I am looking for a hobby where the finished product doesnt take up a lot of space and that I can do at home, specifically when im on call and need to be close to a computer. I have plenty of friends and family who could use a good knife and will be making a lot of gifts to start.
Eventually I suspect I will try to get a return on my investment and will be happy selling the knife for cost of materials as my skill improves. With that in mind I suspect there will be some people who stick with me as my skill improves. These folks will possibly get an early knife or two and later as my skill improves and so does the sale price I suspect they may question why.
After all, assuming the materials are the same and complexity of design is similar then one would logically assume that as my skill improves the knife will have a better fit and finish but at the same time the speed at which it was made likely decreased as well.
So, for those experienced folks out there, what did you do to set the stage for future price hikes? Did you warn people the prices are what they are only because you are still honing your skills and building a name and that as time went on you would actually need to make some money for your time?
Eventually I suspect I will try to get a return on my investment and will be happy selling the knife for cost of materials as my skill improves. With that in mind I suspect there will be some people who stick with me as my skill improves. These folks will possibly get an early knife or two and later as my skill improves and so does the sale price I suspect they may question why.
After all, assuming the materials are the same and complexity of design is similar then one would logically assume that as my skill improves the knife will have a better fit and finish but at the same time the speed at which it was made likely decreased as well.
So, for those experienced folks out there, what did you do to set the stage for future price hikes? Did you warn people the prices are what they are only because you are still honing your skills and building a name and that as time went on you would actually need to make some money for your time?