Tutorial: How to make $1000 a day during COVID-19 [EASY]

[splishsplash]

I agree on the clickbait, why would people pay 2K for a self-build rack when places like eBay, IKEA, bol.com are selling steel training equipment it for a fraction of the cost including transportation.

Seems like a stretch to me but it is always better than the "how can i make $5- a day" threads that are plaguing this subforum

Yeah, I just don't like the mass exaggeration stuff. If this was really a $730k per year business he wouldn't be sharing it here, he would be making an extra mil a year. Who doesn't need an extra mil a year? The reality is to turn this into a $2k per day business would require a LOT of infrastructure. Staff, carpenters, storage, logistics. It's utterly ridiculous.

I don't even think it's a particularly good idea. I could go and get a flat pack squat rack for $300 from ebay and have it delivered.

To build something like this you need to be a serious carpenter, and it takes quite some time to build it. And I still don't know how you would transport a giant wooden squat rack. How does it fit through doors?

The reality is Josh found some ad on kiji, https://www.kijiji.ca/v-exercise-equipment/kitchener-waterloo/home-squat-racks/1493659806, and decided it would make a good post on bhw.

He posted some unknown ad listing "something" for $1000 and because he got a few replies he's deemed this a certified $730k per year business. It just shows a complete lack of any real business experience, and really what he's more interested in is getting exposure for his book launch.


For anyone still doubting, here's a little reality check

https://www.quora.com/How-many-hours-does-it-take-to-build-a-solid-wood-dining-table-100x300cm

This guy is a hobbyist carpenter with 8 years experience and a hardcore workshop with professional equipment and it took him 20 hours to make a table. He even says a beginner will not be able to do this in 20 hours.

A squat rack isn't easy. If you mess up anything it's going to be wonky and unstable.

Let's look at some real figures.

If you're a professional carpenter with a full workshop and proper tools. Not just a saw and a brush. It's going to take you probably around 12-15 hours to do this.

I don't believe for a second you can sell this for $1000. The other guy who has a pretty solid looking squat rack is selling for $400. Anyone who's got experience in business knows 1 ad and a few message isn't a proof of concept for sell-ability.

So realistically to the amount required to make $2k/day you will be selling for $400.

The wood and metal will cost about $150. Good wood isn't cheap. Maybe I'm overestimating. Let's say $100 if you're buying a bit more in bulk.

So $300 profit.

Now, you, as a professional carpenter with a workshop will be able to produce one per day if you work 12-15 hours a day. You still need the time to ship these, sell them and store them. So if you can make 5 per week that's going to be about $1500 profit per week for about 70-75 hours of hard work per week.

To make $60k per month turnover, that's 150 units sold per week. How in the hell is anyone going to achieve that?

You'd need a factory and about 10-12 carpenters on full time staff. Average carpenter salary in the US is $21/hour. So around $840 per week. They will be able to produce about 1 per day of quality with the right equipment. You also have your factory costs now. So $300 gross profit per day minus $170 for your carpenter leaves about $130, then your other operating expenses comes off that.

This. Is. Just. Ridiculous.

I don't like to attack threads like this, but this is just clickbait garbage.

 

[friendliestbear]

Would be interested to see an update on how this is doing in a week or two...

 

[unsungwarrior]

Yeah, I just don't like the mass exaggeration stuff. If this was really a $730k per year business he wouldn't be sharing it here, he would be making an extra mil a year. Who doesn't need an extra mil a year? The reality is to turn this into a $2k per day business would require a LOT of infrastructure. Staff, carpenters, storage, logistics. It's utterly ridiculous.

I don't even think it's a particularly good idea. I could go and get a flat pack squat rack for $300 from ebay and have it delivered.

To build something like this you need to be a serious carpenter, and it takes quite some time to build it. And I still don't know how you would transport a giant wooden squat rack. How does it fit through doors?

The reality is Josh found some ad on kiji, https://www.kijiji.ca/v-exercise-equipment/kitchener-waterloo/home-squat-racks/1493659806, and decided it would make a good post on bhw.

He posted some unknown ad listing "something" for $1000 and because he got a few replies he's deemed this a certified $730k per year business. It just shows a complete lack of any real business experience, and really what he's more interested in is getting exposure for his book launch.


For anyone still doubting, here's a little reality check

https://www.quora.com/How-many-hours-does-it-take-to-build-a-solid-wood-dining-table-100x300cm

This guy is a hobbyist carpenter with 8 years experience and a hardcore workshop with professional equipment and it took him 20 hours to make a table. He even says a beginner will not be able to do this in 20 hours.

A squat rack isn't easy. If you mess up anything it's going to be wonky and unstable.

Let's look at some real figures.

If you're a professional carpenter with a full workshop and proper tools. Not just a saw and a brush. It's going to take you probably around 12-15 hours to do this.

I don't believe for a second you can sell this for $1000. The other guy who has a pretty solid looking squat rack is selling for $400. Anyone who's got experience in business knows 1 ad and a few message isn't a proof of concept for sell-ability.

So realistically to the amount required to make $2k/day you will be selling for $400.

The wood and metal will cost about $150. Good wood isn't cheap. Maybe I'm overestimating. Let's say $100 if you're buying a bit more in bulk.

So $300 profit.

Now, you, as a professional carpenter with a workshop will be able to produce one per day if you work 12-15 hours a day. You still need the time to ship these, sell them and store them. So if you can make 5 per week that's going to be about $1500 profit per week for about 70-75 hours of hard work per week.

To make $60k per month turnover, that's 150 units sold per week. How in the hell is anyone going to achieve that?

You'd need a factory and about 10-12 carpenters on full time staff. Average carpenter salary in the US is $21/hour. So around $840 per week. They will be able to produce about 1 per day of quality with the right equipment. You also have your factory costs now. So $300 gross profit per day minus $170 for your carpenter leaves about $130, then your other operating expenses comes off that.

This. Is. Just. Ridiculous.

I don't like to attack threads like this, but this is just clickbait garbage.

Nail on the head!

 

[fc-dh]

Yeah, to quote @unsungwarrior: you nailed it, numbers don't lie...

Yeah, I just don't like the mass exaggeration stuff. If this was really a $730k per year business he wouldn't be sharing it here, he would be making an extra mil a year. Who doesn't need an extra mil a year? The reality is to turn this into a $2k per day business would require a LOT of infrastructure. Staff, carpenters, storage, logistics. It's utterly ridiculous.

I don't even think it's a particularly good idea. I could go and get a flat pack squat rack for $300 from ebay and have it delivered.

To build something like this you need to be a serious carpenter, and it takes quite some time to build it. And I still don't know how you would transport a giant wooden squat rack. How does it fit through doors?

The reality is Josh found some ad on kiji, https://www.kijiji.ca/v-exercise-equipment/kitchener-waterloo/home-squat-racks/1493659806, and decided it would make a good post on bhw.

He posted some unknown ad listing "something" for $1000 and because he got a few replies he's deemed this a certified $730k per year business. It just shows a complete lack of any real business experience, and really what he's more interested in is getting exposure for his book launch.


For anyone still doubting, here's a little reality check

https://www.quora.com/How-many-hours-does-it-take-to-build-a-solid-wood-dining-table-100x300cm

This guy is a hobbyist carpenter with 8 years experience and a hardcore workshop with professional equipment and it took him 20 hours to make a table. He even says a beginner will not be able to do this in 20 hours.

A squat rack isn't easy. If you mess up anything it's going to be wonky and unstable.

Let's look at some real figures.

If you're a professional carpenter with a full workshop and proper tools. Not just a saw and a brush. It's going to take you probably around 12-15 hours to do this.

I don't believe for a second you can sell this for $1000. The other guy who has a pretty solid looking squat rack is selling for $400. Anyone who's got experience in business knows 1 ad and a few message isn't a proof of concept for sell-ability.

So realistically to the amount required to make $2k/day you will be selling for $400.

The wood and metal will cost about $150. Good wood isn't cheap. Maybe I'm overestimating. Let's say $100 if you're buying a bit more in bulk.

So $300 profit.

Now, you, as a professional carpenter with a workshop will be able to produce one per day if you work 12-15 hours a day. You still need the time to ship these, sell them and store them. So if you can make 5 per week that's going to be about $1500 profit per week for about 70-75 hours of hard work per week.

To make $60k per month turnover, that's 150 units sold per week. How in the hell is anyone going to achieve that?

You'd need a factory and about 10-12 carpenters on full time staff. Average carpenter salary in the US is $21/hour. So around $840 per week. They will be able to produce about 1 per day of quality with the right equipment. You also have your factory costs now. So $300 gross profit per day minus $170 for your carpenter leaves about $130, then your other operating expenses comes off that.

This. Is. Just. Ridiculous.

I don't like to attack threads like this, but this is just clickbait garbage.

 

[macdonjo3]

I agree on the clickbait, why would people pay 2K for a self-build rack when

It's not $2k per unit, rather $400

Tell us more about the delivery process for such a big article.

so how about an offer where you build the custom, transport them, and install them at their house. So that customer wouldn’t have to do nothing. Something like that in your area

priced higher obviously

The one ad offers delivery for a fee it says. Lots of options here.

Exactly, too much bullcrap on the forum nowadays. there are lots of gullible people who will waste 20 hours trying to make this then realize they have no buyers!

You should have seen it a decade ago

Yeah, I just don't like the mass exaggeration stuff. If this was really a $730k per year business he wouldn't be sharing it here, he would be making an extra mil a year. Who doesn't need an extra mil a year? The reality is to turn this into a $2k per day business would require a LOT of infrastructure. Staff, carpenters, storage, logistics. It's utterly ridiculous.

I don't even think it's a particularly good idea. I could go and get a flat pack squat rack for $300 from ebay and have it delivered.

To build something like this you need to be a serious carpenter, and it takes quite some time to build it. And I still don't know how you would transport a giant wooden squat rack. How does it fit through doors?

The reality is Josh found some ad on kiji, https://www.kijiji.ca/v-exercise-equipment/kitchener-waterloo/home-squat-racks/1493659806, and decided it would make a good post on bhw.

He posted some unknown ad listing "something" for $1000 and because he got a few replies he's deemed this a certified $730k per year business. It just shows a complete lack of any real business experience, and really what he's more interested in is getting exposure for his book launch.


For anyone still doubting, here's a little reality check

https://www.quora.com/How-many-hours-does-it-take-to-build-a-solid-wood-dining-table-100x300cm

This guy is a hobbyist carpenter with 8 years experience and a hardcore workshop with professional equipment and it took him 20 hours to make a table. He even says a beginner will not be able to do this in 20 hours.

A squat rack isn't easy. If you mess up anything it's going to be wonky and unstable.

Let's look at some real figures.

If you're a professional carpenter with a full workshop and proper tools. Not just a saw and a brush. It's going to take you probably around 12-15 hours to do this.

I don't believe for a second you can sell this for $1000. The other guy who has a pretty solid looking squat rack is selling for $400. Anyone who's got experience in business knows 1 ad and a few message isn't a proof of concept for sell-ability.

So realistically to the amount required to make $2k/day you will be selling for $400.

The wood and metal will cost about $150. Good wood isn't cheap. Maybe I'm overestimating. Let's say $100 if you're buying a bit more in bulk.

So $300 profit.

Now, you, as a professional carpenter with a workshop will be able to produce one per day if you work 12-15 hours a day. You still need the time to ship these, sell them and store them. So if you can make 5 per week that's going to be about $1500 profit per week for about 70-75 hours of hard work per week.

To make $60k per month turnover, that's 150 units sold per week. How in the hell is anyone going to achieve that?

You'd need a factory and about 10-12 carpenters on full time staff. Average carpenter salary in the US is $21/hour. So around $840 per week. They will be able to produce about 1 per day of quality with the right equipment. You also have your factory costs now. So $300 gross profit per day minus $170 for your carpenter leaves about $130, then your other operating expenses comes off that.

This. Is. Just. Ridiculous.

I don't like to attack threads like this, but this is just clickbait garbage.

I'm not reading all that but kudos for writing it

Would be interested to see an update on how this is doing in a week or two...

Will differ based on countries. Sounds like some countries will open. Trudeau is talking on staying shut down for a year straight lol. As mentioned in replies, the evergreen stuff would be the strongman equipment. That stuff is sought after year-round. Someone also mentioned raised flower beds. Check the other replies

 

[splishsplash]

There you go. This guy also produces a ton of other stuff. It's obviously a serious hobby, and with him and a friend doing it, it still takes just under a day.

2 guys, 5-6 per week.


Yes, this is a good little method for some extra pocket money if you have a workshop and experience.

No, you cannot do this with a saw and a brush and no experience.

And no, you can't make $2k per day or anywhere close.

 

[macdonjo3]

There you go. This guy also produces a ton of other stuff. It's obviously a serious hobby, and with him and a friend doing it, it still takes just under a day.

2 guys, 5-6 per week.


Yes, this is a good little method for some extra pocket money if you have a workshop and experience.

No, you cannot do this with a saw and a brush and no experience.

And no, you can't make $2k per day or anywhere close.

$2k a day when the stars align. Assuming good sales volume, low competition, good sales price, $2k would be doable for a bit. But if you only get 1-2 sales a day, only getting $400 each, quarantine ends - whatever - ya it's gonna be less than $2k.

So TAT is less than a day. Ask him how many racks he can make in a day.

Don't know why you're so attached to this thread lol. I think you've got more invested into it than me

 

[fc-dh]

Don't know why you're so attached to this thread lol. I think you've got more invested into it than me

I am sure he did, that is kind of the issue here.

You have posted something with wild claims that isn't even close to true (easy $2000 a day) and then you used clickbait to get people to your thread, maybe if you would have given it some more thought we would not be here at all right now.

Just saying.

 

[newlooksales]

I have seen your idea, but I want to know, really is it possible to make $2000 in a day in this pandemic time?

 

[fc-dh]

I have seen your idea, but I want to know, really is it possible to make $2000 in a day in this pandemic time?

No!

 

[FireAds]

Seems to be great business good luck everyone with that. Maybe someone will open journey thread?

 

[macdonjo3]

I have seen your idea, but I want to know, really is it possible to make $2000 in a day in this pandemic time?

Most of our e-com stores are up like 5-6x, really had to throttle them back. I don't use this method, but people definitely have money to spend - no question there.

 

[Evening]

This could be a good sidehustle, but the only thing that really bothers me is the delivering part. Considering the Price at 500, for which you can add up 50$ at least for delivery
Why then wont people buy metalic professional more durable ones with free shipping for 600$?

 

[Evening]

or a good value offered would be customization? but what customization would make that difference between and buying professional ones?

 

[macdonjo3]

Why then wont people buy metalic professional more durable ones with free shipping for 600$?

Hard to get right now in America. Take a look on Amazon.com. Some people say they can still buy them in other countries overseas though

 

[Amanda Fischer]

I think that is called seizing the opportunity and making best out of adversary. People just need to find the right product/idea for the right time in the market.

 

[M4DM4X]

Not the average Joe can build something like this, it requires skills, time, money, and tools. Thanks for the suggestion anyway, but you're a little bit optimistic there

 

[SychoMack]

I think if one makes customizable face masks that aren't just plain blue, or paper like, will get us lots of moneyroll.

 

[Sunmoluvic]

Thanks for this post bro

 

[hassano10]

That's what I call creative , this is genius