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I asked how much backlog she has right now. She said she’s   But there might be another more lucrative market. There are
        almost finished with her current project: a custom American   people who would pay $6,000 for a flag just to tell their friends
        flag made from wood, with the 13 stars routed out with her   how much they paid for it or because they appreciate fine
        new CNC machine. The fee is $600. The machine, more than   workmanship and can afford to pay for it. The technical term
        that. Hours into the project exceeded 40. Backlog zero.  for this segment of our nation is “rich people”. They have the
                                                                disposable income to pay good money for great work. Often,
        My advice was to open a title survey business. You’ll be able   they buy for what seems like a high price and, a few years later,
        to charge the same $600 fees but you only have to spend 20   they sell for 10 times that amount. This concept would apply to
        hours a project to earn that.                           art, high-end cars, and even houses in high-end communities.

        Or, make $600 hammer handles for NASA. They were paying   Can she make a wooden flag that is so much better than
        that much back in the 1960s.                            anything else on the market, and then find a way to advertise it

        When I was done telling jokes                                                to wealthy segment of society? In her
        that I thought were funny but        A business is like a second             case, I suspect the answer is yes. She
                                             A business is like a second
        she didn’t, I got more serious.     family that y  ou also hav  e to         would have to up her game, probably
                                            family that you also have to
        The first thing I told her is that    car e just as much about.              spending 120 hours per flag, going
                                              care just as much about.
        the only reason I would open                                                 for top-level craftsmanship and out-
        a business is that there’s a lot                                             of-the-box creativity. The market just
                                                                                     got very small, only the 1% or 0.1%,
        more opportunity to make good                           but maybe that just makes the marketing work more focused.
        money as an owner than there is being an employee. The   Tripling the cost of making the product but increasing the fee
        trade-off is the time you’ll have to spend and the stress that   by a factor of 10 just might work.
        goes along with taking those risks. Everyone has stress about
        doing their part to take care of the family. A business is like a   So what does all of this have to do with our profession? Who
        second family that you also have to care just as much about.   cares? I’m retired. No, I didn’t mean to say that. What I should
                                                                have said is that, while much of what we do every day is price-
        The next thing I said is that selling your product or service is   oriented commodity work (think clients like title companies
        probably the most important part of running a business. You   or governmental agencies that don’t care about anything above
        can make the most beautiful creations ever seen but if no one   minimum standards), maybe some of us can still find markets
        knows about them, you’re going to die a pauper. Selling means   where quality is the most important aspect of the client’s need
        spending more of your time not producing, or hiring someone   and the client is willing to pay for that. We can make plenty
        to do it. It also likely means spending money on marketing   of money doing commodity work but I’ve just always felt that
        materials and advertising. All tough things to do when you’re   the high-end stuff is more rewarding as a career.
        starting out with no money.
                                                                If you have a foot in that door, great for you. You’re probably
        I asked how she thinks she can make a profit selling wooden   set up for a healthy retirement someday. Or maybe you’ll never
        flags for $600 when it takes 40 hours to produce one. She   want to retire because you love what you do every day and
        suggested that she would become more efficient when she gets   you’re contributing to society.
        more expert at the new tools she bought. I countered that if   Best of luck either way. Meanwhile, I can’t wait to see which
        she wants to net $80 per hour after costs while keeping that   direction my former employee goes. I’m putting away some of
        price, she will have to finish the flags in about 6 hours, not 40.   my Social Security check each month in case I need a $6,000 flag.
        This led to a discussion on pricing and market selection.
                                                                                 About the Author:
        Personally, I wouldn’t pay $60 for a wooden flag, let alone              Gregory J. de Bruin retired at the end of 2020, after
        $600, even though they look great. It’s just not a place I’d want        45 years in the Land Surveying and Engineering
        to spend that kind of money. I bet I’m in the majority. But,             professions. He was a principal in the firm that
        since she has sold two of them, there is a market for them. I            is  now known as GdB Geospatial,  LS. Greg is  a
        think it’s pretty small. But most of us non-rich people would            former president of: NYSAPLS, Nassau Suffolk Civil
        probably settle for buying an American flag, probably made in            Engineers, Nassau County Chapter of the NYSSPE
        China, for $59 from Amazon. My point was that competing                  and the Long Island Branch of ASCE.
        with the huge mass-producers is going to be an uphill battle.

                                       EMPIRE STATE SURVEYOR / VOL. 57 • NO 5/ 2021 • SEPTEMBER/OCTOBER   27
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