Who is making money with their CNC...

[shen]

Originally Posted by ToolWall If you are lucky enough to get a large quantity job you find out that there is little if any left under the line. You have to wait long to get paid, have to carry a lot of inventory and once you figured out how to scrape a living out of it, the job went to Asia. So what’s the answer? 1) Create your own product that hopefully sells. 2) Take the small quantity jobs nobody wants. The small quantity jobs actually fetch a good price providing you can eliminate the costly and time-consuming set-up of the tools. Don’t you think you could make money if you could make 1 pc on your CNC machine in the same time as the cycle time of 1 pc in a 1000 pc run? With that in mind we set out to see if we can come up with something. 3 years later we had a system that reduced our set-up time by as much as 90 % and we are able to offer our customers low quantities for a better price than anybody else can do it. So instead of going after the large volume, we focus on the small and are less exposed to loose a lot of money if one of our customers fail. In addition of this we had now our own product we can sell. ( I hope it will !! ) Reducing the set-up time is due to the software we created. You can download it for free and I hope it works for you. There is no catch to it as we were able to attract some sponsors, allowing us to make some money of the software. Sure would be nice to see the software helping to keep work at home as small volumes will never go overseas. Tool Wall - CNC Tool Storage

You know Asian companies' life?
they have lots machines but they also have no order.because of Nontariff Barriers, like ISO system, CE approval, etc, small Asia compaies hard to get direct order from Western big company(but maybe they are your neighbor)
so Asia compaies usually get order though some international group(I call them internation hunters),but usually asia small company will be asked follows:
very high quanlity confirmation, very low price.
so the point is not Asia company get profits, only those huge international companies get profits.
so let's change some idea.
global small companies cooperate together, share profits together.
Get quantity order from your neighbor, but not make it by ur own machine, just make sure quality request and pass to Asia partners, your final price will lower than those international hunters and quality are same, the most important thing is you are neighbor of your customer, it will be easy to communicate with you than international hunter, so you will win the order and get profits from the large quantity job.
To Asia companies, they also get more profits than cooperate internation hunter.
so this is a mutual benifits way......

[Ron Dunn]

Originally Posted by shen they have lots machines but they also have no order.because of Nontariff Barriers, like ISO system, CE approval, etc,

Not quite, shen ... many Chinese companies have no orders because their products are RUBBISH. Look around CNCZone, and see the number of complaints about poor quality products that should never have left the factory.

[handlewanker]

Hi, if'n the truth be known when you deal with "a Chinese Company" you're dealing with China Incorporated....they are after all state owned and a Socialist system, as soon as one goes out of business another pops up, same factory, same workers, same machines, just a different face at the top, different name on the gates....like musical chairs....you'll never beat their system on a level playing field, and once you deal with them with your product, they have the knowledge, the market and the manpower to make it cheaper, and all by just rebadging and changing the colour.
Ian.

[bcstrings]

i have made a 4 axis machine. and love working on it --i'm going on to my 20th job so far and have alot of interest i what i'm doing...i'm hoping to have 5ft x 10ft foot machine up and running soon --- also tring to work on getting my own haas --machine !!!

here is a link to my site-- http://www.wix.com/bcstrings/cb-machining

would love to go full on with this just tring to find someone that would back me and really get this going big!!!

so if anyone knows someone that does -- angel investing contact me!!!!


thanks chris silvia

[handlewanker]

Inviting investment is like paying the Cannibals to eat you last.

If'n you aren't making money now, you will ,by diminishing returns, not make more but less when someone else has their hand in your pocket.....one person making the money, two spending it.

Don't give up your day time job, re-invest your profits in your own business and when you grow eventually, the profits will be all yours.

You will get an investor to give you money 'cos they know a sucker when they see one....they will suck you dry, and you'll end up working just to pay the investor.

Your problem as I see it is you want to be on top yesterday....tomorrow eventually is too far away.....ask yourself what would you use the money someone is going to "lend" you for, and consider it as just another credit card debt you'll have to pay each month.

What terms would an investor give you to invest in your enterprise?.......a 10% return on net profit (after YOU pay all expenses etc) would mean anything you made would be worth 40% less than you're getting right now.

It is better to have 100% 0f $1 than 1% of a million dollars.

BTW, if'n your enterprise is so good, whyn't you just go and take out a loan on your house for $10,000, that's real confidence..... and see how long it would take you to get out of debt, if ever.
Ian.

[LeeWay]

I agree about investors and silent partners. I have had several offers from guys wanting to invest in my co. I turned them all down. I grow my co. using the profits. Always stay in the black. Don't take out loans. It has steadily grown over the years. I have one full time employee now besides myself and may have another in the next year if demand keeps increasing the way it has. It has stayed on pace with the growth so far.

Another problem with loans and investors is you may actually grow a co. too quickly. You may be able to run several months in the red while profits start building up, but if they don't meet within a reasonable time, bad things will start to happen. Like a snowball that turns into an avalanche. At some point, there is no way out. This scenario repeats itself over and over with a lot of small businesses. Just too much too quick. Without an excellent product and good customer base, chances for success are low.

[handlewanker]

D'ya hear that Barak O'Bama, instead of giving billions to the banks, give it to a million small business owners or would be owners......they're the ones that WANT to be successfull and do it by the sweat of their own body, and a busy worker is a revenue earner.

Margaret Thatcher rose to power by supporting the small businesses, those with 10 to 20 personell, 'cos she recognised the fact that the working class has more voting power than a few big business owners.

It's time to recognise that getting dirty and sweaty while earning a living is not to be looked down on, but until the need for freedom of the workplace is a reality, the lustre of the boardroom is a goal many people will strive for and ascribe to being successfull.
Ian.

[Cha4NCam]

went out of the industry into retirement about 2002.

[Joe S.]

Originally Posted by handlewanker Hi, if'n the truth be known when you deal with "a Chinese Company" you're dealing with China Incorporated....they are after all state owned and a Socialist system, as soon as one goes out of business another pops up, same factory, same workers, same machines, just a different face at the top, different name on the gates....like musical chairs....you'll never beat their system on a level playing field, and once you deal with them with your product, they have the knowledge, the market and the manpower to make it cheaper, and all by just rebadging and changing the colour. Ian.

I have heard of but not personally seen Chinese Knockoff cabinet style table saws, that when disassembled had the Delta logo cast into the underside of the table because they used a real Delta tabletop as a mold pattern.

[handlewanker]

They must be real dumb not to have filled the logo in before using it as a pattern.

[joycet-]

hello i ma new

[Dan342]

i am new!