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thinktubes More or less. Not what I was expecting, but I stepped into it, that's for sure.
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noglider I definitely consider my pricing, but not from the vantage point of making a living. I've often had to rely on my crafting as a sole source of income since I have two college degrees and have been a full-time student much more of my adult life than a full-time employee. But no, I have never declared my craft a full-time gig in the typical sense of the phrase.
If it helps to put things into perspective, when I was busy with crafting I definitely had more people ask for quotes and not actually pay up to see a project happen than the number of projects that became a reality. My prices are clearly too high for most potential clients despite hardly making minimum wage based on my estimates - this is the primary reason why I really never seriously considered doing such work full time.
Those who I have worked with and who have paid my prices favorably compare my work to some of the best in the profession of making medieval reproductions, honestly, but it's a very small market and I have not been involved in it for long. Reputation means a lot, as we know in the cycling community as well. I'm 30 years old and have only been making things that some consider to be "high quality" for a few years now.
-Gregory