ButtheadBaits Posted March 18, 2021 Report Share Posted March 18, 2021 Do you sell your baits? Also if you do how do you sell them productively? I'm trying to be able to make enough to do this full time. I know it's a pipe dream and there are so many amazing bait makers but I really enjoy doing this and can imagine doing it full time. Any tips are appreciated. Quote Link to comment Share on other sites More sharing options...
Hillbilly voodoo Posted March 18, 2021 Report Share Posted March 18, 2021 I sell lures on a small scale and have dabbled in it for a fair amount of time. I still work at a job but I work long hrs in exchange for lots of days off. This gives me a reliable income and time to build lures on the side Can you make a few bucks yup but you need to unless time management, your honest expenses vs profit and how to sell your lures Your asking a question that has been asked on here many times. Do a search and you can read comments regarding most questions you might have My advice try seeing how you do selling lures on the side and see how you do If it was easy we would all be doing it though lol 1 Quote Link to comment Share on other sites More sharing options...
Jig Man Posted March 18, 2021 Report Share Posted March 18, 2021 Research the tax angle and what is required there in your state as well as federal. Those regs and record keeping turned me away from selling. 1 Quote Link to comment Share on other sites More sharing options...
JBuff Posted March 18, 2021 Report Share Posted March 18, 2021 Ask yourself 3 questions for starters and weigh your answers: 1) Am I willing to give up a good portion of my fishing time? 2) What do I deem as success monetarily? 3) Am I self disciplined? 1 Quote Link to comment Share on other sites More sharing options...
ButtheadBaits Posted March 18, 2021 Author Report Share Posted March 18, 2021 Hillbilly voodoo, I will definitely look up other questions about this topic. I've been doing okay with posting on Facebook and selling there but not the amount I'd like. Success for me would be to make at least two thousand dollars a month consistently because then I could quit my job and do that full time. Quote Link to comment Share on other sites More sharing options...
Bass-Boys Posted March 18, 2021 Report Share Posted March 18, 2021 2 hours ago, ButtheadBaits said: Hillbilly voodoo, I will definitely look up other questions about this topic. I've been doing okay with posting on Facebook and selling there but not the amount I'd like. Success for me would be to make at least two thousand dollars a month consistently because then I could quit my job and do that full time. $ 2000 profit or $2000 in sales ? 1 Quote Link to comment Share on other sites More sharing options...
JBuff Posted March 19, 2021 Report Share Posted March 19, 2021 10 hours ago, Bass-Boys said: $ 2000 profit or $2000 in sales ? 12 hours ago, ButtheadBaits said: Hillbilly voodoo, I will definitely look up other questions about this topic. I've been doing okay with posting on Facebook and selling there but not the amount I'd like. Success for me would be to make at least two thousand dollars a month consistently because then I could quit my job and do that full time. Assuming you're familiar with taxes. Add up: Energy cost, raw materials cost, incoming shipping cost for raw materials, sq ft cost<tax write off, mold costs< tax write off, storage cost, packaging cost, incoming shipping cost for packaging/supplies, time to package, last but not least your time to make the baits. I'm sure I've missed a couple. Taking out the above I'd say you're going to need to Net around $23-28. an hour give or take. 1 Quote Link to comment Share on other sites More sharing options...
