An Honest review of Woodprofits By Jim Morgan
Let’s analyze Woodprofits product by Jim Morgan, where he gives a great step by step to start your own woodworking business under $1,000 investment which may generate $90,000-$150,000 per year.
This review will include an in-depth analysis of this product, weighing all the pros and cons carefully and then declaring our verdict about the product, You may then decide whether or not to invest your time in Woodprofits.
Who is Jim Morgan?
Jim Morgan is a very prominent and a successful woodworker, who manages to make a stable income of more than $12,000 every month from a woodworking workshop in his garage. His vast experience in this field and request from other fellow woodworkers have pushed him to release this product to the market, in which he shares in-depth analysis of all the aspects revolving around woodworking.
What is Woodprofits?
Woodprofits is the collection of vast experience of Jim Morgan, which deals with all aspects revolving around starting a cottage level woodworking business, it practically teaches you how to start a woodworking business step-by-step.
This course includes:
- A 53-page long guide which contains all the information regarding the startup.
- An audio version of the same product, which can be used practically anywhere.
- A free bonus plans to construct a fancy outdoor shed.
- An e-book that contains 500 woodworking plans in detail, also projects that are discussed in the guidebook.
- Option to request hard-copy of the content shipped right to your home.
Also, additional VIP package will include
- Over 1,000 legal formalities and contract document to cover all aspects of this woodworking business. This includes sales contracts, work contracts, etc.
- An additional 150 premium project plans based on Jim Morgan’s personal top 150 best-selling wood projects
- Lifetime one-on-one consulting with Jim Morgan. This means that you can contact him directly if you encounter any problems setting up your home based woodworking business, and he will give you personal advice based on his years of experience.
- What Jim Morgan terms the “Woodworking Bible”. It is basically a mammoth book containing almost every type of wood project you can imagine with plans on exactly how to construct them.
- Three green energy eBooks that provide tips on reducing your energy costs required by your woodworking shop.
Pros of Woodprofits
This product package contains a really comprehensive 53-page guide which contains step-by-step instructions to start a new woodworking business, though one will require some experience in woodworking to grasp the content. As this guide is only targeting individuals who are serious about starting this business really looking out for some solid guide as a Kickstarter to get their first income.
Even so, people who are not that familiar with woodworking can use this product, though there is a bit of learning curve but that can be overcome with some dedication.
Creating Great Business Model
The best part about this course is the business development section, which makes the individual understand the most important aspect before starting any business; Planning. The emphasis on creating a good business model the point which impressed us the most while reviewing this product. Also, Jim makes it really easy to understand, so anyone with almost no managing experience can be the CEO of their new woodworking business.
500 Woodworking Plans
The additional complementary resource including 500 woodworking plans was also very detailed and fantastically presented. Anyone who knows how to use woodworking tools can carve out things like toys, chairs, exquisite items and other furniture. He especially emphasizes on creating toys from woodworking, as that is the niche that really attracts the market and is the easiest to be successful in, still, he had included many other projects like nautical clocks, turned salt and pepper mills, laminated jewelry boxes, and just about any other woodworking project you can imagine.
These are the few points which impressed us the most while reviewing this product, along with many other special features offered. To know all the other features, click here.
Cons of Woodprofits
Not for everyone
This product package is a series of content providing full fletched step-by-step instructions to start a successfully running woodworking business, that is why this product is not for everyone! People who are really serious about taking up woodworking to make money should only invest their time and money, of course, the profits are good even when it can be just a garage business.
Learning curve for beginners
For the people who have no clue what woodworking is, this product will prove to be a little challenge as it will make you learn all the basics of woodworking before you dive into starting this business. As far as intermediate woodworkers are concerned, there will be no such issue.
We would highly recommend people who are already into woodworking as a hobby and are looking to jump into this field as a full fletched businessman. Also, people who are new to woodworking, but are willing to spend time into this and be dedicated towards this field should try this product.
People who are only looking to make some money off their couch, practically doing nothing. This ISN’T the product you need to invest in.