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Post by melhill1659 on May 1, 2019 7:24:32 GMT -5
It’s been a long time guys. Life here in Mississippi has been crazy busy! I’m in the middle of prime Vending Season, changing out the small 16x12’ studio to a 16’x32’ studio and helping out a local jewelry store owner. Brian an I have met several times and his excitement for my work is flattering and still mind blowing. This is my question an I’ll post a few pics so you can better understand the scope of work he request from me. “What do I charge for an hourly rate for Lapidary work?” He consistently pushes my skill limits and I tell him this all of the time. Every piece I’ve done/I’m doing is a new learning curve! That means it takes for time than doing something I’ve already done several times. Inlaying Malachite in a 1.3mm channel!! Yes ONLY 1.3mm channel!!!! It takes him no time to to cast the ring. I’ll have weeks into setting these tiny stone. Mississippi has a huge fundraising gala every year. It’s a Who’s Who’s event that brings in a crap ton of money. This gala has commissioned Brian to make their Artistic Jewelry piece that will be auctioned. His budget is $20,000. He wants this piece to have depth so that’s where I come in. Original design is the first pic but it won’t look like this at the end. This piece will also be 4n1. A necklace or earrings and bracelet. He’s wanting several of these rectangles with squared edges from me. Another learning curve... Thank God (and my husband) I have a new ring saw with a separating blade to cut out the middle of this stone!! I also have several of these to do. It’s a Washington Geode in 6mmx6mm. I appreciate any help or advice!!! Thanks
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Post by rockjunquie on May 1, 2019 7:52:53 GMT -5
First- congratulations! Sounds like a great opportunity for you! It has to be nice to have a mentor, too. 2nd- It's really hard to put a price tag on a learning project. As you say, they are taking you longer as a newbie. I couldn't even venture a guess. Do you have a rate that you generally pay yourself? If so, use that rate, come up with a number and knock some off. The best of luck to you!
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Post by hummingbirdstones on May 1, 2019 9:35:16 GMT -5
melhill1659 How awesome for you to be involved in a project of this scope!
While I can't tell you what to charge because I've never been involved in something of this scope, I would say this. What you are doing is cutting custom stones to exacting (small) requirements. No small feat. Include in that some specialty cuts, including that cut out Washington Geode and things get pricey! It takes a lot of time to cut stones to exact measurements (especially tiny ones) because of the whole cut a little, measure a lot necessity. Don't forget you are also using your electricity and equipment -- especially the consumables (ring saw blades ($$), grinding wheels, polish, etc.) All of those are costing you money.
In the end I would say don't sell yourself short. When he is asking you to accomplish things that you've never done before and he knows that, then I would perhaps take into consideration the extra time it may take you to master a new technique, but not too much. Is there anybody else he can go to or that would be willing to do the same quality work for the price you'll be doing it for? Probably not.
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Post by MsAli on May 1, 2019 9:45:42 GMT -5
What an exciting opportunity and i'm sure a stressful one.
I agree with everything Tela and Robin have said, especially the dont sell yourself short. You are extremely talented.
Cannot wait to see your finished design!
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cosmetal
starting to spend too much on rocks
Member since September 2018
Posts: 115
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Post by cosmetal on May 1, 2019 10:24:13 GMT -5
melhill1659 Congratulations on the acknowledgement of your skill and artistry. Both rockjunquie , hummingbirdstones and MsAli have given you excellent advice. The only thing I would like to add is to remember that there are other "hidden" costs that you should also take into consideration. That is, the cost of lost opportunities and lost production time. By that I mean that this project is going to occupy you and your bench time. So, you will not be: 1.) Expanding your individual marketplace. Unless you will be advertised as a co-artist and given ample acknowledgement of your contribution to the final piece. I would suggest to have that outlined in a written document or you could be "lost" in the final "bravos". 2.) Obviously you have designs that you have completed in the past. Your "learning curve" has been completed on those. How many of those designs and their variations could be completed during the time you spend on this art piece that has been first commissioned to another jeweler and who is now asking you to be a "sub-contractor"? I hope I don't come across as too paranoid. But, something similar happened to me when I was a licensed contractor making what I call as "house jewelry" for a general contractor. I was (and still am) an artist-blacksmith dealing in forged iron work. These two caveats are what I learned from direct experience. However, I have to admit that, in the end, I did get more commission work from the GC. But, as a sub-contractor. It is a real opportunity for you. But, it also has a price. Best of luck! James
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Post by fernwood on May 2, 2019 3:41:08 GMT -5
A great opportunity for you.
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Post by melhill1659 on May 2, 2019 11:55:29 GMT -5
Thank You guys for all the great replies! I’m thinking $20 an hour? And yes I plan on our next meeting asking if I’m getting credit for collaborating or am I considered a contractor? If I’m just a contractor my price will go up!
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Post by pauls on May 2, 2019 16:26:48 GMT -5
Just a thought on that channel setting ring in the first post. I had a commission to replace a small stone in a ring just like that, I tried making a tiny cab shaped like a fingernail clipping, hair pulling frustration. After several attempts at tiny nail clipping cabs, I gave up on that and had a rethink. I cut a thin slab just wide enough to fit in the groove, contoured the end of a wedge to neatly fit in the gap, Glued it in, then sawed it off and carefully finished it as per usual, only with a quite expensive ring shaped gold dop. It turned out to be quite easy and finished up fantastic.
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Post by vegasjames on May 2, 2019 17:59:56 GMT -5
Thank You guys for all the great replies! I’m thinking $20 an hour? And yes I plan on our next meeting asking if I’m getting credit for collaborating or am I considered a contractor? If I’m just a contractor my price will go up! I think $20/hr plus cost of materials is reasonable. Make sure to add the cost of materials part in your agreement or it can end up costing you.
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cosmetal
starting to spend too much on rocks
Member since September 2018
Posts: 115
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Post by cosmetal on May 3, 2019 10:26:58 GMT -5
Thank You guys for all the great replies! I’m thinking $20 an hour? And yes I plan on our next meeting asking if I’m getting credit for collaborating or am I considered a contractor? If I’m just a contractor my price will go up! I think $20/hr plus cost of materials is reasonable. Make sure to add the cost of materials part in your agreement or it can end up costing you. Excellent point vegasjamesmelhill1659 - if you supply the material, in contracting, it is a generally accepted practice to add 10% to 15% on top of the material cost to cover your time and effort to acquire the goods. Additionally, if you are working only as a sub-contractor, and not a co-artist, IMHO you should definitely re-think your hourly rate and add in indirect costs such as overhead, insurance, etc. In other words, you want to charge a "fully-loaded" hourly rate. Not just a labor only rate. James
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Post by Rockindad on May 3, 2019 10:38:45 GMT -5
Really depends on if you are doing this as a hobby or business. If this is a hobby and you would be using the same equipment, consumables, overhead related items, etc. if you were not doing this work then I would think of it as I am getting paid to challenge myself and learn something new while making a few bucks that I can put back into my hobby or shop. If this is more of a business $20 an hour may not even cover your expenses.
Al
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jasperfanatic
spending too much on rocks
Member since January 2019
Posts: 463
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Post by jasperfanatic on May 3, 2019 11:36:31 GMT -5
While this stuff is a hobby for me, I am running and building a business, so I'm approaching it from that angle. $20/hour seems pretty low to me. That's roughly $42k/year, is that enough? I don't live in an area where the cost of living is out of control (yet), but that would still be a tough living wage...especially after you factor in the cost of goods sold as some of the others have mentioned, and benefits, etc.
Even those with mastery in something don't know how to do everything, there is always something new to learn and improve on. It sounds like he recognizes and respects your skill and artistry, and since this is essentially a commissioned, custom project I think learning is implied in a fashion where you don't need to eat the cost. If what he's asking you to do is something you or any other smith/artist should already know how to accomplish with ease, then a reduced rate would make sense. Otherwise, I would want to charge a premium because I would believe he's commissioning the work from you because he knows you'll get it done, and get it done at the highest quality standards. Plus, why not start high and then be willing to negotiate down some?
There are certainly a ton of variables here, and I'm sure more to this then you could have condensed into a post, some of which others have posted considerations around but it feels like you're low-balling yourself to me. I also don't know where you're at, or what your ambitions are. Sometimes you have to charge less for a period of time to get established or even just land work, but that is a double-edged sword when it comes time to increase your rates. I get to speak with lots of business owners, clients and peers, and I think people tend to undervalue themselves/their work in general.
In the end, if you feel it is equitable then it is. I hope you share some pics when you're done, it sounds like a really cool project!
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Post by rockjunquie on May 3, 2019 15:26:18 GMT -5
Honestly, I can't shake the uneasy feeling that he might have asked you because he figured it would cost him less. I'm sure he knows it will take you longer and maybe he's willing to sacrifice time for money. Dunno. Something just seems fishy. Not saying you can't do it- I think you can and so does he obviously, but being new, I'm sure he's looking for a lower price. Don't overlook design time, either. All that time you sit trying to figure something out is part of the process. With all that said. I still think you should come up with a good number and knock a little off, but be prepared for some negotiations.
What I do is pay myself a flat rate for time, at least double the material costs and factor in some fudge money for incidentals. I'm sure everyone is aware that my wire wrapping prices are high, but I'm not working for free. I have a lot of expenses and experience. I just had to buy a new pair of cutters, for instance. Not cheap and I didn't even get the expensive ones!
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slomoshun
starting to shine!
Experienced bad influence
Member since April 2018
Posts: 38
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Post by slomoshun on May 3, 2019 16:26:49 GMT -5
Day laborers make more than $20 per hour around here. Skill rates compensation, so don't devalue yourself.
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Post by melhill1659 on May 5, 2019 14:05:56 GMT -5
I’m reading and rereading all of your thoughts and advice! I’ll be sitting down in the studio tomorrow coming up with a plan to move forward. This is a business, it being new shouldn’t be a big factor. Someone asked where I see this going... I’ve never put my thoughts or aspiration in a neat box. I want my pieces in a museum one day 😂 My passion is for intricacy, depth, ART! I live for One Offs! I have no desire to do production. With that vision in mind I can see Brian an I collaborating a lot. He pushes me an I Love it. I’m going to play with drop casting this week. I have some stuff flying around this brain that is eager to get out.
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jasperfanatic
spending too much on rocks
Member since January 2019
Posts: 463
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Post by jasperfanatic on May 5, 2019 15:35:45 GMT -5
...My passion is for intricacy, depth, ART!... Our only limitations are the ones we put on ourselves. Get out there and kill it!
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Post by Rockindad on May 6, 2019 9:36:35 GMT -5
I’m reading and rereading all of your thoughts and advice! I’ll be sitting down in the studio tomorrow coming up with a plan to move forward. This is a business, it being new shouldn’t be a big factor. Someone asked where I see this going... I’ve never put my thoughts or aspiration in a neat box. I want my pieces in a museum one day 😂 My passion is for intricacy, depth, ART! I live for One Offs! I have no desire to do production. With that vision in mind I can see Brian an I collaborating a lot. He pushes me an I Love it. I’m going to play with drop casting this week. I have some stuff flying around this brain that is eager to get out. Okay, it's a business so I will assume you have all of that part figured out. I'll just say that if you do not feel 100% confident in your business plan and know your overhead inside and out focus on that first. You can be the most talented plumber, electrician, woodworker, lapidarist, etc. producing work far beyond the quality of anyone else but if you do not have a handle on the business side of things it will most likely not turn out well. I used to do custom woodworking that was borne out of a home improvement business. It started as doing some built-in units and blossomed from there. There came a time when I was really being challenged and what I was being asked to create was pushing not only my capabilities but also those of my equipment and shop. I made the decision not to turn anything down and work as much as it took to complete my orders in a timely manner. A little reality check I had was that no matter how special my work was, there are other people out there creating their own unique works. I did not have carte blanche to charge whatever I wanted and get repeat business. I still charged what I thought the final product was worth, I just made less per hour than normal as it took me longer to produce a fully custom piece. There was no rule of thumb I followed. I broke down each product as far as I could (how much time would I have cutting, finishing, carving, etc.). For many tasks I could come up with a reasonable number, for others there was a bit of a leap of faith. This is a lot less risk than guesstimating the whole thing. It cannot be stated enough- even in custom work, the more experience you get, the easier it will be to build and price each piece. Before long this work became more profitable. Perhaps most importantly the skills you learn on today's custom project will come in handy on other projects down the road. Especially as a custom business there is no way I would quote an hourly amount. There is just too much room for second guessing on the part of your customer: "I didn't think it would take you that long", etc. when you take longer than even you expected. Also you may have to turn down other work because you figure a piece will take you "X" amount of hours. When you finish that piece early you will not only take a hit hourly (this assumes the customer will know) but also on the work you turned down. I know it can be intimidating quoting custom work but it will get easier over time. Ultimately you will get the experience to break any commission down into workable tasks that you can assign a cost to. Even the most custom work will typically have many steps you may be familiar with technique-wise, with a few twists of course. Best of luck! Al
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NRG
fully equipped rock polisher
Member since February 2018
Posts: 1,688
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Post by NRG on May 16, 2019 15:34:07 GMT -5
$20/hr is great for a full time job, NOT. Folks, this is skilled custom work, backed by a ton of tools and training investment. I would not do it for less than $75/hr. Quite honestly, from what I know about your work ethic, skills and investment into this; you are worth 2x that. melhill1659
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Tommy
Administrator
Member since January 2013
Posts: 13,004
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Post by Tommy on May 29, 2019 17:35:37 GMT -5
I'm way late for the party here - melhill1659 what's the update and how are you feeling about it?
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Post by melhill1659 on May 29, 2019 17:46:25 GMT -5
I'm way late for the party here - melhill1659 what's the update and how are you feeling about it? Hey Tommy this is what we’ve settled on at the moment: The first picture is the stone pattern. The one I’m pointing to. The Second pic is the pricing. The Third pic is my UNFINISHED Studio 😂
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