308: How to Start a Knife Sharpening Business

The Side Hustle Show

Nick Loper

How To, Entrepreneurship, Business, Education

4.7 • 1.6K Ratings

🗓️ 8 November 2018

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

Every house in the country is a potential repeat customer... Matt Rowell set himself the goal of generating an extra $5k over 5 years to fund some passion projects, and he’s well on his way. Matt runs AmericanEdgeSharpening.com on the side from his day job as captain of a research vessel. It’s a knife sharpening business, which was up to $250-500 a month when we spoke and is earning him $30-60 per hour. He saw an ad while posted abroad with the Navy that gave him the idea for his business. And then he took action. Matt: Picked up a knife sharpening kit Taught himself how to sharpen knives by watching YouTube videos Offered to sharpen knives for family and friends for the practice Found paying customers The best thing about the knife sharpening business? “If you drive down the road, every house that you pass has a bunch of knives in it,” Matt said. That means an almost limitless number of potential customers. Tune in to hear how Matt got started with this idea while he was deployed in Djibouti, Africa, including his equipment, how he learned how to do it, and how he’s marketed and priced his service. Full Show Notes: How to Start a Knife Sharpening Business

Transcript

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0:00.0	Side Hustle Show 308, how to start a knife sharpening business.
0:05.0	Here's how you can make an extra few hundred dollars a month with this low overhead
0:09.1	side hustle that has literally millions of potential repeat customers.
0:14.4	What's up, what's up, Nick?
0:18.4	Loper here, welcome to the Side Hustle Show because sometimes you got to step back
0:22.1	from chopping down trees to
0:23.7	sharpen that axe. I'm pretty sure we've talked about that metaphorical saw
0:28.7	sharpening a few times in the past. In fact it's one of Stephen Covey's seven habits of highly successful people,
0:35.4	but today I want to share with you a side hustle about literal saw sharpening and knife sharpening and sheer sharpening.
0:41.8	Basically, any kind of blade
0:43.4	Matt Raoul from Americanedge sharpening.com
0:47.2	can help bring it back to life. Matt's business is something he runs on the side from
0:52.1	his day job as captain of a research vessel.
0:56.0	He's also a Navy reservist, but he came up with his goal of making an extra $5,000 over the course of
1:02.3	five years to help fund some other passion projects.
1:06.2	And one of the ways he's on track to do that is with his knife sharpening business, which
1:10.5	was up to $250 to $500 a month when we spoke.
1:15.0	Stick around in this episode to hear how Matt got started with this idea while he was deployed
1:19.8	in Djibouti Africa, including what equipment he uses, how he learned how to do it, how to actually sharpen the blades, and how he's marketed and priced his service.
1:30.0	Notes and links for this episode, plus the full text summary with all of Matt's top tips
1:34.4	are at side hustle nation.com slash knife k and i f e yes I can spell now whether your business
1:41.3	involves sharpening blades or providing service to clients, you're going to need a reliable way to get paid.
	...

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