Glowforge’s Highest and Best Use ($ wise…)
This has been a question in my mind for awhile: What is the highest and best use of the Glowforge from a simple $/hr perspective. I know many people are buying the GF for artistic or creative reasons, but from a purely economic/business point of view, I want to map out the most profitable use of the Glowforge.
To that end, I have created a dead simple Google Sheet that anyone can edit. You can enter the product or service in the A column and the profit for that activity in the B column. I’m trying to isolate the Glowforge’s value, so try to only include the value that the Glowforge is adding for the righthand column. i.e. Don’t include material costs, etc. If you make 100 widgets in an hour, and the Glowforge adds $1.00 of value per unit, put $100/hr.
Enter as many items as you like
Try to be as specific as you can without giving away something you don’t want to - Engraving iPhones vs. Engraving electronics vs. Engraving
Remember, this is just about utilizing a capital asset (read filthy lucre…) so please enter what you realistically expect to charge/make for that use of the Glowforge.