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I am thinking of becoming a locksmith

Already an established locksmith? Trying to get your new locksmith business off the ground? Need training or licensing? Have to get bonded and insured? Visit here to talk about running a locksmith business day to day, including buying a van, renting a store front, getting business cards and invoices made up, questions on taxes, pricing out jobs, what to spend on tools and what works and doesn't in advertizing.

Re: I am thinking of becoming a locksmith

Postby billdeserthills » 20 Dec 2015 16:08

MBI wrote:
Just_4_Fun wrote:This site (others like it) and YT has wiped out the gravey work, so hard-core specialize or don't bother.
Lock picking is day one stuff... what else you got?


I doubt we'll ever hear what else the original poster has in his toolbox since this thread is over a year old and he hasn't logged in since then either. However, hopefully your input will be of some use to someone else.




We most definately need more negative attitude -- No point even trying to better yourself right?
Might as well just start cutting yourself up into pieces small enough to flush down the toilet, Eh?

I mean, I disagree with your assessment of the 'gravy work'
To me, even with my $8.50 rekeying charge I find rekeying to be the easy money
clients ask why I move so fast, I tell them it's "the only way I can get a raise" Cause I don't want to raise my prices
and I don't need to if I do a job or two every couple of days. Keeps my taxes nice and low too. One day I realized that
the taxman was getting half of my pay!! I fixed that by working half as much
billdeserthills
 
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Location: Arizona

Re: I am thinking of becoming a locksmith

Postby Just_4_Fun » 20 Dec 2015 21:39

billdeserthills wrote:
MBI wrote:
Just_4_Fun wrote:This site (others like it) and YT has wiped out the gravey work, so hard-core specialize or don't bother.
Lock picking is day one stuff... what else you got?


I doubt we'll ever hear what else the original poster has in his toolbox since this thread is over a year old and he hasn't logged in since then either. However, hopefully your input will be of some use to someone else.




We most definately need more negative attitude -- No point even trying to better yourself right?
Might as well just start cutting yourself up into pieces small enough to flush down the toilet, Eh?

I mean, I disagree with your assessment of the 'gravy work'
To me, even with my $8.50 rekeying charge I find rekeying to be the easy money
clients ask why I move so fast, I tell them it's "the only way I can get a raise" Cause I don't want to raise my prices
and I don't need to if I do a job or two every couple of days. Keeps my taxes nice and low too. One day I realized that
the taxman was getting half of my pay!! I fixed that by working half as much


yea, ok I had that coming to me, and I appologise for my experiences in life negatively affecting my outlook on the industry.

I suppose I could encourage new commers that locksmithing is a land of opportunity, and not dump on their dreams.
It could be.
Therefore, I will remember where I am, and adjust my opinions to be more positive.

$8.50 rekeying as pointed out to me by someone, needs to not only cover the cost of the pins (which have to be marked up) but the SHOP time of which a small portion goes to pay you directly.
I was at that time told when rekeying to charge $8.50 (to cover the pins) and charge a labour charge as well. $8.50 is just for the pins.

I use oem pins which are more expensive than my zipf pin using competitors, but the quality is there.
So rekeying must be near or less than a minute to charge $8.50 total.
But each cylinder you rekey, you must check all tops are there and not using rounded bottom pins and all springs are good, and no master wafers inside. That takes longer and must be done every time.
That also assumes you are rekeying to factory cut keys that match the pin kit you are using, not copy of a copy of a copy.
Being .005" off is unacceptable. The keys click, and you have to hide it with a shot of graphite or other lube.
Not very gravey anymore.
if I do a job or two every couple of days.
I didn't understand this part.

I'll stop here for your reply if you see fit, but your point is received about negitivity.
Just_4_Fun
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Re: I am thinking of becoming a locksmith

Postby Squelchtone » 21 Dec 2015 9:09

Locking this thread for moderator review.

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