no, it you examine carols pricing structure, seems sound.....a decent model to work with.
unfortunately, I dont think it will work in the woodworking world for 95% of the people who try to make custom stuff.
rounding off using carols method, your cabinet would fall in the 3000 dollar range.
Not happenning, not there, not here, maybe 1 in a hundred will get that price.
I feel as Ive felt for the past almost 6 years since I started with all of this, woodworking is a tough way to try to make a living.
as I dont believe the argument, well, Ill just make enough to support my hobby, eh.
Im sure with enough time and patience, some will turn over enough profit to earn a decent living.
I think commercial work, as in doing retail stores, offices, there, custom work will pay so much more, but ofcourse that is basically carpentry, not real furniture stuff or building custom things.