Tuesday, June 05, 2012

TRUE VALUE


Ever have someone look at a project that you are stitching and say,  "Oh, that's so easy, I can do that!" or worse... "I'll give you $5 for it!"?  Frustrating, isn't it?

This is an interesting way to calculate how much your finished piece is worth (in monetary values only -- no one can calculate or put a price on your effort, dedication, and love).

Keep in mind: The *average* stitcher can make 150 stitches per hour (some are faster, some are slower).

**Height in stitches multiplied by width in stitches = total number of stitches.  Divide by 150. Take that total and multiply by minimum wage for total monetary value of your needle art.**

This is a sample calculation -- it will give you an idea of how much time and effort you have put into your project.

PROJECT:
250H by 250 = 62,500 Total Stitches.

At 150 stitches per hour, that's 417 total stitching hours.

At minimum wage per hour ($7.15) that's a total of $2981.55

Now add the cost of your fabric, floss, and needles. If you use specialty fibers... add that, too!

Now -- we all know that we are probably *NEVER* going to have anyone pay us that much money for these works of Needle Art.

But don't sell yourself, your efforts, or abilities short.

Your work has great value -- so do you!

Enjoy!

3 comments:

mdgtjulie said...

An interesting calculation. Mine would all be way up there. LOL, I've got five HAEDs on the go, and one Chat. All my projects are BAPs, lol. I'll have to do some calculation one of these days, just for giggles.

Barb said...

I had always heard that was the insurance value. But to sell it's anywheres from a penny to 10 cents a stitch plus the material, floss, and frame. A penny for quick easy pictures, a dime for large, confetti stitching pieces.

Jocelyn said...

I love the way you look at this! Darn right our stitching is worth it's weight in gold - or even more! :)