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Is it ideal to invest in a Markforged Onyx printer ?

Discussion in 'General Business Forum' started by Leonore Johnson, Sep 17, 2020 at 5:47 AM.

  1. Leonore Johnson

    Leonore Johnson UKBF Newcomer Free Member

    14 1
    I’m planning to expand my business soon, and my financial adviser told me to buy a 3D printer from this shop offering a reasonable Markforged Onyx price to cover a lot more bases. But since I’m not that quite knowledgeable with such an equipment, and I want to know first if that would be an ideal purchase. Anyone? TIA.
     
    Posted: Sep 17, 2020 at 5:47 AM By: Leonore Johnson Member since: Oct 24, 2017
    #1
  2. fisicx

    fisicx It's Major Clanger! Staff Member

    33,307 9,850
    Is your financial advisor an expert on 3D printers?
     
    Posted: Sep 17, 2020 at 6:42 AM By: fisicx Member since: Sep 12, 2006
    #2
  3. Chris Ashdown

    Chris Ashdown UKBF Legend Free Member

    11,861 2,465
    The machine is a relatively high end 3d Printer, quite a good investment for some manufacturing companies

    To operate it properly you will need to either learn "Fusion 360" or similar software to make the designs for it to print

    There are many different 3D printers ranging from the hobby ones like the Ender 3 at £160 through to the metal ones that will print out a stainless steel part and in the middle resin printers often used for Jewelers etc to make high definition molds

    What would you be intending to use it for and do you have 3D cad experience
     
    Posted: Sep 17, 2020 at 8:48 AM By: Chris Ashdown Member since: Dec 7, 2003
    #3
  4. consultant

    consultant Your Business Community Staff Member

    5,664 797
    Do you think you should get an understanding of the 3D printing market before investing in this?
     
    Posted: Sep 17, 2020 at 9:18 AM By: consultant Member since: Jan 21, 2008
    #4
  5. ADW

    ADW UKBF Enthusiast Free Member

    1,262 203
    Unless you have specific knowledge on 3D printing and a targeted audience to make a return, I would not bother speaking to your Financial Advisor again. Would be a lot easier to lose money on a purchase like that unless you had a specific business plan to justify it.
     
    Posted: Sep 17, 2020 at 9:40 AM By: ADW Member since: Oct 25, 2007
    #5
  6. NickGrogan

    NickGrogan UKBF Ace Full Member

    2,515 598
    Sack your financial advisor today.

    If you're not knowledgeable about 3d printers, why would a high end one be any kind of investment?

    Does your financial advisor also advise/own the shop?
     
    Posted: Sep 17, 2020 at 11:17 AM By: NickGrogan Member since: Nov 15, 2012
    #6
  7. Mark T Jones

    Mark T Jones UKBF Big Shot Free Member

    4,802 1,815
    Invest in a proper financial advisor.
     
    Posted: Sep 17, 2020 at 11:54 AM By: Mark T Jones Member since: Nov 4, 2015
    #7
  8. billybob99

    billybob99 UKBF Regular Free Member

    1,733 554
    A top end pizza oven is a better investment.

    Not talking about this little buggers you put in the garden, talking the big boys toys.
     
    Posted: Sep 17, 2020 at 2:19 PM By: billybob99 Member since: Apr 23, 2013
    #8
  9. Alison Moore

    Alison Moore UKBF Enthusiast Full Member

    535 94
    It depends on what you want to 3D print and who you're going to sell the makes to. We have a 3D printer and I have to say, I'm very impressed with it. However we've done lots of mods to it, to get it to function the way we like.
     
    Posted: Sep 17, 2020 at 3:05 PM By: Alison Moore Member since: Aug 4, 2016
    #9
  10. Chris Ashdown

    Chris Ashdown UKBF Legend Free Member

    11,861 2,465
    The 3D printer just sits there as dumb as can be, it cannot do anything without a clever person designing a 3D design which tells it what to do. The design can be simple or incredibly complicated your local school kid can make the simple ones, the industrial needs quite a skilled person
     
    Posted: Sep 17, 2020 at 4:21 PM By: Chris Ashdown Member since: Dec 7, 2003
    #10
  11. fisicx

    fisicx It's Major Clanger! Staff Member

    33,307 9,850
    A look at @Leonore Johnson’s profile reveals she has made a number of posts asking about different businesses. One suspects the posts would include a link if she had reached 30 posts. Alas, her sad attempts at SEO have failed miserably.
     
    Posted: Sep 17, 2020 at 4:27 PM By: fisicx Member since: Sep 12, 2006
    #11
  12. MikeJ

    MikeJ UKBF Big Shot Free Member

    5,837 1,721
    Fascinating

    15 posts over three years. All thread starters, never replied to any threads including her own. Each thread on a completely different topic. Clearly a stock image used as an image. This is one hell of a long game.
     
    Posted: Sep 17, 2020 at 8:30 PM By: MikeJ Member since: Jan 15, 2008
    #12
  13. simon field

    simon field UKBF Big Shot Full Member - Verified Business

    4,753 1,747
    Only another three years to wait for the link!
     
    Posted: Sep 17, 2020 at 10:37 PM By: simon field Member since: Feb 4, 2011
    #13
  14. paulears

    paulears UKBF Big Shot Full Member

    4,468 1,176
    One of my ex-students came to work for me for a short term 3 month contract. While with us he built from a kit, a 3D printer. Drove us mad. All cog wheels, wood, drive belts and electronics. Two years later he is in California with staff and a factory. Doing really well until the market suddenly bursts and he goes bust. Still there doing other things, but 3D printing is now making money for clever programmers, not machines. Anyone can buy them, few can make them do the right things.
     
    Posted: Sep 18, 2020 at 7:05 AM By: paulears Member since: Jan 7, 2015
    #14