I’m going to try to answer your specific questions above but the first thing that comes to mind is this: Don’t underestimate the value of your own time. I think it’s great that you want to be very “hands-on” in getting these pieces made, but you may want to ask yourself where you want to go with this project; where you will get your greatest satisfaction from?
You could look at this as a personal project or even hobby, and gain a lot of personal satisfaction from creating something with your hands. This might be a great place to start, but if you’re ramping up in the skills required to bring your piece to realization, it might take longer than you’ve planned, don’t forget the value of your time! I can only assume that your time invested in this project will take away from your regular job and/or personal time. If you’re looking at this as a potential business, this must be “front of mind”: remember that the total costs you invest in this project (materials, hired labor, your labor, etc) must be less than your receipts, in sales, to make this a viable business endeavor. It sounds obvious but it’s easy to lose this focus if you involve yourself too deeply in the “making” side.
The other way to look at this is from a pure project management perspective: You have the concept and you are only concerned with getting this piece “realized”, and you will do so by subcontracting or hiring the most appropriate skills to efficiently do so. Your reward here is in making these pieces real by bringing them to market (and your challenges—and other inherent potential rewards—come from successfully communicating your vision and managing your “makers”)
Both approaches have their advantages and disadvantages. The “hobby” approach may be more fun, and you may feel you have more control of the final product, but this might come at the cost of larger start-up costs in terms of capital investment (tools, space needed) and your time. The “project management” approach may cost less up front, but this pure business approach may seem cold and less fun to some. Remember, too, that ultimate outcome or quality of the final product could be be better or worse in either approach, depending on how they are managed. Lastly, consider the idea of scalability. Let’s say your product goes gangbusters and you are required to fill a bunch of orders very quickly. Outsourcing your production with a product management approach may be poised to handle this better.
Ultimately, your approach could be a hybrid of the above two approaches, I just wanted to give you something to chew on.
And now to your questions…
What is fair to pay a craftsman?
Of course, this can vary widely upon the skill and experience of the craftsman. I think the key here is hiring someone who has the skills to sufficiently produce your piece, without it being beneath them or not worth their time (i.e., not hiring a Ferrari mechanic to change the tires on your ‘71 Nova). A good approach would be to get some quotes on the entire cost (time and materials) to have your piece made, and also to see some examples of the projects they’ve worked on (any self respecting fabricator/furniture maker will have a portfolio or photos of what they’ve done). That said, I’ve known the rates of “people who make things” (the term “craftsman” implies a high level of skill to me) ranging anywhere from $10/hour to over $100/hour, so you can see how this question is a bit hard to answer in hard terms. Again, though, steer away from “hourly” rates and try to get the overall price agreed upon.
Depending on the complexity of your piece, it may be worth your while to try to target a young, experienced, scenic carpenter or prop maker at the best theater in your city. Not all scenic carpenters may fit your bill in terms of their skills, but most are very skilled in working with a wide variety of materials and techniques that may meet the needs of your project. Ditto goes for scenic painters, who are familiar with a wide variety of finishes, if you need that. (Also of note: Theater typically employ smart, young, artistic folk who are painfully underpaid, there’s a great opportunity for a win/win here)
Should I get the pieces cut and build it myself?
In a previous life I was very good with my hands (That’s what she said!...be-dum-bump.) Seriously though, my experience here is that people often underestimate what it takes to get a project done (in terms of time and skill, but especially time…this even happens to those that are “experienced”!) I’m not trying to discourage you from doing some of the work yourself, I just think you should consider some of the scenarios I mention above before making this decision…
One last question you may want to consider—to help you frame your approach—is what are the specific investments you are willing to make, in terms of hard dollar amounts and personal hours, to get this done?
Sorry if I didn’t answer your questions as clearly (or tersely!) as you might have liked but I hope I’ve helped a little… GOOD LUCK ON YOUR PROJECT!!!