Yes, you love woodworking. In fact, you love it so much you happily do it for free.
But that doesn’t mean you can’t make money from your hobby. In fact, who doesn’t want to make money doing something they enjoy?
The question is “How?” What do you do? Where do you start?
Well here are some tips that will help you profit from your woodworking hobby.
Choose Your Specialty
When choosing a specialty, consider these three questions.
1. What type of woodworking am I good at?
2. Which woodworking projects do I enjoy most?
3. What will people actually pay for?
If you enjoy home improvement projects, plenty of people will pay you to build and install custom cabinets in their kitchens or bathrooms. Or you can offer repair services, fixing everything from prized family keepsakes to broken stair railings.
You can also make money selling handcrafted wooden products. You can specialize in large furniture pieces, like baby cribs, dining room tables, and armoires. Or you can create and sell smaller items, like bird houses, gift boxes, and walking canes.
Spread the Word
You can’t make money from your woodworking hobby if nobody knows about your goods and services. So spread the word.
Tell your friends, family members, co-workers, and acquaintances about your business.
Place ads in local newspapers and magazines.
Hang flyers wherever it’s allowed. For example, if you build custom-made outdoor furniture, you could place some of your flyers at local garden center.
The more people you tell about your goods and services, the more money you’ll make from your woodworking hobby.
Use the Web
When some people want to find something, the Internet is the first place they look. So a website is a great way for your side business to get discovered by potential clients and customers.
You can set up a new website for less than $20. After that, webhosting might cost as little as $5 or $10 a month.
If you don’t want to build your own website, you can use an online marketplace, like Etsy.com, to sell your wares.
Go to Trade Shows and Craft Fairs
These events are often packed with people interested in the kinds of goods and services you have to offer.
Before you attend your first craft fair or trade show, get some business cards made up. You can get a few hundred business cards cheap, or even for free. On your business cards, include your name, email address, website address (if you have a website), and the good and services you’re offering.
You should also take your portfolio with you.
Create a Portfolio
They say a picture is worth a thousand words. While telling potential customers about your work can’t hurt, it’s better if you can actually show them what you can do.
A portfolio is simply a book filled with pictures of your best completed woodworking projects. And, once you have one, you should take it with you everywhere. After all, you never know when it might come in handy.
Right now, making money from your hobby might seem like a pipe dream. But follow these tips and, before long, you’ll be able to turn your woodworking skills into a profitable side business.