Yes, working with wood is very profitable if you are an expert, you know your worth and have a plan for how and where to sell your carpentry products. While many people see it as a hobby or a great way to spend time, you can turn your carpentry skills into a reliable source of income. We have found that the best way to start marketing your carpentry projects is to start locally. Build a basic picnic table or rustic sign for yourself and post it to Facebook or craigslist.
Another good way to earn money with your skills is to teach it to others. You can choose to create a class or have people pay for personal instruction. Many people and companies do this as a means of living. However, getting into it is not easy to earn money, and you'll have better luck if you start it as a hobby.
Another option to consider for earning money in carpentry is to make only small wooden products. While you're likely to make more money manufacturing and selling larger wood products, such as furniture, there are some advantages to selling only small products. Finding items in your woodworking niche is a great way to generate consistent and recurring sales to help you achieve your goal of making money working with wood. Some things you'll want to include in your business plan are your goals, the types of woodworking products to sell, prices, marketing methods, and more.
Derek grew up working wood in his father's shop and has since started a successful carpentry business on Etsy. But since this hobby may require expensive tools and materials to get started, you need to have a business plan to start earning as much money as possible as a carpenter. You need a plan in the future if you want to be successful by making money from carpentry projects that sell. If you've just started woodworking or if carpentry is currently a hobby that you work on from time to time, it's important to be realistic about your current skills.
You may just be looking to get your feet wet in the woodworking business, but understand that it takes at least a little plan to start the right way.