HOW TO MAKE MONEY WOODWORKING / 8 KEY STEPS TO STARTING YOUR ONLINE BUSINESS (PART 1)
HOW TO MAKE MONEY WOODWORKING / 8 KEY STEPS TO STARTING YOUR ONLINE BUSINESS (PART 1)
Ever wanted your own woodworking business? Or just want to do it as a side hustle to bring in some extra cash? Regardless of your end goal, we all have to start at the beginning. Creating a woodworking business plan and learning just how to create projects that sell.
In this two-part video, I’m going to go over 8 key aspects of starting your online business all the way from planning to shipping. In my next video, I’ll be covering my top 5 woodworking side hustles. I’m going to show you how you can literally make thousands of dollars on your day off with woodworking.
Etsy Shop: https://tidd.ly/3DzEa0f
Help support the page and community!
https://www.patreon.com/MatthewPeechwoodworking
Check out my Amazon Page for links to all the tools you see throughout my shop!
https://www.amazon.com/shop/handy.man99
TOOLS I USE (Affiliate links help to sponsor the content)
DEWALT Compound Miter Saw- https://amzn.to/3fqkIWX
Kreg Tool Concealed Hinge Jig , Blue https://amzn.to/3GBLzLG
IRWIN QUICK-GRIP Clamps, Mini Bar, 6-Inch, 4-Pack https://amzn.to/3A2hXEM
CRAFTSMAN Compressor Combo Kit, 6 Gallon, Pancake https://amzn.to/3ft5hgK
Titebond II Premium Wood Glue, 16-Ounces
https://amzn.to/322vmAd
DEWALT 20V Max Cordless Drill Combo Kit, 2-Tool Drill Driver/Impact Combo Kit
https://amzn.to/3Kh5OAE
Kreg Pocket-Hole Jig 720 PRO, Blue
https://amzn.to/3trFHkt
Kreg Pocket-Hole Jig 520PRO
https://amzn.to/3A0DOMK
Kreg Automaxx Right Angle Clamp
https://amzn.to/3Iezs7T
Kreg Adaptive Cutting System Project Table Kit https://amzn.to/3Kikrn2
KREG Plunge Saw https://amzn.to/33hDbmi
Adaptive Cutting System 62″ Guide Track
https://amzn.to/3A0ETnM
Kreg SK03 Pocket-Hole Screw Kit in 5 Sizes
https://amzn.to/3ntSKy9
KREG Shelf Pin Drilling Jig 8 in.
https://amzn.to/3nt0LTG
IRWIN Tools Record Parallel Jaw Box Clamp, 24-inch https://amzn.to/3nuaBVy
IRWIN Clamp, Parallel Jaw Box, 48-Inch
https://amzn.to/3qtDm6H
Woodpeckers Delve Square
https://amzn.to/3FuzYg3
Woodpeckers Precision Woodworking Tools 1281R Woodworking Square Imperial
https://amzn.to/3ttPXZk
DEWALT FLEXVOLT ADVANTAGE 20V MAX Angle Grinder https://amzn.to/3qrZb6x
DEWALT 20V MAX* XR Oscillating Tool Kit
https://amzn.to/325yafY
Dewalt 20V Cordless Circular Saw
https://amzn.to/3rkSYZw
Rockler 2.5” Dust Gate for Dust Collector
https://amzn.to/3nQycQD
Graco Ultra Cordless Airless Handheld Paint Sprayer
https://amzn.to/3KhtPr0
GemRed Mini Digital Level Angle Gauge Angle Finder Protractor Inclinometer Magnet
https://amzn.to/3Ibz9dE
GemRed Digital Angle Finder Protractor
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Grizzly Industrial Jointer with Cabinet Stand
https://amzn.to/3rph990
DEWALT Thickness Planer
https://amzn.to/3I9ODz6
WEN Belt and 6 in. Disc Sander
https://amzn.to/3quyxd7
DEWALT Random Orbit Sander
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DEWALT 20V MAX* Random Orbit Sander
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Listen to Matthew! The money is made on the smalls, and duplication.
I’ve done a large church & library, law offices, a bank, courtroom, stunning electric, & acoustic guitars, a lot of high-end furniture, and countless kitchens. I made decent money, but do you want to wrestle a 48” pantry, or sell cutting boards? Keep it small, light-weight, and duplicatable. Please stay away from guitars. An old luthier told me I was among the few successful guitar makers because I was making $8/hr. In contrast I made an entry bench. It just took minutes, and thirty years ago I sold it for $30. Today it may go for $95.
As far as 4×4’s and making coasters, don’t you want to make sure they are untreated before you use them for an indoor purpose?
Thank you so much not only for your instructional videos, but for the inspiration they bring a well.
You are awesome, my favorite youtube woodworker, you are an inspiration and i’m starting my business in South Africa
I watch all of your videos I have learned so much from watching you. I make a lot of different things out of wood but I have a really hard time selling them I’ve tried marketplace and I still haven’t had any luck selling things is there any information you can give me on how to sell my items
Are your Bigger tools 110 or 220?? Like the jointer and bandsaw?
Free lumber at LOWES. Fence picket strips separating bundles of fence pickets. (In Tomball)
Matthew, I would like to challenge you to invite builders of your ideas to submit how much money they have made from your plans. Set a length of time and go for it. Of course, it has to be scouts honor. And you may want to disguise their identities. There are many YouTube woodworkers claiming to make thousands but there is no way to know what is true and what is flimflam. Thanks.
I’m a designer decorator for lodges, resorts, cabins things like that your builds have kept my budget intact and given me great joy and satisfaction to see things that I make beautify a place for many to enjoy
Please only let the positive content sink in
Those of us who appreciate what you do, and are grateful that your real audience
What kind of Polyurethane did you use for your coasters?
I have been hooked on your videos today and have really enjoyed watching and learning. I love the capability of a CNC machine but I love being hands on even more.
BTW I love your videos.
Awesome info! Thanks bud!!
Love these videos. Totally within reach.
How do you handle delivering your products and what sort of prices do you charge if you deliver
I find it interesting that you mention not needing every power tool to get started. I started with a circular saw, a jigsaw, a drill, and a couple of saw horses and clamps all of which had been given to me over the years. Over the years I added to my power collection by buying used or being given to me. A few years ago, I bought a compressor and brad nailer from Harbor Freight, that’s still working fine and for Christmas several years ago, I gifted myself a new table saw. I’ve been building my tool collection for about 20 years and working on things for my home but only been selling my stuff in the last year. Lol
All the tools I buy and yes I buy too many but we use for working around the house fixing things and doing things and also going to fix my garage up or my shop so I also look at those things thanks my husband can use and what he does and things I can use what I do sometimes it pays to buy a few tools that’s my opinion but thank you for your opinion I respect it very much
How do you prep your fence posts for those projects?
56yo this year and I’ve been self employed 35 of those years. I recently retired from my 2nd business of 22 years doing residential tree service. I’ve been floundering trying to find something to do. This past year i had to remodel my entire living room from the ground up literally! My wife had bought me a table saw and compound miter saw right before starting the project as a Christmas present. I then had to buy a few other things "toys " to aid in the process. I came across these videos by chance and the light came on!!! I made the snow flake 2 days ago out of some scrap i had laying around and everyone loved it. Today I went and bought a brad nailer for $30, 4 pickets and a few other items total cost of around $120 came home and made the hexagon box’s. I showed my next-door neighbor my projects and after an hour I had my first 3 orders, which paid for everything I had spent. The nailer is a must have for sure. Anyways I’m all in. I have the tools, i have the motivation, I get to stay independent and most importantly working with my hands.
I can get as many pallets as I want being there is a furniture store just a couple blocks away and im also going to talk with the owners about consignment as well. Basically they are paying me to take their trash! Trash to cash 💸 .
Many thanks for the inspiration 🙏
Great advice Matt! Thank you!