How can you make a living from lumber? You might ask this question in the spirit of the “make it and they will come” model of entrepreneurship. This doesn’t always work out, but it has proven useful for more than the lucky one who has an entrepreneurial spark and finds the “make it and they will come” model to work for them.
Woodworking can be profitable, but this doesn’t translate to an easy path to financial security. As with any business, you must find balance. The first step of business is finding a way to make more money without going bankrupt. Building a successful business means being patient and managing risk in order to earn the necessary capital. The more successful you are, the more you can invest in technology that will keep you ahead of the competition.
The next step is taking an active role in your community. For example, you might give $5 to the Red Cross or a local nonprofit that uses tree planting. You might build a woodworking shop where you can sell wood to local businesses or you might build a home or furniture workshop to earn enough money to pay back your debts. You can also take public transportation. The more people are on the road, the more it increases the chances of being seen and recognized, which might lead to a job offer soon thereafter. As one example which is relevant here, I’m traveling around the country and will post some tips about driving in a city (or on an island) as soon as I return.
As you can see, building a business means taking an active role in your community. If the business has value beyond its own existence, you will need to invest the time and resources into expanding it. If the business is not worth a great deal, however, it will have to close.
I’ll be the first to admit that the best businesses will have to be entrepreneurial. If your primary focus is to become successful in your chosen field, then the only way is through the business of your choice. You don’t have to spend decades in your primary field learning things and putting in effort to become more successful in it. When you can build a successful business with little or no resources, but strong work ethic and a good attitude, that is a huge advantage in many cases.
There are several books that discuss the process of building a successful business. One is Robert Allen’s The Secrets of Successful Business Owners. Another is the book “The Entrepreneurs Way,” by Paul Graham, which contains a great deal in terms of advice
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