This is a great question and many people start with what they think they need to make wood work a good proposition. But it’s important to recognize your strengths and realize that you don’t have to build a house to do this. This isn’t an “ask but don’t get” type of question. Your goal should be to find something for which you are a good source of income.
A very good question by one of my clients came up the other day. “How can I save money?” I suggested that she begin writing a list of things she could do to save money, not from day to day, but instead over the year. The problem is that she wasn’t asking for money upfront. She was asking for an opportunity to cut down on expenses, rather than spend money on things that would add to her debt or reduce her life. How could she save more over the year if she didn’t ask for a specific dollar amount? She’s a professional photographer. So how could she save more than a few hundred dollars a year if she didn’t start by investing in things he could do for much less.
Her client asked, “Will I spend more money as a result of learning to make all these tools?” Her answer: “My client, I will not.”
In the end, if you’re starting out, you just want to make as much money as possible. I wouldn’t start any project on a small budget and hope to start making a lot by accident. If you just want to learn and make work to enjoy, have fun and do a good job, that’s all you need and so far, my clients with the least experience/experience of having any experience have generally done the best.
So how can I invest money without making a lot of money first?
First, find a good source of income, preferably something you’d like to do (like work in the craft) that you know how to do. It should be something that can give you enough income that you don’t feel too bad about asking for more. You can usually find online services that will assist you in starting up the business or provide guidance to help you establish a business.
I recommend a few:
I also recommend a few in-person seminars and workshops that provide advice on how to set up a business, start a business and/or raise capital without being in debt. For details, go here. The goal is to be able to spend a few years learning how to
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