ENewman

This is a great post! I have to jump in with a few thoughts.

There's a big difference between woodworking as a hobby and woodworking as your career. If you're not willing or able to take on the full responsibilities of a business owner, then keep woodworking for the weekend.

Want some practical entrepreneurial advice? Here are a few things entrepreneurs (woodworkers or otherwise)must have:

1. Time Management: Make the most of every hour, cut out distractions (email, TV shows, internet) and focus.
2. Money Management: Spend only what you have to. Make do with the tools you have for as long as you can. Keep a tight clamp on your budget.
3. Salesmanship: No wallflowers allowed! You have to be able to sell yourself, your products, your ideas.
4. Financial Stability: If you have a day job, keep it. At least until your woodworking can support you.
5. Family: You must have the support of your spouse or family. What good is a successful business if you have strained your most valuable relationships?
6. Mentor: Seek out others who are doing what you want to do. Interview them and ask them tough questions. Even better if you can find someone who will keep you accountable for staying on course with your plan.
7. Network: Facebook, MySpace, forums, church friends, parents at your kid's school, everyone. Let people know what you are doing. Start a blog and write about your current project. Connect with those who could be customers.
8. Outsource: If you hate bookkeeping, find someone who can handle it (competently) for you. You want to spend your time doing the things you are passionate about. As your business grows, time will become your greatest commodity.
9. Breathe: Make time to be with family, exercise, get refreshed. This is not a race, it's just a business.

I am a hobby woodworker. I have worked as a full-time woodworker for a furniture maker. Now, I'm a career and entrepreneur coach, and following my passion.

Evan Newman