18 Tips For Starting A Successful Woodworking Business (2024)

Updated: January 19th, 2023
Start A Woodworking Business

Want to start your own woodworking business? Here are some tips you should know:

Learn more about starting a woodworking business:

Where to start?

-> How to start a woodworking business?
-> How much does it cost to start a woodworking business?
-> Pros and cons of a woodworking business

Need inspiration?

-> Other woodworking business success stories
-> Examples of established woodworking business
-> Marketing ideas for a woodworking business
-> Woodworking business slogans
-> Woodworking business names
-> Woodworking business Instagram bios
-> Woodworking business Instagram captions

Other resources

-> Blog post ideas for a woodworking business
-> Woodworking business manufacturers

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a woodworking business:

#1: Sasha Weekes, founder of Timber Grove Studios:

We chatted with with Sasha, founder of Timber Grove Studios ($6.5K/month). In our interview, Sasha says:

Don’t try to do everything at once. Figure out what your strengths are and how to grow your business around them.

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#2: Steve Smith, founder of 2Puggles:

We chatted with with Steve, founder of 2Puggles ($2.5K/month). In our interview, Steve says:

The best advice I can give to a brand new entrepreneur is to give yourself time to learn. But learn by running the business. Don’t be afraid to start. Don’t be afraid to suck. Do it to the best of your abilities…your best will be better every day if you let it!

Additionally:

Good things will happen…and bad things are going to happen…but the more you stay with it the good will outweigh the bad.

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#3: Steve Smith, founder of 2Puggles:

We chatted with with Steve, founder of 2Puggles ($2.5K/month). In our interview, Steve says:

There are as many ways to be successful in an art-based business as there are art mediums but if it is not done purposefully it will probably have the staying power to be successful.

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#4: Steve Smith, founder of 2Puggles:

We chatted with with Steve, founder of 2Puggles ($2.5K/month). In our interview, Steve says:

Include gaining knowledge in your metrics. Look at failures and moments where knowledge is gained as revenue to fuel your efforts going forward.

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#5: Jared Waters, founder of Mini Materials:

We chatted with with Jared, founder of Mini Materials ($20K/month). In our interview, Jared says:

Find out what matters most to you and create a path that allows you to make the money or satisfaction you need to enjoy the life you want.

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#6: Jared Waters, founder of Mini Materials:

We chatted with with Jared, founder of Mini Materials ($20K/month). In our interview, Jared says:

Nothing happens overnight. It's coming up on year three of Mini Materials and I'm only now feeling like things are going really well.

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#7: Brett Burdick, founder of Brex International, LLC:

We chatted with with Brett, founder of Brex International, LLC ($18K/month). In our interview, Brett says:

Originally, I imagined the majority of my sales would happen from my website and that I’d be busy shipping them myself. Within a week of going live, I also created an Amazon seller account which is where 87% of my sales are currently happening.

Additionally:

Pay attention to cash flow. If sales are good, it might be easy to get a little cocky and start spending a little too freely. Keep in mind that you might have a production run coming up and hopefully a new product that will require a large upfront investment.

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#8: Andrew Stokes - Cameron Vilcsak, founder of MTN SIDE BUILDERS:

We chatted with with Andrew, founder of MTN SIDE BUILDERS ($40K/month). In our interview, Andrew says:

With a little luck, and a lot of gaming the YouTube algorithm, I was able to experience the viral effects of the internet. It has now been seen by over 25m people through my channel and other media networks.

Additionally:

Try hundreds of things to help accelerate your business in a big way not wasting time on directions that seem futile. One of these things, and usually multiple, will work.

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#9: Jared Waters, founder of Mini Materials:

We chatted with with Jared, founder of Mini Materials ($20K/month). In our interview, Jared says:

Our greatest strength is product development. We have a new product developed in as short as two days.

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#10: Jared Waters, founder of Mini Materials:

We chatted with with Jared, founder of Mini Materials ($20K/month). In our interview, Jared says:

Be creative, be strategic, be different. I read a lot of start-up stories and those 3 criteria are usually pretty evident.

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#11: Andrew Stokes - Cameron Vilcsak, founder of MTN SIDE BUILDERS:

We chatted with with Andrew, founder of MTN SIDE BUILDERS ($40K/month). In our interview, Andrew says:

If you are struggling, the added competition of one other person in your field is the least of your worries. Build each other up, work together when necessary.

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#12: Andrew Stokes - Cameron Vilcsak, founder of MTN SIDE BUILDERS:

We chatted with with Andrew, founder of MTN SIDE BUILDERS ($40K/month). In our interview, Andrew says:

Foster something you enjoy and watch it grow over time.

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#13: Jared Waters, founder of Mini Materials:

We chatted with with Jared, founder of Mini Materials ($20K/month). In our interview, Jared says:

Put more effort towards those and less effort towards the rest.

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#14: Sasha Weekes, founder of Timber Grove Studios:

We chatted with with Sasha, founder of Timber Grove Studios ($6.5K/month). In our interview, Sasha says:

I honestly had a really tough time with shipping. I had no clue what I was doing with packaging and many of my first international shipments arrived broken. I went above and beyond with customer service during these first few orders and refunded everything, apologized profusely, and somehow came out with no bad reviews.

Additionally:

Etsy is a really great way to start a business because it’s essentially free until you start selling. It cost nothing to launch besides my 20 cent listing fees.

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