WoodSkills Issue 02 - Page 8

Once you determine that your part-time business has grown to where you can survive from the income generated, give further thought to leaving your salaried job. People opt out of careers at some point in their lives to pursue their passion. I have done this and not regretted it. As a former hi-tech employee, I derive considerably more satisfaction today in my current furniture making business. Self-employment is very rewarding!

In the decision to go into business, you need to evaluate the financial impact of generating your own income vs. deriving employment income. This applies to being self-employed regardless of the business. Furniture making is rewarding since you are pursuing your passion of creating tangible products where output is measured in real, physical terms. A key quality of success when striking out on your own is to have confidence in yourself.

A high level of confidence will spur you on where skepticism is your enemy. It is necessary to minimize the fear and insecurity of starting your own furniture making business. Self-confidence provides you the energy to offset any setbacks in the startup phase. Initially, mistakes in starting up a furniture making business are made or should I say, errors are made that are interpreted as mistakes. These are not mistakes and can be instead chalked up to naivety and lack of experience.

I recommend following a small business course before beginning. Options include a workshop on starting a business or mentoring with existing business owners and drawing on their expertise. The business owners do not need to be woodworkers, but it would speed the process up if they are. Community colleges offer small business courses and several business courses are available online today.

Workshop, hand tools and workbench all come together to create an environment conducive to woodworking. A peaceful, serene area in

which we can unleash our creativity and develop hand to eye skills.

8