Some of the common ways to make additional income involve getting your hands dirty. Putting in the hard work with a personal touch, can really pay off. Many people enjoy having one-of-a-kind, hand-crafted goods and you could find your creative niche and make an income doing it. Here are some ideas to inspire you along the way.
One of the highest ticket categories for hand-made items is custom furniture. If you are handy with tools and you have an eye for design, this could be a way to make a significant amount of extra income. For example, artisan dining tables can sell for thousands of dollars. To be fair, the materials can also be expensive, so depending on the choices, the profit margins may be larger or smaller. Also consider larger items may limit you to local buyers, because shipping of large furniture pieces can be expensive. Another consideration with furniture crafting, is you may need to have a dedicates space for your builds as well as storage.
Some hand-made goods are smaller and can be more easily stored and shipped and still fetch a handsome sum. For example, art dolls can be quite pricey, but they are also labor intensive. Crafting forms and painting intricate features may take weeks of effort.
Jewelry is also something that can be created in a smaller work-space. The components are typically small and shipping costs are generally minimal as well. Like furniture, the investment of the materials and the sales price can greatly influence your margins. Precious metals and gems can be quite pricey, but there is a strong market for costume jewelry if you want to minimize your upfront costs.
Creating artwork for someone to display in their home can be a great source of income. Whether you are going abstract with globs of paint in vibrant colors, or you prefer true-to-life realism, custom art has an audience and a buyer. If you are new to painting, keep in mind your work may not demand as much as another artist’s who is using the same medium or materials. Price your works accordingly as you grow your skills.
We hope these ideas stir up the desire for you to get in there, get your hands dirty and make something!