How to Make 6 Figures As A Carpenter? ( Best Ways in 2024)
So you want to make six figures as a carpenter? Good for you! Being a carpenter is a highly respectable and well-paid profession, and there's no reason why you can't earn a high income if you put your mind to it.
In this blog post, we'll look at some of the best ways to make more money as a carpenter - business ideas you can start to achieve such income. Keep reading to learn more!
1. Start a blog ($44.9K/month)
Starting a blog as a carpenter could significantly supplement your income and pave the way to making six figures. By sharing detailed woodworking projects, offering tips, and showcasing your craftsmanship, you could attract a broad audience, given that 77% of internet users read blogs.
Blogging is not just an additional income stream but a location-independent business, giving you the flexibility to write and share your experiences at any time. With a consistent posting routine and an engaged mailing list, you could monetize your blog through ads, sponsored posts, and even selling custom woodworking plans or products.
Many people find blogs a trustworthy source of information, and with approximately 409 million people viewing more than 20 billion pages each month, your blog has the potential to reach a vast audience eager to learn from your expertise.
How much you can make: $100 — $650,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 30 days (?)
Time commitment per week: Min. 5 hours/week
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
2. Start a youtube channel ($146K/month)
Starting a YouTube channel could be a game-changer for supplementing your income as a carpenter. By sharing your carpentry skills, DIY projects, and trade secrets, you could attract a large audience and potentially join the YouTube Partner Program, provided you reach the required 1,000 subscribers and 4,000 watch hours in the previous 12 months.
With a successful channel, you could earn revenue through ad income, sponsored content, and even selling your own products or services. Additionally, offering valuable and engaging content could establish you as an expert in the field, opening up new opportunities for client work and collaborations. By harnessing the power of YouTube, you could not only increase your income but also create a platform for long-term business growth.
How much you can make: $800 — $1,000,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 5 hours/week
Learn how this entrepreneurial couple made $5-7k a month by helping others find legitimate work from home jobs and creative ways to make money online through their blog and YouTube channel, as well as offering two flagship products designed to help beginner freelancers and new bloggers accelerate growth.
3. Start a podcast ($97.9K/month)
Starting a podcast could be an innovative way for you to supplement your income as a carpenter. By sharing your expertise, project experiences, and industry tips, you could attract a sizable audience interested in learning more about carpentry. This could open up opportunities to earn from sponsors and advertisers who are targeting the same audience.
As your podcast grows, you could also promote your own carpentry services and products, potentially driving more business your way. Additionally, you could monetize your podcast through exclusive content, paid subscriptions, or even online courses. All these streams could help boost your earnings and steer you towards making six figures in your career.
How much you can make: $400 — $1,020,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 2 hours/week
A successful podcast production company that grew from one client making $15/hour to a team of 10 contractors producing over 30 shows per week with revenue of over $10k/mo, primarily through referrals and with a focus on providing high personal touch and being picky about working only with clients who are a good fit.
4. Start an ecommerce store ($287K/month)
Starting an eCommerce store could be a significant opportunity for a carpenter to supplement their income and potentially reach the six-figure milestone. With lower overhead costs compared to a traditional brick-and-mortar shop, you could sell custom furniture, handcrafted wood items, or even carpentry tools and materials. The flexibility and reach of an online store allow you to attract a broader audience, tapping into markets well beyond your local area.
Consumers value the convenience of shopping online, making it easier for you to connect with customers who prefer to browse and purchase products from their homes. By setting up a professional website, utilizing payment processing software, and managing inventory efficiently, you could offer a seamless shopping experience that drives repeat business and referrals. This entrepreneurial venture could not only boost your income but also establish your brand as a go-to source for quality carpentry products.
How much you can make: $350 — $13,500,000/month
How long does it take to build: 120 days (?)
Time commitment per week: Min. 5 hours/week
Southern Elegance Candle Company, founded by D'Shawn Russell, started as a side hustle making around $200 per weekend at a local Farmers Market, but now averages approximately $20,000 per month in sales across their retail site, wholesale site, and Faire.
5. Digital products ($242K/month)
As a carpenter, you could capitalize on the growing trend of digital products to create additional income streams and potentially reach a six-figure salary. By leveraging your expertise, you could develop and sell carpentry-related eBooks, online courses, or even specialized software tools that cater to both budding and experienced carpenters.
Digital products are especially appealing because they are straightforward to create and share. You don't have to worry about physical inventory or logistical challenges; instead, you can focus on providing valuable, accessible content directly from your website. Whether it's step-by-step guides, video tutorials, or membership-based communities, the opportunities to monetize your knowledge are virtually endless.
How much you can make: $10,417 — $1,766,666/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 60 days (?)
FilterGrade is an eCommerce platform offering digital assets such as photo filters and video templates; attracting over 450,000 monthly users and generating approximately 30k a month, the founders worked hard to build a valuable marketplace for creators while focusing on digital marketing, partnerships, and content creation.
6. Create an online course ($82.8K/month)
Creating an online course could provide you with a substantial boost to your income by leveraging your carpentry skills and sharing your expertise with a broader audience. By identifying educational gaps and developing engaging video lessons and supplementary materials, you could attract students eager to learn about carpentry's niche techniques and practical applications.
This entrepreneurial endeavor offers you the flexibility to design self-paced or cohort-based courses, allowing a steady stream of passive income as your student base grows. With minimal startup costs, launching an online course platform is an efficient way to monetize your instructional talents and cater to lifelong learners searching for convenient, high-quality education.
How much you can make: $275 — $1,000,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 88 days (?)
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
7. Start a career coaching business ($48.5K/month)
Starting a career coaching business could be an excellent way to supplement your income and edge closer to making six figures as a carpenter. By leveraging your industry experience, you could offer specialized guidance to aspiring carpenters, helping them navigate professional transitions and growth opportunities.
As a career coach, you could design custom sessions for resume building, interview prep, and workplace advancement tailored specifically for tradespeople. With the flexibility of in-person or virtual meetings, you'll be able to build a diverse client base while monetizing your natural motivational skills and setting your own schedule.
By empowering others through specialized advice and accountability, you not only boost your own earnings but also contribute to the growth and success of the carpentry community at large.
How much you can make: $1,000 — $235,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 60 days (?)
Wall Street Oasis, the largest online community focused on careers in finance, has over 100 million visitors during its 14-year history and is currently receiving over 2 million visits per month, offering interview courses and mentorship services, in addition to building and investing in a thriving online community.
8. Become a social media influencer ($57.4K/month)
As a carpenter, leveraging social media to become an influencer could open up lucrative opportunities that might help you reach a six-figure income. By sharing your expertise through platforms like Instagram, YouTube, Facebook, and TikTok, you could attract a loyal audience interested in carpentry tips, DIY projects, tool reviews, and custom furniture designs.
Brands are constantly seeking credible influencers to promote their products, and with a substantial following, you could land sponsorship deals, endorsements, and partnerships. Additionally, you could monetize your content through ads, paid subscriptions, and selling digital products like e-books or online courses on woodworking. By strategically marketing your skills and engaging with your audience, you could significantly supplement your income and potentially transition to running a successful social media-driven business.
How much you can make: $2,500 — $166,666/month
How much does it cost to start: $800 (?)
How long does it take to build: 155 days (?)
How one mother built a profitable frugal motherhood, life, and travel blog from scratch, using Instagram, Pinterest, and paid sponsorships to grow from 0 to 18.5K followers and generate $1,500-$3,000 per month in less than two years.
9. Start a freelance writing business ($62.6K/month)
Starting a freelance writing business could significantly supplement your income and help you reach six figures as a carpenter. With the flexibility of freelance writing, you could define your work schedule around your carpentry projects, allowing you to work from home and earn extra money by writing articles, blog posts, or even e-books about carpentry and home improvement.
As a freelance writer, you could utilize your strong writing skills to share your expertise and insights about the carpentry industry, helping others while also making money. By meeting deadlines and staying updated with current writing tools and trends, you could establish yourself as a reliable and knowledgeable writer in niches related to your primary trade. Getting started requires being a self-starter with good communication skills, but the additional income from writing could be a substantial boost to your overall earnings.
How much you can make: $700 — $500,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 56 days (?)
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
10. Start a social media marketing agency ($386K/month)
Starting a social media marketing agency could be a lucrative side business for you as a carpenter. By leveraging your carpentry experience, you could create compelling content and craft effective marketing strategies tailored to home improvement and construction businesses. This dual expertise would set you apart in the marketing field while generating an additional income stream.
The most remarkable aspect is that this venture does not require extensive time commitments. Utilizing social media marketing tools, you could automate many processes and serve multiple clients efficiently. With a solid marketing strategy and a well-constructed agency portfolio, you could easily attract customers, helping you clear your utility bills, finance education, or save for that much-deserved vacation.
How much you can make: $1,000 — $4,166,667/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 75 days (?)
Time commitment per week: Min. 30 hours/week
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
11. Become an affiliate marketer ($55.3K/month)
As a carpenter, you could supplement your income and potentially reach six figures by starting an affiliate marketing business. By promoting products and services related to your field, such as woodworking tools, supplies, or even online courses, you could earn commissions for every sale made through your unique referral links.
Since affiliate marketing requires minimal upfront investment, it's an accessible and low-risk venture that leverages your existing knowledge and experience. You could use platforms like social media, a blog, or a YouTube channel to share your expertise and drive traffic to the products you recommend.
Over time, as your audience grows, so could your affiliate income, offering a viable pathway to significantly boost your earnings.
How much you can make: $18,000 — $83,000/month
How much does it cost to start: $100 (?)
How long does it take to build: 150 days (?)
This case study explores how Spencer Mecham founded Buildapreneur, an affiliate marketing business, and has made over half a million dollars in profit with no employees, relying solely on content marketing through platforms like Facebook, YouTube, and TikTok.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
