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Cranking out a new project making socks
I’m starting an handmade business making socks! Why socks? Read on…
I’ve been fascinated for a long time by the idea that a single machine can be an income stream and wanted to experiment more around this. I have many for my personal use, but the purchase of a 3D printer, a sewing machine or a laser cutter can be the start of a nice side business, or even something more.
These days, the number and variety of products you can plausibly build in your own home with is very impressive. I’ve not done the experiment yet, but I like looking at all the “commercial” machines available for a few thousands on AliExpress that can power a whole manufacturing operation. Who can saw no to their mini dumpling factory in the basement? 😛
eCommerce has also gone through the same kind of transformation. With minimal technical knowledge, one can turn a Shopify or WooCommerce shop into an operation that sells unique products worldwide and processing credit cards with ease.
Really, a physical product?
Physical products have more of a barrier to entry, which is good for you as a seller. If you can start a business in a weekend with only your phone, it’s generally going to be a more crowded market and somebody can also copy you in a weekend.