Some quick calculations will tell you that only a dozen accounts with retailers like this can generate a very comfortable life by making and selling wooden bowls. There was a time when toys made of wood were commonplace. These days in most markets, they have become a novelty. You just have to ask around to realize the premium, crazy prices being loaded by the stores for wooden toys for kids.
Then, set your price and stick to it. Before bidding online, check the site's operating rules. On some sites, a winning auction is an executory contract, which can be a problem if you can not inspect the tool before buying it. Do not forget the shipping costs. In some cases, they may exceed the cost of the tool. Also make sure that the tool you buy will work with the power you have in your shop.
People have seen my work and asked me, over the past 20 years, to build things for them. I liked doing it part-time, so in 2005, I "took my early retirement" to build furniture full time. Basically, I do what I like to do - and find out that people would pay me to do it. Not only do I like doing things, I like the challenge of satisfying the dreams of others. An incredible number of people have expressed fear or jealousy that I would be able to start a business.
Do not compromise on the materials you use. Use only the best. A baby crib is just one example in what a very popular woodworking category is baby and kids furniture. Parents often like to get special furniture for their children. Most of the time they need it, babies and children need tables, chairs, storage cabinets, beds and an assortment of other items. A wooden cradle is a classic carpentry product that is always high demand.
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