How do you start raising bees for honey?

Image by heather.morrison
At least, I think it’s a carpenter bee? Apparently they burrow and live largely solitary lives (outside of raising their own young). This one was building a nest in an old log in my mother’s backyard!

Question by Greywolf: How do you start raising bees for honey?
What do I need and what do I need to know?

What do you think? Answer below!