There are literally hundreds of ways in which you can use a drill press for your projects.
The benefits of using a DP over a regular drill for your projects are numerous, because of the design of it you can operate with a much greater level of precision.
And because of the depth stop functionality you can control the depth you want to drill to a much more precise degree than you could with any other tool. As well as this, for repeated drilling operations you will find a DP to be much more efficient than a normal drill.
So if you want to drill precise and accurate holes efficiently the drill press is absolutely the right tool for the job.
However aside from drilling holes you could also use it as a drum sander etc.
When you purchase a drill press you are in fact purchasing many tools in one package as it is a very versatile machine and some people even choose to rig them up to operate as a jig saw.
Before getting creative with how you use your drill press, make sure to familiarize yourself with all of its basic functionality first, so you can avoid injury or damaging the machine. As well as this it is also very important that you maintain and look after your machine so you can use it as many different tools for many different jobs, for years to come!