Keep in mind that the type of quotes required by your command line may vary.

In your db.js, export the init function. There are many ways, but for example:

module.exports.init = function () {
  console.log('hi');
};

Then call it like this, assuming your db.js is in the same directory as your command prompt:

node -e 'require("./db").init()'

To other readers, the OP’s init function could have been called anything, it is not important, it is just the specific name used in the question.