Starting a business specializing in portraiture

Started Jan 24, 2014 | Discussions thread
tcg550 Veteran Member • Posts: 7,438
Re: Definitions please

PenguinPhotoCo wrote:

I didn't read your reply because it was too complicated for a second grader.

Business isn't rocket science but does require more aptitude than just reading the funny papers.

If you find it boring and can't read it then you are likely not gonna be able to learn what it takes to succeed in business.

Accounting IS boring (IMO). Sweeping up the studio, cleaning lenses, doing backup - also BORING.

And yes, reading how to run a business is probably boring to most folks too.

But if you can't figure out how to account for your money, what your costs are, what to charge, profits, losses, etc then you are severely handicapped when it comes to managing a business.

It's YOUR money, YOUR business, YOUR investment, YOUR future. If you find that too difficult or too boring...well, keep your day job then.

You can of course hire a manager of some sort - but can you pay them? Not in the early stages for sure. And if you don't know a debit from a credit a manager may take you to the cleaners. How many artists, musicians, actors have had managers and ended up broke?

I know how to run a business. I wasn't asking for advice.

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