budgeting. Um, you got to do it right. And I'm gonna just sum up this stuff. But these are all things. You got to figure out where you stand and where they fit in your business. I already talked about cost of starting a business. You wouldn't start a restaurant with no money. You probably have to spend some money, get your photography off the ground. You want to get an emotion, it's gonna cost you even more. You wanna have accounting? I recommend outsourcing it. Unless you're lucky enough to be really great with numbers. And that's your thing. But otherwise I would say having accountant doesn't cost all that much. Even for us is a big company is not terribly expensive to have our books done every month. So I would look into it. Um, I recommend incorporating, you know, become a C Corp s Corp LLC. Whatever you want to be LLP figured out. Talk to accountancy. What's best for you. It'll protect you. Liability wise. You don't want to put everything on the line. I recommend that for anybody ...
who is self employed, you should not be doing it as your solo person in your name. get protection, incorporate long you're making money. I think it makes sense any money at all, even if you're not the 1st 2 years. Still probably worth it. Incorporating be better for your taxes, make sure getting them done. And there's implications if you incorporate for your taxes. So you have to understand that. But it's not that terribly complicated. Probably a business license if you're self employed and you figured that out your local community, find out what there is. I live in Los Angeles, and with in Los Angeles, I I work in Culver City. I've got more taxes and more permits, and I know what to do with, Um, it's very, very intimidating, but I got there. I used to be really afraid of starting a business just because of the following regulations and liabilities and all that other stuff. I one step at a time to do your best. Most cities are really cool, by the way, including Ella and Culver City's been great to walk into City Hall. I'm starting a company I don't know to do. They will tell you you walk from step to step literally in their office and you work through the permit process. If we can do it in a big city, you can do it just about anywhere. Marketing and advertising. Once you build your business, you have your Web, say, every philosophy, your brand, your name. You have all these pieces. You have a portfolio, your motion clips, your samples, all that stuff, how you're gonna get it out there. Beyond pitching. I like direct sales. We do them every day. A tandem. Kendall's making phone calls. She's outselling, finding new clients, looking at new magazines. I'm sending them, but there's other ways to do it. You might think about AdWords and social media ads, maybe sponsored ads. Maybe every now and then you put a couple 100 bucks in response, her dad figure out. If that fits your budget or not, that's the difference. Being paid versus earned marketing earned being like PR right free stuff. I'm doing something really cool that your audience to hear about right about me that's earned paid conferences and professional organizations. They fit in. It could take you out of the field. It's gonna cost you money. Don't just be there to be there. I don't go to some because they're a waste of time. I'm preaching to the choir and more people like me. I don't need that. You know which conferences and organizations I go toe? I go to the ones for the outdoor industry that about shoes and jackets. I don't go to the ones that are four photographers all that much because I'm there with a bunch of other photographers. They're not buying my photos. I hope you guys by my father. I'm just kidding. So you want to figure out how you can you break out of that? You're gonna do it? They're very expensive. Do you want in office? This is tandem. I wanted to get a little plug for a cool little spot. Very proud of this. I never thought I'd have an office one day. And I guarantee you might not think you're gonna have an office one day either. It's our editing room. A conference room, kitchen, front office, so on. But you might have 11 day. You should figure out if that fits in your plan. Think about it. What does it get you? How does it move things forward? You want people working for you to want one person working for you running and selling your work while you're out in the field. How does that fit in? How much money do you need to make our they full time or not? You need to figure that kind of stuff out. Ask yourself where you're going with this. That's the business of this. There is a business to it, if that's what you choose to do, doesn't have to be. But if you decide you want to start doing more with it and like I say at the very least you know accounting, branding, name and all that other stuff. Let your gear get paid for by your photos. Be part of stocky part of motion clips, see where it goes. If you enjoy it, you never know. For me, I started as a photographer on a mountain alone, with one camera and a few lenses and a tripod, and not all the best gear not at all. And it just kept going and it still keeps going. But that's what drives me. That's what I enjoy and you forgot where you are. So, um, less in summer and make sure you diversify. Have a strategy just like your photos When you're in the field, be adapted open to adapting as you go. Adaptability is success, right? As Darwin says, stock assignments, retail products find are all great channels from outdoor photographer. Right. Think that they're all awesome branding best if you stick with your name unless you plan to extend beyond yourself as an individual. Of course. Maybe you want to have, ah, bigger company name one day that better represents. The whole partnerships are critical. I think they're important. I think you got to be strategic. You don't want to spend too much time on it, but I think they can really help you get out there. And of course, it is a real business. You need budgets, legal and accounting if you're gonna be making money off of it. Um, and maybe you want an office one day, so don't rule it necessarily out