my business strategy is different components. This is something I apply to my company. Tannin is something I apply to my own photography career early on. Have a business strategy, build a solid outline and know how you're going to approach the marketplace. Because this is a creative work. Doesn't mean you can avoid the realistic fact that and I'm talking to people wanna make money. If you don't make money from it, that's fine, right? But even if you don't as a photographer who's making a hobby, it's good to understand this because this applies to any business, ultimately any independent business in many ways. You know, you wanna have a business plan, you want to know what your financial goals. Where do you want to be? Have something You're one is gonna be tough. You know, Billy Project could tell you now it's gonna be tough beyond that. The more you do it, the more you ever than the more you can project revenue. You know, when you're seven were able to project revenue very, very closel...
y, we could see our growth. We can anticipate growth. We know if we spend this much, we get this much back you will get there, but it takes time. But you need outline those financial goals and know where you want to be. Marketing and advertising. This is a business. Your photos aren't just photos or not just creative works. They're not. You're not the artist in the beret with the wind blowing through your hair and saying, Oh, look what I'm going to create marketing advertising. You are creating the widget. It is a It is your product. It is your boxed good. It is your product is your still image. You have one product. Do you have shots? They 100 shots, 100 products? How many products you really want to sell doing? Still, tens of thousands of products probably need to create tens of thousands of photos and put them across many different channels. You have to think of them as products as the infamous business school widget that you're gonna move out into the marketplace and these are the ways you're going to do it. Financial goals, marketing and advertising. You're gonna need a budget. I tell people when you think about starting a photography business, would you think of starting your own restaurant with no money. No, you couldn't do it. You shouldn't start your photography business with absolutely no money. The upside of Ataka fees. You can start it with very little simply by taking pictures and getting them out there. Let that sort of feed into itself. It's one of the best businesses to bootstrap. Because you can do that. You're going to need to make a commitment and spend some money to continue to making more If you want to really see it grow. Marketing and advertising is one of those places various revenue channels figure out where they're gonna be. Build your pillars. I'll talk more about that in the next card branding. Who are you? What are you? What do you about? What you want to be known as when you hear somebody like can introduce you. How do you want to be introduced? Right, So those are the things that you need to figure out, right? That's part of your branding. Their look Is there a feel? Their colors? Those are the kinds of things partnerships or is it more than you? Who do you partner with, You know, I mean, those are the kinds of things you think about two new client acquisitions? How is that gonna happen if you're out shooting? Who's acquiring new clients? Have you thought about that yet? Need to figure that out. Course budgeting. Not much more to say on that. No much You have how much you can spend and don't run out accounting kind of part of that. But are you going to your own? We're gonna incorporate you mean? L see. What you gonna dio? Figure that out. You need accounting. Legal help. Where do you get it? Industry participation. Are you planning to? That conference is how do you do that? How does one person you all of this? They can, I assure you can. There's not that much here, really? At the end of the day, But you have a plan on how you're gonna do it, and it gets that much easier. Write it down, and then growth plans. If you're actually successful, where are you going to go beyond this? Know your endgame? You know, I don't think you start this process by saying I'm only ever going to be one person, and I would be really satisfied making $ a year for my photography. Maybe you absolutely will. If that's where you are in your life, that's absolutely OK. But what happens when it takes off? What happens when a set of images goes viral? I know at least three photographers very, very well whose images were making no money a year that went on to make millions of dollars a year because their images were picked up in the media because they were so creative and so clever that they went overnight transformation. How did they grow? Didn't have a plan. Not all of them. Some did. Some didn't have a plan. Know how you're gonna grow? At least have some sort of agenda in the back. Your head. How that's gonna go. I can tell you somebody who's grown so much of the last seven years. You know, I I wish I had better idea of where I wanted to go and understood certain things better. Like the fact that you can't always hit pause. Sometimes hitting pause will actually cause you to go in reverse. You know the market will drive you forward. It's going to say what we want you to do more in the second you say, Well, I don't want to do another assignment. I want to take a month off. You might not get the call the following month and your revenue starts to go that direction that works just as well in an individual's it does on a corporate level.