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Microstock Photography Forum - General => General Photography Discussion => Topic started by: leaf on April 29, 2013, 07:13

Title: Building Wealth as a Photographer
Post by: leaf on April 29, 2013, 07:13

Here is a good article on fstoppers about making wise business decisions as a photographer.  yes, they are down on microstock but in general it is pretty sounds business advice IMO
http://fstoppers.com/building-wealth-as-a-photographer (http://fstoppers.com/building-wealth-as-a-photographer)

Title: Re: Building Wealth as a Photographer
Post by: Sean Locke Photography on April 29, 2013, 07:27

All of that is applicable to any self employed person.  I'm a plumber with a wrench.  There's only so many hours in a day.  Yada yada ...

Title: Re: Building Wealth as a Photographer
Post by: CD123 on April 29, 2013, 07:50

"Find a spouse with a good job". Heck, now I just will have to get divorced first......  :P

Title: Re: Building Wealth as a Photographer
Post by: gillian vann on April 30, 2013, 05:51

1.) Stop spending so much money!

pfft, I stopped following them last year because it seemed like nothing more than a boys club that liked to talk about new gadgets. I'm sure plenty of their revenue comes from advertising and endorsements, so this advice is amusing, and like, derrrrrrrrrrr. this is one realm where men are the suckers.

which leads me to
6.) Find a spouse with a good job.
back off, that's our trick!  ;D

Title: Re: Building Wealth as a Photographer
Post by: WarrenPrice on April 30, 2013, 09:27

Quote from: gillian on April 30, 2013, 05:51

1.) Stop spending so much money!

pfft, I stopped following them last year because it seemed like nothing more than a boys club that liked to talk about new gadgets. I'm sure plenty of their revenue comes from advertising and endorsements, so this advice is amusing, and like, derrrrrrrrrrr. this is one realm where men are the suckers.

which leads me to
6.) Find a spouse with a good job.
back off, that's our trick! ;D

 ;D ;D ;D
Times are changing.  LOL

Title: Re: Building Wealth as a Photographer
Post by: tab62 on April 30, 2013, 09:32

Find a spouse with a good job! My spouse does have a great job with full benefits!  ;D 

Title: Re: Building Wealth as a Photographer
Post by: cthoman on April 30, 2013, 09:58

That is a pretty defeatist attitude towards his business.

Title: Re: Building Wealth as a Photographer
Post by: tab62 on April 30, 2013, 10:13

basically, these rules apply to a lot of other fields besides photography- I know a few construction folks that have the same situation.

Title: Re: Building Wealth as a Photographer
Post by: gillian vann on April 30, 2013, 17:26

really? there's a bunch of wannabe tradies running around with cheap tools doing work for free?

Title: Re: Building Wealth as a Photographer
Post by: ShadySue on April 30, 2013, 18:07

It's not so much about building wealth as not letting it seep away, which is good advice in any field.

Title: Re: Building Wealth as a Photographer
Post by: Batman on May 01, 2013, 19:52

Quote from: tab62 on April 30, 2013, 09:32

Find a spouse with a good job! My spouse does have a great job with full benefits!  ;D

I am the spouse with a great job, she's unemployed.

Title: Re: Building Wealth as a Photographer
Post by: Silken Photography on May 01, 2013, 22:52

In my relationship, I'm the sucker with the higher paying "great" job that means I can't afford to quit and tackle photography full time right now, as much as I'd want to.

(I fully appreciate that "afford" is very much relative. Technically we could afford to eat and house ourselves if I quit my job.  But we'd be giving up a lot of other comforts and pleasures and I'm not prepared to trade in everything else for photography.  Yet.  I admire those who do take this leap.  Still, maybe in a few years when the mortgage is a bit lower... *dreams*)