Business Skills
After being in business for myself for the last 8 months, I can honestly say that I don’t ever want to go back to a staff job again, I absolutely love running my business, doing the work that I do and the flexibility that goes along with it.
I think above all, however, the feeling of being able to provide for myself without the need for an ongoing employer is an absolutely amazing feeling and has definitely imbued me with a great sense of confidence, worth and control over my own life, since everything I do directly affects my viability as a business.
Marketing, sales, controlling finances, tweaking operational processes, strategically moving the business in the direction of the greatest creative fulfilment for myself are all higher level tasks that must be taken care of just as much as doing the actual work to a high level.
There are some people who hate doing all the business administration, but speaking for myself, perhaps because I have tried and failed in the very same endeavour before, it is uplifting and enjoyable when it pays off.
This is Why Most Artists Fail
Recently I posted on Facebook something which read:
Here’s one of the main reasons most artists fail commercially: They don’t realise they’re essentially in a sole trader business with no skills other than knowing how to draw or paint. In other words, they are up shit creek with nothing but their dick in their hands as a paddle.
I absolutely believe in this statement, if you want to steer the ship that is your life, you need to know how to manipulate the rudder, if you leave it to other people to point you in the right direction you will be living someone else’s goals or aspirations. You are giving away the control of your destiny to people who can never have your best interests at heart simply because they ARE NOT YOU.
Get Educated
When people ask me for advice on running their own freelance business, usually the minute I mention business skills and espouse the virtues of financial control, billing processes, customer service and marketing, their eyes usually glaze over. I know what they are thinking “Uh…isn’t there an alternative to this business stuffs?”
Here is the short answer: No.
You either learn how to run you business profitably or you’ll be packing up your business along with your aspirations in less than 6 months. Statistically, that’s what will happen to most people. You want to be a statistic?
There is absolutely no compromise on this, if you want to run a business, you need business skills. You can pay people to teach you in seminars or schools, or you can read books and practice what they preach. I prefer the latter but I have also enlisted the help of high cost professionals before when learning from books was not practical due to time constraints.
Here is a list of a few business oriented books/publications that I have personally read and encourage you to read if running your own business is something you want to eventually do:
- Rich Dad, Poor Dad – Kiyosaki
- Problogger – Rowse & Garrett
- SalesDogs – Singer
- The Business Side of Creativity – Foote
- Making Money – Clitheroe
- Starting Your Career as a Freelance Illustrator — Fleishman
- Top 10 Habits of Millionaires – Cameron Smith
- How to Win Friends and Influence People – Carnegie
- The Penguin Small Business Guide
- Self Promotion for the Creative Person – Silber
- Time Management for the Creative Person – Silber
- 7 Habits of Highly Effective People — Covey
- Fitter Faster Stronger Smarter — Banks
- What Rich People Know and Desperately Want to Keep Secret – Sher
- 4 Hour Work Week – Ferris
- Tax Office Booklets
- Anything by Zig Ziglar
- Think Big and Kick Ass — Trump
- Shut Up, Stop Whining and Get a Life– Winget
- Internet Riches — Fox
I liken reading books to sharpening the axe.
Story Time!
Oh! Speaking of axes, I wanted to recount a parable I heard 6 years ago that I still think about today:
One day, a wandering man strolling through a forest hears grunting and the dull thump of an ax as it plunged into the trunk of a tree.
Curious, and with a whole bunch of time on his hands, the wanderer walks over towards the direction of this sound and comes across a barrel chested man with a great big red bushy beard obviously trying to replenish his firewood supply.
This big burly gentleman is swinging like a mad man but seems to hardly be making any progress at all and there is a river of perspiration streaming from his beetroot red face.
Taking a break, he sits down wiping his forehead, places his axe on the ground and has a drink. The wanderer notices that the man’s ax was completely blunt!
“Say friend, why don’t you take a moment to sharpen your axe? I’m sure it would make your work easier!” the wanderer suggested, to which the big man replied “Are you kidding me!? I have a tree to cut down! I don’t have TIME to sharpen my axe!”
Ha! Don’t be the big burly man, edumacate yourself, it’s the fastest, surest way not to fail
Keep learning, and I’ll catch you on the flipside!
Daz






10 Comments
Ben Thomas
June 22, 2010Nice one Daz!
I’m getting close to making the jump myself. All a bit scary going from a very safe government job to the big bad world of photography!!!
I’ll be sure to check out some of the books I’ve missed in my travels.
Would love to catch up soon man, it’s been a while!!
Ben
Darren Yeow
July 5, 2010Heya Ben! Thanks for writing mate, it certainly has been a long time and you’ve certainly come a ways with your photography! Congratulations on that and I wish you the best of luck with your future endeavours.
Would definitely love to catch up and see how you’re travelling.
Daz
Mitchel
June 23, 2010Great post!
I was happy to see the list of books you recommend. There is a sea of information out there and sometimes I find it difficult to find the best path. Thanks!
Darren Yeow
July 5, 2010Hey Mitch, cool beans, I’m hoping that by posting these it helps people to find what they’re looking for a little quicker.
That being said, any path is a better alternative than languishing =)
Daz
Jay
June 23, 2010I think this post applies equally to any industry. Well said.
Darren Yeow
July 5, 2010Thanks brother!
Daz
Andrés Romero
June 25, 2010So education is the key, great to know it. But from your experience don’t you think everyone must start from the very bottom, I mean working in a staff job and then after gaining some experience try to run their own business?
Darren Yeow
July 5, 2010Hi Andres,
Absolutely, I think everyone needs to start from an entry type position, it lets you understand the ropes better and you have fewer gaps in your knowledge. For commercial artists who wish to have an earning scale beyond what most staff jobs can pay, freelancer or running your own design business — in my opinion is the long term objective of most pros.
Working staff jobs is absolutely invaluable for gaining experience, and for some people they just don’t want to deal with the very different skillsets of having to run their own business. Different people need different things =)
Daz
Liza
July 6, 2010This is what I’m trying to do at the moment. I recently quit my full time job and got a 6 month web consulting contact. Being a contractor I still work the same amount of hours per day, but it feels like a step in the right direction — feels like I’m more in control of my own hours and life and knowing that I’m trading under my own name, not as someone else’s employee, is great. At the same time I’ve started my own web consultancy business. Eventually I hope to be able to turn the tables and do my own freelance consulting full time from home — or from anywhere it is I choose to work. Heck, I maybe could travel around the world while doing my freelancing one day.
Darren Yeow
July 7, 2010Great to hear from you Liza! Yeah, I check out your blog and tweets, must be an exciting time for you hey?
I think you will do fine, just keep at it and you can’t go wrong!
Yeah, the idea of doing my work on a Bali beach sounds pretty darned nice hehe.
Btw, great blog, keep it up!
Cheers, Daz