Business Skills

Posted by on Jun 22, 2010 in Achievement, Art, Mindset, Productivity | 10 Comments

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:

  1. Rich Dad, Poor Dad – Kiyosaki
  2. Problog­ger – Rowse & Garrett
  3. Sales­Dogs – Singer
  4. The Busi­ness Side of Cre­ativ­ity – Foote
  5. Mak­ing Money – Clitheroe
  6. Start­ing Your Career as a Free­lance Illus­tra­tor — Fleishman
  7. Top 10 Habits of Mil­lion­aires – Cameron Smith
  8. How to Win Friends and Influ­ence Peo­ple – Carnegie
  9. The Pen­guin Small Busi­ness Guide
  10. Self Pro­mo­tion for the Cre­ative Per­son – Silber
  11. Time Man­age­ment for the Cre­ative Per­son – Silber
  12. 7 Habits of Highly Effec­tive Peo­ple — Covey
  13. Fit­ter Faster Stronger Smarter — Banks
  14. What Rich Peo­ple Know and Des­per­ately Want to Keep Secret – Sher
  15. 4 Hour Work Week – Ferris
  16. Tax Office Booklets
  17. Any­thing by Zig Ziglar
  18. Think Big and Kick Ass — Trump
  19. Shut Up, Stop Whin­ing and Get a Life– Winget
  20. 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

  1. Ben Thomas
    June 22, 2010

    Nice 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

    Reply
    • Darren Yeow
      July 5, 2010

      Heya 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

      Reply
  2. Mitchel
    June 23, 2010

    Great 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!

    Reply
    • Darren Yeow
      July 5, 2010

      Hey 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

      Reply
  3. Jay
    June 23, 2010

    I think this post applies equally to any indus­try. Well said. :)

    Reply
  4. Andrés Romero
    June 25, 2010

    So 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?

    Reply
    • Darren Yeow
      July 5, 2010

      Hi 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

      Reply
  5. Liza
    July 6, 2010

    This 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.

    Reply
    • Darren Yeow
      July 7, 2010

      Great 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

      Reply

Leave a Reply