Where are you at? Honestly. Before you can get to where
you want to be, you've got to define where you're at now.
Perhaps you want to do more of what you're doing now. If
so, great! If not, it might be time to do some hard core
self-searching and come up with some realistic goals to get
where you want to be down the road a bit.
Here are some questions to ask yourself:
- Am I happy where I'm at?
- Do I want to do more of what I'm doing now?
- Do I want to expand my horizons and land a broader range
of gigs? Why?
- Do I want to move into a new market? Why?
- Do I want to specialize in a certain industry or type of
work? Why?
- Do I want to make more money? Why?
- Do I want to get better clients? What's wrong with the
ones I have now?
- Do I want to expand geographically? Why?
The trick here
is to be cuttingly honest with yourself. If you're not,
you
won't be effective in reaching your goals
or being happy if you do get there. The "whys" are important here. Like a method actor,
you've got to ask yourself, "What's my motivation? Defining
your motivation will get you moving because you're ... er
... motivated. If you're fuzzy on this, odds are you won't
put all your effort into changing things. Eventually, the
effort falls by the wayside and you find yourself back where
you started.
Maybe you're bored with the type of work you're doing now.
There's no reason you need to stay in that rut. All it takes
is a wee bit of pro-activity (geez, that word's over used
these days) to change the look of your project roster. A
few changes and voila! You'll find yourself getting more
of the types of projects that really interest you.
Three years into her business, well known designer, Ellen
Shapiro, found herself looking at the financials and not
liking what she saw. Things were "okay," but "okay" wasn't
good enough for the designer. She could do better and land
more profitable gigs.
Shapiro decided to target annual reports. But after researching
the market, she found that cracking the Fortune 500 would
be a tough act. So, she decided to take a different path
and target companies with annual revenues under $300 million.
Bingo! Shapiro had found her niche.
But, she had a small problem. The firm had never done an
annual report. Not to be shot down, Shapiro designed mock
report spreads for a few industries in the target. A mailer
was prepared that featured the designs and addressed the
needs of CEOs and CFOs. It was a hit and the firm built a
very profitable new business segment that let them stretch
their creative arms.
It's this kind of savvy that helps to grow a firm or an
independent practice. The idea is to not think, "I can't." It's
to think, "How can I?" Doing your homework will
help you identify new opportunities and ideas to reach your
goals.
Maybe you want to make more money. It's often said, "Being
in business just to make money is the wrong approach." I
agree with that to a degree, but I also agree with the concept
of eating and paying the rent. Money isn't necessarily evil.
Actually, it can be a lot of fun. Making enough money is
key if you plan on sleeping at night and not worrying all
the time. Worry is a creativity killer.
So, how does one go about making more money? There's lots
of ways, but I'll focus on one for the sake of brevity. Diversify. The easiest way to make more dough is to create multiple
streams of revenue for your business. It's a matter of tearing
off the labels that say, "I'm just a designer," or,
I'm just a photographer, writer, etc."
Make once, sell many is the mantra of passive income. Your
creative. Think up some type of product(s) to make and sell.
If you're a designer, maybe that means creating a line of
greeting cards or posters. Maybe some nifty housewares or
t-shirts. If you're a photographer, how about a line of mugs
or such with your slick images on them or gathering all those
out takes and selling them as stock images? If you're a writer,
what about writing some special reports or an e-book on some
topics your intimate with writing about?
Perhaps things are slow in your neck of the woods. It might
be time to stretch a bit on the map and look for clients
out of your area. I live in an ... er ... "economically
challenged" area. Over the years, clients have dried
up faster than rain on the hood of a car in August. So, I
needed to look elsewhere.
I started contacting folks around the country who I hadn't
talked to in a while. These were friends and business associates
I had worked with and for in the past. I also increased my
net activities with some p.r. stuff. As a result, my client
base is now more than 80% out of my local area.
The whole point here to is make an honest appraisal of where
you're at and where you want to be. Then, roll up your sleeves
and get creative about how to get there. Focus on "How
can I?" thinking. Nothing ventured. Nothing gained.
You might fall on your butt a couple of times, but that's
okay as long as you don't give up. Thomas Edison once said, "Oh
no, I haven't failed 5,000 times. I've succeeded in finding
5,000 different ways that you cannot possibly build a light
bulb." It's that kind of thinking that gets results
over the long haul. |