Your question is not really one that can be served up easily, my prediction is I am going to spend the next hour typing and still only scratch the surface of everything that would define where I am at. But here goes. This will be a good exercise for me.
Am I surviving?, yes, but only due to my current 9-5 job. My business, Well that's one of those goals that has a long path ahead of it. I have had a handful of professional jobs this year but not enough to support the studio nor enough to work on my "needs list" beyond a few key items.
Mostly I am dumping money into equipment this year the plan is to have my marketing figured out by the time I can actually pull off anything requested of me,. no point in marketing that I can do XYZ photography when I don?t have XYZ equipment to be able to turn that request around quickly,.. yah rental but that can only be pushed so far.
Iv got the talent, I have a unique perspective of being an old web developer kowing the in's and out's of web photo/graphics needs, iv got some of the equipment, I am working on the marketing with the website and a few other things, I even have a mini studio set up, I can do a lot, but what I am missing is the word of mouth, the street rep,..
my added dilemma is that there are a hundred thousand photographers out there to compete against, who also have adequate talent, but another two hundred thousand that well, kind of suck, and quite frankly its some times hard for a client to tell before the project starts, so as often as a talented photographer gets a job two crappy photographers also find jobs. as a no name with no street rep my name is simply lost in the murky pool most times.
Most would tell me find my niche market and get really dam good at it,... then focus on marketing, marketing, marketing, well that?s the thing my niche, the thing I do best is wildlife and nature photography, which does not make the big bucks, I am also dam good at studio photography,.. which has the potential for big bucks but most are at least adequate at it so there is a lot of competition there.
Most would say ok, well then tighten it down further,. Get really good at jewelry photography, brand yourself as the king of jewelry and nothing more,.. but then I compare that to my current job and think well that would be dam boring just shooting the same thing over and over,.. no I want to be known as the guy who can do it all.. so that is a mind set dilemma that I really need to iron out and which I blame for most of my stalling with commercial photography at this point.
im not sure the niche market strategy is perfect for me,.. what i find over and over again is that i need name recogition,.. it does not need to be with anything more specific than "commertial photography", but it has to be there. so my current strategy leans more towards getting my work out there with my name attached to it. we will see how that goes for a time.
I just finished the web site, which has gone over well, I am working on getting it linked from all over,.. a slow arduous task, the web site is like a business card absolutely useless unless you hand it to some one looking for your services, what I need is a far more aggressive strategy,... I need to go after the clients I want, but I also need to be ready the second I get that haloed call back to respond and deliver in perfect order, I am working up to that, so for the time being its all a little slow, I am only taking on the jobs I know I can do, and I am doing work at about 50-60% market value and eating the cost of rentals. I guess it is growing, in the reguard that at least i have a few jobs, but its no where near able to sustain itself yet.
The hard part is you cant get the equipment without the jobs, but you cant do the jobs without the equipment, id put the cost of opening a photo studio up there with the cost of opening up a restaurant... the good equipment is dam expensive. Some of it can be rented, but not all of it. and there is something to be said about the familiarity of your own equipment that helps you perform at a high professional level.
I am considering using credit to speed things up but I guess my fear that the commercial photography pool is so big has me hesitant to get to far into debt. so its all growing ever so slowly each job buys a new piece of a equipment and opens the possibilities up a little more,.. in theory it should slowly increase until I figure it all out. For the time being I am ok with slow.
As for nature/wildlife, I am out there shooting every other weekend. I am bringing a collection together for sale in the next few months, both through my website and possible Sundays markets. I?m working on the web store technology, Thinking about a calendar with the Audubon society, and doing some Sunday market booth set up cost analysis type stuff.. And I am taking notes on all the locations I visit, considering doing paid expeditions photo workshops,.. but that?s a pipe dream for the moment.
And then there is the stock photography options,.. I need to look into that and see if that?s something I want,.. Its kind of parallel to processed food versus organic food for me,. Stock photography is generally cheaper and faster for the client but its also usually not the greatest of quality and its usually not exactly what the client was looking for. The sad part is clients have accepted it ?as is?, not getting exactly what they wanted but paying less for it. All the time killing off the quality photography business in the process. And stock photography does nothing for building your name. so I am just not sure I want to go there. But it is the way things are turning so I may just have to deal with it.
I regard stock photography companies like some people regard Wall-Mart, the big bad company that moves in and kills all the mom and pop stores,.. stock photography companies keep growing, and so does Wall-Mart what can one do other than vote with there dollar.
The funny thing is the stock photo companies would not exist without the two hundred thousand crappy photographers that constantly hand over there images,.. so really it is the photographers all shooting each other in the foot. But iv gone way off track now?.
But that?s ok I have only recently decided to turn my talents into a business, this will all take time, my current stand point is its to risky to go deep into debt until you know your on the right track,.. I am still trying to find my track I guess. But that?s cool, the way I look at it at least I know where my hold ups are. And until I do figure it all out at least I can do some work building my skills,..
As for Biznik, no business yet, but iv only been on for a few weeks so who knows, lots of interesting ideas to think about though.
I will say one thing, while I am in this mode of growing, you biznik folk can probably get some darn good deals out of me for your photographic needs. It costs absolutely nothing to ask some questions and talk out your needs with me.
Alex
AlexCphoto.com