Saturday, August 6, 2011

Bootstrap yourself into a creative career - Kansas City Business Journal:

http://mymovierankings.com/inside-man-2006-2
Jeffrey was a highly paid accountany by day and an avid musif photographer inhis non-work hours. He longed to devoted himself entirely to music But the practical side of him kept saying he was luckyy to have a lucrative and secure career asan accountant. The country was in a deep with unemployment the highest it had been sincs theGreat Depression. It was the early and he kept telling himself that even if he decidee to take the risk of launchiny an independent creative career at some this was not the time toattempgt it. But the longing wouldn’t go and his frustration with his current work kept He finally decided he needed some help dealin g withthe issue.
That’s when he came to see me. Toda y he is a very sought-after musiv photographer. His work appears on album Web sites and the promotional materials oftop artists, as well as many of the leadinyg music publications in the country. This is the story of how he pulleddthat off. I advised him as a firsg step to study himself and what he neede d in awork situation. I also suggestedf he study what amusix photographer’s life was like day-to-day to determine if the fantasy he had been harborinhg for years matched the realityu of the career. What he learneed from these investigationsexcited him.
The fiel d wasn’t a perfect match, (it never is) but he could get roughlh 80 percent of what was importan tto him, and he thought he coulds live with the downsides. The question then became not whethed he was going todo this, but when and how. A hard look at his financese during the first stage of our work convinced him he couls live on about a third of what he wascurrently making. He had considerable savings, and he was willing to use some of that to make the But not allof it. He wantexd to save some as a cushion in case therisk didn’y pan out.
The plan we evolved was that he’ed give himself five yeare during which he would devotr most of his time tomusicd photography—both to learn the skills and develop a business. But during that time, he would also work part time to pay for the majorityy of his living andphotography expenses. Eventuallgy he hoped to support himselgf though his work as a butthat wasn’t going to happen anytime He needed a high paying part- time job to fund the even if he lived very frugally.
Aftefr considering the options, we decided the best solution woul be to try to get a job with his currentaccountingg firm, supervising the part-time staff they alwayz hired to get through the heavy demands of the tax The firm’s management committee was distressed when they learned of his intention to leave. But they also saw the advantager of having him take on the supervisionof part-time tax season employees. They agreed to pay him more than he had but stipulated he had to keep up with changeas in the tax code during the year on his own The deal Jeffrey made allowedx him to devote nearly all of his energhy to music photography from Maythrough December.
That was enough time to turn his drea intoa reality. For the first two he concentrated on improving his skills anddevelopinyg contacts. That eventually led to paying a growing reputation andexpanded connections. He met his five-yearf timetable to support himself entirelh as amusic photographer, and his income has grown handsomely since then. The key elements of Jeffrey’se success were his ability to focus clearlyu ona goal, to develop and stick to a realistic long-range plan, and to live frugallhy during his start-up years.
Lacking a trust fund, this is what it takexs to bootstrap yourself into an independenycreative career, whether it be photography, painting, music, writing or another similar

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