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money

Design Your Life

Stay Gold Forever: Lessons in Business and the State of Being

09/18/2010
gold

When I was about fifteen, my father had this great idea that would turn me into the business prodigy that he had so desperately wanted me to be: To start a record label. I was very involved in music, and he had figured that it would have been perfect. I spent months reading business books and books specifically about one starting a record label, only to quit the project and head into an entirely new direction (one of the best descisions I have ever made in my entire life) months later.
Nonetheless, here are some things that I had learned whilst trying to get this independent music empire up and running, and I believe sincerely that these lessons can be applied to life in general and have a positive effect.

That’s My Story, and I’m Sticking To It

When I tell people how something happened (ex. How did you and your boyfriend meet? Is an easy example) , I want to feel good about it. I don’t want to have to feel like I have to paint a different picture to get the approval of who I’m telling, there shouldn’t be a detail to hide. You have to live a story that you’ll be proud to tell in the future.

Don’t Lose Yourself

It’s human nature. When you factor things down to their purest form, the only thing you really have, to hold on to forever and no one can ever take it, is what you think about yourself. Who you know yourself to be. And you must maintain your sense of yourself at all costs. Because your self-image is always going to be what you base your descisions off of, and if you compromise that, you’ve lost.

At the end of the day, don’t only ask:
How much money did I make?
How much work did I get done?
but also ask yourself:
What did I get out of it?
because in everything you do, there’s an image of yourself and the feeling associated with what you’re trying to achieve.

Avoid the Trap

Define who you know yourself to be.
Define who it is that you would like to be.
And define what it is you wish to be known for.

Those three things are your own personal rules of thumb. And it’s rather difficult, but beneficial, not to contradict them.

I do sincerely feel that by applying these little bits of knowledge to your life, you’ll come to a full understanding of why you want to do what you want to do, and therefore take a huge step forward on your everlasting journey to self discovery.

Design Your Life

Design Your Own Career: Part Four

04/13/2010

“Starting out to make money is the greatest mistake in life. Do what you feel you have a flair for doing, and if you are good enough at it, the money will come.”
– Greer Garson

money
We’ve identified our passion, worked out the skills we will need to pursue it, and found that we must keep learning in any creative career. Now the tricky bit, the question of the ‘M’ word, the point when we realise just how difficult the creative career is to achieve, and why so many abandon it or never even try: how do we make money? Firstly, there are two vital points to keep in mind when embarking on or living the creative career, if you want it to work financially.

Two Principles for Making Your Passion Pay

Not only do you have to love doing it, you have to have a certain amount of love for the work involved in doing it. For example, I would really like to be a property developer; I’m interested in buildings, interior design and the pleasure that comes from renewing something tired and old. However, I’m not one for physical labour – a bit here and there, sure, but stripping walls, plastering, painting – it just isn’t for me; I’m an ideas person. Therefore, I would either need a great deal of start-up money to outsource this work, or I’d need to partner up with someone who wants the challenge – it’s just logic. Whereas, when it comes to writing, I love the concept, the materials, the result and the work involved – it’s win win.

You have to think about who will pay you, and tailor your work for them. Making money always involves someone else; you don’t make money as an individual unless you have a licence to print it yourself. Now, if you know you won’t get paid as an isolated entity, then you need to quit thinking of your ‘working self’ as an isolated entity – you need to start thinking about your customer: the person who will pay you to do what you love. When you think about them, you bring yourself closer to making money, because you can see things from their point of view, and know why they would or wouldn’t part with their cash on your behalf. For example, if I wrote articles purely for myself, made them all about me and only relevant to my life, it’s pretty unlikely that anyone would ever pay me for them. Whereas, if I wrote them, yes out of a love for the craft, but also with a target audience in mind (publishers as well as readers) then I’ve tailored my work and I invite payment.

What about money now?

This is all well and good, but I’d be lying if I said these principles alone will make you a living from your passion: there are many more sides to the coin. Firstly, it is an elite few who have the resources to start a business from scratch and live off of it, and I’m going to assume you are not one of them. So how do you get a financial head start with a creative career?

Start early. If you want a lucrative, independent career, you must be prepared to walk a long, toll-taking road to success. Because you are not relying on anyone else for that ‘big break’, you have to build up all the things that separate entity would offer you: reputation, credibility, contacts, experience, knowledge etc. The sooner you start, the better.

Do it alongside study. Study, particularly undergraduate study, is probably one of the best times you could start working out a creative career, whilst still feeling grounded. You have plenty of free time, you might have a student loan, and you are surrounded by other creative, young individuals to join forces with.

Do it alongside other work. Many creatives assume an ‘all or nothing’ mentality, refusing conventional work altogether – but you don’t have to be one of them. A part time job can fund your creative endeavours if you want it to, and work doesn’t always have to be a 9-5 desk job. Do something that keeps you fit like being a kids water sports instructor; do something in a creative environment like work at an independent cinema; or even do something that you can do whilst working on your career, like evening babysitting.

Research possible creative grants and/or young person’s business loans. These exist, and they are actually far more plentiful than you might think. Whilst I wouldn’t recommend commercial debt, there are many government-backed schemes to help the entrepreneurs of the future: after all, it is in the interest of any economy that you make money. In terms of grants, if you’ve got the talent, show people – they may be willing to fund your potential success. Type ‘creative grants’ or ‘arts grants’ or whatever is relevant to your dream career, plus the area you live in into Google and see what you find.

…Ask parents or investors? For some of you this will be the obvious choice, for some it will be unthinkable, but we’ll leave that debate for another day. If you think your parents (or other members of your family) will be willing to invest in you, make it worth their while. Like I’ve said, think about the person attached to that fistful of cash and ask yourself ‘what’s in it for them?’ Draw up a business plan and approach them like any other lender, and, of course, pay them back when you are in the position to do so.

Want to know just what you could be doing that’s creative and will earn you a crust?

Here are some examples of possible creative careers: Writer, Blogger, Graphic/Web Designer, Cabinet Maker, Painter, Interior Designer, Fashion Designer, Textile Designer, Property Developer, Musician, Life Coach, Personal Stylist, Photographer, Potter, Illustrator, Chef, Baker, Landscape Gardener, Florist, Window Dresser, Advertising Creative, Copywriter, Thespian, Director, Set Designer, Dancer, Greetings Card Maker, Knitter etc.

You can follow just one of these paths, you could weave several of them together, or you could carve out a new career especially for yourself. There are people in every one of these careers making good money, why not pick your guru and research how they did it? And, more appropriately, how they made it pay. Don’t be disheartened if you’re not abundantly rich in your chosen career immediately, it can take several years to get on your feet – the point is to get there and, if you give up, you never will.

Where to go next

Don’t let this series be a waste of your precious reading minutes; get started on your dream creative career now. However old/young/ prepared/unprepared you might be – there’s something you could be doing to make the mission of earning money one that is fun, fulfilling and freeing.

That’s it for designing your own career.

Please let me know your thoughts on the series and ask any questions/request follow up articles. Remember – you’re my customer and I’m here to tailor my work to your needs 😉 If you want to throw a tip my way, well, that’s up to you!