:: business models for creatives ::
to this point, i think my business model has been a more model: make more things, introduce more products, get more exposure, explore more venues, sell more things, provide more services, repeat.
and so far, that has been a pretty decent business model for me. it has worked. it has helped me grow.
but the more model is limited in that it doesn't take into account that hours are not something you can't simply more your way into. the more model isn't a sustainable model, at least not the way i've been doing it.
i think the time has come where my more business model and my less philosophy have crashed headlong into one another.
it's like there's a venn diagram of possibility and the things i want just cannot all possibly overlap in the middle.
i want to be able to support my family and allow my husband to quit his government-lawyer job and hang up his own shingle (as they say in the biz). i want to be able to work and still enjoy my family life. i want to sustain my sanity and my health and the health of my household.
i want to grow my business. i want to have my things in stores that my friends and family can go to in their own cities and say, whoa! julie made this!
i want to do it all indie and in-house and organic and small.
but the way i'm going at it, instead of achieving all of these things, i'm going to end up achieving none of them. or maybe one.
the current model just isn't going to work. it's going to waste my resources and use up all my time and waste me completely. i'm exhausted already and it's my slow season. i'm rushing around trying to develop this new product and work with this existing client and open this new shop and develop this new business relationship and plan to exhibit at a trade show and work on a wholesale kit. i'm trying to print all my own stuff and bring in new wedding clients and expand my design repertoire and portfolio. the things i'm doing conflict with one another (i am planning to make a huge splash at the national stationery show, but at the same time i'm setting up this whole in-house printing studio. if i want to do it all here in-house, then why do i want to go to a trade show and court big wholesale accounts? and if i do want to get the wholesale accounts, how can i do that without going insane, alienating my family, and probably driving myself to drink?
the collision of ideas and practices and desires is about to become really apparent unless i figure out a different model.
there's a lot of talk among artists and creatives about competition and whether we should watch our competition and whatnot. the general consensus is do your thing and people will come to you. but i find that these moments of business crisis are the moments when i become most interested in my peers, my competitors, and other businesses. these are the times when i look around at all the folks around me doing sort of the same things i'm doing and i start to ask myself, "do i want to do it the way so-and-so is doing it?" it's not their products i'm thinking of but their model. their approach.
so now i'm curious: what businesses do you know of that seem to be achieving success on their own terms? what models do you see out there? what seems cool, what seems crazy, and what seems feasible?
i myself have been thinking a lot about knock knock and kelly rae roberts. the former has taken a really wonderfully creative idea and turned it into a fun, funny, crazysuccessful business. a big-ish business. the latter is an artist who has made herself a name (and a salary) by cultivating her art, keeping things small, and developing a devoted following. the value in her business is all about her - her art, her lessons, her experience.
they're two ends of a spectrum, i guess, but for me they're really informative. i find myself sitting here, though, wondering where on the spectrum i am now and where i'd like to be.
what do you think?
upupcreative 38p · 760 weeks ago
julieboyles 1p · 760 weeks ago
During the course of all this, I did make two important decisions just like you are facing. 1. I decided I did not want to wholesale. at all. I just can't produce enough to make it worthwhile even with hiring an independent contractor for piece work. And 2. I want my business to be an "intimate" business. That doesn't necessarily mean small forever, I just want it to grow in time at its own pace. I know myself well enough that if I push too hard and grow too much more than I'm ready for, I'll get burnt out and stop doing it all together. I want to know my customers, have time to develop new products and enjoy my teenagers while I still can.
I don't know yet how it's all going to work out! Your thinking about all this is very good for the growth process. No one else can tell you what's right for you and your family. I'm sure the answers will come to you! (Love the diagram, wish I would have thought of that!)
Bridgett · 760 weeks ago
The first year of my business was so focused on keeping up the Jones' that I lost track of who I am. So I took a step back and carving my own path and I'm more happy. I'm no where near where I want to be but getting there.
I also found that having goals is great and gives you something to work towards but needs to be organic and dynamic. Life changes and so will you and your business so make goals and work hard at them but if something that doesn't fall right in line with them but makes you happy and can pay off in the long run, do it! Use it as a guide so you have direction but don't let it be the end all if everything isn't accomplished when it should be.
You've got a great little shop here and I really like what you do and know it will go far. :)
Stephanie Fizer · 760 weeks ago
Best of luck wherever your business takes you! I know you will be a huge success.
Katie@MakingThisHome · 760 weeks ago
Katie