Today we’ll be sharing six actionable steps that you can take to start up a photography business. So, the very first step if you're starting with a completely blank slate is to
(STEP:1) Identify your niche.
This is
easily the biggest mistake that I see new photographers making
and it's also something that I did wrong for a very long time. I spent
several years shooting everything to try and figure out
what it was that I cared
about and if you're
doing that for a couple of months to see what it is you'd like to specialize
in that's completely fine but trying to be a jack of all trades
and shoot
everything from weddings to automotive, to
sports, to real
estate, to Concerts, will not
help you to build a consistent roster of clients that you can rely
on for your work. This mistake stems
from the fear that if you say no to an opportunity then you've
missed a chance
to grow your photography business. Still, the exact opposite
is true if you identify
exactly what you
want to specialize in and then tailor everything else
in your business
around it, you're more likely to appeal to potential clients. I’ve literally been
asked dozens of
times, do you
shoot weddings, do you
shoot weddings and I have turned away every
single job because that is not an area of photography that I
specialize in but doing
this allows me
to target my sports
and real estate clients more effectively because when they go
to my website,
they see very specific types of work. So, sit down and think
carefully about where your passions lie and what it is you
want to shoot, and then
stick with it and move on to the next step. The second
step is to
(STEP:2) Register your business
and set up the framework.
if photography is something that you want to do with your life even if you choose to do it only as a side hustle, you should invest the time in properly registering your business. This includes deciding whether you want to be a sole proprietor or an incorporated business getting a tax number finding commercial liability insurance and setting up a client management system with accounting contracts, and invoice templates. You want the government to recognize your business so that you can charge sales tax, pay income tax and then write off your expenses. Now a lot of new photographers push back on this part thinking, I don't want to pay income tax on this small amount of money, or I can set it all up once. I start making money and my response to that is simple, how do you know when you're going to start making money. A lot of photographers give up quickly not because they can't land new clients but because they started as a side hustle and then they have no pressure to succeed, but if you treat your photography as a business from the very beginning, the government is eventually going to expect you to turn a profit. It’s that or you're going to be audited by your local tax agency for writing off that ten thousand dollar camera without having any kind of income. I honestly believe that type of pressure is what will push you to succeed if you're doing this as a side hustle with that. Out of the way we can move on to the third step, which is to
(STEP: 3) Identify your ecosystem.
Now, what do I mean by ecosystem, well a
lot of new photographers
will concentrate on the specific camera they want to buy thinking
oh I want the Canon r5
or a Nikon z72 or
whatever it might be, I received dozens of
messages asking what camera brand is good? What does
that actually mean nothing, because your camera is only one
part of the
equation? You also
need to consider the lenses, the lighting equipment, the studio
gear, and all of
the accessories that you're going to buy with it, along
with the price of those things, and this is
referred to as the camera's ecosystem. My recommendation
for you here is
to start by looking at lenses, not cameras. If you
actually spent time on step one and you seriously identified your
photography niche then it becomes easier to
figure out which lenses you need. Now and in
the future let's say
my dream is to be a national geographic photographer shooting wildlife, someday I know I
want to buy a 200 to 400-millimeter f4 lens. So, that
leaves me with two choices already Canon or Nikon
because no other
camera manufacturer offers one of these specialty lenses. My point
here is that no matter which niche you're interested in, there
will be significant
differences in lens options from one camera manufacturer to
the next. Now moving on to the fourth step is to
(STEP: 4) Launch your website.
There are several great
tools out there, you can use to set this
up including Squarespace. Squarespace is an
option but I also see photographers
using Wix format, adobe
portfolio, and several other
alternatives no matter what you choose, I
recommend designing your portfolio around four key
principles, it
should establish you as an authority, it
should show off your
best work, it should
build a relationship
with your customer, and it should encourage people to
take action. Let me quickly
break down all four of these concepts. First, establishing authority involves positioning yourself and your
work in a way that leads
people to conclude that you are an
expert. This can be
one of the hardest
things to accomplish because no one thing establishes authority. You need to
build it up through a combination of many small
triggers. Second, showing off your best work is pretty self-explanatory. Make sure your portfolio
is kept up to date and includes only the absolute best work you
have. Third, building a relationship with your customer
is an important part of any photography website especially
when you work in a more personalized niche like maybe
family portraits. For example, the
language and the
wording that you choose to play a huge
part in this. Fourth and finally
encouraging people to take action involves the use of cues links and
prompts throughout your website reminding the viewer, what
they need to
do and in
marketing, this is
also referred to as a
call to action. With these four
steps out of the way we move on
to the fifth step which is to
(STEP: 5) Identify a pricing framework.
Now, I am a huge
advocate of starting your photography business while
working a day job. A lot of people think you
need to take this huge leap of faith and just drop everything to
try and
become a photographer or worse they think that the only way they'll ever
be considered
successful is if they do it full time. I know
many great photographers who also stick with their day job because
there just isn't
enough work to go around or they don't specialize in a lucrative
industry. Now some of
you will be thinking, didn't you just say in step two that pressure helps you
to succeed, Sure I did but
the problem
with just dropping everything and going full-time into
photography is that
it becomes more difficult to start by
charging higher rates. You need to
work a lot more badly because you have no other supplementary sources
of income so you become more willing to compromise instead of
just saying no
to cheap labor and when
it comes to
pricing it can be very hard to pull yourself out when you're
stuck with a bunch of cheap clients or you're known as
the cheap
photographer in your area. So, my suggestion
is to hold on to your day job and then figure out what other
similar photographers
with similar experience levels are charging in your area. Once you land
on an appropriate
rate, stick with that
rate and don't budge unless you didn't do your research properly
or you've misjudged your target audience, you're more than likely
to find someone
who's going to give you a chance and then you can keep building
from there and
speaking of building
this leads
perfectly into step number six which is to
(STEP: 6) Identify a plan for scaling your business.
Now there are
many different ways to scale your photography business. You can call potential clients, you can get referred
by others boost
your online presence, and the list goes on but all of those things
are external
factors. They require
somebody else to
take action on your behalf and when you're first starting, you have
almost no control over somebody else deciding
to recommend you other than just asking
them to. So, in
addition to those things I mentioned, I also
suggest that you focus
on two internal
factors which you can control which are diversification and outsourcing. when I
say diversification, I mean
that you should be willing to take on different types of work
within your niche. This might come as a
surprise but most photographers are not just doing photography, they're running YouTube
channels, they're writing books, they're
working on video projects, as well they're working a day job, and
understanding that this is a more common reality than making five
hundred thousand
dollars a year shooting whatever you want. One day a
week will help keep you motivated and grounded while scaling the business. On the
other hand, when I
say outsourcing, I mean that you should be willing
to pay others to
do work that will allow you to focus on the high-value activities within your business. In the book, Exponential Organizations author Selim Ismail points out that having
staff on demand is a necessary characteristic for speed functionality and
flexibility. In a fast-changing world leveraging
personnel outside the base organization is key to creating
and running a
successful organization. In other
words, outsourcing doesn't
just save you
time, it also
enables you to access
more talented content creators specializing in other aspects
of photography. Now content
creators hate outsourcing
because it means a
lack of control over the final product and your final vision, but instead
of thinking this way consider what Ismail is
pointing out here, if you outsource low-value tasks then you have the opportunity to free up
your time and generate additional revenue. For example, if I shoot
real estate and I only have time to handle
two properties in a day at 500, a shoot I make a
thousand dollars a day but if I
outsource the editing to someone, who's
way better than me and can get it done in 20 minutes for a
hundred bucks, well it
frees up more time for me to shoot a third property which now
brings me to
1200 a day so
my point here is that if you outsource some of those low-value activities that take up your time while you're
trying to grow your business and work your day job at the same
time, it's
ultimately going to allow you to focus on taking on more work and
then growing
your photography business.
0 Comments