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Old 05-28-2008   #3 (permalink)
Songman45
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Default Re: Start-Up Capital

Quote:
Originally Posted by TimAndrea View Post
you must be writing a book! that is a lot of info out there. the easy version, i started out small, using either cash or borrowing in advance of known income so i could pay it off then. then as i made money i bought more stuff. I call it a habit that supports itself. as for marketing, i need to do that, i have some customers by word of mouth but could do so much better if i just invested a little time in promoting myself. I am only doing this part time and not trying to make a living at it. Now that the economy is doing as great as it is i think photography is going to be one of the first things that people decide they can do without. but that is another thread
Hardly writing a book actually getting a plan of action. I had a very successful tenure with a portrait company but my personal life and my professional aspirations did not work well. I could not mesh a new marriage with the rigors of extensive travel. I stepped completely out of photography for years. In another long-term career in law enforcement I was able to use my photographic skill shooting investigative and evidence work, some of it graphically ugly. Life handed me a few bushels of lemons. In September I found myself jobless, family-less and in dire straits. Fortunately, the uncle who had originally sparked my interest in photography as a child is a working successful photographer and put me to work. I've been learning and photographing equestrain events since then. I have been re-inventing my life over the past 8 months.

My plan is to return home to TX and establish a photograpy business. My children are now grown and seeking their own careers and I don't have a heavy load of responsibilities at present. Its a great time to stockpile assests, experience and get things set. Like many of my contemproaries, I'm a far better photographer than I am businessman. I hope to network with other professionals who established, grew and operate successful businesses.

Under capitilization is a major reason for start-up failure of many fine endeavors. I'm in hope that someone here was able to atract and aquire the funding necessary and will share how it was accomplished. I don't need to re-invent the wheel, I'd just like to duplicate a model that worked.
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