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What struggles do you face as an entrepreneur? Any advice to someone who wants to open their own design firm? When should they, what are the risks? How has this affected your walk with Christ?
Lynda: One challenge is marketing one's own business. While designers market for everyone else, they typically procrastinate or avoid marketing themselves. If you are going to be in business for yourself, you need to get comfortable with marketing, or get trusted partners to help you.
Another challenge is getting paid for what you're worth. Often, people have this tendency to think that creatives shouldn't be paid for their ideas and work. However, that's precisely why they should be paid. We drill down and come up with solutions that define and support our clients unique image in the marketplace. Design does affect a business’ bottom line.
I highly recommend that designers who want to open their own design firm talk with a few other trusted designers who've done it already. Ask them the pros and cons, what they've learned, what would they do differently, etc. The local small business development center typically has free workshops to help you plan setting up a small business. Read books on starting a creative business. Have plenty of savings in the bank. Network. Send thank you notes. Don't burn any bridges. Keep personal and business accounts, paperwork, etc. separate. Talk to an accountant about how much more tax you will be paying, realistically. Set up contracts for your projects. Never ever start a job without a signed contract and deposit. If you want to have your own firm, understand that working as a designer and running a design firm are two different things. Basically, you’re taking on a second job. Guaranteed it will be a lot more work than you think it is.
Having my own design business has drawn me into greater dependency on Christ. And it’s shown me how truly and consistently He cares about each one of us. Every day, it's walking it out, trying to stay sensitive to the Holy Spirit and follow His leading, trusting Him.
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