March 15th, 2008 Dave Scott
Reader, Anthony, in Houston TX writes:
Dave
It seems to be a catch 22. I am on a shoestring budget and trying to get my photography business off the ground but I am not generating enough money to actually purchase the equipment that I need to do any studio type work. I’d like to buy studio lighting that I can take on location to do portraits and such.
When starting a new business it is important to fund said venture. In photography, I notice that many people believe that they can simply buy a camera and lens and go into business. Photography is no different than any other type of business. You need a certain amount of capitol and equipment in order to get started. And No, regardless of what you’ve read elsewhere, shooting portraits on location with available light with your one camera body and two lenses is not what I consider a photography business.
The way I got my business started in the early 80s was to drop out of college and go to work in a machine shop for 2 years in order to bank enough money to open a studio.
Let’s get back to Anthony’s question.
I emailed back and forth a few times with Anthony to find out a bit more about his situation. What I found out was interesting. Every weekday, Anthony buys two coffees and eats lunch at a restaurant. I did a quick check of what that would cost me in my area. Two coffees would cost me $3.78 and an average lunch would run me around $6.00 (I don’t eat large lunches). Essentially, if I did the same thing Anthony did, it would cost me $9.78 per day.
Now, let’s calculate what I actually do.
COFFEE:
I buy Starbucks Breakfast blend by the pound for $10.50. That pound yields me 36 cups of coffee. My cost per cup of coffee, including cream and sugar, comes to $0.43. My total cost for two cups of coffee per day is $0.86.
LUNCH:
I make my own lunch. I have a sandwich (some type of meat and cheese), chips or crackers, and a piece of fruit every day for lunch. My total cost for lunch is $1.43.
If I spent as Anthony does on coffee and lunch it would cost me $9.78 per day. I actually spend $2.29 per day for the same items. That saves me $7.49 per day. That’s a whopping $149.80 a month! Every two months Anthony could purchase about $300 worth of equipment.
Let’s take a look at what you can get with $300:
That comes to a total of $304.40. There is your photographic lighting equipment for a one light set-up. Make your purchase and get started learning how to use your new equipment. That means take it out of the boxes and try experimenting. Make mistakes and improve. For a look at business portraits that were shot on location and with one strobe visit one of my business portrait sample pages HERE. All images were shot with one strobe except the top, left image. Can you make money with a one light set-up? Absolutely, yes. The 11 images on that page were part of a 30 person business portrait job.
There are plenty of ways to tighten our belts to make our dreams happen.
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