Category Archive "Photography" - page 8

Your Photo Business Money Isn't Your Money

Your Photo Business Money Isn't Your Money

Today, I wanted to speak about personal finances of a self-employed person – photographers, artists and freelancers in general. I started Visual Watermark as a part-time project while working with my ex-employer DevExpress Inc. It was fun and easy side-project since it yields small but steady revenue and didn’t require too much effort to support it. This year I left my day job to fully concentrate on my side-project.

This move gave me an opportunity to do what engages me a lot and still much more flexibility to spend time with my small baby. On another hand, it cut our revenues in half. I don’t have “extra” money anymore, money to buy a trip to the ocean without putting aside for a few months or money that I can put into business development if necessary. I still had enough to pay my expenses but no penny above that.