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high. Sometimes the price tag alone can have you rethinking your decision to go solo.
Another important consideration, says Kim Diaz, is having some work experience under your belt before going out on your own. “Having worked in different environments gives you an inside view of how businesses are run, the good and the bad aspects,” she says. When you work for yourself, it’s not just about being creative, or being good at your job, “You have to deal with the business side of your business all the time which means, if you don’t work, you don’t get paid,” Diaz says.
Carl Dene, a graphic design graduate of The Art Institute of California — Los Angeles and owner of Vision Design Studios says the decision to start his business was a natural outgrowth of his experience during design school. “I worked as much as I could while I was in school, taking on many pro bono projects for no or very little money,” says Dene. Gradually those same businesses began asking him to take on larger projects for pay.
Although Dene now has three employees and his business is well established, he can still remember the scariest part of being on his own. “When you’re a new business, it’s hard to buy on credit to pay for start-up costs. You have to be prepared to spend cash, and lots of it,” he says. Dene’s words of advice for anyone launching their own business are “take on only what you can accomplish well, build slowly, and be willing to learn along the way.”
For more information on starting your own business, visit the Small Business Administration Web site at http://www.sba.gov/stflrting_busines8/index.html.
—Courtesy of ARA Content
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