Starting your own shop/studio/firm/solo-practice requires a different attitude and set of skills from landing a 9-5 job at an agency.
Each mode of working requires its own separate risks. A 9-5 job can disappear in a cloud of stock-induced pink-slips and marketing cutbacks. On the flip side, a lack of business experience or market factors can destroy a startup design business before it even has a chance to get going.
According to a US Census report entitled Business Success: Factors Leading to Surviving and Closing Successfully, of participants surveyed —half of new firms with employees and about a third of new firms without employees made it to four years.
Why did you choose to start a new firm/studio/solo-practice? Why did you choose to join the 9-5 workforce? How did you make that decision? What have been your experience, regrets, accomplishments, and epiphanies?
Resources:
1. 10 Rules of Cash Flow (paragraph 2 has reference to 80%)
2. US Census report: “Business Success: Factors Leading to Surviving and Closing Successfully”
+ Topic and entry posted on behalf of Gahlord Dewald
Man, graduates are getting all the attention this week…
I, personally, don't think they should — everybody is free to do whatever they want of course. Not because I don't commend or encourage entrepreneurship and being gutsy, but the amount of stuff that can be absorved in 1, 2, 3 years at a design firm is invaluable. Specially interaction with people (designers, vendors, clients, etc.) after being surrounded by other students during college. There is too much to learn from employers and higher-ranking creatives, passing on that opportunity (if it arises) negates the apprenticeship aspect of design — which can be rewarding if in the correct environment. There are many, many benefits to being in a 9 to 5 initially.
Obviously there is no better learning tool — even if hard — than throwing yourself in the water and see if you can swim. Starting a business must be hard, but millions of people have done it so it can't be that hard. If a designer has the itch (or the need) to open a firm or go solo: godspeed. But they might be passing on a real important experience of working in a design firm.
On May.13.2004 at 08:37 PM