Tag Archives: self employed

Encore! When Should You Quit Being a Personal Historian and Move On?

I spend time here encouraging and supporting full-time professional personal historians.

But what about those of you who may be wondering if it’s time to give up being a personal historian all together? Remember there’s nothing wrong with quitting.  I wrote about giving up in a previous post Stop With The Productivity Pitches!

I’ve changed careers at least four times in my life. From my experience here are the clues that tell you enough is enough…Read more.

Encore! Do You Want To Be a Successful Personal Historian?

Why do some succeed and others fail? In a word – persistence.   It’s that ability to get knocked down, pick yourself up, and keep going. Success of course is entirely in the mind of the beholder. Success to one person is failure to another…Read more.

Encore! 16 Penny-Pinching Ideas to Keep Your Small Business Afloat.

Are you struggling to survive in these tough economic times? I’ve been self-employed for 30 years and know what it’s like to keep going through lean years. If I’ve one key piece of advice, it would be to watch the small stuff. You’d be surprised at how a few dollars a week can add up over a year.

Here’s are 16 penny-pinching ideas worth trying…Read more.

Encore! The Best Advice Ever for a Personal Historian.

If I were able to go back to when I began as a personal historian, what’s the best advice I could give myself? Here’s what I’d say…Read more.

Encore! How to Start and Run a Personal History Business.

I’ve just finished Jennifer Campbell’s recent book  Start and Run a Personal History Business published by Self-Counsel Press. If you’re thinking of making personal histories a business, you owe it to yourself to get this book. Jennifer knows her stuff. She’s been a professional personal historian since 2002 and prior to that had a 25 year career as an editor, writer, and interviewer… Read more.

10 Common Mistakes to Avoid When Starting a Personal History Business.

When I  launched my first business venture as a documentary filmmaker over 30 years ago, I wish I knew then what I know now. It would have saved me a lot of grief. I’m older and “somewhat” wiser now and hope that these lessons learned from the trenches will be of help to you.

Here are 10 mistakes to avoid.

1. No savings.

Don’t do what I did. I catapulted myself into the world of independent documentary filmmaking without a dime in the bank. It was gutsy but unwise. I spent several years, desperate and struggling.  Getting a personal history business up and running is going to take at least a year or two of hard effort. Give yourself some peace of mind by knowing that those lean years are covered by your savings. You’ll sleep better at night. 

2. Not charging what your worth.

Lowering your rates in the hopes of landing a contract is a recipe for failure. Once you’ve set low rates, it’s hard to increase them.  You’ll end up not making enough income to support yourself. Overworked and burned out, you’ll eventually give up. Remember you’re a professional with years of experience. Being underpaid does nothing for your self-esteem and nothing for your business.

3. Choosing the wrong business partner.

This is another mistake I made. I spent too much of my emotional energy resenting the fact that my partner wasn’t carrying a fair share of the business load. After a year I got out of the partnership and never looked back. Don’t get me wrong, a business partner can be a great asset but choose wisely.  Look for someone who shares your values and can assist you in areas where you’re deficient.

4. No contract.

You don’t have to produce a “door stopper” legal document. But minimally you need a letter of agreement to avoid complications.  The agreement include a project description, fees, timelines,  and terms of payment.

5. Failing to say ‘no’.

When you’re starting out, it’s tough to say ‘no’ to a low paying job or to say ‘no’ to a troublesome client. You reason that working for something is better than nothing. But time spent laboring for ‘peanuts’ means missed opportunities to land some major contracts. And just because you’re starting out, doesn’t mean you have to  suffer the “client from hell”.

For more on saying ‘no’ check out my previous article The Power of “No”.

6. Doing everything.

I’ll admit I still tend to try and do everything. And part of that is okay. What I like about being a personal historian is that I get to wear different hats.  But  doing everything becomes counterproductive when you take on tasks for which you have little skill. For example, I’m not adept at bookkeeping which is why I have an accountant. And while I love graphic design and have a reasonably good eye, I would always hire a designer for a major book project.

Play to your strengths and hire out to manage your shortcomings.

7. Failing to keep detailed records.

Throwing receipts into a shoe box and then hauling them out at tax time is no way to run a business. I’ve done that! You need to keep an electronic record of your income and expenses on a monthly basis. This not only gives you a means of assessing the health of your enterprise but also provides  accurate records for your tax return.

8. Not putting money aside for taxes.

I know from experience this can be tough. If you’re barely able to pay your bills, setting aside money for the tax man seems like a non-starter. But getting to the end of the year and finding you have a tax bill of several thousand dollars and not a penny to spare is devastating. It can lead to bankruptcy or giving up your dream to take a  job to pay your taxes.

9. Failure to devote enough time to marketing.

Most personal historians I know would rather be cast off on an ice floe than market their business.  Including me. But the truth is that unless people know you exist, they won’t be able to hire you. And your business will fail.

The start up for any business requires extra marketing effort. This means more than putting up a web site, printing business cards, and sending out a press release. The trick is to get out of your office and go where you’re clients are likely to be found.

Here are some previous articles I’ve written that you might find useful:

10. Pretending to be something you’re not.

When you’re starting out, it’s natural to feel vulnerable. You worry that people won’t take you seriously if they know you’re a one-person operation. So there’s a temptation to create a “corporate” identity that projects an image of “we” rather than “I”.   But honesty is the best policy. It builds trust. In today’s world of box stores and indifferent mega corporations, your strength is the personal, caring attention you bring to your clients. Be proud to be a solopreneur!

Also, don’t pretend you’re multi-talented if you’re not. If your cash flow is drying up, it’s tempting to take on a lucrative project even though you’ve little or no expertise to pull it off successfully. You’ll end up with disappointed clients and bruised self-esteem.

Conclusion

Avoiding these mistakes won’t guarantee success. But they’ll make your start up more enjoyable and less likely to fail.

What are some of the lessons you’ve learned the hard way? Please share them. Your experience will benefit all those newcomers to the personal history business.

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Photo by mischelle

Encore! Worried About Paying the Bills Between Major Projects?

What do you do when you’re between major personal history projects and your bank account is dwindling?  If you’re like me, this can be a stressful time. One solution is to look for smaller projects that can be done relatively easily and quickly to tide you over.  Here are a few things I’ve done… Read more

The 3 Keys to a Successful Personal History Business.

A successful personal history business is like a three-legged stool. Take away one leg and you fall on your butt.

So what are the three legs? Simply put, they’re passion, perseverance, and planning or the 3P’s as I like to call them.

1. Passion

Merriam-Webster defines passion as a strong liking or desire for or devotion to some activity, object, or concept.

You’ve got to have a strong desire to tell people’s stories. It’s what makes you want to get up in the morning and get to work. It’s what gives you that extra boost to push you through the hard times. And believe me, there will be hard times.

Without passion you’ll find your work  becomes a chore. Your lack of enthusiasm will inevitably lead to fewer and fewer clients finding their way to your door.

Passion is the juice that keeps you going.

2. Perseverance

Perseverance is that ability to keep going in spite of setback and difficulties. It gives your passion its backbone.

Research from the U.S. Bureau of Labor Statistics suggests that “most failures of American startups will occur in the first two years of their existence.”

If you’re expecting to turn a profit within a year, you’ll be sorely disappointed. It’ll take at least two years or more to get your personal history business up and running.

Without perseverance it’s all too easy to give up when the going gets tough.

3. Planning

Planning is an unnatural process; it is much more fun to do something. The nicest thing about not planning is that failure comes as a complete surprise, rather than being preceded by a period of worry and depression. (Sir John Harvey-Jones)

There’s wisdom in Sir John’s  tongue-in-cheek put down.  It’s true that  doing something is much more fun than planning. That’s why I suspect many small business owners don’t have a business plan.

But if you don’t have a business plan, it doesn’t matter how much passion and perseverance you have, you’re rudderless and you’ll almost certainly run aground.

I’m not suggesting you have to take a year to write a 40 page monster plan. What you need is something that’s relatively simple. According to WiseBread your plan should address such questions as:

  • What’s my product or service?
  • Who are my clients?
  • How will I reach my clients?
  • What are my goals over the next 3, 6, and 12 month period?
  • What are my fixed, variable, and capital expenses?
  • How much do I have to charge to make a profit?

For more help on planning check out these resources:

Conclusion

I see newcomers who go into the personal history business, full of passion for helping people tell their stories. This is  good but it’s not enough. It’s just one leg on our three-legged stool. Without the other legs of perseverance and planning some of these same people sadly give up their dream.

What leg on your personal history stool is wobbly? Please share your thoughts by writing a line or two in the comment box below.

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Posts That Got You Talking.

Thanks to all of you who took the time to comment on my articles. Here’s my  yearly roundup of the posts that generated the most comments. These aren’t necessarily the articles that received the largest number of viewers but clearly they got people talking.

For those of you who may have missed them, here’s your chance to see what caused the flurry of comments. If you’ve already read them and didn’t comment, it’s not too late to join in the discussion! ;-)

  • The Cluttered of The World Unite!   “We seem to be inundated these days with exhortations from neatness mavens to declutter and organize our lives for a happier and better tomorrow. The implication seems to be that a cluttered existence is a sign of failing.”
  • The Power of “No”. “The “N” word has a bad reputation. It’s seen as negative and mean. Many of us find it hard to say. But saying No will help you not only with your work as a personal historian but also with your life in general.”
  • Why Are You a Personal Historian? “I came across this Annie Dillard quote the other day: “How we spend our days is, of course, how we spend our lives.” It got me thinking.”
  • 12 Key Tips for Successfully Working Alone. ” I’ve been self-employed  for twenty years. I’ve loved being my own boss. But it hasn’t been all sunshine and roses. There have been some real challenges and some hard slogging. Over time I’ve learned some things about working alone  and I’d like to share them with you. “
  • If You Don’t Like What I Charge, Too Bad! ” Those of you who’ve been following my blog know that I periodically  have the need for a good “old-fashioned” rant. It’s kind of therapeutic. And I like to think that perhaps I voice some of the same frustrations that you experience. So hang on to your hat, here’s my latest!”
  • Eight Lessons My Mom Taught Me About Marketing. “My mom is ninety-two and a wise woman. She never had much schooling but she earned her doctorate at the university of life. She has a homespun wisdom that on reflection has taught me some vital marketing lessons. Here they are:”
  • How Old Letters and Recovered Memories Bring Satisfaction and Hope. “Last week I was doing some spring cleaning and came across a collection of letters I had written to my parents some forty-five years ago. At the time, I was a young man teaching in Ghana. After University I’d joined CUSO, a Canadian voluntary organization similar to the Peace Corps, and had been assigned to the West African country for two years. I’d asked my mother to keep these letters as a partial record of my experience.”

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Photo by iStockphoto

Encore! The Best Advice Ever for a Personal Historian.

If I were able to go back to when I began as a personal historian, what’s the best advice I could give myself? Here’s what I’d say… Read more.