Profits differ from net income, and no where is there clearer than for small business owner-operators, artists, and creatives. Just because you have a certain amount of money left over after covering expenses doesn’t mean you’ve made profits. Why? Because you have to factor in the cost of your labor and the risk you took and so after factoring that in, millions of small businesses and artists and creatives are operating with little to no profit. However, it doesn’t have to be this way and so we wanted to create a space where sharp entrepreneurs and creatives could come together and discuss the challenges to profitability and potential solutions. If you have something valuable to add to this conversation that can help others achieve profitability, please reach out to us as we want to get your ideas in front of our readers.
Elizabeth St. Hilaire
The biggest challenge in making a profit as a fine artist is understanding how to market yourself. Artists can be incredibly talented in their work, but unable to make a living because they don’t know how to sell themselves. Read more>>
Evan Kelly
Starting out as a photographer/videographer in the music industry can be tough because most of your clients are friends or referrals, and you probably don’t have a very diverse portfolio to show your worth. Read more>>
Rachel Song
As a brick-and-mortar store owner, one of the biggest challenges to profitability in the small retail industry in New York, as in many other places, is the intense competition from larger chain stores and online retailers. Read more>>
Nathan San Miguel
When it comes to professional videography or photography, profitability can vary greatly. Some creators achieve significant success in their journey, while others struggle to generate leads. Read more>>
Ashlee Tate
In the Nonprofit or Social Entrepreneurship industry one of the biggest challenges to profitability in our the actual word “NON-profit”. Read more>>
Tyler Carnie Sasser
Online businesses are at a growth rate like no other. Everyone wants to start a “Merch” or “Online Apparel” business as a quick money making opportunity, it’s not. Read more>>
The Styled Hause
Interior design is a luxury, not a standard! This is a statement we lead with when embarking on consultations with new clientele. Read more>>
Deida Massey
One of the biggest challenges to profitability in the beauty industry is intense competition. With numerous brands and products flooding the market, standing out and maintaining margins can be difficult. Read more>>
Joseph Lednicky
The art gallery business is very cyclical and is a good sign of the economy’s direction as art is often viewed as a luxury expenditure = when the economy is doing poorly, the sales of art decreases. Read more>>
Linda Magnavita
When considering the Interior Design industry from the outside, particularly our niche in Multi-Family Amenity Spaces, it’s easy to assume that high-end projects translate directly to high profitability. Read more>>
Lana Mattice
I believe that there is a ton of revenue to be made in the video/filmmaking/content creator space. However, I still see many creatives struggle to meet their income needs. Read more>>