(This post originally appeared on WinklerGallery.org in 2018, written by Craig Inzana, Previous President of the Board of Directors and Artist Member of the Winkler Gallery & Art Education Center.)
The State of The Arts in DuBois was a radio show with Joe Taylor of Connect FM, Deb Grieve of the Reitz Theater, Jessica Weible of The Watershed Journal, and Craig Inzana of the Winkler Gallery & Art Education Center recorded in July 2018. They discuss what the arts are like in our small town, rural region.
When helping a fellow business owner put together financial projections so that she could apply for a loan, I realized how this important step is often overlooked. When Chelsea from Business Pop reached out to write this post on the topic, I was happy to accept.
Financial projections are the foundation on which businesses run. These projections encompass current and future income and expenses, representing the business’ present condition and expected growth. In this article, we’ll explore the importance of financial projections and how to accurately create them for your business.
When do you keep pushing and when do you say enough is enough?
This podcast episode bit of a post-mortem on Craig Inzana Media LLC as I continue to transition into fulling throwing myself and those resources behind Beeso Studio.
About six months ago I was approached by Michael “Fritz” Fritzius to talk about my entrepreneurial journey with Craig Inzana Media on The Hot Mic Podcast by Arch DevOps.
Over the last few months I made the tough decision to leave Craig Inzana Media behind to dedicate myself fully to the marketing department at Beeso Studio. I had been trying to do both for about a year and started to lose direction in my own business.
After losing some big key accounts due to the pandemic, I had to let a lot of the team go and was working on a bare-bones crew of contractors by the end. It just wasn't working for me.
Michael and I go deep into what it feels like to make that decision and why I think it was the right one to make at this time.
We also talk about remote work and why I got into building up a marketing agency for myself in the first place.
Listen above and feel free to share.
- Excerpt from Be Patient, Be Present, Be Joyful: A First-Aid Kit for the Emotional Bumps, Scrapes, and Bruises of Life by Ryan Stanley.
Ryan was recently a guest on the Happy You Are Here podcast. His energy and enthusiasm for topics of creating a joyful life were incredibly inspiring.
If you like podcasts, I highly recommend listening to the episode in the video below.
If you prefer to read, pick up his book (the print version or the free PDF version) on his website.
My business has been going through a lot of changes lately. Earlier this year, I left a full-time marketing position to pursue freelance video editing full time.
Pretty quickly, I realized things weren't working. In a matter of weeks, I felt utterly disinterested in the work. It felt like the quality was suffering.
So I started hiring some of the creators I know that do great work. They nailed it, but the profit margins still weren't making me enough even to scrape by. I refuse to deliver shoddy quality work, so I'm not going to outsource to the cheapest bidder.
Scalability with freelance is an issue too. The only way to grow a freelance business is to turn into an agency by hiring more people or raise your rates significantly. It's just not a game that seems like it would play out well.
So I've spent the last few weeks trying to separate my past interests with a plan to take advantage of my strengths. Here are some of the insights I've come across.
difference between interests & STRENGTHS
It's essential to notice and get real about the difference between interests and strengths.
I have a ton of interests. Painting, music, video, writing. That doesn't mean those are right career paths for me.
Some experts might disagree, but it's not a closed debate by any means.
Months ago, I saw a video by Improvement Pill about "The Japanese Formula For Happiness" called Ikigai. The idea struck me pretty hard as the reason following passion alone wasn't working out.
The idea is that true fulfillment can come when you're spending your time doing something that you are good at, society needs, you can be paid well for, and you enjoy doing.
The trouble is figuring out what you're good at, what you can be paid well for, and what society needs. The only way to figure out what you enjoy is to try a bunch of things.
At this point, I already know the kinds of work I enjoy (luckily it's a lot of different things). I keep running into the issue of something I can objectively know I'm good at, get paid well for, and society needs.
Discover Strengths Objectively
Humans aren't exactly good at discovering objective truths about ourselves without outside feedback.
There are three main ways that I went about looking to find what were objective strengths in my work so that I could refocus my work in these areas.
The obvious way is to ask your clients.
I sent out a text to a few of my clients that I know are pretty thoughtful people.
You could do this via a long email explaining your thought process. You could send a survey. In my case, I just sent a text asking, "From working with me so far, what do you think my biggest professional strength is?"
There were a few different responses I received. None of them had anything to do with my creative talents or skill.
More or less, they all summed up to Communication, Strategic Thinking, and Creative Problem Solving.
Cool. Now let's see what the people who do work for and with me think.
Think of collaborators broadly. For me, that was a few co-workers from past jobs that I worked with closely AND some creatives I've worked closely with over the years.
The text was the same, but obviously, you can vary that up to reflect the specific circumstances of your working relationships with these people.
Again, not one responded with anything related to creative talent. One did say "You're incredibly talented" but wasn't able to describe what specific talent to which they were referring.
The takeaways were Decisive Problem Solving, Clear Communication, and Idea Generation.
There was still a feeling that there might be some personal biases at play here. You'll never be able to remove those entirely. This last one was about as objective as I could get.
We're all familiar with personality tests by now, but I'm not talking about something like the Meyers-Briggs here. Those can be useful for containing personality traits and learning how to work with others, but I didn't feel that reflected a work-scenario.
Back when I worked at Priority Communications (which is a great place to work by the way), they had some of us take the CliftonStrengths assessment — formerly Clifton StrengthsFinder.
I'm oversimplifying here, but basically, it's a long assessment that will result in a ranking of 34 potential strengths. The ones we want to focus on are the top 5 of those strengths.
My top five were:
You might notice that these don't sound like the strengths of a creative, do they?
No, they don't. These line up pretty perfectly with the responses I got from clients and collaborators.
Hopefully going through this process can lead you to identify the common strengths as well.
Why this matters?
Except for maybe Ideation, these sound like a different person than the professional creative I was trying to portray through my business. That's a problem.
Why is that a problem?
If someone hires you because you "sell" yourself as a particular thing, they expect you to deliver that person. If you turn out to be something entirely different, they're not going to be happy.
You'll probably stumble on some people that didn't know they needed someone like you. That's happened to me a lot-- luckily.
Still, a lot of this explains this constant sense of Imposter Syndrome, I feel when I'm doing paid creative work.
The only time I don't feel like an imposter is when I'm sitting with a client, addressing their business issues, and helping them develop a clear strategy to move forward.
If you’re searching for a company to help you manage your digital marketing then you probably do plenty of research on them first... or at least I hope so.
About two years ago I was searching for a digital marketing agency to work for and I started to recognize a strange trend: digital marketing companies don’t keep up with their own digital marketing.
Not only was this discouraging from an employment standpoint, but I also imagined how a company or person looking to use these agencies would feel if they did their research.
I'd give some examples but I don't want to effect the reputation of some very good companies. This isn't to say every digital company does this, but service-based agencies seem to be the biggest culprit. Myself included.
If you happen to find yourself on Priority Digital's website (the company I work for), and go to the blog tab... you'll only find two posts. They were both from February of 2018.
I made those posts when I started in my current position and my assumption was that content would be an important part of our sales strategy.
It turns out I was wrong.
Content is important. However, getting client-content finished is more important. When you're a small company of only a few employees and don't charge enough to outsource everything (or don't want to for service reasons), writing your own content falls lower and lower on the priority list.
The only time I write articles or make videos now about digital marketing is in the late evening (like when I'm writing this). That time isn't always the most productive for me, and not only does the quantity suffer, but sometimes the quality of the output isn't up to par for what I expect either.
To check in on my own content creation, I did some research. Over the last two years, I marked down how many pieces of content I created for my own websites vs. my client's websites.
This graph includes this website, videos on my YouTube that are business-related, Priority Digital's blog, and www.Sideline-Pictures.com (the movie company that Vincent Barnard and I make movies through).
My client list is changing and growing constantly, but on this list it includes 7 different websites that I currently create or help create content for on a monthly basis. It also includes the WinklerGallery.Org site that I manage.
The trend wasn't as dramatic as I had assumed, but this may be due to my spurts of creative inspiration where I create content like a mad-man for a few weeks and then disappear from the internet for a few months.
That same strategy doesn't work for my clients-- obviously-- so their content output is much more consistent.
What are your thoughts?
Have you noticed this or disagree with me completely?
Do you care if your digital marketing consultant or agency practices what they preach?
Comment down below or @craiginzana on Twitter.