The Futur with Chris Do

002 - How to Start and Run a Design Business — with Frank Shi [Rebroadcast]

Aug 17, 2020
Dive into the timeless principles of running a design business, where crucial topics such as pricing strategies and client engagement are explored. Learn about common pitfalls for new entrepreneurs and the importance of transparent communication. Discover how to craft a compelling mission statement that prioritizes customer value. Navigate the challenges of budgeting and remote work while fostering a strong company culture to retain talent and enhance work-life integration. This insightful conversation is a must-listen for aspiring creative business owners.
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ADVICE

Sales and Marketing

  • Prioritize sales and marketing in your creative business.
  • Robust sales fund company operations and creative freedom.
INSIGHT

Two Ways to Make Money

  • Make money by bidding high to build profit or by spending less on production.
  • Focus on what you keep after expenses, not just revenue.
ADVICE

Address Concerns Upfront

  • Discuss concerns about schedules, budgets, and tricky requests upfront with clients.
  • This fosters professional communication and avoids later issues.
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