Managing your business

Creating perspective

In building your business, one of the cold hard facts that must be faced is how much time will be spent managing it. For some creative entrepreneurs this might come as a surprise.

If you are from a purely ‘creative’ background you may now be faced with learning a whole new range of specialised skills devoted to administration. The task list is diverse and unrelenting. The learning curve is steep and the demand on your time will sometimes seem overwhelming. It’s worthwhile recognising this as a reality check.

Creating a business, like creating a product, requires intensive effort. As a creative entrepreneur your professional responsibilities must now include not only the development of your idea but the building of the commercial vehicle that will carry it forward to success.

When writing a business plan you are aligning both your design idea with the business process and framework – the idea itself relies on this to ensure survival by providing financial existence, while the business is reliant on the idea to ensure unique, profitable demand in the market place. For a creative-lead enterprise this is the correct relationship and demonstrates that both aspects of the enterprise are equally important and balanced.

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Published 03 August 2009.

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Part magazine, part bulletin, part business resource, ADU is a publication and archive about design and creativity published monthly to encourage and support designers. ADU is an independent and strongly collaborative voice within the design sector with a broad network that connects designers from across the country to the resources they need. ADU is also a vehicle for workshops, forums and exhibitions produced to encourage discourse and develop skills around design, creativity, entrepreneurship and ideas. ADU collaborates with design institutions and existing initiatives to enable designers to develop new markets at home and abroad. ADU is a joint venture between Parcel and Studio Propeller.
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