Bootstrap it. It will take longer but you won't have to give up any control to investors. You seem like you're in a great position. I'd bootstrap the entire thing until I got big enough that someone wanted to buy me out. And I'd let them.
DogKnowsBest
joined 11 months ago
Anybody that actually signs a NNN is a fcuking idiot and their business should fail because of it.
I am 58. I am finally on the cusp of success. It's been a ride, and it's been a bit rough, and it's been quite discouraging at times. I've retooled/refocused my company 3 times. But Q3 of 2023 changed the game and I'm poised to have a monster year in revenue, profit, and overall growth in 2024 and we don't see this trend slowing down anytime soon. Most people at age 35 can't even consider themselves "seasoned" yet. Most of your adult life is ahead of you, not behind you. You're just now "getting ready to get serious". ;) Keep going forward. That's all you can do. Keep going forward.
They're not wrong, but that doesn't mean they're necessarily right either. As a marketing company, we walk a fine line between keeping copyright on digital assets and transferring to the client.
In the simplest form, take a logo. There's no question that when build a client the logo that will be the face of their company, we transfer ownership (copyright) to them. That only makes sense. In my instance, I carry that a bit farther in that when we design other digital elements for our clients, we also transfer ownership. Like brochures, business cards, signage, etc. because it all ties in and they should be able to use it how they see fit forever because they've paid for it.
So now to the photography. I fully understand a photographers right to not relinquish copyright. But I there there is an ethical boundary that needs to always be considered. And that is when a photographer is hired to shoot an event. Or to shoot a new product launch. Basically all "work for hire" scenarios. You're being paid to shoot very specific things. The client needs to know that they can use the outcomes of that event in any way possible, at any time, for any reason. Because it's their product. It's their branding. And no outside party should have a continual interest in that.
Charge appropriately and see if you get hired. But if I'm wearing the hat of the client, I'm going to require ownership of the assets I've hired you to deliver.
I think you forgot a zero.
A photographer shooting expensive (or otherwise) would very much need to carry a general liability policy. What if photog bumps camera into the side of a $250k Porsche and does $10k in damage? Or more.