Another gem dropping vid... out here for the community and not just yourself!! If you're starting a business congrats and strap in for the ride, it's a roller-coaster of emotion. I want to add my 2 cents on a couple things lol. 1. Taxes - start a separate savings account that has interest rates. Straight away put the percentage of tax into that account. Come tax time you have the money there PLUS a little extra as it's been gaining interest. Extra profit. 2. Wholesale supply - Ask companies who's product's you use for a wholesale price list and buy in volume. You can sometimes save up to 50% from list price. Extra profit. 3. Government grants - find out what business grants are available from your government and local government. You would be surprised at the amount of help you can get from the gov for small business. Extra profit. 4. Don't give up. Push yourself like you have never pushed before. Hardwork always pays off at the end. Listen to your body though and rest when it's needed. Mental profit. Thanks again for all your efforts Sean, who the streets call Color Me Fresh.
Yea I plan on being a full time customizer but not a full time shoe customize but not someone who only does simple easy I'll be versatile as I am with everything I will do anything from home decor to sneakers I'm already in my process to open the llc omg it's so tuff but this helps so much thank you so much
These are the types of things that I've been thinking about for the past 3 weeks. I'm still new to opening a business account for myself and how taxes work but I'm taking some time out of my week to learn a little more and more about it. As for being a 1 of 1 artist, there's beauty to it. What I can't stand is when another customizer tell me I can't charge what I am charging for my customs. These customizers could be producing the "same design" for a lower rate at higher quantities but if I'm honest, their quality isn't always there and they're often, in it for quick money. I mean good for them. I'm not here to criticize. I'm just saying it would be nice to know and educate them on the difference between a customizer and a 1 of 1 artist. Quick note, shout outs to you for that! 👏🏻 Also, for the long run and your reputation to stand out, like you said, I have noticed that these customizers do go at war with one another for lower rates too. Its not worth sacrificing my sanity so its something people have to consider when they're starting out their customizing journey. Nothing is ever easy but your "WHY" would be your biggest influence. The 1% of my audience that I'm targeting, often, wants a custom that someone else doesn't have and for me to make it 1 of 1, that gives them more comfort and knowledge on why we, 1 of 1 artists, get to charge $1000 + for our customs. For that, I value my time and my creativity more. This allows me to build better relationships with my clients without rushing and gain more respect from the community as well. I am not a machine. I'm an ARTIST 👩🏻🎨
Another gem dropping vid... out here for the community and not just yourself!!
If you're starting a business congrats and strap in for the ride, it's a roller-coaster of emotion.
I want to add my 2 cents on a couple things lol.
1. Taxes - start a separate savings account that has interest rates. Straight away put the percentage of tax into that account. Come tax time you have the money there PLUS a little extra as it's been gaining interest. Extra profit.
2. Wholesale supply - Ask companies who's product's you use for a wholesale price list and buy in volume. You can sometimes save up to 50% from list price. Extra profit.
3. Government grants - find out what business grants are available from your government and local government. You would be surprised at the amount of help you can get from the gov for small business. Extra profit.
4. Don't give up. Push yourself like you have never pushed before. Hardwork always pays off at the end. Listen to your body though and rest when it's needed. Mental profit.
Thanks again for all your efforts Sean, who the streets call Color Me Fresh.
Appreciate the extra tips bro. Couple I didn’t even thank about. You the man big homie.
@@ColorMeFresh im the man you're the king haha.
Whatever hoops the gov want ppl to jump through for those grants, jump.
@@joshuadreha6304 ima be on the lookout bro
Yea I plan on being a full time customizer but not a full time shoe customize but not someone who only does simple easy I'll be versatile as I am with everything I will do anything from home decor to sneakers I'm already in my process to open the llc omg it's so tuff but this helps so much thank you so much
Straight forward truth and very much down to earth Sean!!!!! Rocking your shirt daily at work!!!!
Trying lol appreciate it a ton Elena
These are the types of things that I've been thinking about for the past 3 weeks. I'm still new to opening a business account for myself and how taxes work but I'm taking some time out of my week to learn a little more and more about it.
As for being a 1 of 1 artist, there's beauty to it. What I can't stand is when another customizer tell me I can't charge what I am charging for my customs. These customizers could be producing the "same design" for a lower rate at higher quantities but if I'm honest, their quality isn't always there and they're often, in it for quick money. I mean good for them. I'm not here to criticize. I'm just saying it would be nice to know and educate them on the difference between a customizer and a 1 of 1 artist.
Quick note, shout outs to you for that! 👏🏻
Also, for the long run and your reputation to stand out, like you said, I have noticed that these customizers do go at war with one another for lower rates too. Its not worth sacrificing my sanity so its something people have to consider when they're starting out their customizing journey.
Nothing is ever easy but your "WHY" would be your biggest influence.
The 1% of my audience that I'm targeting, often, wants a custom that someone else doesn't have and for me to make it 1 of 1, that gives them more comfort and knowledge on why we, 1 of 1 artists, get to charge $1000 + for our customs.
For that, I value my time and my creativity more. This allows me to build better relationships with my clients without rushing and gain more respect from the community as well. I am not a machine. I'm an ARTIST 👩🏻🎨
Yea I my wife helps me with alot of the stuff. She is the brains. And I couldn’t have said it better, I love being a 1 of 1 artist.
@@ColorMeFresh she's a gem. I got a long way to go lol
My new favorite TH-camr.
Ayyy that means a lot bro. Thank you
Keep the videos coming 🤙🏾
Yesssir
Love the info G 👌🏾
Yessir brotha
This video was crazy helpful/inspirational my guy 🙏🏼🙏🏼🙏🏼 Thank you!
No problem bro. 🙏🏾
First
My mannnnnnnnnnn
🤣
Appreciate the information
💪🏾
Amazing advice. Much appreciated 🙏🏾🔥
Thank you brotha
Facts on facts on facts!!
Appreciate it brotha.
I’ll keep the 1 of 1 option. Great vid dawg💯
Same my bro. Appreciate it fam
My plan truly I'd never to do a simple custom or push a tom of sneaker at once I will only go by request only
Preach!!!
🙏🏾🙏🏾🙏🏾
Great video
The "Raggy" joke 😂