002 - How to Start a Design Business — with Frank Shi

The Futur with Chris Do

The Futur

Arts, Education, Marketing, Design, Business, Self-improvement

4.9 • 998 Ratings

🗓️ 10 September 2016

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What do you need to know to start and run a design business? Successful Business Man & Designer Chris Do imparts experience wisdom and knowledge on the most important issues entrepreneurs face when starting and running a business. Frank Shi, a smart, young entrepreneur on the verge of starting a motion graphics business, asks Chris Do the following questions: What are some common business mistakes entrepreneurs make in the creative business field? How do you effectively communicate with business partners. How do you negotiate fair terms? How do you sell your company/service w/o much experience to show? How do you write a mission statement: How do you communicate who you are and what you do in a sentence? How do you budget for unexpected things that go wrong in a project: How do you put together a bid? How to prevent your business from crashing & burning in the first year? Getting of the Runway. Pros and Cons of running a brick and mortar operation vs. running a fluid, mostly remote team? Team Building. How to do Management. How to create Company Culture, How to inspire the team? Learn more about your ad choices. Visit podcastchoices.com/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello and welcome you are listening to the future podcast.
0:13.7	This is where we talk about the business of design and the changing landscape of what it takes to be a design professional in the 21st century.
0:21.1	I'm your host, Chris Doe. I'm a brand strategist, Emmy Winning Director,
0:26.4	consultant, teacher designer, entrepreneur, and YouTube hosts. But this isn't about me,
0:30.9	it's about you, your goals, challenges, pains and gains in your personal and professional life.
0:36.0	I've learned a few things in running a creative agency for the last 21 years in one of the most competitive markets, Los Angeles. My hope is that I can make your
0:45.8	transition into creative entrepreneurship a little easier. Today I want to dig into our
0:52.1	archives and share a popular episode from our YouTube channel.
0:55.0	You'll be hearing these from time to time as we have over 100 episodes recorded. A former intern of mine and a motion graphics designer and 3D artist Frank She stopped by the studio.
1:10.0	He had a lot of questions about how to start and run a design business.
1:15.0	So let's give everybody a little context about what you're doing, Frank.
1:20.0	Talk to me.
1:21.0	So I've been giving this unique opportunity to have a partnership with a Chinese production company and they have a lot of clients under their belt that's looking for high quality CD production.
1:30.0	Mm-hmm. My partner has come to me because a lot of international brands are using China as their main point of sales and they wanted to keep that kind of production domestic.
1:40.0	And what's your background? My background is I graduated from Otis College
1:44.8	Argyz-Dine with the folks in digital media. When did you graduate? Two years ago
1:49.6	so that's 2013? All right, cool.
1:52.9	So just two years, barely.
1:54.6	Summer is almost over.
1:56.0	All right, so let's get right into the questions
1:57.8	and let's see how we do.
1:59.0	This is kind of unrehearsed, so let's roll.
	...

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