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I'm going to give up my studio. The lease expires soon and the landlord wants to increase the rent (quite a bit) and I just don't see how it makes sense for me to sign another lease.
The studio itself never pays for itself, at least in terms of what I can invoice for its use not counting what I might get paid for my services. The monthly expenses to keep it are in the neighborhood of $2500 a month. With the kind of rent increase the landlord quoted, add another few hundred or more to that. By the way, the landlord claims he already has someone who wants to take the space at the new rate and this new, prospective, tenant won't cost him the usual commission from his real estate people. (Who, for the most part, find him his tenants.) "It's all about the money." That's the words he used when explaining this to me.
The majority of my personal income comes from bookings that are outside the studio, e.g., locations, other studios, etc. The paid gigs that come into the studio don't cover the monthly expenses and, when they occasionally do, it's not by much. There's no net gain to me keeping the studio and, if I stay, it's going to operate, regularly, at a greater loss considering the rent increase.
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This is the part of the business I hate the most-- the business part. I'm not very good at "business" and that's probably because I simply don't like it. What I like is shooting. That might sound Peter Pan-ish but that's how I am. For me, it's not just about the money. I think it's great that I can make a living doing what I truly enjoy but I'm not driven to take that to another level, business-wise that is. I'm so passionate about this thing I do that it often trumps good business decisions and, more often than not, not to my benefit. (At least, from a business perspective.) I think, this time, I need to make a good "business" decision and not let personal considerations get in the way.
I apologize for this post not being about glamour photography. (And being something of a bummer-- certainly for me it is.) Writing about stuff that's happening in my life is how I often work these kinds of things out or, at least, to help convince myself I'm making the right decisions.
The pretty girl images accompanying this doom-and-gloom post are of Alexa Lynn from a month or so ago. I captured them at one of those bookings that did not take place in my studio.
7 comments:
I'm sorry to hear about your landlord situation, but hope that it will lead to new and better things for you. At least you have some alternatives in the works.
On another note, have you been to http://hotelroomnudes.blogspot.com/ ?
thanks bill. and great blog! thanks for the link.
Hey jimmy, too bad about the moneygrubbing landlord. :\
I just recently started building my studio up again after months of just location work..(i had the same problem you did, rent got increased way too much..)
Best of luck bro!
-peter pan
thanks ravn. imo, the rent was too much to begin with but i had a partner in it back then who, sometime ago, left the picture and also left me with all the expenses. so it's become even more burdensome, financially, for some time.
ya gotta do what ya gotta do, right? i guess that holds for the landlord as well.
I totally understand the hating the business part I have been shooting lots of weddings and love that part. But the "business" part is too consuming.
Sorry to hear the problems you are having, but I've enjoyed reading about your adventures in photography and video and this is the side of the story that most people don't like to talk about. I would really like to see you do a book on glamour lighting with all of the advice and comments you've given here and on G1 or one of the life of a photog. Good luck in finding a good resolve to the issues your sharing. Mike
Man that stinks. I'm actually meeting a landlord today about the possibility of me renting some studio space. I know I'm looking forward to getting out of my garage. Yeah, some one who actually does "garage glamour", I know! Hope you find suitable arrangements quickly.
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