ENTERPRISE + INITIATIVE Page 10 of 21

The M word (= Talking about money)

In a recent survey of a group of our readers, we asked “What is stopping you from taking the first step toward a life of doing what you love?”  And the answer (from more than 900 of you) was resounding. More than two-thirds of you (67%) answered “worries about money”.

And that wasn’t all. Nearly half of you (43%) answered ‘lack of confidence’, showing that so many of you share the same fears and obstacles.

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The good news? There are ways to deal with each of them, bit-by-bit until the walls come down. This is a huge topic, which we deal with in detail in the Do What You Love e-course, which starts on October 13. For now we are going to tackle these two major obstacles and answer some of your burning questions to help you get closer to doing what you love, starting today.

On the journey towards doing what you love, one of the big obstacles is money, so let’s look at this first. Many of you are, understandably, concerned about the major impact a change of career or lifestyle would have on your family and your finances.

The reality is that most of us really do need to bring in some money from somewhere. However, sometimes we have a tendency to think in black and white: ‘In order to do what I love, I need to quit my job, but if I quit my job I’ll be broke, so I have to stick with it — but while I stick with it I don’t have the energy or headspace to think of something else to do, and I just end up getting more frustrated and less motivated, but if I quit I’ll be broke…’ etc., and on it goes.

We encourage you to take a step back and have a look at your attitude to money. Consider your money mindset and journal your answers to these questions:

  • What is your view of money and what kind of relationship do you have with it? Why do you think that is?
  • What does financial security mean to you? Are your beliefs about security really true? (i.e. Is your ‘safe’ career choice really as safe as you think? Is a salaried position safer than working for yourself for instance? You won’t make yourself redundant.)
  • Is money the primary factor in most decisions you make about how to spend your time? If so, why is that?

There are many ways to do what you love, with some of them meaning that you earn money from doing it, and others meaning that you use the money you earn to allow you to do it.

Whether doing what you love means starting your own company, quitting everything and leaving on an adventure, finding a new way to generate income or simply finding more balance in your current situation, the best way for a smooth transition is planning. Doing what you love is a project – something you have to think about and map out. Not only will planning help you focus on what you want to do and how, it will also increase your confidence that you really can do this.

Your top 3 questions answered

1. How do I find enough money to start a new project?

It sounds like you already have an idea for a new project, which is great. That’s a major step in itself. And if you don’t know exactly what to do, why not give yourself a ‘test project’ (like a new adventure, or a piece of equipment to help you progress with something you are good at). Finding the finance to start it can be daunting, but you can break it down into some simple, practical steps.

  •  What will the new project cost to set up?
  • What will it cost to run until you get a decent return from it?
  • How much do you actually need in the bank to be ‘enough’ to live on while you get it going? What is the magic figure?
  • What income would you have to forego in the short-term to get the project off the ground?

(These figures might be scary, but at least you have your eyes wide open)

Now think about your current situation:

  • What funds do you have access to right now?
  • What other funds could you get access to if you really had to?
  • What income are you likely to generate over the next few weeks/months? (Your timescale will depend on the scale of the project you have in mind)
  • What value can you place on your skills, that you could exchange for things to help you do what you love?
  • Where can you cut back on regular spending for the next few months, and how much would that free up towards your project?
  • Where can you cut back on planned/luxury spending for the next few months, and how much would that free up towards your project? (For example, would you be prepared not to go on holiday this year, in order to get your project off the ground?)

(Looking at the detail helps you get REALLY clear on whether or not you really want to do your project!)

While doing this, you will also have to think about what money means to you. Changing your attitude to money can make a huge difference in realizing how much you actually need, both practically and psychologically.

2. How do I transition from a well paid job to a life doing what I love?

There is an idea that the change will be radical, definitive and happen overnight. When this does happen, it is usually due to something out of your control (like being made redundant), or an extreme situation (like work getting absolutely unbearable). Usually this is preceded by a painful, stressful or worrying time. So why wait for that?

Take control, and plan your own escape. The more you plan your transition, the smoother it will be.

Firstly, get really clear on your current situation. What really makes you unhappy in your job? Is it about the job itself, or the people, or the commute? Are there any changes you could make right now to make more space for you and for doing things that you enjoy? Are there any ways you can use your job to get you closer to where you want to be (training, connections etc)? Can you put a transition plan together that would allow you to work on your next move while still being employed? Include clear milestones at 3, 6 and 12 months, so when you get there you don’t feel like you are ‘still stuck in your job’, but instead can see how much closer you are to where you want to be.

Then be sure to share your plans with those who will be affected by them. Get your family on board by showing them how much you have thought it through, including the impact it will have on them, and help them understand why things will be better for everyone after the shift. Smaller changes that gradually build will seem less drastic and scary to both you and your family.

And remember, doing what you love does not necessarily mean you will earn less in the long run. When you are interested and enthused it may well surprise you what other opportunities arise and just what is financially possible.

3. How do I get my family onboard with me doing what I love when it might have a negative financial impact on them?

You are a family. That means you are a team. If you are going to be happy as a team then all the team members have to be happy. Communication is key. Sacrifices may have to be made but these should be short term ones with everyone understanding that they are made to serve your long term family happiness.

Involve them in your project. The chances are the people who are doubtful about your project have a rational mind. Involve them in the planning. Show them your calculations and talk to their left brain. Draw diagrams, show them your vision board. Let them see that you have a plan and are serious about it. Listen to their concerns and talk about the benefits for them. Make it fun – challenge everyone in your family to find ways to cut back to fund the bigger dream.  Make it exciting. You will find that people will love your energy and it will become contagious. Help them feel like it’s their dream and their success too!

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Don’t spend, invest

It’s really important that you invest in what you value, as well as what you need. If you’re a graphic designer, you need to invest in software. If you’re a marine biologist, you need decent diving gear. If you’re a makeup artist, you need makeup. These are the tools of your trade. And if you need to learn things in order to do the thing that brings in the money, then do it. Invest in it. Invest yourself in it. Then you’ll see the rewards.

Every time you use money to get closer to your dreams, remind yourself that you are not SPENDING it (Poooufff! Gone!). You are INVESTING it (sowing the seeds now to reap the harvest later!)

Whenever you make a choice – what to do this week end, where to go on holidays, what books to read, what volunteering groups to join – keep your end goal in mind and choose the things that will help you to do what you love. Everything you do now is an investment in your future life.

Combine things, it will allow you to save money and time. You’re an accountant and are passionate about travel? Find an accountant job in a travel agency and learn all about the industry you love while having an income. Or maybe your passion is for gardening but you don’t know how to create a website to start selling your services? Check out skill swap websites (see “Resources” below) and find a local web developer to help you in exchange for weeding their garden.

I’ll be back soon with thoughts on that other huge barrier – confidence. Sign up for our newsletter here if you want these straight into your inbox.

In the meantime, look around you, keep an open mind, get planning and keep going.

Beth

 

Some money resources we love:

The Soul of Money by Lynne Twist

Happy Money: The New Science of Smarter Spending

Service swap websites

Why you need a side hustle

Career paths that pay you to play games

And two extra resources kindly suggested by our survey respondents:

The Renaissance Soul : Life Design for people with too many passions

The Smiling Mind app (meditation)

 

Make 2014 the year you commit to your art career! (MATS is back…)

Make Art That Sells

Happy new year! We have a feeling that 2014 is going to be a very exciting year, and hope it is a great one for you. Why not make this the year you commit to your art career, invest in yourself and pour everything into making a living from your talent? If you are ready to take your art from good to great, and start to truly flourish as a professional artist, we have some special things in store for you. Read on…

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Make Art That Sells Part A& B is back! Registration is now open for the March 2014 class (begins March 31). These are two 5-week e-courses which give you everything you need to know to make and sell commercially-viable art in the hottest markets, learning from someone who has sold art for products worth over $100 million! Find out more and register here.

Want to know what kind of impact this course can have on your career? Here is what alumnus Emily Balsley had to say about it:

“I went into the course a fairly “green” illustrator and I have come out of it ready to take on the world one illustration at a time – with new skills, self-confidence, focus and drive.

When I first signed up for the course, it was hard for me to justify paying so much for this class when I was hardly making any money as an illustrator! But that was the point of the course, right?!? With encouragement from my husband, I decided it was time to do something for myself and look at it as an investment for my career. And now that it’s over, it was worth every penny. I can’t imagine how many hours of planning went into this class, but thank you so much for putting in all the effort. It really shows.

This is what I’m supposed to be doing, and I couldn’t be more excited about what opportunities lie ahead.”

Read Emily’s full review of the course here. Find out more about the course and book your place here!

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Our brand new online experience Make Art That Sells: Assignment Bootcamp is filling up fast, ahead of class beginning on February 3. This is a  structured six-month program of monthly assignments to help you build a strong body of work. You will get five professional-level art assignments over six months to help you create great pieces that are ready to sell. Each month you will have three weeks to complete the assignment. You will then have the option to post your work to a public gallery where it can be viewed by peers, art buyers and industry experts. Find out more and register here.

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The Global Talent Search will soon be back – this is your opportunity to win two years’ representation from top art agent Lilla Rogers, along with a host of licensing deals. This is a highly regarded and fiercely contested opportunity, so if you want to maximize your chances of winning we would strongly encourage you to take one of our Make Art That Sells classes to help you understand what sells, how to present your work, and how to create great art that is commercially viable. More details on the Global Talent Search coming in the Spring…

So what are you waiting for? Take the leap, make the commitment, and get cracking!

If you can do it, or dream you can, begin it…

This is one of my favourite ever quotes, because it puts the power in your hands. It reminds us that if we have the capacity to dream of something, we have the capability to make it happen, if only we begin…

“If you can do it or dream you can, begin it. Boldness has genius, power and magic in it.” – Goethe

Back in 2010 I went on my first art retreat, and when I was there I distinctly remember picking up a copy of ‘Somerset Studio’, one of the beautiful magazines from American publishing house Stampington, and thinking “Just imagine getting published in a magazine like that.” Four years on and I am now a columnist for Stampington’s brilliant magazine ‘Where Women Create Business‘, and have been featured in several of their other titles in between.

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If I think about how it happened, it was a combination of…

  • Dreaming of what it would feel like to make it happen (Vision/Imagination)
  • Thinking “Someone has to do it, why not me?” (Boldness/Naiveity)
  • Deciding to go for it, because the worst that can happen is that an article proposal will be turned down, or ignored (Thick skin)
  • Getting out of my door to network, meeting people, and getting introduced to people who know people (Deep breaths/Connecting)
  • Getting clear on what I have to say, and then choosing to share that with the world (Authenticity/Belief that we each have something to offer)
  • Taking steps to make it happen, and keeping at it (Persistence)

However big or small the dream, it can often be made a reality through a combination of the things above.

What steps do you find help you make your ideas happen?

PS: The column in Where Women Create Business is jointly-authored with Kelly Rae Roberts. In this third of four articles we talk about the importance of choosing to deliver products and services which serve your audience and support your purpose. It is a fab magazine – you can get a copy in all major US bookshops or via the Stampington site here.

 

Alternative meeting spaces

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With Beth on maternity leave our working day looks a little different lately, but we still have Mr & Mrs K meetings to chat about things coming up, and to look ahead to next year.

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One of the great things about living in a city like Brighton is the proliferation of cafes, and we like to meet there to chat somewhere different from our home office. A different environment never fails to spark new ideas… Lately one of our favourite places is somewhere that won’t be around for long – the ice bar next to the temporary ice rink, which has been built in the grounds of Brighton Pavilion.

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With Beth heavily pregnant there may be no ice skating for us, but it is lovely to sit on their comfy sofas next to a sparkling Christmas tree, looking out through the floor-to-ceiling windows at the people skating round and round, laughing and stumbling and laughing some more. Ahh office life is hard!

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What is your favourite place for meetings?

The Amazings: Keeping Knowledge Alive

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We’ve all read articles, watched documentaries and had conversations about the unprecedented rate of population growth in the world today. The first billion in the world is thought to have been reached around 1800AD and by 1960 the world had reached three billion. Since then, in just over half a century, we have more than doubled this with over seven billion people now living on this planet. Quite astonishing statistics to swallow. And with this, our demographic is getting older as health care improves and life expectancy rises. Yet there still seems to be an attitude in our culture today that sees our ageing population as a burden to society, with members of the younger generation failing to engage with their elders. Perhaps, this outlook needs to be turned on its head – after all, isn’t it a great thing that we are able to spend more time in this world, experience more wonderful offerings and learn more and more with each day?

That’s exactly why I have chosen to dedicate this blog to this inspirational, relatively new organisation: The Amazings. Back in 2011, the founders decided to embark on building a startup that looked at the ageing population in a different way. Their basis for their mission was simple:

‘Society has always learned from its elders but somewhere along the way we have lost that connection between generations – which means losing rich, valuable and rare skills.’

amazings croppedThey believe that ‘wisdom is one of the greatest untapped resources this planet has’ and as such have built a fantastic business around looking at our elders in a positive light, taking the attitude that we should all learn from them, rather than view them as a generation we need to help. The Amazings have built a network of talented, skill-rich elders and are creating a series of online craft classes to inspire individuals with their next project and teach skills to following generations. From how to patchwork a geometric cushion to learning how to handsew an heirloom patchwork quilt, there are lots of succulent craft skill lessons to get your creative juices flowing.

I for one certainly feel very fortunate to have grown-up with two loving grandmothers playing important roles in my life right up until my late twenties and have many fond memories of learning from them both: whether being taught how to cook a generations’-old secret fudge recipe or spending hours in front of a log-fire cutting out patterns to cross-stitch hand-made Christmas presents, it was always a happy occasion and I hope my children will also be lucky enough to experience such lessons with their own grandparents.

Our education system is currently failing to encourage and offer opportunities to pupils to pursue vocational training careers but we must be careful and wary of losing such valuable skills in our society. We must appreciate and learn from our elders the generation-old skills they have to offer and keep creativity alive.

 ‘Try something old.  Learn something new.’

What did you learn from your grandparents?  Is there something that you have always wanted to learn from an elder but haven’t yet done so?  Why not make it your mission to learn this weekend? 

If you would like to find out more about The Amazings and the work they do you can visit their website.

There are a whole host of companies that will inspire you to learn, to look at life from another angle and ask questions of society: there’s something for everyone and it’s worth taking the time to browse the web and find those little gems that resonate with you. Whoever you are, these companies cannot fail to get you thinking so why not start by assigning yourself a few hours to kick-back and enjoy exploring some of my personal favourites:

  • Gooda global community of, by, and for pragmatic idealists working towards individual and collective progress. 
  • Do Lecturesinspiring talks from people who are changing the world.
  • Springwise – if you’re looking for a fix of the best new entrepreneurial ideas out there then Springwise is the place to go.  Springwise scans the globe for the most promising, unique and innovative business ventures, ideas and concepts that are ready for regional or international adaptation, expansion, partnering, investments or cooperation.
  • TEDa well-known and well-loved nonprofit devoted to ‘Ideas Worth Spreading’.
  • Daily Goodpromotinng positive and uplifting news from around the world through daily and weekly newsletters.  It certainly feels good to receive some upbeat news in your inbox everyday… 

SJD

 I’d like to introduce myself to you.  My name is Susannah Keene and I’m back to lend a helping hand to DWYL whilst Beth is busy preparing herself for motherhood!  I first met Beth working together at UNICEF in London and since then have spent a couple of years working in Ghana, moved back to the UK to get married and am now expecting our first baby in the New Year which is very exciting.  I’m enjoying exploring new opportunities for DWYL’s development and sharing growth ideas with Paul for 2014 so watch this space…

If you know other any other inspiring companies please share them by leaving a comment below.

Business book giveaway winner announced…

Let My People Go Surfing

The winner of our giveaway of the brilliant book ‘Let me people go surfing’ by Yvon Chouinard is…

Shari Sherman

Congratulations Shari! We will be in touch by email shortly. If you missed our inspiring interview with Lucia Griggi, one of the world’s only female pro surf photographers, you can find it here.

Life According to Mr. K – Big company vs small business

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“You don’t learn to walk by following rules. You learn by doing, and by falling over” – Richard Branson (Founder, Virgin Group)

Over the last three weeks I have provided you with a little insight to how our company was conceived (part 1 / part 2 ). We have taken a different route than we first expected and we serve our market in a very different way than we first planned. Even so, our manifesto has not changed and is still the core message for what we here at Do What You Love believe.

It has been seven months since I joined the company and it has gone in the blink of an eye. After working for over 12 years in the construction industry as a Civil Engineer it has taken a little time to adapt to my new role, but my life is very different (and infinitely better) as a result.

I thought it would be interesting to compare the differences I have noticed between working for a very large company and now working for our own small, younger company. The main areas of diffference are lifestyle, perceived security, self-actualisation, reward, diversity, politics, ethics and productivity.

The greatest difference I have noticed is how my lifestyle has changed. My previous career demanded long hours and required me to be at a certain location for a specific number of hours a day. I now have a much greater flexibility to enable me to be fully in control. And the result?  I work harder – a lot harder – than before.

As we work from home there is no mindless commute (I will never miss sitting in traffic), I can decide when I want to do my exercise, how many breaks I take and even where I choose to work (office, lounge, roof terrace, cafe, beachfront etc). The flipside to this is you can find yourself working earlier in the morning and longer into the night.

If you have ever taken an Effective Time Management workshop you might have done one of those exercises which helps you understand how you work. I discovered that I work much better in the morning. I have adapted and modified my whole working environment and structured my day to allow me to do work when I am most productive. Working in an office does not always provide this opportunity.

The most exciting part of the lifestyle change is that I will be at home for the entire time my baby will be growing up. That is something I cannot put a price on. I don’t want to miss one second. (I have a feeling I may spend large portions of my day staring at her instead of working…)

I know one thing for certain. I have never had so much satisfaction from my work. Every piece of work that we put out in the world is a reflection of what we believe, and is created from a place of wanting to support others pursue their dreams. It is mindblowing to think that our community really is in all corners of the world. It is definitely worth all the effort.

 “Work like there is someone working twenty-four hours a day to take it all away from you” – Mark Cuban (Owner, Dallas Mavericks)

The downside if there is one to my current lifestyle is switching off. I cannot leave the office on a Friday and not give it a second thought until Monday. This just doesn’t happen. In the beginning we were constantly chatting about what is working well, what isn’t and what we can do better. Of course we are very passionate and love what we are doing but it still isn’t healthy to do it 24/7.

We have recently got more strict about not talking about work in the evenings, or purposely going out to a cafe to talk about a specific project (rather than just brainstorming as soon as we think of it). I have removed an email account (work) from my phone and try not to check any social media site after 19:00 at night unless there is a specific launch or other one-off event on. Small things like this make a big difference.

Anyone who has moved from a large company to a small company (or vice versa) will be aware that the smaller the company the more diverse your role becomes. Basically there just aren’t the numbers of people available and it is not financially viable to have individual people for every individual job role.

Within a large company you can be ‘pigeon holed’ into doing one activity. This has its obvious advantages as you attain a confidence in your micro world and become very knowledgeable about a small yet integral part of the business. If you need something else doing you would normally just pick up the phone or email that department and they would ensure it is done. However, this can be detrimental to a company’s flexibility, and can restrict an individual’s development opportunities. You can become overly dependent upon others. You can lack the variety of work to allow for greater growth and satisfaction. You begin to question your intrinsic worth to the company. Can they simply replace you as you are defined by a role? Do you lose the ability to think on your feet and find solutions yourself instead of asking someone else?

Here at Do What You Love our roles are many and varied. They incorporate upholding the company’s manifesto in all decision making, branding, pricing strategies, marketing, partnership development, course content, course delivery, web-site development, financial and risk management and data entry – all things that you would find in any company. But the difference is that we all do a bit of many of the things required. We also do a fair bit of laughing, tea drinking, finding inspiration online and offline, creative thinking, going for long walks to dream and plan, and other ways of doing what we love.

Staying true to ‘doing what we love’ has allowed us a certain clarity as the business has grown and become busier. There comes a point when you realise there are just some tasks that are better off done by others with the correct expertise – accounting, website design and bookkeeping to name but a few.

Our bookkeeper and accountant have been on our journey with us since day one. I cannot stress enough the importance of this. Having clear, readily understandable and available accounts has allowed us to make all decisions with confidence based on what we need and what we can afford.

The coding and design of our numerous websites are now in very safe professional hands and hosted accordingly. I can promise you that if something goes wrong when your site is live and there is heavy traffic you would pay anything at that point to fix the problem. So why would we not pay the same to ensure our sites are maintained and serviced by professionals? If you have an online business then investing in decent tech support is one of the most important things you can do.

This brings me to a point that I have been asked about the most since giving up my previous career. Security. Is there more security working for a huge company? The simple answer is “I don’t know”. What is security? A company can make you redundant, or fire you, or take away benefits, pretty much whenever they like. Although with our own business we have to be responsible for bringing in enough money to support us and our team, the truth is I have never felt more secure than I do now, master of my own time and in charge of my own destiny.

We are young, dynamic and flexible. We are constantly reassessing where we are, what opportunities are on the horizon, and how we can spread our risk. This is all part of having a viable, sustainable business. Huge companies generate mammoth turnovers but if the numbers do not stack up there will not be any hesitation to cut thousands of jobs. As the old adage goes, “Turnover vanity, profit sanity”. The previous 5 or 6 years are a reminder of this.

Another major difference is the level of personal contact within a large company. If you work for a business with 500+ employees, how likely is it that you will get the chance to have a chat with your CEO or Managing Director? Would he or she stop to say hello or ask you how you are? The likely answer is no. Not because they are not great or polite people but because it is not a practical or efficient use of their time. They also have to make decisions most of us would never want and would have nightmares about if we did.

So do any of us have secure jobs? I would like to ask you this question in a slightly different way. Do you feel in control of your job?

There are a few aspects of my previous job that I do miss, mainly the people. I had the great pleasure of meeting so many diverse people on a daily basis. I have and always will be a people person and I miss the daily ‘site craic (crack)’ immensely. That said I am beginning to ‘meet’ some very inspirational people from very different circles in my role. The problem is I have hardly met any of them in person as most of what we do is online. We may need a brainstorm to do something about that…

Nearly all of my communication is now over email, which would not be my chosen medium, but reaching out globally does not allow eye-to-eye contact with every single customer – not until another meteoric advancement in technology anyway. We do strive keep a feeling of personal touch by responding to every email individually, even if it takes a little while.

I also find myself sat behind a computer for longer periods of the day. This is personally not ideal but is just a short-term situation based on the development of our company and what is required at this moment. We have plans in the pipeline that will hopefully  rectify this for me. I will keep you posted!

The reward I now receive from this job wins hands down. In fact I struggle to think what my reward was at all during the final few years in my last previous job. At a very basic level, the monetary rewards are greater here at Do What You Love – and there is a pride in that pay packet that I have not felt in a long while.

For me though the wider rewards now are plenty, and perhaps more important. Writing this part has made me think about Maslow’s Hierarchy of Needs for the first time since college. The self-actualisation aspect is now being met. The work we do is really helping others and the thankyous we receive will always be our greatest reward, knowing that we have helped others improve their own lives. I couldn’t write better testimonials for our courses if I tried!

The direction and ethical stance we take as a company is ours to define and control. Noone else will ever dictate this. There are no politics to adhere to. Of course there are always customers to consider, and the way we want to serve them defines much of how we do what we do. But the main difference is that we have CHOSEN our customers. How is that possible? By getting clear on why we do what we do, who we want to serve and what we can deliver that will enable to do that. Then communicating in a way which attracts exactly the kind of people we want to serve – it works, I promise. We strive everyday to look for improvements and efficiencies but never shortcuts! The quality of what we deliver has to be our signature.

So there we have it – a few of my thoughts on big versus small and working for yourself. Doing What You Love will always mean something different of each and everyone of us. In terms of business we are very passionate about helping others find what this may mean. We love our customers and hope to serve them the best we can for many more years. The main thing we are giving it a go!

If you started your own company what would it be and how would you succeed? Or if you are already a business owner, how do you make sure that what you provide your customers is truly special?

Until next time…

Mr K

Life According to Mr K – If your business model isn’t working, change it

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“You have to do what you dream of doing even while you’re afraid” – Arianna Huffington (Co-Founder, The Huffington Post)

The evolution of our business part 2 (read part 1 here)

The inaugural DWYL retreat was a sellout success, which we were told affected many of the participants deeply. In the two years since, many of those who attended have told us very personal stories of how the retreat experience actually changed their life’s course, and how the people they met there have been a big part of those changes.

However, behind the scenes, based purely on return on investment of time and financial resources, the reality was that for as long as we had to rent a venue there was little to no future in a solely retreat driven business. When you consider the hours that went into the preparation and running of the event, the team had essentially been working for less than minimum wage, and it was not a sustainable business model. Diversification was required.

Having said that there was an undeniable vibrancy at the retreat that was almost tangible and could not be ignored, plus it was the source of a huge amount of valuable connections, both for us and for participants and teachers.

During one of the evenings Beth had arranged for an Oprah style interview with our special guest Matt Stinchcomb, Vice-President (and one of the Founders) of Etsy.com, who had travelled from Germany to come and speak. His interview was a great reminder that even businesses as large as Etsy can evolve from the most unlikely and humble beginnings – theirs is an amazing story for another day! It was the only interview that week I was able to listen to and I believe I was meant to hear what he said. It highlighted how businesses evolve due to a need that is not catered for, and how they have to be nimble and flexible to adjust to changing demands.

Seeing so many people sat in that room who had decided to travel from various countries to North Yorkshire also really struck a chord with me. I was starting to see what Beth saw. There were so many like-minded souls around the globe who just needed a purpose to meet and common ground to discuss. Do What You Love could be that vehicle – and an in-person retreat was only one way of bringing those people together.

It was from this realisation that our collaborative e-courses emerged. Beth had already developed and run her own flagship Do What You Love e-course for the first time with an astounding response, and we soon realised this was an incredible way to connect people facing similar issues in a safe, supportive environment. The next step was to start working with others at the top of their game to provide practical, valuable advice to people wanting to follow particular career paths, often challenging the norm and supporting them to make bold moves.

Over the past 2-3 years this has developed into a business model which is cashflow positive (without debt), responsive to changing needs and technology, relevant, sustainable and exciting. We turn down more offers for collaborations than we take on, and we build deep trusting relationships with those we do choose to work with. By collaborating with others we are constantly learning, improving and finding new ways to do things. Every day is different, and every day we support more and more people to do what they love. It’s not always easy – sometimes it is frustrating, sometimes it is overwhelming, sometimes it is exhausting. But always it is rewarding, profitable and totally worthwhile. And it allows US to do what WE love, creating the lives we want to live. And surely that is a massive part of what it is all about?

As for retreats and in-person workshops, for sure we will run these again in the future, but as one arm, rather than the lifeblood, of our business.

Challenging our assumptions about how we should deliver, what we should deliver, and what we knew about the people we were trying to serve was fundamental to an early major shift in our business model which has evolved into the Do What You Love we are today.

How about you? If you run a business, have you shifted your business model over time? If not, it it time you thought about doing that? What if you turned your business model on its head and tried the opposite of what you have been doing for years? We’d love to hear your thoughts on this.

Until next time (when I will share a behind-the-scenes glimpse at each of our collaborations),…

Mr K

Winners of the 2013 Global Talent Search announced…

1728GTS winner 2013

After four months, 1500+ entrants from 30+ countries, three rounds of competition, more than 10,000 public votes and many hours of deliberating, we are over the moon to reveal the winners of the 2013 Global Talent Search! It was so hard to choose from our outstanding six Finalists that we have decided to give two awards – the Grand Prize and a second Special Studio Award.

Click here for the full announcement on Lilla Rogers’ blog, to find out who the winners are!

Do What You Love is proud to have produced this competition, which has helped raise the profile of so many artists, and will change the careers of the two talented winners forever!

Life According to Mr. K – On how Do What You Love was born…

lifeaccordingtomrk

“If you can dream it, you can do it” – Walt Disney (Co-Founder, Walt Disney Productions)

This month’s theme is ‘Love Business’. I thought it would be interesting to give you a little insight to the birth and subsequent growth of our company.

Just over three years ago I was sat at home listening to Beth tell me that she had made a rather spontaneous decision to book a trip to San Jose in California. She was off to ‘An Artful Journey Retreat’ to take a class from two artists named Kelly Rae Roberts and Mati Rose McDonough. She had been reading Kelly Rae Roberts’ book ‘Taking Flight‘, and decided that she wanted to meet her. As always I told her to go for it. Sometimes we just have to spend some money and treat ourselves.

At that time she had been working tirelessly on the legacy aspect of England’s bid to host the FIFA World Cup in 2018, in a very corporate environment. The trip was an opportunity to relax and get painting again after more than a decade on the back burner.

When she returned  from California her smile said it all. She looked like a different woman. She had met kindred spirits and rediscovered her love for ART. The enthusiasm was evident. She came away knowing she wanted to work with and for women like those she met on the retreat. She effusively explained this thing called blogging and the potential business model that she had observed. It was different – in fact worlds apart – from what she was doing at that point, but very intriguing.

She went in search of some relaxation and inspiration. She came back with a the beginnings of a whole new life for us. What was to transpire from the trip was more profound and pivotal than either of us could ever have imagined! The seeds of what would become Do What You Love Ltd were sown.

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