This is the first post from a 'Making Money From Your Creativity' Blog Competition Runner Up Jhana Arnold
I have wanted my own business since the early 1980s when, as a child, I began to read The Sunday Times Rich List. It was inspiring to read, not about monetary wealth, but the process of turning an idea into an enterprise.
In 2003, I graduated from the London College of Printing with a Publishing degree, but that was not all. Through the knowledge and skills imparted by my tutors, I felt I had acquired the initial foundations of an MBA course, thus making the entire world of business accessible.
Therefore, I began to develop Read Unlimited: Novel Books™, a consumer publishing house which would initially print illustrated children's titles. I had written a few children's manuscripts, stamped with rejection letters of high praise. Paired with my self-taught skills as an illustrator, I felt the world was my oyster – it still is.
Studying at UAL always leaves one feeling capable of achieving anything. So I did, and managed to get two book distributors in America interested in my first children's book. However, that was just the beginning and soon expectations collided with reality's financial comet.
I can forecast my future through business and marketing plans, but there comes a point where you have to print to make money. My finances were never able to make my dreams come true, but neither was the East London Small Business Centre, Business Link, The Prince's Trust, Arts Council England, or my bank through the UK Department for Business Innovation & Skills (BIS) loans guarantee scheme. BIS secures loans to the value of 75%, including start-ups. However, do not be deterred by my failings. Be bold and discover what these organisations can do for you.
Having just completed an MA in Screenwriting, I realize how fundamental a structure is to a narrative, and a SWOT Analysis (Strengths, Weakness, Opportunities and Threats) represents the same in business. Extracting the essential mineral from your ideas mine is arduous and fraught with failure, as I am sure you are aware.
However, failure is a great motivator which forces you into the world of self-sufficiency through innovation and thus, longevity. Without this treacherous element to my journey, I would never have discovered that the potential of my bounty lies in Bags Of Illustrations™ - I am launching my illustrations on jute bags and will initially set a course for the Saint Lucia tourism market.
Useful
links:
East London Small Business Centre -http://www.goeast.org/
Business Link – http://www.businesslink.gov.uk
The Prince's Trust - http://www.princes-trust.org.uk/
Arts Council England - http://www.artscouncil.org.uk/
UK Department for Business Innovation & Skills (BIS) - http://www.berr.gov.uk/
Image: "Paper money, extreme macro" by kevindooley on Flickr
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