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Even after you weed out all the consultants and what not, how many of these are actually sellable businesses? And how many are things like photo studios, etc?

by tjmaxal 16y ago

rosskimbarovsky 16y ago
A photo studio is a small business. Many are successful. Why wouldn't such a business count as a viable startup/business?
- tjmaxal 16y ago
  Companies like most photo studios aren't really companies at all, they are just jobs for the founders. they can't grow beyond the work capacity of the individual. They have no real value beyond their assets.
  - Tamerlin 16y ago
    What does that have to do with anything? Successful photo studios can be quite profitable businesses, generating quite a bit of income.
  - tjmaxal 16y ago
    Is it really a company if it's revenue goes to zero when the owner retires, or takes a vacation, what if they get hurt and are unable to work Does the company keep making money? If it makes money with out the owner doing all the work then it's a company if the owner MUST work to make it generate revenue then it's really just a job.
    - Tamerlin 16y ago
      So you're basically saying that if the founder(s) have to do actual work in order to maintain profitability than it's not a company? I should also point out that there are quite a few successful photography photography studios that not only have employees, but also pass their business down to successors, so they DO outlive their founders. In the end, it's honest work for honest pay, which in my experience is not the case in IT, which is usually a waste of talent. I've worked in the IT industry for 17 years as a software developer, and most of what I've seen is that most of the developers in the industry make up for a complete lack of talent and skill with a lot of hackery and long hours.
    - tjmaxal 16y ago
      IF there is no potential for growth beyond the work capacity of a single individual then yes that is not a company but a job. I've never said that all studios are like this. It just seems to be that most are.
    - RyanMcGreal 16y ago
      By that standard, Apple isn't really a company.
garply 16y ago
Why does a business need to be sellable to be valuable? And why aren't photo studios valuable? Our company uses photo studios to photograph our products - they're definitely valuable to us and I see more competition in the space as a good thing (good photos are expensive!).
Tamerlin 16y ago
Professional photography is a lot like consulting. The differences are that you can't hid bad photography like you can hide bad code, and once you're established, you can charge higher rates than you can as a software consultant. (I'm already able to charge a higher rate for photography than I am for software development, and I have 17 years in the industry, most of wasted because of the fact that most code is crap, and most management aren't intelligent enough to realize that hero developers are incompetent.)

Even after you weed out all the consultants and what not, how many of these are actually sellable businesses? And how many are things like photo studios, etc?

by tjmaxal 16y ago

Even after you weed out all the consultants and what not, how many of these are actually sellable businesses? And how many are things like photo studios, etc?

rosskimbarovsky 16y ago

A photo studio is a small business. Many are successful. Why wouldn't such a business count as a viable startup/business?

tjmaxal 16y ago
Companies like most photo studios aren't really companies at all, they are just jobs for the founders. they can't grow beyond the work capacity of the individual. They have no real value beyond their assets.
- Tamerlin 16y ago
  What does that have to do with anything? Successful photo studios can be quite profitable businesses, generating quite a bit of income.
- tjmaxal 16y ago
  Is it really a company if it's revenue goes to zero when the owner retires, or takes a vacation, what if they get hurt and are unable to work Does the company keep making money? If it makes money with out the owner doing all the work then it's a company if the owner MUST work to make it generate revenue then it's really just a job.
  - Tamerlin 16y ago
    So you're basically saying that if the founder(s) have to do actual work in order to maintain profitability than it's not a company? I should also point out that there are quite a few successful photography photography studios that not only have employees, but also pass their business down to successors, so they DO outlive their founders. In the end, it's honest work for honest pay, which in my experience is not the case in IT, which is usually a waste of talent. I've worked in the IT industry for 17 years as a software developer, and most of what I've seen is that most of the developers in the industry make up for a complete lack of talent and skill with a lot of hackery and long hours.
  - tjmaxal 16y ago
    IF there is no potential for growth beyond the work capacity of a single individual then yes that is not a company but a job. I've never said that all studios are like this. It just seems to be that most are.
  - RyanMcGreal 16y ago
    By that standard, Apple isn't really a company.

garply 16y ago

Why does a business need to be sellable to be valuable? And why aren't photo studios valuable? Our company uses photo studios to photograph our products - they're definitely valuable to us and I see more competition in the space as a good thing (good photos are expensive!).

Tamerlin 16y ago

Professional photography is a lot like consulting. The differences are that you can't hid bad photography like you can hide bad code, and once you're established, you can charge higher rates than you can as a software consultant. (I'm already able to charge a higher rate for photography than I am for software development, and I have 17 years in the industry, most of wasted because of the fact that most code is crap, and most management aren't intelligent enough to realize that hero developers are incompetent.)