Money Mistakes and How to Avoid Them
In his Lateral Action blog, Mark McGuinness has often given sound guidance to creatives. His most recent advice comes in the form of a 35-page ebook called “5 Big Mistakes Creative People Make with Money” and the audio seminar “5 Essential Money Skills for Creative People.”
Mark accomplishes the near-impossible by making the ebook an easy, enjoyable read. In it, you meet two designers, Oscar and Jay, whose talent, work ethic, integrity, and creativity are all similar. However, their careers take sharply different directions based on their different financial decisions.
The last five pages of the ebook spell out the money mistakes Oscar has made:
1. Buried his head in the sand
2. Did the bare minimum at the last minute (financially speaking)
3. Didn’t charge enough
4. Worked with crap clients
5. Let expenses get out of hand
Do any of these sound familiar? They certainly did to me. But just identifying problems isn’t that useful without practical guidelines for turning around the situation.
And that’s where “5 Essential Money Skills for Creative People” comes in. Mark joined with finance expert Sarah Thelwall to create the 75-minute seminar, which teaches the skills necessary to build a profitable business without compromising creativity.
Don’t make Oscar’s first mistake and bury your head in the sand. Take advantage of these free resources:
“5 Big Mistakes Creative People Make with Money”
“5 Essential Money Skills for Creative People”
This article was last modified on January 6, 2023
This article was first published on July 19, 2011
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