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running your business vs. pursuing your hobby

Today I am so excited to say that I’ve been interviewed over at the CraftyPod.  Sister Diane asked if I would be willing to talk about Etsy and its pro-am culture, and I was more than happy to oblige.  It’s a fantastic conversation about the pros and cons of Etsy being a pro-am culture, how [...]

building the creative empire

A few weeks ago, Tara and I recorded this little video. (And yes, we’re in a Panera.  And yes, I make a lot of funny faces in the video.)  We frequently talk business when we get together, and here we talk about building our own creative empires, how our businesses are perceived by those around [...]

your pricing strategy: are you spending too much time playing defense?

When it comes to your pricing strategy, do you take an offensive stance or are you constantly on defense? Defensive pricing is reactionary.  You set your prices by responding to the prices of similar products on the market.  But when you do this, you are letting someone else dictate the rules of the game.  When [...]

guest post: the science of tracking profit

Today I’m excited to share this guest post from Holly of Accounting Spot.  Holly provides accounting and bookkeeping services for small and micro businesses, and she’s graciously agreed to share her tips for keeping track of profit in your business.  Thanks Holly! Hello! I was so excited when Megan asked me to guest post here [...]

the pros and cons of sick days

I’m not feeling well today, so it seems like the perfect opportunity to talk about one of the biggest dichotomies of running your own business: On one hand, you have no one to tell you that you can’t lie on the couch all day and watch soccer. On the other hand, if you aren’t working, [...]

business buzz 6-12-10

A weekly roundup of craft, design, and business related news and links: CraftyPod #116: Making Ideas Happen, with Scott Belsky – A must listen podcast about the intersection of creativity and productivity. Chris Guillebeau: Balanced People Don’t Change the World – The key to profiting from your business isn’t balance, it’s prioritization. Making your creative [...]

how will you embrace a culture of profit?

Thanks for joining me for Profit Week.  It’s clear that this is a conversation the crafts community needs to have again and again as we embrace the idea that not only are we designers, makers, and artists, but we are business owners and entrepreneurs.  And we want to make money! (And that’s ok.) So please, [...]

strategic spending to boost your profits (or, you gotta spend money to make money)

Seth Godin talked about it.  (Someone must have told him it was Profit Week.)  Meredith mentioned it in the comments yesterday.  You hear people say it all the time: You gotta spend money to make money. And while this is true, it’s actually much more complicated than that.  It’s not just about spending money.  It’s [...]

why you shouldn't pay yourself (and other myths about profit)

Part of creating a culture of profit means letting go of some of the myths we’ve been carrying around about our businesses and when and how they should make money.  Today I want to look at 5 profit theories I often hear, and why they aren’t (usually) true. Myth #1: You shouldn’t take any money [...]

more profit = more to give

For the record, I think there is nothing wrong with wanting to build a profitable business to create a comfortable living for yourself and your family.  (Provided that you are doing this in an ethically and socially responsible manner.)  But I also know that is is an area of thinking where many of us struggle. [...]