Last month,
there was an opportunity with a larger publisher.
This opportunity,
if I’m successful
(and that is a big if),
would pay off BIG in a few years.
I have a financial buffer
so I was able to take advantage
of this opportunity.
One of my writing buddies
has very little financial buffer.
She couldn’t wait that long
for a financial return.
It didn’t matter how big that return was.
These tough decisions
happen all of the time in art AND business.
The bigger the financial buffer
you have,
the more you can take advantage
of longer term opportunities.
Writer and Director
Joss Whedon shares
“The first penny I ever earned,
I saved.
Then I made sure that
I never had to take a job
just because I needed to.
I still needed jobs of course,
but I was able to take ones that I loved.”
Bootstrap your business
(i.e. keep the costs and investment low)
but consider having a financial buffer
for those bigger opportunities.