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Day: May 3, 2018

How to Make Money With This Stock Photography Business Plan

A stock photography business is a method to earn more money in the business of photography. Stock photographs are a collection of photos which are licensed for use in various purposes. These are used by people like book publishers, graphic artists, advertisers, etc to add creativity to their works. So due to the rising demand of such photos, selling stock photos have become a business by itself.

When you intend to start a stock photography business and sell stock photos to earn money, you must keep in mind certain things. Always choose and filter the photos you intend to keep in your list. In a stock photography business, more often quality is not as important as conveying the idea. People opt for stock photography, either when they do not have the time to go for a photo shoot or they are not able to acquire the required photo. So select and keep photos which are capable of conveying ideas across.

If you are selling your photos to a stock photo agency, you will have to comply with their terms and upload the photos in the specified formats and resolutions. Or if you are keeping the stock photos by your self, always go for a format and resolution which would suit the requirements of the clients.

Stock photography must not have any copyright or watermarks on it. These photos are intended for sale and reuse. So there is not point in putting a copyright mark on it. And if you are hosting your photos on a web site, be sure to use the apt keywords and tags so that search engines find you easily. You can refer the leading stock photo hosting web sites like ShutterStock, Fotolia, and so on for ideas on putting keywords and organizing the stock photos.

While, if you intend to sell your stock photos to a stock photo agency or web site that is also good. By doing so, you comply with the agency’s terms and either you will be paid a handsome amount for the pictures or each time somebody downloads your photograph, you get a percentage specified. This way, stock photos are means of generating income over and over again.

You can also take orders for producing stock photographs. The agencies will give you topics on which you need to take photos. This is a more effective way of selling stock photography. In the conventional method, the agency takes only selected photos out of the hundreds or thousands you submit. But when you capture photos based on the topic they give, the possibility that majority of the photos get selected is high.

Microstock is the latest form of a stock photography business and the photos are licensed for much lower fees. The sales of these kinds of photos are also on the increase. Microstock photos get sold in bulk and hence the photographer gets a fair enough amount with the sale. Though the amount per download is less compared to the common stock photos, …

Successful Business Leaders ‘Walk the Floor’

I’m sure most business leaders and managers have heard the saying ‘walking the floor.’ But are we doing it? What does it mean? And does it actually work?

It means making time on a regular basis to find out what’s really happening in your business (department or team) – literally walking around the place where your employees actually work.

Many successful business leaders believe it’s crucial to improving morale, performance and results.

They say it helps show employees that you’re interested in them – that you value their knowledge, skills and opinion, and that it can improve results – because by asking questions you get to know the real issues affecting business performance and can often get the best suggestions for resolving problems.

These business leaders believe it helps foster commitment and push forward actions to change problem areas much more quickly than would otherwise happen, because by dealing with them personally people see that you’re serious and this can empower them to take action quickly.

When I ask the business owners and managers I work with whether they ‘walk the floor’, some common themes occur. See if you recognise any of these statements:

  1. I don’t have time to go out and about meeting my staff; I’m too busy trying to do my job/get new business/sort out their problems. (I’m sure there are a multitude of statements you can substitute here – you get the idea!)

    If you say this yourself at the moment, then it’s clear you’re prioritising other things i.e. you don’t think it’s important enough!

    What if you could view this as one of the most important parts of your role as a business leader?

  2. I don’t have any staff, I work with associates, and they’re not based in the same office as me- so this doesn’t apply.

    Of course it doesn’t apply in the same way, in the sense of physically being with your team, but it can be applied in other ways. For example, you could set up regular meetings via Skype.

  3. My staff shouldn’t need overseeing, they should be doing the job they’ve been paid to do anyway!

    While I agree that most team members don’t need monitoring 24/7, the majority of them will respond to knowing that you are genuinely interested in what they’re doing, that you feel their job really matters to you, to the business and to your customers.

  4. It’ll just antagonise them if I go out and ask questions. Or they’ll think I don’t trust them and I’m checking up on them.

    Whilst it’s possible some may feel like this, in my experience and in the experience of many of my clients, the majority won’t – provided you are genuine, ask questions, listen, and praise appropriately.

    Also, I guess sometimes you will be checking up on them, or rather checking progress on actions! Again, provided you’re genuine and not constantly criticising, then I believe trusting relationships can be developed this way.

On the opposite side of the equation, when dealing …