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Designer To Entrepreneur

Postby rbid » March 14th, 2018, 2:08 pm


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Hi Everyone,

Has anyone here made a successful leap from a designer to an entrepreneur/business owner of any type?
I'd love to hear your experiences.

I'm currently working as an in house designer for a company and I enjoy my work. However, I've always had aspirations of owning my own business as well. I'd love to have a business that could replace my income if need be while also still working. I have a little experience launching an imported product on amazon however it only really broke even.

I've been considering pursuing any one of the following options
  • Launching my own product and brand
  • Crowdfunding a project
  • Freelancing or consulting
  • starting business in an adjacent industry like MEP CAD services .

look forward to hearing your thoughts and opinions.

Thanks
R

Re: Designer To Entrepreneur

Postby sonofscrotum » March 14th, 2018, 3:21 pm


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Re: Designer To Entrepreneur

Postby ralphzoontjens » March 15th, 2018, 8:04 am

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Yes, because in our education we were always encouraged to form our own projects, I would say about a third became either independent entrepreneurs or co-founders of new startups. Freelance is a route to go as well but is not very sustainable unless you are developing into a personal brand. The most important thing is next to just starting, make a careful business planning and look at the technology, consumer, business, artistic and societal aspects of your plan to see if you can find a niche to fulfill.
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Re: Designer To Entrepreneur

Postby Sketchgrad » March 19th, 2018, 4:52 pm


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I've been involved with two designers that have become entrepreneurs and eventually released products that have formed a business.

Both of them came from personal projects they did in their evenings and weekends, identified a problem and then designed a product from them. Then they realised people would buy this, one went the Kickstarter route and one went the angel/VC route. Both are doing very well for themselves and one of them now has a full-fledged start-up with a staff of 50 and just received $10m in a series B round to progress further, as well as being profitable. The other reached £1m on crowdfunding as is off to China every other week whilst tools are made. He has enough in the bank that him and his wife plus a freelancer or two can keep the bills being paid.

Long story short, have an idea and a product, put it out in the world and voila, you're an entrepreneur.

Re: Designer To Entrepreneur

Postby AndyMc » March 26th, 2018, 6:15 am

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I think all of these are things that you start in your free time and transition over to as you get more business, unless you are financially stable enough to take the risk of it not working out after a year or two.

Re: Designer To Entrepreneur

Postby BryanBrutherford » April 13th, 2018, 8:57 am

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i started as an in-house designer where i worked for 10 years, during that time i also moonlighted as a contract designer for other product categories..

around year 8 i started a new hobby, buying old educational manufacturing equipment, restoring it and then using it to produce collectibles.
eventually that grew in to a business of its own that ran along under its own steam for a few years.

I left the full time gig to join a startup manufacturing business, that didn't work out so i fell back on the collectible business.
once i focused on it more the scope really expanded and became a hybrid of boutique design/manufacturing in one category and design/manufacturing consulting in larger more traditional categories.

The boutique manufacturing and consulting are now still going on but at very limited pace because that all led to an opportunity that has taken me back to an in-house position.

What I've learned is that there are some things i enjoy and some things i don't.
I love the creative process, problem solving, design and manufacturing.
I hate day to day business admin, spreadsheets full of numbers, inventory management, administering healthcare and payroll, managing employees on things other than design. I can run a small business, i don't want to run a larger business... this doesn't mean i wouldn't try it again... I'd just go in to it knowing I need the right partners.
Ryan Rutherford
www.brutherford.com


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