The following are three interviews with creative entrepreneurs, conducted by SMU student Sydney Clark, followed by Clark’s analysis. This was conducted for the course Developing an Arts Venture Plan. The task is to assess how many creatives began with a business plan and if such plans are considered necessary by the creatives themselves.
SMU Arts & Urbanism Initiative, Hi-ARTS
Sydney Clark (SC): Did you have a business plan when you started your business?
Clyde Valentín (CV): … My first business, we didn’t go into it with a business plan, so, therefore, we didn’t have a good strategy to address our growth; how we should view our magazine. The time we were publishing was the mid-90s (so a while ago) and we lost several opportunities because we weren’t prepared and didn’t have our role down. So, I would say I learned Continue reading
Josh Yazidan Interview- Yaz Apparel
Did you have a business plan when you started your business?
The answer is no. I had no plan. I literally started with a pillowcase and a t-shirt. Not many people start out with Continue reading
Interview with 19-year-old Emmy-nominated Singer/Songwriter Addie Hamilton
- Did you have a business plan when starting your business? “No, I did not have an official business plan but in the back of my mind my goal initially was to get my music to a large audience. That gave me direction with what I needed to accomplish.”
- Do you think business plans are necessary for entrepreneurship? “Coming from what I have experienced, you need something of substance for people to take you seriously. From a younger female point of view, you have to have some sort of direction and composure in your work when presenting it to other people. In the music industry it is hard to get anywhere alone. You need people to take you seriously and a business plan demonstrates your direction.”
- Three pieces of advice for creative entrepreneurs? 1) “Use the Internet because it shows a lot of stats on where your fans are. Other than my following in Orange County, I was able to see that I had a pretty decent size following in Europe by using data charts. I also post on social media and promote for people and that makes up a majority of my revenue. For some reason people find it interesting to look at me.”
Oscar Hidalgo is the President and Founder of Hidalgo Construction Company, Inc based in Miami Florida. He is a high-end custom residential home builder that caters to luxury homes varying between 8,000-20,000 square feet with construction budgets ranging from $3 million to $20 million. Ever since he Continue reading
This interview pertains to Trey Bowles’ leadership position in the music file sharing company, Morpheus.
Me: Did you have a business plan when you started your business Morpheus?
Trey: I did not have a business plan.
Me: Did you just jump in?
Trey: I joined the company right after it started and ended up taking it over and running it. So, I didn’t have a plan. I had an advertising plan for a revenue model. I wrote that plan before I started. Continue reading
Julie Wilson Stofan – Photography
When I first interviewed Mrs. Stofan she didn’t think she was an entrepreneur. She thought that she was a girl with a camera. She started this because she took good photos and all of her friends pressured her into doing it. When I said she was going to be published, she stated, “I really don’t think I’m a good candidate for Continue reading
Sattar Buksh (Sat-tar Bux-sch) is a Pakistani restaurant/café and merchandise seller based on indigenous Pakistani art and “the common, wise man on the street who has a strong entitled opinion on Continue reading