I pose this question mainly because I am currently not running my Business full time. I work in a completely different industry driving tour coaches from Sydney (OZ). But so far have not been able to get into video full time. I actually make more doing weddings than my main job.

My primary Videography income is from Weddings with a handful of corporates too. Im seriously thinking about adding photography to my services in the hope that this will boost my earning potential to a point that I can go full time.

The Business is run from my home and I have about 70 jobs under my belt to date after about 3 years. I'd very much like a studio and have a property in mind that our family owns which I can use if eventually taking that step with great street frontage.

I'd like to know if others are full or part timers, what is the essentail ingredient in going full time?

I met a very successful video / photographer recently who told me he has never met a rich videographer, "you have to add photography to make any money", he told me. Is this true?

Like to know what you think.

Cheers, Dave Edwards - Drumroll Productions. Sydney.

Full time, Julie, my wife will be going full time in May to help drive the business forwards.

To go full time you need a little pot of cash to float you. Keep you going in bad times.

DONT wait for a full order book that can see you through, you will never get it working another full time job. You need to take the leap of faith and plough your energy into your business.

Business is afterall about taking risks normal folk dare not to.

Re no rich videographers. Possibly true. There are a few on the worldwide stage but certainly what we do is more effort than photography but with less reward. Its how it is and how it always shall be. We have a few clients who value what we do but the photographer is seen as an absolute, 100% must have essential and tends to be where most of the money goes.

That doesnt mean to say you cant make it work.

You do need to diversify. I dont think many people make a living off of wedding videos alone. The only ones I know about are those who do 2-3 a week for a silly low rate. No thanks!

This weekend were doing our first shoot for a new product and series we are doing. Just another thing we do to bring home the bacon.

Yes, I'm a full-time business owner. No, I'm not doing video full-time.

Video was the first reason I started this business, but I found out fairly soon that video alone would not feed my family. I diversified into other services that are complimented by video. That included web development, design services, etc.

I now have two full-time and two part-time employees and while we're doing more video than ever, it's still not even 1/3rd of our work. Web development has been the best for us: we've had several $20k-$50k web projects. The biggest video project we ever had was around $8k.

So you do need to have a diversity of services - whether it's video and photography, or video and web, or video and ?????.

Can you somehow work with your experience in the travel industry? Perhaps making travel videos while you continue to drive?

I'm a part timer and loving it... This is will be my busiest year yet and I'm a little nervous.
There's pro and cons for both. But I would have to say the biggest pro of being part time is the ability to chose my clients.
Obviously the biggest con would be managing a career and a demanding videography business.
Good luck if you go full time.

Steve

David, your posting raises more questions than answers; eg is your video work profitable - I mean really profitable in a business sense? I know no-one who's wealthy from weddings other than the companies that run wedding fairs.

And what constitutes rich in your book anyway?

I've been in video/communications for 30+ years. I've travelled most of the world and been paid to do it. I hold a pilot's licence and for several years shared ownership of a plane. I know a bunch of "celebrities" on first name terms and I'm permanently exempt from jury duty. But these are people who snore and go to the toilet like you and me. They just happen to work in a business other people think is glamorous.

If I drop dead tomorrow I shall be pissed off but I couldn't complain of the life I've had - and I don't mean I've made a great success of everything - just in the number of opportunities that I merely had to reach out and accept. I regard myself as the luckiest man you'll every know. My bank balance isn't huge, my pension will be pitiful, I still can't play my guitar as well as I want to, but every now and then someone says I made a difference to their life and that is rare privilege indeed.

But I've had a business go into administration and cut short careers of young people who were counting on me. That's a terrible responsibility even though I did nothing evil or illegal, it was just a bad patch. Indeed it took that down period when I had to work for someone else, a big, well-known company, to make me realise two things a) I knew my business, my craft, as well or better than most and b) I was absolutely lousy at running a business. That company showed me how.

Ever since I left the airline business (my first career) I've never had a blue Monday; even though I've been physically and emotionally drained I've never felt I was "working".

A pal of mine shared with me "student of the intake" in the airline. He remained in the airline business spending many years overseas where the biggest risk is alcoholism. He now has a large house in the South of England, a large pension and plays golf every weekday. He also has a pacemaker. I left the company after a few years and have nothing of his material benefits, but I think I'm the luckier of the two of us.

Sorry for the personal soul searching and indulgence but if you want to do it, do it. My only reservation might be that if you had to ask the question, maybe the answer's no. Why not prove me wrong?

I met a very successful video / photographer recently who told me he has never met a rich videographer, "you have to add photography to make any money", he told me. Is this true?

Like to know what you think.

Cheers, Dave Edwards - Drumroll Productions. Sydney.


Dave, there are videographers who you can consider rich the industry. I don't want to name names, we have a fellow DVIer who is making $ 350K a year doing wedding videography.

My dream is not to be rich but to have my wedding business be successful enough, that I can quit my job, be able to support my family, pay mortgage. Basically be my own boss.

I work full time, but so does my wife. I have over 25 weddings this year and do a one man shop. I'm working now my credentials to be a high school teacher teaching film and editing classes. This is tough!!! I'm only doing it so I can get the benefits and then do a few weddings a month during school and then do 4-5 weddings a month while school is out. I've set goals for my business for this year and next year and it's sooo fun to feel like I'm not really working, like Phillip said. That is the gold nugget of this whole business.

Soul searching is the first step!

Hi Dave

I think Philip has said it all!! Only a tiny part of it is about money..I know people with tons of money and they are miserable (not even counting the stress, potential heart attack or stroke of running a huge enterprise)

I run my business full time in Perth. Am I rich ...no??? Am I happy ?? OH YES!! As Philip as said, we don't have blue Mondays, we don't have worries and stress and we love what we do!! I make enough to be comfortable ..I could make more but I'm lazy also.. and I love it that way. I do a couple of shoots for a Realty Company during the week and then usually a wedding or two on the weekend.

Just by you mentioning commercial premises for a studio means that you will have to have staff, have to open up each day, so in my books, you are looking at having a 3 storey house overlooking Sydney Harbour and a Lamborgini in the garage and then photography will be essential along with the worries and stress that accompany it!! I work from a home office. I don't have to go to "work" and it's tax deductable!!! I work when I want to!!

I was in our local supermarket chatting to the owner's daughter (a budding photographer) and the owner remarked "Gosh you people have a fantastic job" .. That just about sums it up for me I guess.

Chris

I'm 25 years old and my business is a full time job with 60/hr weeks sometimes. I've never worked for "The Man". I'm very busy and blessed. But the most important thing is DIVERSIFICATION! I have 25 full weddings booked for this year alone, but I also shoot part-time for a local news station in NYC and I'm subcontracted by other studios when they need an extra shooter now and again.

Always make new connections and never be stagnant, and you'll be fine.

I've been self employed for almost 38 years. 12 years as a still photog and the rest of the time doing video. I have always worked out of my house. I've always made a good living but you gotta hustle. In the wedding biz, every client is a new one, very little repeat business although I have had a couple of weddings where it was the 2nd marriage for one of the party's and I had done thefirst wedding. I've actually done a couple of weddings for the children of a couple of the very first weddings I did many years ago. Corporate clients are different. I had 1 client for over 16 years, got to travel with them, do all sorts of work for them, made some awesome friends along with it and made some very good money while doing it.
Get rich? It's relative. Whats rich? In my area it's not 50 or 100 thousand a year. Not in Chicago but that doesn't mean you can't have a good lifestyle. My wife has always supported me and carries our insurance.
You have to be willing to work harder for yourself than if you worked for someone else.
I've never been able to work or play well with bosses so off I went to be a entrepreneur and that means you need to be willing to work 80 hours a week for yourself instead of 40 hours a week for someone else. Long live entrepreneur's!

Amen Don! You're preaching to a newer member of that choir.

I pose this question mainly because I am currently not running my Business full time. I work in a completely different industry driving tour coaches from Sydney (OZ). But so far have not been able to get into video full time. I actually make more doing weddings than my main job.

My primary Videography income is from Weddings with a handful of corporates too. Im seriously thinking about adding photography to my services in the hope that this will boost my earning potential to a point that I can go full time.

The Business is run from my home and I have about 70 jobs under my belt to date after about 3 years. I'd very much like a studio and have a property in mind that our family owns which I can use if eventually taking that step with great street frontage.

I'd like to know if others are full or part timers, what is the essentail ingredient in going full time?

I met a very successful video / photographer recently who told me he has never met a rich videographer, "you have to add photography to make any money", he told me. Is this true?

Like to know what you think.

Cheers, Dave Edwards - Drumroll Productions. Sydney.

Ditto for what Philip says & yes, you pose lots of questions
1. You earn more money doing weddings - will you? you may say that now but if you went full time, would you be earning more money by the time you factor all marketing, equipment, stock, running + personal expenses. I'm not saying you won't but I feel it's important to assess your situation - packages, income & divide it with living expenses. If you can do that and say yes, I can live off this...totally awesome

2. If you can add photography, that's great. Will you do this yourself or hire someone? Where will you find this person? I know that often I've had photographers say that clients have asked them for video and wanted me to join them - well, we have been more expensive than a few who asked us this... Source photogs out or do it yourself, then hire video guys/gals.

3. 70 jobs over 3 years is good, but how many would you need for a full time post. I know some of the guys up in Sydeny and know that some would do about 70 - 100 as a min per yr. Obviously they sub-contract but that's a reality of the number of jobs p/yr. Your studio that you would like to open sounds terrific - will you be able to sustain it by getting the business in?

4. I would agree that wedding video alone isn't sustainable, but as Philip said, it can be a combo of another field.

Dean & I have been in business for 5 yrs and this year, I quit my teaching job - now I'm full time. This was a tough choice but it's been the best one I've made. What we have done in a lead up to this, is build up our business. I've spent lots of time, money & energy with my branding & marketing. Still there is lots to do and we still run from home. Over the last month I've realised by not being around, I potentially may have missed enquiries, even with an answering machine.

So yes, you can go full time and photography is a great tool to compliment your business. Your website is slick...just be conscious of laying down the mechanisims to support your business. I've seen so many people who crumble b/c the pressure of full time work in this industry is beyond their ability to cope with running a business....

Hope that makes sense.

Wow! These are great advices! I myself is really new in wedding videography and I work full time as engineer. I have started investing on equipments already, and who knows, if it pays the bills, I might go full time on videography.

Dear Dave,

Do you drive tours? You have an bus full of people who would love to buy a DVD of their trip. Don't sit on the bus while they are having fun, get your camera and film them. Get their address and sell the DVD. Now they know a photographer and when their grandchild get married, your name pops up......

Ken who drove and drove.......

Dave, some excellent advice here. Ive been full-time video for around 3 years now and never looked back, left a senior management job which was paying £50k+ per year. I think sometimes you can wait forever for the right time to make the move and for me it was never really about the money, I just wasnt happy.

Running my business full-time has helped tremendously and is far more rewarding than working for someone. Many of the things Phillip said apply in that its the quality of life I enjoy now rather than material things.

Choose wisely!

what is the essentail ingredient in going full time ?
That is the willing in going full time.

If you want to do, you can do it as long as you want it bad enough.
You will have to do the investment in time and material and it won't be easy at first, but it will work out.

Your question for getting rich ... follow these tips ;o)
it's very difficult getting rich in offering services.
The way to go is offering products.
Making a wedding video is a service.
Having several teams and offering multiple weddingvideos a day is offering a product.
Keep in mind, it's hard and difficult but it all starts by doing what you love to do.

Another tip is raise your goal higher then expectation within realistic boundaries.
If you're making now for example 6k a month.
Instead of saying : "next year I'll make 6k a month", you'll have to say : "next year I'll make 9k a month" and do whatever is possible to achieve it and you will achieve it.

This is just my advice from my own personal experience.

I'm a strong proponent of multiple streams of income. I used to do weddings full time (about 30 - 40 per year), but after all the expenses and taxes, etc. I only netted about 45 - 50K a year which is nothing in California. Plus the workload was just too insane... always editing 24/7, never being able to take a vacation, and having the wife be constantly pissed because I'm gone every weekend and not able to attend parties or family functions.

Thankfully she works full time and has a health insurance plan that I'm on. Without that we would have been screwed.

I now work as a freelance corporate video editor during the week, occasionally do corporate shoots, and book about 10 - 15 weddings per year max.

I've never been happier with this set-up. The money is sustainable, I have more weekends free and I'm not editing weddings round-the-clock. I wouldn't do it any other way.

Hi Jeff

Me too!!! If weddings go quiet (as they do here in Winter ..it's not that cold but very wet!!) I have my alternate incomes to fall back on and also it means that you can do a far more manageable one wedding a weekend instead of fighting with a Fri/Sat/Sun scenario!!

During the week I do Property Condition reports for Realtors ..it's stress free and just involves going to an empty home (before the tenant moves in) and doing a zip around each room and the garden making comments on any defects. Usually takes less than an hour!! The nice thing is you do it in your own time with no-one to bug you!!

I also make camcorder rig tutorials and that gives me a neat 2nd passive income from my website.

Putting all your eggs in one basket can be both dicey and very stressful as a sole income source!!

Chris

Great advice in here!
I went video full time as soon as I finished Uni and after 3 years I think that I'm starting to earn a good living out of it. I'm also supporting wife/baby so no other income at the moment.

I'm quite surprised with some comments on this thread. you cannot make a good living out of wedding videography? I know people making £40K-£50K a year and if that's not a good salary I don't know what is!
I've been filming weddings for the last 2 years as a freelancer for someone else and i decided to take the risk and start offering full service myself last November. Since then I've had 13 weddings booked. I've been offering a cheap package in order to get a proper portfolio but i envisage putting up the prices next year and hopefully do 20-25.
And i agree with everyone before me, nothing like being your own boss, I wouldn't ever go back to 9-5!

Hi Guys,

I'm overwhelmed with the response and it seems I may have picked the wrong words "Rich". At the end of the day, I'd like to have a successful Business that I can provide for my family with. I am based in the South of Sydney, Sutherland Shire area. Not a lot of competition down here. If you google "Wedding Video Sutherland Shire", I usually take up the 1st 2 results for both my pages drumroll & defilms.

Success for me would be to have a solid reputation as the one to hire for Videography services here. I'd like a shop front in Cronulla and shoot about 70 weddings a year this would give me an income that would cover expenses and enable full time self employment.

Still doing tours and have started filming destinations, although the day is busy. I'ts great to look forward to every day.

If you ever plan a trip to Sydney look up www.aptouring.com.au and it would be great to meet up, just make sure you request me as your tour guide..

I'm full time with my business and I am employing 3 more people. Soon I will be hiring a fourth.

Going full time is a big step, but it's just a step and the first of many. There has been some good advice given. Set goals... Short term, long term... And intermediate goals that will help you achieve those goals. Hold yourself accountable. Reward yourself for achievements. You have to be willing to take risks. You have to be willing to put in the time. If you ever start to feel like you are getting burnt out... Hire someone quick to take care of whatever is taking up most of your time so you can get back to doing whatever it is that you you enjoy that got you doing what you do.

I involuntarily went full time Jan '09 and can't imagine going back. My wife does have a great job and has health benefits covered. (seems to be a theme on this particular thread!)

Now, I don't go after the wedding biz though I have done a few.
Personally, I'd rather have a wide variety of projects and have built my biz by never saying "No".
Let me follow that by saying I have turned down lowballers on projects but never due to "I can't or don't know how or I don't have time" I can ALWAYS find a way to get stuff done.
It's forced me to build a team of pros that can handle any type of project regardless of scale. Kind of a virtual production/multimedia company. Nice thing is since we are all independents, there's no real overhead and with all of us out there fishing for work but from different angles, our success in landing projects has been great. Whoever lands the gig oversees the project.

The real benefit to being self employed is the time I get to spend with my wife and kids. I do most of my editing at night and with shoots scattered through each week, it's great! And now that I've jumped on the smartphone bandwagon, I can check and respond to emails anywhere.

No regrets!

I do this part-time. I used to live in the Poconos (Pennsylvania) and for a while it looked as though I could possibly make it full-time. That's when this economic B.S. hit. My jobs dried up almost completely and Craigslist didn't help either with having people go for cheap rather than quality. My full-time job also became part-time because of lack of clients there too (I was a graphic designer).

I ended up moving and have a full-time job with benefits and my wife is a photographer who will shortly be doing that full-time. With the move we both need to re-establish ourselves.

There's pros and cons to both full-time and part-time.

I went full time almost by default over twenty years ago. I had worked as a pro photographer and had video as a hobby. A move back to my home town for family reasons reduced my income from photography so I supplemented it by working at the local art college as a part-time lecturer in photography and added a video module. Video was still a bit novel back then. I set up a student crew shooting drama, dance, bands and fashion - the college ran a fashion design course. Through that I was asked to film a couple of weddings, then a couple more and very soon became the one to ask to cover weddings. Around that time the college merged with one in another town and the A V side was moved away, I didn't go with it but had built enough of a reputation and contact base to risk trying video full time. The rest as they say is history. Though I have been doing weddings ever year since I would say that it would not have been possible to survive financially solely on a wedding market, bear in mind that I'm in a small rural town so you may have a larger more lucrative market in a city.

The benefits from my point of view are that I'm my own boss, I like to do things my way.
I can work my life around a schedule that suits me and my family
I can take holidays and days off when I like. Obviously not on someone's wedding day.
I can work with the kit I want to, well what I can afford.

The downsides are.
You must continually seek and secure work.
Your income flow can be erratic, sometimes non-existent.
You must make your own provision for illness, time off and eventually retirement.
You'll stand or fall by your own hand - unless you get into employing people you'll have to carry the can for everything, even when it's not your fault.

Would I start a video business right now - no
Do I wish that I hadn't - no.
As with any business, if it's something you love you'll do everything you can to make it work. If your doing it to get rich the only tip I can give is - start off rich.

Unfortunately I am going back to part time and am taking a course in GIS (geographic information systems) so I can generate a decent income (in BC $55k starting salary in normal) working in that field while I wait for the video industry to stabilise here.

There is to much turmoil in BC in any arts field and I am hoping things will improve over the next few years but the income I am generating this year is abysmal compared to last year.

My business was primarily live events (Sports, Concerts etc) and corporate and I started doing weddings this year. ALL aspects of the business have slowed to a crawl. Competition from lowballers who do this as a part time "hobby business" and laid off news crews have definitely stifled things. On top of that, many customers in my area are actually finding 2010 to worse than 08/09 for their end of things. Perhaps my region was a little slow to accept the downturn?

Anyhow. My main concern about going back to school for a non-video career has been, will I be able to still do this profession part time? I really enjoy video production and setting my own (if oddball) hours.

On the other hand I may find new aspects to the business that I never knew about. While talking to some of the instructors I found that they have a need for video! I may actually find paid work providing some sort of video service to their Geomatics lab while attending school.

I am moving to a new areas to attend this 1 year program but maybe a change of scenery will lead to some part time video work outside of the college. Anyhow, it feels weird going back to part time, but one can see the writing on the wall and I don't have the financial buffer to allow for a dead year or two.

I was a full time wedding videographer / one-man show for 5 years (2001 - 2006). I made enough money to survive, but after paying taxes every year and having to buy new equipment to stay current, I basically broke even. I fortunately landed a steady freelance gig as a producer/editor for a major corporation, so now I only do about 10 - 15 wedding per year tops. I can get more creative with the weddings because I have more time to focus on each one, and don't have worry about spending a fortune on marketing.

My wife has a good full-time job with health insurance and 401k so I'm on her health plan. For those of you doing this full-time with your spouse... how do you plan to retire? You can only break even for so many years before you have to start getting serious about the future.

The problem with doing weddings full-time is that you're painting yourself into a corner, and considering the physical demands of the job, there's no way you'll still be able to do this when you're 60 +.

Jeff, I don't think I'm the only person here who's on the wrong side of 65 and whilst I agree that the shoot day is physically demanding, whilst the knees hold up I intend to keep going. It's all too much fun and I hate golf.