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Where do you get the money to start a new photography business?

#photography

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Jessica’s Answer

Hi Melissa! I suppose this answer likely varies on a lot of factors. For me, I am in the process of starting my own photography business as well. I have a full time "day job" that I use to help fund my growing photography business. Photography equipment can be quite expensive but don't let that stop you from starting where you are. I have sold photos I've taken with my iphone, alongside photos I took with my quite expensive camera. Start where you are and keep going. Loans can definitely be an option, for me, I always want to ensure I have income coming in so I can be sure I will have the funds to make those payments back. It can take a while to get any new business off the ground so give yourself space, time, and grace. You could also try doing some events/fairs/craft sales where there is minimal buy in for the cost of the event itself, but it gives you a chance to be seen, get feedback. Remember photography is art, and art is entirely subjective. Ultimately chase what brings you joy, and the right audience will be drawn to you if you keep putting it out there. Best of luck to you!

Jessica recommends the following next steps:

Establish the style you love and want to pursue (you can always change this)
Look for any small opportunity to share your passion
Once you've tackled the small ones, jump into bigger opportunities
Keep being amazing and putting your light out into the world!
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David’s Answer

How much money you need depends on which genre of photography you pursue. If you are going to open a studio to shoot advertising photography and you are located in a major city you are going to need well over $100,000. If you're looking at photojournalism, pro level gear to get going will probably run you around $35,000.
If you're wealthy then problem solved. If not, you're going to have to get a loan from a bank or use credit cards.
You don't indicate what you are interested in shooting. To start, I recommend used gear and reinvest in better gear as you make money.
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