Creative Success = Financial Balance with Flexible Budget Plans As a creative individual, dealing with irregular income can be daunting. In this episode of From "Creative Passion To Profit", titled "How Creatives Can Budget for Regular Income," I, Mahmood, tackle one of the biggest challenges faced by those in the arts and creative world—budgeting. Have you ever felt the high of being fully booked and having commissions flying off the shelves, only to be met with silence and income droughts the following month? You're not alone. But here's the good news: with a little planning, you can smooth out those financial ups and downs. In this episode, I'll share three simple steps to help you build a budgeting system that fits your lifestyle and supports your creative ambitions. You'll learn how to determine your essential baseline expenses, create a financial buffer for quiet months, and implement a flexible yet simple budgeting method that allows you to thrive creatively and financially. You'll also have some homework tasks... Timestamped Summary: [00:00:00] Introduction to challenges of budgeting with erratic income. [00:00:58] Step 1: Determine your baseline expenses. [00:02:12] Step 2: Build a financial buffer for quieter months. [00:03:46] Step 3: Apply a simple, discipline-based budget system. [00:04:58] Homework: Calculate baseline expenses and track income. Mentioned in this episode: Training Training Training Find out more about Budgetwhizz Find out more about Budgetwhizz Budgetwhizz…
A podcast about business, startups and the entrepreneurship journey through the lens of two 20 something's struggling to build a successful technology company.
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Episode 2 - Chat with Dr. Brandon Price
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42:37In this episode of Phase 1 founder, we continued our discussion of ideation with Dr. Brandon Price - Professor of entrepreneurship at University of Guadalajara as well as chair of entrepreneruship at Lamar University. Dr. Brandon Price runs his own pharmaceutical startup Biogenin in Mexico as well has served on the board multiple biotech startups. …
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First episode of Phase 1 founder explores the concept of ideation, how we first came up with our business idea for AtmoSpark and LockBox. We also explore our own strategies on ideation, and what makes a good idea worth pursuing. Show links:Dune wind traps: http://www.technovelgy.com/ct/content.asp?Bnum=47Adobe Kickbox: https://kickbox.adobe.com/Tha…
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