The Profitable Creative

The Profitable Creative

By Christian Brim, CPA/CMABusinessEntrepreneurshipArtsMarketing
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The Profitable Creative episodes

  • From Corporate to Consulting | Cameron Williams

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    In this episode, Christian Brim interviews Cameron Williams of Kynli Consulting, an accounting and fractional CFO consulting firm. They discuss Cameron's journey in starting his own consulting firm and specializing in working with marketing agencies. They also share some of their worst horror stories dealing with clients who struggle with numbers and financial management. The main theme of the conversation is the importance of communication and collaboration between accountants and creatives to ensure financial success. In this conversation, Cameron Williams and Christian Brim discuss common mistakes and misconceptions business owners have about taxes and accounting. They highlight the importance of clean finances and accurate record-keeping, as well as the need for effective tax planning and strategies. They also caution against fraudulent tax preparers and unrealistic promises of tax savings. The conversation emphasizes the value of working with a knowledgeable accountant who can provide personalized advice and guidance.

    PROFITABLE TAKEAWAYS..

    • Starting a consulting firm requires taking risks and learning from both successes and failures.
    • Niche specialization, such as working with marketing agencies, can lead to significant growth and success.
    • Creatives and marketing agencies often struggle with numbers and financial management, highlighting the need for accountants to bridge the gap.
    • Clear communication and collaboration between accountants and creatives are essential for financial success.
    • Cash flow is a common challenge for marketing agencies, and it can be addressed by managing distributions, loans, and credit card payments. Clean finances and accurate record-keeping are crucial for effective tax planning and compliance.
    • Working with a knowledgeable accountant can help business owners navigate complex tax laws and maximize tax savings.
    • Beware of fraudulent tax preparers who make unrealistic promises of tax savings.
    • Tax strategies should be tailored to each individual's unique financial situation and goals.




    Join our community of creative entrepreneurs and get a free copy of our No-BS Guide To Making Your Creative Business Actually Profitable delivered straight to your inbox. We’ll share smart, simple tips to help you keep more of what you earn—no boring accountant talk, we promise.  
    https://bit.ly/4uCmlX2

    45 min
  • Flying High: The Journey of FlyRoute | Collin Caffrey

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    In this episode of the Profitable Creative, host Christian Brim interviews Colin Caffrey, founder of FlyRoute, a drone film service provider specializing in high school football. Colin shares his journey from a career in private aviation to entrepreneurship, discussing the challenges and successes he faced while building his business. He emphasizes the importance of pricing strategies, market research, and the implementation of the Profit First system to ensure financial health. Colin also introduces the service partner model for expansion and reflects on the significance of branding and naming his company.

    PROFITABLE TAKEAWAYS...

    • FlyRoute specializes in drone film for athletic programs.
    • Colin transitioned from private aviation to entrepreneurship.
    • Pricing strategies are crucial for business sustainability.
    • Market research helps in setting competitive prices.
    • Growth can be rapid but requires foundational support.
    • Profit First helps manage finances effectively.
    • The service partner model allows for expansion without franchising.
    • Branding is essential for business identity.
    • Colin emphasizes the importance of leadership in business.
    • Continuous learning and adaptation are key to success.



    Join our community of creative entrepreneurs and get a free copy of our No-BS Guide To Making Your Creative Business Actually Profitable delivered straight to your inbox. We’ll share smart, simple tips to help you keep more of what you earn—no boring accountant talk, we promise.  
    https://bit.ly/4uCmlX2

    41 min
  • Incorporating Personal Passions into Your Brand | Amy Singleton

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    Amy Singleton of Hite Digital discusses her journey from being a registered nurse to starting a digital marketing agency. She emphasizes the importance of understanding the business side of marketing and the need for a solid foundation in areas like operations and customer experience. Amy's passion is bringing hope and purpose to people who have experienced failure, and she incorporates this into her personal brand. She explains how creativity and practicality can intersect to turn passion into profit, and she describes it as a symbiotic relationship. In this conversation, Amy Singleton and Christian Brim discuss the concept of a lifestyle brand and how it relates to business and branding. They explore the importance of community and creating a common language and symbols to build a strong brand. They also delve into the power of branding and how it can influence consumer behavior. They touch on the challenges of hiring and pricing in business, as well as the need for clear expectations and value pricing. Overall, the conversation highlights the importance of building a strong brand and providing a great client experience.

    PROFITABLE TAKEAWAYS...

    • Understanding the business side of marketing is crucial for success.
    • A solid foundation in areas like operations and customer experience is necessary for effective marketing.
    • Incorporating personal passions into your brand can attract the right audience.
    • Creativity and practicality can intersect to turn passion into profit.
    • A symbiotic relationship between creativity and practicality is key to success. A lifestyle brand is a way of looking at life and business, and it involves creating a community and a common language among customers.
    • Branding has the power to influence consumer behavior and create emotional connections with customers.
    • Hiring can be challenging for business owners, but being clear on expectations and using a scorecard approach can help find the right fit.
    • Raising prices can be difficult, but it is important to charge what you are worth and provide a quality product or service.
    • Building a strong brand and providing a great client experience are key to success in business.





    Join our community of creative entrepreneurs and get a free copy of our No-BS Guide To Making Your Creative Business Actually Profitable delivered straight to your inbox. We’ll share smart, simple tips to help you keep more of what you earn—no boring accountant talk, we promise.  
    https://bit.ly/4uCmlX2

    44 min
  • Playing for Change: Music with a Purpose | Peter Bunetta

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    In this episode of The Profitable Creative, host Christian Brim interviews renowned musician and producer Peter Bunetta. They discuss Peter's journey from a young drummer inspired by The Beatles to becoming a successful producer in the music industry. Peter shares insights on the importance of learning the business side of music, building relationships, overcoming financial struggles, and the significance of independence in creative work. He also emphasizes the value of passion in music and the lessons learned from failures and rejections. The conversation concludes with Peter's involvement in the 'Playing for Change' initiative, which aims to build schools for music and art around the world.

    PROFITABLE TAKEAWAYS...

    • Peter's early inspiration came from watching The Beatles on Ed Sullivan.
    • Support from family was crucial in Peter's musical journey.
    • Understanding the business side of music is essential for success.
    • Building authentic relationships is key in the music industry.
    • Financial struggles can be overcome with resilience and creativity.
    • Independence allows for greater creative freedom in music.
    • Passion for music drives Peter's work and legacy.
    • Learning from failures is a vital part of the journey.
    • The future of music is shaped by new technologies and innovations.
    • 'Playing for Change' highlights the power of music to create positive change.





    Join our community of creative entrepreneurs and get a free copy of our No-BS Guide To Making Your Creative Business Actually Profitable delivered straight to your inbox. We’ll share smart, simple tips to help you keep more of what you earn—no boring accountant talk, we promise.  
    https://bit.ly/4uCmlX2

    47 min
  • The Role of Human Judgment in Creative Fields and The Changing Importance of Money | Bo Bennett

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    Bo Bennett discusses the impact of AI on the publishing industry and how creatives can adapt to the changing landscape. He shares how AI can be used to write books, create artwork, and automate marketing tasks. Bo emphasizes the importance of staying ahead of AI by focusing on personal expertise and finding new ways to add value. He also addresses the fear of job loss due to AI and highlights the need for human judgment and context in certain industries. Bo shares his own experience of using AI to turn book ideas into full manuscripts and explains the challenges and opportunities of working with AI. The conversation explores the role of AI in society and the impact it has on various aspects of life. It discusses the feedback loop between AI and human contributions, the potential for AI to detect its own writing, and the belief that AI is just a hype bubble. The conversation also touches on the relationship between money and happiness, the importance of making intentional choices, and the pursuit of financial success. It concludes with a discussion on personal accomplishments, the influence of luck in success, and the entrepreneurial background of the guest.

    PROFITABLE TAKEAWAYS... 

    • AI has revolutionized the publishing industry by automating tasks such as writing, summarizing, and marketing.
    • Creatives can adapt to the AI era by focusing on their personal expertise and finding new ways to add value.
    • While AI can perform certain tasks better than humans, there is still a demand for human judgment and context in creative fields.
    • AI tools can assist creatives in generating ideas, expanding on concepts, and streamlining the creative process.
    • The fear of job loss due to AI is not new, and history has shown that industries adapt and new opportunities arise. AI and human contributions have a feedback loop, with AI detecting its own writing and human contributions shaping the development of AI.
    • The belief that AI is just a hype bubble may be due to the lack of immediate impact on certain fields, but it is important to recognize its potential for future disruption.
    • Money can be a motivator, but its importance may change over time as other priorities, such as family and societal contributions, take precedence.
    • Financial success is influenced by luck and timing, in addition to personal skills and determination.
    • Personal accomplishments can include both professional achievements and personal growth, and the pursuit of wealth should be balanced with other aspects of life.




    Join our community of creative entrepreneurs and get a free copy of our No-BS Guide To Making Your Creative Business Actually Profitable delivered straight to your inbox. We’ll share smart, simple tips to help you keep more of what you earn—no boring accountant talk, we promise.  
    https://bit.ly/4uCmlX2

    40 min
  • The Dangers of Self-Deception | Robert Hunt

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    In this conversation, Christian Brim interviews author Robert J. Hunt about his book 'Nobody Cares' and the concept of accountability. They discuss the importance of taking ownership of one's life and making the necessary changes to achieve success. They also explore the role of coaches in holding entrepreneurs accountable and the power of self-deception. The conversation emphasizes the need for entrepreneurs to surround themselves with a supportive network and be open to feedback and criticism. The conversation explores the importance of taking ownership and being proactive in both personal and professional life. It emphasizes the need to make intentional decisions and set clear goals to achieve financial freedom and success. The speakers discuss the power of agency and the importance of surrounding oneself with a supportive network. They also highlight the value of seeking feedback and being open to making adjustments along the way.

    PROFITABLE TAKEAWAYS...

    • Accountability is crucial for personal and professional growth.
    • Entrepreneurs need to take ownership of their lives and businesses.
    • Coaches can provide valuable guidance and accountability.
    • Self-deception can hinder progress and success.
    • Surrounding oneself with a supportive network is essential. Take ownership of your life and business, and make intentional decisions.
    • Define your financial goals and adjust your lifestyle accordingly.
    • Surround yourself with a supportive network of mentors and peers.
    • Seek feedback and be open to making adjustments to improve.
    • Focus on lead generation rather than just building your brand.
    • Implement accountability systems to achieve your goals.



    Join our community of creative entrepreneurs and get a free copy of our No-BS Guide To Making Your Creative Business Actually Profitable delivered straight to your inbox. We’ll share smart, simple tips to help you keep more of what you earn—no boring accountant talk, we promise.  
    https://bit.ly/4uCmlX2

    49 min
  • The Emotional Side of Buying Decisions | Gee Ranasinha

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    In this conversation, G. Ranasinha, founder of Kexino, shares insights on the challenges of running a marketing agency, the importance of cash flow, and the complexities of human behavior in marketing. He emphasizes the need for strategic thinking and understanding emotional buying decisions, while also discussing the process of diagnosing marketing problems and evaluating effectiveness. Ranasinha highlights the concept of costly signaling and how perceived value can influence consumer behavior.

    PROFITABLE TAKEAWAYS...

    • Sales is the name of the game in marketing.
    • Cash flow is the primary reason businesses fail.
    • The suckiness of a product often stems from cash flow issues.
    • Human behavior in marketing is complex and unpredictable.
    • Effective marketing requires a solid strategy and understanding of the market.
    • Emotional decisions drive buying behavior more than logical reasoning.
    • Most businesses don't know their actual customer needs.
    • Marketing effectiveness is declining despite increased spending.
    • Costly signaling can enhance perceived value of products.
    • Many marketing agencies lack genuine expertise.

    Join our community of creative entrepreneurs and get a free copy of our No-BS Guide To Making Your Creative Business Actually Profitable delivered straight to your inbox. We’ll share smart, simple tips to help you keep more of what you earn—no boring accountant talk, we promise.  
    https://bit.ly/4uCmlX2

    47 min
  • The Connection Between Creativity and Divinity | Mackenzie Brim

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    In this conversation, Christian Brim interviews his daughter, Mackenzie Brim, about her journey as a creative. Mackenzie is a figurative oil painter who also teaches art classes, does murals, and takes on various creative projects. They discuss the struggle between following one's passion and making money, the different approaches to creativity in commercial art versus deeply personal art, and the importance of creating without thinking about the business aspect. They also touch on the role of AI in creative work and the connection between creativity and divinity.

    PROFITABLE TAKEAWAYS...

    • Creativity and making money are not mutually exclusive; it's about finding a balance between following your passion and finding commercial success.
    • Creating deeply personal and resonant art requires being in a creative bubble without thinking about the business aspect.
    • Different types of creativity exist, from finding alternative ways to use or do something to creating something entirely new.
    • True art comes from a connection to something greater than ourselves, whether it's called divinity or inspiration.
    • AI can replicate formulaic and commercial art, but true creativity and inspiration are unique to each individual.




    Join our community of creative entrepreneurs and get a free copy of our No-BS Guide To Making Your Creative Business Actually Profitable delivered straight to your inbox. We’ll share smart, simple tips to help you keep more of what you earn—no boring accountant talk, we promise.  
    https://bit.ly/4uCmlX2

    25 min
  • The Challenge of Attributing ROI in Creative Industries | Mark Wonderlin

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    Mark Wonderlin, owner of Mosaic Media Films, shares his journey in the video production industry and the challenges of balancing expenses and sales volume. He emphasizes the importance of focusing on the aspects of the business that bring joy and outsourcing the rest. The conversation also touches on the difficulty of attributing ROI in creative industries and the need to connect the dots for clients. The episode concludes with a discussion on the misconception that growth is always the best path for businesses. In this conversation, Christian Brim and Mark Wonderlin discuss the importance of profitability in creative businesses. They emphasize the need to be intentional with money and to focus on profit first. They also discuss the challenges of scaling a creative business and the importance of clarity and focus. Mark shares his personal journey of going from nothing to owning a successful video production company. They also touch on the pitfalls of getting caught up in the pressure to scale and the constant need for new equipment. Mark shares his vision for the future, including expanding his company to multiple cities and leveraging AI tools.

    PROFITABLE TAKEAWAYS...

    • Focus on the aspects of your business that bring you joy and outsource the rest.
    • Connecting the dots for clients is crucial in creative industries to demonstrate the value of your work.
    • Attributing ROI in creative industries can be challenging, but looking at the overall impact on the bottom line is important.
    • Growth is not always the best path for businesses; it's important to consider what truly brings fulfillment and success. Being intentional with money and focusing on profit first is crucial for the success of a creative business.
    • Clarity and focus are key in scaling a creative business and defining one's zone of genius.
    • Avoid getting caught up in the pressure to scale and the constant need for new equipment.
    • Manifesting and envisioning success can help drive personal and professional growth.
    • The goal is to create a business that exists outside of oneself and can be managed from the top.
    • AI tools may play a larger role in the future of creative businesses.




    Join our community of creative entrepreneurs and get a free copy of our No-BS Guide To Making Your Creative Business Actually Profitable delivered straight to your inbox. We’ll share smart, simple tips to help you keep more of what you earn—no boring accountant talk, we promise.  
    https://bit.ly/4uCmlX2

    44 min
  • The Importance of Choosing the Right Idea | Todd Henry

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    In this conversation, Todd Henry discusses his decision to self-publish his most recent book and the reasons behind it. He wanted more control over the size and distribution of the book and wanted it to be short, easy to read, and punchy. He also wanted to be able to distribute the book in a frictionless way and include it with his speaking engagements. Todd shares that self-publishing has allowed him to book more speaking events and have more immediacy in generating interest. He mentions that the profitability of self-publishing depends on how you define it and the goals for the book. Todd also talks about the concept of being missional and the importance of bravery in pursuing a better future. He emphasizes the need for an optimistic vision and a sense of agency to take brave action. Todd highlights that bravery is about serving others and pursuing something beyond profit. He also discusses the role of technology, including AI, in the writing and marketing process. In this conversation, Todd Henry and Christian Brim discuss the use of AI in creative endeavors and the impact it may have in the future. They explore the idea of AI as a tool rather than a replacement for human creativity, and how it can be used to enhance the creative process. They also share their personal experiences with money and entrepreneurship, and the importance of breaking generational mindsets. Todd reflects on his proudest accomplishments as a parent and as a creator, and shares his plans for the future.

    PROFITABLE TAKEAWAYS...

    • Self-publishing provides more control over the size and distribution of a book.
    • Including a self-published book with speaking engagements can generate more interest and immediate impact.
    • Profitability in self-publishing depends on how it is defined and the goals for the book.
    • Being missional means responding to something in the world and pursuing a vision that serves others.
    • Bravery involves having an optimistic vision, a sense of agency, and taking calculated and strategic actions.
    • Technology, including AI, can be used in the writing and marketing process of a book. AI should be seen as a tool to enhance the creative process, rather than a replacement for human creativity.
    • The use of AI in creative endeavors can provide inspiration, stimulus, and new insights.
    • Breaking generational mindsets around money and entrepreneurship is important for pursuing possibilities.
    • Being a successful parent means having a strong relationship with adult children.
    • Continuing to push forward and produce work is a source of pride and fulfillment.
    • Choosing the right idea to work on requires intuition and discernment.
    • The book 'The Brave Habit' and the podcast 'The Daily Creative' are valuable resources for exploring creativity and bravery.






    Join our community of creative entrepreneurs and get a free copy of our No-BS Guide To Making Your Creative Business Actually Profitable delivered straight to your inbox. We’ll share smart, simple tips to help you keep more of what you earn—no boring accountant talk, we promise.  
    https://bit.ly/4uCmlX2

    45 min

About The Profitable Creative

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Hey, Creative! Are you ready to discuss profits, the money, the ways to make it happen? The profitable creative podcast is for you, the creative, how you define it. Videographers, photographers,…