calvinjhfeng wrote in post #14479985
You are missing investment.
If you are going to start a business and to provide professional service, you need to invest at least a good couple thousands in professional gear and hire professional assistants. ...
You probably should know all of these before you start a business.
Haha, if someone were asking if they should make an investment, smart entrepreneurs would tell them that they should have a business first!
I'm inclined to agree with that point of view. Capital investment should only be made when the business has orders that it can't fill because of lack of capital. Everyone likes to buy new stuff, particularly camera equipment, but the real value in a business is created by knocking on doors or picking up the phone and asking for orders. (An employee can have value because of their skills, but being a skilled employee is only a small part of putting together a business.)
In fact, if someone's goal was to fast-track a wedding photography business, I'd tell them not to waste their time with anything photo related - it's easy to hire people to fill that slot. And, if someone's goal was to become a professional photographer, I'd probably tell them to develop their skills while they find a business partner to go knock on doors and get orders. Forming an organization that has nothing left over after you take your salary is called creating a job, not starting a business.