Spend money to make more money
“I’ve realized you have to spend money to make money,” says Brooklyn photographer Michael Harlan Turkell. “I had to turn down a lot of jobs this year because I didn’t have a commercial space, but I realize how much more productive I could have been with an actual space.”
As a freelancer, however, cash flow is always a concern, so Turkell is also on a quest to find a CPA who can help him spend wisely over the course of the year. “Right now, it’s about not knowing what to spend and I’m investigating how a quarterly schedule might work best for a freelancer,” he says.