Rose Coleman – Episode 003 – A Photographer Podcast Interview

From Nothing to Profit

Today we interview Rose Coleman. Learn about her story of growing up in the industry and after years, switching from a boutique photography studio model to a volume studio based on club sports. She said no to overhead and yes to profit. It is important for Rose and her husband to stay debt free. She shares some great ideas on how to have less debt and more profit. As Rose says in this episode, it is all about the money you keep not the money you make. Rose is known for photographing athletes, sports, dancers, and gymnastics. Where she makes piles of cash is photographing 11 club teams in one night. Listen to her explain why this is such a profitable business model. You can follow Rose on Instagram at @RoseColeman or @centerstageportraits and also on her website https://www.centerstageportraits.com/ Books from the Episode Strength Finders 2.0 https://amzn.to/2PwMIcJ Brendon Burchard https://amzn.to/2CkdlxW Girl Wash Your Face https://amzn.to/2NH87hH Other Resources Matt’s Ant Farm YouTube side note: https://www.youtube.com/user/AntsCanada Additional Free Resources at MattHoaglin.com Read Full Transcript Rose: 00:01 This is Rose Coleman and you're listening from nothing to profit. Speaker 2: 00:03 Welcome to from nothing to profit, a photographer's podcast with Matt and Kia where each week they talk to photographers about what is working in their business now so you can swipe those ideas and grow your business faster. Today Kia: 00:20 we are going to be interviewing Rose Coleman and rose has been part of the photography industry for over 18 years. I'm going to say more than that because she's actually grown up in the industry and I've known her for forever it seems like, and I'm so excited to have her on here. She's a as, as I said, she's grown up in the industry and been a part of it, but what she's done as a business owner, after her second child was born, she left behind the boutique studio business model and created a fast paced sports photos, photography company with her husband in 2015. She is known for her clean, beautiful work with dancers, gymnastics and athletes. And if you follow her on Instagram, you'll see some of that amazing work. And just recently she and her husband purchased a five acre homestead that they are going to live on with their three darling children and they plan to create their dream studio there. So I'm assuming it's going to go back somewhat to the boutique business model but still incorporate her love of sports photography. Is that true rose? Rose: 01:31 Yes. We have been looking for a piece of commercial property and rent is very expensive and so kind of our business model has a lot to do with just our financials, like kind of more more of our decisions as we've kind of grown and evolved has been majority focused on like is this profitable enough? Like when we were in the large studios space, um, a lot of it went to general expenses and employees and overhead and upkeep of things. And as we continue to kind of move forward and we kind of gotten to a spot where it's like we're going to have in two years we're going to have to have something and we rent only like two months out of the year when we need to have something. So we've always kind of known if we can get our hands in something local that has a home property, but also has a place for an exterior building, a metal building barns, something of that sorts with some land that was my ultimate dream and I'm kind of where we're at those very expensive. Rose: 02:32 So it's like either commercial property or just can we evolve that into having it in a space or home. So, you know, most of our expenses would be, you know, linked into together and just be more efficient, be more profitable. So yes, we close actually next week on Friday and move into that building. It has five acres. I'm an older home that we're going to fix up, but it has um, five acres and it has a barn because it was act...