In This Episode:
- Why Dana Kaye and Felton Kizer came together to build a stock photography business–and the important mission behind the company
- How the process of making things official helped them learn how to work with each other
- The skills they’ve learned as they have developed the new business, as well as how they’ve leveraged their existing business-building skills to give it a jumpstart
- Why they’re each playing the roles they are in the new business and how that’s guided the development of the business
Starting a second—or third or fourth—business is a great test of your skills as an entrepreneur.
On one hand, you’re reminded of all the things you learned getting the first venture or few off the ground. You can put those skills to use faster and avoid some of the hassle you went through when you did it before.
On the other hand, there are inevitably new things to learn. You might need to pick up skills that come from using a different kind of business model. Or, you might need to learn some new software. Or, you might want to acquire some new marketing or sales skills to support the new company.
Last year, I had to level up my own skills as the co-founder of my second company, YellowHouse.Media. YellowHouse.Media is the podcast production agency I run with my husband, Sean.
Starting the new venture was a huge affirmation of skills that I already possessed.
It was incredibly fun to design a business from scratch and see it come to fruition really fast—almost exactly how I had envisioned it. I even got to exercise skills around package design and pricing that I had learned but never put into practice.
But there were also all kinds of new skills to learn, too.
I needed to learn how to run the business model I had designed. I needed to develop new communication skills and new team-building skills. And I had to learn new software, too.
Of course, the biggest learning curve was figuring out how to work with a business partner—and how to work with my husband.
We’re still figuring that one out.
All this month on What Works, we’re talking about leveling up our skills and, this week, I’ve got the inside scoop on a brand new joint venture that friend of the pod Dana Kaye and her new business partner Felton Kizer put together. Knowing what I’ve learned about my own second company, not to mention working with a business partner, I knew this conversation would teach us a lot about the skills that go into building a new business.
You might remember that Dana Kaye is the founder of Kaye Publicity, a PR firm for authors, as well as the host of the podcast, Branding Outside The Box. Felton Kizer is a photographer and the founder of Off-Kilter Media.
Together, they’ve just launched Bouquet Stock Photography. They wanted to see more people of color, those in the LGBTQIA+ community, non-binary folks, and those with different sizes, ages, and physical abilities represented in the photography that’s available for brands and creators online.
But launching this new business required them to level up.
In this conversation, you’ll hear how they decided to partner up and what skills they’ve learned to communicate clearly, divide labor, and work together effectively. We also talk about the specific skills they needed to make the business a reality—like ecommerce design, search engine optimization, and revenue sharing.
Now, let’s find out what works for Dana Kaye and Felton Kizer!
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