3.

How Much Are Your Costs Going To Be? This is both easy and hard to figure out. The easy part is you get to take every expense in your life and build out your rate of pay to occomodate that lifestyle or more. The hard part is to factor in each and every expense that you have in your life and categorize and prioritize it all to ensure a successful start to your new endeavor. Make a list of everything you can think of that you spend money on each month. Over estimate by about ten percent to twenty percent to ensure that there is a little gap to take in additional expenses if they come up. Once you have all your expenses written down, and I mean every little thing you might spend on each day, week, month, year. Take that number and divide it evenly throughout the year. Know what your daily, weekly, quarterly, and annual expenses are going to be, what you can reduce if needed, and what you might have to add to them should you need to support your business additional quarters or even a year. But make sure to include all your new business expenses. You'll have your website expenses, your business cards that have to be ordered regularly or enough to get you through the quarter, brochures can be extremely expensive and average 50 cents to a dollar a piece or more. Computer upgrades or a new computer for editing and storage, back up hard drives, etc. Be sure your financially prepared to handle the costs of doing business for at least the first year. You'll also run into many companies willing to put you out there for a couple hundred a month. It's a great investment to ensure a lot of hits to your portfolio and other social networking sites.