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Gene Higa is a destination wedding photographer based in San Francisco, but he’s got great tips for all kinds of photographers. In today’s Tip of the Week, Gene reminds photographers how important it is to meet new people and that helping others always pays off in the long run.

“How do you get someone’s attention and keep it?”

“It helps our business basically come out of nonexistence.”

When Joe McNally, a legendary photojournalist and lighting guru, stopped by the liveBooks office during some rare down time in San Francisco, I couldn’t resist setting up a video interview. (Thanks to videographer Drew Gurian.) Joe has contributed to National Geographic for 20 years and was a staff photographer for LIFE magazine. He works with huge commercial clients and produced a seminal portrait series of September 11 heroes. He’s also the author of two must-read instructional books and writes a very popular blog — which brings us to the video below.

Joe started his blog in 2008 after prodding from friends (and avid bloggers) including Moose Peterson, David Hobby, and Scott Kelby. Now the blog is an important part of his business, especially since “big pipelines” for assignments have dried up in recent years.

“Any photographer out there now is stitching together things,” he says. “Work comes now in all sorts of strange ways.” Smart photographers like Joe understand that blogs and social media are an important part of that patchwork. They bring in assignments, create buzz, and help build community with other top professionals. (If you haven’t seen Joe’s parody of Chase Jarvis’ Consequences of Creativity video, I recommend you watch that too.)

“Start tapping into what you already have.”

Ray Kelly, New York City Police Commissioner, atop a building that overlooks Ground Zero. Marc Asnin/Redux

Miki Johnson: How many editors would a participant in the NYCFotoWorks Portfolio Review potentially get to see?

Marc Asnin: You’ll see 14 if you sign up for two sessions. Our thing right now is that it’s an incredible list of editorial people. Last time we had one of these sessions, most of the people came from out of town, which I thought was very interesting. I think they realized that if you’re paying $399 and you’re getting to meet with seven editors — you can’t FedEx your portfolio for that. And how many people are going to look at your portfolio online? Does it get through the spam filter? All the editors are really into it. It’s refreshing to see that you can get 50 editors to participate. Even in this difficult time, they still want to see new work.

This year, meetings are during the day and into the evening. So let’s say you come in the morning and you have three sessions out of your seven, you’ll be able to hang out. So maybe you only got seven minutes with someone from Vanity Fair, but then you could also talk to them during the intermission. We will also have a wrap party so that the participants can all get to know each other. It’s good to hang out with your peers, too. When I taught at SVA, I always told the students, you can learn much more from each other than you can ever learn from me; you’re the same age, you’re in the same world.

One thing we did last time and we’re doing again is making sure that there’s a certain quality of photography we’re showing. It’s not like I’m expecting everyone to be Annie Leibowitz. But we wouldn’t ask photo editors to give their time to look at work that’s not on a professional level.

We’re also not pigeon-holing people. So if you’re a reportage photographer, that doesn’t mean you can’t see Vanity Fair. That’s an important thing for photographers to understand. For instance, I’ve worked with Bruce Perez at Redbook. If you don’t understand the magazine world, you might wonder, what would Marc ever do for a woman’s magazine? Well, I did a story on breast cancer and another on a boy with brain caner. So you can get interesting reportage work at a woman’s magazine. I used to work a lot for Good Housekeeping and did some other incredible stories there.

A portrait of David Rockwell, design impresario, for Business Week. Marc Asnin/Redux

MJ: What tips do you give photographers about their meetings with editors? More »

“We also have a la carte pricing so they can see the value of each package.”

“Shoot A LOT and figure out what you’re really good at.”

New York Magazine last week published the most in-depth article yet chronicling the sad financial downfall of celebrity photographer Annie Leibovitz. The question on everybody’s mind is how a person who’s making an annual salary of $2-to-$5 million could run into a debt of over $24 million. The Wall Street Journal blames it on her “leverage-and-live-large lifestyle.”

In a surprising move, Time Inc. has purchased a house in Detroit to serve as a long-term base of operations while its publications document the struggle of the nation’s automobile capital. This seemingly unprecedented move will allow Time’s journalists to cover the story not only as observers, but as part of the community.

The iPhone emerged this month as the most popular camera on Flickr, ousting the long-reining top uploader, the Canon Rebel XTi. We’re not surprised considering how easy  iPhone images are to upload and the improved picture quality of the new 3GS. At the time of writing this post, the XTi has climbed back to the top of the chart, but we’re betting Canon is paying attention and expect to see wi-fi upload capabilities in their DSLRs soon.

Matt Mandelsohn’s The Lesson of Lindsay is a beautiful story of young girl struggling with personal tragedy. The fact that the piece was turned down by every potential publisher, one because they wanted “happy” news stories, is just a tragedy. A Photo Editor boils it down to the “duh” soundbite that publishers still refuse to listen to.

One of Gustavo's photos from his Hogs for Kids tour. ©Gustavo Fernandez

No one has more power to change the world than photographers. Yes, yes, doctors are regarded as the human deities of the world, but with few exceptions photographers are embraced with open arms everywhere they go. Because whatever your photographic discipline, and no matter where you travel, you can barter your talent as a shooter for just about anything. Including the well being of children in a far away country.

A week and a half ago photographer Gustavo Fernandez packed up his Harley Davidson to be shipped back to California from New York. He had successfully concluded his second annual “Hog for Kids” motorcycle ride across the United States in a bid to raise money for impoverished children in the Dominican Republic, where Fernandez was born.

In his first career, as a pharmaceutical rep, Gustavo frequently contributed to Children International, a Kansas City-based organization that aids needy children around the world. When he left that steady paycheck last year and plunged into a new career as a photographer, Gustavo (like most making that transition) was watching his bank account with a frugal eye. His budget wouldn’t accommodate his annual donation to his favorite charity.

Gustavo Fernandez ©Michele Celentano

Unwilling to abandon the kids of the Dominican Republic, Gustavo went on a motorcycle ride to conjure a creative solution. He was sitting on the answer. He loves riding his Harley and he loves making pictures. Thus emerged Hog for Kids.

As he rode east to New York, Gustavo shot portraits of the children along the way — in exchange, the families contributed his room, board, and a $264 annual ($22 monthly) sponsorship of a child through Children International. This year’s successful trip took 28 days and received international attention. Gustavo says he is looking forward to riding again next year — provided he gets the feeling back in ass by then.

There is no other art form that is so versatile in it’s adaptability and portability for aiding others than photography. As Gustavo demonstrated, all that’s required is the will and the application. Your efforts don’t need to be as grand as a motorcycle ride across the country, but I do urge you to try and find a charitable application of your talent at least once a year. Not only is it good for your soul, it’s good for your career.

As Gustavo discovered, any experience with a camera in your hand, paid or charitable, will always make you a better shooter than you were the day before. He returned from his first Hog for Kids ride a markedly better shooter than before he left. When you place yourself in photographic situations that are unfamiliar and require you to adapt quickly, you’ll be improving by a significant factor. If those situations are charitable in nature, you have more latitude for mistakes, which will ultimately prepare you for the times when mistakes are less tolerable.

Photography is a unique profession that is a golden key to the world. Don’t keep it all for yourself.

From Doug's "Heaven, Earth, Tequila" project, which was a commission as well as a book and exhibition, with prints like this one now for sale on his website. ©Doug Menuez

So far in this column I have touched on general issues of starting a photography business. Now we’ll explore the mystery of profits. If you want to make a profit, stay in business, and retire some day, you need to know your break-even point. Break-even is reached when your income is equal to all your costs: production, marketing, fixed overhead, taxes — everything.

Why is this useful to know? Because every decision you make impacts your costs and/or potential revenue, so you should be evaluating all options in the context of your cash flow and whether you will make a profit. When you print a new portfolio, buy a camera, or advertise in a source book, you are taking a calculated risk that these expenditures will yield jobs and revenue. If you can’t do the math and actually calculate that risk, it’s just risky.

Most of the photographers I know take every job they can, happy to be working and oblivious to the fact that some jobs cost them more money than they will earn. This happens because they don’t know their break-even and are not factoring in all their costs.

You simply must know if you can even afford to take a particular job before you consider it. Sometimes photographers take a loss for a great assignment that will help the portfolio. But if you rationalize a low fee because the job makes you feel better, or think it gives you momentum, think again. Sometimes we are asked to do a job as a favor with the promise that next time we’ll be paid properly. I can pretty much guarantee you that this promise is a lie 99 percent of the time. Especially in this economy.

You can go out of business in a hurry working under the illusion that being busy is the same thing as making a living. More likely you are just churning and burning resources without getting ahead. If things slow down, look out. Instead, be strategic. Your goal should be to make a profit to provide financial security and funding for future creative endeavors. Therefore, each job you accept should fit into what you defined in your business plan.

The next step is to understand your profit margin. This is where you can really refine your goals, focus your mind, and get the business in gear. This often-ignored tool is simple: profit margin equals your net profit after taxes divided by total revenue.

Say your net profit is $30,000 on $300,000 of revenue. Your profit margin is 10%, not so great. Average business margins are around 30%. With that knowledge, you know it’s time to cut overhead, raise your fees to earn more, or both. If you regularly check yourself against an ideal profit margin, you are utilizing a potent tool to analyze your business costs. Now you are starting to take control of your own destiny.

Let’s break it all down another way: Say your total yearly overhead at the moment (Fixed Expenses + estimated Cost of Goods Sold + estimated taxes) is in fact $300,000. That is the minimum amount you have to earn to break even. Now look at your income and how it is billed. If you bill per ad, and you’re getting an average of $10,000 per ad for usage fee, and you shoot about two ads per month, your total annual income is $240,000 — and you are losing money.

Until you do this math you probably think you are skating by because the checks are coming in. You are short and late on some bills, but you are working. But by not making a profit, you are actually way behind and won’t last long. You shot 24 ads at $10K each, but you need to do 30 ads at that rate just to break even. To make a profit you’ll need to significantly cut costs, raise your rate, or both.

Based on your break-even today, and considering your market, forecast a number of jobs for the year that seems conservatively realistic and how much you’ll need to charge to arrive at a 30 percent profit margin. Carve that in stone or on your forehead and aim for it. Now you can be strategic about every job you accept and every dollar you spend. You can keep track of your progress easily and push yourself and your team toward that goal. Profit. Make it part of your plan.