aristocratic3d Posted January 8, 2014 Share Posted January 8, 2014 HI, I am in the process of taking my visualization company to the next level. Invested some more $$ to increase our capacity. People here in Bangladesh at the end of their education after spending 26-28 years from their life get a "certificate only" that does not help them much to build the career. So when they dont get any job and wander in frustration; they come to know about 3D and eventually take a short course (6 months-1 year) to learn 3D software. So a very few of them reach to a professional level to earn a living. The people here who learn it are not capable to establish a firm themselves. People learn it only to make a living not to make money or do business. another reason is that most of the artists complete graduation on a subject that is not at all relevant to visualization/art industry. And when it comes to do a business, The people who have money invest into garments industry. Considering all that and the potentials I am going to arrange a workshop on 3D visualization in Dhaka. Where I will invite some people who have investment but I need to convince them that investing here is going to be secured. I am going to invite as well as some young guy (16-19 years) who will leave their traditional graduation and join us and take a 2 years course in order to build the career and make a standard living in only around 20 years of age. that's currently almost impossible in our country. So, I need your suggestions, guidelines to make this workshop successful. And most importantly if any of you (who have a great experience in the industry) are interested in traveling over here to join our workshop are most welcome. We will bear all of your expenses after you arrive at airport. Thanks a lot for your help and feedback. Abdullah CEO, Astudio Dhaka, Bangladesh Link to comment Share on other sites More sharing options...
Jonathan Posted January 8, 2014 Share Posted January 8, 2014 Sounds a strong and proactive idea but Im assuming your USP is under-cutting people on here so I'd doubt you get much response Link to comment Share on other sites More sharing options...
aristocratic3d Posted January 8, 2014 Author Share Posted January 8, 2014 I dont quite agree with you. May be its the situation there in the UK. But I am getting such a huge response that I feel like I can have work for 20 artist. Or may be even more. But the problem is to get the right artist for the job. People are not well educated here. At the moment I need response from one or two investors and 5-6 artists. I dont think my expectation is unrealistic. what do you think. Thanks for the reply though. Sounds a strong and proactive idea but Im assuming your USP is under-cutting people on here so I'd doubt you get much response Link to comment Share on other sites More sharing options...
Jonathan Posted January 8, 2014 Share Posted January 8, 2014 Here investment for product dev. is tough, investment for service industries even tougher, but not impossible. If you can get one interested party I'd be happy, but if you can, starting without investment is even better. Link to comment Share on other sites More sharing options...
aristocratic3d Posted January 8, 2014 Author Share Posted January 8, 2014 starting without investment is even better. How is that? these process costs some money! Link to comment Share on other sites More sharing options...
RyderSK Posted January 8, 2014 Share Posted January 8, 2014 How is that? these process costs some money! What costs money ? Workstations/Software/Office ? Bank Loan. There is no potential profit for any investor to invest in un-scalable bussiness model like visualization studio. They don't care about monkey work, it's peanuts. Link to comment Share on other sites More sharing options...
Jonathan Posted January 8, 2014 Share Posted January 8, 2014 For sure, words are the easy part! I don't have the answers Im afraid. Staggered growth can be more sustainable though. Link to comment Share on other sites More sharing options...
aristocratic3d Posted January 8, 2014 Author Share Posted January 8, 2014 Wow really? I thought the situation exists in Bangladesh only. since it has a nice reputation in garments rich people trend to put their money into that industry. What costs money ? Workstations/Software/Office ? Bank Loan. There is no potential profit for any investor to invest in un-scalable bussiness model like visualization studio. They don't care about monkey work, it's peanuts. Link to comment Share on other sites More sharing options...
Jonathan Posted January 8, 2014 Share Posted January 8, 2014 Unless you have a unique product I cant imagine who would invest tbh, in Bangladesh or anywhere. Create a product which you service, well that's a different matter... Link to comment Share on other sites More sharing options...
Scott Schroeder Posted January 8, 2014 Share Posted January 8, 2014 Selling garments and renders is comparing apples to hand grenades. I can make a shirt with 3 arms and call it "Garbage Chic" and sell it to thousands of people. I can make an awesome rendering and maybe my mom puts it up on her fridge. There is a very very narrow market for renderings and it exists outside and only outside of the general buying population. Pre economic collapse, you could find 3rd party investors who wanted to tap into the get rich in real estate idea that was going around. So many of them started these just awful studios and they lost quite amount of cash in doing so. The CG market (architecture, VFX, games, etc) is just way too risky for any investor to put their money in. It takes a large upfront investment to start, software, hardware, etc and the return can be very very slow. Now if you want to try to invest into education or get 3rd parties to invest in a educational program, that's a better idea and there is money in that. You could always offer workshops at your studio for people who want to learn. When I taught I constantly kept an eye open for students to hire later on down the road when I needed a little help on larger freelance projects. Link to comment Share on other sites More sharing options...
notamondayfan Posted January 8, 2014 Share Posted January 8, 2014 I guess your main problem will be proving your course is credible, and actually worth anything to your students. Perhaps speak to other studios and see what they require from new employees, and taylor the course to meet these requirements. There's no point in teaching lighting, if studios are crying out for modellers. Dean Link to comment Share on other sites More sharing options...
Nic H Posted January 9, 2014 Share Posted January 9, 2014 it doesnt sound very legit i think the combination of having 'investors' when there is nothing to invest in and 'students' is an awkward proposition and i struggle to see how you could make money or what specifically it is you are doing? i doubt anyone of note is going to be keen to fly to india on their own money to teach a free class either! im sure you have good intentions but it needs a little more thought and some reality. Link to comment Share on other sites More sharing options...
anejo Posted January 9, 2014 Share Posted January 9, 2014 Being that your in a creative field, I would suggest you come up with a creative way to get the funds you'll need to start your studio. Legally of course. Like most previous post, finding inventors will be almost impossible. However, I do give you credit for taking the risk and hope you succeed. Link to comment Share on other sites More sharing options...
aristocratic3d Posted January 9, 2014 Author Share Posted January 9, 2014 Here is the detail. the country is over populated and massively. 147,570 km² is the country size. 154.7 million is the official report in 2012. But everybody here know that this number is more than 170 million already by now. Govt is failing to create job for people who spent 26-28 years of their life to be a graduate. So the guardians and the students both are in problem. Its better for them not to spend their 8 years in fruitless study. (lot of my friends studied physics but now is a banker, studied botany but works with television media, studied journalism but working on a clipping path firm) A two years course can bring happiness to their life. And one can establish financially in 20 instead of 28. This is not an empty talk. if some guardians who are worried about their children's career understand the reality and dont follow the mass people who dont plan for the future then I can get many students. I dont have a problem of space. I already rent a 1000 sqft office. can merge nearby space as well. And this is cheap. So I can buy around 20 machine to make a small render farm. these machines can work in classroom as well. The plus point is that my customers are through out the world. BTW, Those students will eventually be the artists who will be happy with a $500-$600 /month. while I can earn $1200 a month easily from each artists. So having 20 artists in my office could generate a great income for me. Although this sounds like a selfish idea but its not. the people who are earning $600 a month is their dream salary. A 1000 sqft commercial space is only $300/month here. Anyway All of these need investment or at least 15 students to start with. After all, My concern is, Will the market remain the same as now? Is it the right field to invest securely? or I will have to continue as a freelancer with a small team? (as juraj already said that this is not secure). The reason I wanted your suggestion is that my 80% customers are from the west. if they dont send me work then my company will be bankrupt. So I need to know about the trend. if you anticipate that the future is good then I will consider the future to be good. And NICNIC; One may consider this to be a holiday tour if he wants, Bangladesh is one of the most beautiful place on earth to travel. I dont expect that one will surely come. I am just letting you know in-case any one is interested for a travel. My point is I can make this workshop heavier by inviting some one from the west. people will take this more seriously. Need your suggestion greatly. Link to comment Share on other sites More sharing options...
RyderSK Posted January 9, 2014 Share Posted January 9, 2014 I didn't say anything about security. I said no one will invest money in such bussiness model as the return of investment is far from attractive to attract potential investors. It's not scalable bussiness, concerning pure visuzaliation, you always only make so much as the team capacity warrants. You can't outgrow it, it's neither replicable product nor scalable service, you only make more profit by creating higher margins but there's a limit to that too, and even at extreme margins, it's still not bussiness in true sense of word. The good news is that you don't need the type of money that investmentns run in, so you can build from what you have or get a bank loan. Bank loan is nothing different than investment with non-negotiable set conditions. Nobody will tell you about "trends", it's either you can generate the influx of work, or you can't. You should be able to know, because you contemplate on hiring 20 people on spot, which is close to mid-size company and that is no joke. 20+ companies don't operate under 1 manager model, .esp if you've never done this. My personal opinion is that you're building castle in sky based on naive dreames. If bussiness was that easy, every graphic studio would be 20+ people large. But obviously, it's not the case in reality and most studios at this size took considerable time in evolution, or merged from few partners. My ussual advice: resources. I would suggest reading some good book on lean company ;- ) Link to comment Share on other sites More sharing options...
aristocratic3d Posted January 9, 2014 Author Share Posted January 9, 2014 I dont know if you are thinking based on your country. I will request others (commenting on this thread) to take look at my last comment and try to realize the situation in our country. A great advice can be a great start. I am really feeling happy to be in CGA. I didn't say anything about security. I said no one will invest money in such bussiness model as the return of investment is far from attractive to attract potential investors. It's not scalable bussiness, concerning pure visuzaliation, you always only make so much as the team capacity warrants. You can't outgrow it, it's neither replicable product nor scalable service, you only make more profit by creating higher margins but there's a limit to that too, and even at extreme margins, it's still not bussiness in true sense of word. The good news is that you don't need the type of money that investmentns run in, so you can build from what you have or get a bank loan. Bank loan is nothing different than investment with non-negotiable set conditions. Nobody will tell you about "trends", it's either you can generate the influx of work, or you can't. You should be able to know, because you contemplate on hiring 20 people on spot, which is close to mid-size company and that is no joke. 20+ companies don't operate under 1 manager model, .esp if you've never done this. My personal opinion is that you're building castle in sky based on naive dreames. If bussiness was that easy, every graphic studio would be 20+ people large. But obviously, it's not the case in reality and most studios at this size took considerable time in evolution, or merged from few partners. My ussual advice: resources. I would suggest reading some good book on lean company ;- ) Link to comment Share on other sites More sharing options...
Jonathan Posted January 9, 2014 Share Posted January 9, 2014 Pretty much agree with Juraj's comments based on my own and a UK perspective. Regarding trends, why concentrate on the West when the West is looking to the East for the future? Link to comment Share on other sites More sharing options...
aristocratic3d Posted January 9, 2014 Author Share Posted January 9, 2014 (edited) why concentrate on the West when the West is looking to the East for the future? Thats what I meant. If you look for companies in the east now. most of them are no good. I dont know a studio in my country that produce world class renderings except some individual. My aim is to create a group of people who will be creating world class renderings for you (people in the west) and my company will take the credit for that meaning those artist will be working in my company. we will teach them and we will recruit them. Edited January 9, 2014 by aristocratic3d Link to comment Share on other sites More sharing options...
Crazy Homeless Guy Posted January 9, 2014 Share Posted January 9, 2014 (edited) Walk before you run. I am going to be candid here.... A week ago you started a thread because you had a project that you bid $1200 on for 1,000+ renderings and wound up screwing yourself in the process. Spend a few years learning the business side of rendering, charge appropriately, and build a solid client base. Then look to expand. If I understand you are asking people to invest their personal money in "your" dream. This is fine but the people investing will expect a positive return on their investment. An investor will need to see your numbers, your long term clients, your perspective future clients, and also have a clear understanding that your business model will differentiate itself from the rest of the field. Start by writing an outline of business plan, and identifying how it differentiates itself from the rest of the industry. Then support that plan by projecting realistic numbers that show when the investors can expect a positive return on their money, and how your business will continue to increase its profitability in a market with slim margins, therefore having potential to make them even more money. In other words, ....walk before you run. Edited January 9, 2014 by Crazy Homeless Guy Link to comment Share on other sites More sharing options...
Nic H Posted January 9, 2014 Share Posted January 9, 2014 abdullah have you ever worked in an architecture vis studio or architecture office? Link to comment Share on other sites More sharing options...
aristocratic3d Posted January 10, 2014 Author Share Posted January 10, 2014 "Walk before you run" is a must strategy in business. I have been walking in this field for five years. If I were in Europe I would never dream to expand my studio like that. Also studios in the west are never my competitor. In-fact I get work from them. And that ($1200 project) was an accident. I think all of you have this type of experience more or less. Also that project was quoted in 2010. I finished some similar projects after that. those went smoothly. You gave some nice advice here. Appreciate it. I think I better start off by two or three new artists And with my own investment. (This was my fixed plan) but the idea of getting more investment to teach some students came into my mind and thought it could be possible. So I greatly needed your suggestion. Thanks every body for these great input. Walk before you run. I am going to be candid here.... A week ago you started a thread because you had a project that you bid $1200 on for 1,000+ renderings and wound up screwing yourself in the process. Spend a few years learning the business side of rendering, charge appropriately, and build a solid client base. Then look to expand. If I understand you are asking people to invest their personal money in "your" dream. This is fine but the people investing will expect a positive return on their investment. An investor will need to see your numbers, your long term clients, your perspective future clients, and also have a clear understanding that your business model will differentiate itself from the rest of the field. Start by writing an outline of business plan, and identifying how it differentiates itself from the rest of the industry. Then support that plan by projecting realistic numbers that show when the investors can expect a positive return on their money, and how your business will continue to increase its profitability in a market with slim margins, therefore having potential to make them even more money. In other words, ....walk before you run. Link to comment Share on other sites More sharing options...
Guest dialog Posted January 31, 2014 Share Posted January 31, 2014 I have to agree with Juraj as well. Start with yourself and focus on YOUR work first. Get to the quality of work that Juraj can provide and when you are so busy that you are working 20 hour days 7 days a week...THATS when you go and hire someone. Sent from my iPhone using Tapatalk Link to comment Share on other sites More sharing options...
Piash Posted January 31, 2014 Share Posted January 31, 2014 Good attempt. You can get appreciation from many people. I am sure many people will be interested for your workshop. You can make it successful I am sure. It's the present condition I am worried about. Generally what happens in our local market. Still now it's a very low paying job. Clients don't have any headache about quality. They want low priced 3d works. And the freelancing sites are full of scums where you are in a competition to bid as low as you can. When people learns to model & know where he can get some free model then he is gonna leave you. More than that very few people have that patience & skill to dig deep in 3d world. That is the reality bro. There is no competition for upgrading skill. I think you can attempt to create a team of talented people with their own computer resources. Workshops can be done online. Can I have your skype?... My ID: maxartz.studio Link to comment Share on other sites More sharing options...
marius e Posted January 31, 2014 Share Posted January 31, 2014 How long would it take to pay off all those 3d max and autocad and photoshop licences for 20 people on that margin of money you make? 20pc's, 20 sallaries and 20 x 3 software packages....... Even four 3d suites is a big ask.... Link to comment Share on other sites More sharing options...
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