FAQs: If you could do it all over again, what would you do differently?

Nature Photo

(Image via)

My first inclination is to say, “Absolutely nothing,” because I am convinced we all learn lessons when we need to and not a moment before. However, I do have a list of business choices I would have made differently. The list is a mile long, but here are a few:

  • I would have refused to pay even a penny in commissions to planners or anyone because 15 years ago, it almost put me out of business. (I was one of the few who actually swallowed that cost.)
  • I would have refused to lower my prices when I heard the following statement, “If you give me a special price, you’ll get all my friends as clients.” Yes, of course I did get all their friends as clients, but they all wanted a special price too.
  • I would have been perfectly comfortable with the knowledge that we are all going to have good years and bad years.
  • I would have made sure from the beginning to always, and I mean always, make 40 to 50 percent profit on every single job.
  • I would have kept a very detailed list of all of my clients and their important dates (birthdays, anniversaries…) I only started doing this a few years ago, and it’s a great way to keep in touch with your clients.

I have been very fortunate in my journey, and the one thing that still keeps me going is that each day I get to design something new and different. I’d like to ask you the same question: If you could do it all over again, what would you do differently? And, what keeps you going in this amazing industry?

  • Share on Tumblr
Related Posts Plugin for WordPress, Blogger...
  • http://YOURWEBSITE Gloria Brown

    Hi Preston, I hope you had a great time during your vacation in the Hampton’s! Thank goodness that hurricane Earl wasn’t as bad as first predicted!
    To answer today’s question, I’m not yet in the industry but I place all of this information in a folder for future needs. I feel your wealth of knowledge is invaluable!

  • http://YOURWEBSITE Charise

    I would remember that great service and attention to details is worth every penny. Thanks, Mr. Preston

  • http://YOURWEBSITE lubna

    I would always stick to the budget that clients give the first meeting cuz they all say show me and well pay more but unfortunately that’s not the case
    Another thing would be ‘ never be too nice to the clients ‘ they take advantage of it absolutely big time.
    Its funny how some or most clients have very high expectations and they would want to have everything in their wedding with a very low budget.

  • http://www.cemarketingproductions.com Angela-Renee

    Great tips Thank

  • http://joanatomova.com joana tomova

    I would never lower my prices, I’ll just pretend it. I’ll higher them in the offer and then i”ll do the -10% off the price. I did this a few times, and it looks like it works. People love to get “the promotion” :-)
    Love you post, like always, the “comission” thing is something that i really hate but in the beginning of the buziness it could be useful.

  • http://YOURWEBSITE Diana

    I would have prepared better for this recession (ie: put some extra money aside for rent for the studio, supplies, etc…) Now i know what to do when the next one hits (which is apparently every 10 years, or so I have been told).

  • http://YOURWEBSITE Erik H.

    I would have looked YOU up 20 years ago to learn a thing or two!

  • http://www.eventsbydoyin.com Doyin

    I won’t have given free planning services to some of my Church members. It did get me a few clients from the Church, but they all wanted free services as well.