|
A few
of you may have cringed as I compared entrepreneurial attributes
to world-class athletes and their coaches within the past
two articles. You might prefer to plow into a book rather
than into the snow, because you might see yourself as an artistic
type - a hermit, perhaps. Or, you might enjoy physical activity,
but you prefer yoga - a more meditative and introspective
activity that limits contact with other people. Yet, you want
to go into business for yourself. I'll guess that part of
the reason you toyed with the entrepreneurial path is because
you dislike office environments (too many cubicles, way too
many people).
I don't
want to burst your bubble, but if you're the quiet, introverted
type who abhors crowds, then you only have two choices if
you want to strike out on your own. You can either change
your personality (good luck!), or you can seek out an agent,
and/or a salesperson and/or a business partner to help you
get your goods and/or services out to the public. Even an
extrovert who loves to grandstand might benefit from the help
of any one of these people.
Agents,
salespeople, and business partners wear different hats, and
that's why I attached the "and/or" possibilities to them in
the previous paragraph. Several commonalities exist among
those folks: you could benefit from their expertise; you don't
need to be around them all the time, and; if you pick the
right people for your business, your work load and your need
to face the public may decrease by degrees. But, differences
exist among these folks as well. Agents are the focus for
this article, followed by salespeople next week, and then
business partners.
Agent:
An agent is someone who acts on behalf of another person,
usually for a commission. You can usually find agents in the
arts fields and in real estate or insurance, and sometimes
in other fields, but only where you need a person who can
enter into contracts and other legally binding functions on
your behalf.
You may
have dealt with an agent when you purchased insurance or when
you bought or sold a home. You know, then, that an agent wants
to know everything about you so she can help you choose the
best product or service for your needs. Alternately, that
agent - presumably - will also know everything about the specific
products or services that hold your interest.
An agent
who represents artists and writers is a little different from
a real estate or insurance agent. While all agents act as
your representative, your role changes when an agent represents
your work. If you are an artist or a writer, you entrust an
agent to sell your goods and services, but you normally don't
purchase goods from the agent. You do, however, purchase his
services. For instance, a literary agent should know a wide
assortment of editors and publishers in a specific genre.
You pay for that expertise, usually as a commission when your
work sells. However, a literary agent may charge you for editorial
services (perhaps through a third party), for extraneous expenses
(like gas and phone calls), and for other items as well.
The same
criterion applies to agents who work with artists and musicians.
For instance, if you're an artist who renders abstract pastel
landscapes, then you'd look for an agent who knows the market
for abstract pastel landscapes, not an agent who is familiar
with a realistic oil portrait market. If you're an artist,
you know there's a huge difference between mediums, styles,
and focuses in that example. An artist's agent will be familiar
with the galleries, stores, and other venues that are open
to your work.
Like the
person who wants to sell a home, you must prove that you and
your talent or work is "sellable," or an agent may not be
interested. For example, if you are a charming person who
writes short stories, you may find that few agents will want
to represent you despite your charms, because the money in
your field is scant. But short-story writers and other artisans
often dream about the agent who has heard about their work
and who feels that their talent is "marketable." Agents, like
mentors (see previous article), like to accumulate feathers
in their caps as this makes their name worth knowing (this
is why some agents are known as "scouts," because they search
for marketable talent). But, that situation is much like winning
the lottery, as the recipients of this dream are few and far
between.
An agent,
especially one who specializes in the arts, often becomes
a boss, because that agent may also be a "special events"
planner or a person who books events for their "clients" (you),
sometimes without your advance consent. While some agents
are nicer and more forgiving than others (similar to bosses),
you are at their beck and call. Why? Because when you make
money, your agent makes money, too. Alternately, your agent
- if you signed a contract with that agent to this affect
- is obligated to find as much work for you as possible. For
the introvert, the devil is in the public appearances (witness
book signings, gallery openings, and - horror of horrors for
the musically talented introvert - the concert).
Entrepreneurs
need to be in the public eye or somehow push their work into
public venues to generate an agent's interest in the first
place. Awards, accolades, and monetary triumphs all help to
capture an agent's attention. Perhaps, for an introvert, the
agent isn't the solution unless the agent is combined with
other forces, such as salespeople and/or business partners.
To reiterate:
Agents also exist for professionals and professions other
than the arts, but only where a person is needed to enter
into contracts and other legally binding functions on your
behalf. For example, if you plan to buy and sell property
as a livelihood, you could contract with an agent to handle
the necessary details that only a licensed real estate agent
can handle. In this case, though, the agent may become more
of a business partner in the long run.
Maybe
you'd rather change your focus and hire a salesperson instead?
That's next week.
Until
Then,
Linda Goin
|