My Net Worth as a Photographer/Filmmaker at Age 32
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- Опубликовано: 4 июл 2023
- **If you missed the discounts on The Classroom, you can still get $150 off! Use code "GIVEME150" at the checkout!
THE CLASSROOM: education.ericfloberg.com/
**You can also find the free module (#7 - Client Experience) at the above website!
Sign up for the FREE module of The Classroom: bit.ly/freeclassroommodule
*Not financial advice - just for entertainment
This video was colored with my 606 LUT Collection: bit.ly/3NwEtKU
My Wedding/Portrait Photography Presets (606): bit.ly/39dzWPG
See BTS and my business processes for $10/month on Patreon: / ericfloberg
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My go-to GEAR:
My Cinema Camera: geni.us/mynewcinemacamera
Mirrorless Camera: geni.us/newweddingcamera
All of my Lenses: geni.us/lenses
Shotgun Mic (on-camera): geni.us/condensormic
My new RF Zoom Lens: geni.us/rfwidezoom
Sony Clip Mic: geni.us/sonyclipmic
Mist Filter: geni.us/promistfilterA
Constant Light: geni.us/constantlight
Softbox: geni.us/godoxsoftbox
Audio Recorder: geni.us/zoomf6
Tripod: geni.us/videotripod
C-Stand: geni.us/solocstand
Backup Lav Mic: geni.us/32bitfloatlav
LED Pocket Light: geni.us/pocketlightsquare
7-Inch Monitor: geni.us/7inchmonitor
Monitor Arm: geni.us/nogaarm
Monitor Batteries: geni.us/monitorbatteries
CFAST Memory Card: geni.us/cfastcard
CFexpress Memory Card: geni.us/cfexpresscard
My 5TB Hard Drive: geni.us/5TBharddrive
My go-to Solid State Drive for fast transfers & editing: geni.us/favoriteSSD
Film Camera: geni.us/leicafilmcamera
Film Camera Lens: geni.us/voigt
Lens Hood: geni.us/voigtlenshood
**Some of the above are paid Amazon links that will direct you to my associate account through Amazon.com. As an Amazon Associate I earn from qualifying purchases. **
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Much love, Squad Fam
-Eric
You're probably one of the most "real" RUclipsrs/creatives out there. No fluff, just honesty and great values. I've learned a lot!
Thanks so much. I can never shake the feeling of uneasiness whenever I post a finance video, so this means a whole lot. :)
Amen to this ^^^
Love those videos, it shows us what’s possible in this field
Always appreciate these, it’s the stuff that allows us to do the art we love! Keep it up.
Great video, thank you for making this!
Eric I love this set first of all. And how transparent you are.
Thank you, Eric! This gives me hope!!!
really needed to hear that at the end.
This video is incredible dude, very helpful. Greatly appreciated.
This is a real inspiration, thank's for this.
Appreciate you making these type of videos and can't wait to see the updated classroom! Such a great investment I gave myself last year!
Love these videos bro!! Thank yo has always, these are my favorite type of vid! So encouraging!
That's amazing! Been following you for years and it's impressive how you've managed to grow your business even with kids in tow. Lots of youtubers focus on the glam. Still remember that 12 hour marathon live stream you did to sell your course!
These are so helpful thank you
As a guy who’s just starting out as a photographer this really helps me see what can be if I truly put the work in. Thank you 🙏
Your path to photography is my exact same path…somehow I always have these “wake up” moments in life that I think are for me to see what’s possible in life. I don’t want to base everything off how much money I can make, but just be in a better financially spot to make better choices. Thanks Eric
Very insightful, thank you so much for sharing
I appreciate you to making thus video because i quiting my Airport job and starting my career in commercial photography and this video helps me much ❤️
Loved watching this, not for the financial stuff, but for the more I learned about your story. I've found your stuff recently via Shua. I love the work he's doing on your running channel as your's is something like what I want mine to be. I also loved finding out that you used to teach. I would love to step away from teaching but in Australia, teachers are paid really well, so it's hard to make the move. Thanks for sharing.
Thanks so much for sharing that! Really helpful
Thanks for making these videos Eric, it’s so inspiring for you to be so open about this, it really helps me as I am still in the beginning stages of my career! And it helps me get so amped up for the future!
Appreciate you, Luke! Thanks for always watching and commenting!!
Bro your videos are truly a gold mine for photographers. I just want to say thank you as I just found your videos at the beginning of this year. My wife and I decided we needed to rebuild her photography business and brand after watching your videos after being in photography for 5 years she was not getting a lot of growth. I will say with a lot of your advice we are now seeing that growth and we really are hoping the long term growth continues and the investments and time we put in pays off. Again keep making this content it truly helps and shows where we can be one day! ❤
Thank you for making your content. This is so helpful just to hear what's possible. I am at the very beginning of building a video business and this give me a very real perspective of how it can be managed and what it can look like 5-10 years later if I stay committed.
This is great. Really helpful!!
On one hand I feel inspired watching this, knowing what's possible. On the other hand I feel discouraged because I've been full time 3 years now and I'm struggling to provide. I know it takes time to grow, but not knowing if the business will make through the year is not a fun time
As someone with a full time corporate video job and trying to do as much work outside of work to set myself on the trajectory to take the leap full time is daunting, but I'm constantly trying to tell myself to slow down and enjoy the process. Seeing these videos you make over the years is encouraging to know what is possible. Much love from across the lake in Michigan!
Business and finance management is such an important skill that every creatives should learn but is way too over looked in the creative community. Everyone is talking about don't do it for the money, but in a realistic world you need to manage your assets to be successful financially. Doing so you can create more and not worry about your next rent payment. Thanks for another wholesome video
I've followed my RUclips dad for a while and im grateful for him he truly is the truest out here!
Always love your content Eric, you’re truly an inspiration for us creators to keep going. I’ve enjoyed watching your journey and progression over the years. You made me want to get into weddings and now going into film making. One question… what’s the brand/model you have there ? Cheers man !
Appreciate this Eric! Thank you so much! Learned a bunch here!
So good to hear! Thanks for watching!!
Disgustingly great rates! Congrats!
Love your content
Thanks for this, I am about your age and just now starting out as a filmmaker. I have no regrets about pursuing my passion, but there is always the question of "Will this work out long term?" It's great to see what is possible. Keep doing what you're doing.
Got into photography at the age of 31, in the middle of pandemic. I always have been artistic but had neglected it until I bought my own camera. Now it's my full time business. I'm a B2B enterprise. I offer product, food, lifestyle photography for business, as well as interior, architecture and other things business related. I agree to everything that you said. I diversified my source of income by providing education as well and getting into other businesses related to photography, such as design and printing.
I really appreciate this video. I’m a local NYC photographer. While I think I’m finding my style it’s quite difficult for me to navigate finances to actually make my creative ideas come to life. With such little liquidity and a small following I feel like this video gave a great insight to behind the scenes and how stuff can be done. Thanks again Eric, this was awesome❤️🔥.
So great to hear!! Thanks for watching!!
great video
Thx for video very informative!!!
Bro, I just discovered your channel. I am an aspiring professional photographer, and your content is so inspirational. I just watched "How I became an Artist" and really identified with it as my mother and grandmother were similar to yours creatively. Keep up the awesome work and thank you!
Love it Eric! Thanks
Thanks for watching, homie!
Thank you 🙏🏾
thank you for your authenticity and transparency! Great to hear about your growth as a person and business owner, and definitely inspiring to think about growing financially to a point where you can direct more of your growth into projects and creative elements without having to prioritize income over everything else.
It's great to be transparent about this. I would love to make one myself, but I fear it will come off as bragging and cocky. I do believe it's important to share tho. Because it gives hope and knowledge to new and established filmmakers. Thanks, Eric!
Awesomeness
Yeah I love these updates, Eric! I think it's a really brave thing to do, but for me it's super useful. People don't like to talk about money, but if you run your own business it's literally the number one thing to consider. I'm also 32 and I run a video company so it couldn't be more relevant. I look forward to the 2024 update!
Thanks for the positivity! I get so up in my head whenever I make one of these. Appreciate this feedback a ton!! Thanks for watching!
As a current educator who’s building a portfolio with the plan to turn this into a full time, these definitely make it feel more real! Awesome growth Eric
î just started out as a weddingphotographer in Belgium this year. We bought a house, have a kid of 2,5 YO and seeing this video give me the motivation that it is possible for a fact!
Thank you for the inspiring video! Makes me wanna jump into our numbers aswell. Keep up the good work Eric! Been a fan from the beginning!
Thank you so much, Cedric!!
Thanks for sharing! I'm blown away that so little of your networth is in equities! I've been surprised how much I've been able to save through my income as a cinematographer. I feel really optimistic about the future. I missed getting into this real estate bubble, but I'm excited to get in at a more reasonable prices. My goal right now is to find a way to sell digital products or media for access to scale without having to trade my time. Love the content, keep it up!
SPOILER ALERT Eric's net worth: Priceless
homie's making me blush
Great video
Thanks for watching!
Dude I appreciate you so much for making this kind of content, you have convinced me that I can make it as a beginner wedding photographer/bartender/uberdriver but yeah thanks to your wedding advice I got a crm (pixieset) have a delivery system (pictime) and more importantly can see a future career in what I love to do which is taking pictures and video, I've still got a long way to go before I start investing in the market, but knowing that this path can provide me a way to get out of debt and become the person I want to be is invaluable hopefully by next year I'll be able to afford the full course but you'll definitely see me at the 2 hour free module, will you be posting it here in case I miss it due to work?
Definitely underrated! I have a question; how did you learn photography and videography?
Hey Eric! I'm sure we all appreciate the transparency. I think something else that we all think about as a tradeoff for freelancers/creatives is the tradeoff & balance between an artist vs being a businessman. As you've scaled your business and diversified, how much time would you say you spend being a businessman micromanaging and operating your businesses vs being able to idle and be free to lounge about and make things willy nilly?
Love the breakdown and transparency. I’m too chicken to make this kind of video for my own finances 😅
Haha I am too. I get anxiety every single time I post one of these
Great video Eric! Thanks for sharing your filmmaker story and as well your story as an athlet. 😉Just for clarification, are you talking about your total net worth or the money you made last year?
dropped in just to like
Thanks for the honesty when it comes to your financial growth & the diversification of your assets.
Love your video. What font do you use? Really like the look
I laughed so out loud to see the films with butter (they look super liked.)
as a part of previous teacher gang you have helped me so much
Man, so happy to hear this!
@@EricFloberg not a canon guy just copped an FX6 and just going for it .. good luck to ya this upcoming year fam
currently at negative 12k here. on the come up tho. good to know it's possible if taken seriously.
You've got this!! Being debt free is one of the most powerful things you can do for yourself!!
Yeah man thank you so much for actually sharing where you’re at and attaching numbers to everything. It’s super helpful and HARD to find realistic numbers online. Question for you if you see this… I don’t see myself doing weddings long term, I’d rather do commercial work. However, I would rather make money with my gear and experience doing weddings solo (not second shooting anymore) than keep working as a server at a local restaurant lol. Is it worth investing into the wedding space now or should I just keep waiting to get into commercial stuff, which seems harder to find. Thanks!
Thanks for watching!! Honestly, the wedding market is super easy to get into if you're diligent, make connections, and make good things. It's a great thing to have as a money-making tool, and you may find yourself enjoying it along the way. It's really about mentality at the end of the day. It may not feel exciting to shoot, but empathizing with your clients and recognizing that it's one of the most valuable days of their life, can truly change the approach and make it a magical experience.
You are 🔥 🔥 🔥
Hi Eric! Planning to buy your luts! Which conversion lut is compatible to your 606 to achieve that exact look?
Realizing it would take 30 photo shoots to breakeven on my camera, and one lens is sobering😮
Stylish mic, what is it? :)
Hi Eric, how do you automatically invest $50/day? does robinhood auto-withdraw and invest or do you have to do it manually? thanks
Yup! I've had the auto-withdraw on daily market days for each, and it just does it for me!
How do I start out?
I’ve done a few free gigs now and am going to make a website for myself but after that I have no idea how I should approach a client and how to convince them that I am worth any money at all.
It’s intimidating
Hey Sam! I recently made two videos about starting!
Photography: ruclips.net/video/w5v3y8LqPxU/видео.html
Filmmaking: ruclips.net/video/XLba0fU5y2g/видео.html
Hope this helps!!
most ppl avoid the cash talk, we have to respect your transparecy, well i do.
appreciate you!
Thank you for this video, How does one invest in apple and tesla?
You're welcome! You would have to set up an account with a brokerage. I use Robinhood, but there are a bunch of options: Fidelity, Charles Schwab, WeBull, ETrade.
Not me reading the title and realizing we're the same age 🥴
Question not photography related
how did you manage people borrowing money from you?
Why does Gene only have like 2 rolls of film
lol he's in Europe
You have 66k in cash and 120 invested for retirement? A bunch of debt in 2 houses? You've got how many (4?) kids and a partner? You're either severely over leveraged or your partner/family is insuring you here.
dude my net worth is -8K$ so get wrecked :P
lol same if you count my mortgages against me haha
@@EricFloberg mortgages are a part of net worth. So you have that $600k of equity. If you sold all your stuff you would break even.
no worrys man. I was like negative $30k in 2019. Now we're probably around $100k and hoping to be at $250k in 3-5 years with no debt. Hope to be rolling in to $1m around my 40th birthday. Totally doable just need to be dillegent.
Thank you Eric, i’m learning so much from you. Really appreciate your honesty and transparency. I’m transitioning from a 20+ year career as a UX Consultant and Web Developer, to running a successful charity part time and supporting this through my photography, filmmaking and Etsy store. You’ve really helped open my eyes and mind to focus more on my photography work, which has been my real passion since I was 7 years old. Thank you.
😭 so sweet, man!! Way to get after it and pursue what you care about. ❤️🔥