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Thread: Six figures annual income by 1st or 2nd year possible?

  1. #1

    Default Six figures annual income by 1st or 2nd year possible?

    Ok guys,

    to stir up more on the topic on "is it hard to earn a living with photography",
    it is very interesting to hear argument on all sides.

    The next question is...
    Is it possible to derive a six figure income (nett) in your first Or second year? Of course from photography?

    Six figure could be as low as 100k to as high as 999k.


    Any thought?


    Regards,

    Hart

  2. #2

    Default Re: Six figures annual income by 1st or 2nd year possible?

    i don't see why not. If you can do 52 weddings at 4K each..minus expenses. Im talking about the low end here..

  3. #3
    Senior Member
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    Default Re: Six figures annual income by 1st or 2nd year possible?

    Quote Originally Posted by lancey View Post
    i don't see why not. If you can do 52 weddings at 4K each..minus expenses. Im talking about the low end here..
    I agree about it being possible. But you are being extremely unrealistic to think that anyone is going to be able to book 52 weddings a year for $4k each with only a year of reputation behind them.

    52 weddings at maybe $400 each, sure.

    Without a huge client base and referrals from that way, which you won't have as a starter, you're going to also have to plough an insane amount of money into advertising to get work, especially if you want 52 weddings in a year.

    I do agree it's entirely possible, however.

  4. #4

    Default Re: Six figures annual income by 1st or 2nd year possible?

    So Jed, care to share how u think it's possible then? let's hear your alternative plan

  5. #5

    Default Re: Six figures annual income by 1st or 2nd year possible?

    Achievable for some, not achievable for many to be realistic.

  6. #6

    Default Re: Six figures annual income by 1st or 2nd year possible?

    For the lucky 1% who have the social network to be hired at high rates... why not?
    Alpha

  7. #7
    Moderator ed9119's Avatar
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    Default Re: Six figures annual income by 1st or 2nd year possible?

    wow 52 different couples choosing 52 seperate dates in a year without clashing ......... there has to be some great friendships and compromises for this to happen
    shaddap and just shoot .... up close
    Walkeast

  8. #8

    Default Re: Six figures annual income by 1st or 2nd year possible?

    Quote Originally Posted by lancey View Post
    i don't see why not. If you can do 52 weddings at 4K each..minus expenses. Im talking about the low end here..
    52 weddings is possible no doubt...however i wish to clarify is it because of the local economy, the spending power of Singaporean, a 4k price tag for wedding day photography considered low end?

    Quote Originally Posted by ed9119 View Post
    wow 52 different couples choosing 52 seperate dates in a year without clashing ......... there has to be some great friendships and compromises for this to happen
    Ed....it does happen...coz of Sat and Sun...and if certain hotels are booked, people are willing to go for alt dates, there is also a handful in a year that do weekday weddings

  9. #9

    Default Re: Six figures annual income by 1st or 2nd year possible?

    6 fig salary is the parkball figure? Working for 10+ yrs.. with Degree.. still only touch half.. sad..
    Please Don't Report This Post To A Moderator

  10. #10

    Default Re: Six figures annual income by 1st or 2nd year possible?

    i'm pretty sure more and more new comers will be rushing in to join the wedding industry after reading this thread.

  11. #11

    Default Re: Six figures annual income by 1st or 2nd year possible?

    possible, yes............. anything is possible.

    probable, i sure hope not, i should have done photography if it was highly probable for this to be true.

  12. #12

    Default Re: Six figures annual income by 1st or 2nd year possible?

    Quote Originally Posted by Xiao_shin View Post
    6 fig salary is the parkball figure? Working for 10+ yrs.. with Degree.. still only touch half.. sad..
    that is why many wants to be own boss...
    cos only being a boss can one have the chance to earn much much more than a worker...
    i suppose...
    life is but a dream...

  13. #13

    Default Re: Six figures annual income by 1st or 2nd year possible?

    Wow, didn't know that a day's wedding shoot is now $4K to be considered low end. Mine was abt $1K back then.

    Must tell my kids to be photographer, don't need to pay so much tax somemore
    "Like Moths, photographers gather at the sight of light" Robert Doisneau
    My Little Port

  14. #14

    Default Re: Six figures annual income by 1st or 2nd year possible?

    Quote Originally Posted by NineEleven View Post
    Wow, didn't know that a day's wedding shoot is now $4K to be considered low end. Mine was abt $1K back then.

    Must tell my kids to be photographer, don't need to pay so much tax somemore
    mine only $500.

  15. #15

    Default Re: Six figures annual income by 1st or 2nd year possible?

    Quote Originally Posted by flipfreak View Post
    mine only $500.
    Uncle, then u muz work 800% more to hit min target
    "Like Moths, photographers gather at the sight of light" Robert Doisneau
    My Little Port

  16. #16

    Default Re: Six figures annual income by 1st or 2nd year possible?

    i wonder any one hit $4000 wedding x 52 in singapore.........
    Eat breath LIVERPOOL!!!

  17. #17

    Default Re: Six figures annual income by 1st or 2nd year possible?

    Quote Originally Posted by NineEleven View Post
    Uncle, then u muz work 800% more to hit min target
    haha. is my mom wanted a photographer. i didn't.

  18. #18

    Default Re: Six figures annual income by 1st or 2nd year possible?

    I read somewhere that Singapore median salary is abt 52K. I think it is more realistic to aim at 50k annual pay then 100k.
    Please Don't Report This Post To A Moderator

  19. #19

    Default Re: Six figures annual income by 1st or 2nd year possible?

    Quote Originally Posted by flipfreak View Post
    haha. is my mom wanted a photographer. i didn't.
    Oh no, hope my kid won't tell me that (if he becomes a photographer)

    Quote Originally Posted by Xiao_shin View Post
    I read somewhere that Singapore median salary is abt 52K. I think it is more realistic to aim at 50k annual pay then 100k.
    Oh my, that's pretty sizeable. Hope u meant Pro photographers otherwise I don't see general Singgies getting 50grand a year. On another note, one of my friend is doing pretty fine in NY doing fashion but that's probably one in a thousand as network, attitude & luck are the keys. Most of them struggle a bit.

    My guess is, after 3-5yrs of proper commercial work, it could be possible to have regular 6 figures.
    "Like Moths, photographers gather at the sight of light" Robert Doisneau
    My Little Port

  20. #20
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    Default Re: Six figures annual income by 1st or 2nd year possible?

    Quote Originally Posted by Xiao_shin View Post
    I read somewhere that Singapore median salary is abt 52K. I think it is more realistic to aim at 50k annual pay then 100k.

    If you really meant "median" as in everybody, and not just photographers...

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