Kinda been there and done that with the studio thing, but with a totally different type of photography. My primary focus has always been stock, and while I was enjoying the fabulous income from it in the nineties, I got so tired of being asked to take portraits that I decided to plow some of my hard earned stock money into a portrait studio in a wealthy are catering to those who had money to spend!
Wrong move! Although I did have some very nice clients who would easily spend $5,000 for their portraits, I had a few I had to "fire" because they wanted everything for nothing! They didn't like what I offered, and demanded packaging as with school photography etc. that I didn't offer. My pricing brochures showed clearly how the pricing was set up, but they always wanted to haggle as if at a street market. The richer they were, the more they demanded.
One well known local celebrity after "buying" my services at a local charity auction for one particular service, even asked me if I knew who she was a year after the offer had expired! She demanded that I give her something completely different that was not my style. Maybe I could have made some money there, but I had no desire to work with her with her demanding attitude.
It was a great day when the lease on the studio was up, and I was back to shooting only stock again! So, as a portrait photographer, I sort of failed too, but I wanted to in many ways. It was not my thing, although I did some great beach shoots!
Thanks so much for this DMC!
It's so weird that both you and I ended up at the same place... but coming from totally different directions. I had always wondered if I could have made a real go at it if I could find more wealthy customers... my poor model friends really were just getting by... I'm not sure many young ladies would put up with the hardships of modelling if they had an easier alternative... but now after your story, that well and truly answers that.
I never once had to haggle on price or was ever asked to do a style that wasn't in my wheel house. In 7 years I only had a couple of demanding clients, which is pretty incredible. I'm glad we both found our groove and didn't let the monsters get us down!