This post is intended to get a conversation going about a project that I have been developing on-and-off for the past five years and fairly heavily for the past two years. This post is not intended to advertise my project as much as it is to create a brainstorming thread about the creative market here in the Western Slope region.
I am aware that LAUNCH WestCO is a tech-heavy community. In my experience tech and creative services go hand-in-hand. So, I think it's worthwhile to discuss here.
I will spare you all the business plan, but here's the general concept:
This region is heavy in creative professionals who have little-to-no formal business training who have no grasp on the real value of their work. There are also many creative professionals who make a good living as agencies or contractors. This creates a very weird professional ecosystem because the client seeking creative services rarely understands the difference in value between a talented veteran and a college student seeking "exposure" or "portfolio work."
The end result is that clients buy based on price and promises and the end result often leads to a bad experience for all parties involved. It only takes one major client to have a bad experience with a single creative professional for them to write-off the entire region when considering future projects.
Within the next 24 months, I would like to develop my company LampStone Creative into a hub for creative professionals of all levels to work together by focusing on their strengths. Currently LampStone is just a website and a concept.
LampStone is NOT a non-profit or a traditional co-op. Our ultimate mission is have the capital, real estate, and assets to provide tools, insurance, and supervision of creative projects on all levels. I believe that there is a potential for massive profits and consistent revenue in this concept.
We have several initial products that we will begin offering in March of 2016, but our hope is that we will eventually have rolling capital, insurance, and legal work to cover creative projects that are performed by our subcontractors and in-house team. The end result will be that we can help small creatives become big creatives and expect realistic rates (fair market value) for work done.
The result of an effective model will be a more stratified creative professional market, availability of more advanced tools for creative professional use, and superior studio space for specialized projects.
That's it. Ask me questions, discuss the hurdles, suggest funding possibilities, etc.
I am open to changing the model and even the general product. However, I will not do it as a non-profit model. I am looking for a viable channel for creatives and clients to realize the commercial value of creative services and realize the monetary benefits that come with offering a superior product.