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Small business chat update – Dick Margulis

15 Mar

mugs Hello! I’m going to have a bumper crop of updates for you over the next few weeks, with all of my March interviewees getting back to me and letting me know how they’re getting on within a few days of me contacting them. First up, we have Dick Margulis of Dick Margulis Creative Services an editing (and more) colleague, who we first met in February 2012, and then again in March 2013. In 2013, this was Dick’s plan: “In another year, my wife and I will, we hope, be preparing to move into the first cohousing development in Connecticut. Meanwhile, my business continues to grow, and I continue to learn new things.” So put the kettle on, brew up a nice cuppa, and find out what’s happening in the world of Margulis Creative Services …

Are you where you thought you’d be when you looked forward a year ago?

Not at all. The cohousing project is moving more slowly than I had hoped (but it’s still moving—ask again next year). And my business is growing much faster than I anticipated. For the last several months I’ve had to turn away new prospects with interesting projects that I just didn’t have the time to take on. A few have agreed to wait for me, so my calendar is full for months to come.

What has changed and what has stayed the same?

Le plus ça change . . .

Book publishing continues to undergo massive changes worldwide in terms of who publishes, how they publish, what they publish, and how they market it. Ebooks are clearly here to stay, and in some areas they dominate. The cost of putting out an ebook without benefit of professional editing has dropped essentially to zero, so the market is flooded with unedited dreck. This provides a strong incentive for those who want to keep their heads above water to seek help from people like me.

At the same time, the cost of print continues to plummet, so it gets more and more affordable to produce a high-quality printed book.

What has remained the same is people’s aspirations become published authors. I hope that never goes away.

What have you learned? What do you wish you’d known a year ago?

Well, I’ve learned that having a docking station is very convenient, and I wish I’d bought one several years ago. I’ve updated or added a number of technical skills, but that’s a constant in my life. And of course I’ve continued to learn from my clients, which is one of the great joys of this business.

Any more hints and tips for people?

Still none. People have to find their own way and learn from their own mistakes, I fear.

And … where do you see yourself and your business in a(nother) year’s time?

I’ve quit making predictions. I just take it as it comes.

That last one will be an interesting one to ask about this time next year … it’s great to see my colleagues doing well, even to the point of having to turn work away (I think this is a real feature of a mature business; I am very careful what I take on now and say no (with a recommendation of an alternative) quite a lot of the time). I actually think that there are more people aspiring to become authors now, as do-it-yourself and indie publishing become more mainstream and well-known, and there is a realisation that we editors add very important value to the indie published ebook, although too many do go out with no editorial control. I hope that the family’s move does happen this year, and look forward to finding out what happened next …

Those contact details if you need any of the services Dick offers:

Dick Margulis Creative Services
284 West Elm Street
New Haven, Connecticut 06515
+ 1 (203)389-4413 office
+ 1 (203)464-3199 mobile
www.dmargulis.com (site)
www.ampersandvirgule.com (blog)

f you’ve enjoyed this interview, please see more small business chat, the index to all the interviewees, and information on how you can have your business featured (I have a full roster of interviewees now so am only taking on a very few new ones). If you’re considering setting up a new business or have recently done so, why not take a look at my books, all available now, in print and e-book formats, from a variety of sources. 

 
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Posted by on March 15, 2014 in Business, Small Business Chat

 

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3 responses to “Small business chat update – Dick Margulis

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