Systems, strategies and stories for solo creators chasing freedom not metrics.
There are four letters that can shape your entire future as a creator: C.O.D.B. When I first went full-time as a creator, I thought the cost of doing this was close to zero. A camera, a laptop, and Wi-Fi. What else do you need? But two years in, I’ve realized: the real cost of being a creator isn’t obvious until you try to make a living from it. One question I get asked more than almost anything else makes this brutally clear: “How much should I charge for a brand deal?” Most creators have no idea what to charge and just ask around what’s “normal” or play a game of chicken with the brand, trying to sus out how much they are willing to pay. But there’s a better way. A simple, reliable method to figure out the minimum you have to charge without losing money: Calculate your Cost Of Doing Business As simple as this formula is, and as basic as it will appear to you once I explain it, I am constantly surprised (shocked to be honest!) at how few people pay attention to this simple number. Even veterans often don’t know what their C.O.D.B. is. It’s a concept I first learned from Vincent Laforet (an OG in the Creator space) during my freelance filmmaking days. The math is simple: Add up all your yearly business expenses (software, gear, rent, salary, taxes, etc.) and divide it by the number of workdays or deliverables you plan to take on in a year. That number is your baseline, the minimum amount you need to make per day (or per deliverable) just to break even. If you're a creator who sells sponsorships, ask yourself: How many brand deals can you realistically do in a year?
Now divide your total expenses by that number. What you get is the minimum rate you need to charge per deal to run a sustainable business. It’s not about charging more. It’s about charging on purpose. Knowing your CODB gives you clarity, confidence, and leverage:
And to help you get started, I’ve built a free spreadsheet that walks you through the process. It includes common creator expenses and automatically calculates your break-even rate. Basically it’s a number that represents what it costs you to operate your creator empire. Just click this link and make a copy of it. 💛 Valentin PS: for July I’m doing something different. Instead spending each Friday morning writing I’ll be taking your calls. PPS: Remember a few weeks back when I wasn’t sure if I belong in the room or not? |
Systems, strategies and stories for solo creators chasing freedom not metrics.