Indeed. I'm currently 26 so I figure that I'm young enough to take the risk and not significantly jeopardize my future. I'm currently working in a huge software house and I'm finding that the culture isn't really to my liking, plus I'm not being paid nearly enough for someone who holds a PhD so I figure I might as well take my chances and do something that I love.
- how much would it cost to do your own otherwise? Factor in time too.
- will it cover your foreseeable needs?
- working out the costs and income, do you think you will be able to afford it?
That studio is going to be a little too expensive for me. The size of the studio, covering 3 floors (!) is going to necessitate an assistant which will push up the operating costs quite significantly (by about £1200 pcm) and that's something that I can't really afford if I'm just starting out.
Given the size of the studio, it'll definitely cover my needs for a long time to come. Hence my interest. Afterall, if I'm going to have to move into a studio of that size in a few years time I might as well start now, right?
From the looks of things, I don't think I can afford it financially so I'll likely pass on it.