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I would LOVE to be able to pay myself $28 K, and I run a high end boutique studio (which compared to the same in a metropolitan area would be considered “low priced”, but here I am at the top of the price point scale).  All the professional studios like mine in my area have taken a huge hit in the past 10 years.  Several are closing down as the newbies open their garage studios with a $100 lighting kit, a Rebel XT and a wrinkled sheet….and get rave reviews on facebook.   But I keep 0n keeping on – continually trying to step up my game and get the really good clients with cash and an appreciation of quality work.  It’s disappointing to work this hard and keep seeing the opportunity for success circle the drain, but I am going to keep it up a few more years until it really becomes stupid to continue.