Feast or Famine Is a Choice
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Tom Stimson
September 11, 2026 •
Black binoculars on a leather case at sunset, symbolizing focus and perspective; feast or famine is a choice.

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I started freelancing in AV in the early 1980s. Corporate work in Texas. Ballrooms, sales meetings, the corporate side of the industry.

The corporate seasonality was obvious from year one. First quarter was busy, second quarter mostly was, and July went quiet. August was a stretch, fall picked back up, and December went quiet again.

I lived hand to mouth on paychecks that arrived when the check-cutting cycle allowed. Then July hit, and I’d be lucky to see one day of work all month.

I knew I’d made it as a freelancer when I could turn down work in July without flinching.

“July is the month I spend with the kids. Vacation, house projects, visiting family. I don’t take July jobs.”

I hadn’t stashed a fat savings account for that July stance. I’d been so busy through spring that the pent-up receivables finally arrived in July and August.

I planned July to be slow. That’s why it wasn’t a surprise.

Forty years later, I still deal with owners who’ve been in this industry for decades and haven’t conquered the calendar. Those owners act like every July will be the first one where the corporate market changes its mind. Planning through the seasons is the same skill I learned as a freelancer, only harder to run for a whole company.

Your Slow Month Isn’t a Surprise

If July surprises you, that’s on you. The same rule applies to whatever your slow month happens to be.

You can’t call your business seasonal and then act shocked when the season shows up. Corporate seasonality has been the same for 40 years. Corporate quiets down in the summer.

The entertainment side quiets down through parts of winter. The pattern is public information at this point.

Tour your region every summer and count the corporate gigs that happen without you. Chances are, not that many.

The market is quiet for real reasons. Owning that fact is step one. The slow season is a sales problem, not a market problem.

Infographic: ISL - 9/21

Three Choices, and Two of Them Aren’t Great

You have three options for the slow month. Every owner runs one of them, whether they’ve named it or not.

Choice one is hopium. Skip the planning and hope this July will be the accidental exception. The hopium method has zero effort and a matching zero probability of changing next July.

Choice two is intentional non-ideal work. Fill the slow month with gigs you’re not set up for.

Corporate shops chasing festival work, entertainment shops chasing corporate gigs.

Choice three is structural. Lower your overhead year-round so the slow month costs less to survive. Scalability lives in the third choice, because that’s the only one that actually changes the math.

Non-Ideal Work Only Works If You Started Last Year

Choice two is where most owners try to fix the slow month, and it’s the choice that trips them up the most.

The corporate shop looks at July and says, “Let’s book some festivals this summer.” Sales and marketing kick in.

The team starts making calls. The calls go nowhere, because the festival buyers made their vendor decisions back in October.

If you want July work, the sales and marketing for July starts last August, not this June. That’s the discipline non-ideal work requires.

Non-ideal work also costs energy that would otherwise fuel your ideal book. Every hour on the festival sales pitch is an hour you’re not spending on the corporate client.

The math doesn’t always favor chasing a market you weren’t built for. Ideal customers are worth more than the volume of any single non-ideal one.

Lower Overhead Year-Round Is the Structural Fix

Choice three is the one that actually moves the needle. Reduce your overhead year-round so the slow month hurts less.

Lower year-round overhead comes with a real trade-off. Your cost of goods sold goes up on the busy months, because you’re outsourcing what you’d otherwise handle in-house.

The busy months cost more. The slow months cost less. The whole year gets easier.

Outsourcing done well is what makes the year-round math work.

Budgeting Is What Freelancers Get Right

Freelancers who last long enough learn a discipline that business owners often miss. Save through the busy months. Spend through the slow ones.

That save-and-spend rhythm is the whole secret. When July arrived and my income dropped, my expenses were already built to run on the receivables that had banked up in April, May, and June.

No borrowing, no scramble, no watching the mailbox for a check that wasn’t coming.

Businesses can run the same rhythm, and most don’t. The busy months come, the cash comes in, and then it goes right back out on discretionary spending.

When the slow month hits, the cash reserve is empty. Pricing at the point of sale is where the money to fund your slow month actually gets earned.

Embrace Your July

You aren’t going to fix July this year. You’re going to fix July for next year.

Embrace the slow month. Expect it. Plan ahead for it.

Sock away the cash to cover it.

Then work harder on the fuel side of the year: hire better people, keep fewer people on staff, outsource more.

Build a supply chain and a bench that can flex year-round. Gear is easy to get any time of year. People are the constraint.

Hire the team that runs year-round, and the slow months stop looking like a threat.

A slow July can be a gift if you’ve built for it. The jobs in August and September get prepped a little sooner and a little more cleanly, with fewer surprises, because you gave them the extra time.

Feast or famine is a design choice, not a market condition.

Embrace your July.

Quote: ISL - 9/21
About Tom Stimson
Tom Stimson MBA, CTS is an authority on business and strategy for small- to medium-sized companies. He is an expert on project-based selling and a thought leader for innovative business processes.
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