Two ways for a New business owner to earn a living from their passions

                                       PRODUCT


Here are a couple of ways make a living doing what you love.

Firstly It’s important to understand what you are going to sell :

Selling products or

Selling services


So, what’s the difference between selling a product and selling a service?


A product is first created and then sold. And a service is first sold and then delivered.


With a product you can show it to your prospective buyers before they making a purchase.


With a service, you can present your expertise and your concepts to the prospective client and agree on a delivery time frame.


A product is mostly sold by a per item, or a per unit basis. And a service is usually sold on an effort basis, that is by the hour, or the the completed task.


An example… Just say you really love drawing. What could you do to earn a living out of drawing?

Here’s a few ideas you may like to think about:


● Become an Illustrator or an Artist

● Become an Art Teacher and run workshops and lessons
● Run an Art and Design business

As you can see, all these jobs are different, but they all involve turning a passion for drawing into an income. If you have a passion and you live and breathe it, then there are many ways to turn your passion into income too. Be creative and look for different options.

Sometimes you have to test and measure to determine which way would best fit with your skills and passions.

1.Selling your Art & Design products


The value is in the product you make, and as long as there is some demand, you can keep creating and selling your products. Your key focus here is to make sure you have enough stock to supply your customers. It is advisable to have systems in place to handle production, delivery or shipping, and marketing.


Keep in mind though, doing it all on your own may translate into lower returns when you consider your own time spent in the business.


2.Selling your services


These could be a one off service, or it could be on-going service. In some business you may need to deliver only once but continue collecting returns i.e. selling a website service or membership base where you collect recurring hosting fees or membership fees, or if you offer tutoring service, there are monthly fees to be collected for classes or workshops.


Ensure that your Quirk (the thing that makes you unique) will give you a competitive advantage. As service bases businesses you ‘ll facing lots of “Me too” competition. That’s because competitors can also replicate your ideas. So, better to be the leader in your field than a follower.

Would you like to learn more how to build your business the ArtSHINE way?

It’s as simple as 1… 2… 3…


2. Send an e-mail to this ArtSHINE : info @ArtSHINE.com.au

3. Contact Vinh for a no cost, no obligation coaching 

session:

Do this business health check survey:



Vinh Van Lam
the authorVinh Van Lam
Vinh Van Lam, co-founder of ArtSHINE, is a visionary art coach and entrepreneur with a passion for fostering creativity. With a diverse background in art and business, he brings a unique perspective to empower emerging artists, enabling them to thrive in the dynamic art industry through the innovative platform of ArtSHINE.

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