Being an artist can be extremely expensive, specially at first, when you are trying to become recognised
Becoming an artist is a bold choice to make. This is a challenging career that involves many sacrifices and difficult decisions. Some artists become so early in life, and others wait until they have a financial cushion of some sort underneath them before they take the big leap into the artistic lifestyle of their dreams.
If you are a photographer, painter, dancer or writer, chances are you are also struggling to some extent to make ends meet, and would like to be able to picture the day in which you will have enough funds to see your bank account safe from further damage. On the below lines, we tell you how you can keep being an artist while still being able to make money.
Here’s how to fund your bohemian lifestyle.
Invest in company shares
While investing in stocks can be tricky, it sure is the way for some people to make extra money. Companies give away shares because they would like to raise significant funds to devote to a particular project and one of the best ways they can do this is by offering chunks of their businesses. Before you do so, you must ensure you are knowledgeable about the market and which companies you would like to bet your best money on. Once you have become acquainted with what’s on offer out there, it will be your time to shine and put your money towards the company of your choice. Tastyworks reviews will help you find out where it’s hot to invest right now.
Get a part-time job
Making money from producing art is for some a dream that unfortunately never quite comes true. It is something of an illusion. As valuable as the arts are to many people around the planet, it is true that these are still not recognised by communities, and the industry, as a result, struggles to make money on a significant scale. If you would like to keep painting or taking pictures even if you are aware of the fact that this might take time to produce returns, it would be wise to get a part-time job that will provide you with some money in order to fund your expensive craft and as a result lifestyle. Remember, nobody said it was easy, but it sure will be worth it. This job portal might have the answer you are looking for.
Sell your stuff online
There is one other way in which you could see your funds grow while doing very little, and this is by selling your stuff online. You probably aren’t aware of this, but our homes and bedrooms are full of things that we no longer use and which could be traded at a decent price. Have you got a laptop that you no longer use and which is still in working conditions? What about that printer you got for your birthday last year without the giver realising that you already owned one? Go around your house in search of objects that you no longer make use of and which could be valuable. They could help you achieve your dream of becoming a full-time artist.
License your Art and Design
What is it and how does it work for artists and designers?
Ever dreamed of sitting back, doing nothing and just watching your bank balance grow?
This is not blue sky thinking, but a savvy way to generate income even when you’re asleep.
Welcome to the world of residual income – a term that enables you to earn money round the clock. This passive income generator is what can happen after you have put a lot of effort into a work that continues to pay months or even years later.
Setting up to earn residual income is relatively straight forward and there are different ways to keep generating money from royalties from intellectual property, such as books and patents to subscriptions and affiliate links from your blog/website.
Equally, transferring the rights to a song you recorded or a software program you created to a company agreeing to pay you a percentage of each copy of your work sold to e-book sales are all forms of residual income
Good at art or photography, then what about stock photography royalties or art licensing?
How to keep the money rolling in
The ideal income stream means you won’t have to market personally or interact with the business. However, realistically, you’ll have to put effort into continuing receiving residual income on the business you started.
Marketing your online sales through social media and your network will help earn. Think of it as a part time job that can potentially bring in full-time pay.
Residual income advantages
You can be financially independent if your residual income produces enough money.
Having residual income allows you to do more important things.
You’ll have a constant flow of income. Critical if you get injured or sick, can’t work because of another emergency, or if you just want to take an extended vacation. You’ll make money no matter where you live, unlike a fixed job income.
Of course, before the money starts rolling in you will have to put time, effort and money into the project. Patience and determination will seal future residual income.
Residual income also unbinds your ties to your everyday business. Small business owners often cite a lack of hours, staff problems, cash-flow struggles and frustration at being tied down.
So, ask yourself: What if I had a business coach alongside me right now, urging me onwards and upwards? What if I had a mentor who’s been where I’m going? Would that sort of support make a real difference to you and your business?
Here’s our guarantee. We can help you drive your residual income through our business coaching. We’ll enable you to get more control faster, make money sooner; enable you to spend more time doing what you really enjoy and live the dream you first set out to achieve.
Take action now and reserve your seat Now.
Want to learn more?
We’re here to help you to take action just like we’ve helped thousands of other entrepreneurs, business owers and creative professionals all around the globe.
Now is the time to let your passion SHINE.
Now is the time to Make Tomorrow Today!
To your success,
Vinh Van Lam & Stuart Horrex
Your Creative Coaches @ CoSydney & ArtSHINE industries