Do you know more than 60% of new businesses fail within the first five years? There are so many factors why a business close its doors.
Operating an art business is no different; having a profitable enterprise is not impossible, but it takes discipline, the right mindset, good sales skills, relatable marketing skills, hard work, and sound art. I have operated mine for over 20 years. After side hustling with my art for less than two years, I decided to become a full-time artist in 2001; with a small saving for investment, I had to be very careful about how I operated my business.
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Hey, artist, I am honest with you: many artists make excuses for not turning their art into a business. They fear that operating an art business is too overwhelming.
But what if I told you learning more about the topic reduces fear and implementing the knowledge eliminates it? Today I aim to put some of these worries to rest so that you have a good idea of how the art business works. Last week’s newsletter about “Four Things You Must Do To Conquer The Fear Of Changing Your Career” prompted legitimate concerns, which I will address today. Here are the questions I got:
Without further adieu, please read my answers to these concerns. I know you are familiar with the thoughts that arise when you lie awake at night, feeling unhappy with your current situation. You want to make a change, but you feel overwhelmed and unsure of how to proceed.
So, what is stopping you from making your art into a business? FEAR of the unknown. I get it because I felt all that anxiety before I stepped outside of my comfort zone and did something about my desire, which was to be a full-time artist. In this blog, I will share with you 4 things you must do to conquer your fear of changing careers. But before I do that let me give you a little story about how I did it because it will help you see the possibility. Here’s a quick flashback about my life in my mid-twenties: My husband got into a car accident and was incapacitated for a few years, so the financial burden was on my shoulders for a very long time. At that time, I managed a high-end restaurant for a tyrant. I hated my job, so after four years of consistent stress, and my husband, Paul, recuperated, I took the opportunity to quit. I then got offered a management position at the Sutton Place Hotel, but I did the opposite. |
Ting YuenI am an artist and art marketing strategist that is passionate about creating meaningful art and courses that inspire your life, business and home. Archives
September 2024
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