Every artist, designer, poet and author is an entrepreneur the moment they start to sell their work. The problem is that most of them don’t know it. In some more perilous situations, they don’t know what to do about it.
Most artists think of their work as art, which is fine (and technically correct), but it is also a product. Products are meant to be sold. Proper sales and marketing strategies are key to selling products. The idea of business and the technical side of operating can seem daunting to the inexperienced. The concept of commercializing your work can feel like selling out. However, you can create products, your art, and still stay true to your purpose.
Being an artist, you must be adept in the process of creation, which means you have something to sell. Branding is important for any business; a signature style is important for an artist. It gives your name consistency and something to be associated with.
What exactly do you create? Who would be interested in that? Knowing your audience is important. For this crucial step, you need to create a detailed outline of who would purchase your work. If the answer right now is “everyone”. You need to go back to the drawing board and get specific. This can’t be stressed enough.
Don’t be afraid to do some old-fashioned market research, especially if your business is location-based. Getting out of your shell is just as important as if your business is online. Networking is a great way to introduce yourself to people in your industry and to introduce yourself to potential customers.
An important part of business is organization. A word that makes many shudder because it ushers in thoughts of paperwork and dull routines. If you want to flourish in the chaos of your creativity, you must maintain order in your life. This is balance. And with a business, it is as important as ever.
When you are just starting out in business you take on the role of employee, boss, marketing executive and accounts manager. This is exhausting. However, through proper management, you can get the most out of your 24-hour day.
Improving your management skills means evaluating what you need to accomplish and prioritizing the urgent things. Not everyone needs to have their day start at 6 a.m., but a little structure goes a long way. Every creator must have some kind of discipline.
Dedicating specific hours to specific tasks is a good start. Businesses need to be run full-time, but that doesn’t mean it needs to overrun your life. Being a frequent collaborator means that you need excellent communication and delegation skills; key traits that are necessary for a successful business.
The most challenging thing to taking into account with a business is finance. Money seems to be a tricky thing that people try to avoid talking about. We need it for everything, but not everyone uses it to its fullest potential. You don’t need a lot of initial capital to start a successful business. Every business doesn’t require the same things. You can start a business out of your home successfully with the right planning.