We are all familiar with the stereotype of the “starving artist”;
while art is a vital and important part of our culture (and economy), artists often
struggle to get by.
Given that art is so
essential to society, why does it seem so hard to make a living at it? If you have ever considered turning your
creative passion into a business, this thought has probably crossed your
mind. Whether you are expanding a crafting
hobby to be a side business, or making a full-time career of your fine arts
practice, business skills are essential.
Understanding the Culture
Industry
According
to a report from the Board of Trade of Metropolitan Montreal, the average
working artist in the Greater Montreal Region makes less than $25,000 a year
from all sources of income; for new and emerging artists this amount is lower
at $12,000 or less. Yet, the culture industry contributes 8.2 million dollars to
the economy and represents 96,910 jobs.
Artists are at the heart of the industry, so why are they earning so
little? The answer may lie in the type
of education that artists receive. While
artists are, on average, a highly educated (and often self-employed) segment of
the population, few have any training in business skills.
Many
artists and creative’s lack the practical business skills needed to cultivate
their talent into a lucrative career. If
you are considering trying your hand at self-employment (like the other 41<>percentage<> of
artists who are self-employed) it is essential to have knowledge of the
practicalities of self-employment. Business
skills are what can set you apart from other talented people in your field, and
managing your time effectively means understanding all the facets of an arts
career.
Formula for Success
Monika
Majewski (Artists Coach at YES) recommends the following formula; “You want to spend roughly 40-60<>percentage<> of your time
on creation, 30-50<>percentage<> on promotion, and 10-20<>percentage<> on administration”. All three areas are essential to your success
and Monika cautions that, while your priorities will fluctuate, “nothing should
ever be at a standstill or 0<>percentage<>. If you
are spending less than 30<>percentage<> of your time on promotion, for example, you’re essentially
invisible.”
You
also need to be prepared for the emotional hurdles you may face. While most
self-employed people face rejection, the nature of an artist’s work can make
their position more vulnerable. Artists
have few “yard sticks” by which to measure their success and often end up personalizing
financial success (or lack thereof). You
need to be your own biggest cheerleader; have confidence in your work and
consider feedback for what it is- a source of information about consumer tastes
which can help you to hone your skills and identify your market niche.
Getting the Tools and Resources
You Need
If you are considering taking your art practice to the next level, or
looking to improve your existing business, business skills training can help. For those without the time, inclination, (or money)
to head back to school, there are resources available for you. YES publishes a guidebook called “Business
Skills for Creative Souls; The Montreal
Artist’s Guidebook”, which can now be found online. Those who want more hands-on, one- on-one
artists coaching or workshops, can call 514-878-9788, or visit the YES
center. You can also purchase the
guidebook and get more information as well as the full schedule of workshops
and services at yesmontreal.ca
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