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Why you need multiple income streams as an artist. A lot of artists think that there is only one way to earn a living from art, but that’s really not the case. Having multiple streams of income is essential if you want to grow a successful art business.
Imagine you create some original work. You have to go to an art show or exhibition, sell the original work and go back to the studio to create more original work. The problem with this approach is that it’s a direct exchange for time and money. There’s only so many hours in the day and so many paintings you can create or work you can create without burning out.
If you have a business with multiple income streams, particularly some more passive income streams, the quieter periods are balanced out. When demand for one product slows down, you still have other products ticking away in the background that may take over and sell really well at that time of year. It goes in cycles, and allows each product its own time to shine
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7 июл 2022