Why You Should Create 5 Sources of Revenue as an Artist!
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- Опубліковано 15 лип 2024
- In this video, we're talking more about the business side of art! I'll share how I was taught the importance of having 5 sources of income from a Lyft driver and how you can do the same on your journey to financial stability as an artist! My patreon backers get exclusive access to videos like this one 2 months before i release them publicly, so if you're interested, you can join here: / vonnart
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Personal Website + Shop: www.vonnart.net/
Patreon Page: / vonnart
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Timothy Von Rueden
PO Box 124
Waukesha WI 53186
Timestamps:
0:00 Intro
1:01 Lyft Driver Advice
2:58 Why Diversify?
3:40 1. Conventions
4:44 2. Online Sales
5:52 3. Patreon
7:58 4. UA-cam
9:45 5. Freelance and Kickstarter
10:30 Think About Your Own 5
12:02 Outro - Навчання та стиль
Please make more videos like this!! It helps immensely.
Not to hate on other youtubers, but ive noticed a lot of videos about art business are basically made by people who make money from making videos about the art business lol. Its really nice to see someon who I trust actually makes money from their art talking about the subject. Id like to see more videos on how you do conventions, ship prints and which of your pieces tend to sell the most often!! 🙏🏻
The Lyft driver piece of advice is pure gold. What a great way to think about additional income. And having the content be cross compatible on platforms is a great piece of advice too. Thanks for sharing your knowledge ❤
Awesome advise!! Great video!!
I'm just starting but my Fab 5 and what I'm working on are:
1 - Courses
2 - Memberships (like Patreon)
3 - UA-cam
4 - Licensing (hopefully)
5 - Chaos, like you! I'd eventually love to do kickstarter products, and books, or different things like that.
Great plan!! Best of luck with this path!
You are so calm and chill. Easy to listen to while also giving good advice. Thank you.
Hi! I opened your channel to pick a follow along livestream and practice a little, and this playlist about business came up... It's crazy, I've been struggling with this for the past weeks. My name is Fernando and I'm an illustrator / graphic designer living in Brazil, and my sources of income vary a lot, especially this year.
In the first half of the year, my main source of income was by managing different companies social media, like making the layout for posts. I hated this very much. a major client of mine didn't deal well with the pandemics so they had to interrupt my work in the beginning of the year. And I refused some other clients because I really don't like doing this
I make freelance illustrations, which I like better, but the amount of work varies a lot because I'm not too good with networking and prospecting new projects. most of the work I've done in this area was by indication.
My third source is working with layout. This one does not vary much, I do the layout for a local monthly newspaper.
Lastly, about my work as an artist HAHA the only income I got was by participating in a competition. With the end of the year and my other areas struggling a bit, I've been thinking a lot about this. I really enjoy drawing but I don't know how to pursue a career as an artist. I don't even know if I could. To create my '5 avenues' as an artist would be the "dream". I've been drawing a lot more in 2022 in comparison with the past couple of years. But I never found "my voice" as an artist. I tried to put an 'art vs artist' together and I didn't even posted it, because there were too many different things together. I've been thinking about how to change that and trying to see a clearer path for me. So yeah, I've been kinda depressed this month haha anyway, sorry for the long text and thank you for this video, hearing all of that from an artist that I admire so much helps believing it could be possible. and thanks to that driver as well for the great talk!
This is great and I hope you eventually find what your remaining avenues can be! It is definitely possible and don't give up on yourself! I always believe that the only way to fail as an artist it's a stop trying. And when it comes to finding your own style, a lot of that we'll come the more you create in the more you make intentional decisions while you work to create an aesthetic that suits your soul. So definitely keep it up and I wish you nothing but the best in the future! And I'll do my best to continue making videos that will hopefully continue to inspire!
You communicate your ideas so well I can listen to you all day! Great ideas and strategies! Thanks so much!
cool tips, also your skin looks v nice and clear. love you tim~
It must be my vampire lineage and the fact that I only drink pure, young blood.🩸
Thank you for this video, it really helped. I already knew the sources you talk about, but it was useful imagining them "framed" in a more general view, as you do when you talk about diversifying our sources of income and having five of them as main pillars for an artistic career. :-)
Yeah, I think it helps my brain categorizing them separately so that I know who to proceed with each of them properly!
Very good video thank you !! 💛
Thanks for this! I think it's going to help me finally wrap my head around how to transition from my day job to working for myself as an artist full time! ❤
I had to go through the same transition and something that helped me was building a safety net first. So for two years before I quit, I really took conventions and my online shop more seriously so that I could build them up while I was preparing to be independent. That way when I left my full-time, I felt like I had a little bit a cushion to fall back on right away!
a very interesting video. I hear youtube changes the way it pays out frequently and that they don't pay out for "tutorial" videos now. you are such a cool guy and I wish you all the best.
This was a very helpful video, thank you! I would love to see more advice content like this for artists. I've learned a lot about my priorities recently, and I know I want art to be my main focus. I don't have a lot of income streams right now, but your video has helped me realize how important it is that I invest my time into figuring those out, so thank you! I quit a very demanding full time job in 2021 that took away basically all my free time to make art, but it definitely provided me enough $ to be financially stable, so now my goal is to reach close to that level of financial stability again but this time while still being able to make lots of art.
For now, I started a part time job doing layout design - the hours vary greatly and I don't make much from it, BUT it does provide somewhat consistent cashflow & I have dental/vision insurance through it. Last year I submitted some prints to sell at a local gallery show and I am thinking I could try to do that more often too. I am also getting back into doing commissions, and I want to do better at promoting those. And I am starting to focus on my UA-cam channel because I've discovered really love editing videos, and it allows me to express myself more than just posting a photo to twitter or insta, so I really hope it will lead to another source of income eventually because I do love it. I have also been told that I would be good at making sticker designs, so that's something else I would like to look into - maybe start on etsy and then move to my own site if I gain a really good following. I have other goals too, like starting a comic/webtoon or getting an illustration agent to help me reach higher-paying clientele, but that's a little further down the line. Sorry for the long comment, you just really inspired me with this, and I feel like I really believe in my ability to do these things now, so thank you!! :) I really like how calm and encouraging this was, I look forward to more videos like this (and I absolutely love your work!!)
This is great and it seems like you have a really good plan of action already! And if you do enjoy recording and editing, I believe UA-cam can I have such long-term success but I would definitely look into it for yourself as well!
@@vonnart thank you!! I will :)
Thank you for this video. It is helping me thinking about what I might do.
I'm glad to hear, definitely get that brainstorm a brewin!
Love the video! Right now I’m in the process of trying to transition to tattoo artist to full time artist :)
One of my best friends and old roommates did the same transition! His art handle is "artofprice" and you can see his tattoo influence but put in a fantasy illustration style!
I remember this story from the CG Cookie livestream days! I enjoyed this video format too. Excited for your future content Tim, thanks for sharing your experiences!
Haha yeah that's awesome!! It's definitely a story that will stick with me the rest of my life!
Awesome video! Trying to rely on just one income source as an artist is not only difficult, but exhausting so thanks for putting this advice out there! 💜
That's so true. I hope we can continue to let artists know that they don't have to limit themselves to putting all their eggs in one basket!
I LOVE these kinds of informative shorter videos ❤Immediately as I was watching this I pulled my notebook out and started writing down the sources of income I have from my art 😅At the moment it's not much! My primary income is my commissions, followed by streaming on Twitch and getting donations through kofi! Streaming has been such a wonderful and lovely surprise, I would have never expected the support I've gotten over there. Besides that, I want to put more time and effort into making prints and promoting that!
The last 2 that I'm considering for the future are a patreon and other online sales besides prints, such as stickers and other merch 🥰
Thank you for sharing your stories and advice! ^^
Absolutely! And I believe streaming can be easily someone's number one source of income, it just takes a lot of consistency an effort to get it going but the community you can build through it is fantastic!
This is actually very helpful! I would love to see more videos like this and also just more videos from you in general ❤
Thank you! I currently have about four more videos already edited and ready to be published and I'm definitely ready to continue making more!!
so insightful! This helps so much
Thanks for your insights Timothy! I would love to know more about how you started selling your own products and how you manage all the details behind. For example storage space, packaging etc. and do you have other people managing book keeping? I find myself to be quite overwhelmed to think about everything and would love to hear how you get where you are now. Thanks again and have a nice day! Cheers, Noah
Hi there, Yeah this is a great topic to make a video on! Currently I converted my basement into a printing/warehouse/shipping center and my boyfriend helps with taxes, orders, and printing! I used to have to everything by myself so eventually if things go well, I think having others to help is necessary. Being able to trust others with your business is a great lesson to learn but it makes it so that I can draw more!
I love the stubble, very handsome! This is much better advice than my painting teacher from college who told us to marry well 😅
So clear and concise! Love hearing your advise! I'm loving this style of video, I would love to see a mixture of informative videos and art process videos on the channel, or whatever, it will all be good! Thank you for sharing your knowledge with all of us :]
Definitely have plans for both I already have two pencil technique tutorials to be released next! So stay tuned and I look forward to sharing more
Thank you for making this! I always love to hear about the business side of artists. I am currently making some money with my comics and patreon but plan on doing more with my youtube channel and online shop.
That sounds awesome! Best of luck with your endeavors
Brilliant mate, thanks for making this video. That five-gig mindset resonated with me, in particular how the process of securing those five sources is unique to every individual. Its very much an artistic process in of itself. I dont think the artist spirit is cut out for the "farm life" of the 9-5, and is much more suited to the hunter-gatherer lifestyle of our forefathers. Keep up the quality content.
Yeah, I definitely resonate with this statement!
Super helpful, informative, and you have a voice and presence I just like to listen to. (German UA-camrs are absolutely terrible in that regard.) Also thanks for giving the main points of your talk in the info, that's SO helpful! Will definitely watch more from you (and it helps that I love your art and have several of your books) =)
Thanks so much! Yeah i'm looking forward to sharing more!
What's your take on physical galleries. While usually take a large percentage of your sales, if they provide marketing/promo, that might help offset that loss. But you need volume there. I see several artists who have their own physical galleries, but that requires a lot of $ and success first. It's difficult to navigate resources, such as fine art printing and logistics. So many moving parts!
Hi again, I am a software engineer from the Netherlands and hobbyist artist. My sources of income currently are my full time job, tutoring, and stocks/crypto. I don't earn enough money to quit the first one though, even though I wish I could. The salary is good but I just don't think I am made for the high hours high expectations high everything corporate lifestyle, it is giving me endless anxiety and stress. I want to put everything I have into tutoring and art right now. I have always handled money intelligently from a young age, investing and saving it up to a point that I am currently at around 64k euro worth of investments and liquid assets. But I am considering just risking it all and reducing my expenses to the absolute minimum, digging into my savings, and doing more tutoring to sustain myself for the mid to long term while living with my parents. I don't think I will be able to earn any money off my art as is it is right now, maybe in a year or two of practice. But I can't imagine doing this for another few years while I work on it.
The corporate life is not all its made out to be, kind of sad it took me close to six years to realize it.
I think this is a great idea and maybe you could build a little bit of a safety net before you quit your job entirely. Before I left my full-time job, I spent two years building up my convention training and building an online shop. This way, by the time I was ready to leave, I felt that I already had a head start in being an independent artist rather than going in with nothing built before hand. I hope this helps and just know you can definitely do it!
Aw I loved this!! Thank you so much for sharing this precious information! And I'm also thankful for the lift driver who shared it with you!
I am definitely wanting to expand my sources of income. So far I'm mostly making my income through my day job - being a tattoo artist.. I've also got an etsy store that has now, over the holidays, made a few more sales than usual - the usual being 1 sale every 3-4 months :D I don't really have much on there and it's also pretty niche so yeah.. I've got a youtube channel, I've been wanting to do that for years now but am still quite shy with the camera, as well as I think that I have nothing useful to talk about :D
It would be great if you made a video with ideas about what one can upload as an artist on youtube.. I'd love to do more videos! Even if I'm far far away from being monetized haha :D
Greetings from Germany!!
I think you have a great start! Maybe the next step would be investing some more time per week on your Etsy store? And when it comes to UA-cam, mostly did live streams so after a few months of doing these pre-recorded videos, i'll have a better idea of what seems to work on UA-cam as an artist! And I will definitely share that information
@@vonnart Thank you so much! This is really encouraging and yuo definitely put me in the mindspace to do some more work for the etsy store, thank you! I love your live streams btw! And especially enjoyed the interviews you had with other artists, especially when you guys were discussing the business side of art! Anyway, thanks again! Can't wait for the next videos!
wouldn't 5 or even 4 revenue sources dilute your focus from everything and make it fickle? Instead of focusing on a maximum of three and become really great at them?
Hi Tim and thank you very much for the great advice :)
it truly came in a good time for me, I'm not a big "2023 renovations" guy, but I been looking for updating my business plan in the last few days.
listening to your points and taking notes of them, I noticed that you didnt speak about art galleries, did you think about this venue as well?
I have done a few art galleries but I don't find them to be particularly for me. Most galleries take a huge chunk of the originals sales and because I have a big enough following on social media I can just sell the originals myself and keep all the profit. Galleries I believe nowadays are more for prestige but certainly can still be another route you could go. I have a few friends that still do this route and they would still recommend it!
@@vonnart thank you very much Tim :)
yes, galleries tend to do that and I'm upset about it, its just get too expensive with them.
the other espect of it, as I see it locally, is that it can make your art worth more and be sold in increasing cost over time because of the name of the artist and such. I try to say that its not only the prestige but gettiing into another area of people that search to buy expensive art.
I also dont really like this area but wouldnt mind testing it to see how it goes :)
Weird. This video doesn't show up in your recently uploaded.
I've just realized that these videos are meant to stay unlisted until February for my Patreon backers to watch. It's an exclusive perk to watch them two months early BUT i noticed that my playlists are public and that's why they can still be found 😅
This is very helpful to me just starting out, thanks for sharing 🥲