Artists who earn passive income - The CreativeMindClass Blog
Passive income: a way to earn money which works even while you're asleep? -- Yes, please!
You've heard about passive income. Something that works when, actually, you don't. The passive income is a mysterious creature who lives in the depths of the dark fairy forest. There was a story about brave artists who dared to enter the forest and lost themselves on the path.
Regardless of how mystical the idea of passive income may seem, you must admit, it is in fact one of the things that people want. The question is - how to do it and make the story to a happy ending.
We, at CreativeMindClass we believe it is fundamental for artists who wish to teach online to share the technical elements of their work. Making a business that provides an income that is steady is an option for creatives. Read on to learn the steps to follow.
There has never been a more ideal moment for artists to achieve their highest income levels
"Do your best work and you'll never have a single day off during your lifetime" - OK, but how to do it?
Over the last two years, I've looked at how artists work very hard working at what they enjoy every day. Artists today disrupt the marketplace with their creativity and earn good money with the process. There has never been a more exciting opportunity for artists to reach the highest earning levels by performing projects for clients but also diversifing income streams and establishing an income that is passive.
- Joanna Paplinski, CreativeMindClass Co-founder and Head of Design
Avoid falling into the narrow-minded trap. Minimizing one-time projects
A few artists are like worker bees who devote their time to one-time projects repeatedly without establishing regular sources of income. It's a bit of the vicious cycle. Our work is focused on tasks that seem easy to us. There's always a new project, another work, another client, another exhibition...
It's fun to work this way However, after a certain point, often when we are tired and realize there must be other ways of working and start looking for other income sources. We would like to make something that is stable and sustainable. Something that would let us have the time we need for our families and our loved ones. We are due for those hours of hard work to be paid for it.
It is the key to launching a successful business
What exactly is delegation and the reason you should begin delegating (best today)?
Simply put, delegating involves having someone else do certain tasks on your behalf. It was once a personal assistant, but today, it'll most likely be a specific kind of service to make your life easier.
Starting from scratch creates creators' professional life harder
One of the traps that await artists is their love of making things completely from scratch. They love mixing their paints while others get ready colors from a store, make it easier to mix them creating artwork (and cash) when the first one continues mixing and mixing...
Do you understand what we're trying to accomplish with this? It is, of course enjoyable to revel by mixing colors but we're talking here about taking your company up to a higher level, the next stage, and therefore some options must be taken. You cannot get to a higher level as a business owner when you use your time performing basic activities that someone else can easily perform for you.
Pre-built solutions. An entry point to your ideal creative projects
Pre-built or ready solutions let you do the things you truly love, and leave the rest to the experts. The true magic happens when a pre-built solution enables you to implement your most complicated business concepts and adventurous dreams. The ones that you always had, but there was never a good chance to take them further.
Today, in the information technology age, it's more simple than ever before to see your goals happen. Solutions that are ready can be an entry point to things you would probably never achieve alone due to a absence of resources such as tools, skills or funds. Also, there's too much time to do everything.
Mix and match your delegations Your unique artwork and technology with pre-designed solutions
Please don't take our word on this; we based our philosophies (and this article) upon years of studying business-related books and articles that have helped us in bringing our dream idea (CreativeMindClass Teaching Platform) to fruition. The majority of books say that same thing over and over again, optimize your work procedure and eliminate. This way, you can focus on polishing your art when other things are done for you.
Utilizing technology platforms to facilitate giving away
Artists who want to create and earn their income on the internet usually have their hands full. We came up with an application that can be used by those who want to share their expertise on the internet. It is fundamental for those individuals who want to instruct via video online classes. This allows them to share the technical elements of the course, thereby creating this way a business that gives them a source of revenue.
Other creative business owners also delegate. This includes CreativeMindClass
As we built our CreativeMindClass learning platform for teachers, we realized quickly - We cannot manage everything. Delegation was a thing that we started doing from day one (OK since day two, but now we'd start it on the first day ;) ). As a small team building a portal of enormous dimension, we decided to utilize a set of solutions that would ensure the best quality of our visitors, cut down on time and concentrate on certain aspects of our project that no one else but us could take care of.
Our platform for teaching is a product which we created and developed ourselves, and even though "custom" as well as "personal" are among our most beloved words, we will never succeed without using ready solutions. In order to ensure the best standard of our learning solution We partner with people and companies that understand our vision and share the same values. Local artists and talented freelance developers, and players like Amazon, Stripe, MailChimp, BeeFree, or Ghost.