Artists who earn passive income - The CreativeMindClass Blog
Passive income: a way to earn money that works while you sleep? -- Yes, please!
You've heard about passive income. It's a method of earning money when actually, you don't. Passive income is a mythical creature that lives in the middle of the forest that is dark and fairytale. We have heard about courageous artists who dare to go into the woods and got lost on the route.
Regardless of how mystical it may sound to be that this is something that most wants. It is the question of what can you do to make the tale to an optimistic conclusion.
We, at CreativeMindClass consider it is crucial for creatives who are planning to offer online classes to outsource the technical aspect of their project. Making a business that provides a passive source of income is an option to creatives. Read on to learn the steps to follow.
There's never been a better time for artists to reach their highest income levels
"Do your best work to do, and you'll never be a slave in your entire life" - OK, but how to do it?
Over the last two years, I've examined how artists work very hard working at what they enjoy every day. Artists today disrupt the marketplace with their creativity and earn decent money from the process. There has never been a more exciting time in history for the artists to achieve the top earning levels by creating projects for their clients, while also diversifying income streams and establishing a passive income.
- - Joanna Paplinski, CreativeMindClass Co-founder and Design Head
Avoid falling into the narrow-minded trap. Limiting one-time projects
Some artists act like worker bees who devote their time for one-time projects but failing to create recurring sources of income. It's kind of a vicious circle. Our work is focused on tasks that are easy for us to work on. There's always a new project, another artwork, another client and another show...
It's fun to work this way However, after a certain moment, after we've had enough it becomes apparent that there are other methods of earning money, and we begin searching for alternative income sources. We want to build something stable and long-term. Something that would let us have more time for ourselves and our loved ones. We are due for that hard work to pay back.
The secret of establishing a flourishing business
What exactly is delegation, and why you should start taking it up (best now)?
In plain terms, delegating involves having someone else do some of your work for you. It was once a personal assistant, but nowadays, it will almost certainly be a certain kind of service designed to simplify your work.
Starting from scratch creates creative professionals' lives more challenging
A trap awaiting some artists is their love of creating things entirely from scratch. Some love to mix their own paints, while others purchase ready colors from a store to save time mixing them, creating art (and the money) when the first one continues mixing and mixing...
Do you see what we're trying to accomplish with this? It is, of course, fun to find pleasure by mixing colors but this is about getting your business to another level, to the next stage, and therefore some decisions must be made. You cannot get to a higher level as a company owner if you spend the time you have to do basic tasks that someone else is able to take care of for you.
An already-built system. A gateway to your dream imaginative projects
Pre-built or ready solutions let you do the things you love doing and leave the rest to the experts. The true magic happens when you have a ready-to-use solution that allows you to develop more complex business ideas and more adventurous ideas. The ones that you always wanted to have, but there was never a good chance to take them further.
In the present information era, it is easier than ever before to help make your desires come true. The ready-made solutions are an entry point to things is unlikely to be achieved alone because of the shortage of resources, such as tools, skills or funds. or because you have no time.
Mix and match delegation: combine your unique art with the latest technology solutions
We don't claim to be experts on this; we based our philosophy (and this post) upon years of studying business literature that has helped us bring our dream project (CreativeMindClass Teaching Platform) to fruition. Most of them say the same thing over and over again, optimize your work process and DELEGATE. So, you'll be able to be focused on improving your craft when other things are done for you.
Utilizing technical platforms to facilitate delegating
Artists looking to make art and make money online usually have their plates full. We came up with an online platform that is technical for people who would like to impart their skills online. It's essential for people who would like to impart their knowledge on the internet using video lessons to outsource the technical aspect of the course, thereby creating the business in this manner that gives them a source of income.
Other creative business owners are also delegating. This includes CreativeMindClass
While building CreativeMindClass, the CreativeMindClass Teaching platform, we quickly realized the limitations of our abilities to do it all. The delegating process began starting on day one (OK, from day two but we'd start it on the first day ;) ). As a small team developing a portal with a huge dimensions, we wanted to utilize a set of options to maintain the highest quality of our visitors, cut down on time and give attention to the parts of the project that nobody else can take charge of.
Our teaching platform is a product that we designed and made ourselves, and even though "custom" or "personal" are among our most beloved phrases, we could not be able to succeed without the most efficient solutions. In order to ensure the best quality of our teaching solution we collaborate with businesses and people who are aware of our goals and with whom we share the same values. Local artists, talented freelance programmers as well as players such as Amazon, Stripe, MailChimp, BeeFree, or Ghost.