Everyone has their own experience with money. Some grew up with lots of monetary wealth, and some with hardly any. I’ve met people who were fine with money until they set off on their own as a young adult and money slapped them in the face.
A lot of you come to me with major money issues.
Healing those is the only way you’re ever going to begin bringing in money. There’s something about the way our world works that doesn’t allow you to break through to a new income level until you’ve settled some of the yucky mindsets you’ve got around money. There are tons of reasons you could be messed up with money – like acting based on scarcity or fear, or believing that you can only get money by working hard (the dirty, ugly kind of work), or thinking your skills aren’t worth much.
No matter what your blocks are, they are just that – blocks. And they are getting in the way.
If you want to make enough from your art that it’s a business, not a hobby, then you’ve got to get over these blocks. It all starts with one little step. If you commit to taking one step, you’ll be that much closer to the income you want from your art and that much further from all those money issues. Here are some examples of steps you can take. Pick one or make up your own. Commit to doing it by commenting below to let us know exactly what you’ll be doing.
- Raise your price on one of your pieces to something that just barely makes you uncomfortable. Would you never charge $100 for the piece you’ve priced at $75? Try pricing it at $90 and see what happens. Sit with it for a while.
- Raise the prices on all of your pieces by a couple dollars each.
- Pay for something “unnecessary” like a really pretty material, a tool you’ve been coveting, or a course that could help you grow in your art or business knowledge.
- Start selling prints if you’re a 2D artist. Your originals can be priced high and the prints much lower, allowing you to feel confident that you aren’t making your work unaffordable. If you work in 3D, you can also scale your work by using less-intricate designs or less-expensive materials to make similar work. This makes your products affordable to people at multiple socioeconomic levels.
- Use Resonate Pricing to just meditate about $ a little. Baby steps.
- Decide that your business is a business and make sure all your legal paperwork is filed and that you’ve got a business bank account that all your sales and expenses run through.
- Draw up a profit/loss statement for last year or the last 6 months and see, by the numbers, how your pricing affects your business income.
- If you aren’t already, start tracking how much you spend on materials so you can be more informed when you price your work.
- Start putting away $5 or $10 each month that you can do a little something fun with at the end of the year. If you start today, you could have $80 by the new year!
- Sign up for a financial tool like Outright or Wave so you can start taking control over your business finances.
Just pick one and take that first step toward freeing yourself of your money issues. Let us know in the comments what you’re going to do to take that first step today!