Nibletz Staff
Cup of coffee on background of business strategy
For anyone looking to escape the 9 to 5 struggle, the prospect of running your own business, in relation to something you have an extreme passion for, is not just the goal for business people. It’s probably fair to say across the board that everyone would rather make a career out of their passion. This couldn’t be more applicable to the artistic or creative worlds. Both areas require a lot of extravagant thinking, but a lot of businesses that try to go down the creative route can end up struggling because they aren’t so savvy on the business side. So how can you create a successful business from your own artistic endeavors?
The Work Is The Most Important Thing
In other words, what you create, i.e. your product. By sticking vehemently to your passions you will have a zeal for creating great work, and this enthusiasm will naturally bleed into your product. So be clear about what you want to make, but also who you want to make it for.
Identifying Your Target Market
Integral to the selling process, you need to make sure that you know exactly who it is you are able to cater your product for. If you are unable to do this, it’s going to be a very difficult process, and the best way to define your target market is not to go for the broad canvas, but rather focus on a niche part of the market. Have a look at inc.com for some inspiration on hitting your target market in this respect. This will concentrate your efforts more on building your product, and also helps you to tailor your marketing strategies to better suit the audiences, so they are more inclined to purchase your product.
Manufacturing Your Products
If it gets to the point that your artistic endeavors are proving lucrative enough that you need to start making copies of your work for mass production, you need to think about the best way to manufacture these at a rate large enough to meet the quota, but also making sure that your product doesn’t reduce in quality. It is at this point where you may start to think about machinery, depending on the type of business you’re operating. For an arts and crafts type of business where engraving is a key part of the process, you may want to think about investing in something that can get your products engraved and out there quickly. If you see the laser cutter at bosslaser.com, it is something that can lend itself well to various artistic applications from photo etching to wood cutting to engraving signs. By using a specific item of machinery that can be used for various things it will make for a useful return on your investment. Your manufacturing process needs to be well thought out if you are planning on creating one piece of art, be it jewelry or photographs, and distributing them en masse.
The artistic pursuit when it comes to running your own business is a very fine tightrope to walk because you need to establish the business side properly before working on your art. This means that you will have a better structure and framework in which you can operate so you are likely to get a better response from your intended audience.
