Passive Income

One way to create abundance is to have passive income. Passive income is the method by which you set up multiple streams of income that require little to no daily effort in order to maintain. Why is this important as an artist? As you very well know, being an artist means that sometimes you will see a month of incredible sales, while the next month those sales are cut in half. To take away some of that stress and worry, you need to set up multiple avenues of generating income. To begin creating multiple streams of income, start brainstorming all the ways you can make money as an artist. 

Ways to make passive income:

• Sell original artwork

• Sell prints of original artwork

• Offer commissioned artwork

• Teach

• Sell artist kits

• License artwork

• Run an artist blog

• List your services on freelancing websites

• Create merchandise with your artwork

• Mentor emerging artists

• Lead workshops or art courses

• Lease your artwork

• Sell digital downloads of artwork

• Publish your own art book or eBook

• Start a podcast

• Being contracted out through third-party websites

• Crowdfund special projects

• Patreon

• Murals

• YouTube

• Galleries

• Connect with Art Consultants

• Start your own online gallery with other artist

• Twitch

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