Is this fastest of developing artistic disciplines, Arts Entrepreneurship, potentially leading us towards a new Renaissance?
I’m getting Google reports on Arts Entrepreneurship feeds, which are coming in from all around the world. I see Dr. Dre contributing towards the cause at USC, Harvard and MIT are exploring initiatives too and Juilliard has launched a music entrepreneurship program. Approximately 130 colleges and universities are simultaneously developing AE initiatives, seemingly at once. What I see is that this realization Continue reading →
Does entrepreneurship sound like a viable option for you? What will you create and who or what will you serve? Here are some tips towards discovering what that might be and how to begin amassing your personalized audience of choice, which has potential to become a long-term support base for you, specifically, as an artist and entrepreneur.
Entrepreneurs often encounter problems in their startup process when they do not understand the revenue drivers. What is making the money for the business? Specifically, what is bringing cash in hand–not debt, not payments coming in a month, not credit, but cash in hand? For the success of any business, it is important that the entrepreneur understands how cash flows through their business. Once this is established, credit and other payment methods can be developed. Cash is King.
“My second conclusion is that attributes of creative individuals and attributes of entrepreneurs are so similar that even attempting to define a set of predetermined characteristics is a futile exercise”. (1)
This is such a great quote and I would further add that the reason for this is that entrepreneurs are creative individuals. They are creating the “larger vision”. Where a painter might concern themselves with the realization of their creative vision Continue reading →