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How Creatives Can Manage Their Work Like a Business

How Creatives Can Manage Their Work Like a Business

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If you are like most writers, filmmakers, musicians, graphic designers, and other professional creatives, then you did not choose your line of work specifically because of the money that you can make. Of course, all of these careers can be quite lucrative in their own right — but most creatives are motivated more by love of their art than by love of money.

This leads to a very high job satisfaction rate: after all, if you are making a living based off of your creative work, then you are essentially living the dream of many people out there.

However, it can also lead to challenges if you do not take the right approach. As a professional creative, you are essentially a small business owner, and you must manage your finances, your clientele, and your branding accordingly.

Here are a few simple tips that can help you do all of this more effectively.

Take Accounting Seriously. Accounting might seem like a useless chore — something that large businesses with numerous employees and numerous valuable assets have to worry about, but not a small-time band or an indie filmmaker. But by taking accounting seriously, perhaps with the help of a site such as QuickBooks, you can make tax time a whole lot easier while maximizing your deduction. (And, therefore, your income.)

Always Be Up For Networking. Those in the business world will tell you: it’s not always what you know, it’s who you know. This is just as true for musicians and artists as it is for bankers and venture capitalists. Good connections can land you shows, record deals, coveted spots in film festivals, etc.

Choose Jobs Wisely. Sure, you may be thrilled at the mere prospect of making art for money — but by being selective when it comes to accepting jobs, you can maximize your earning potential with just a little bit of patience.

Rights In can help you promote your art by landing lucrative licensing deals — it’s a match made in heaven for anyone hoping to escape the grind and make real money off their creative work. Visit us online today to learn more!