One of the most-used business metaphors is the ladder of success. It’s assumed that you start at the bottom and work your way to the top in a nice, progressive fashion. A few months ago, I woke up with the epiphany that this is not how it works.
A house in our neighborhood was recently rebuilt so that it looks nothing like before. It began as a bird’s-nest house – sitting on top of stilts nestled against the hillside. The owners decided to build around the stilts and (wisely) gain a ground-floor entry. Foundations aren’t what you see when you admire a structure, yet they are essential to its long-term survival. A solid business foundation isn’t always visible, but you can’t run a sustainable and profitable business without it.
If you are an artist in the U.S., take these for steps for turning your hobby into a legal art business. 1) Obtain your Federal Employer Identification Number. Don’t scatter your Social Security Number around! Get this free ID number from the Federal government for your art business. The Federal EIN Application takes 5 minutes and is FREE. Beware of sites that want to charge you for this service!
You are the CEO of your art business. The CEO is the person at the top of a company’s hierarchy. The buck stops, ultimately, with the CEO. Start acting like the CEO of your art business with these 5 tips.
As an artist, what has happened to you to make you feel successful? Or what will it take to make you feel successful?