Whether you are looking to become a full-time artist, musician, singer, or actor, starting a creative business can be an expensive endeavour. The good news is there are some savvy ways you can raise the cash you will need to take your first steps as a creative entrepreneur. Read on to find out what they are.
Sell items you no longer need
One of the most effective ways to raise money for your creative business venture is to sell things you no longer need. The funny thing is that one person’s trash is often another person’s treasure which means items that are doing nothing but cluttering up your home can earn you some decent cash that can be put towards your business.
In particular electronic devices like phones and tablets that you are no longer using is a good thing to sell because they can be wiped and set back to factory settings. Additionally, jewellery made from precious metals can be sold to businesses that offer cash for gold for a tidy profit. All you need to do is pop into their local branch to have your items valued for free.
Offer your skills for commissions
For those that want to start a creative business, there is the option of offering your skills for commissions. This means you show your work on platforms like social media, and then let people know that they can have their own piece made by you, to their specifications for a specific price.
The great thing about this is that it doesn’t take too much effort to set up, has low overheads and can bring in some good money if you do things right. It works particularly well for digital creatives as they only need to email the finished product to the client and also be paid via third-party providers like Paypal online.
Work a side job
Another great way of raising the money to start a creative business is to take on a side job. You may even be able to find something in your field of creative expertise if you are lucky. For instance, if your creative skill is painting, how about taking a job painting scenery for your local dramatics group?
Alternatively, if your creative skill is acting then there are dinner shows, and theme parks that often require actors to help make the experience more immersive for guests and that pay good money too.
Cut your costs
Last, of all, most people think they need to earn money for their next creative endeavour, but what about just putting the finances you already have to better use? Indeed, you can raise a significant amount of cash by saving and budgeting, and not buying things you don’t really need.
For instance, you could save yourself around $5-$15 dollars a day by making your own coffee in a travel mug before you leave the house and packing your own lunch. Over a week that means you get access to $15-$75 that you can add to your business fund! It really does add up!