Do you have too many income sources in your art business? (269)

There are many ways for artists to make money, but more income sources don't always lead to more income. In this episode, host Alyson Stanfield looks at the difference between an income source and an income stream—and why that distinction matters when you're deciding what belongs in your art business. You'll also hear about: Why adding a new income source can mean building a separate business The time, energy, marketing, and systems each source requires Why so-called passive income is a myth How to evaluate profitability, potential, and return on your time Questions to help you decide whether to add, keep, or let go of an income source The goal isn't to have as many income sources as possible. It's to understand what each one requires and decide whether it deserves a place in your art business. Read more and get links and resources on the extensive companion post. Email me to discuss strategic consulting for your long-term career goals. Think you'd make a good guest on The Art Biz? Read This The Art Biz is recorded on the traditional land of the Cheyenne, Arapaho and Ute tribes.