As artists in business, we are a one-person show, and we wear a lot of hats. Not only are responsible for the greatest bulk of our work, namely creating our art, but we are also responsible for the business and marketing of that work.
I talk to so many artists that say “I just want to do my work. I want someone else to handle the business.”
Realistically, you need to know how to manage your business, for a couple of different reasons. First of all, as you are just starting out, you probably don’t generate enough income to be able to pay someone to manage your business. Secondly, even if you did, many, many artists have been ripped off by unscrupulous people who recognize that the artist is willing to hand everything over and fully trust them. In order for you to not be in that kind of a position, you need to know enough about your business, and be involved enough in your business to recognize when something like this might be taking place.
So, certainly you need to have some basic knowledge in legal matters, bookkeeping and accounting, and marketing. However, at some point, you will no doubt want to outsource some of your business.
You’ll know you’re ready for this when:
1. You feel like you are able to do some of the basics, but you know that you’d be over your head if you attempted to go deeper. A good example of this is creating a website: you might have a clear idea about what you want on it and how you want it to look, but you don’t possess the technical skills to build it. Another great example is getting your taxes done by an accountant.
2. You know how to do something, but it takes you longer to do that an expert could do it, and you feel like your time is more valuable spent elsewhere. An example from my business is that I upload information about my client’s shows to certain event websites in Vancouver. Honestly, I hate this task. It’s repetitive and boring, but it’s a part of my contract, so I need to do it. I outsource this task, because my time is better spent contacting and pitching to the media and trying to get my clients preview and review articles.
I would love to hear what kinds of tasks you outsource from your business, and why. Please share!