📚 Main Topics

1. Overcoming DoubtMel shares her experience of being told she wouldn't earn a living as an artist and how it fueled her determination.
2. Income StreamsAn overview of various ways Mel earns money as an artist.
3. Monthly Earnings BreakdownA detailed look at her earnings for August 2022.
4. Growth and ConsistencyInsights on income growth and the importance of multiple income streams.
5. Encouragement for Aspiring ArtistsMel's advice for those looking to build a career in art.

✨ Takeaways

• Diverse Income SourcesMel emphasizes the importance of having multiple income streams, including:

  • Commissions (e.g., picture books, greeting cards)
  • Print on demand (e.g., Spoonflower)
  • Royalties (from various products)
  • Licensing (pattern designs and illustrations)
  • Teaching (Skillshare and her own platform)
  • Affiliate marketing

• Earnings OverviewIn August 2022, Mel's total income was approximately NZD 15,185.50 (around USD 10,000), with significant contributions from:

  • Online teaching: NZD 4,948.01
  • Royalties: NZD 7,718.50
  • Commissions: NZD 984
  • Print on demand: NZD 1,151.24
  • Licensing: NZD 357.30
  • Affiliate marketing: NZD 26.44

• Income VariabilityMel notes that her income can fluctuate significantly from month to month, highlighting the need for financial resilience.

• Long-term GrowthShe mentions that her income tends to grow over the years, particularly from royalties, which can increase with new licenses.

🧠 Lessons

• Persistence Pays OffChallenges and doubts can be powerful motivators; perseverance is key to success.
• Experimentation is EssentialTaking risks, breaking rules, and experimenting with different avenues can lead to growth and fulfillment in an artistic career.
• Patience in Building a CareerEstablishing a consistent income as an artist takes time and dedication; it's important to focus on what you love.
• Continuous LearningMel encourages aspiring artists to seek knowledge and skills through courses and platforms to enhance their careers.