5 Money Must-Haves Before Going Full-Time
Clients and colleagues alike have shared that a Big Scary Dream is to go all-in with their art.
To be able to pay the bills and travel from sales of your apparel.
To provide your children with more than you had from commissions for your paintings.
To retire comfortably after investing profits from freelance design projects.
Life on your own terms.
If that is your goal, I'll be one of the loudest cheerleaders in your corner. But I want to help set you up for success before you make that exciting leap.
Planning is what turns a dream into a goal.
Here are a few key must-haves to secure before going all-in:
⚡ A 3-6 month (minimum) safety net while you adjust to irregular income (especially if you have dependents)
⚡ At least 1 full year (preferably 2-3) of cash flow data -- We want to see the trends of how money is typically moving in and out of your biz
⚡ Clear revenue goals and the strategies to achieve them. Break your annual goal into quarterly and monthly checkpoints based on trends and strategies
⚡ Diligence to bring those goals to fruition AND flexibility to course-correct as needed. Full-time entrepreneurship takes grit and grace
⚡ A rock-solid support team whom you can share your goals with and who will keep you accountable to doing the work
Tell me: Are you full-time with your creative brand? If not, is that a goal of yours?