At first glance at the proposition of making money from a creative passion or hobby, it would seem that there are no Cons. After all, being creative is better than doing a boring day job and having money is better than being broke. I do encourage creative people (especially committed artists) to monetize their skills and transition into making their livelihood from their art. Yet I am not quick to suggest people quit their day jobs or push their passions into businesses without consciously weighing it all out. In some cases, it is best to keep the job and let the art be about passion and self-expression, and not about making money.
Here are the top 2 pros and cons of turning an artistic talent or creative hobby into a significant income source.
- You have a great excuse to do more of what you love to do and less of the unpleasant or unrelated things you do purely for money. (who wouldn’t love that?)
- You become identified with your artistry in a professional context which can lead to more opportunities, heightened self-esteem, amazing connections, and a greater sense of fulfillment in the career sphere.
- Some of the innocence, fun, and magic will be lost when the hustle of commerce comes into the equation
- You could lose passion for something once it becomes a job. Things like comparison, competition, & sales can dampen the pure creative fire and take the spark out of the work. Once you no longer feel passionate, it is tempting to drop it, thereby losing a perfectly good creative love affair.
So, I advise you consider both sides of the equation with any decision about a creative enterprise.
I am thrilled that I make good money doing the performance work that I love, and yet I am really glad that when I do any musical or collage project that it isn’t about making money, so there is a sort of purity that thinking through a commercial mindset can diminish.
Journal thoroughly about both what excites you and concerns you about any new enterprise you are considering.
Which of your talents are ripe to get developed into new revenue streams? Which ones would it be wise to just keep hobbies and art for arts sake?
Here is a link to an article I wrote about CREATIVE PROCESS vs. CREATIVE PRODUCT
What about your experience? Others pros or cons? I welcome your comments.