do you have multiple streams of income?

Let’s face it, there may be times when your revenue from your handmade business is not enough.

So what do you do?

In this episode we talk about different ways to add new income streams so you can continue pursuing your handmade business dream.

~ Jess, Mik & Deb

listen now

Podcast: Download

In this episode we cover:

The assumption that if you’re not making a full time living from your handmade business means you’re not successful is entirely false
It’s ok to have a different revenue stream that is different from your handmade business like a part-time job
You are not defined by your work
Do the numbers before deciding to do something
Reasons why you need to think long term when deciding to run your handmade business before it becomes a success
Examples of possible different income streams related to specific niches
Different income revenues related to sewing: teaching online or offline, selling digital patterns, selling on different patterns, alterations
Consider selling on several online platforms to get traction
Why tracking where you sell on different marketplaces is a must
What to consider when you want to add a new revenue streams
Being clear on why your want to have multiple ways to bring income
What to avoid when looking for different revenue streams
The pros and cons of being a graphic artist offering multiple choices to customers
Paradox of choice
Different income revenues for graphic artists: custom work, creative market, templates for anything, brochures, create typefaces, tattoo flash
Sign-up for freelance platforms
Selling stuff related to your handmade products
A few lists of unrelated income streams
The importance of your keeping mental space free when choosing a part-time job that’s unrelated to your business

Mentions:

Episode 11: Transitioning to Running your Business Full-Time

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