Artists’ and Performers’ Stigma with Money – A Negative Cycle
Here are the 7 reasons that Mark writes about:
1. We Think It’s Not Important
2. We Don’t Know How to Get It
3. We Don’t Know What We’re Worth
4. We Don’t Want to Sell out
5. We Don’t Want to Look Greedy
6. We Don’t Know How to Manage It
7. We Wouldn’t Know How to Spend It
So very true. This article made me realize that the relationship between money and artists/performers is, unfortunately, like one big negative feed back cycle. We associate money with negative feelings – we don’t understand it, we don’t think it’s important, we think it’s greedy – and this leads to us not wanting to deal with it. Not wanting to deal with it prevents us from managing our money; poor management leads to a decrease in money, which negatively feeds back again into the way they think about it. It’s no wonder we have this starving artist label!
Let’s elaborate a bit on each point.
We associate money with negative feelings:
For a lot of artists and performers, money makes us nervous. We worry about not having very much of it, and we worry about how to make more of it. This can cause a lot of stress, which will inevitably affect your creativity and your work.
We don’t want to deal with it:
All the stress, frustration, and fear associated with money makes us not want to go near it! It’s like almost like a phobia – if you associate negative feelings with an object (i.e. a spider), you won’t want to deal with it. Obviously, some of our reactions to money are not this extreme or even visible. Whatever the extent, the negative feelings are embedded in our thoughts, which affect our actions.
We don’t want to manage our money:
So we don’t educate ourselves on managing money, we don’t set financial goals, we don’t plan, we don’t budget, and all of these things are crucial for the survival of ANY business. Yes, even the business of YOU. If artists and performers want to make money with their talents, they need to realize that they are running a business. They are selling themselves and their talent, which can be done in many different ways. Read this article here for
We don’t make enough money:
Poor money management can lead to overspending and/or lack of income. Whichever it may be, this is a decrease in money which feeds back into the cycle all over again.
AYAIYAI! The only way to stop this vicious cycle is to intervene and DO SOMETHING about it. Start educating yourself on money managing. Listen to Mark’s free audio giveaway called “. Read our blog post about and use the resources on that post to put your creative career into ACTION!
To your success,
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