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The Art of Finance is a fee-based financial planning firm dedicated to helping creative minds negotiate the complexities of personal finance.
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19 Oct CREATIVES CAN BE WINNING WITH MONEY (PT. 2)

Remember how in my last post I was telling you that Creatives could be winning with money? I told you I’d send you some practical next steps to help you start to gain some traction. And here they are. Let’s jump right in!

 

THE FRUSTRATION
I hear creatives tell me that they just can’t get in front of the right decision makers. That the small annoying details of growing a business or brand are wearing you down.  And maybe you feel the overwhelming urge to jump off a bridge when you think about filing your quarterly taxes. Hey, we’ve all been there. But believe me, there’s hope.

 

 

FEELING STUCK? TRY THESE THREE SIMPLE CHANGES

Here’s three simple and powerful tools to begin unlocking the potential inside your creative brain.  Just one has the potential to take your game to the next level. And like anything, you actually have to start. So here we go:

 

 

Change Your Language  
So, you know how you tell everybody ‘I’m terrible at details’ or ‘Math’s not my strong suit’? Guess what — you’re making it more true every time you state it out loud. You start to believe it. So try is; for the next two weeks, try stating the OPPOSITE for one or two of these perceived weaknesses. Write down in your journal or blog “I AM on top of my finances”. When talking on the phone, state “I CAN navigate the business-side of my creative endeavors well.”  By making this simple conscious choice, your sub-conscious mind will start to become more comfortable with this new reality. You’ll start to believe them. And by believing them, you’ll adapt your behavior to make them true. If you’re stumped on coming up with good affirmations to speak into your sub-conscious, check out this list of ’80 Affirmations for Entrepreneurs’.

 

 

Out-Sourcing
There are certain areas of your business and financial life that are just inefficient to do yourself. Sure you COULD do them if had to, but you either don’t enjoy them or don’t do them as well as you do other things. This is where you surround yourself with an incredible team. Find a local IT Support guy if technology issues are making you pull your hair out (I keep Philtron Computing on speed-dial). Form a relationship with a great accountant if taxes and bookkeeping don’t come naturally to you (Kyle at Manninen PCalways calls me back the same day). The most brilliant creatives in history surrounded themselves with professionals in other areas so they could focus on the things they loved. And it’s a win-win. By winning in the marketplace, you gain the freedom to form your own destiny. Nobody wins in the marketplace alone.

 

 

Accountability
This one is the most important. Because without it, the first two usually crumble into sawdust. Most creatives are highly independent and often outsiders. Personally, I’m pretty introverted and really need my alone time. But hear me, creatives — you NEED people around you to keep you on track for your goals. Set a weekly date with one or more person. See them in every week, rain or shine. Share with them your goals, fears, and dreams. And ask them to not let you off the hook. By surrounding ourselves with other people watching our “performance”, it compels us to follow through and helps us realize our full potential.
Challenge yourself this week. Try to embrace even one of these life-changing tools. Put it into your daily routine for 2 weeks and see if you notice any difference. Then let me know about your experience! Did it work, did it not? Be honest!

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19 Oct CREATIVES CAN BE WINNING WITH MONEY (pt. 1)

I was recently talking to a very talented artist at a wedding reception. She builds dream-like tables and chairs that are straight from a Dali painting. They require incredible detail, skill, and precision. She uses lasers. And she said something that made me sad;

 

“Oh, I hate the business side of what I do.”

 

Yeah, you know what I’m talking about. It’s that background music that floats through every artistic community. It says “I’m bad at math”, and “that legal and tax stuff is so boring”, and worst of all “I just wish I didn’t have to focus on the business part of my art and could just… create it!”

 

And they are all toxic half-truths. But there is some really good news, guys!

 

 

Rise of the Creative Class
More and more creatives and artists are winning in their businesses every day. In fact, there’s a well-documented “Rise of the Creative Class” that is happening in our generation like never before in history. We all know the amount of information and choices we experience every day is growing to an unbearable level. And it’s people like us that can absolutely thrive and dominate in the new economy. I really like the way Fast Company breaks it down in their article “Why Creatives Will Rule The World.” These are some of my favorite insights:

 

 

COMPLEXITY: We live in the most complicated age in human history. And this gives right-brainers an amazing opportunity to thrive. Why? Well, creatives are big-picture thinkers who can simultaneously focus on the tiniest details. We don’t get bogged down or stuck with a complex problem. Instead we thrive in a high level of ambiguity, and are willing to take more risks than left-brainers. Complexity can slow down or even cripples analytical minds. Creatives are designed to excel it in.

 

 

STORYTELLING: Creatives get the power of storytelling. It’s fuel for our souls. And in the new economy, human empathy and strong collaboration is the key to winning on a big scale. Facts, charts, and raw data is becoming less important in our information saturation of 2015. Finding and telling stories is the most powerful way to unite groups of people, and accomplish big tasks. And nobody excels at story-telling more than creatives like us.

 

 

QUICK ADAPTION: We right-brainers were never really the “In-Type”, so we’re not super attached to tradition. That’s awesome because the world is changing faster than we can even understand. Our ability to adapt and find creative strategies is like the bob-and-weave of a prize fighter. You can’t knock us down if you can’t land a solid punch.

 

 

Okay, so maybe you “know all that”, but you’re still hung up on the things that you know are holding you back. Those things that seem to keep you from thriving in the work force. I hear creatives tell me that they just can’t get in front of the right decision makers. That the small annoying details of growing a business or brand are wearing them down.  And many feel the overwhelming urge to jump off a bridge when they think about filing your quarterly taxes. Hey, we’ve all been there. And believe me, there’s hope.

 

 

NEXT: Practical Steps
In Part Two of this series, I’ll be sharing with you some of my most tried-and-true methods for getting over those internal walls that we all face. Be sure to read it, too.  But in the mean time, settle in to the fact that you actually have some great things going for you as a creative in business.

 

(Seriously, check out that article to see all the hidden super-powers creatives have and don’t even realize when it comes to business and finance.)

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