Being an artist is great, however, the thing with being an artist is that there are no monthly payments, or fees that you are getting that can keep things going. Sure, when you do sell your art, you get paid handsomely, but the most important thing that you must know is that being an artist, and having a passive income is something that happens to be extremely important.
Passive income is not just great for artists, but for everyone regardless of the nature of the work, they are doing. Through this income, they are basically making sure that they have enough money stream coming in, and they do not have to worry about financials all that much.
So, as an artist, what can one do to have a passive income source? Well, that is what we are going to be looking at today.
Start Selling Instructional Videos
You are an artist, and selling your art is not the only thing you can do. As a matter of fact, you can even sell your skills at art. Whatever art you choose as your medium, being an artist looking for a passive income stream, you can start selling instructional videos. Believe it or not but there is a huge list of artists that are selling their instructional videos as lessons.
You can choose to sell them individually, or you can sell them as a bundle. Additionally, you can start conducting classes as well.
Start a YouTube Channel
There is a famous guitarist Andy James who has three albums released in his name as well. When he is not touring or doing another thing similar to that, he is recording and uploading instructional videos, or playthroughs of his compositions.
As an artist, I think this is one of the best ways to earn passive income. Make a YouTube channel, remain consistent, and make sure that you are uploading quality content.
You are an artist, and you can write. If you can, then you can start selling eBooks that contain the right type of instructions people could use to start painting or start creating music. You can sell these online for a good price. If you want to go the extra mile, you can even go ahead and get them published if you think there is a user base out there who will read your books.
Another great of having a passive income stream is by selling merchandise. You can take your artwork and start getting it printed on t-shirts, mugs, book covers, bookmarks, phone cases, and other similar items. However, if you wish to keep your proper artworks stored for different purposes, you can make artworks that are specifically for these purposes, and then sell them as a part of your merchandise, I know it sounds crazy but as someone who is trying to generate a passive income stream, this idea is going to work wonders for you.