What kind of income can a home-based art business realistically generate?

Artists are already generating $30,000 to $50,000 in single months selling their own work directly, keeping 100% of the profit with no middlemen taking commissions. One photographer is on track for a $50,000 month. Over 7-10 years of consistent effort, a $500,000-700,000 annual business is absolutely achievable as a solo operation with no employees and minimal overhead—all from home. For photographers and painters, the marginal cost of producing additional prints is essentially zero. This is profound: you’d be hard-pressed to find another home-based, one-person business that can generate multiple six figures annually with this business model. The average artist putting in consistent work can build something substantial.

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Asked by artist evaluating income potential · Answered by Patrick Shanahan and Nick Friend · art-marketing-podcast · 2020-06-27