 Well hello and welcome to this short video. Today I'm talking about the difference between making money and making a living from your art. Two very very different things if you want to find out exactly how they differ keep watching. Well hello my name is Sophie and I help artists to set up and grow a successful profitable business doing what they love. If that's you then you're in the right place. This channel shares all things art business related we also do the mindset stuff as well so if you love all that make sure to subscribe to my channel and of course hit the bell to get notified every time I post a new video. So it's really easy to say I'm making sales I'm making money and it sounds really good right yeah I'm making money at this art thing well that's great and that's a brilliant start but there is a big difference between I'm making money and I'm making a living from my art so let's just take a look at how those really differ and how you want to make sure that you're doing that second one right. So obviously making money purely means that you're making sales now we don't know from a business perspective whether you're making more sales than you've got expenses going out and you are starting to make a profit or whether you're simply making sales but actually your expenses are still larger than the sales you're making you see where I'm going with this. So you can be making money and making sales but actually not even in profit yet you can still be running at a loss and like I say really making sales is great hallelujah we love that that's a really really good start right you want to be making sales you want to be making money but you also want to understand your business finances so that you know what point you're breaking even and then at what point you're going into profit this is really really important because this is miles away from making a living from your art well how does that look exactly that means that you are actually taking a salary big enough to have replaced your perhaps full-time job from the profits of your art business so now you're going huh okay I'm a little bit of a way away from doing that and that's okay it's all part of the journey right we're all on a path the art business success path that's something that we teach and actually sits underneath our membership completely it's everything that we talk about there are five different stages of building an art business and you need to be making sales to begin with but you need to understand those finances and really only in the latter stages are you actually taking enough money out of that business to make a living from and thus then building your dream art business in stage five where you can say wow I am now making a good living from my art now if that's something you'd like to find out more about you're saying well okay that's great I'm back here I'm making some sales I'm making some money but actually I am a long way off on my path from actually making a good living then I've got a few free resources for you number one the 10 things you need to be doing to make a living from your art that's a free guide below this video there's a direct link for where you can get that I'm also running a free masterclass the foolproof formula to pricing your artwork which you can also register for below this video I hope you've enjoyed today's little topic and I'll see you on the next video