Q&A: Your Money Matters

We hope you’ve enjoyed engaging with the Money Generator so far - which explores the question ‘I WANT to make MORE money and I know it starts with ME. HOW do I do that?’    
  
Thanks for your questions for creative development coach Lorraine Blackley. Read the questions and answers in the comment box below.

Lorraine works with creative people to support a shift in the perception they hold around money so they can make choices that allow more money flow into their lives.

“Having worked in the creative sector supporting artists, musicians and all variety of creative and enterprising individuals to develop sustainability and livelihood doing what they love, I notice there is a resoundingly central issue that crops up.  Money and the relationship one has to it.”

Comments

The Big Idea Editor's picture
The Big Idea Editor tbi editor
16 September 2010 - 13:16 PM

Thanks for your questions for creative development coach Lorraine Blackley about ways to increase money flow in your life. See the questions and answers below.

Andrina Eyles 20 September 2010 - 10:23 AM

Hi Lorraine, thanks for putting yourself out here to assist in our learnings.  One question, if energy in the form of money starts to flow, and it is all channeled into say a box-bank-piggy bank-sock without continuing to allow it to flow outwards will this have an undesirable outcome?

Many thanks for your precious time and input and all the interesting information.

lorraineb's picture
Lorraine Blackley 20 September 2010 - 22:40 PM

Thanks Andrina for your comments and question.  My view on this would be if you were saving your money out of fear of never having enough it would not contribute to the flow.  If you had a goal in mind and you were saving to reach that goal the intention you were holding and the sense of empowerment and achievement you would feel would keep the energy and flow going.  The final authority is doing what you do, observing what happens and seeing if you can adjust what you do in order to influence your money flow.  Good luck with your savings.

The Prussian Leadfarmer's picture
The Prussian Leadfarmer 23 September 2010 - 11:54 AM

Hi there, I have for as long as I've been creative on a (semi) professional level, struggled with the whole right/left brain thing. I had almost completely given up trying to bridge the two after many brick walls halting me to a stop. I seem to just shut down as soon as the "money" side is mentioned. But after reading what you said about the more I do it, the better at it I will become, it's made me look at it from a more positive point of view. Also in regards to increasing income streams, that too has got the cogs clicking over. So for that, thank you.

I do have one question, do you have any thoughts on placing value on one's creative output? Meaning, I could whip up a 15 second jingle in no time at all, only to go over it thinking "what a load of rubbish", "who would pay for that?". Then someone goes "wow that's really good". Leaving me completely confused as to how I value my output.

Cheers.

lorraineb's picture
Lorraine Blackley 23 September 2010 - 17:00 PM

Hi Prussian Leadfarmer,  Thanks for your comments which totally reflect the experiences so many creative personalities can have in relation to money, income streams and value.

To answer your question.  When you whip up a jingle in 15 seconds that is a gift you have and your unique ability to express something creatively.  That has value and you can charge for the value not the time it takes.  When you get into your thinking, in the form of "what a load of rubbish" that takes you into personal beliefs and societal conditioning.  For example if you grew up in a family that didn't understand or support your creative expression you will form fundamental beliefs that what you procuce is rubbish.  If you went through a school system that didn't value your creative expression or as a creative person you found it difficult to shine in the way things are done in education you would have developed a further undervaluing of yourself.  These beliefs and conditioning exist in you and come out as an inner critique when you produce your 15sec jingle.  These beliefs and conditioning do not tell you the truth about you and your ability.  They only tell you of beliefs and conditioning that has arisen in response to certain circumstances you have encountered in the past.

If someone goes, "wow that is really good".  Start believing them.  Check out what people charge for good jingles and put a similar price on yours.  If it is something of value to the other person they will pay for it.  When you start to value what you have created yourself, others will too.  My suggestion would be to stop supporting the old story of "It's rubbish" and start creating a new one of the value your jingle can add to a branding campaign or whatever market you choose to put them into.  This may feel strange to start with but this is where you fake it till you make it and move that old conditioning right out of existence.  After a while you will start to feel more comfortable placing value on your creative expression.

We create our reality with the perception we hold.  So don't get confused.  Simply start choosing which reality you want to support.  Go for the one that acknowledges your jingle as good.

 

The Prussian Leadfarmer's picture
The Prussian Leadfarmer 23 September 2010 - 17:48 PM

Awesome, that's great advice. Other than my parents, growing up in NZ was a lot like "music?? forget about that boy, pick up a rugby ball" and so on... Its only been a recent shift in public perception that we do have more to offer than chasing an inflated piece of dead cow around a field. 

Im keen to keep following this QnA, to see what obstacles other creative's have, and maybe even follow up's as a result of your advice. Great reading here, thanks!!

lorraineb's picture
Lorraine Blackley 24 September 2010 - 19:23 PM

Good to stay linked in around these sorts of issues and talk with other artists.  Going it alone doesn't work.

Creative Tairawhiti 24 September 2010 - 11:29 AM

I, like many artists I deal with, have some discomfort around receiving money. Allowing it to flow in. Talking about it is difficult, especially with clients. Asking what I'm worth is equally difficult. As is selling myself to others...

lorraineb's picture
Lorraine Blackley 24 September 2010 - 20:56 PM

Thanks for your comments Creative Tairawhiti. 

The primary interest of a lot of Artists in business is not to make money and agreed it is not something a lot of creatives naturally feel comfortable with.  However everyone does need to live and the money system is what we have at present as a form of exchange.  As you will have read in the articles and exercises it is the beliefs and conditioning we have on board that gets triggered when we have to discuss money and ask for payment.  This is what is causing the uncomfortable thoughts and feelings.

When I started out in business I had all the same kinds of discomforts around money that you mention.  What I did to move past it all was to acknowledge the discomfort to myself.  Then I would remind myself of the kinds of beliefs I had that were feeding my lack of confidence.  I would then look at what it took me to produce my work or deliver my service.  I had also worked out how much I needed to generate to live every week and how much I wanted to be earning per year.  Then I would remind myself how it was perfectly okay to earn the money I needed to live and in fact to recieve a decent amount of money in exchange for the value that my work provided for others.  

Then I would send the quote or state the price.  I practised stating my price and recieving money comfortably.  The more I did it the more comfortable I got.  We all have a right to feel comfortable to give and recieve money.  Remember money is a neutral form of exchange even if we disagree with a lot of the corruption we witness in relation to money and resources.       

Dawn Tuffery 24 September 2010 - 11:38 AM

Hi Lorraine, thanks for the articles so far.

I like the ideas of flow/gratitude and multiple income streams, and already have those operating to a degree. There are a variety of existing and potential options to create income around, which is great.

However, I'm interested in how artists make the shift from 'more work = more money' to something that's more prosperous without being more exhausting. Possibly that's an elusive sought-after state, but practical examples or suggestions would be great to hear.

cheers.

 

lorraineb's picture
Lorraine Blackley 24 September 2010 - 21:41 PM

Good question Dawn.  I am certainly one for making a stand that what you are after is not an elusive sought after state but rather a reality.  We have to realise that we live in a work more, earn more kind of society and after buying into that game for most of my working life I too am beginning to question if there is not a way to have greater prosperity with less exhaustion.  A few years back I started to explore the principle of creating vacuum in one's life as a means to attract greater prosperity and abundance.  I have written an article on this subject called "Doing Less a Powerful Force For Change" and it can be found on my website.  Follow this link http://www.creativeadventures.org/index.php?r=9&pt=standard and have a read.

I found the approach so successful that I am presently launching another vacuum creating campaign in my life by selling my house and all my possessions in order to create more ease, greater prosperity and find my next adventure.  The prosperity I am looking for is not the money I will realise from the house sale.  One can't know "how"  what you want will show up when you take this approach.  It does require faith, however it is a natural law that nature won't allow a vacuum.  Which means if you hold a strong intention of what you want the vacuum you create will attract just that. 

I am not sure if this is the practical example you were looking for and I know it challenges all our conditioned ways of viewing the matter but it is the most effective and personally honest answer I can come up with.  You don't have to be as radical as me.  Have a read of the article and give it a bit of a go. 

lorraineb's picture
Lorraine Blackley 24 September 2010 - 21:44 PM

Thanks everyone for your comments.  I have really enjoyed coming up with answers and hope they have been helpful to you.  Wishing you all prosperity and lots of money flow.

Lorraine

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