Finances

Investing in Your Career - A Worthwhile Risk?

By Daniel Grant, courtesy of New York Foundation for the Arts

In order to succeed in your career some financial investment is usually necessary, and the career of the fine artist is no exception: art supplies are expensive, art schools can be astronomical, and finished works may have to be framed, crated, shipped, and insured. There are outlays for postcards, postage, portfolios, brochures, slides, and even perhaps a website. And then there's the question of vanity galleries.
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No More Starving Artists!

Poetry Magazine, the long-struggling publication, received a 100 million dollar bequest recently from pharmaceutical fortune heir Ruth Lilly. It’s stirred up a hornets nest in circles that frown on mixing art and money. But commentator and arts critic Ann Daly says it’s about time.

At a recent dinner party, my host, an engineer with a poetic soul, shook his head over Poetry Magazine’s good fortune. "Let's just hope," he said, ferrying plates off the table, "that they don't squander it."

Squander it? Whatever could he mean?

Investing in Your Career - A Worthwhile Risk?

In order to succeed in your career some financial investment is usually necessary, and the career of the fine artist is no exception: art supplies are expensive, art schools can be astronomical, and finished works may have to be framed, crated, shipped, and insured. There are outlays for postcards, postage, portfolios, brochures, slides, and even perhaps a website. And then there's the question of vanity galleries.

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