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Showing posts with label investments. Show all posts
Showing posts with label investments. Show all posts

Monday, August 18, 2014

The Waiting Game – don’t Discount Its Importance!


Waiting is frustrating. It’s boring. When nothing seems to be happening, our nerves frazzle with despair, doubt, and fear that our dreams will never be fulfilled.

Patience is a virtue. We’ve heard that most of our lives. Americans are not patient people. We want satisfaction now! If we don’t get what we want right away, we often turn to something else. We become distracted and we lose our focus.

Many of us throw in the towel too soon, long before our goals can be fulfilled. There’s something to be said for not only hanging on, but for being willing to do whatever it takes, including waiting for that brass ring to appear. When it does, will we be ready to grab hold of it and soar or will we be off somewhere sulking in forgetfulness?



Opportunity disguises itself in many forms. Sometimes she comes in a whisper. At other times she is coy and secretive. She flirts with our senses and flutters on the peripheral edges of awareness. If we’re not careful, we may miss her altogether. Opportunity rarely hits us over the head. We must seize her before she gets away.

That’s where patience comes in. If success depends on “being in the right place at the right time” then we need to wait for her there and continue to prime our pump so-to-speak. We need to keep our skills sharpened and our drive intact. We need to be ready to pounce when a winning break presents itself.

Entrepreneurs will tell you of the heartache and time invested in getting a business off the ground. If you watch Shark Tank at 8 p.m. EST on CNBC you’ll get to witness some people’s hopes come crashing down and others go on to gain partners and investments.

"Does this Hat make me Look Fat?"  11 x 14 pencil drawing
The major factor in failure is sometimes presenting an idea or a business model too soon. Impatient to show their babies and proud of their early achievements, they inflate the potential of the business without any proven success. Even before a patent has been issued they’re parading their wares as if they’ve already succeeded. 

Patience, scouting the territory, knowing the competition and proving that your business model works signals that you are ready for success. There’s no other way. If you try to shortchange this process and think that there’s some magic shortcut to fame and fortune, you may end up missing the golden opportunity that awaits those who are prepared.
"Dregs of Winter" charcoal drawing available in print

Thursday, August 30, 2012

Don’t put all your eggs in one basket!

"Window on Pine Island" 16x20 wrap canvas; oil

 Years ago, a retirement adviser suggested I diversify my portfolio. “The secret to success,” he said, “is to avoid putting all your assets, all your eggs into one basket.”

He was right. It still didn’t stop me from losing money when the tech bubble burst; my mutual funds were heavily invested in technology. And it didn’t stop me from losing money when my AOL stock tanked. His advice did teach me a valuable lesson: Don’t put all your eggs in one basket. They just might break and you'll lose everything!

That philosophy works for artists, too. We must diversify our portfolios and adapt to market changes. A recent visit to some art galleries and consignment stores underscored the need to stay abreast of the changing tastes of a younger upscale market; one that is being pinched by the current economic climate.

I saw smaller artworks, smaller canvases, and artwork being applied to craft items: Magnets, plates, glasses, boxes were plentiful; and more jewelry is being made. Tourists who must fly back home are looking for gift items that will tuck easily into a suitcase. 

"Hey, Coconut Mon" 18x24 mixed media on canvas

Artists must adapt and make these “bread and butter” items in order to bring needed cash into their resource bank. Recycled items were numerous: Palm fronds elaborately painted with shiny enamel to look like fish, jewelry made with seeds and natural items, Paper Mache sculpture, etc. 

Online, I saw an Indonesian artist creating wonderful artwork on Styrofoam cups, probably for lack of money or supplies. Extraordinary skill and talent cannot be kept down, even by money.

I force myself to paint “pretty little things” when what I’d really like to paint is serious, controversial paintings with possible political overtones; but who buys that? Still, if we paint what we love, eventually someone else will love it, too; or so I’ve been told.

I don’t know about you, but when I get discouraged, I’m less creative. When I try to “make myself” create, I come up against a wall. When I stay positive and stay busy, I’m more likely to come up with more ideas than I can use. Don’t give up. Adapt, change and find new avenues for your artwork and your creativity.




Featured Artist:
Dorina Costras from Bacau, Romania. Exquisite, original drawings and paintings may be found on Facebook or at the RedBubble link below.


http://www.redbubble.com/people/doreen01/works/9139709-the-sun-the-moon-and-the-truth

PLUS Stan Propenko Part 3, Drawing of the Head, Sideview