New Model for Artists Borrows From Business

By Finance New Mexico

By Finance New Mexico

Making a name in the art world used to mean the artist toiled in obscurity and poverty, dependent on galleries and patrons to exhibit and champion his work. This notion — that artistic creativity and business savvy occupy separate worlds — was reinforced by art schools that taught students how to make art but not how to market or sell it.

An emerging, 21st century approach is that art making is a business and the artist should be at the controls — the chief executive officer of her own production and distribution network. This model borrows many ideas from the business world.

Get serious about sales. Artists should tear down the contrived wall between the creative and the commercial, because distribution of artwork is just as important as production. Continue reading

Small Business Saturday Benefits Local Communities

Rich Williams

By Rich Williams, New Mexico MainStreet Director and Arts & Cultural Districts Program Coordinator

Maria-Alicia Cordova cares about her business and the community it serves. Besides offering manicures, haircuts and other personal-care services at Al’s Styling Salon in Belen, Cordova serves on the board of the Belen MainStreet Partnership — a community effort to improve the appearance and economic vitality of the city’s downtown.

Small Business Saturday — the Saturday after Thanksgiving — draws attention to the important role that Cordova and other independent merchants in New Mexico play in the local, state and national economy.

“Belen has always been good to my business,” Cordova said of the venture her father started 57 years ago. “My father raised our family on salon work.” Continue reading

Venture Acceleration Fund Helps Native-Owned Businesses

By Kathy Keith, Executive Director, Regional Development Corporation

By Kathy Keith, Executive Director, Regional Development Corporation

Native-owned businesses in Northern New Mexico are eligible for grants of up to $25,000 to spend on specialized services that will help them increase revenues and create jobs.

One business, Than Povi Gallery, was awarded a Native American Venture Acceleration Fund grant in February 2014 to develop a marketing plan and ad campaign for the business, which moved in 2013 from San Ildefonso Pueblo to a site north of Santa Fe on U.S. 84/285. That move was partially enabled by a NAVAF grant in 2013, co-owner Elmer Torres said, and resulted in “a lot more foot traffic.”

Torres and his wife, Deborah, both members of the pueblo, eventually hope to move their gallery to downtown Santa Fe so the many artists they represent Continue reading