Stop Saying You’re a Starving Artist (Numbers Don’t Lie)

Stop Saying You’re a Starving Artist (Numbers Don’t Lie)

The idea of being a starving artist is a myth. It’s simply not true.

In fact, it’s MORE than a myth. It’s a harmful belief that diminishes so much of your value in so many ways. 

So that’s why it’s so important we break you free of this mindset on today’s episode.

Episode Highlights:

[02:11] How a Starving Artist Mentality Diminishes Your Value
[02:55] The Numbers Show You Are NOT a Starving Artist
[04:25] Average Salaries in the US
[05:32] What Salary Amount Is Considered “Starving”?
[06:18] Comparing Average Salaries to Ours
[08:05] The Additional Money We Make Beyond Just Our Salaries
[08:49] Why We Feel Like We’re “Starving”
[10:39] How to Not Feel “Starving”

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Why It Matters

Money touches everything in this world. Everything. Even air, even water. Anything you can name, money touches it in some way.

So if you have a starving artist mentality and you are feeling scarce about money, that bleeds into all areas of your life. You feel scarce about everything.

Now, maybe you don’t see it on the surface, but deep down inside you, it’s holding you back.

You’re sabotaging yourself, probably without even realizing it, by thinking you’re financially starving or lacking enough money.

But here’s the thing; the numbers show otherwise.

Numbers are factual.

2 + 2 = 4. No matter how you feel about it, or what lens you look through, or how you try to spin it, 2 + 2 = 4.

The numbers and laws of math are factual.

So if we look at the numbers, we can see factually that the idea of a starving artist is not true.

All we need to do is compare our salaries to the average US salaries, and you’ll see what I mean.

Average Salaries in the US

The average salary in 2021 was $51,480 according to the US Bureau of Labor.

However, even though that’s the average amount of money people learn, there are way fewer people in the country making millions and billions than there are making lower wages. So that really skews the numbers.

In reality, 73% of the country makes the average US salary or LOWER. Only 27% of the country makes more than the average salary.

So instead of looking at the average dollar amount, let’s look at the average person, meaning what 50% of the population makes.

50% of the US population makes $30,000 or lower. 

Do we say 50% of the population is starving? No.

So we can’t say that about us, either.

What Amount Is Starving?

While numbers are factual, what is not factual is how we classify what starving is.

What amount of money is that? Is it that $30,000 amount? Is it lower?

Or do we look at a percentage of people? Perhaps what the lowest 25% of the population makes?

It’s definitely subjective, and it’s also dependent on where you live because of the cost of living.

But I think we could agree on this:

If you’re making around $30,000, which is what half of the country makes, you can’t say you’re starving. 

And if you’re making around $51,480, you’re earning the same as the top 27% of our country.

You can now see why I’m saying the idea of the starving artist is simply not true.

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 Comparing Average Salaries to Ours

We’re going to look at jobs in our industry paying us between those two amounts—the $30,000 the average person earns and the $51,480 average salary.

Since we get paid weekly, let’s break those salaries down into weekly amounts. Those are about $577/week and $990 week.

Here are all the jobs that pay between $577 and $990 a week (or higher):

  • Broadway
  • Off-Broadway
  • Regional Theaters
  • Rockettes
  • Dance Companies
  • Opera Companies
  • Cruise Ships
  • Circus
  • Film
  • TV Episodes
  • TV Commercials
  • Corporate Industrials
  • Live Events

Plus, a job could include per diem or meals, and if it’s out of town, you could sublet your place, too (meaning you get to keep more of your salary).

So even jobs that pay you less than $577 in salary could still total that amount after the extra perks and savings.

Why We Feel Like We’re “Starving”

As you can see, it’s NOT the amount of money we earn. We’re right in step with the averages across our country.

It’s the inconsistency.

We don’t work every week of the year. Nor always at those average rates.

There’s a lot of fluctuation. But guess what?

It’s the same for every business.

Some months a business makes a lot of sales, and after all of the employees are paid, the business owner makes a profit.

But some months, the company doesn’t make a lot of sales, and after the employees are paid, there may be nothing left. Or they may even lose money.

But we don’t see business owners proclaiming to the world that they’re starving every time that happens.

They know that business day to day or month to month is inconsistent. They use a more zoomed out measure and look at the entire year.

If they’re breaking even year after year, or they’re even making more every year, they don’t despair on the days or even months where there’s not a lot of money coming in.

When you run a business, inconsistency is absolutely normal. It is just how it works.

You Are a Business

That means it’s absolutely normal for you to have inconsistent income.

So you wanna do the same thing as a business owner and focus more on your year to year results rather than day to day, week to week, or even month to month.

When you look at your average annual income, how does it compare to those $30,000 and $51,480 amounts we discussed above?

Now, I’m not saying you should settle for those amounts of money—you should absolutely shoot for the moon.

I’m just saying, compare yourself to those average amounts.

If we don’t say any of those people are starving, then you are not either.

The numbers don’t lie.

You can completely erase the starving artist mentality from your mindset.

Instead, embrace inconsistency as the norm.

It’s how our business, and every other business, works.

And when you understand that, and understand the system, you can then leverage the system.

You’re able to manage your money to get maximum results.

Freeing Your FinancesWe have an entire course called Freeing Your Finances inside Amplified Artists that teaches you how to do just that.

You want to get off the hamster wheel of having to continually work to make money, and instead start letting your existing money make you more money.

Yes, it’s basically free money!

And here’s the thing—the sooner you start earning that free money, the more free money you make.

So it’s really important you get rid of that starving artist mentality and fear around money. It’s just going to always hold you back.

I hope now, after looking at the numbers, you’re ready to ditch that starving artist mindset completely and start feeling a lot more peace, freedom, and even excitement about your money.

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All opinions expressed here are my own. I do not accept money for reviews or endorsements; however, if you purchase anything through a link on my blog, I may earn a small commission at no cost to you. I only recommend products and services I would/do use myself.

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