How To Make 10 million Pounds From Art?

A reader asks:

I want to make 10 million pounds and I have just a few talents I can use: I am an artist, creating oil paintings; I speak several languages; and I am qualified Solicitor (but not within the UK); I have customer service experience. Help!

To make 10 million pounds you’ll need to create in excess 10 million pounds worth of value for your customers. So what can you do that will create over 10 million pounds worth of value for other people. Unfortunately no matter how good an artist you are, I doubt you can achieve this from oil paintings alone – especially in the current economic climate.

There are other businesses you can start related to art however. For example you could start an art gallery, though again this might prove hard in the current economic climate, but it would fit your interests and talents.

However coming back to making 10 million pounds from art, I suspect the best way to do that would be to set up some sort of art insurance / security business insuring or protecting particularly valuable pieces of art.

Just remember that to create 10 million pounds for yourself, you’re going to have to deliver at least ten million pounds worth of value to your customers – find a way to deliver that value and you’ll have your business idea.

Asking John: Do you have a business question you would like me to answer? If so you can Ask John or or you can ask on the forums where you’ll get both my input and that of your fellow entrepreneurs.

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