There are several challenges for Freelance Artist and Inventors who qualify to be successful in creative fields. Initially it is difficult to make money. It takes time and effort to gain an audience or benefactors of an inventions. There are lofty ideas on how to achieve this goal, yet the goal is to make a penny on art, music, video, patent or invention. The next goal is to declare taxes in sales so the earnings of a penny protect intellectual property as an asset. The sales must relate to art or invention. The current standard for declaring business income of $400. This total can be an accumulation of over three years.
This does not sound challenging, yet it is. A person has to declare taxes in order to maintain the initial pennies to call an entity a business. Several small sales in diverse products, selling art or invention at a lower price than it costs to make and miscellaneous work for companies might be necessary to achieve the minimum requirement. It is a process that assists in improving a business idea.
It is possible to establish a creative career through employment to claim income. Protection of patents relies on working in a similar field of work to establish skills are valuable. There is a difference between Employees, Amateurs, Artists and Scientists. Since life is a cultural experience, only people who prove their ideas benefit society are considered Professional Artists or Scientists. This benefit to society is determined by people who paid for their ideas. The payment for use of intellectual property is what makes intellectual property an asset.
Establishing a career can be easy or difficult. Working as an Actress, on occasion, there are lower paid jobs available that do not assess tax deductions. It is declared as business income. After making one hundred or two hundred dollars it is easier to make money. Writers also deal with a difficult barrier to entry. Magazines pay a couple dollars for articles. In order to receive any payment a person establishes a reputation with magazines who try to establish a reputation. It may take a considerable amount of time before it is easy to make $400 in direct sales of art, writing or invention.
Ideally a person makes a plan to achieve this goal after establishing an ability to make money. This occurs after several amateur attempts to win a contest or establish a name through name recognition.
Name recognition has considerable value. It can make a considerable difference in whether income grows exponentially or maintains the same amount of success without potential growth.
Existing laws allow a person to register or copyright ideas to create a paper trail, if becoming successful in generating a profit. Public domain, cultural experience, open resource and amateur experience may or may not receive payment for ideas and other information that would be part of cultural experience is not a viable business.
Many people argue someone able to make money from ideas and should be paid for copyright. However, earnings determine performance. The concept is a large company can make money from any idea and the value of intellectual property is without value until proving otherwise.
Though this sounds wrong; it is actually a good idea to protect the sanctity of professionalism. It also assists in avoiding theft of ideas. There are several people who quote books without siting sources and someone could mistake someone's intellectual property as a cultural experience. They do not pay friends for a new catch phrase.
This has been an ongoing issue for many years. People's knowledge of registration and copyright law forces them to promote ideas and provide people with education so they can succeed. It is an effective plan. I appreciate services such as Google and Amazon who provide a platform for people to succeed. It is less restrictive than art or invention conventions. A person can establish themselves on Amazon by selling art, music or invention for far less than what it costs to make and it provides proof of sales.
Electronic systems also assist in making it easier for everyone to establish themselves as a professional. Currently trademarks cost $75 through the state tax division. Copyrights for compressed files are only $35. A business identification to declare taxes is free. A business license is only around $100 depending on state, city and county.
All of this legal proof is important to being able to establish credit as a professional, since the declaration of taxes determines if someone is adheres to standard business laws.
There is a concern over criminal activity and New Artists and Inventors. Someone might seek unestablished Artists and Inventors to gain money without giving credit to New Artists or Inventors. There are stories of people reading through patents to get knew ideas for their company. Some New Artists and Inventors establish themselves later and collect money.
A company also establishes contracts to establish value of ideas before an Artist or Scientist succeeds in making money; however, that would be the total sum of payment before proving value. Essentially, it is almost nicer to wait to assess value because the New Artist or Scientist will have greater earning potential. Everyone else who likes sharing ideas, singing karaoke on the internet and telling jokes to friends are able to just have fun.
There is an honor system to compensate people after making money; however, it might take years to make money. Potential for earnings is minimal when trying to make money while paying imaginary royalties. It is better to use the honor system. People have gone crazy with lawsuits and it becomes impossible to make any money.
The overall effect of the laws on Creative People pursuing a career has balance. The ability to separate yourself from a crowd, in the standard method of free market, has protection. The proof of value is through payment. The challenge is relatively low, yet challenging enough a person will become familiar with the law. Regular events like going to the bar or hanging out with a friend have protection. After making money people are fine with current laws. Opportunities should have additional protection from people who do not want Artists and Inventors to become successful. There is a natural consequence of new businesses offering opportunities to New Creatives People. There is equality in every stage of wealth because the market is open to Freelancers and Idea People.
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