Achieving a balance of all three areas can be considered successful, but achieving success in all three areas can often mean a lifetime of dedication.
Artistic Excellence - an artist may put all of their effort into their studio work, spending very little time exhibiting. This artist will have to find other ways to earn a living – taking different jobs to ensure a livelihood.
Artistic Recognition - many artists possess a deep desire to share their work with the world, after all, art is all about communication. To win an award or attract critical appraisal is far more important than anything else.
Revenue Stream - for entrepreneurial artists, the most natural thing to do is to focus on creating work that will appeal to an audience. These artists continuously research the marketplace to attract the attention of either the largest audience possible or by focusing in on niche markets ie. simply getting their work in front of potential buyers.
In order to become a Successful Artist, you have to determine what drives you! This will inevitably help you with decision-making, focus, artistic endeavour and how you go about capturing and making use of necessary resources - whilst you build clarity and momentum.
Your success will be underpinned by either Artistic Excellence, Artistic Recognition or Revenue Stream generation; a combination of any two or all three of these areas.