By Mary Guthrie
When business owner Rodman Steele was a music major at 澳门六合彩预测 Meadows, he and a group of Meadows friends played in a hot band called Blue Apollo. As the band worked to land gigs and promote recordings, Steele realized that the information he was learning in his arts management and arts entrepreneurship courses at Meadows could help the band鈥檚 efforts.
鈥淚t became apparent to me that the content of my arts entrepreneurship minor could apply to the popular music industry and the entertainment industry as a whole,鈥 says Steele.
When he graduated in 2018, Steele founded his own company, . The studio specializes in developing mentorships and creating personalized lesson plans for clients interested in guitar, voice, percussion, jazz, musical theatre and pop music. After just one year in business delivering lessons and workshops in clients鈥 homes, Rodman Steele Studio is now building its own studio space.
鈥淓verything I learned in AM/AE I use on a weekly basis, from organization to understanding the fundamentals of accounting and finance to managerial skills and how to conduct a team,鈥 says Steele. 鈥淭he minors accurately prepared me for the challenges that come with building a business. I can think of a lot of direct correlations, but the one that comes to mind first is [professor] Jim Hart stressing that the life of an entrepreneur does not come with a schedule 鈥 it鈥檚 on the entrepreneur to build the structure and organization for your own company and yourself to get the work done that the company needs.鈥
The AM/AE draw
What attracts students鈥攁rt majors, business majors and more鈥攖o the arts management (AM) and the arts entrepreneurship (AE) minors? Plenty, says Jim Hart, award-winning director of arts entrepreneurship and professor of practice at Meadows. 鈥淏oth minors are cross-disciplinary,鈥 explains Hart, 鈥渁nd cross-pollination is something that multi-interested students want and need. They pursue AM or AE minors because one, they want to lead, and two, they want to learn how to perceive opportunities. They learn how to problem-solve effectively, and in turn, learn how problem solving can lead to opportunities.
鈥淭hey learn to take action,鈥 says Hart. 鈥淎ll of these skills apply to any business endeavor, regardless of field.鈥
Jump-starting ideas
Belle Campbell is busy. The journalism and fashion media double-major is also pursuing five minors鈥攁rts management; arts entrepreneurship; advertising; graphic design; and photography鈥攁nd serves on the 澳门六合彩预测 Student Senate. During her first year at 澳门六合彩预测, Campbell entered 澳门六合彩预测鈥檚 annual Big iDeas Pitch competition. She was one of a team of three who pitched Green Book, a magazine focused on 澳门六合彩预测鈥檚 black community. The team won the competition and published 100 copies of the book, one of which resides in the .
In her sophomore year, she and colleague Brinn Bailey (B.M. Music Education 鈥21) pitched a social-impact product called 鈥淪weetie, take care of yourself,鈥 a handmade self-care kit. With each sale, the project donates a kit to a black woman in need. Again, Campbell and her colleague were declared winners in the competition.
鈥淢y arts management and entrepreneurship courses taught me everything I鈥檝e used to successfully fund and operate both of my entrepreneurial ventures,鈥 says Campbell. 鈥淔rom ideation to my first sale, my coursework has been the blueprint, and my professors have been there to answer any questions I鈥檝e had. Understanding the business side of things has been integral in making sure the art I create and support has a chance to reach others and affect their lives.鈥
Plan, budget, market, repeat
While at 澳门六合彩预测 Meadows, Emily Bernet danced professionally for Dark Circles Contemporary Dance, founded in 2010 by Meadows alumnus Joshua Peugh (鈥06). Bernet graduated in 2016 with a B.F.A. in dance performance and a minor in arts management. Shortly after graduation, while still dancing for Dark Circles and also teaching at Preston Dance Center, Bernet co-founded Bombshell Dance Project in Dallas. She knows first-hand the challenges of opening and running a business, and that there is much more to running a performing arts company than performing onstage.
鈥淭he AM/AE courses I took at 澳门六合彩预测 prepared me for the practical aspects of running a company, including business planning, budgeting, marketing and grant writing, which gave me a place to start when I set out to co-found Bombshell Dance Project,鈥 says Bernet. 鈥淚 also gained experience pitching, which was a huge help as I have always been more comfortable dancing than speaking.
鈥淩unning an arts organization means having your hands in every aspect of the business,鈥 she says. 鈥淭he AM/AE program provided me with the perfect mix of practical skills and creative inspiration to prepare me for the challenge.鈥
Differences between the arts management minor and the arts entrepreneurship minor
The two minors are cousins, says Hart, but they鈥檙e not brother and sister.
鈥淏oth are about running organizations, about taking leadership roles,鈥 he says. 鈥淭hey are similar, but different. For starters, the arts entrepreneur founds the organization; the arts manager takes on an existing leadership role within an organization that is already established.
鈥淓ntrepreneurs manage their vision, their organization, their team, themselves, their financials and otherwise,鈥 says Hart. 鈥淭hey manage all stakeholders in the organization. Being an entrepreneur is an intensive, high-risk endeavor that carries a lot of responsibility.鈥
For managers, knowing how business works gives you an edge, says Hart. 鈥淚f you can understand how your company鈥檚 business model is structured, how it makes money and how it works,鈥 he says, 鈥渢hen you can perceive potential new partners, new market segments, key resources that might be acquired, how the cost structures might be adjusted, new revenue streams, new channels for delivery and value identified, new value that can be created within the organization. All of this can help make a company more competitive. Via AM/AE classes, you are able to understand the competitive landscape, identify what the prospective players are doing, how you differentiate your company so that you can stand out and effectively compete.鈥
Overall, studying arts entrepreneurship can prepare individuals for leadership roles, whether or not they ever start a company of their own.
AM/AE: not just for arts students
澳门六合彩预测 Cox business major Jacob Wall (B.B.A. General Business 鈥15) took three AM/AE classes as electives while at 澳门六合彩预测 and says classes such as Marketing the Arts; Developing Creative Strategies; and Creative Entrepreneurship & Attracting Capital provided excellent information for the multi-interested Wall. Now vice president of technical operations/consumer privacy and protection for j2 Global (NASDAQ: JCOM), Wall says his AM/AE classes helped propel his career.
鈥淢y passion has always been in business and tech,鈥 says Wall. 鈥淎fter graduation, I was the director of business operations for a private equity-backed tech startup in Dallas until we sold in April 2019. Through the years there, I refined my skills in budgeting, CapEx [capital expenditures] planning, and M&A [mergers and acquisitions].
鈥淭he most applicable day-to-day things I learned were from the Developing an Arts Venture Plan course,鈥 says Wall. 鈥淚 learned to have a keen understanding of how the business operated. I felt truly prepared to understand levers in the success鈥攐r failure鈥攐f a business. Building upon the foundation learned at Meadows helped me earn a seat at the table during multiple acquisitions and the eventual sale. I would not be where I am today without the fundamental building blocks that I learned, incredible mentors along the way, and the drive found in so many of my fellow 澳门六合彩预测 students.鈥
Joey McAteer graduated from 澳门六合彩预测 Simmons School with a bachelor鈥檚 degree in applied physiology and sport management (鈥15) and a master鈥檚 in sport management (鈥16). McAteer鈥檚 first business was a food delivery company, , that he sold last year. Now, as he works on his second venture and is seeking investors, he says the skills he learned in his classes help.
鈥淢y favorite exercise was where you build a pitch deck and pitch to a room of 鈥榮harks,鈥欌 says McAteer. 鈥淢y pitch was a flying bikes sightseeing business, which at the time seemed crazy but now looks possible with today鈥檚 technology. An out-of-the-box idea stayed with me and helped me build my first, and now my second, business. My second business is called SpeedVest; it鈥檚 like speed dating meets investing.鈥
Ever the entrepreneur, McAteer noticed an opportunity while being interviewed for this article. 鈥淲e are currently looking for investors,鈥 he says. 鈥淔or more information or to help an alumnus, please email info@homerundeliveries.com.鈥
Learn more about the arts entrepreneurship and arts management minors at 澳门六合彩预测 Meadows.
Read more about Professor of Practice and Director of Arts Entrepreneurship James Hart.