BANZA May 2016 Issue | Page 58

AR TS & BUSINESS A Powerful Pair Maatla Kgasa Before breaking down the relationship between arts and businesses, it’s logical and perhaps fitting to note that art on its own is a business, generating huge profits. The comparison of arts and business yields one main lesson: entrepreneurs start by looking for a market or determining what the market needs then create a product customised and tailor made to the identified needs. On the other hand, artists take an entirely different and opposite direction. They start by creating a product (painting, drawing, film, song, etc.) and then look for a market to sell it. Such an approach deviates from the natural approach followed by businesses. Over the years, we have seen the evolution of businesses and the continual creation of mutual beneficial synergies or partnerships between artists and corporates to push brands and ultimately goods or services to consumers. | BANZA 58 | BANZA