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My Biggest Music Business Pet Peeve!

06/27/2012

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Image by farconville
"Life is too precious, too important, too short for quick fixes that in the end fix nothing and from which we learn nothing except that we have wasted our time trying to find happiness in short cuts. The only way to real fulfilment is to look inside see what is there,  then look outside and see what difference we can make with what we have to offer - whether we knew we had it in us, or whether it was something we grew within us over the coldest, most seemingly dormant, or darkest times, in order to reap the richest harvest of all."

Jacquelene Close Moore



Do you want to be a part of the music business or are you just trying to be a celebrity? Because if you want to be a celebrity there are quicker ways to fame. My biggest source of frustration in this business are artists chasing a record deal. I have no time for this. Why? Because as suggested above this is simply a quick fix to a deeper issue based around the need for personal significance. My other source of frustration are unsigned artists who claim to want to choose the independent route but when this is actually a cover for chasing a record deal.

This has been spelt out many times but if you're still not clear on what this is check out the wiki here.

So why else do I find this frustrating? Because of the basic lack of understanding that a record deal is a type of investment where you work in partnership with the record label. Any business investment is usually characterised by the investee AKA the unsigned artist in this case demonstrating that they can make money. These days a label will not invest in you if you cannot demonstrate sales. In a time when revenues are in decline and the contract is a 360 deal a label simply cannot take a risk on a demo. You must show that you have a fanbase that buys stuff from you.

So stop trying to promote the hell out of your music for the sake of attracting a label and focus on contributing to the music business and creating revenue. You'll be better off for it and when a label does come courting you - you'll be in a stronger negotiating position because you will understand money and what it takes to make it.


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30 Ways to Make Money from Your Music - New Book Layout

05/10/2012

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What do you think? Getting there - just need to get the content laid out now!
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Final 3 slides.... 30 Ways To Make Money From Your Music

05/07/2012

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So it's done and off to the for design, layout and editing.... just waiting now! It might look very different when it comes back! Here are the final 3 slides. I have included a section on financial education in this little book which is over 100 pages now. 
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Update - 30 Ways To Make Money From Your Music - Contents So Far

04/19/2012

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Check it out...
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Come say "hi" on FB www.facebook.com/positivelymusic 
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30 Money Making Ideas For Independent Artists

04/13/2012

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Many months ago I did a little brainstorm of "30 ways to make money from your music" you can read the original post here. I have decided to create a mini course out of this and have been drafting it today. Hopefully I'll get it done asap!
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30 Ways Of Making Money From Your Music

09/14/2010

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I did a little brainstorm - it was a personal challenge to see if I could come up with 30 ideas of money making from music. Here are my 30 - try it for yourself - you might be surprised.....


1. Sell studio recordings all formats
2. Sell gig tickets
3. Sell merchandise
4. Sell shares in your band
5. Licensing
6.Commissioning music
7. Sponsorship
8. Ringtones
9. Paid gigs
10. Songwriting
11. Sale of bootlegs
12. Sale of sheet music
13. Adsense
14. You Tube video units
15. Amazon aStore/widgets
16. Affiliates e.g. Dolphin Music
17. Sessions
18. Fan club memberships
19. Website subscriptions
20. eBooks e.g. How to be a session singer?
21. Donations to record
22. Music Therapy
23. Music Teaching
24. Grants and funds
25. Banner advertising
26. Referral Schemes e.g Picasa, Adsense
27. Seminars and talks
28. Studio services
29. Lyrics
30. Paid Content Bundles
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