There are a number of financial documents a business should have to monitor finances and make informed financial decisions. One of those documents is the Profit and Loss Statement. In this post, we’ll cover the Profit and Loss Statement for musicians.
Category: General Business
The Musician’s Practical Guide for Dealing With Rejection
I once had a music reviewer say “please, no more acoustic music!” I’m an acoustic soul-singer/songwriter. That was a punch to the gut! The constant cycle of calling, emailing, pitching, inquiring and getting either no answer or a flat-out “no” is simply depressing. And please, let’s not even talk about some of our fellow musicians […]
7 Reasons to Start Your Own Music Label
For this post, we welcome Guest Contributor, Nick Sadler; author of “The Label Machine.” Nick has produced, remixed, and toured as the artist Mobscene and co-founded Never Say Die Records, and Disciple Recordings, two of the most successful independent record labels in the rise of the modern electronic music movement. For more information about Nick, […]
5 Tricks That Convert Visitors to Subscribers on Your Musician Website
The musician’s mailing list is his/her key to direct marketing to their fanbase. Without this valuable tool, musicians are missing out on having direct access to their fans. This means you’re having to rely on social media and other third-party platforms to reach your fans. Unfortunately, these platforms carry strict guidelines, algorithms, and actual censorship […]
Music Business Guide: 4 Critical Business Elements Every Musician Should Address
Doing music is about way more than just playing a few tunes and melodies. There are so many hats a musician has to wear to keep business moving in the right direction, it could make your head spin. Being in business for yourself creates its own set of challenges, but it’s incredibly rewarding if you […]
5 Ways Musicians Can Earn Money Online
Doing music is not the only way to earn money as a musician! I’m sure we all know that by now. The trick is finding the right options and investing the time to do it. However, earning money with music is not as easy as it sounds. You have to be knowledgeable about opportunities and […]
How to Boost Your Confidence as an Independent Musician
Being a creative professional takes a huge amount of vulnerability and humility. Being brave enough to share your inner creative dialogue in a public space is what sets us apart from a typical person. We don’t tend to fall in line with the “accepted narratives” of society. We tend to develop our own theories and […]
4 Platforms for Musicians to Book House Concerts
Some of my most memorable gigs are house concerts. I’ll never forget this one time I did a house concert in Baltimore, MD. When I first walked into the house, the guests were lounging around and as I walked up to them to say hello, they said we’re your biggest fans. I had never met […]
Read this Before Applying to Concerts in Your Home
I’ll start off by saying, you probably will get rejected. At the time of this writing, their own website says that only 30% of first-time applicants get accepted. In fact, if you’re contemplating applying, you should probably read this first. When I first started doing music, I came across Concerts in Your Home. It’s a […]
4 Easy Videos You Can Do to Promote Your Upcoming Music Release
Promoting an upcoming Single or EP can be a daunting task. As an independent musician, you’re naturally geared to creating art. However, handling the business side of being a musician may not be so second nature. Some of us may even have an aversion to marketing and promoting our music because it can feel icky. […]
3 Publicity Tips to Get More Traction for Your Music
Getting traction for your music is the quickest way to gain new fans and exposure. But without the right tactics, that’s easier said than done. There are certain steps independent artists should take to gain traction the right way that will help build a music career with longevity. In this article, guest contributor, Maria Herrera […]
