Now, this is fucking Gold Mine. A well laid out business strategy, that will just make sense to any investor. If I were an investor, I would definitely invest in an artist who can give me numbers and P/L statements. Thank you so much for sharing this.
I agree about the product being great for people to care, with the acception of big name artists who can get spins just for being big record label artists. just because they have clout.
The fees from forming LLC’s, insurance, acquiring a business location, phone number and keep depositing into a business bank account is stressful when you are unable to focus on music full time
@@MusicMoneyMakeover it is when you’re paying with personal funds to keep things active all those things come with monthly expenses pub & royalties pop up when they feel like it with limited data to support earnings I’m trying to open a recording studio cuz I can’t qualify for anything with bad personal credit and not making at least 3k a month business revenue
No offense, but this is the music business, and you gotta hustle. If you keep making excuses for why you can't, then you won't... Dude just laid out the whole game for you, and half the stuff you're complaining about is not even necessary for you to get started. So, be encouraged, and find a way to get it done. ✌🏾
@@BandedFuture true definition of an excuses is complaining about something that you can change he is saying based on the amount of time on working ratio load he already have it won't be possible which would be a fact not excuses just because we have the extra time he may not that why we have poor people around the world unless someone help get a head start it will always be uphill battle rather its from coming from poor family or having disorders like me i have multiple disabilities does that mean i don't deserve alternative opportunity no cause i didn't ask for my situation same as the other person above we have keep mind set have nothing nice to say not to say anything at all
got to be honest, i am a little confused. i bought the course astartnd set up everything. My confusion comes with starting the llcs. In addition to starting the record label llc, do i need to start a separate LLC for merch, then one for touring, and how?
Believe it or not, if said artist would take a course in bookkeeping, the knowledge you get will help cover so many areas of "business" that transcends all types of businesses including music/entertainment. The bookkeeping processes are basically the same. The majority of music artists have no idea about how bookkeeping (accounting) works. Bookkeeping (accounting) is about profit, losses & keeping track of both throughout the life of any business you may have. Concerning getting investors or lines of credit: Investors and creditors just want to know how much you've earned. Based on your earnings is what "lenders" & "investors" are willing to grant you. I'm speaking from experience, as I've studied bookkeeping & worked as a bookkeeper for a large corporation. I'm a professional musician as well involved in production, songwriting/composing & music publishing. A business credit card or personal credit card is so easy to get, it isn't even funny! Always keep your credit cards paid on time & see how fast your lines of credit will automatically be increased! "Invest in yourselves & stay indie until you become the big fish!"
![NEVER Say This To An Investor [9 Things]](http://i.ytimg.com/vi/9yZsTCoEzZk/mqdefault.jpg)
Now, this is fucking Gold Mine.
A well laid out business strategy, that will just make sense to any investor.
If I were an investor, I would definitely invest in an artist who can give me numbers and P/L statements.
Thank you so much for sharing this.
I agree about the product being great for people to care, with the acception of big name artists who can get spins just for being big record label artists. just because they have clout.
Thanks for all the good knowledge 🙏🏾
Any time
Man, bring back the hat! I love it! haha!
Keep up the hard work G
Appreciate your insight - B. Totty 🔥
GREAT INFO.
Glad it was helpful!
If your music gets put in a video game 🎮 or mobile app how much do you get paid and how often?
When its in the game and the game production company sent you a sync fee, it will be one time. Video games are much different than tv and film
The fees from forming LLC’s, insurance, acquiring a business location, phone number and keep depositing into a business bank account is stressful when you are unable to focus on music full time
Actaully its not that bad really. And its all part of the game.
@@MusicMoneyMakeover it is when you’re paying with personal funds to keep things active all those things come with monthly expenses pub & royalties pop up when they feel like it with limited data to support earnings I’m trying to open a recording studio cuz I can’t qualify for anything with bad personal credit and not making at least 3k a month business revenue
reach out to me i have a solution
No offense, but this is the music business, and you gotta hustle. If you keep making excuses for why you can't, then you won't... Dude just laid out the whole game for you, and half the stuff you're complaining about is not even necessary for you to get started. So, be encouraged, and find a way to get it done. ✌🏾
@@BandedFuture true definition of an excuses is complaining about something that you can change he is saying based on the amount of time on working ratio load he already have it won't be possible which would be a fact not excuses just because we have the extra time he may not that why we have poor people around the world unless someone help get a head start it will always be uphill battle rather its from coming from poor family or having disorders like me i have multiple disabilities does that mean i don't deserve alternative opportunity no cause i didn't ask for my situation same as the other person above we have keep mind set have nothing nice to say not to say anything at all
Appreciate you, everything you spoke on brought confirmation that I'm on the right path, word up!
Bro giving great advice if y’all paying attention
I'm tryna tell 'em
Great info! Who would you recommend for Print on Demand?
So helpful💯
Glad it was helpful!
got to be honest, i am a little confused. i bought the course astartnd set up everything. My confusion comes with starting the llcs. In addition to starting the record label llc, do i need to start a separate LLC for merch, then one for touring, and how?
Not yet. You'll notice in the course i never tell you to set all of those up. It's way too much to manage in the beginning.
if you have time i"d like to set you up for an interview with a few grassroots folks , reach out same name anywhere
Email me on my site www.musicmoneymakeover.com/contact
@@MusicMoneyMakeover cool
Great information as all ways 🎬🎬🎬
Holla at me if you need guidance
Believe it or not, if said artist would take a course in bookkeeping, the knowledge you get will help cover so many areas of "business" that transcends all types of businesses including music/entertainment. The bookkeeping processes are basically the same. The majority of music artists have no idea about how bookkeeping (accounting) works. Bookkeeping (accounting) is about profit, losses & keeping track of both throughout the life of any business you may have. Concerning getting investors or lines of credit: Investors and creditors just want to know how much you've earned. Based on your earnings is what "lenders" & "investors" are willing to grant you. I'm speaking from experience, as I've studied bookkeeping & worked as a bookkeeper for a large corporation. I'm a professional musician as well involved in production, songwriting/composing & music publishing. A business credit card or personal credit card is so easy to get, it isn't even funny! Always keep your credit cards paid on time & see how fast your lines of credit will automatically be increased! "Invest in yourselves & stay indie until you become the big fish!"
Spoken like a true G! Respect!
"Bend over a desk and open it up." 😂🤣😂
😂😂 da major label way
Literally
@@NateNittii The very reason so many great artists go indie!
😎⭐🔥📈🎶💰👌🏿
Thanks