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Paths to Turning Passion for Music into a Business
- Perform live
- Sell recordings of songs
- License music
- Teach lessons
- Provide services like production or songwriting
Key Steps in Building a Music Business
- Consider goals and talents
- Research the music industry and seek mentors
- Protect intellectual property
- Build an audience online and in your community
- Collaborate with other artists
- Keep practicing your craft while learning the business side
Selling Music to a Company
- Perform live
- Sell songs
- License music
- Teach
- Provide production services
- Research industry
- Protect intellectual property
- Build an audience
- Collaborate with artists
- Keep practicing and learning business
Leveraging Opportunities in Music Business
- Income streams: live shows, recorded music, licensing, teaching, production, songwriting
- Careful planning and execution for finance and sustainability
- Invest time in fans for sales
- Adapt to digital promotion
- Diversify income through multiple revenue streams
Steps to Sell Music to a Company
- Get identification codes and accounts
- Join a distribution network
- Research buyers and pitch appropriately
- Build a mailing list
- Sell downloads from website or platforms
- Utilize Content ID for YouTube earnings
- Sell beats
- Pitch to publishers and labels
- Showcase talent through professional portfolios