Ways to Make Money in the Music Business
If you like music, you can start and operate a profitable music business - without even knowing how to play a musical instrument.
There are lots of career paths you can take, and you can find out more about these different options below.
Become a Music Publisher
Open a Music School
Start a Record Label
Sell Your Music Online
Become a Mobile DJ
Teach Music
Become a Music Promoter
How to Get a Record Label
Becoming a recording artist and getting record deals can be a very rewarding career - in addition to being exciting and fun. On the other hand, even if you are a great musician with awesome music, landing a record deal is an entirely different challenge.If you want to know the tricks of the recording artist trade, ask Kathy Baylor. How to Get Your Own Record Label
Mobile DJ Business
Thinking about becoming a professional disc jockey? If you enjoy music and nightlife, you can make great living without working lots of hours as a mobile dj.Ryan Fine has a new Mobile DJ course that shows entrepreneurs not only how to launch their mobile dj businesses, but what equipment you need and how to get it, low cost strategies for getting paying clients plus forms and sample contracts that you'll definitely need (this way you won't have to buy them elsewhere!)
I like this course, as it is an all-in-one solution directly from a successful entrepreneur who works in the field. If you have questions or an interest in the Mobile DJ field, it's worth checking out.
Music Business Plans and Resources
Business Plan for Starting a Music Publishing BusinessA music publisher (or music publishing company) makes contracts with songwriters or composers, who assign the copyright to the publishing company.
The company will then license the compositions and collects royalties when compositions are used - distributing them to the composers.
Business Plan for Starting a Music SchoolIf you are starting a music school, you can target young students, adults or both. The next step is to decide whether to teach certain instruments, music theory and/or vocal performance.
This can be very rewarding work, as you are doing something you enjoy and you are surrounded by others with a similar appreciation for music.
Business Plan for a Recording StudioWith the advancement in technology, it is not necessary for musicians to record their music in a high-priced recording studio.
You can use professional equipment in your own home and create a soundtrack without having to worry about the cost of renting a studio. Also see: article on starting your own recording studio
Also see: Music Promoter Business Plan, Music Teacher Business Plan, Night Club Business Plan
Where Musicians Can Sell Their Music Online
ReverbNation and Audiolife have created what many artists think is the "Ultimate E-commerce Platform" for professionals in the music business. It's called ReverbStore, and it's already a popular marketing tool for over 450,000 musicians.
Using ReverbStore, artists can design their own physical and digital products online (like CDs, ring tones and music downloads, and then sell them through the website. What's even better is that products can be offered without the requirement of producing tons of inventory - they are produced on-demand, and dropshipped directly to the customer when purchased.
Read more about this, and other ways you can benefit from the Musician's Online Store
Advertising Your Music Business
How to Find Customers for Your Music BusinessMiNeeds.com is a website where you can list your music services "for sale" and people looking for musicians, bands or DJs in your local area can find you, learn more about your business and contact you. It's an easy way to advertise your business, and it's free to list your business.
How to Get More Gigs
Bob Popyk is a professional musician. He also writes and speaks about marketing in the music industry. He shares specific ways you can increase your bookings - through creative and clever strategies. He shows how promotion and networking used together can help you quickly fill your calender with jobs that other musicians only dream of.
The American Disc Jockey Association includes national advertising and PR campaigns to it's members. If you are thinking about become a DJ, this association may be able to help you get some local clients.
Music Business Start Up Guides
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Sue Barrett has worked in the home business industry for 10 years. She has extensive and diverse experience in both online and offline home-based... more »
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