Music Business Stability

People who have been in the music business for at least 24 months know how unstable the music industry can be in terms of generating consist cash flow. Below is my response to a young man who was asking should he stay in school and pursue his degree or take a plunge in the music business full time. He like anyone reading this post was/is concerned about how stable the music business IS NOT.

First, congrats on being in school. It's always a great thing to explore your many gifts, talents and passions. Second, I'd suggest stretching your creative imagination as not to get caught in the world of "the underground." Secretly, I think most people want their craft appreciated by the most amount of people possible. After all if you could have a choice of 1,000 people downloading your music and 1,000 people paying to see you perform vs. 1,000,000 people downloading your music and 1,000,000 people seeing you perform while on tour which would you choose? More than likely the latter (1,000,000+).

The goal is to make the best music you can make, have a burning desire, practical written plan and back that plan with daily execution. Brand, market, promote and publicize your craft to your target client (fan/consumer) in an effort to get them to be a part of your movement. Invest the least amount of money without sacrificing quality or integrity and maximize profits without compromising your personal interest or harming others. Find as many ways as possible to make money online and off. "Think globally and act locally" -Chuck D.

Given that you the things mentioned above and that may be found in the Music Industry Connection Book Series you'll learn how to stabilize your own music business even while others are scrambling and trying to figure it out. TRUTH be told [young man] most people don't make the bulk of their money from the music business. It typically comes from other business ventures. The music industry is a sexy business which gives many people the platform to create other situations. You are on the right track.

ANSWER: Stability is within you! Now that's Industry Pimping. View music business videos.