So you got yourself some free beats from soundcloud now what? do you have the ability to record a song? can you get
that song mixed and mastered? Do you have a marketing plan or a budget to execute one? If not then
you just wasted your time Too many artist are stuck in a lack of mentality where they feel since they
don't have the money to pay for services That they should either get them for free or avoid having
them all together this is the way if thinking that will Kill your career before you even start it takes
money to make money is such a prevelant truth in the music industry According to Wendy Day it cost
a minimum of $30,000 per month for six to twelve months to build a successful music career So if
you are not willing to invest the couple of hundred dollars it takes just to create a quality recording
you most Definitely wont spend what it cost to build your business.The shift you need to make in
your thinking is how can you get The money to pay for these services and start educating yourself on
how to effectively monetize your music then you wont Be so reluctant to spend the money because
you now know how to get it back in multiples for instance if you knew how to turn A hundred dollar
Facebook ad into $7000 in your pocket from streaming in 30 days would you still be worried about
the $30 for a beat or the $100 to run the ad? Probably not So focus on learning the business your in
and devoloping a good marketing Plan so that all the costs associated with making your passion a
sustainable business is a drop in the bucket compared To your profits.
keep grinding and growing
sontwisted
Having a budget is soooooo important to succeed as an artist in the music industry (along with great music and a strong work ethic). As someone who builds careers for and with artists in this industry, I'm not able to monetize an artist for less than $150,000 in marketing and promotions. Plus, I get paid for what I do so it's closer to a quarter million in investment (my clients all have investors)...so it's not really a monthly fee, it's an overall budget that you will spend as your career moves forward. It takes about 9 to 12 months to spend that before the money starts coming back in. Show money usually comes first and then streaming and sales money...
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