Musicians are notorious for being control freaks, which can be great when it’s your music, and terrible when it’s your business. Bottom line? Even if you’re a genius in every area of your career, you’ll not have enough time to get everything done. Here are 5 things you should take off your plate today:
Even if you’re really great at selling yourself, consider handing it off to a booking agent. Agents can be the “bad guys” and demand better pay/terms, without running the risk of looking like divas. Also, they’re not as emotionally attached as you are to the gig, which means they can probably be a bit more ruthless when negotiating.
If you can’t afford a booking agent, try working out a barter system. Agents will sometimes be willing to swap skills for up and coming artists that aren’t afraid to work hard.
While you can now record mostly at home, getting a producer that you trust will help push your album to the next level. If you can’t afford one, try using Kickstarter to raise some cash from your fan base. A good producer will usually be able to work within what you can raise, even if it’s a little on the low side.
3. Music Videos/Photos
Unless you’re an absolute wiz at all things film and photo, hiring a legit videographer to film your videos (including live shows) and get pro photography shots will go a long way toward advancing your image.
Who’s got time to work? I wrote a blog last week about how you can make income passively (or for very little time invested). Seriously, why wouldn’t you want to not work?
If you’re spending a lot of time trying to make the numbers work, it might be a good idea to get a financial advisor. A good advisor can help you get in the black (at least breaking even each month), set up a plan to save for what you want to do in the future, and give you advice on how to handle taxes. I was shocked at how inexpensive financial advisors can be (around $70 a month in Nashville).