Have you ever taken inventory of all the skills and talents you possess?
Are you leveraging them to the degree you could be?
We as musicians aren’t just creatives anymore. We aren’t just business people either. We’re creative alchemists.
In this episode of The New Music Industry Podcast, you’ll learn what it means to be a creative alchemist.
Download the PDF Transcription
Podcast Highlights:
00:14 – The rise of creative alchemy
00:26 – The excessive focus on self
01:15 – How the artistic cycle is flawed
01:41 – Why we shouldn’t be anti-establishment
02:39 – What is creative alchemy?
03:04 – Thinking like a content creator
03:24 – The need for knowledge and information
03:42 – People already like you, so demonstrate your passion
04:10 – The daily deployment
04:44 – The importance of relationships
05:08 – Collaboration
05:55 – Creating a unique experience for your fans
06:16 – Knowledge alone isn’t power
06:44 – Thanks and leave a comment
Transcription:
Thanks for joining me. Today, I wanted to talk about the rise of creative alchemy. I’ve been an advocate and a supporter for the concept of music entrepreneurship for a long time now. But I’m beginning to see some flaws in what that means for people.
The main issue is how much time and effort we focus on self. We think about how much we know, how much work we’ve put in, the knowledge that we’re gaining, how many books we’ve read, how many podcasts we’ve listened to, what skills we have, what people we know.
It’s all about self, self, self. We forget that there are so many other pieces that make this whole thing work. It’s not just about us, it’s about the fans. And it’s also about the team that you build around you. Without that, you can’t call it entrepreneurship, it’s just solopreneurship.
I’ve talked to many entrepreneurs and some of them even say solopreneurship is not a real thing. That doesn’t even exist.
I think a better place to put our attention would be on building teams and collaboration and working with others in coming up with ideas together because that’s really where some of the best ideas come from – brainstorming with others and masterminding with others.
The Artistic Cycle
Recently, I’ve been talking more and more about why the artistic cycle is flawed. As it really doesn’t serve the fan, essentially what it is: First, we start writing our album. Then we record and publish our album. Then we promote and go on tour. Then we stop possibly even for several years before we start all over again.
But today, your fans really can’t wait that long, especially your most loyal fans. They want to see more from you. They want to be able to purchase more. I’ve even talked about the fact that they are willing to spend more money with you if you just give them the opportunity.
Anti-Establishment
There are some really interesting ideas out there about music entrepreneurship. Some people seem to be promoting this idea of anti-establishment. In other words, forget the labels, forget the marketing companies, forget whoever else might be willing or able to help you. Let’s just go out and do this on our own.
Don’t get me wrong, I also believe the best way to build your career is often to manage it and oversee it yourself rather than relying on somebody else to make it happen.
But I also haven’t been too quick to say let’s tear down the establishment. Why? Because that establishment could be leveraged.
Essentially what you’re doing, if you’re becoming a music entrepreneur is creating your own establishment. So, it doesn’t make any sense to be anti-establishment. Those two concepts are completely in conflict with each other.
What I believe we should do is connect with establishments just like our own and partner up with them and leverage those connections to further our careers.
We shouldn’t be working with anybody who’s going to be dishonest or disloyal, but at the same time,