50 revenue streams for musicians to inspire you to think more creatively about how you can earn a sustainable income. Are you receiving every dollar that you're able to earn? Resources: Future of Music's 45 Revenue Streams for Musicians Performing Rights Organizations: ASCAP BMI SESAC More ways to earn money: Sound Exchange royalties Film Musicians Secondary Money Fund Sound Recording Special Payments Fund SAG AFTRA YouTube Partner Program Patreon National Endowment for the Arts IRS 1023 EZ form (to apply for nonprofit status) Previous Episodes: Episode 3: How to Get Sponsorships (part 1) Episode 12: Crowdfunding Your Way to the Top Episode 13: Interview with Shanna Germain on Kickstarter Episode 22: How to Get Sponsorships (part 2) Episode 62: Interview with Scott Stratton of Finance for Musicians

50 revenue streams for musicians to inspire you to think more creatively about how you can earn a sustainable income. Are you receiving every dollar that you're able to earn? Resources: Future of Music's 45 Revenue Streams for Musicians Performing Rights Organizations: ASCAP BMI SESAC More ways to earn money: Sound Exchange royalties Film Musicians Secondary Money Fund Sound Recording Special Payments Fund SAG AFTRA YouTube Partner Program Patreon National Endowment for the Arts IRS 1023 EZ form (to apply for nonprofit status) Previous Episodes: Episode 3: How to Get Sponsorships (part 1) Episode 12: Crowdfunding Your Way to the Top Episode 13: Interview with Shanna Germain on Kickstarter Episode 22: How to Get Sponsorships (part 2) Episode 62: Interview with Scott Stratton of Finance for Musicians

To create a sustainable income, you have two parts: income and expenses. Today, we're going to focus on 5 big ideas for helping you manage expenses as a musician. Resources: Financial literacy quiz 5 Free Online Classes to Improve Your Financial Literacy Budget for Musicians (by Savvy Musician)

Today, we talk about 5 unexpected places that you probably haven't considered to expand your music's reach. Remember, it's about injecting as much creativity in your outreach efforts as you would your music!

It’s no secret that often in the world music, it’s more about “who you know” than what you know. The industry generally favors pre-existing relationships, whether you are looking for a venue, a sponsor, a review on your new album, or a slot at SXSW. Like it or not, networking can often make or break an act. So let's talk about two big ways you can expand who you know. Resources: Article:  The Difference Between Push & Pull Marketing Episode 8: SMARTER Goals Episode 60: Hacks for Using Linkedin for Your Music Business Strategy Favorite books on sales/networking: Jeffrey Gitomer - The Sales Bible Jeffrey Fox - How to Be CEO & How to Be a Marketing Superstar Dale Carnegie - How to Win Friends and Influence People

You can easily spend $100 on strings, picks, or sticks. You could even buy a cheap electric guitar. While many of those things are important, how can you create a long term investment for your music career? Today, we talk about 6 specific things you could invest in instead.

Resources:

Music Business Library (my recommendations for books you should read: Guerilla Guide to the Music Business (2nd edition) Welcome to the Music Business: You're F**ked! All You Need to Know About the Music Business (9th edition) What They'll Never Tell You About the Music Business: The Myths, the Secrets, the Lies (& a Few Truths) Six Figure Musician: How to Sell More Music... Music Marketing: Press, Promotion, Distribution, and Retail How to Get Sponsorships and Endorsements: Get Funding for Bands, Non-Profits, and more! Music Business Hacks

Merchandise you can pick up for cheap: Stickers from Sticker Guy!  Buttons from Busy Beaver Buttons

Stuff you can make merchandise with Inexpensive screen printing kit 1" Button Maker Kit

It's tax season, which means you should be thinking more about your finances as a musician. Today, we speak with Scott Stratton of Finance For Musicians and talk about some best practices for accounting, writing off expenses, what to expect with changes in the tax code, and how you can make more with your money.

Resources:

More about Scott/Finance for Musicians

Scott's book: Your Last Five Years Making the Transition from Work to Retirement

Book recommendation: The Elements of Investing

Best small purchase: The Instant Pot

It's tax season, which means you should be thinking more about your finances as a musician. Today, we speak with Scott Stratton of Finance For Musicians and talk about some best practices for accounting, writing off expenses, what to expect with changes in the tax code, and how you can make more with your money. Resources: More about Scott/Finance for Musicians Scott's book: Your Last Five Years Making the Transition from Work to Retirement Book recommendation: The Elements of Investing Best small purchase: The Instant Pot

Most musicians aren't leveraging Linkedin as a serious tool for hacking the music industry. Stand out from the crowd by learning how to make the most of this social media networking media channel. And if you'd like to connect with me, you can do so at www.linkedin.com/in/simonstam.

Our second month is over! For March, we covered a lot of big ideas, but I wanted to highlight some of the most important ones in building a sustainable music career: maximizing revenue from merchandise, hacking social media and digital marketing, and one favorite thing from each person interviewed this month. It's also my birthday so if you'd like to be extra nice, you can leave a review of this podcast! Episodes Referenced: On Merchandise: Episode 31: How to Get Better Pricing from Merch Suppliers Episode 39: 8 Tips to Help You Sell More Merchandise Episode 47: Email Marketing Hacks On Social Media/Digital Strategies: Episode 29: When Should You Boost a Post? Episode 47: Email Marketing Hacks  Episode 57: Social Media Listening Tools Every Musician Should Be Using Interviews: Episode 34: Gayle Skidmore Episode 41: Phillip Broussard  Episode 48: Dez Cadena of Black Flag/The Misfits Episode 55: Adam Gonsalves of Telegraph Audio