Music & Profits

In many cases, you won’t be able to complete business transactions if your business doesn’t have credit. Lenders will use a business’s credit history when figuring out whether or not to loan the business money. You’ll also need credit in order to get business insurance. In many instances, you won’t be able to buy goods and services for your business without access to credit.

Why can’t you use your personal credit for all of that? In some cases you can, but you really shouldn’t. The IRS has strict rules about mixing personal and business expenses. Using personal checks or a personal credit card makes your bookkeeping much tougher. Most people also believe your business looks a lot more professional when you pay for business expenses with dedicated business funds.

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In case you ever forget that it takes money to make money with your music, Courtney and Ron go over some general income and expense categories that may factor into your business/budgeting forecasts... now you know why music industry professionals say that it costs MORE to market and promote music than it does to record it!

Interview w/ Courtney Benjamin & Akinyemi Ayinoluwa- Music Attorney & Partner. Hightower Solicitors.

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In Artist Mill International Studios North Carolina cooking up. Seems like work never stops. Not concerned about the new Jordan’s, I’m concerned about the new 250 Ohm Closed Construction Studio Headphones.💪🏾 🎙️ 🎧 Excuse the background noise the studio was being renovated so there were lots of fans and machines on.

Ron D having a conversation with Wu-Tang DJ Iceman Robert Anderson about the music industry, Producers, Engineers and More!!!

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Spotify link-https://spoti.fi/2MKuKEd

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Courtney Benjamin and Ron D tackles the importance of tags for your music. Especially when submitting music for licensing tags are key. Just like SEO keywords will helps people and music supervisors find your music. So listen to a song and see how it makes you feel.

Today we will dive into METADATA step by step. This will help you not get your submissions to music supervisors or radio programmers deleted. Join our community Music & Profits- Part 1

Just as there are teams of business and social entrepreneurs who launch a startup together, there can also be teams of network entrepreneurs who work together to catalyze and sustain networks. A team can be stronger and more resilient than any single person, if they too are connected through a shared purpose and trust for impact.

Because of their legal complexity, music contracts can be quite hard to decipher. They come in different shapes and sizes, and will often vary depending on the label, and the status of the artist involved. Even so, many of their commercial terms are similar. They certainly require closer inspection as Courtney Benjamin and Ron D discusses Contracts DO's and Dont's.

Several musicians over the last months are still bringing in a stable income despite the effects of the pandemic. The common thread between them is that they have cultivated multiple sources of income. In fact, the average number of income sources is 4, and some reported as many as 8.

It’s common for musicians to have jobs outside of music. That is one way to diversify, but what about within music? And what new sources should you consider during this “shelter at home” period?

Some income sources you may not have considered include online teaching, creating a mini course, livestream concerts, pre-recorded concerts for fans, paid Fan Club, online merch sales and bundles, home studio work, blog writing (for pay), voiceover work, custom songs for fans and many more.