The Mudcat Café TM
Thread #94260 Message #1822240
Posted By: SBBRadio
29-Aug-06 - 08:47 PM
Thread Name: BS: Making A Living???
Subject: BS: Making A Living???
Small Business Band Radio, Located @ www.SBBRadio.com, is starting off a series aimed at musicians turning there craft into a means of living through Workshops like these:
Business Model: Get Signed or DIY Monday, September 04, 2006 at 1:00 PM (Est.) The Business Model Differences between Selling your Music to and Getting Signed by a Record Label versus Keeping Ownership of Your Music as a Small Business Band. Did you know that 90 per cent of all albums released each year fail to break even; yet over 50 percent of all Small Businesses survive? 8 per cent royalty of failed to break even, or a 1000 per cent mark up on an album, which does the Band choose? For those who do not understand, you need to take this workshop.
Hobby Versus Business: Which is Your Band Tuesday, September 05, 2006 at 1:00 PM (Est.) Is your Band a Business? Is the Band only a Hobby? Only The Tax Man will make the final Decision. Most Bands fail because they are only Hobbies masquerading as businesses chasing the delusion of getting signed. What makes a Band a Business or a Hobby?
Basics of Starting a Business: Do You Have What It Takes? Wednesday, September 06, 2006 at 1:00 PM (Est.) Most Bands do not have what it takes to start and properly operate a Business. Learn what's needed
Understanding the Pieces of the Business. Thursday, September 07, 2006 at 1:00 PM What are the pieces of a Small Business Band? How do these pieces fit together? Who does what, when and how to operate the Business?
Who Owns what Pieces of the Business? Friday, September 08, 2006 at 1:00 PM (Est.) The traditional Major Label Business Model was simple: The Record Label owned the Copyrights and you owed the Advance. A Small Business Band will own the assets, including, but not limited to the Copyrights. What are the potential Assets, who owns which Asset and in what amounts or percentages?
This Is valuable stuff, and only the first week of many on ways to be finacially viable while making music. You have the ability to use music as income.