Business Music Plan

First Engage Mind Your Business: I believe that every man has the money mentality. As a matter of fact many people who are not academics are very good with money. At the same artist / band / musician has an innate ability to understand money, if you choose to deal with that part of the brain. Can I ask you to please continue with thoughts like, "I just do music for love." These are the main obstacles to thinking in a profitable manner. At the elementary level tend to think about what you spend and what they do. So if you spent £ 10,000 as an album and £ 5000 is to promote, then I must repay more than 15,000 EUR if I be in business profitably. These simple facts should expand your mind. Be careful to think about it profitable, so we do not end up like other artists who sell millions of albums, but end up in council housing and who are being cheated out of millions by managers and labels, because they chose to stay uneducated artist.

Second Write how you think: One of the major stumbling blocks for the musicians when it comes to writing a business plan is a feeling that they write a business plan for the corporate, business language. I think such thoughts are not only untrue, but it caused many people give up before you start writing. For starters, most business plans should be used to conduct business, and regardless of the manner in which he wrote an important question to ask is whether the people concerned to understand what is written in the plan. Furthermore, if you write a business plan in plain language, and you feel it should be much more formal with business jargons, then there are many services to help you put your plan in this context. However, all the main ideas should come from you!

Third Follow your own ideas: While it is important to read many people's access to the music business career or release, write a plan must be built with their own ideas. This means that while other people strategies and approaches may be involved, they should not be the dominant idea of ​​starting a business. What I am saying is that if the idea fits in with you or are you really sure you can achieve it, the idea should be held in the second. The reason for this is that what worked for someone else can be devastating for you. In other words, after the pay-what-you-like model implemented Radiohead can be disastrous for a small label whose fans can be loyal and tend to offer good prices.