RECORD LABELS: An outdated business model that takes ownership and control away from the artist LABEL SERVICES: A music-first alternative that provides record label services without debt and loss of ownership LABEL AS A SERVICE: Eleven's business-first alternative that provides coaching, a marketable label brand, and label services without debt and loss of ownership TAKEAWAY: Which one is right for your growing music career? According to Exporation.io, record labels are companies that manufacture, distribute, and promote the recordings of affiliated musicians. Essentially, record labels work to sell the brand of the artist and the products they create. Seems [...]
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So far Eleven Music Career Center has created 41 blog entries.
Did you know that there are two ways for music creators to increase revenue? Reduce your expenses And/or increase your income Ideally, finding a way to do both will help to maximize your music career revenue. How to Make Money with Music: A Simple Income Exercise Here’s how you can get started identifying more revenue for your music career: STEP 1: First, audit your current income sources. Write down all the sources of income you have related to your music career. STEP 2: Next, write a list of all the main items you have to [...]
Time management. It's a skill we all struggle with and love to hate. There’s an old saying "there’s never enough time in the day." Do you agree? I certainly do. The thing is, there’s usually plenty of time in the day, you just have to have good or decent time management skills and manage it correctly, while ensuring that you do not burn out. Time Management: What does "manage it correctly" mean? Well, that depends. You have to define what’s correct for you. In terms of work, sometimes when you’re forced into high gear, that’s the best [...]
Did you know that if music creators develop their business skills they are more likely to succeed in music and be happy? As we share this month, the plans you have for your music career may not be achievable alone. Did you set a New Year's Resolution for your Music Career? Every year most people set their new year's resolution: I'm going to eat better I'm going to see the inside of a gym I want to read more books I want to change or improve my career But did you know that by February 1st most [...]
Did you know that if music creators develop their business skills they are more likely to succeed in music and be happy? As we share this month, as a music creator, love it or hate it, you are a music entrepreneur. As a Music Creator, you are a Music Entrepreneur In building your entrepreneurial career, it’s helpful to understand to whom you’re selling your products or services. Music creators are typically selling both products and services to various audiences. Your live music performance is a service that you are selling when you book shows at venues. Likewise, [...]
Did you know that if music creators take the time to think about their career planning on a regular basis they are more likely to succeed in music and be happy? Your music career deserves a fair amount of planning in order to be successful. How much time have you spent planning your career? If you’re like many of us, probably not enough. Career Planning & Self Assessment Self assessment is a large component of the planning process. The Myers-Briggs company offers a “Strong Interest Inventory” which is designed to help college students consider potential careers, but [...]
Music creators who develop their business skills and have a personal and business music mission statement defined are more likely to succeed in music and be happy. Changing the world with your music starts with defining the mission or cause you are leading. In Business, Most Mission Statements are TERRIBLE. For Bands, Music Mission Statements Don't Usually Exist. When you hear "mission statement", you probably think of a boring paragraph that big companies put out to "motivate" their team into staying productive and excited. They don't work because they are vague, uninteresting, and not memorable. Most musicians [...]
Did you know that if music creators develop their business skills they are more likely to succeed in music and be happy? This month's Amplifier, in partnership with Artist Republik, covers a bit of insight into the tracking, mixing and mastering process. What is song mastering, and why does it matter? During a song’s post-production phase, mastering acts as the final step in the process. The purpose of song mastering is to polish the audio, giving it a clean and cohesive feeling all around. This step is what makes the track sound flawless wherever it’s eventually played out, whether [...]
Did you know that if music creators develop their business skills they are more likely to succeed in music and be happy? But as we share in today's article, it's hard to engage in continuous learning to improve your music career, practice your instrument, collaborate with other musicians, or really do anything in music without your ears. Protect those musician ears of yours! Musician Ears that Go on Tour Need Protecting: Steve's Story I know you don’t want to hear it, but it’s vital that you protect one of your greatest assets. Imagine life with partial hearing [...]
Did you know that if music creators develop their business skills they are more likely to succeed in music and be happy? As we share in this article, being profitable and managing your cash flow keeps your music business fueled, healthy, and even more fun to pursue! Music and money CAN go hand-in-hand, and the only thing that's standing in the way of becoming a thriving artist is you! Music and Money: Lessons From Personal Finance Late in 2020, my wife and I rediscovered Dave Ramsey's "7 Baby Steps" and "Financial Peace University" systems. Both are simple [...]