Financial literacy for musicians.

Year: 2018 Page 1 of 3

Contracts: Don’t play a note without one

Until the contract is signed, nothing is real.

Glenn Danzig

As intimidating as a contract sounds, it can be quite relieving and lead to healthier personal and business relationships. A simple way to lighten the mood is to use the word “agreement” instead of “contract.” This implies both parties are equal in negotiations and “agree” to the terms at hand.

Do you need insurance as a musician?

YES, YES, YES, YES, YES, YES and maybe…

Many studies over the decades have concluded that over 40% of musicians do not have health insurance. Many of my colleagues and clients are in the same boat. With that in mind, how many musicians do you think have home, liability, disability or life insurance?

Musician performing on stage.

10 powerful ways musicians can diversify their income

Multiple 👏 Streams 👏 Of 👏 Income 👏

Ever hear those magical words? Musicians, artists and freelancers alike, it’s time to step up your financial game! By diversifying your income, you can gain a sense of stability and control over your career. In the music industry, there are countless opportunities to earn money through both active and passive sources. Here’s a list of ten to get you started.

5 Ways to kickstart your music career

Music is spiritual. The music business is not.

So you made it through music school and you’re ready to start your career. Ambition and hope is at an all time high and then you remember in 6 months your student loan payments begin. Panic, frustration and fear set in… Wait. Let’s not go down that rabbit hole because it doesn’t do anyone any good and a positive mindset will carry you through the hard times.

This post will cover 5 ways to kickstart your music career. But first, you have to make a very important decision.

How to set your rate as a freelance musician

Freelance does NOT mean free…

So you’re a musician who’s ready to start working and live your lifelong dream. Let’s skip the finding work part for now and cut to the phone call from your friend or stranger: “Hey, my restaurant manager thought it would be snazzy to have a saxophone and accordion serenade our guests for 5 hours next week and I immediately thought of you.” (No mention of compensation.)

Now what?

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