Spot on ~ For both when things DO work out and things DON'T work out, I think it's important to look at every experience like a post-match review. Think of elite football teams and coaches, going back to the footage analysing the plays of each game, both the ones they win, and loose! Extracting lessons and strategy from every single experience, not leaving anything on the table!
Lack of starting capital is the main reason a lot of businesses fail, and music is no exception. People want to pretend the rules that apply to business don’t apply to music when it’s not the case. It takes a tremendous amount of capital and the ROI is usually horrible if there is any at all. Much better to invest elsewhere. Look at what it takes to start a brick and mortar business… that’s probably what you should have to start your music business as well…
Musicians have a hard time connecting “art” and “business.” I agree that every musician needs to think of themselves as an entrepreneur. You’ve got to be able to put on all the various business hats if you want to make a career out of any form of art.
@@progressionspod I would disagree. I think every musician needs to not think of themselves as a business, and completely remove themselves from the idea that they are going to make money with any original music. You can make money as a cover act if you get into the wedding and corporate event circuit. If a musician is thinking of themselves as an entrepreneur, they will invest in something other than music. It’s the logical conclusion, because the ROI is dismal.
Embrace failure, failure is just a step, also a required step, there are exactly 0 people who have never experienced failure. Me a dnd nerd, sometimes you roll a nat 20, sometimes a nat 1. Hell every art requires iteration, first draft, continue, see what happens...that is all progress in life from all walks of life.
For my career it was actually rapid technological changes and software bugs that killed my career, which won't happen again in the future because at that time the tech was new and now the tech is debugged and we're not rapidly changing to acceptable, we're way pas acceptable now.
Spot on ~ For both when things DO work out and things DON'T work out, I think it's important to look at every experience like a post-match review.
Think of elite football teams and coaches, going back to the footage analysing the plays of each game, both the ones they win, and loose!
Extracting lessons and strategy from every single experience, not leaving anything on the table!
Couldn’t agree more. I think people are more likely to deep dive on their failures and actually forget to do the same on their wins.
Lack of starting capital is the main reason a lot of businesses fail, and music is no exception.
People want to pretend the rules that apply to business don’t apply to music when it’s not the case.
It takes a tremendous amount of capital and the ROI is usually horrible if there is any at all. Much better to invest elsewhere.
Look at what it takes to start a brick and mortar business… that’s probably what you should have to start your music business as well…
Musicians have a hard time connecting “art” and “business.” I agree that every musician needs to think of themselves as an entrepreneur. You’ve got to be able to put on all the various business hats if you want to make a career out of any form of art.
@@progressionspod I would disagree. I think every musician needs to not think of themselves as a business, and completely remove themselves from the idea that they are going to make money with any original music. You can make money as a cover act if you get into the wedding and corporate event circuit.
If a musician is thinking of themselves as an entrepreneur, they will invest in something other than music. It’s the logical conclusion, because the ROI is dismal.
Embrace failure, failure is just a step, also a required step, there are exactly 0 people who have never experienced failure. Me a dnd nerd, sometimes you roll a nat 20, sometimes a nat 1. Hell every art requires iteration, first draft, continue, see what happens...that is all progress in life from all walks of life.
Truth. When we were kids we’d fall down learning to walk and get right back up to try again. We should carry that mindset with us forever.
Fact: 99% of sound engineers are failed musicians
I feel seen. 😂
0:18 ......throw yo hands up in the air!!! 🎵🎶
For my career it was actually rapid technological changes and software bugs that killed my career, which won't happen again in the future because at that time the tech was new and now the tech is debugged and we're not rapidly changing to acceptable, we're way pas acceptable now.