Making Money with Music
Show Me What Money?
When I was a young teen Rocker back in the day I never thought about money or making much of it through music. Sure, my buddies and I considered being on huge stages and what it would mean to be famous, but the money wasn’t part of the quest. It was just assumed that end of the game would take care of itself. We didn’t think about transportation fuel costs, clothes or costumes. We only thought about having good amps, guitars and drums…sorry, no Tuba players were in the band!
Money At The Door
We did a lot of assuming back in those days and often there would be some trusted school mate who would as they say ” run the door “. The band would charge a cover, maybe a buck or two and the patrons would get some goofy looking stamp on their hands. Lots of times the dance club floors were packed but at the end of the night for some reason there was only about thirty-five dollars in the shoe-box. How could this be? Well ” we had to let so-and-so in because she was hot, this other guy had no money but had to impress his girlfriend , the drummer’s cousin “. And so it was that nothing ever got written down. The band was going in the hole with every gig we played. Still, we unpacked the gear in the studio and rehearsed again and again like nothing concerned us about the money, or the lack thereof.
Make some real money or get a real job!
While you’re still living at home and borrowing from your relatives, as an artist or musician sooner or later something will have to give. Dreams sometimes get interrupted by reality and one finds him or herself filling out application for either a job or financial assistance, and it ain’t pretty! Money is one of those things that sooner or later we have to come to grips with and we need to start earning it fast! Nothing like the news that a baby is coming soon to make some of us wake up!
The Band Is Breaking Up!
Jimmy quit, Jody got married….Hmmm, where did I hear that? Oh yeah, thank you Brian Adams! It’s true. So many really talented bands and groups break up because of financial problems but you know what? These bands had the best of intentions to get it together, write world-changing songs and be famous. They just didn’t have any money! They didn’t have a plan. Heck, they didn’t even have a dedicated spiral notebook and a marking pen to write down how many patrons came in the door at the gig! They just ” assumed ” that everything would be alright, but it wouldn’t be without a plan.
Now back in those days we didn’t have Internet or social networking or a WordPress blog, websites or anything. It was all done by meeting in person or talking on a telephone. There were record companies in Los Angeles and Nashville, That’s where the studios were and if you were going to get into the action you had to be there or New York City, maybe Toronto or London. That’s where the money was and you had to have a record deal. The mp3 and the iTunes hadn’t come about yet and it would be decades before they did. But when it happened, money came trickling in from all kinds of new and exciting streams. Oh yes there are many ways for musicians and bands to make money today. Some that we’ve never even thought of but it’s right here under our noses! In the next part of my story, we will delve into new ways that money is being made in the music industry and that virtually anyone, any young new band in the world can make tons of it!
Bruce J Maier / publisher www.damngoodtunes.com