ON OUR WAY TO WEALTHY: It is pretty common knowledge that the music industry has morphed since the days of Motown. While the model has changed from just ten years ago, the number of artists eager to enter the business has not declined over time. New technology for producing beats allows almost anyone to make a record, thereby diluting and congesting the field. So the dedicated have to distinguish themselves from the pack. Do you ever wonder how some folks made it big in the business with "little" talent, while those that sing like Whitney Houston never make it? Do you have what it takes to make it in the business? Ask yourself a series of questions: Is this my passion? Can I make a living with music? Do I want this to be my business? If the answer is yes, then you have to approach this industry as a business.
Whether a win in the music business is signing to a major deal, signing to an independent label, or starting your own label, the foundation to accomplish either is the same. There are a number of factors that come into play. Passion, hustle, timing, relationships, money, and knowledge are a few of the factors that begin to separate the pack.
- Written by Carlee McCullough