If your main aim is to make money from your music career (or if you just want to make a bit of money from it on the side), the below guides will help. All are to do with making you more money from music, so have a read.
Many musicians say streaming royalties are a waste of time. Here’s what I think – streaming has the potential to be a good passive source of income. And, if you know anything about passive income, you know that it takes time to build. Even as you’re busy playing shows and marketing your music, you could…
Many guitar teachers started out teaching as a way to earn extra money while they gig or go to school. This is a totally legitimate reason to get into teaching guitar, and if you’re just looking to earn a little money on the side as a teacher, that’s fine! However, for many people, teaching guitar…
Consumers love it. Musicians hate it. What is it? Music streaming. Okay, to be fair, that’s a vast generalization. But you will find that most music fans enjoy music streaming because it’s convenient, and it’s either free or low-cost. Some artists, on the other hand, have expressed disdain for it because it pays very little….
Getting into music education is a wonderful way for musicians with a passion for learning, teaching, and technique to earn a good salary and have a comfortable life. The positions available to music educators is wide-ranging. From entry level instrument instruction, to salaried instruction at a university, to teaching music theory, music history, and more….
There are many ways to make money in the music industry. To date, I’ve made money from the music business in 21 different ways and counting (though I probably don’t represent the average artist since I’m into media creation and business). But where do most artists earn the bulk of their income? What are they…
Becoming a private music teacher is a very common way for musicians in all walks of life to make a living, or to simply make a little bit of extra money on the side. There are many benefits associated with teaching privately. You can make your own hours – often teachers will work as little…
Finding sponsors for your music event is both essential and challenging. It’s not easy to ask businesses or individuals to part with their hard-earned money – even if it is for a genuine advertising opportunity. But sponsors are essential in providing cash flow for an event that doesn’t make money until you start selling tickets….
Teaching music lessons via Skype, FaceTime, and Google Hangouts has become increasingly popular in the digital age. It’s convenient for student and teacher alike. Teachers can teach out of the comfort of their own home. They can control exactly how long the lessons last and they don’t need to spend time and resources getting to…
Musicians, like many entrepreneurs, are always looking for passive income streams. Passive income is income that you earn without actively working for it, often on a product that took work on the front end, but then earns money on the back end without your constant involvement. Many artists already have passive income, when you think…
Teaching music lessons is an awesome way to supplement or provide yourself with an income as a musician. Whether you’re teaching for the love of teaching, or teaching to supplement the income you make from gigging/pursuing an original project, there’s no question it’s a great way to make extra money. The market for guitar lessons…
You make great music. You play live. You connect with your fans using their preferred social media and digital channels. These are all good things to be doing, and you can achieve considerable success just by working hard and making a conscious effort to grow your fan base over time. But if you find making…
Today we’re going to look at how to make money as a rapper. As strange as it might sound, different rules can apply to different styles of music. For instance, where I live in Calgary, Alberta, country gigs tend to pay a lot more than rock gigs. I know this from personal experience, as well…
Product placement has been around for a long time, and it’s become increasingly common since the early 2000s. With the advent of social media influencers and this new way of communicating with fans, product placement has become more accessible to people with smaller audiences as well. There is definitely money to be made with placements,…
Not all musicians are great writers, but the two skills definitely relate to each other. Especially if you’re a natural lyricist – you’re almost certain to have developed some writing skills. Writing is a skill that is easily transferable to the non-musical world, and it can be a great way to make additional income. Freelance…
You’ve probably heard of BMI, ASCAP, SESAC, and if you’re in the UK or Canada PRS or SOCAN. You’ve probably had people tell you that you need to get yourself signed up with one of them. Many artists are confused about what it means to register with ASCAP or BMI and the differences between them. What…