Prezi French Bar talk from the crib Episode #5 - How to make money off music & consistency
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This episode of "Bar Talk from the Crib" is about making money in the music industry.
Here are the key takeaways:
Consistency is Key (3:08):
Regularly release music: Drop songs weekly or monthly to keep your audience engaged and boost your algorithm visibility. (5:17, 7:33)
Maintain a consistent style and quality: Don't chase trends, focus on building a recognizable brand. (10:18)
Proper Legal Setup is Crucial (5:21):
Distribution: Use a company like TuneCore to get your music on streaming platforms. (5:21)
Publishing: Secure your own publishing rights to maximize royalty earnings. (8:02)
BMI/Songtrust: Register your songs with performance rights organizations for mechanical royalties and other income streams. (8:18)
Other Important Factors:
Build a large music catalog: The more songs you have, the more passive income you can generate. (1:38, 4:09)
Self-Promote: Utilize social media, YouTube ads, and other marketing channels to reach a wider audience. (9:15, 10:00)
Believe in Yourself: Don't let naysayers discourage you, trust in your talent and abilities. (11:18)
Essentially, the video emphasizes the importance of dedication, hard work, and smart planning in building a successful music career. It encourages aspiring musicians to focus on consistency, secure their legal rights, and actively promote their work to achieve financial freedom.
8 episodes