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Developing a Music Business Plan: Tips for Pursuing a Career in Music

music business

So may musicians are intimidated by the thought of developing a music business plan. But by clarifying what you hope to achieve in the music industry, you can easily work backwards to create your plan. 

Thankfully, you're note on your own when it comes to creating your music business plan! I recently sat down with the brilliant music business coach Step Belcher to discuss a bunch of tips for pursuing a career in music.

This 45-minute interview (!!) is packed full of useful tips and tricks for musicians. From uncovering your intrinsic value as a musician to building automated systems to help sustain your career, this interview covers all the ins and outs of the business of music for beginner and intermediate level musician.

If you're looking for more ways to make money in the music business, check out this guide to the 9 Best Jobs for Musicians, with plenty of tips and tricks for starting an online musical side hustle (or two!)

What I love most about Steph though, is that she explains things so clearly! It's like music business for dummies!

What did you think? Do you have a better idea of how to start a music business now? If you've got any questions about starting a music business, please let me know in the comments below, or get in touch with Steph!

From a Frustrated Producer in a Ragtag Bedroom Studio to Major Placements on TV Earning $1,000s!

 

My name is Evan, and I've been making music since around 3rd grade. I'm from San Diego, California, but I've lived in Washington, DC for the last 20 years.

After 3 grueling years of grad school, though I had put aside serious attempts at making music. I found myself spending my days doing work that was dreadfully uncreative, with a ton of student student loan debt.
 
Which made me feel like my favorite parts of myself were withering.
 
But I didn't know what to do about it.
 
Being in my early 30s with tons of student loan debt, in a world where there is "no money in music," I felt like my youthful dreams of trying to "make it big" were dead. Like my music would remain unheard in my head and hard drive. 
 
Frustrated by my inability to get my music heard, I started researching solutions.
 
Instead, I wanted to find a way where I could focus on making the music and let someone else deal with promoting it. 
 
I realized the music licensing was the perfect opportunity for a solo artist like me to get my music heard, without having to do any promotion. I just need to focus on improving what I could control - my songwriting and my production skills.

While I still have a full-time day job, I have created systems that have allowed me to produce dozens of songs a year in my spare time.

My songs have been on Netflix, TV shows like the 90 Day Fiance, an award-winning indie film, and NPR’s “All Thing Considered.” They've also been streamed millions of times.

In addition to being a music producer, I am passionate about teaching people how they can make professional-sounding music and earn money licensing it, all in their spare time.

Thousands of musicians, like yourself, have trusted me to guide their musical journey. My YouTube videos have been watched nearly a million times. And my story has been in Forbes, Side Hustle Nation, and the Side Hustle School.

You Can Achieve Your Musical Dreams Too - Attend the Free Music Licensing Workshop!