Music is a Business.
Success Requires Treating it Like One.

Being a professional musician is entrepreneurship. The sooner you realize that you are the CEO of your band, the sooner you can start making real money, expensing your equipment and touring costs, and setting yourself up to keep control of your rights and music. This means actually setting up a business, having an operating agreement, and doing all the technical things like filing taxes and holding meetings that a business is required to do.

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Let's face it, the days of talent development are over for the vast majority of people. Yes, the industry still develops those with connections, but for the rest it's all about social medial numbers. Labels, agencies, and managers will not truly consider  you until you hit certain metrics on youtube, instagram, facebook, and tiktok. The interesting thing is that once you have a following big enough to interest them, you likely don't need the services a label provides because you can contract everything out yourselves. The road may be longer, but you have your rights and your creative freedom.

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The record and/or publishing deal has always been the dream of the aspiring musician, but that deal comes with a lot of debt, baggage, and unfavorable conditions if not negotiated correctly. Well-known artists have had to declare bankruptcy just because of how their contracts were structured.

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Check out TLC talking about being broke after winning two Grammys because of "contracts." Start at 4 minutes in:

 

 

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You need to treat your music like a business, and you need a knowledgeable advocate with you when negotiating with the sharks on music row. Buscher Law is here for just that purpose. Reach out today.