Category Archives: Finances
The Real Costs Of Being A Successful Musician Or Indie Artist
Everything has it’s price. Being a steadily-working musicians or artist is no exception. The trick is to be able to identify all of the prices you will need to pay in order to reach and stay at the professional level. Here are some things you’ll need to invest: Money – This is obvious, but do…
60 Days, 60 Backers….Kickstarter Confessions!
The following is a very candid blog by Indie Connect member, Alayna. I have reprinted it with her permission because I believe it speaks to the heart of what we as artists really think and feel. If you are considering a fan-funding campaign with Kickstarter, IndieGoGo or any of the dozens of other similar sights,…
Making Money As A Singer Or Musician Without Touring
© 2012 Vinny Ribas For many artists, touring is simply not an option. There are thousands of reasons for this, including other employment, not wanting to leave their families, health challenges etc. Whatever the reason, the good news is that it is still possible to make a decent income without going on the road. Here…
How An Indie Artist Can Get Better Tips
2011 Vinny Ribas Audiences tip you for various reasons. The most common are: •Playing a song they request Playing their ‘favorite song’ •Playing a little past closing time •Making them feel great If you play venues in which tipping is popular, here are some things you can do to increase your chances of getting tipped…
Understanding Basic Band Finances
© 2011 Vinny Ribas Pricing a product to put on the market correctly is a science. There are formulas to apply based on numerous factors. The retail price (what it sells for) and the wholesale price (how much the retailer pays) must be well thought out to ensure that everyone is making money. In a…
Funding Your Recording Projects Or Your Music Career
© 2010 Vinny Ribas As an independent musician, you may struggle with coming up with all of the money to produce your next recording project or event or launch your career properly. Here are some traditional as well as not-so-well-known ideas. Please note – I am not an attorney and nothing in this article is…
Raising Capital: Give Them A Chance To Say ‘No’
© 2015 Vinny Ribas Many independent, entrepreneurial musicians, artists and music professionals need to raise some form of capital to launch and grow their careers, start a record label, open their own studio, start a publishing company, launch a product invention etc… Some use fan-funding to acquire the funding they need. But many who do…
How To Use Your Music To Earn Money Beyond Selling Songs
© 2009 Russell Riendeau, PhD We all need to earn money, agreed? Here are some ideas related to our music world and income potentials. I’m a guitarist/vocalist/composer like most of you–although not as good for sure. I love to play and write, yet realize the chances of making enough money to buy a nice pup tent…
Improving and Managing Your Cash Flow
Members Only © 2009 Vinny Ribas Being an indie artist often means that you have both slow and busy seasons. Your online CD sales may come in bursts. If you have songwriting royalties, the timing and the amounts may vary dramatically. As a result, managing your money properly is vital to keep your bills paid…