Tag Archives: Financial
Why They Call It ‘Music Business’
© 2010 Vinny Ribas We’ve all heard the saying, ‘They call it music BUSINESS for a reason.’ Yet I often get asked what that really means. So, to illustrate the point, I am going to try to compare building your career as an independent musician to building a traditional type of brick and mortar business.…
Legal Ways To Make Extra Money While On The Road
© 2010 Vinny Ribas Quite often when you’re on the road you find yourself with off nights, fays free, long drives in between gigs. Here are some ideas to increase your income while on the road.
How Much Money Should I Spend On My CD?
© 2009 Vinny Ribas Any time that someone prepares to record a CD, chances are the first question that comes to their mind is “How much will it cost?” However, that is often not the right question to ask. Too many artists pay much more than they should for their recording project, not because the…
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…
Sample Indie Artist Income And Expense Flow Chart
Here is a simple flow chart that shows where the typical indie artist makes money and the expenses that need to be paid from that income. It’s a great way to see the big picture of what your buisness model should or will look like.
Are You Leaving Money On The Table?
© 2009 Vinny Ribas It may sound impressive to say you have thousands of friends on MySpace. Are you capitalizing on all of that traffic and finding ways to turn it into income? It is certainly great that you’re booked every weekend or every week. Are you making as much money as you could be?…
How Much Do I Charge For My Gigs?
© 2015 Vinny Ribas These are the handout notes from a 3 hr. workshop that I conduct. I think you’ll get the gist of what I talk about and explain from these notes. Your Base Price = Your total expenses + the profit you NEED to make + the added profit would LIKE to make…