Many musicians want to make music a full-time gig, but many of them aren’t taking music seriously enough. More specifically, they’re not willing to invest their money back into their business to grow their music career properly. With so much market saturation in music, only focusing on free promotion tactics and looking for shortcuts or hacks is not enough to turn a hobby into a career for most artists.
To be fair, it’s not easy. It can even be overwhelming at times. The decline in record sales and the rise in streaming has made it more difficult for emerging musicians to earn a stable income off physical music. This is why it’s important for all musicians to know the various income sources that are available to you.
Even with consistent income, it takes smart investments in yourself to increase your chances of making it in this industry. In general, there are two things you can use to invest – time and money. Time will always be your most valuable asset, and what you have the most control over, so use it wisely. Read More