As a musician, you can make money in more ways than you think. If you're an artist who's lost in how to use your skills, there are multiple ways to utilize these musical talents. Licensing your songs for TV, composing scores for films or video games, playing live & selling merchandise, and even collaborating with others who can give you that money making boost!
Royalties are a great thing! As a musician, your best friend's are "production music libraries" and the concept of licensing. This is signing away certain rights to your song in exchange for having your song featured in a commercial, movie, TV show, web series, and getting paid for it! It takes some time to study the ins & outs of the production music game, but once you understand contracts and what these libraries look for, you can essentially put your songs to work for you. Musicians can make $1,000-100,000 from this if you have a decent number of songs and are talented enough! This income is created by royalties (back-end & front-end) and occasionally being paid up front. Don't expect to make money for a while, but once you do, it's automated and all the work is really the setup process. Make it a goal to get a certain number of songs signed by a certain time to a certain number of libraries, and always organize your songs. Once you have achieved this goal, you can start diving into another money-making opportunity from your music.
Being a film composer is one of the most exciting things as a musician, as you are finally able to see your music instead of just hear it. Go to freelance job search sites and subscribe to job listings in the topic you want a job in. Creating music for a certain visual vibe gives you a great sense of accomplishment, along with an audience when it's screened!
Finding another artist who fits the need or void of your music can definitely increase your knowledge of music, but it can also allow you to create something you never could do with your own solo material. Even if you're introverted, look online for artists who just want to exchange files and learn how to do that. No matter what type of musician you are, collaborations are extremely healthy. Think of it this way: In life, you need love and somewhat of an in-person social life. This also applies the same way to your music. Get out there and network with real people at least 5-10% of the time. Over time increase this percentage, as it will get easier!
As an artist, you can collaborate with others or do your own thing completely. This is the freedom you have as a musician. Becoming an artist who is known by the masses or niche music indie markets is a dream for many. This is of course the toughest obstacle to overcome as a musician, because this is based solely on the fact that you must not only write amazing music that will translate to sales, but also because you must learn to market yourself and get your name out there as an artist. Over time, if are a great musician and a decent marketer, you will make digital & CD sales and create fans over time. "If you need help on marketing your music, I'd suggest this blog here."
If you're a producer who enjoys writing hip hop or rap beats, why not think about starting your own beat-selling business? You can create a beat store that sells instrumental beats automatically for you. Google "beat store" or "buy beats" and check out some beat sites, start taking notes, get a domain, create your website, and start marketing your beats! This gives you a ton of practice with marketing and business, so spend a few months setting all this up, learning more about selling beats, and optimize your website and social media to rank high in the search engines. This is done through SEO (search engine optimization). Go to Google keyword research tool and start searching terms that you think your target audience would type and start including these keywords in the right places.
Playing live is not only an extremely fun and invigorating experience, but also a huge money maker if you have a merchandise booth. Get the credit card app for your phone and hire someone to man the merchandise booth no matter where you play (pending venue promoters requests of course). If you have a budget, get awesome lights, some fog/dry ice, and create a really cool live atmosphere!
Sample and sound/loop packs are a great way to make a few extra bucks from your music! If you have a site, why not promote these sample packs as well through this website? If you don't know how to do this, you can learn anything through YouTube & Google, including this! This might not be the most profitable source of income, but as a musician it's about quantity of sources (with quality work within these sources).
Consistently brainstorm ideas for how you can get paid for being a musician. There are many more ways to do this, and all it takes is research and creativity. Think about another list of ways to make money from your music once you've tackled some of these! It's all about the musician with the most sources of income, because if you're a good instrumental musician, you can write good songs quickly, which translates into many songs, giving you ammo for your music income ventures!
The term starving artist is slowly being used less seriously and more as a joke lately, since making money as a musician is much easier than it used to be. Whether you license your songs, compose over video, collaborate with others, sell beats, play live, or sell sample/loop packs, you can find numerous ways to make money from music.
Royalties are a great thing! As a musician, your best friend's are "production music libraries" and the concept of licensing. This is signing away certain rights to your song in exchange for having your song featured in a commercial, movie, TV show, web series, and getting paid for it! It takes some time to study the ins & outs of the production music game, but once you understand contracts and what these libraries look for, you can essentially put your songs to work for you. Musicians can make $1,000-100,000 from this if you have a decent number of songs and are talented enough! This income is created by royalties (back-end & front-end) and occasionally being paid up front. Don't expect to make money for a while, but once you do, it's automated and all the work is really the setup process. Make it a goal to get a certain number of songs signed by a certain time to a certain number of libraries, and always organize your songs. Once you have achieved this goal, you can start diving into another money-making opportunity from your music.
Being a film composer is one of the most exciting things as a musician, as you are finally able to see your music instead of just hear it. Go to freelance job search sites and subscribe to job listings in the topic you want a job in. Creating music for a certain visual vibe gives you a great sense of accomplishment, along with an audience when it's screened!
Finding another artist who fits the need or void of your music can definitely increase your knowledge of music, but it can also allow you to create something you never could do with your own solo material. Even if you're introverted, look online for artists who just want to exchange files and learn how to do that. No matter what type of musician you are, collaborations are extremely healthy. Think of it this way: In life, you need love and somewhat of an in-person social life. This also applies the same way to your music. Get out there and network with real people at least 5-10% of the time. Over time increase this percentage, as it will get easier!
As an artist, you can collaborate with others or do your own thing completely. This is the freedom you have as a musician. Becoming an artist who is known by the masses or niche music indie markets is a dream for many. This is of course the toughest obstacle to overcome as a musician, because this is based solely on the fact that you must not only write amazing music that will translate to sales, but also because you must learn to market yourself and get your name out there as an artist. Over time, if are a great musician and a decent marketer, you will make digital & CD sales and create fans over time. "If you need help on marketing your music, I'd suggest this blog here."
If you're a producer who enjoys writing hip hop or rap beats, why not think about starting your own beat-selling business? You can create a beat store that sells instrumental beats automatically for you. Google "beat store" or "buy beats" and check out some beat sites, start taking notes, get a domain, create your website, and start marketing your beats! This gives you a ton of practice with marketing and business, so spend a few months setting all this up, learning more about selling beats, and optimize your website and social media to rank high in the search engines. This is done through SEO (search engine optimization). Go to Google keyword research tool and start searching terms that you think your target audience would type and start including these keywords in the right places.
Playing live is not only an extremely fun and invigorating experience, but also a huge money maker if you have a merchandise booth. Get the credit card app for your phone and hire someone to man the merchandise booth no matter where you play (pending venue promoters requests of course). If you have a budget, get awesome lights, some fog/dry ice, and create a really cool live atmosphere!
Sample and sound/loop packs are a great way to make a few extra bucks from your music! If you have a site, why not promote these sample packs as well through this website? If you don't know how to do this, you can learn anything through YouTube & Google, including this! This might not be the most profitable source of income, but as a musician it's about quantity of sources (with quality work within these sources).
Consistently brainstorm ideas for how you can get paid for being a musician. There are many more ways to do this, and all it takes is research and creativity. Think about another list of ways to make money from your music once you've tackled some of these! It's all about the musician with the most sources of income, because if you're a good instrumental musician, you can write good songs quickly, which translates into many songs, giving you ammo for your music income ventures!
The term starving artist is slowly being used less seriously and more as a joke lately, since making money as a musician is much easier than it used to be. Whether you license your songs, compose over video, collaborate with others, sell beats, play live, or sell sample/loop packs, you can find numerous ways to make money from music.
About the Author:
Learn more about how to make money from music through multiple sources of income & also check out an example of a freelance producer who specializes in making electronic dance music for multiple people, leading to multiple sources of income.
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