While having a major financial backer (e.g. a label) behind you might sound like a great idea, there are MANY pitfalls involved here. Unless you are – literally – one in a million who not only gets the major label contract but also is successfully launched in a major way, your chances of living off your music are slim. But even then you usually don’t control your own publishing, creative decisions, distribution – not much of anything. And you share EVERYTHING you earn on a typical “360 deal” arrangement. Going for a record deal has become a case of “all or nothing”. You either score BIG – or you fail. If you score, it’s like winning a lottery. If you fail, you get to say “I was signed with…X”.
Have a look here now:
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Don’t plan your life around the expectation of winning a lottery…
Being signed to a major label certainly can have its advantages, but those advantages tend to concentrate around a fraction of one percent of all the artists signed to those labels, while all the rest struggle. Literally. And, as I said, to add insult to injury you’re not even in charge of your own creative output.
This is where the game-changing beauty of the Internet comes in. The last bastion of the free market – while it lasts.
The Internet – as you’ll see from the tips within this guide – can help you achieve a high level of success without losing any control over your work and incomes. And if, at some distant point in the future you decide to make a deal with a bigger company, you will hold all the cards and your negotiating position will be infinitely greater.
A significant percentage of independent artists who strive to reach a degree of success and incomes via web-based promotions actually succeed! Certainly many more than ever succeed while signed to major labels – if by success you mean “living off their music”. They work for it – and they reap what they sow.
And if you’re still dreaming about those ephemeral label deals, then it might comfort you to know that a number of Internet independents have been picked up by the majors and rocketed to superstardom – and this trend is now actually accelerating. Think of the likes of Justin Bieber or Jessie J – and scores more.
But that kind of success is really not what you need to be worrying about. It’s exceedingly rare overall and it’s debatable how desirable it actually is. This course assumes that you want your music to bring you the kind of financial security that is normally associated with a 9-to-5 – or better – but with complete freedom as a bonus!
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| Book 1 – Chapter 03 Why I Created This Course |
Course Overview | Book 1 – Chapter 05 Do You Need a Hit? |
Book 1: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, Overview
