4. If I were getting into retail
today then I'd stay away from
any industries that the
internet could take over
5. [LINK the verge]
How artificial intelligence simplifies music production for
solo artists
Having robots write music for you... for free
- Amper Music
- DeepMusic for Alexa
- AthTek DigiBand
- PopGun
[LINK vice article]
6. TOURS
Tiesto = $22 million; $250,000 per night
Skrillex = $15 million
Swedish House Mafia = $14 million
Highest grossing tours
[LINK]
Even smaller bands tend to do well:
100 seats at $15 = $1500 gross per night
7. Tours are expensive startups, along with lots of collateral
damage (car tires, stolen equipment, etc.)
When starting out, build up your client list or fan page in
the cheapest way possible.
Websites are free
Emails lists are free
Upload well and upload often
8. If AI is so easy and quick, then a great business model is
to simply pump out new tracks every few days. If you
work 9am-5pm then 5pm-9am is your time to hustle.
"During Christmas break every client always tells me that
they're shut down for 2 weeks. If you hear that then
that's your time to gain ground on your competitors."
- Gary Vaynerchuk
9. Always pay attention - read a lot
Best resources:
Billboard
Hypebot
Tubefilter
SonicScoop
Music Radar
Verge
10. 5 year disruptions:
- stock music (they're oversaturated, but this could
work if you have a fast turnaround time)
- writing music for media
- print licensing as a distributor
5 year "safe" zones
- music lessons
- live music
- music supervisors for original music with hit points
- arranging
- music librarians
- A&R
- print licensing as a publisher