Ideas for Musicians – Advice for artists – split up the pie before you bake it.
Define who owns what, figure out how the split breaks out, who gets reimbursed for what when money comes in and how work is going to be shared before the song, project, job or whatever is completed.
When it comes down to some of the best ideas for musicians to follow, number one is deciding what is what and who gets what. Way too often, things are left very vague, loose and not defined. Then all the sudden when some kind of success happens, often times, things get ugly fast.
Some of the best advice for artists that anyone can give is to put it all down on paper and make sure that everyone is crystal clear on what happens if something good starts happening with a song, an album or project.
In music consulting sessions, I find myself as well as many other music consultants I know, explaining how crucial it is to make sure that those artists that are all concerned with making it in music, focus on making things clean, clear and concise on paper. It doesn’t take all that long to run through something while it is fresh and new, but if those parameters are not clarified, it can cost you a fortune down the line in court.
The rules of business state that you need to put it in writing. This goes for the creatives and the business of the arts as well. Define the terms, clarify the understanding and make sure everyone is on the same page. Life will be easier this way, when things start to get complex.
L
Loren Weisman is an accomplished music producer, author and music consultant. He is the author of “The Artist’s Guide to Success in the Music Business”, a book to help independent artists, musicians, bands, labels and managers achieve self sufficient and sustainable success. For more info on Loren and music consulting services, visit: http://www.lorenweisman.com
