039 Overcoming Incompetent Music Business Partners [PODCAST]
What’s good famo!
This podcast was promoted from an e-Book I read by Gian Fiero about being an entrepreneur in the music industry. He said,
“After consulting with countless ‘up-start’ independent record labels, my observation is that if the people who start record labels realize that they are in fact starting a business, they would take them more seriously and have greater success.
Below I have pin-pointed the most common problems that lead to the premature demise and consequent failure of most independent labels.”
1. Not understanding how the music industry operates
2. Lack of a business plan
3. Incompetent business partners
4. Inability to cultivate multiple streams of income
5. Lack of adequate financing to do business properly (i.e. marketing and promoting their artists/product) – Gian Fiero
There is much that I could say here. And some links that I forgot, that are in the podcast. So forgive me for that. Other then all these things, let’s learn how to overcome bad business partners in the music ministry and music business.
(47 Mins, 27 Secs | 54.7 MB)
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