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Young Entrepreneur Forums » Business Start up phase » Startups » Oh no..it's another musician trying to make it big time..



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Old 06-17-2009, 11:23 PM   #1 (permalink)
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Oh no..it's another musician trying to make it big time..

Ever Since I first feel in love with music there hasn't been much a person could say to me to get me mad. Most of the time I never paid attention to them enough to get mad...the only thing that both ered me is when I would tell people I wanted to professionally make music and they would look at me like I was not 100000% serious about what I meant. I understand that to be a great musician you have to become a great business man. I want to start a production company but I really have very little if any business savy...Can anyone help me with tips to start my company up

I will say that I have the Professional Technology to produce and record music

I just need to know how to go about starting my business the right way..

Hope to hear from you guys soon on this topic (VERY SOON lol)
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Old 06-18-2009, 10:16 AM   #2 (permalink)
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Hello Stephon,

The firm I work for deals quite often with the Entertainment Inudstry. We can assist you with the start up of your production company as well as contracts and protecting your music.
We are based in New Jersey, however assist others all over the country and then some. We just helped one of our own locals here in town (Somerville) start his production company.
Check out our website found in my signature. Should you need any assistance, please feel free to call.

Good luck to you!

Lisa Snyder
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Old 06-18-2009, 06:32 PM   #3 (permalink)
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Thank you Ms.Snyder im checking out you website now.

Just a quick question if you don't mind..what should I be focused on in preparation on creating my business?
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Old 06-19-2009, 01:41 AM   #4 (permalink)
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Cash is King!

Focus on creating a cashflow. In music, that comes from listeners, in whatever form of revenue stream...performance ticket sales, albums, downloads, etc.


Truth is I have no experience in the music industry. I am entrepreneurial however and I have just finished university with a degree in business and engineering. I also write and want to make my own music, however I have no means to produce (that is, no equipment other than guitar...professional or otherwise). I'd be interested to help you get this started. In fact it would be a dream. Get it touch with me at zkharas @ gmail.com or leave yours
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Old 06-19-2009, 11:12 AM   #5 (permalink)
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The first thing you should think about is your business plan and a budget. Then work on your entity formation.
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Old 06-19-2009, 02:21 PM   #6 (permalink)
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Thank you guys again for all of your help,

Zkharas: I would like to say congratulations on completing your degree..all your hard work paid off. I sent you a email so you should have something in your inbox from me.

Lisa: Im actually going in a couple of hours to the University of maryland (College Park) with my girlfriend while she rents out a couple of books for her classes...Im going to check and see if they have any booking on the matter of creating a business plan..I think they should have some since there a "University" n' all. If not Border's here I come lol
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Old 06-22-2009, 11:14 AM   #7 (permalink)
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Great idea Stephon! You may also find something by googling creating a business plan.
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Old 06-28-2009, 06:55 PM   #8 (permalink)
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I have a good amount. Of knowlede in this field, I've done so much in the music so get at me if you have any question.
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Old 07-02-2009, 04:37 AM   #9 (permalink)
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i have no idea about this.. but i try to google them...

Music Production:

The best routes to take are to research the process of starting a business as well as the industry you're interested in.

I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.

Associations may be a good avenue to explore. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.

Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:

* The Art Of Music Production 3rd Edition by Richard James Burgess
* 101 Music Business Contracts by Platinum Millennium
* The Art of Producing by David Gibson

I also posted links to some free articles in the source box.

Trademarks:

To protect a business name within your industry, you would apply for a trademark.

Trademarks can be names of products or services, logos, slogans, packaging and even sounds and smells. In essence, a trademark can be almost anything that is used to identify a particular product or service. Registering a trademark grants the owner exclusive rights to the mark within the specified industry.

Of course, it's necessary to research the mark comprehensively prior to filing to ensure that there is no possibility of infringing upon another party.

This entails searching the pending & registered Federal and State trademark files as well as the US National Common-Law files. Then, if clear, you can decide if you would like to file for a Federal or a State trademark.

To register a trademark, that's done either through your Secretary of State for a State trademark or the US Patent & Trademark Office for a Federal trademark.

If you are only conducting business in one state, then a State trademark is most appropriate. If you conduct (OR are planning to conduct) business in at least 2 states OR between the US & any other country, you can file for a Federal trademark.

Hope that helps! I wish you much success & happiness in all your ventures!
Source(s):
Associations:
Production Music Association -- Production Music Association
AMP: Association of Music Producers -- Association of Music Producers

Articles:
EzineArticles Submission - Submit Your Best Quality Original Articles For Massive Exposure, Ezine Publishers Get 25 Free Article Reprints... – How I Started My Studio Business by Brandon Drury
EzineArticles Submission - Submit Your Best Quality Original Articles For Massive Exposure, Ezine Publishers Get 25 Free Article Reprints... – How to Use Your Computer as a Recording Studio by Hans Dekker
EzineArticles Submission - Submit Your Best Quality Original Articles For Massive Exposure, Ezine Publishers Get 25 Free Article Reprints... – So You Wanna Learn How to Start a Record Label by Dayne Herren

US Business Law / Taxes - By Category... -- Contacting your Secretary of State, a listing of links for all states
United States Patent and Trademark Office Home Page – United States Patent & Trademark Office
Trademarks -- USPTO's Main Trademark Page

source
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Old 08-28-2009, 09:55 AM   #10 (permalink)
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You have to look at it from the perspective of making incremental improvements that will eventually make your business a success. It takes hard work. Also, it's important to be remarkable. You need to be able to create word of mouth by having something that's different and that people talk about.

The most important thing is common sense. Good luck.
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