Are you not saving or are you spending your money in all the wrong ways?
An artist will generally reject the offer to receive money for self-expanding. Instead, they want to spend no money and become famous.
- This isn’t realistic.
- The hard reality is- it takes money to make money.
- It costs money to acquire marketing materials, airtime, lectures, or to engage the services of a teacher, a consultant or to employ the services of a PR specialist in order to get publicity.
- Music promotion and publicity are, for instance, are important assets to have in order to obtain additional gigs, as well as help you sell more music.
There is no question that the artist must make these investments if they want to be successful.
- When first beginning, the money used to make these investments come from outside financing. So start financial planning now in order to allocate the proper funding for needed services.
- Also, you don’t need tons of money per month to really see a difference.
- There are different types of growth strategies- such as slow growth.
- With a slow-growth method, you can start with a budget as low as $50 monthly, and increase that budget as you advance your career forward.
So how do you know how much money you need to set aside and what your proper growth strategy is?
By having an action plan- such as the one you would develop from completing our REWIND 3 Year Action Plan program.
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If you are interested in this program, please visit the website for further information, or email us at yourfriends@colorinsound.com
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