Building a Vast Music Network
This is one of the most prominent ways to make a living off of your beats is to build a vast music network. There are so many opportunities in the beat selling market it’s completely insane. For anybody not involved in licensing out beats for high prices, this is for you.
The fact is the possibilities are endless in this vast world of entertainment. Think about how every movie, commercial and song needs an instrumental. Independent artists to high quality movies with famous actors in them, everything needs beats and music.
So the best way to actually drive this fact home is to expand over several different areas of music money. This includes licensing music to commercials, movies and TV shows as well as licensing your beats online. Aside from this there is actually one more way to make money from music and it’s an important factor to your success… I’m talking about selling beats and recording, mixing and mastering services to local artists.
Just don’t turn into the guy who has a studio and has low life’s over all the time recording for free. Unless you really truly believe in their music, don’t bother wasting your time. The fact is the only reason you would ever do that is to actually make money off of the artists. So if there isn’t a clear project in mind, and all the beats aren’t custom and made without samples, then they’re pretty much useless to you.
An album can be a great way to make money, don’t get me wrong. But you have to get everybody on a contract allowing you to put their music out for licensing. If you’re not doing that then you’re wasting tons of possible income by ignoring this stream.
At the same time, your beats alone can also be licensed. High energy beats especially do well for commercials and such. There’s no such thing as selling out in the music industry, making beats for commercials is not something to be ashamed of. There’s great money in it and the monthly royalties are a lot higher than what most people receive licensing their beats.
But the local market is one big exception. You can make big bucks offline because there are clients willing to pay much higher for beats. In most cases this is because you can use your studio to your advantage. If your studio is nice, you can easily convince people you’re worth the money. Having a space for your studio is essential for this to work, and having a high quality studio is necessary.
You need to present yourself correctly, whether it be online or offline. You need a fantastic website and a proper studio to present yourself correctly to your audiences.