Successful business models in music

How do you make money in music? To understand how musicians make money, I turn to successful business models. My paternal grandfather made a living teaching English. Teaching music is one of several ways to earn a living in music.

Continue reading “Successful business models in music”

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Music: a hobby or a profession?

I complained that I have to make enough income to show that it’s not a hobby. So far, the expenses are way too high. How can we say we’re professional musicians when it costs more to do it than to sit at home and do nothing?

Another way to look at it is to consider these activities as investment. They are necessary to scope the market.

I had an interesting conversation with our painter this afternoon. He has a portfolio career of teaching karate, sociology, and painting. Presumably being a sociologist pays the most. Karate keeps him fit. And painting? Whenever there is a demand for it.

As I’m doing my taxes right now, I complained that I have to make enough income to show that it’s not a hobby. So far, the expenses are way too high.

View in La Coruna, Spain in May 2009
View in La Coruna, Spain in May 2009

Last year, we went to Seville, Madrid, La Coruna, Ferrol, London, Paris, and Crete, not counting Venice, Florence, Rome, Dusseldorf, and Helsinki where I went without Robert.

Robert worked on a flamenco guitar project in Seville. We gave concerts in Madrid, La Coruna, and Ferrol. We went to London to check and relet my house. We took the train to Paris for a long weekend of inspiration. We spent a week in Crete, in an artist residency which culminated in an exhibition and concert in Brugge earlier this year.

We got a grant from a Dutch foundation and airfare from a Spanish electricity company for a concert.

The airfare enabled us to give the one concert (on the way) which actually paid us cash.

Airfare, accommodation, and living expenses were paid for the week in Seville, but no other income.

How can we say we’re professional musicians when it costs more to do it than to sit at home and do nothing?

Another way to look at it is to consider these activities as investment. They are necessary to scope the market.

Our painter said that he would most definitely get paid more if he was on a university payroll. But he could not conform. He preferred to freelance as a sociologist and accept the uncertainties of cashflow.

We too have to accept this income uncertainty if we want to be flexible. [See future blog about uncertainty and flexibility.] If there were an orchestra or an outfit or a conservatory or an institution that would hire us and pay us to do what we normally do, we would probably get paid more than our expenses.

Does such an institution exist? Pay us to fly to Seville, Madrid, La Coruna, Ferrol, London, Paris, and Crete?