Do you have an eye for talent? Are you sick of sitting back watching the talents fly on by, knowing that if you only knew how to start an independent record label that you would be the one raking in the cash? Well, you have come to the right place. I am going to reveal to you all the secrets that you want to know behind how to start a record label.
There is so much talent out there that the record labels can't pick up people fast enough. Really, if you think about it, all it really takes is that one incredible band that fans just flock to like sheep to their Sheppard. Their CDs will sell like crazy and you, little old you will be the one making all that incredibly sick profit. Why shouldn't it be you, after all? Why should it always be someone else? All you need to know is how to start and run your own record label; it is as simple as that.
So, what? What is it that you need to do? Well, let's start from the beginning. You are definitely going to need some dough of your own. There are a couple of ways to get this, if you don't already have it. Assuming you don't already have it then you can always borrow it. Borrowing it is always risky but if you are here to learn about how to start an independent record label then I am betting you are a risk taker. You can borrow it from a bank, from your parents, from your rich grandfather, it doesn't matter but you are going to need it.
Another option, which is always the preferred way, is through OPM's or better known as other people's money! Investor--that is the key word here. Find two, three or better yet five investors who believe in you and believe in what you are going to involve them in and you will be set or at least on the right foot. You have to sell them on the fact that you know how to start your a record label. The only downfall is that you have to pay them back a percentage of your profits but they deserve it if you succeed at what you are doing.
Acquiring capital, cash or a loan is only the beginning of the process of learning how to start and run your own record label. Get your ideas and your money situation together and you will have accomplished the most important step in starting your own business. You of all people know that not everyone is born with a silver spoon in their mouth. You are definitely going to have to work and plan and slave. But once you know how to start your own independent record label, then you have no excuses. You just have to get out there and get it done.
If you are trying to learn how to start and run your own record label then you have come to the right place. Positioning your record label, along with producing and selling your first records will take time. But how quickly things progress along will depend on how much time and dough you are able to put into the label itself. It also depends on what genre and format of music you are releasing.
If you have no experience in knowing how to start a record label, it might be worth gaining some work experience at a label, getting some advice from a trusted label owner you know, or attending some training or workshops. There are also a number of music industry books and websites you can check for advice on how to start an independent record label. Don't ever be afraid of getting help from people who have succeeded themselves.
An alternative way when figuring out how to start a record label may be to start small. Do this by licensing a recording to a compilation or to another label, or by releasing a small run of singles. Sometimes selling recordings at gigs or through your website, and aiding the band in booking gigs is a great place to start. Also, building a fan base is a good way to build up music industry contacts, a market for your recordings, and some powerful experience.
Managing and promoting artists is a standard way of getting into the how to start an independent record label side of the biz. Once you are confident that you can handle a release, a typical lead in time for promoting an album release could be around ten to fifteen weeks on average. This allows time to pick up coverage from monthly magazines, radio, and reviewers.
You will need to have absolutely everything in place. Organize the contacts with the press and your distribution deal before starting your promotions. It is imperative to build momentum and break into the marketplace at the peak of the public's recognition of your merchandise.
Both the media and business partners involved will want to hear "the plan" the story about the artist/s, and what makes them and their music so special. But this doesn't have to be as much work as it seems. Stay organized, have a plan of attack so that you can ensure your artists, your label and your name will succeed. See, planning how to start and run an independent record label is not as difficult as you thought.
Ty Cohen has sinced written about articles on various topics from Keyboard Synthesizer, Mens Health and Marriage. Online music industry's most recognizable voice-the former owner of an independent label, current owner of Platinum Millennium publishing & national music industry seminar speaker/panelist. Also, author & creator of 40+ best-selling music business books,. Ty Cohen's top article generates over 33100 views. to your Favourites.