performing

Multiple Income Streams

In order to achieve some level of financial stability, every musician will leverage a variety of income sources to make ends meet and eventually break through to higher earning potential. The degree to which each category will be leveraged will largely depend on factors such as individual personality, career goals, style of music, and networking. The three biggest income streams for a musician can be broken down as follows: Teaching, Performing, Sales.

Teaching

Being a music teacher is by far the most stable hat a musician can wear, and this is serves as the foundation for world-class performers teaching masterclasses at Conservatories or Universities and serves as a steady start for the young teacher at the local music store. As you gain experience performing and word of mouth spreads about the success of your students, your studio will fill and your rate will gradually increase.

In major cities, by far the best place to teach is after school programs. You simply set up an interview with the principal or music teacher and then find out if there are any students interested in afterschool music lessons. You won’t get more than a couple kids per day, but the benefits are great: you can command a higher rate, cherry pick interested students, no charge for renting a studio, and parents will jump at the opportunity to keep their kids occupied instead of sitting around waiting for the bus or in study hall. If you’re worried about getting started and have no experience, the most effective way to get your foot in the door is to substitute teach for a friend (again – network!)

Performing

Who are we kidding? Getting on stage and playing is the reason most people pick up an instrument. Unless you’re already booked at the Met or solo regularly with orchestras around the world, performing will serve as a high but often unpredictable source of income. Concerts, background music, weddings, corporate events, and church services all count as a way to boost your income and get you playing for people. In order to get started you will need a website and a couple mp3s at the bare minimum and can expect to take about a year to get yourself up and running and no longer “paying your dues.”

 Some people like to look at their income as primarily teaching-based with performance as a bonus. This will gradually shift as you gain experience performing and once you find yourself turning down more events due to your teaching schedule, it will be time to evaluate your approach, crunch the numbers, and re-focus your streams.

Sales

This includes T shirts sold at concerts, CDs, mp3s, sheet music, iTunes, and downloads. Personally, this is the weakest of my income streams with performing shifting into the strongest stream over the past two years. I always bring CDs to sell to any event and all musicians should utilize sales as an income source. If you have a huge Facebook following or your band is a local favorite, you need to have something fans can purchase. Additionally, having a CD or mp3s you send concert promoters or include in your press kit is a must.

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Know Your Worth

Knowing your worth and valuing yourself as a performer is the single most important aspect of making money as a musician.  After years of lessons, hours of practice, teaching, and getting your feet wet with small gigs here and there, there comes a time when you will be forced to evaluate yourself and what you offer the community.  You aren’t getting paid for all the hard work, yet you deserve to be making money with your talents.  Why aren’t I getting more gigs?  Why was there a poor turnout at my last concert?  Sooner or later these questions enter the head of any musician, and the answer lies in how you view the business side of your career.

 Life Outside the Practice Room                                                                                               You could be the greatest musician in the world, but if your cat is the only thing to hear you play, you’re in for a tough time when looking for opportunities in a city where nobody knows you exist. Having confidence in your ability to deliver a truly great performance and the ability to communicate with your audience in a genuine, friendly manner goes a long way to securing a fair booking fee.  Ask yourself – what would I pay to hear me

Shoot for the Stars, Land on the Moon                                                                                    With performer based search engine sites like Gigmasters, GigSalad, and Wedding Wire, it can be difficult to book events as the new kid in town especially when up against longtime members.  These sites are great for getting started; however, they are best used to drive traffic to your personal site.  I’ve shared these same struggles and I’m going to share with you some of my tips to get the rate you deserve and book more gigs. 

 1.       Know  the competition

Whether you use Yelp, your own personal site, or a large event booking site like the ones mentioned above, take some time to view other musician’s press materials.  Do a search in Google and type in things like “Piano wedding Baltimore” or “Guitarist for event” and see what the results are.  Take a look at sites you like and don’t like so you can organize your webpage accordingly.

2.       Know what types of events you’re interested in

This should be common sense, but don’t waste time with events you aren’t interested in.  If you want to play weddings, contact wedding planners and do some research on many of the popular venues in your city for ceremonies.  Don’t waste time in desperation trying to find a bar looking for music once every blue moon.

3.       Charge more than the competition

This may sound insane, but if you truly know your worth, believe in yourself, and stand by your rates – you’ll be pleasantly surprised with the events that may roll down your pipeline.  It all comes down to proper groundwork.  If I was looking to hire somebody, I’d never take a musician seriously if they charge $100 for a performance or $20 a lesson.  That’s just too low for all the time spent practicing and reeks of desperation.  Yet, that’s the price range of the bulk of my “competition.”  To top things off, with a rate that low, you’d need to land at least 10 gigs a month just to pay the rent – that’s hardly surviving.  You want to be the Ferrari, not the Honda.

 50 gigs later, after one year in a new city, I’m convinced that a large part of my success is due to my ability to set high goals.  I moved from the East Coast to the West and came to terms with the fact that There’s always somebody willing to work for less.  Rather than low-balling my quotes to potential clients and competing for scraps, I waited it out and laid down the proper framework to beat the competition. The first couple gigs were tough to book, but if I hadn’t been sure of my worth as a performer and the experience I offer in planning music for a wide array of events, I’m afraid I’d still be competing for $100 weddings and $200 background music events.   Now, I have broken the $1000 barrier and am still looking to improve my results.  Do I still do the occasional $200-300 event – absolutely if it is something I’m interested in!  However, rather than scrambling for dozens of gigs, I can pay the rent and then some after 2 or 3 all because I trust my worth and what I offer as a musician and businessman. 

Remember: You bring with you not just an instrument, but thousands of hours of practice, past performances, and the years of experience gained from honing an art. 

3 Simple Tips for Emailing Clients

1. Start with a friendly greeting. This may sound simple, but this needs repeating. Many people have no idea how they come off over email – let alone in real life – but somehow think that communicating behind a computer screen is some sort of safety net. What would amount to an awkward first impression in real life results in an email that either falls flat or comes off as insincere and unprofessional. I recommend making the first sentence of any email a “thank you,” stating my appreciation for their interest in my music and that I’d be happy to discuss their event further. If this is a newly engaged couple – especially if it is the bride you’re emailing – this goes double. Thank them for their interest AND congratulate the couple on setting a date to tie the knot. The vibe you want to established is friendly-professional. They want to know that you’ll not only be a great performer, but somebody who is enjoyable to be around and could possibly be hired again in the future.

2. Keep it simple, stupid. The first email should fit on the screen without need for scrolling. Be polite and friendly, but get to the meat of things fast. I like writing, “just to be sure I understand you correctly…” and then following with a bullet-point list that includes arrival times, duration, event address, repertoire, and my quote. This will make things much easier when you are juggling multiple gigs. You’ll thank yourself later when sorting out the details of an event, and the client will be happy you aren’t wasting time with endless banter.

3. ALWAYS LINK. Always, always, always, always include a link to your website. If you don’t have a website – you should, and that will be discussed on the blog soon – attach mp3s or a resume (or both!) to every email you send. Every email I send ends with a link to my website immediately under my name. If you have an impressive site, this is a great way to show it off to clients, and it speaks volumes about your sense of professionalism.

Again, these are my simple tips and rules that I follow when I email event planners, clients, potential students, and concert venues. If anyone would like additional advice or an in-depth look at emails I have sent (I save everything) feel free to comment or email Gigsmarter@gmail.com