185. Music Business Management – How To Keep More Of The Money You Make

Is music business management, especially the money part, stressing you out?

You’re not alone. Particularly this time of year, you may be scrambling to get your taxes done and realizing that you don’t have a good system for managing your money. Or maybe, you’ve been avoiding music business management and tracking income and expenses completely.

If that’s you, ignorance may feel like bliss right now, but I promise it will catch up with you.

So in this episode of the podcast, I brought in some experts on music business management, some from the music industry and some from the finance industry, to help.

Music Business Management – How To Keep More Of the Money You make

Alexis Louis of Growth Group talks about the biggest mistakes she sees with her clients when it comes to music business management, money and taxes.

Tiana Clewis of Selah Financial gives some really practical advice on how to decide what is a good investment for your music career and what is just a “want” but not a need.

Wade Sutton of Rocket To The Stars gives a great example of a non-negotiable when it comes to investing in your music career. He also explains how to know when it’s time to pull the trigger on making this investment.

Nancy Moran of Azalea Music offers some really practical tips on how to save money while touring and how to make sure you’re considering all of your expenses when deciding whether a tour if profitable.

And finally you’ll get a little taste of my favorite music business management system, Profit First, from Moshe Amsel of Dreambuilder Financial. You will definitely want to dig into both the Profit First book and his session during the Profitable Musician Summit.

And speaking of the Summit, the live online event is happening April 22 – May 1, including full 45-60 minute value-packed sessions from these 5 amazing speakers and 28 more. You can get your free ticket for the  Profitable Musician Summit by clicking this link.

ABOUT HOST BREE NOBLE

Bree Noble is an entrepreneur, musician and speaker. She founded Women of Substance Radio, an online radio station that promotes quality female artists in all genres, in 2007.  She launched the Women of Substance Music Podcast in November 2014, a 5 day per week show which promotes Independent female artists. Her podcast has hit #1 in New & Noteworthy for the Music, Arts and Society & Culture categories and #4 Audio Podcast on all of iTunes. She draws on her extensive experience running her own music business, both as a solo musician and as an Industry professional, to train and mentor other female musicians. Learn more about the station, the show and the artists atwww.wosradio.com. Connect with Bree on Twitter @BreeNoble or on Facebook or on Instagram