The High Flyers Podcast with Vidit Agarwal $69 Jaddan Comerford: Inspired by dad and starting music record label at age 17 to $20M Unified Music Group today, how monetisation and artist model works & unpacking spotify
Welcome to episode #69 w Jaddan Comerford! Here are 5 key takeaways that I think you will learn from this episode today:
- How his parents inspired him to have a go which led to starting his music record label at age 17?
- What helped Jaddan succeed starting his own business right out of high school? Unified Music Group today has 70 employees and $20M in revenue without any external capital raised.
- A-Z of Unified Music Group and the support it provides artists
- The challenging economics in music and why artists earn less than 20c a stream on Spotify?
- How did Jaddan get started investing 4 years ago?
BONUS: Jaddan mentions, “not all that glitters is gold” and ask yourself, is it an opportunity or a distraction?
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TIMESTAMPS
03:00 - Jaddan quick facts
03:45 - High Flyer in Jaddan’s life
04:50 - Jaddan’s sunrise: influence of family + environment
07:30 - Inspiration from his entrepreneurial parents
08:50 - Not fitting into private school
11:05 - Average marks graduating high school
11:50 - First 3 months of starting Boom Town records at age 17
14:35 - Learning how to run a startup early on
16:20 - What helped him succeed starting out at 17?
20:30 - Balance between inner belief and over confidence
24:00 - Dynamics of people in music industry: trust in relationships
27:15 - Basic introduction into Unified Music Group and operations?
30:20 - How does an artist get discovered?
32:20 - Monetisation model in Music: Do Artists earn less than 20c a stream on spotify?
36:40 - Independence vs going direct to audience and discovery
38:50 - Touring provides biggest return for artists and how it’s returning after COVID downturn
40:35 - Involvement in MODA DAO and Web3 for Music
42:45 - How did Jaddan get started investing 4 years ago?
48:00 - How has Rachael made him a better person?
49:40 - Final sprint
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This show showcases relatable role models, re-imagining a high flyer to help you achieve your potential and be 1% better everyday!
Contact Vidit at vidit@curiositycenter.xyz