4min snip

Founders cover image

#323 Jimmy Buffett

Founders

NOTE

The Importance of Business in the Music Industry

Bill Williams, editor of Billboard's Nashville headquarters, taught Jimmy Buffett the importance of owning the publishing on hit songs. Artists are seen as disposable, and handling the business end is crucial. Buffett applies these lessons and becomes one of the few musicians to build a billion-dollar fortune. Despite initial struggles and rejection, Buffett moves to Key West and successfully packages and sells the Key West lifestyle. Trusting in himself and his instincts, Buffett's decision becomes his most important. Entrepreneurs can relate to Buffett's experience of facing criticism and should believe in their own opinions.

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