These venture bets on startups that "returned the fund," making firms and careers, were the result of research, strong convictions, and patient follow-through. Here are the stories behind the biggest VC home runs of all time. Babe Ruth would strike out a lot, but also made slugging records. Likewise, VCs swing hard, and occasionally hit a home run.
For independent hip-hop artists, one of the constant pains of your career will be getting consistent cash flow. How do you get enough money to invest in your music as well as support yourself? You could get a job on the side, but that would take time away from your music, and you want to be dedicating as much time as possible to your craft as possible to launch your career. Outside of getting a job, borrowing money off friends and family or getting crowdfunding for your music , you have the option of getting investors to finance your recording career. Independent artists: learn how to build a fanbase and make money from your music. An investment in your music can definitely be helpful in paying for the multitude of things you need as an independent artist: studio time, graphic design , promoting and marketing your music , hiring a team, and plenty more. Of course, the investment process for an independent artist is like getting investment for any other business. The best way to understand investment for an independent artist, though, is knowing what kind of funding you will need.
How To Start
So you want to make a go of it in the music industry? Firstly you need to think of your music as a business , and something that you will need to invest in, both in money and in time, in order to grow it and make it, ultimately, profitable. And choosing the way in which you want to fund your music career will determine which path you take. You can pick a publicist , a brilliant producer , and then, perhaps most importantly, an investor. This gives you the chance to be fully dedicated to your music, without a part-time job to supplement your music.
When you're looking for investors in your music business, it's important to remember that in exchange for the cash, you'll be giving up a chunk of your business, some of your autonomy, or both. Make sure you carefully consider the real cost of the investment --not only what you will have to pay back, but what you will be sacrificing when you work with an investor--and make sure you are clear on these points in advance. Here are some of the options when it comes to raising money.