Should Musicians pursue other endeavors?
Should Musicians pursue other endeavors?
The music industry is not like a stable 9 to 5 job . You don’t know how long you will be famous for . When people have a 9 to 5 they have a stable monthly income . When you become a musicians you need to leverage your fame to other endeavors a good example is starting a business , sponsorships, produce , direct movies or invest in other companies. Furthermore , the music industry in 2022 is becoming more advanced in technology. Were they easily have access to music instead of just paying for it. It has made it difficult for musicians to have made money from music
Should Musicians pursue other endeavors?
Chloe Bailey talked about it in an interview explaining Chloé spills the truth about record labels and the music industry 😳 . – YouTube .
Chloe explains you make the money from after you release the music which is almost like an Advertisement. That is the reality for the music industry today. When you look at rappers like Jayz and Diddy they are good example of leveraging their fame with investing , starting businesses. Artist, Icon, Billionaire: How Jay-Z Created His $1 Billion Fortune (forbes.com) Many people are becoming just from being a personality and that bring lucrative deals .
Cardi b is a good example
How Cardi B Used Social Media to Take Over the World | by Angie Liu | Truly. | Medium
How Cardi B Makes Fashion Moves | BoF (businessoffashion.com)
She used being on love and hip hop to leverage her music . And now she has used her music for other things like being invited to fashion shows and being involved in the fashion industry. When you become a musicians you need to look at it as a business. And that very difficult for some people. Because they may be passionate about making music. What are the options? when you look at Beyonce career she went into acting.
Dream girls was a big movie for her she still incorporated singing which is what she is known for and also acting. That leveraging your fame for other projects. Doing that could also help you get a new audience that people haven’t heard of before. Doing movies could also open many doors such as writing producing editing . You could find your passion in that industry. Many directors hire celebrities because of their names. Prestige will drive great revenues for box office that what directors and producers are looking for. Beyonce and Jennifer Hudson are great singers.
Does taking other endeavors mean you will be successful at does ?
When it comes taking other endeavors you need to connect with does people in the industry. One of the great things about becoming musicians is that many companies are looking to partner up and do business with you. Because they know that it will drive revenue to their companies. Jay-Z Meets With Warren Buffett and Steve Forbes | HipHopDX . This meeting probably helped Jayz a lot of when it comes to business and investing .Because Waren is very good at that . Producing is a very interesting one because you’re producing for other people and you’re also a musician.
