| There is a big difference between being in the Music | | | | liability is anything that loses money. To effectively |
| Industry and being in the Music Biz. Knowing the | | | | market your assets and limit liabilities, you'll need to |
| difference will help you make better decisions as you | | | | have some sort of business structure or music |
| Step Into the Music Biz.The Music Industry is mainly | | | | company established.A Record Label is a business |
| made up of Musicians and DJ's- people who love to | | | | created by companies that specialize in recording, |
| sing, play and perform.Some Musicians, in the music | | | | producing, manufacturing, distributing and promoting |
| industry, will play for little or no money. You'll find | | | | audio and video recordings on various formats |
| people in the Music Industry singing in your Church | | | | including CD's, LP's, DVD's. The Record Label name |
| Choir, on a street corner for tips, or playing the local | | | | derives from the paper label at the center of a |
| College Bar. For a Musician, a paid gig is usually icing | | | | "phonograph record".If you plan on being in the music |
| on the cake.There is nothing wrong with playing | | | | biz, you are planning on making money. If you plan on |
| music for the love of playing. There is noting wrong | | | | making money, I suggest that you have your |
| with wanting to play your favorite records in front of | | | | administrative game on point. There will be lots of |
| crowds for little or no payment. But don't get it | | | | paperwork (Incorporation, Taxes etc.) and details |
| confused with being in the Music Biz. The Music Biz is | | | | that you'll need to have in order to succeed in the |
| all about business.Being in the Music Biz means | | | | Music Biz.Jerome Ford is a 20 year radio, record, |
| developing marketable assets and preventing them | | | | promotion and new media expert and Vice President |
| from becoming liabilities.An asset is anything that can | | | | of Succeed In the Music Biz @ Jerome has worked |
| generate money for your business (CD's, videos, | | | | directly with national, local, indie and major label artists |
| mechandise, concerts etc.) and marketing those | | | | successfully. |
| assets to prevent them from becoming liabilities.A | | | | |