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| Name | Multiple Revenue Streams - How Record Labels Make Money in 2023 |
| Video Uploader | Video From Other Record Labels |
| Upload Date | This Video Uploaded At 25-01-2022 12:00:12 |
| Video Discription | ►► Download a worksheet from today's episode for FREE! http://otherrecordlabels.com/revenue Let’s talk about multiple revenue streams and why they’re so essential for the financial stability of independent record labels. Now, I don’t mean to be patronizing, but let’s think of streams flowing into a bigger body of water… A lake or an ocean that gets its mass from various smaller bodies of water (rivers, streams, etc) all flowing to a central location. When we as a record label, or any business, look at our total revenue for an entire month or year, it generally comes from multiple sources. Multiple revenue streams are essential for any business because of how hard it is to achieve your revenue goals from simply one singular source of income. Instead, multiple these various income sources make it easier for us to reach our financial goals by diversifying our revenue generating opportunities. ** FREE RECORD LABEL TOOLKIT [DOWNLOAD] ** https://www.otherrecordlabels.com/toolkit ** CHECK OUT ALL MY FREE RESOURCES FOR RECORD LABELS ** http://otherrecordlabels.com/record-label-resources ** RECORD LABEL PRODUCTIVITY PLANNER ** https://geni.us/recordlabelplanner ** BOOKS I RECOMMEND ** https://www.otherrecordlabels.com/books ** SQUARESPACE COUPON CODE ** https://www.otherrecordlabels.com/squarespace Follow #OtherRecordLabels on Instagram http://instagram.com/otherrecordlabels In this video... Introduction - 0:20 Free Guide to multiple revenue streams - 1:29 What are multiple revenue streams? - 1:50 It puts less pressure on any singular initiative - 4:46 It creates revenue insurance - 6:44 It diversifies your opportunities - 9:54 Find more resources for independent record labels http://OtherRecordLabels.com ***LISTEN TO THE OTHER RECORD LABELS PODCAST*** 🎧 Apple: https://podcasts.apple.com/podcast/other-record-labels-starting-running-a-record-label/id1330707800?i=1000514016041 🎧 Spotify: https://open.spotify.com/show/4WTeul11W3NUJa6liTjRUI?si=qBu5obOoRqWiW3MIbrg0NA How to Start a Record Label Online Course... http://otherrecordlabels.com/courses |
| Category | Music |
| Tags | multiple revenue streams ideas | music revenue streams | how record labels make money | record labels | multiple revenue streams for record labels | record labels explained | making money in music | how to start a record label | record label | other record labels | multiple revenue streams | passive income music | music marketing 2022 | music business 2022 | music industry 2022 | record label contracts explained |
