Man, where to start?! Well, I’m writing this letter because I know how scared you are and I’m hoping these words can help to alleviate some of the fears and questions you have about yourself and your future as a musician.
I want to give you a little bit of advice, too. I know you won’t listen to it, but I’m going to give it to you anyway.
What if I told you that I had a job opportunity for you. What if I told you that it was within your field of musical interest, that the hourly wage was twice as much as the average U.S. worker, that you could set your own hours, and be your own boss?
Would you want me to tell you more?
Well, then…keep reading.
Below, we’ll explore some of the ways teaching can enhance your music career. I’ll also share with you some tips and secrets that will show you how to get started right now!
In an earlier article of mine, Secret to a Successful Music Career, I talked about the importance of diversifying one’s income sources when seeking to make a living as a musician. I also provided a list of suggestions for how you might go about earning “extra” cash with your musical skills.
Teaching is at the very top of that list.
Here are a few reasons why you should seriously consider teaching as an income source: Continue reading →
If you asked me to distill my twenty years of musical success into a single word of advice, that word would be diversify.
Savvy financial advisors have been giving that same word of advice to investors for years.
Because by diversifying your investments, you reduce your overall risk of loss and create a more secure scenario for your interests.
How does that advice apply to your music career?
Your investing your valuable time and your hard-earned musical skills into the creation of your ideal job. Spreading that investment out across a wide range of income opportunities will create a nice safety net. This net will provide a feeling of confidence and security when facing any unexpected financial challenges that may pop up and try to get between you and your musical dreams.
Since a large portion of my audience is presumably made up of folk musicians, I’ll restate this idea in a more colloquial manner:
Don’t put all of your eggs in one basket.
It’s a simple formula. If all of your eggs are, indeed, in one basket and something happens to said basket, you might just loose all of your eggs. Continue reading →