Seed Money for Music Business

Most emerging music labels, recording artists, music managers, songwriters and music producers think that if the only had someone to give them seed money for the music business then their dreams will come to past. It has been my experience that money isn't the driving force, but lack of proper planning and daily execution of that plan.

Write down the following then put the amount of money you spend every month next to them.

MONTHLY EXPENSES:

Rent/Mortgage
Grocery/Food Bill
Utilities
Car Note
Car Insurance
Fuel Prices
Cable Bill
Phone Bill
Cell Phone
Voice Mail
Cable Bill
Internet Bill
Shopping Clothes
Dry Cleaning
Beauty Shop
Barber Shop
Child Care
Eating Out
Entertainment
Student Loans
Credit Card Payments
Retirement Accounts
Health Insurance
Dental Insurance

MONTHLY INCOME:

JOB -just over broke
Stock Dividends
Business Income
Rental Income

Ask yourself do you need to spend the money you are currently spending on a monthly basis? Perhaps the seed money for your music business that you need may be found in the consumer goods that you spend on a monthly basis. Perhaps if you reduce your consuming spending, pay down your debt and seek other ways to increase your monthly cash flow you'll have greater access to the money you need to get your music business off the ground.

For greater details on money matters download a Music Industry Connection Book and read the Creating Wealth Section. Additionally, the Make Money Online Goldmine Blog has information that may aid you in increasing your monthly income.

The seed money for your music business may be close at hand if only you take a moment to look in house before going to others.