This #FridayMotivation we wanted to provide you some content curated from individuals really out there getting to the bread. So we’ve provided 2 videos here, one from L Dre and another from Ed Talenti, where they both break down how they are able to maintain, sustain, and most importantly OBTAIN a great living through music.
Ready to quit your day job? Well you need to learn all you can, whether you are producer, artists, rapper, singer, Manager, the more you know the further you go!
This video Ed talks about creating passive income in music. He talks about tapping in to that revenue through Youtube, the fact that this content stays on Youtube forever, if done right this content once you start generating income continues to generate income in perpetuity. This work In perpetuity is an important word to learn for ANYONE in music.. why? It means: It frequently occurs in the phrase “in perpetuity,” which essentially means “forever” or “for an indefinitely long period of time.” according to meriam-webster.com
He also goes into selling Sample packs… which is very interesting but one sample pack can go for $30, which can continue to sell for ever (in perpetuity) once posted on your website.
He also taps L. Dre to talk about his success with residual income and streaming income from platforms like spotify.
