LONG-TERM PASSIVE JOBS (WITH MUSIC)
OH YESS, YOU GOT THAT RIGHT✅✅
These kinds of jobs also exist. Without wasting time, let’s define the types of jobs that allow you to have a passive income in the music industry:
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SAMPLE PACKS E-COMMERCE
History speaks (Splice, Loopmasters, indipendent sample labels)
If you are able to sell high quality sample packs for X years you will create a continuous and “passive” income, in case the packs have success.
The steps to realize this kind of process are usually a weekly or monthly production of sample packs, building your own sample label and website, running ADS to get started and be consistent during time.
Another approach could be selling your packs to sample labels and create an advance contract or a royalties split contract, so you won’t need to build your indipendent environment.
Here are some famous examples:
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APPROACHING THE BUSINESS OF THE STREAMING ARTIST
i.e. the classic artist who is not known from people but creates a very high revenue in the streaming market only from royalties.
A recent example is the ‘Slap House’ genre during these years.
Being able to realize this business model requires hard work for the creation of an organic and independent network of playlists or to sign with the major labels in the business (ex: Actuation, Soave, etc.).
Here below some examples of music industry niches where this “passive royalties income” business is known for:
THE CHOICE HERE IS ENTIRELY UP TO YOU💎
If you have some budget to invest, it will certainly be better to have an independent network working with others, and consequently have the decision-making capabilities and many other advantages than to have to come to terms with a label.
Many times the revenue earned through the label can be invested to create your own business/playlist environment/reality.
Definitely an interesting business to be able to make music your job.
I strongly recommend pairing it with a more safe and reliable source of income, so you have two coordinated plans, short and long term.
This can be a more entrepeneur-artist approach💎💵
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CREATION OF EVERGREEEN MUSIC
With this type of music you will be able to create classic evergreen traffic, a bit like Mariah Carey did with ‘All I want for Christmas is you’.
By this I do not mean that you will need to make a global hit to be able to reach this goal.
Actually you will only need a CONSTANT and CONTINUOUS source of traffic to guarantee a stable income, and consequently be able to focus on other businesses.
There are several cases in music: some examples could be meditation, lofi, relaxing and ambient music, trending genres (see recent Phonk) etc..
Obviously here the problem is not making excellent music, but attracting listeners who decide to only come to you.
This is where ‘the creative entrepeneur’ comes in. There is no rule, you just need to focus your energy on finding a way to create that traffic.
Below some of the best genres that could fit this kind of business (keep in mind the industry is very saturated on these niches, so you need to really find a creative way to drive traffic):
Join the Black Mind Discord Community🎯
We created a fully-oriented Discord Server for Producers and Rappers:
You will find free samples and beats, weekly music and business tips and tricks, an entire community to network and share your products.
