should i setup a music studio as business? (points for best answer)?
Question by Matt: should i setup a music studio as business? (points for best answer)?
i was wondering, in your opinion, do you think it would be a good idea to setup a music recording studio as a business?
right now im in college for a criminal justice degree and plan on making a career in law enforcement, but ive always been very musically inclined and just passionate about music in general. Dont get me wrong, i dont plan on abandoning my current carreer path (as a matter of fact i plan on doing both if the money and time is there) and i have no illusions about how hard it is to be successful in the music industry and how artist make money (what little there is left to be made).
i myself am a musician and make my own music. after hours of editing and sampling, etc, etc, i find that i actually enjoy the process of producing a record itself. so naturally i want to possibly explore the possibilties of setting up my own studio (perhaps one day a label). im prepared to invest as much money as necessary to do this, i estimate it would take at the least a 10-15 grande investment (not including leased office space, and yes i know what i will need to set up a studio). i live pretty close to raleigh north carolina and beleive i would probably set up somewhere in the research triangle. i also plan on being the sole employee / owner (maybe hire 1 or 2 people if i make money)
what i want to know is, how hard is it for a recording studio to make money? would it be hard to attract business in the raleigh area? and how much do music studios typically charge to work with artist?
I GIVE POINTS FOR BEST ANSWER!
Best answer:
Answer by Krebsy
try and minor in sound or talk to your advisor about wanting to do this. this way you can have some experiance in college. I think you would have alittle bit more prestige than just trying to start it up.
What do you think? Answer below!