One thing that has really troubled me the more I look at people's patterns around going for their dreams, is that people take advice or take as fact, the opnions of people who haven't managed to acheive their own goals. Its like when you meet a muso who had big dreams but didn't quite make it and you take it on board when they say " The music industry is hard. Its impossible to earn a living unless you're in a covers band or something". Its a terrible burden this whole romantic notion that a large percentage of the music community has bought into, that musicians and artists are poor.
I mean... some are and some are not, right?
So many people hit a few hurdles and then buy into the whole, "Well, you just can't make a living from music". B.S!
One of my biggest hurdles has been educating myself on how money works and how to make money from my art and how to cashflow my life without sacrificing my music and dreams. Over the past four years I have conquered some big challenges and my financial future is looking ever so much brighter. And it means I can make more music, I give more to charities and friends, I have more time for the people I love and if anything my passion for wanting to do more musically and go that extra mile has increased because I can see what is possible now.
I'm going to include some insights and resources that have had me go from renting and earning barley enough to feed myself, to owning four properties, doubling my income, earning royalties, touring with my music heroes, seeing the world and having a solid plan to be out of 'bad' debt by the end of this year and living off a passive income within the next five years. Good debt is like a loan for an investment that makes you more money each month then you owe each month. Bad debt is one that sees money leave your pocket each month and none come back in. My goal is to get myself in such a strong financial position that I can start the first Artists Bank. A place where artists can get a home loan, not based on their deposit or 'wage', but instead, their commitment to their art and on the condition that they spend a year studying how money works and how to safely invest. But more on that later.
On the freeing myself from debt note, here is a little book that I can totally recommend. This little book is quickly getting me out of bad debt. Its an amazingly simple, easy to follow process that gets you thinking and acting like a rich person around money. People with money have certain things in common. Processes that they all do. So if you want to have money, copy what people with money do.
If you have bad debt hanging around that you just can't seem to get rid of, or if you have a pattern of making some money and then the next thing you know... not having money. If you never seem to get ahead. If your dreams are becoming personal jokes because the pressure to work a real job is taking all your time and energy away from your music; THEN THIS IS A BOOK YOU MUST READ.
If you can learn an instrument, then this is a breeze. And they are offering a money back guarantee, so you can't lose. I think its onl like $15 or $20. I should have looked again before I started typing I guess. But you'll see.
This really has been a life changing book for me and I would love to think that other musos will start to look at the reality of the industry and our place in the world and start a revolution where musicianship is a more respected and more luctrative career. But it has to start with us. We need to decide that we are worth more. That music should be respected the way other services are in our society ... i.e. by paying for those services.
So check this book out or find other boosk taht get you started on the road to having more time to make your music and less time worrying about bills.
There are msuicians out there who are making a good living from doing what they do. Therefore its possible, right? So all you have to do is find out what they are doing differently and copy it.
And lets face it, with the economy the way it is and things heading in the direction they are heading, this is not a good time to have bad debt. Now is the time to clean up lose ends and get yourself in a strong position so you don't get sucked in to the economic downfall.
YEAH! Anything s possible!