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Music Business Fundamentals Part Two: Funding Your Music
5.0( 1 REVIEWS )
72 STUDENTS
2h 35m

This course is designed for those interested to learn the basics of music business fundamentals, the steps to start a career in the field, the advantages and concerns of new businesses, specifically in the arts, as well as the different types of funding.

Read more.
Course Skill Level
Beginner
Time Estimate
2h 35m

Instructor

Jason Allen is a PhD in music, and was recently named one of the semi-finalists for the Grammy Foundations "Music Educator" award.

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About This Course

This is a course designed for the average person who is ready to take their music career or music interest and turn it into a business. Whether you are an active musician, an aspiring musician, or an aspiring music manager or agent then this course is perfect for you.

In this course, we will focus the entire course on the steps to start a career in the music business. First, we will focus on the advantages and concerns of new businesses, specifically in the arts. Next, we will walk through the different types of businesses from corporations, to family businesses, to nonprofit organizations. Most importantly, we will learn what is best for your business, and walk through the step-by-step process to setup and register your business. Lastly, we will walk through the steps needed to create your most essential founding document, the operating agreement. 

Also included in this course is a comprehensive plan to build a professional business plan including text template pages, Excel spreadsheets, and more. Some of the step-by-step guides in this course will be:

  • The steps to take to start your music career
  • Deciding on your business type
  • Filing your legal forms
  • The five major sources of funding
  • Finding investor options for your music career
  • The eight parts of the business plan

Who this course is for:

  • Anyone in any country who is ready to start their professional music career by learning everything they need to know about how the music business works and how to launch a career today.

Our Promise to You

By the end of this course, you will have learned how to fund your music business.

10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

Get started today and learn more about the music business fundamentals.

Course Curriculum

Section 1 - Introduction
Introduction 00:00:00
About Me 00:00:00
Section 2 - How Much Money Do You Need
Need Vs. Want 00:00:00
Determining Seed Money 00:00:00
One-Time Costs 00:00:00
Ongoing Costs 00:00:00
Burn Rate 00:00:00
Fixed And Variable Costs 00:00:00
Example Budget 00:00:00
Section 3 - Equity Financing
What Is Equity Financing 00:00:00
Friends And Family 00:00:00
Angel Investors 00:00:00
Venture Capital 00:00:00
Finding Investors 00:00:00
A Word Of Caution 00:00:00
Section 4 - Debt Financing
What Is Debt Financing 00:00:00
Lenders 00:00:00
SBA 00:00:00
Questions And Documents You Will Need 00:00:00
Terms 00:00:00
Factoring Debt Into Your Startup Costs 00:00:00
Section 5 - Grants
What Is A Grant 00:00:00
Consider Your Niche 00:00:00
Federal Grant Opportunities 00:00:00
State And Local Opportunities 00:00:00
Private And Non-Traditional Grants 00:00:00
Understanding The Source 00:00:00
Recycle 00:00:00
Section 6 - Bootstrapping
What Is Bootstrapping 00:00:00
Consider A Co-Founder 00:00:00
Generate Cash Quick 00:00:00
Be A Budget Ninja 00:00:00
Keep Your Day Job 00:00:00
Never Outsource – Learn 00:00:00
Learn To Build A Website 00:00:00
Partner, Partner, Partner 00:00:00
Section 7 - Crowdfunding
What Is Crowdfunding 00:00:00
Pre-Selling Your Thing 00:00:00
Running An Active Campaign 00:00:00
Section 8 - Wrap Up
What’s Next 00:00:00
Thanks And Bye 00:00:00

Course Review

5.0

5.0
1 Ratings
  1. Anonymous

    Informed of Funding Possibilities

    5.0

    I feel inspired and motivated to bootstrap my business. J, the teacher, definitely is biased towards bootstrapping and for a good reason. He informs the audience of many possible ways, if not all the ways of funding, as well as budgeting any business. Highly recommended and looking forward to taking the rest of his classes.

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