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   >> article   

The Keys to Your Own Record Label 
by Ty Cohen
©2008

Do you have an eye for talent? Are you sick of sitting back watching the talents fly on by, knowing that if you only knew How to start an independent record label that you would be the one raking in the cash? Well, you have come to the right place. I am going to reveal to you all the secrets that you want to know behind how to start a record label.

There is so much talent out there that the record labels canít pick up people fast enough. Really, if you think about it, all it really takes is that one incredible band that fans just flock to like sheep to their Sheppard.  Their CDs will sell like crazy and you, little old you will be the one making all that incredibly sick profit. Why shouldnít it be you, after all? Why should it always be someone else? All you need to know is how to start and run your own record label; it is as simple as that.

So, what? What is it that you need to do? Well, letís start from the beginning. You are definitely going to need some dough of your own. There are a couple of ways to get this, if you donít already have it. Assuming you donít already have it then you can always borrow it. Borrowing it is always risky but if you are here to learn about starting a record label then I am betting you are a risk taker. You can borrow it from a bank, from your parents, from your rich grandfather, it doesnít matter but you are going to need it.

Another option, which is always the preferred way, is through OPMís or better known as other peopleís money! Investor--that is the key word here. Find two, three or better yet five investors who believe in you and believe in what you are going to involve them in and you will be set or at least on the right foot. You have to sell them on the fact that you know how to start your a record label. The only downfall is that you have to pay them back a percentage of your profits but they deserve it if you succeed at what you are doing.

Acquiring capital, cash or a loan is only the beginning of the process of learning how to start and run your own record label.  Get your ideas and your money situation together and you will have accomplished the most important step in starting your own business. You of all people know that not everyone is born with a silver spoon in their mouth. You are definitely going to have to work and plan and slave. But once you know how to start and run an independent record label, then you have no excuses. You just have to get out there and get it done.

about the author >>  Ty Cohen, the online music industry's most recognizable voice is the former owner of a successful independent record label, current owner of Platinum Millennium publishing and nation-wide music industry seminar speaker and panelist. He is also the author and creator of over 40 best-selling music business books, reports, courses, audio products and other music industry "How to" resources", that have helped tens of thousands of indie artists like you to successfully find their way in the music business.

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