If you want a long-term career in the music industry as an artist,
you have to have a team; there’s no exception to this. Whether your goal as a
musician is to be a local artist, achieve indie success, or get signed by a
major label, having a music team will help you attain your goals. A music team
can be made up of as many people as you like. George Howard,
founder of Slow River Records,
gives great suggestions about including a web developer, tour manager, and song
pluggers in your own music management team. Nonetheless, with out these 5 key
people in your team, you will not take your career in the music industry to the
next level:
The personal manager is probably the most important person
in the team, other than the artist. As an artist, you have to be careful in
choosing who you want as a personal manager. Chose one that correlates best
with you in order to have a great relationship where trust and communication is
generated. A personal manager will arrange the other team members, and delegate
special jobs to them. This manager will also counsel, guide and manage the
artist’s career. A manager’s duties DOES NOT include finding employment for the
artist – that is a booking agent’s job. Be careful when deciding the terms of a
management contract; make sure a provision is included just in case certain
objectives aren’t met. The industry standard is 20% of income, but
there are exceptions to this. Also, the post-term agreement can be
controversial. Look for a sunset clause to
reach for a compromise.
Attorney
An entertainment attorney is important because they are
informed about all the legal aspects and issues you may not be aware of. Having
a legal adviser in your music team not only protects your best interests, but also
enables you to negotiate possibly good deals. Attorneys can also write your
contracts, and help you understand the details of other contracts you need to
sign. Make sure you and/or your personal manager do enough research when
choosing an attorney. Compensation can be anywhere from a consultation fee to
an hourly rate.
Booking Agent
A booking agent finds employment for the artist. There is a
common misconception that a manager is supposed to find the gigs for the artist.
Brad Wavra, Vice
President of Touring at Live Nation, describes a booking agent as someone who
collaborates with the artist by providing relationships with corporate
sponsors, club owners and other agents. Booking agents offer great services,
and can really help you get noticed. Generally, a booking agent receives 10-20%
of artist commission from the gig.
Business Manager
A business manager strictly handles money. In the beginning
of your career, you may not need a business manger since you won’t be producing
much income. However, once you star
receiving a steady cash flow, a business manager will be necessary. They can
handle all of your finances, including paying bills, taxes, collecting salaries,
royalties, and more. Business managers are usually compensated by the hour,
month, percentage, or any combination of those.
Publicist
A publicist purpose is to get you noticed by the public.
They can manage your social media accounts, create a media campaign, and get
you in blogs, magazines, TV and radio. They create a buzz about you (the
artist) and your music. Depending on the job of the publicist, they can charge
an hourly rate, monthly fee or a project fee.
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