Archive | March 2015

10 Questions Music Tech Startup Founders Should Ask When Choosing An Accelerator or Incubator

Paul_Graham_talking_about_Prototype_Day_at_Y_Combinator_Summer_2009

It is not news that the world of business accelerators and incubators is booming. The Top 15 incubators attract thousands of applicants for each cohort submission period. With over 50% of startups raising over $1 million each in additional financing after graduating a top program, many eager young entrepreneurs flock to these opportunities hoping to breakthrough.

Unfortunately, with only a 1% admission rate, getting accepted to Harvard Business School may be easier than a top accelerator or incubator program.

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Infograph: Understanding U.S. Music Royalties

The Music Business Association (Music Biz) published an infographic, “Music Royalties USA Quick Start Guide,” which gives songwriters and performing musicians a simple way to understand the complex framework they must navigate to receive proper payment for their work.

Click to enlarge and download.

Click to enlarge and download.

The document illustrates how royalties are handled for songwriters, publishers, and performers in various media, such as Physical Products and Download Sales, Radio & TV, Satellite & Cable Radio, Non-Interactive Streaming Radio, On-Demand Streaming Music Services, and Synchronization – Movies, TV, Games, Etc. The infographic also explains some of the more misunderstood jargon related to royalties and tells songwriters, publishers, and performers exactly which entities they need to register with.
“Because the rules governing music royalties are so complex and differ so greatly from one medium to another, many artists are leaving a significant amount of money on the table without even knowing it,” said Bill Wilson, Vice President of Digital Strategy and Business Development at Music Biz. “This infographic arms songwriters, publishers, and performers with the knowledge they need to ensure they get everything they are owed, allowing them to get back to what they do best: making music. We’d also like to thank our Affiliate Partners ASCAP, BMI, The Harry Fox Agency (HFA), The Recording Academy, SESAC, and SoundExchange, who all helped review the infographic to ensure it fully captured the process.”

The “Music Royalties USA Quick Start Guide” is the latest in a series of informational infographics that affirm Music Biz’s commitment to the artist community by providing vital information needed to understand how the music industry works and tips to get the most out of the services available to them. Previous entries include the “Global Music Licensing Quick Start Guide,” “SEO for Music Websites,” the “Artist Website Toolkit,” and more.

The infographic is available for free and can be viewed as a JPG or PDF.

Source: http://musicbiz.org/press-releases/music-biz-decodes-u-s-music-royalties-new-infographic/

10 Things I’ve Learned Over The Last 10 Years As An Entrepreneur, Employee, And Consultant

Own-Your-Thoughts

A friend’s Facebook status update sparked my own reflection on the last 10 years as I’ve pursued, accomplished, and failed as an entrepreneur, employee, and consultant.

I might come back to this post and expand on one or more of the following lessons, skills, nuances, whatever you want to call them; but for now, here’s the quick rundown:

10 Things I’ve Learned Over The Last 10 Years As An Entrepreneur, Employee, And Consultant

1. How to say “no”.
2. How to ask “what’s your budget?”
3. How to put myself and my interests first (or at least in line with my contribution to projects, others, companies, etc.).
4. How to accept, learn from, and NOT be defined by my failures.
5. How to pick associates and read people better. Big opportunities often eclipse individual motives when collaborating with people who have uncertain intentions.
6. How to use past accomplishments as success stories and not ego.
7. How to build and nurture mutually beneficial relationships.
8. How to be an asset without getting screwed…too much.
9. How to find common denominators that manifest into synergy.
10. How to be good at what I do (and realize when I’m being lazy).

Dae Bogan Joins SXSW Music Mentor Program at SXSW Music Conference

SXSW-2015-Music

Do you have questions that only someone in the music business can answer? Do you need to discuss problems that you may be having with your career but you don’t have access to the right people? Then the SXSW Music Mentor Program is for you! The program is designed to give direct access to industry professionals who have agreed to share their time and experience with others. Experts from all aspects of the music business will be on hand to provide you with valuable advice that you can use.

Receive personalized input by scheduling one-on-one meetings with the mentor of your choice. The SXSW Music Mentor Program runs for four days (Wednesday, March 18 – Saturday, March 21) of the 2015 SXSW Music Conference. Mentor announcements and online sign-up will begin in late February.

Dae’s Session: Thursday, March 19 from 3:30-4:30 (Full Schedule)

Register to attend today! There will be nearly a dozen mentor sessions this year with a variety of mentors just waiting to share their vast knowledge of the biz with you!

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