Five Steps to Protecting Your Music and Your Money

There are a lot of independent labels out there waiting to use a talented musician to make quick money. The offers may seem hard to refuse, especially if you are a struggling artist or band that has struggled to get a record deal. A little money and exposure may seem great for the moment, but you run a high risk of getting contractually bound to that record label for the rest of your life. If a better deal comes along later, you may not be able to accept it, or you may get robbed of your rightful percentages.

All of this I learned the hard way. I was very fortunate to be able to get myself out of trouble and get a fresh start in the music business. I also took time to educate myself through books and the experiences of others, as well as mys own, to conceive a plan on how to avoid a repeat of what happened once before. This plan I believe will be very helpful for you ambitious artists pursuing your dreams. It is put into five easy steps, but make sure to read the details listed within each step.

1. Copyright your music

This is one of the most important things you can do to protect your music. Take the time, fill out the forms. There have been many instances where a person wrote a song and nothing ever came of it. Years later a signed band steals their song and remakes it. The original artist had it copywritten and sues the other record label for thousands if not millions of dollars. Instant riches! Protect your tunes.

2. Understand what you really want from your music

Figure out whether you are looking to sell your songs to record companies, or be the band and artist who performs the songs. There is good money in just writing songs for other bands. Ask for a percentage if that is your decision, because that will generally make you much more money in the long run than an up front payment. The only thing you sacrifice by writing instead of performing is the fame and exposure. Also, determine how much you stand behind your music. Are you willing to allow the record company to make several changes to your songs and try to mold you into