Make Beats Online

Start Your Own Record Label – As Seen In XXL Magazine!

Posted on 13. May, 2009 by admin in start own record label

If you are anything like me you know that there is one alternative to greatly consider when determining whether to make a living creating music beats is whether or not they should start their own record label.

While I do not have my own record label as yet (I’m getting there, lol)… it really isn’t a bad idea to consider starting one.

There are a couple of advantages when owning a Record Label. This can be leveraged into getting more fees and/or royalties. There is also a Tax deduction that can be fed back into your beat making habit. Although I do have quite a bit of overheads, my main consern at this stage is to actually help others by getting their music and beats heard.

I didn’t even consider starting my own label until a few months ago. The reason is because I have really been fortunate and blessed so far with what I have done and accomplished in my musical career. Doing sessions for big names and learning from the best in the biz.

You need to however make sure that you do everything legally and by the book, otherwise it’ll come back to bite you in the butt, which would not necessarily go down well when trying to build a name for yourself.

A friend of mine tried this once and believe me when I tell you, he is still regretting it. Remember that there is a significant different between making beats to sell and trying to market your beats through your label. There’s bookkeeping, business contracts, loyalties, etc. to worry about.

Start your enterprise with a clear and open head. Don’t take shortcuts, listen and learn. Imagine having to try and produce your beats sitting behind bars… Can’t be fun or easy! Besides, you wouldn’t want the wrong type of “street cred”, wouldn’t you?

Click here to see how simple it can be to get the right type of “cred” you need…

Should you want to start your own record label as proprietorship, all financial obligations and obligations will be lying with you. This is the most popular for those of you just starting out.

It’s straightforward and all profits and losses are directly attached to your personal income. The next step would be to a license from the registrar of deeds and therefore make it legal.

Some guys will try and start a partnership. One guy makes the beats and the other runs and maintains the business. This is a good option and I know quite a few people doing this, but you need to make sure you have everything written down on paper. Things like responsibilities, shares, etc. It’s also a good idea to try and get a lawyer when signing partnerships or contracts.

There are packages available today that will help you start your own record label. The payoff with having your own record label will be greater than to just be hired, but be careful… You need to check things out first.

Do your homework and try to get as much info as possible.