In my latest video, I’m sharing some hard-earned wisdom from my journey as a small business owner in the music industry. If I were to restart my music business in 2024, there are definitely a few things I’d do differently. Whether you’re a fellow producer, artist, or content creator, I think you’ll find these insights valuable.
What I’ve Learned
Having started my music business back in 2015 right after graduating from uni, I quickly realized that running a business is a whole different ball game compared to making music. From navigating finances to building a team, here’s a list of the top 10 things I wish I’d done differently:
- Better Market Research: Understanding your market and audience is crucial. I wish I’d spent more time researching and analyzing before diving in.
- Better Tools to Start With: Investing in the right tools from the beginning can make a huge difference in efficiency and quality.
- Business Credit Card: Managing finances effectively with a business credit card could have simplified things.
- Finances: Proper financial planning and management are key to sustaining and growing your business.
- Self-Belief: Confidence in your abilities and vision can drive you through tough times.
- Build a Team: Surrounding yourself with a supportive and skilled team can help you achieve your goals faster.
- Embrace Technology: Staying up-to-date with tech trends can enhance your workflow and business operations.
- Network: Building connections within the industry can open doors and create opportunities.
- Document Everything: Keeping thorough records helps in tracking progress and learning from past experiences.
- Prioritize Self-Care: Taking care of yourself is essential for maintaining long-term productivity and creativity.
Why This Matters
These tips are designed to help those who are still navigating the path of running a small business. By sharing my experiences and lessons learned, I hope to offer some guidance and support to those who are on a similar journey.
Check out the video below to hear more about these tips and how you can apply them to your own business!
Let’s Connect
If you’re a small business owner or someone interested in the realities of running a business, I’d love to hear your thoughts and experiences. Drop a comment below, and let’s discuss!
Keep pushing forward and stay inspired!
