Starting an Indie Label: Not As Hard As You Think
Independent record labels have been around since the beginning of records themselves. The biggest problems in the past, when figuring out how to start an independent record label, have had to do with funding and the generation of profits. “Indie” labels more recently though have exploded on the music industry scene for many reasons. Over the next few minutes, we are going to go over how to start a record label and why it is not as hard as your think.
Learning how to start and run your own record label is not an impossible feat by any means. In fact, the whole process has become much easier with time. Up until the 1990’s recording equipment and products were gigantic and quite expensive. But now they have not only shrunk in size but the price has shrunk as well. This has made things much easier for all those out there who were trying to figure out how to start an independent record label with very little cash flow. So, that solves your equipment problem. Now, where to put it…
Once you have the equipment, you are going to need some sort of make-shift studio. Some people may have the luxury of starting this business at home. But this all depends on where you live and the set up of your home. Deciding to start an independent record label from home can cut your costs tremendously. If this is not an option for you, then a rented space can be surprisingly cheaper than you would think. If you just want to test the waters before totally committing, then renting a pre-stocked ready-to-go studio for around $100/hr. is another option to consider. Remember, you are just starting out so you don’t have to go “all out” in the beginning.
Now you can see that there are many options for those contemplating how to start a record label. The Indie record label market is on the rise, so what exactly are you waiting for? As you can see, the cost of starting up are minimal and believe me, in the long run, the profits can be great.
Starting your own label can be risky business but risk is something that every entrepreneur has to take at some point. With proper guidance and the right amount of determination, learning how to start and run an independent record label should be no problem at all.
Owner of Platinum Millennium publishing, former record label owner & national music industry seminar speaker/panelist. Author & creator of best-selling music biz books, courses, audio products & “How to” resources that helped 1000s. Go to http://www.TheUltimateRecordLabel.com for more.
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