The Unforgivable Mistakes of Starting a Record Label

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Starting a record label can be exciting, but making unforgivable mistakes can lead to failure. From picking the wrong type of label and business structure to mishandling finances and contracts, many new label owners struggle to navigate these crucial decisions. Learn from my experience and avoid the common pitfalls that hold many back. Watch this video to gain insights on how to build a successful record label and avoid costly missteps.

00:00 - Let’s talk!
00:46 - Mistake 1 - Type
03:22 - Mistake 2 - Structure
05:09 - Mistake 3 - Capitalization
06:25 - Mistake 4 - Testing & Kicking the tires
07:48 - Procedure - The Contracts
09:15 - What if I tested the records, but the artist doesn’t want to continue?
10:50 - The only money I can get is credit!
11:55 - When should I start the LLC, because we’re already recording
14:07 - Asking these questions before you get deep in
14:54 - Ignoring these questions

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Solid advice as usual. Thank you for specifically mentioning NOT tying up artists for a Universal purpose. It makes me want to work with you. #RealTalk

thewonderdawgmusic
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Thank you Casey!!! I'm looking forward to our next jam session.

BrittneyeMusic
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My idea (since I make AI music, and many people consider it fake or whatever) was to make a record label for artists who make AI music. I understand that 100% AI generated music can't be distributed, most likely because of bots, but I know some great "fake musicians" on Udio, many of whom have not even considered monetizing their music. It's a very niche idea, but I don't think anyone has done it yet, and AI artists need representation too. Also, with that idea, I won't need a recording studio and can operate on a shoestring budget.
I'm insanely depressed right now (for other reasons), but I'm HOPING and PRAYING it will all work out.
Thank you for these wonderfully useful videos, it's a real service to the community, and probably has saved many people a lot of stress and hassle. I'm bookmarking it for later, I'll be watching it many times over the next couple of weeks.

GamaheaMusic
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Love the content bro. I just want to know if the 60 days to start a record label course also pertains to artists like me that just want to have all their royalties tied together, and every branch of the business organized, or if it’s just for someone wanting to manage artists?

jordanparadisemusic
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Hi man, I saw older videos and just asking if i have to make two llc for a loan-out deal if I'm signing myself or do I just transfer thru an agreement the rights to my llc ???

AlbertoGomez-oiou
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These 2 words
"Record Label"
will be challenged & replaced. Neither defines industry today nor ever again. Software has eaten this industry & many others. Look Forward, learn DLT. ; )

drewpiacine