Tag Archives: Education

Entrepreneurship As An Option?

Ha, I know.  It seems rather unlikely these days to even consider starting your own business.  With the daily costs of living steadily increasing and finance rates going through the roof, finding the money to start your own business isn’t exactly the most realistic option; however, I am here to tell you that it can be done.  In fact, I am going to go so far as to tell you that it really should be done…more often, that is.

Being a creative person, I tend to surround myself with lots of other creative people.  This being the case, we tend to spend a lot of time talking about our choices in “creative degrees” which have gotten us disappointingly “uncreative jobs” over the years.  More and more people are graduating from college to join the much talked-about “real world” only to realize there are less and less jobs available.  It is easy to become disenchanted about the path you have chosen, especially if you are looking for a career in the Arts.  The bottom line is that most employers are looking for people with experience who are reliable and can weather the current storm that is our economy.  Unfortunately, students who graduate college Summa Cum Laude in Business may not have shot in hell if they have no job experience.  It’s not that Education is not valued among employers but simply that employers are looking for more from their employees.  With so few jobs available and so little money around to compensate for those jobs, employers do not want to take their chances, and we are left sitting around wondering what to do.  I have a suggestion.  If you cannot find the job you want, then make the job you want.

This may seem a little “head in the clouds and starry-eyed” for some people, but it can work.  It has worked for me, and I am happy that I have ridden the sometimes bumpy ride of self-employment.  I am happy with where I am in my career, and I did it my way.  Now it’s not exactly as if I’m rolling up to the Benz dealership looking for a new ride, but I am paying the bills…which is a step in the right direction.  I think that many recent grads or folks with very little industry-related experience are scratching their heads right now, wondering how they can possibly get more experience in the work force if nobody will hire them because of their inexperience.  It is quite the dichotomy….hence my proposition.  There is no better way to learn than to jump in with both feet and just start trying things out.  Take things into your own hands, and learn how to run a business while getting the experience you need to run someone else’s.  Of course, the next questions is where all that money will come from.  I have a solution to that, too.

Start small.  You have to start small and start smart in order to grow your business and your reputation.  It is unrealistic to think that you can go take a loan out from the bank and suddenly be able to support yourself and/or a family as soon as you get started.  Loans need to be paid back, and the current interest rates don’t exactly lend themselves to your making a profit anytime soon.  So, you need to problem solve.  If you have a bit of money set side (even as little as a few hundred dollars) that you can spare, use that for your start-up costs.  There is no better way to motivate yourself to start making money with your business than by investing your own money to begin with.  Secondly, do not go into this thinking that your new company is going to replace your day job.  It won’t.  In fact, if you are in the music industry, you should know better than to think that you will ever have just one job.  What it does mean; however, is that you may be able to supplement the income from your day job with  a business that may EVENTUALLY replace your day job.  At the same time, you are getting the industry experience you need to expand your resume and list of abilities.  Here’s some tips:

Choose a business that has very little overhead (they do exist).  In other words, choose something that you can essentially do from your home, with the help of your laptop and cell phone.  Do not expect to have any employees at first, if you want this to work.  If you are a musician, one of the most lucrative things you can do with your abilities is to teach privately.  This has been my full-time job for 5 years, and it provides incredibly flexible hours that you can work around another job, as well as little to no investment on your part as long as you have an instrument to teach on and a space to do it in (Yes, your living room counts).  If teaching isn’t really your thing, then start a blog or website.  Creative people often forget that creativity doesn’t come as easily to everyone else.  You DO have knowledge that not everyone has, and people will pay you to share it.  Find local advertisers for you blog, and you will be surprised how quickly it will catch on.  There are many more options: consulting, booking bands, managing bands, building websites, promoting bands, starting a classical group that plays weddings…the list goes on.

There are tons of options out there for people who want to get their feet wet and make a little extra cash on the side, but mainly you just need to get out there and DO IT.  No amount of wishing or hoping is going to change the current job market, so you need to start changing it for yourself.  Starting a business does not have to be scary.  It should be exciting and fun, and people will rally behind you if they can sense how serious you are about making something happen.  Be smart, diligent, and hard-working, and you will be surprised how quickly things will fall into place. Being a waitress during the day does not mean that you have to forget your dream.  All it means is that you will have to work a little harder to get it, and you will be better for that.

Listening to: 22-20′s – “Devil In Me”

Recession, recession…

That’s right, folks.  I used the new four-letter word….wait, 9….you get the idea.  We all knew this post would come eventually, and I’m afraid it’s time.  I (along with everyone else in the country right now) am starting to feel the effects of this downward spiral that we refer to currently as our “economy.”  Times are getting tough, and I wake up every morning hoping I still have a job to go to the next day.  At this point, I suppose it’s important to mention that I am self-employed.  This being said, I am not immune to the possibility of a job loss.  Private music lessons aren’t exactly in high demand right now, and I am finding myself wondering how I am possibly going to make ends meet this summer, as many of my students will be leaving for extended periods of time.  Pretty much the usual, you know?  So the next logical step is to start looking for alternatives.  I, myself am a fan of logic, and here’s what’s been floating around in my head for the past couple of weeks:

A) I have a college degree.

B) It’s in music performance and music industry studies.

C) You don’t actually need a degree to do any of the above.

D) I have the same job I had through most of college.

E) No, I did not get a raise when I graduated.

As you can see, all of this presents a potential problem, the solution to which I have decided is law school.  Yeah, shocking I know.  It’s not like every misguided college graduate I know hasn’t already gone down this road (for better or for worse), but the current status of our nation’s economy should be making you think about your own job security right now and what you can do to lock that shit down.  This begs the question: in an industry where people can become wildly successful with little or no college education, is it necessary to have a college degree?  This is something I teetered back and forth about for a long time when contemplating college, but it has become quite clear to me that the answer is both yes and no.  As you can see, I also like extremely vague statements…

The music industry is so much different from pretty much any other industry (still going strong with that vagueness).  In this industry, you can truly excel in your field with sheer street smarts and a good work ethic if you put your mind to it.  However, I struggle to think of any aspect of this industry where a juris doctor WOULDN’T make you a more desirable and invaluable employee.  Yes, I am aware that the world is over-run with lawyers, but not entertainment lawyers….no sir!  We are now, more than ever, in dire need of people who have a thorough understanding of the law and are dying to share it with others.  There are so many high-powered people in the music business who have no idea what they’re getting themselves into when signing a contract that it’s almost scary to conceive of the dire possibilities.

Yeah yeah, this whole law school thing does require several hundreds of thousands of dollars, but that’s a small price to pay for job security, if you ask me.  A full-time job with an almost inherent license to kill?  Now that’s something I could get used to…

Fortune Cookie:

Spend some time thinking about how you can make yourself invaluable to your employer.  If you are your own employer…start a website or blog.  It’s free and wholly necessary as a marketing tool!

Listening to:

Frank Sinatra – “Chicago”

YEAH COLLEGE!

I guess that I should mention that I graduated from Loyola New Orleans in May (cue the slow clap).  Those who know me also know that I have some very strong opinions about college and my specific experience at Loyola.  I feel that it is time to share some of those insights for all you ambitious high school students out there thinking about music business as a degree/career.  Here goes:

Insight #1: DON’T

Don’t even THINK about getting into this industry if you’re not passionate about it.  The hours are too long, and the pay is too little for you not to love it.

Insight #2: SLEEP IS A FIGMENT OF YOUR IMAGINATION

It will benefit your career (and freak out your roommates) if you develop a nocturnal lifestyle.  Also, learn how to nap anywhere, anytime, and for 5 minutes…you’ll know what I mean when you have 3 night classes a week (and you will).

Insight #3:DON’T BOX YOURSELF IN

If you decide to go after a music industry degree (or something thereabouts), don’t lose your head if you completely change your original direction after your freshman year.  Take all the opportunities you possibly can, and learn about as many different aspects of the industry as possible.  You never know what you will be doing, and you never know who will call you to record their cat snoring and turn it into a sweet remix.  You wanna be that guy that can say, “Yeah, I can do that.”….you may not think so now, but a paying gig is a paying gig.

Insight #4: IF YOU FIND OUT WHAT THE “REAL WORLD” IS, PLEASE TELL ME.

You will hear nothing but advice about how things work in the “real world” for your entire 4 (or however many) years at college.  I have no idea what this means.  Maybe we live in an alternate universe where cats are dogs and dogs are really cats and…oh my god…it’s so overwhelming…balancing check books, oh crap…responsibility…and, and work and stuff.  Seriously…that’s all bullshit.  Everyone will want you to think that college is your little protective nut where you are safe from deathrays or whatever.  Learn how to take care of yourself DURING college…not after.  You do live in the real world…it’s just a little bit different from your mom’s “real world,” is all.

Plenty more to come on the subject of college at a later date.  Feel free to add some advice if you have anything for our youngsters out there.

Fortune Cookie: Write down all the reasons why you want to work in the music industry and all the reasons why not.  If your list of “Why Nots” exceeds that of the “Why Tos”…Welcome.

Listening to:

“Wolf Like Me” – TV On The Radio