Building Your Management Team
As an artist or manager, you will need a management team to
help get your business to the top. There
are several tips I will share with you in order to for you to be successful.
In the article, How to Build Your Music Management Team,www.ehow.com/how-2111894-build-music-management-team-html it
suggests that you do research about the professionals that will be on your
team. Members of your team should
include an accountant, lawyer, agent, publicist, financial planner, record
company executive, music publisher, and corporate sponsor.
By doing your research, you will know what role these people
play and be able to understand how the roles relate to your goals as an artist. Your manager is the person who coordinates
and motivates all these people to work for your success. He or she must have an open mind, be
cooperative, and able to listen to suggestions (Frascogna & Hetherington,
2004,p 108).
You must also know what your budget is. If you don’t have much money to pay a team,
you can work out a plan where your team can get paid based on a percentage of
your work earning. For others, such as
your publicist, financial planner, etc., your manager can negotiate a tiered
payment plan until you start making money off your shows, albums or recording
deals.
Next, you should find the people. You should hire professionals who know the
music business. According Frascogna & Hetherington, (2004)in the book, This Business of Artist Management, your
manager has to be able to develop one-on-one personal relationship with your
team. It is also important for you as
the artist to meet and establish personal relationships with your team
members also. According to Frascogna & Hetherington,
this is referred to as “ working the office”.
You should cement your team by signing contracts with your
team members. You should conduct your
career as a business at all times. You
have to be protected at all times. Once
your contracts are in place, you are ready to work.
With everything in place, professionally and legally, your
team can go to work on your behalf and you can focus on your creative craft. You can focus on being the best artist that
you can be!
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