Crowdfunding Music

Jul 22, 2012 21:11

This article looks at crowdfunding music and related expenses. Some crowdfunding projects are more successful than others; some people are better at raising money. But one thing seems consistently true: you can't take the exact model from conventional publishing and drop it straight into crowdfunding. That doesn't work very well. You need to design a business plan that works with your fundraising method and the available amount of money.

As for putting money back into a business? I so wish. I know that's the most effective way to build a business, but pretty much all the money I make from crowdfunding goes straight into basic living expenses.

cyberfunded creativity, music, news, economics

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