Music Entrepreneurship, Part 1: Monetizing Your Music

15 Nov 2021 · 2 min
1:46

The video opens with Jay welcoming viewers to Slam Academy, a community of musicians united by a love for creating music. The academy offers both online and in‑person programs covering DJing, production, recording, and sound design, and emphasizes personalized instruction that meets students where they are. Student voices highlight the value of the curriculum, noting how the hands‑on classes accelerated their learning compared to traditional college music programs. The core of the session then shifts to a music business class where Jay explains the importance of treating a musical career as a business. He outlines why musicians should consider forming a company—covering legal and tax protections, potential for increased income, and the ability to scale. The lecture promises to cover different business entity options, the objectives each serves, the necessary paperwork, and a step‑by‑step process for filing with the government and obtaining a tax ID number. Jay emphasizes that the material will be practical, not sugar‑coated, and encourages viewers to watch the series to learn how to monetize their music effectively.

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